MW CONSULT & CONSTRUCT: 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.
What changed
MW CONSULT & CONSTRUCT
NACE 52.241, Warehousing and support activities for transportation
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€74,809
2024 · -€213,096+€138,287
Equity
€390,751
2024 · €465,560-€74,809
Cash
€1,630
2024 · €40+€1,590
Balance sheet total
€2.2m
2024 · €2.3m-€87,139
Largest movements
Assets
- Tangible fixed assets -€63,522
down €63,522 (-8.5%), from €745,619 to €682,098
of which Land and buildings: -€59,565
- Receivables within one year -€23,961
down €23,961 (-25.4%), from €94,213 to €70,252
of which Trade receivables: -€21,293
Equity and liabilities
- Profit (loss) carried forward -€65,650
down €65,650 (-27.9%), from -€235,358 to -€301,008
- Debts after one year -€31,882
down €31,882 (-5.9%), from €544,292 to €512,410
Income statement
- Taxes -€48,837
down €48,837, from €33,837 to -€15,000
- Gross operating margin +€41,956
up €41,956, from -€37,854 to €4,102
- Depreciation -€32,848
down €32,848 (-34.1%), from €96,369 to €63,522
- Financial charges -€8,836
down €8,836 (-37.8%), from €23,359 to €14,523
- Staff costs -€5,018
down €5,018 (-25.8%), from €19,477 to €14,459
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.
Result 2024
-€213,096
Gross operating margin
+€41,956
Staff costs
+€5,018
Depreciation
+€32,848
Other operating charges
-€4,867
Financial charges
+€8,836
Taxes
+€48,837
Deferred taxes and other
+€5,659
Result 2025
-€74,809
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€34,893
Investment
+€1,998
Financing
-€35,300
Cash 2024
€40
From operations (derived)
+€34,893
Net result for the year
-€74,809
Depreciation
+€63,522
Stocks and contracts
+€123
Receivables within one year
+€23,961
Deferred charges and accrued income
-€874
Provisions
-€4,716
Trade debts
+€16,590
Other debts
+€21,069
Accrued charges and deferred income
-€9,973
Investment (derived)
+€1,998
Current investments
+€1,998
Financing
-€35,300
Debts after one year
-€31,882
Current portion of long-term debt
-€3,418
Cash 2025
€1,630
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,260,022 | €2,172,883 | -€87,139 | -3.9% |
| Fixed assets | 21/28 | €2,163,619 | €2,100,098 | -€63,522 | -2.9% |
| Intangible fixed assets | 21 | - | €0 | = | |
| Tangible fixed assets | 22/27 | €745,619 | €682,098 | -€63,522 | -8.5% |
| Land and buildings | 22 | €729,184 | €669,618 | -€59,565 | -8.2% |
| Furniture and vehicles | 24 | €2,719 | €2,719 | = | 0.0% |
| Leasing and similar rights | 25 | €13,717 | €9,761 | -€3,956 | -28.8% |
| Financial fixed assets | 28 | €1,418,000 | €1,418,000 | = | 0.0% |
| Current assets | 29/58 | €96,402 | €72,785 | -€23,617 | -24.5% |
| Stocks and contracts in progress | 3 | €123 | - | -€123 | |
| Stocks | 30/36 | €123 | - | -€123 | |
| Amounts receivable within one year | 40/41 | €94,213 | €70,252 | -€23,961 | -25.4% |
| Trade receivables | 40 | €90,239 | €68,945 | -€21,293 | -23.6% |
| Other amounts receivable | 41 | €3,974 | €1,307 | -€2,668 | -67.1% |
| Current investments | 50/53 | €1,998 | - | -€1,998 | |
| Cash at bank and in hand | 54/58 | €40 | €1,630 | +€1,590 | +3,985% |
| Deferred charges and accrued income | 490/1 | €29 | €903 | +€874 | +3,048% |
| Total equity and liabilities | 10/49 | €2,260,022 | €2,172,883 | -€87,139 | -3.9% |
| Equity | 10/15 | €465,560 | €390,751 | -€74,809 | -16.1% |
| Contributions | 10/11 | €115,000 | €115,000 | = | 0.0% |
| Reserves | 13 | €585,918 | €576,759 | -€9,159 | -1.6% |
| Non-distributable reserves | 130/1 | €11,500 | €11,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €11,500 | €11,500 | = | 0.0% |
| Tax-exempt reserves | 132 | €76,471 | €67,312 | -€9,159 | -12.0% |
| Distributable reserves | 133 | €497,947 | €497,947 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€235,358 | -€301,008 | -€65,650 | -27.9% |
| Provisions and deferred taxes | 16 | €15,092 | €10,375 | -€4,716 | -31.2% |
| Deferred taxes | 168 | €15,092 | €10,375 | -€4,716 | -31.2% |
| Amounts payable | 17/49 | €1,779,370 | €1,771,756 | -€7,614 | -0.4% |
| Amounts payable after more than one year | 17 | €544,292 | €512,410 | -€31,882 | -5.9% |
| Financial debts | 170/4 | €544,292 | €512,410 | -€31,882 | -5.9% |
| Amounts payable within one year | 42/48 | €1,225,106 | €1,259,347 | +€34,241 | +2.8% |
| Current portion of amounts payable after more than one year | 42 | €111,461 | €108,043 | -€3,418 | -3.1% |
| Trade debts | 44 | €2,072 | €18,662 | +€16,590 | +801% |
| Suppliers | 440/4 | €2,072 | €18,662 | +€16,590 | +801% |
| Taxes, remuneration and social security | 45 | €12,428 | €12,428 | = | 0.0% |
| Taxes | 450/3 | €12,428 | €12,428 | = | 0.0% |
| Other amounts payable | 47/48 | €1,099,145 | €1,120,214 | +€21,069 | +1.9% |
| Accrued charges and deferred income | 492/3 | €9,973 | €0 | -€9,973 | -100% |
| Remuneration, social security and pensions | 62 | €19,477 | €14,459 | -€5,018 | -25.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €96,369 | €63,522 | -€32,848 | -34.1% |
| Other operating charges | 640/8 | €1,257 | €6,124 | +€4,867 | +387% |
| Gross operating margin | 9900 | -€37,854 | €4,102 | +€41,956 | |
| Operating profit (loss) | 9901 | -€154,957 | -€80,002 | +€74,955 | +48.4% |
| Financial charges | 65/66B | €23,359 | €14,523 | -€8,836 | -37.8% |
| Recurring financial charges | 65 | €23,359 | €14,523 | -€8,836 | -37.8% |
| Profit (loss) for the period before taxes | 9903 | -€178,316 | -€94,525 | +€83,791 | +47.0% |
| Transfer from deferred taxes | 780 | - | €4,716 | +€4,716 | |
| Transfer to deferred taxes | 680 | €943 | - | -€943 | |
| Income taxes | 67/77 | €33,837 | -€15,000 | -€48,837 | |
| Profit (loss) for the period | 9904 | -€213,096 | -€74,809 | +€138,287 | +64.9% |
| Transfer from tax-exempt reserves | 789 | €0 | €9,159 | +€9,159 | |
| Transfer to tax-exempt reserves | 689 | €1,832 | - | -€1,832 | |
| Profit (loss) for the period to be appropriated | 9905 | -€214,928 | -€65,650 | +€149,278 | +69.5% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.