NWD Coaching: 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.
NWD Coaching
Largest movements
- Receivables after one year +€92,840
new in 2025: €92,840
- Receivables within one year -€52,212
down €52,212 (-72.5%), from €72,018 to €19,806
of which Other amounts receivable: -€29,650
- Cash +€43,505
up €43,505 (+69.3%), from €62,811 to €106,316
mainly Net result for the year (+€98,761) and Receivables within one year (+€52,212)
- Tangible fixed assets -€15,404
down €15,404 (-33.3%), from €46,297 to €30,893
- Reserves +€98,761
up €98,761 (+102%), from €97,189 to €195,951
- Tax, wage and social debts -€15,432
down €15,432 (-50.8%), from €30,373 to €14,941
- Debts after one year -€14,492
down €14,492 (-46.8%), from €30,935 to €16,443
- Gross operating margin +€9,278
up €9,278 (+6.5%), from €143,405 to €152,683
- Taxes -€4,850
down €4,850 (-12.1%), from €39,932 to €35,082
- Financial income +€2,233
up €2,233 (+12,983%), from €17 to €2,250
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 | €182,491 | €250,463 | +€67,972 | +37.2% |
| Fixed assets | 21/28 | €46,297 | €30,893 | -€15,404 | -33.3% |
| Tangible fixed assets | 22/27 | €46,297 | €30,893 | -€15,404 | -33.3% |
| Furniture and vehicles | 24 | €46,297 | €30,893 | -€15,404 | -33.3% |
| Current assets | 29/58 | €136,194 | €219,570 | +€83,376 | +61.2% |
| Amounts receivable after more than one year | 29 | - | €92,840 | +€92,840 | |
| Other amounts receivable | 291 | - | €92,840 | +€92,840 | |
| Amounts receivable within one year | 40/41 | €72,018 | €19,806 | -€52,212 | -72.5% |
| Trade receivables | 40 | €33,950 | €11,388 | -€22,562 | -66.5% |
| Other amounts receivable | 41 | €38,068 | €8,418 | -€29,650 | -77.9% |
| Cash at bank and in hand | 54/58 | €62,811 | €106,316 | +€43,505 | +69.3% |
| Deferred charges and accrued income | 490/1 | €1,365 | €607 | -€757 | -55.5% |
| Total equity and liabilities | 10/49 | €182,491 | €250,463 | +€67,972 | +37.2% |
| Equity | 10/15 | €100,189 | €198,951 | +€98,761 | +98.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €97,189 | €195,951 | +€98,761 | +102% |
| Distributable reserves | 133 | €97,189 | €195,951 | +€98,761 | +102% |
| Amounts payable | 17/49 | €82,302 | €51,512 | -€30,790 | -37.4% |
| Amounts payable after more than one year | 17 | €30,935 | €16,443 | -€14,492 | -46.8% |
| Financial debts | 170/4 | €30,935 | €16,443 | -€14,492 | -46.8% |
| Amounts payable within one year | 42/48 | €51,367 | €35,069 | -€16,298 | -31.7% |
| Current portion of amounts payable after more than one year | 42 | €13,862 | €14,492 | +€630 | +4.5% |
| Trade debts | 44 | €6,166 | €5,636 | -€530 | -8.6% |
| Suppliers | 440/4 | €6,166 | €5,636 | -€530 | -8.6% |
| Taxes, remuneration and social security | 45 | €30,373 | €14,941 | -€15,432 | -50.8% |
| Taxes | 450/3 | €30,373 | €14,941 | -€15,432 | -50.8% |
| Other amounts payable | 47/48 | €967 | €0 | -€967 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,404 | €15,404 | = | 0.0% |
| Other operating charges | 640/8 | €2,224 | €2,856 | +€632 | +28.4% |
| Gross operating margin | 9900 | €143,405 | €152,683 | +€9,278 | +6.5% |
| Operating profit (loss) | 9901 | €125,776 | €134,422 | +€8,646 | +6.9% |
| Financial income | 75/76B | €17 | €2,250 | +€2,233 | +12,983% |
| Recurring financial income | 75 | €17 | €2,250 | +€2,233 | +12,983% |
| Financial charges | 65/66B | €3,369 | €2,829 | -€539 | -16.0% |
| Recurring financial charges | 65 | €3,369 | €2,829 | -€539 | -16.0% |
| Profit (loss) for the period before taxes | 9903 | €122,425 | €133,843 | +€11,418 | +9.3% |
| Income taxes | 67/77 | €39,932 | €35,082 | -€4,850 | -12.1% |
| Profit (loss) for the period | 9904 | €82,493 | €98,761 | +€16,268 | +19.7% |
| Profit (loss) for the period to be appropriated | 9905 | €82,493 | €98,761 | +€16,268 | +19.7% |
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 25 October 2026 via checked.be.