DW CONSULTING: 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 CONSULTING
Largest movements
- Cash +€182,162
up €182,162 (+252.8%), from €72,065 to €254,227
mainly Net result for the year (+€116,980) and Current investments (+€72,162)
- Current investments -€72,162
down €72,162 (-7.7%), from €939,470 to €867,308
- Tangible fixed assets -€13,615
down €13,615 (-61.0%), from €22,333 to €8,719
- Reserves +€116,900
up €116,900 (+12.3%), from €948,925 to €1.1m
of which Distributable reserves: +€116,900
- Tax, wage and social debts -€18,164
down €18,164 (-54.5%), from €33,337 to €15,173
of which Taxes: -€21,014
- Taxes +€39,582
up €39,582 (+63.2%), from €62,639 to €102,221
- Financial income +€19,352
up €19,352 (+101.1%), from €19,148 to €38,500
of which Financial income: +€19,352
- Gross operating margin -€8,902
down €8,902 (-4.2%), from €211,510 to €202,608
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 | €1,064,753 | €1,172,829 | +€108,075 | +10.2% |
| Fixed assets | 21/28 | €22,333 | €8,719 | -€13,615 | -61.0% |
| Tangible fixed assets | 22/27 | €22,333 | €8,719 | -€13,615 | -61.0% |
| Furniture and vehicles | 24 | €22,333 | €8,719 | -€13,615 | -61.0% |
| Current assets | 29/58 | €1,042,420 | €1,164,110 | +€121,690 | +11.7% |
| Amounts receivable within one year | 40/41 | €29,878 | €41,515 | +€11,636 | +38.9% |
| Trade receivables | 40 | €26,217 | €26,217 | = | 0.0% |
| Other amounts receivable | 41 | €3,662 | €15,298 | +€11,636 | +317.8% |
| Current investments | 50/53 | €939,470 | €867,308 | -€72,162 | -7.7% |
| Cash at bank and in hand | 54/58 | €72,065 | €254,227 | +€182,162 | +252.8% |
| Deferred charges and accrued income | 490/1 | €1,007 | €1,060 | +€53 | +5.3% |
| Total equity and liabilities | 10/49 | €1,064,753 | €1,172,829 | +€108,075 | +10.2% |
| Equity | 10/15 | €997,778 | €1,113,926 | +€116,147 | +11.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €948,925 | €1,065,825 | +€116,900 | +12.3% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €948,925 | €1,065,825 | +€116,900 | +12.3% |
| Profit (loss) carried forward | 14 | €30,253 | €29,500 | -€753 | -2.5% |
| Amounts payable | 17/49 | €66,975 | €58,903 | -€8,072 | -12.1% |
| Amounts payable within one year | 42/48 | €66,975 | €58,614 | -€8,361 | -12.5% |
| Trade debts | 44 | €714 | €3,675 | +€2,961 | +414.8% |
| Suppliers | 440/4 | €714 | €3,675 | +€2,961 | +414.8% |
| Taxes, remuneration and social security | 45 | €33,337 | €15,173 | -€18,164 | -54.5% |
| Taxes | 450/3 | €33,337 | €12,323 | -€21,014 | -63.0% |
| Remuneration and social security | 454/9 | - | €2,850 | +€2,850 | |
| Other amounts payable | 47/48 | €32,924 | €39,766 | +€6,842 | +20.8% |
| Accrued charges and deferred income | 492/3 | - | €289 | +€289 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,615 | €13,615 | -€0 | 0.0% |
| Other operating charges | 640/8 | €1,695 | €1,681 | -€14 | -0.8% |
| Gross operating margin | 9900 | €211,510 | €202,608 | -€8,902 | -4.2% |
| Operating profit (loss) | 9901 | €196,201 | €187,313 | -€8,888 | -4.5% |
| Financial income | 75/76B | €19,148 | €38,500 | +€19,352 | +101.1% |
| Recurring financial income | 75 | €19,148 | €38,500 | +€19,352 | +101.1% |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €7,193 | €6,612 | -€582 | -8.1% |
| Recurring financial charges | 65 | €7,193 | €6,612 | -€582 | -8.1% |
| Profit (loss) for the period before taxes | 9903 | €208,155 | €219,202 | +€11,046 | +5.3% |
| Income taxes | 67/77 | €62,639 | €102,221 | +€39,582 | +63.2% |
| Profit (loss) for the period | 9904 | €145,517 | €116,980 | -€28,536 | -19.6% |
| Profit (loss) for the period to be appropriated | 9905 | €145,517 | €116,980 | -€28,536 | -19.6% |
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 10 October 2026 via checked.be.