DW Consultancy Services: 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 Consultancy Services
Largest movements
- Cash +€20,664
up €20,664 (+52.4%), from €39,467 to €60,131
mainly Net result for the year (+€30,639) and Depreciation (+€3,219)
- Tangible fixed assets +€12,244
up €12,244 (+3289.4%), from €372 to €12,616
of which Furniture and vehicles: +€9,095
- Deferred charges and accrued income +€1,289
new in 2025: €1,289
- Receivables within one year -€1,129
down €1,129 (-4.1%), from €27,308 to €26,180
- Reserves +€30,639
up €30,639 (+60.7%), from €50,487 to €81,126
- Tax, wage and social debts +€2,108
up €2,108 (+22.5%), from €9,372 to €11,480
of which Remuneration and social security: +€2,359
- Depreciation +€3,055
up €3,055 (+1861.2%), from €164 to €3,219
- Gross operating margin -€1,787
down €1,787 (-3.7%), from €47,774 to €45,987
- Taxes -€843
down €843 (-9.0%), from €9,399 to €8,556
- Financial charges -€682
down €682 (-33.1%), from €2,063 to €1,381
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.
Cash bridge derived
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 | €67,574 | €100,642 | +€33,068 | +48.9% |
| Fixed assets | 21/28 | €798 | €13,042 | +€12,244 | +1533.9% |
| Tangible fixed assets | 22/27 | €372 | €12,616 | +€12,244 | +3289.4% |
| Plant, machinery and equipment | 23 | €372 | €1,348 | +€976 | +262.1% |
| Furniture and vehicles | 24 | - | €9,095 | +€9,095 | |
| Other tangible fixed assets | 26 | - | €2,173 | +€2,173 | |
| Financial fixed assets | 28 | €426 | €426 | = | 0.0% |
| Current assets | 29/58 | €66,775 | €87,600 | +€20,824 | +31.2% |
| Amounts receivable within one year | 40/41 | €27,308 | €26,180 | -€1,129 | -4.1% |
| Trade receivables | 40 | €27,308 | €26,180 | -€1,129 | -4.1% |
| Cash at bank and in hand | 54/58 | €39,467 | €60,131 | +€20,664 | +52.4% |
| Deferred charges and accrued income | 490/1 | - | €1,289 | +€1,289 | |
| Total equity and liabilities | 10/49 | €67,574 | €100,642 | +€33,068 | +48.9% |
| Equity | 10/15 | €51,487 | €82,126 | +€30,639 | +59.5% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €50,487 | €81,126 | +€30,639 | +60.7% |
| Distributable reserves | 133 | €50,487 | €81,126 | +€30,639 | +60.7% |
| Amounts payable | 17/49 | €16,087 | €18,515 | +€2,429 | +15.1% |
| Amounts payable within one year | 42/48 | €16,087 | €18,515 | +€2,429 | +15.1% |
| Trade debts | 44 | €368 | €1,214 | +€846 | +230.2% |
| Suppliers | 440/4 | €368 | €1,214 | +€846 | +230.2% |
| Taxes, remuneration and social security | 45 | €9,372 | €11,480 | +€2,108 | +22.5% |
| Taxes | 450/3 | €9,372 | €9,122 | -€250 | -2.7% |
| Remuneration and social security | 454/9 | - | €2,359 | +€2,359 | |
| Other amounts payable | 47/48 | €6,347 | €5,821 | -€526 | -8.3% |
| Remuneration, social security and pensions | 62 | €1,632 | €1,576 | -€56 | -3.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €164 | €3,219 | +€3,055 | +1861.2% |
| Other operating charges | 640/8 | €281 | €616 | +€335 | +119.4% |
| Gross operating margin | 9900 | €47,774 | €45,987 | -€1,787 | -3.7% |
| Operating profit (loss) | 9901 | €45,697 | €40,576 | -€5,122 | -11.2% |
| Financial charges | 65/66B | €2,063 | €1,381 | -€682 | -33.1% |
| Recurring financial charges | 65 | €2,063 | €1,381 | -€682 | -33.1% |
| Profit (loss) for the period before taxes | 9903 | €43,634 | €39,195 | -€4,439 | -10.2% |
| Income taxes | 67/77 | €9,399 | €8,556 | -€843 | -9.0% |
| Profit (loss) for the period | 9904 | €34,236 | €30,639 | -€3,596 | -10.5% |
| Profit (loss) for the period to be appropriated | 9905 | €34,236 | €30,639 | -€3,596 | -10.5% |
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 9 October 2026 via checked.be.