DWR 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.
DWR CONSULTING
Largest movements
- Tangible fixed assets +€843,803
up €843,803 (+20,427%), from €4,131 to €847,934
of which Land and buildings: +€843,803
- Cash -€52,481
down €52,481 (-66.9%), from €78,470 to €25,989
mainly Investment in fixed assets (net) (-€951,631) and Receivables within one year (-€5,735)
- Debts after one year +€584,036
new in 2025: €584,036
- Other debts +€140,248
up €140,248 (+3,608%), from €3,887 to €144,135
- Current portion of long-term debt +€34,089
new in 2025: €34,089
- Reserves +€22,000
up €22,000 (+31.4%), from €70,000 to €92,000
- Trade debts +€13,052
new in 2025: €13,052
- Depreciation +€106,229
up €106,229 (+5,644%), from €1,882 to €108,111
- Gross operating margin +€60,314
up €60,314 (+62.2%), from €96,956 to €157,270
- Financial charges +€13,222
up €13,222 (+336%), from €3,937 to €17,159
- Taxes -€11,715
down €11,715 (-61.0%), from €19,216 to €7,501
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 | €110,314 | €907,145 | +€796,831 | +722% |
| Formation expenses | 20 | €283 | - | -€283 | |
| Fixed assets | 21/28 | €4,131 | €847,934 | +€843,803 | +20,427% |
| Tangible fixed assets | 22/27 | €4,131 | €847,934 | +€843,803 | +20,427% |
| Land and buildings | 22 | - | €843,803 | +€843,803 | |
| Plant, machinery and equipment | 23 | €2,116 | €1,631 | -€486 | -22.9% |
| Furniture and vehicles | 24 | €2,015 | €2,500 | +€485 | +24.1% |
| Current assets | 29/58 | €105,900 | €59,211 | -€46,689 | -44.1% |
| Amounts receivable within one year | 40/41 | €26,661 | €32,397 | +€5,735 | +21.5% |
| Trade receivables | 40 | €26,661 | €32,397 | +€5,735 | +21.5% |
| Cash at bank and in hand | 54/58 | €78,470 | €25,989 | -€52,481 | -66.9% |
| Deferred charges and accrued income | 490/1 | €769 | €826 | +€57 | +7.4% |
| Total equity and liabilities | 10/49 | €110,314 | €907,145 | +€796,831 | +722% |
| Equity | 10/15 | €73,465 | €95,470 | +€22,005 | +30.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €70,000 | €92,000 | +€22,000 | +31.4% |
| Distributable reserves | 133 | €70,000 | €92,000 | +€22,000 | +31.4% |
| Profit (loss) carried forward | 14 | €465 | €470 | +€5 | +1.1% |
| Amounts payable | 17/49 | €36,848 | €811,675 | +€774,826 | +2,103% |
| Amounts payable after more than one year | 17 | - | €584,036 | +€584,036 | |
| Financial debts | 170/4 | - | €584,036 | +€584,036 | |
| Amounts payable within one year | 42/48 | €36,848 | €227,639 | +€190,791 | +518% |
| Current portion of amounts payable after more than one year | 42 | - | €34,089 | +€34,089 | |
| Trade debts | 44 | - | €13,052 | +€13,052 | |
| Suppliers | 440/4 | - | €13,052 | +€13,052 | |
| Taxes, remuneration and social security | 45 | €32,961 | €36,363 | +€3,401 | +10.3% |
| Taxes | 450/3 | €30,230 | €36,363 | +€6,133 | +20.3% |
| Remuneration and social security | 454/9 | €2,731 | - | -€2,731 | |
| Other amounts payable | 47/48 | €3,887 | €144,135 | +€140,248 | +3,608% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,882 | €108,111 | +€106,229 | +5,644% |
| Other operating charges | 640/8 | - | €1,096 | +€1,096 | |
| Gross operating margin | 9900 | €96,956 | €157,270 | +€60,314 | +62.2% |
| Operating profit (loss) | 9901 | €95,074 | €48,064 | -€47,010 | -49.4% |
| Financial income | 75/76B | €262 | €267 | +€5 | +1.8% |
| Recurring financial income | 75 | €262 | €267 | +€5 | +1.8% |
| Financial charges | 65/66B | €3,937 | €17,159 | +€13,222 | +336% |
| Recurring financial charges | 65 | €3,937 | €17,159 | +€13,222 | +336% |
| Profit (loss) for the period before taxes | 9903 | €91,399 | €31,171 | -€60,228 | -65.9% |
| Income taxes | 67/77 | €19,216 | €7,501 | -€11,715 | -61.0% |
| Profit (loss) for the period | 9904 | €72,183 | €23,671 | -€48,513 | -67.2% |
| Profit (loss) for the period to be appropriated | 9905 | €72,183 | €23,671 | -€48,513 | -67.2% |
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 17 October 2026 via checked.be.