JW 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.
JW Consult
Largest movements
- Cash +€53,954
up €53,954 (+25.1%), from €214,870 to €268,824
mainly Net result for the year (+€46,837) and Receivables within one year (+€10,364)
- Receivables within one year -€10,364
down €10,364 (-42.4%), from €24,429 to €14,066
of which Other amounts receivable: -€8,743
- Tangible fixed assets -€5,540
down €5,540 (-29.3%), from €18,921 to €13,382
of which Plant, machinery and equipment: -€3,186
- Reserves +€46,837
up €46,837 (+22.0%), from €212,604 to €259,441
- Other debts -€8,077
down €8,077 (-54.2%), from €14,910 to €6,833
- Gross operating margin +€36,371
up €36,371 (+91.7%), from €39,678 to €76,049
- Taxes +€11,173
up €11,173 (+101.2%), from €11,044 to €22,217
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 | €258,221 | €296,271 | +€38,051 | +14.7% |
| Fixed assets | 21/28 | €18,921 | €13,382 | -€5,540 | -29.3% |
| Tangible fixed assets | 22/27 | €18,921 | €13,382 | -€5,540 | -29.3% |
| Plant, machinery and equipment | 23 | €7,945 | €4,759 | -€3,186 | -40.1% |
| Furniture and vehicles | 24 | €988 | €527 | -€461 | -46.7% |
| Other tangible fixed assets | 26 | €9,988 | €8,096 | -€1,893 | -18.9% |
| Current assets | 29/58 | €239,299 | €282,890 | +€43,591 | +18.2% |
| Amounts receivable within one year | 40/41 | €24,429 | €14,066 | -€10,364 | -42.4% |
| Trade receivables | 40 | €11,398 | €9,777 | -€1,621 | -14.2% |
| Other amounts receivable | 41 | €13,032 | €4,289 | -€8,743 | -67.1% |
| Cash at bank and in hand | 54/58 | €214,870 | €268,824 | +€53,954 | +25.1% |
| Total equity and liabilities | 10/49 | €258,221 | €296,271 | +€38,051 | +14.7% |
| Equity | 10/15 | €231,204 | €278,041 | +€46,837 | +20.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €212,604 | €259,441 | +€46,837 | +22.0% |
| Distributable reserves | 133 | €212,604 | €259,441 | +€46,837 | +22.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €27,016 | €18,230 | -€8,786 | -32.5% |
| Amounts payable within one year | 42/48 | €27,016 | €17,230 | -€9,786 | -36.2% |
| Trade debts | 44 | €3,909 | €3,910 | +€2 | 0.0% |
| Suppliers | 440/4 | €3,909 | €3,910 | +€2 | 0.0% |
| Taxes, remuneration and social security | 45 | €8,198 | €6,487 | -€1,711 | -20.9% |
| Taxes | 450/3 | €8,198 | €6,487 | -€1,711 | -20.9% |
| Other amounts payable | 47/48 | €14,910 | €6,833 | -€8,077 | -54.2% |
| Accrued charges and deferred income | 492/3 | €0 | €1,000 | +€1,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,599 | €5,540 | -€59 | -1.0% |
| Other operating charges | 640/8 | €713 | €729 | +€16 | +2.2% |
| Gross operating margin | 9900 | €39,678 | €76,049 | +€36,371 | +91.7% |
| Operating profit (loss) | 9901 | €33,367 | €69,780 | +€36,414 | +109.1% |
| Financial income | 75/76B | €1,111 | €1,168 | +€57 | +5.1% |
| Recurring financial income | 75 | €1,111 | €1,168 | +€57 | +5.1% |
| Financial charges | 65/66B | €1,195 | €1,894 | +€699 | +58.5% |
| Recurring financial charges | 65 | €1,195 | €1,894 | +€699 | +58.5% |
| Profit (loss) for the period before taxes | 9903 | €33,283 | €69,054 | +€35,771 | +107.5% |
| Income taxes | 67/77 | €11,044 | €22,217 | +€11,173 | +101.2% |
| Profit (loss) for the period | 9904 | €22,238 | €46,837 | +€24,599 | +110.6% |
| Profit (loss) for the period to be appropriated | 9905 | €22,238 | €46,837 | +€24,599 | +110.6% |
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 6 October 2026 via checked.be.