KWConsulting: 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.
KWConsulting
Largest movements
- Tangible fixed assets +€15,904
up €15,904 (+246%), from €6,471 to €22,375
of which Plant, machinery and equipment: +€17,578
- Receivables within one year +€11,872
up €11,872 (+1,844%), from €644 to €12,516
- Cash +€7,207
up €7,207 (+10.3%), from €69,944 to €77,151
mainly Net result for the year (+€34,450) and Depreciation (+€2,249)
- Profit (loss) carried forward +€34,450
up €34,450 (+56.2%), from €61,323 to €95,773
- Gross operating margin +€5,740
up €5,740 (+13.8%), from €41,619 to €47,360
- Depreciation +€1,253
up €1,253 (+126%), from €996 to €2,249
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 | €77,775 | €112,043 | +€34,268 | +44.1% |
| Fixed assets | 21/28 | €6,471 | €22,375 | +€15,904 | +246% |
| Tangible fixed assets | 22/27 | €6,471 | €22,375 | +€15,904 | +246% |
| Plant, machinery and equipment | 23 | - | €17,578 | +€17,578 | |
| Furniture and vehicles | 24 | €6,471 | €4,797 | -€1,674 | -25.9% |
| Current assets | 29/58 | €71,304 | €89,668 | +€18,364 | +25.8% |
| Amounts receivable within one year | 40/41 | €644 | €12,516 | +€11,872 | +1,844% |
| Trade receivables | 40 | €644 | €12,516 | +€11,872 | +1,844% |
| Cash at bank and in hand | 54/58 | €69,944 | €77,151 | +€7,207 | +10.3% |
| Deferred charges and accrued income | 490/1 | €715 | - | -€715 | |
| Total equity and liabilities | 10/49 | €77,775 | €112,043 | +€34,268 | +44.1% |
| Equity | 10/15 | €64,323 | €98,773 | +€34,450 | +53.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €61,323 | €95,773 | +€34,450 | +56.2% |
| Amounts payable | 17/49 | €13,451 | €13,270 | -€181 | -1.3% |
| Amounts payable within one year | 42/48 | €13,451 | €12,769 | -€682 | -5.1% |
| Trade debts | 44 | €1,447 | €1,192 | -€255 | -17.6% |
| Suppliers | 440/4 | €1,447 | €1,192 | -€255 | -17.6% |
| Taxes, remuneration and social security | 45 | €12,004 | €11,577 | -€427 | -3.6% |
| Taxes | 450/3 | €9,425 | €9,000 | -€425 | -4.5% |
| Remuneration and social security | 454/9 | €2,579 | €2,577 | -€2 | -0.1% |
| Accrued charges and deferred income | 492/3 | - | €500 | +€500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €996 | €2,249 | +€1,253 | +126% |
| Other operating charges | 640/8 | €176 | €520 | +€344 | +195% |
| Gross operating margin | 9900 | €41,619 | €47,360 | +€5,740 | +13.8% |
| Operating profit (loss) | 9901 | €40,447 | €44,591 | +€4,144 | +10.2% |
| Financial charges | 65/66B | €39 | €40 | +€1 | +3.4% |
| Recurring financial charges | 65 | €39 | €40 | +€1 | +3.4% |
| Profit (loss) for the period before taxes | 9903 | €40,408 | €44,551 | +€4,143 | +10.3% |
| Income taxes | 67/77 | €10,003 | €10,101 | +€98 | +1.0% |
| Profit (loss) for the period | 9904 | €30,405 | €34,450 | +€4,045 | +13.3% |
| Profit (loss) for the period to be appropriated | 9905 | €30,405 | €34,450 | +€4,045 | +13.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.