GEWI CONSULT: what changed
Two fiscal 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.
GEWI CONSULT
Largest movements
- Cash -€57,257
down €57,257 (-51.9%), from €110,277 to €53,021
mainly Receivables within one year (-€53,067) and Investment in fixed assets (net) (-€6,095)
- Receivables within one year +€53,067
up €53,067 (+50.6%), from €104,944 to €158,011
of which Other amounts receivable: +€60,667
- Tangible fixed assets +€4,092
up €4,092 (+141.7%), from €2,887 to €6,979
of which Furniture and vehicles: +€3,174
- Trade debts +€6,014
up €6,014 (+318.1%), from €1,890 to €7,905
- Tax, wage and social debts -€5,079
down €5,079 (-10.5%), from €48,448 to €43,368
- Short-term financial debts -€2,205
down €2,205 (-70.8%), from €3,113 to €908
- Gross operating margin -€160,527
down €160,527 (-99.1%), from €161,903 to €1,376
- Taxes -€37,155
down €37,155 (-95.8%), from €38,774 to €1,619
- Financial income +€2,906
up €2,906 (+124.7%), from €2,330 to €5,236
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 | €219,617 | €219,672 | +€55 | 0.0% |
| Fixed assets | 21/28 | €2,887 | €6,979 | +€4,092 | +141.7% |
| Tangible fixed assets | 22/27 | €2,887 | €6,979 | +€4,092 | +141.7% |
| Plant, machinery and equipment | 23 | €1,243 | €2,161 | +€918 | +73.9% |
| Furniture and vehicles | 24 | €1,645 | €4,819 | +€3,174 | +193.0% |
| Current assets | 29/58 | €216,729 | €212,692 | -€4,037 | -1.9% |
| Amounts receivable within one year | 40/41 | €104,944 | €158,011 | +€53,067 | +50.6% |
| Trade receivables | 40 | €35,846 | €28,246 | -€7,600 | -21.2% |
| Other amounts receivable | 41 | €69,098 | €129,765 | +€60,667 | +87.8% |
| Cash at bank and in hand | 54/58 | €110,277 | €53,021 | -€57,257 | -51.9% |
| Deferred charges and accrued income | 490/1 | €1,508 | €1,661 | +€153 | +10.2% |
| Total equity and liabilities | 10/49 | €219,617 | €219,672 | +€55 | 0.0% |
| Equity | 10/15 | €166,165 | €167,491 | +€1,326 | +0.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €161,165 | €162,491 | +€1,326 | +0.8% |
| Distributable reserves | 133 | €161,165 | €162,491 | +€1,326 | +0.8% |
| Amounts payable | 17/49 | €53,451 | €52,181 | -€1,270 | -2.4% |
| Amounts payable within one year | 42/48 | €53,451 | €52,181 | -€1,270 | -2.4% |
| Financial debts | 43 | €3,113 | €908 | -€2,205 | -70.8% |
| Credit institutions | 430/8 | €3,113 | €908 | -€2,205 | -70.8% |
| Trade debts | 44 | €1,890 | €7,905 | +€6,014 | +318.1% |
| Suppliers | 440/4 | €1,890 | €7,905 | +€6,014 | +318.1% |
| Taxes, remuneration and social security | 45 | €48,448 | €43,368 | -€5,079 | -10.5% |
| Taxes | 450/3 | €48,448 | €43,368 | -€5,079 | -10.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €412 | €2,003 | +€1,591 | +386.2% |
| Other operating charges | 640/8 | €155 | €169 | +€14 | +8.8% |
| Gross operating margin | 9900 | €161,903 | €1,376 | -€160,527 | -99.1% |
| Operating profit (loss) | 9901 | €161,336 | -€795 | -€162,132 | |
| Financial income | 75/76B | €2,330 | €5,236 | +€2,906 | +124.7% |
| Recurring financial income | 75 | €2,330 | €5,236 | +€2,906 | +124.7% |
| Financial charges | 65/66B | €1,743 | €1,496 | -€247 | -14.2% |
| Recurring financial charges | 65 | €1,743 | €1,496 | -€247 | -14.2% |
| Profit (loss) for the period before taxes | 9903 | €161,923 | €2,945 | -€158,978 | -98.2% |
| Income taxes | 67/77 | €38,774 | €1,619 | -€37,155 | -95.8% |
| Profit (loss) for the period | 9904 | €123,149 | €1,326 | -€121,823 | -98.9% |
| Profit (loss) for the period to be appropriated | 9905 | €123,149 | €1,326 | -€121,823 | -98.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.