NW Consultancy: 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.
NW Consultancy
Largest movements
- Cash +€87,381
up €87,381 (+43.2%), from €202,106 to €289,487
mainly Net result for the year (+€100,650) and Receivables within one year (+€3,043)
- Deferred charges and accrued income +€4,715
up €4,715 (+465%), from €1,014 to €5,729
- Reserves +€100,650
up €100,650 (+48.0%), from €209,745 to €310,395
- Other debts -€10,000
no longer reported in 2025 (was €10,000)
- Financial income -€15,839
down €15,839 (-31.7%), from €49,901 to €34,062
- Taxes -€8,807
down €8,807 (-24.6%), from €35,815 to €27,007
- Gross operating margin -€6,889
down €6,889 (-5.7%), from €120,100 to €113,210
- Financial charges +€5,649
up €5,649 (+49.2%), from €11,489 to €17,138
- Depreciation +€2,082
up €2,082 (+2,011%), from €104 to €2,186
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 | €222,847 | €312,895 | +€90,048 | +40.4% |
| Fixed assets | 21/28 | €4,540 | €5,534 | +€994 | +21.9% |
| Tangible fixed assets | 22/27 | €4,540 | €5,534 | +€994 | +21.9% |
| Plant, machinery and equipment | 23 | €3,132 | €4,411 | +€1,279 | +40.8% |
| Furniture and vehicles | 24 | €1,408 | €1,123 | -€285 | -20.2% |
| Current assets | 29/58 | €218,308 | €307,361 | +€89,054 | +40.8% |
| Amounts receivable within one year | 40/41 | €15,189 | €12,145 | -€3,043 | -20.0% |
| Trade receivables | 40 | €15,189 | €12,145 | -€3,043 | -20.0% |
| Cash at bank and in hand | 54/58 | €202,106 | €289,487 | +€87,381 | +43.2% |
| Deferred charges and accrued income | 490/1 | €1,014 | €5,729 | +€4,715 | +465% |
| Total equity and liabilities | 10/49 | €222,847 | €312,895 | +€90,048 | +40.4% |
| Equity | 10/15 | €212,245 | €312,895 | +€100,650 | +47.4% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €209,745 | €310,395 | +€100,650 | +48.0% |
| Distributable reserves | 133 | €209,745 | €310,395 | +€100,650 | +48.0% |
| Amounts payable | 17/49 | €10,602 | - | -€10,602 | |
| Amounts payable within one year | 42/48 | €10,602 | - | -€10,602 | |
| Trade debts | 44 | €602 | - | -€602 | |
| Suppliers | 440/4 | €602 | - | -€602 | |
| Other amounts payable | 47/48 | €10,000 | - | -€10,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €104 | €2,186 | +€2,082 | +2,011% |
| Other operating charges | 640/8 | €287 | €291 | +€4 | +1.4% |
| Gross operating margin | 9900 | €120,100 | €113,210 | -€6,889 | -5.7% |
| Operating profit (loss) | 9901 | €119,709 | €110,734 | -€8,975 | -7.5% |
| Financial income | 75/76B | €49,901 | €34,062 | -€15,839 | -31.7% |
| Recurring financial income | 75 | €49,901 | €34,062 | -€15,839 | -31.7% |
| Financial charges | 65/66B | €11,489 | €17,138 | +€5,649 | +49.2% |
| Recurring financial charges | 65 | €11,489 | €17,138 | +€5,649 | +49.2% |
| Profit (loss) for the period before taxes | 9903 | €158,121 | €127,657 | -€30,464 | -19.3% |
| Income taxes | 67/77 | €35,815 | €27,007 | -€8,807 | -24.6% |
| Profit (loss) for the period | 9904 | €122,306 | €100,650 | -€21,656 | -17.7% |
| Profit (loss) for the period to be appropriated | 9905 | €122,306 | €100,650 | -€21,656 | -17.7% |
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 23 October 2026 via checked.be.