DWK 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.
DWK CONSULT
Largest movements
- Receivables within one year +€94,657
new in 2025: €94,657
of which Other amounts receivable: +€85,841
- Cash -€75,435
down €75,435 (-38.4%), from €196,558 to €121,123
mainly Receivables within one year (-€94,657) and Investment in fixed assets (net) (-€36,349)
- Receivables after one year -€40,455
no longer reported in 2025 (was €40,455)
of which Other amounts receivable: -€39,372
- Tangible fixed assets +€32,755
up €32,755 (+218%), from €14,992 to €47,746
of which Furniture and vehicles: +€31,359
- Reserves +€11,844
up €11,844 (+5.0%), from €236,723 to €248,568
- Gross operating margin +€6,811
up €6,811 (+74.3%), from €9,162 to €15,973
- Depreciation -€4,406
down €4,406 (-55.1%), from €8,000 to €3,594
- Financial income +€3,811
up €3,811 (+199%), from €1,918 to €5,729
- Taxes +€3,286
up €3,286 (+212%), from €1,553 to €4,839
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 | €252,005 | €263,526 | +€11,521 | +4.6% |
| Fixed assets | 21/28 | €14,992 | €47,746 | +€32,755 | +218% |
| Tangible fixed assets | 22/27 | €14,992 | €47,746 | +€32,755 | +218% |
| Plant, machinery and equipment | 23 | - | €1,396 | +€1,396 | |
| Furniture and vehicles | 24 | €14,992 | €46,350 | +€31,359 | +209% |
| Current assets | 29/58 | €237,013 | €215,779 | -€21,234 | -9.0% |
| Amounts receivable after more than one year | 29 | €40,455 | - | -€40,455 | |
| Trade receivables | 290 | €1,083 | - | -€1,083 | |
| Other amounts receivable | 291 | €39,372 | - | -€39,372 | |
| Amounts receivable within one year | 40/41 | - | €94,657 | +€94,657 | |
| Trade receivables | 40 | - | €8,816 | +€8,816 | |
| Other amounts receivable | 41 | - | €85,841 | +€85,841 | |
| Cash at bank and in hand | 54/58 | €196,558 | €121,123 | -€75,435 | -38.4% |
| Total equity and liabilities | 10/49 | €252,005 | €263,526 | +€11,521 | +4.6% |
| Equity | 10/15 | €249,133 | €260,977 | +€11,844 | +4.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €236,723 | €248,568 | +€11,844 | +5.0% |
| Distributable reserves | 133 | €236,723 | €248,568 | +€11,844 | +5.0% |
| Profit (loss) carried forward | 14 | €10 | €10 | = | 0.0% |
| Amounts payable | 17/49 | €2,872 | €2,548 | -€323 | -11.3% |
| Amounts payable after more than one year | 17 | €60 | - | -€60 | |
| Trade debts | 175 | €60 | - | -€60 | |
| Amounts payable within one year | 42/48 | €2,812 | €2,548 | -€264 | -9.4% |
| Taxes, remuneration and social security | 45 | €2,812 | €2,548 | -€264 | -9.4% |
| Taxes | 450/3 | €2,812 | €2,548 | -€264 | -9.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,000 | €3,594 | -€4,406 | -55.1% |
| Other operating charges | 640/8 | €1,304 | €1,301 | -€3 | -0.2% |
| Gross operating margin | 9900 | €9,162 | €15,973 | +€6,811 | +74.3% |
| Operating profit (loss) | 9901 | -€142 | €11,078 | +€11,220 | |
| Financial income | 75/76B | €1,918 | €5,729 | +€3,811 | +199% |
| Recurring financial income | 75 | €1,918 | €5,729 | +€3,811 | +199% |
| Financial charges | 65/66B | €115 | €124 | +€9 | +8.0% |
| Recurring financial charges | 65 | €115 | €124 | +€9 | +8.0% |
| Profit (loss) for the period before taxes | 9903 | €1,661 | €16,683 | +€15,022 | +904% |
| Income taxes | 67/77 | €1,553 | €4,839 | +€3,286 | +212% |
| Profit (loss) for the period | 9904 | €109 | €11,844 | +€11,736 | +10,803% |
| Profit (loss) for the period to be appropriated | 9905 | €109 | €11,844 | +€11,736 | +10,803% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.