MWS Consult: 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.
MWS Consult
Largest movements
- Cash -€146,224
down €146,224 (-92.7%), from €157,705 to €11,481
mainly Other debts (-€120,000) and Contributions, distributions and other (-€50,000)
- Receivables within one year +€19,469
up €19,469 (+96.5%), from €20,171 to €39,640
of which Trade receivables: +€20,199
- Tangible fixed assets -€11,911
down €11,911 (-18.3%), from €65,096 to €53,185
- Other debts -€120,000
down €120,000 (-70.6%), from €170,000 to €50,000
- Debts after one year -€10,960
down €10,960 (-24.8%), from €44,165 to €33,205
- Trade debts -€9,153
down €9,153 (-77.6%), from €11,802 to €2,649
- Tax, wage and social debts +€3,231
up €3,231 (+50.2%), from €6,435 to €9,666
- Depreciation +€12,490
up €12,490 (+1,436%), from €870 to €13,359
- Gross operating margin +€8,747
up €8,747 (+12.4%), from €70,703 to €79,450
- Other operating charges -€2,700
down €2,700 (-81.8%), from €3,302 to €603
- Financial income -€1,307
down €1,307 (-93.6%), from €1,396 to €89
- Financial charges +€836
up €836 (+81.5%), from €1,026 to €1,861
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 | €244,642 | €107,635 | -€137,006 | -56.0% |
| Fixed assets | 21/28 | €65,096 | €53,185 | -€11,911 | -18.3% |
| Tangible fixed assets | 22/27 | €65,096 | €53,185 | -€11,911 | -18.3% |
| Furniture and vehicles | 24 | €65,096 | €53,185 | -€11,911 | -18.3% |
| Current assets | 29/58 | €179,546 | €54,451 | -€125,095 | -69.7% |
| Amounts receivable within one year | 40/41 | €20,171 | €39,640 | +€19,469 | +96.5% |
| Trade receivables | 40 | €19,441 | €39,640 | +€20,199 | +104% |
| Other amounts receivable | 41 | €730 | - | -€730 | |
| Cash at bank and in hand | 54/58 | €157,705 | €11,481 | -€146,224 | -92.7% |
| Deferred charges and accrued income | 490/1 | €1,670 | €3,330 | +€1,660 | +99.4% |
| Total equity and liabilities | 10/49 | €244,642 | €107,635 | -€137,006 | -56.0% |
| Equity | 10/15 | €1,653 | €1,154 | -€499 | -30.2% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Contributions outside capital | 11 | €1,000 | €1,000 | = | 0.0% |
| Other | 1109/19 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €653 | €154 | -€499 | -76.4% |
| Amounts payable | 17/49 | €242,989 | €106,481 | -€136,508 | -56.2% |
| Amounts payable after more than one year | 17 | €44,165 | €33,205 | -€10,960 | -24.8% |
| Financial debts | 170/4 | €44,165 | €33,205 | -€10,960 | -24.8% |
| Amounts payable within one year | 42/48 | €198,823 | €73,276 | -€125,547 | -63.1% |
| Current portion of amounts payable after more than one year | 42 | €10,586 | €10,960 | +€374 | +3.5% |
| Trade debts | 44 | €11,802 | €2,649 | -€9,153 | -77.6% |
| Suppliers | 440/4 | €11,802 | €2,649 | -€9,153 | -77.6% |
| Taxes, remuneration and social security | 45 | €6,435 | €9,666 | +€3,231 | +50.2% |
| Taxes | 450/3 | €6,435 | €9,666 | +€3,231 | +50.2% |
| Other amounts payable | 47/48 | €170,000 | €50,000 | -€120,000 | -70.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €870 | €13,359 | +€12,490 | +1,436% |
| Other operating charges | 640/8 | €3,302 | €603 | -€2,700 | -81.8% |
| Gross operating margin | 9900 | €70,703 | €79,450 | +€8,747 | +12.4% |
| Operating profit (loss) | 9901 | €66,531 | €65,489 | -€1,043 | -1.6% |
| Financial income | 75/76B | €1,396 | €89 | -€1,307 | -93.6% |
| Recurring financial income | 75 | €1,396 | €89 | -€1,307 | -93.6% |
| Financial charges | 65/66B | €1,026 | €1,861 | +€836 | +81.5% |
| Recurring financial charges | 65 | €1,026 | €1,861 | +€836 | +81.5% |
| Profit (loss) for the period before taxes | 9903 | €66,902 | €63,716 | -€3,186 | -4.8% |
| Income taxes | 67/77 | €14,707 | €14,215 | -€492 | -3.3% |
| Profit (loss) for the period | 9904 | €52,195 | €49,501 | -€2,694 | -5.2% |
| Profit (loss) for the period to be appropriated | 9905 | €52,195 | €49,501 | -€2,694 | -5.2% |
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.