dW-Consult: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
dW-Consult
Largest movements
- Cash +€28,050
up €28,050 (+51.3%), from €54,652 to €82,703
mainly Other debts (+€71,903) and Net result for the year (+€44,084)
- Receivables within one year +€24,577
up €24,577 (+99.2%), from €24,770 to €49,348
of which Trade receivables: +€25,369
- Tangible fixed assets -€7,762
down €7,762 (-9.6%), from €80,623 to €72,861
of which Furniture and vehicles: -€18,780
- Stocks and contracts -€7,137
down €7,137 (-45.5%), from €15,672 to €8,535
- Other debts +€71,903
up €71,903 (+669%), from €10,749 to €82,652
- Reserves -€39,191
down €39,191 (-34.2%), from €114,671 to €75,480
- Tax, wage and social debts +€14,330
up €14,330 (+548%), from €2,616 to €16,946
of which Taxes: +€12,471
- Debts after one year -€9,875
down €9,875 (-28.8%), from €34,277 to €24,403
- Gross operating margin +€13,685
up €13,685 (+19.9%), from €68,932 to €82,617
- Depreciation +€7,468
up €7,468 (+56.3%), from €13,274 to €20,743
- Taxes +€1,436
up €1,436 (+11.1%), from €12,923 to €14,359
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €175,718 | €213,447 | +€37,729 | +21.5% |
| Fixed assets | 21/28 | €80,623 | €72,861 | -€7,762 | -9.6% |
| Tangible fixed assets | 22/27 | €80,623 | €72,861 | -€7,762 | -9.6% |
| Plant, machinery and equipment | 23 | - | €11,017 | +€11,017 | |
| Furniture and vehicles | 24 | €80,623 | €61,844 | -€18,780 | -23.3% |
| Current assets | 29/58 | €95,094 | €140,586 | +€45,491 | +47.8% |
| Stocks and contracts in progress | 3 | €15,672 | €8,535 | -€7,137 | -45.5% |
| Stocks | 30/36 | €15,672 | €8,535 | -€7,137 | -45.5% |
| Amounts receivable within one year | 40/41 | €24,770 | €49,348 | +€24,577 | +99.2% |
| Trade receivables | 40 | €20,980 | €46,349 | +€25,369 | +121% |
| Other amounts receivable | 41 | €3,790 | €2,999 | -€792 | -20.9% |
| Cash at bank and in hand | 54/58 | €54,652 | €82,703 | +€28,050 | +51.3% |
| Total equity and liabilities | 10/49 | €175,718 | €213,447 | +€37,729 | +21.5% |
| Equity | 10/15 | €117,171 | €77,980 | -€39,191 | -33.4% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €114,671 | €75,480 | -€39,191 | -34.2% |
| Distributable reserves | 133 | €114,671 | €75,480 | -€39,191 | -34.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €58,547 | €135,467 | +€76,920 | +131% |
| Amounts payable after more than one year | 17 | €34,277 | €24,403 | -€9,875 | -28.8% |
| Financial debts | 170/4 | €34,277 | €24,403 | -€9,875 | -28.8% |
| Amounts payable within one year | 42/48 | €24,270 | €110,389 | +€86,120 | +355% |
| Current portion of amounts payable after more than one year | 42 | €9,541 | €9,875 | +€333 | +3.5% |
| Financial debts | 43 | €1,310 | €26 | -€1,284 | -98.0% |
| Credit institutions | 430/8 | €1,310 | €26 | -€1,284 | -98.0% |
| Trade debts | 44 | €53 | €890 | +€837 | +1,589% |
| Suppliers | 440/4 | €53 | €890 | +€837 | +1,589% |
| Taxes, remuneration and social security | 45 | €2,616 | €16,946 | +€14,330 | +548% |
| Taxes | 450/3 | €2,116 | €14,587 | +€12,471 | +589% |
| Remuneration and social security | 454/9 | €500 | €2,359 | +€1,859 | +372% |
| Other amounts payable | 47/48 | €10,749 | €82,652 | +€71,903 | +669% |
| Accrued charges and deferred income | 492/3 | €0 | €675 | +€675 | |
| Non-recurring operating income | 76A | €13,113 | €0 | -€13,113 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,274 | €20,743 | +€7,468 | +56.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €1,088 | €1,067 | -€21 | -1.9% |
| Gross operating margin | 9900 | €68,932 | €82,617 | +€13,685 | +19.9% |
| Operating profit (loss) | 9901 | €54,570 | €60,808 | +€6,237 | +11.4% |
| Financial income | 75/76B | €79 | €81 | +€2 | +2.5% |
| Recurring financial income | 75 | €79 | €81 | +€2 | +2.5% |
| Financial charges | 65/66B | €2,535 | €2,446 | -€89 | -3.5% |
| Recurring financial charges | 65 | €2,535 | €2,446 | -€89 | -3.5% |
| Profit (loss) for the period before taxes | 9903 | €52,114 | €58,443 | +€6,328 | +12.1% |
| Income taxes | 67/77 | €12,923 | €14,359 | +€1,436 | +11.1% |
| Profit (loss) for the period | 9904 | €39,191 | €44,084 | +€4,892 | +12.5% |
| Profit (loss) for the period to be appropriated | 9905 | €39,191 | €44,084 | +€4,892 | +12.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.