Gwen Consult: what changed
What changed
Gwen Consult
NACE 70.200, Business and other management consultancy
filed annual accounts (NBB)
Net result for the year
€11,038
2024 · -€4,257+€15,296
Equity
€89,893
2024 · €144,738-€54,845
Cash
-
not filed
Balance sheet total
€131,247
2024 · €175,302-€44,055
Largest movements
Assets
- Receivables within one year -€39,891
down €39,891 (-24.0%), from €166,109 to €126,218
of which Other amounts receivable: -€53,927
- Tangible fixed assets -€4,246
down €4,246 (-46.5%), from €9,133 to €4,887
Equity and liabilities
- Reserves -€54,845
down €54,845 (-40.2%), from €136,596 to €81,750
of which Distributable reserves: -€54,845
- Tax, wage and social debts +€12,348
up €12,348 (+3,941%), from €313 to €12,662
- Debts after one year -€3,841
down €3,841 (-77.8%), from €4,935 to €1,094
Income statement
- Purchases and services -€19,787
down €19,787 (-27.3%), from €72,473 to €52,686
- Gross operating margin +€14,163
up €14,163 (+545%), from €2,600 to €16,763
- Financial income +€6,317
up €6,317 (+14,047%), from €45 to €6,362
- Taxes +€5,013
new in 2025: €5,013
- Financial charges +€662
up €662 (+43.7%), from €1,514 to €2,176
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€4,257
Gross operating margin
+€14,163
Depreciation
+€214
Other operating charges
+€277
Financial income
+€6,317
Financial charges
-€662
Taxes
-€5,013
Result 2025
€11,038
raises the resultlowers the result
Derived cash bridge
Cash or the result is not a separate line in both sets of accounts. So the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €175,302 | €131,247 | -€44,055 | -25.1% |
| Fixed assets | 21/28 | €9,133 | €4,887 | -€4,246 | -46.5% |
| Tangible fixed assets | 22/27 | €9,133 | €4,887 | -€4,246 | -46.5% |
| Furniture and vehicles | 24 | €9,133 | €4,887 | -€4,246 | -46.5% |
| Current assets | 29/58 | €166,169 | €126,360 | -€39,809 | -24.0% |
| Amounts receivable within one year | 40/41 | €166,109 | €126,218 | -€39,891 | -24.0% |
| Trade receivables | 40 | €195 | €14,231 | +€14,036 | +7,198% |
| Other amounts receivable | 41 | €165,914 | €111,987 | -€53,927 | -32.5% |
| Deferred charges and accrued income | 490/1 | €60 | €142 | +€82 | +137% |
| Total equity and liabilities | 10/49 | €175,302 | €131,247 | -€44,055 | -25.1% |
| Equity | 10/15 | €144,738 | €89,893 | -€54,845 | -37.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Contributions outside capital | 11 | €12,400 | €12,400 | = | 0.0% |
| Other | 1109/19 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €136,596 | €81,750 | -€54,845 | -40.2% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €134,736 | €79,890 | -€54,845 | -40.7% |
| Profit (loss) carried forward | 14 | -€4,257 | -€4,257 | = | 0.0% |
| Amounts payable | 17/49 | €30,563 | €41,354 | +€10,790 | +35.3% |
| Amounts payable after more than one year | 17 | €4,935 | €1,094 | -€3,841 | -77.8% |
| Financial debts | 170/4 | €4,935 | €1,094 | -€3,841 | -77.8% |
| Amounts payable within one year | 42/48 | €25,629 | €40,260 | +€14,631 | +57.1% |
| Current portion of amounts payable after more than one year | 42 | €3,486 | €3,751 | +€265 | +7.6% |
| Financial debts | 43 | €9,860 | €10,946 | +€1,086 | +11.0% |
| Credit institutions | 430/8 | €9,860 | €10,946 | +€1,086 | +11.0% |
| Trade debts | 44 | €1,969 | €2,902 | +€933 | +47.4% |
| Suppliers | 440/4 | €1,969 | €2,902 | +€933 | +47.4% |
| Taxes, remuneration and social security | 45 | €313 | €12,662 | +€12,348 | +3,941% |
| Taxes | 450/3 | €313 | €12,662 | +€12,348 | +3,941% |
| Other amounts payable | 47/48 | €10,000 | €10,000 | = | 0.0% |
| Non-recurring operating income | 76A | €6,612 | - | -€6,612 | |
| Goods, raw materials, services and sundry goods | 60/61 | €72,473 | €52,686 | -€19,787 | -27.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,460 | €4,246 | -€214 | -4.8% |
| Other operating charges | 640/8 | €929 | €652 | -€277 | -29.8% |
| Gross operating margin | 9900 | €2,600 | €16,763 | +€14,163 | +545% |
| Operating profit (loss) | 9901 | -€2,789 | €11,865 | +€14,654 | |
| Financial income | 75/76B | €45 | €6,362 | +€6,317 | +14,047% |
| Recurring financial income | 75 | €45 | €6,362 | +€6,317 | +14,047% |
| Financial charges | 65/66B | €1,514 | €2,176 | +€662 | +43.7% |
| Recurring financial charges | 65 | €1,514 | €2,176 | +€662 | +43.7% |
| Profit (loss) for the period before taxes | 9903 | -€4,257 | €16,051 | +€20,308 | |
| Income taxes | 67/77 | - | €5,013 | +€5,013 | |
| Profit (loss) for the period | 9904 | -€4,257 | €11,038 | +€15,296 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,257 | €11,038 | +€15,296 |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.