RWCONSULT: what changed
Two fiscal 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.
RWCONSULT
Largest movements
- Receivables within one year -€8,652
no longer reported in 2025 (was €8,652)
of which Trade receivables: -€6,939
- Cash +€6,417
up €6,417 (+11.0%), from €58,101 to €64,517
mainly Net result for the year (+€17,735) and Depreciation (+€11,899)
- Tangible fixed assets -€3,097
down €3,097 (-7.7%), from €40,033 to €36,936
of which Furniture and vehicles: -€9,172
- Other debts -€9,262
down €9,262 (-17.5%), from €52,927 to €43,665
- Tax, wage and social debts +€5,295
up €5,295 (+150.0%), from €3,530 to €8,825
- Trade debts -€1,100
no longer reported in 2025 (was €1,100)
- Gross operating margin +€4,688
up €4,688 (+14.5%), from €32,314 to €37,002
- Taxes +€2,157
up €2,157 (+45.0%), from €4,792 to €6,949
- Depreciation +€1,550
up €1,550 (+15.0%), from €10,349 to €11,899
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.
Cash bridge derived
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 | €106,803 | €101,471 | -€5,332 | -5.0% |
| Fixed assets | 21/28 | €40,033 | €36,936 | -€3,097 | -7.7% |
| Tangible fixed assets | 22/27 | €40,033 | €36,936 | -€3,097 | -7.7% |
| Plant, machinery and equipment | 23 | €147 | €6,222 | +€6,075 | +4133.2% |
| Furniture and vehicles | 24 | €39,886 | €30,714 | -€9,172 | -23.0% |
| Current assets | 29/58 | €66,770 | €64,535 | -€2,234 | -3.3% |
| Amounts receivable within one year | 40/41 | €8,652 | - | -€8,652 | |
| Trade receivables | 40 | €6,939 | - | -€6,939 | |
| Other amounts receivable | 41 | €1,712 | - | -€1,712 | |
| Cash at bank and in hand | 54/58 | €58,101 | €64,517 | +€6,417 | +11.0% |
| Deferred charges and accrued income | 490/1 | €17 | €18 | +€1 | +4.1% |
| Total equity and liabilities | 10/49 | €106,803 | €101,471 | -€5,332 | -5.0% |
| Equity | 10/15 | €49,246 | €48,982 | -€265 | -0.5% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Profit (loss) carried forward | 14 | €49,245 | €48,981 | -€265 | -0.5% |
| Amounts payable | 17/49 | €57,557 | €52,489 | -€5,067 | -8.8% |
| Amounts payable within one year | 42/48 | €57,557 | €52,489 | -€5,067 | -8.8% |
| Trade debts | 44 | €1,100 | - | -€1,100 | |
| Suppliers | 440/4 | €1,100 | - | -€1,100 | |
| Taxes, remuneration and social security | 45 | €3,530 | €8,825 | +€5,295 | +150.0% |
| Taxes | 450/3 | €3,530 | €8,825 | +€5,295 | +150.0% |
| Other amounts payable | 47/48 | €52,927 | €43,665 | -€9,262 | -17.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,349 | €11,899 | +€1,550 | +15.0% |
| Other operating charges | 640/8 | €333 | €341 | +€7 | +2.2% |
| Gross operating margin | 9900 | €32,314 | €37,002 | +€4,688 | +14.5% |
| Operating profit (loss) | 9901 | €21,631 | €24,762 | +€3,131 | +14.5% |
| Financial charges | 65/66B | €3 | €77 | +€74 | +2174.9% |
| Recurring financial charges | 65 | €3 | €77 | +€74 | +2174.9% |
| Profit (loss) for the period before taxes | 9903 | €21,628 | €24,685 | +€3,057 | +14.1% |
| Income taxes | 67/77 | €4,792 | €6,949 | +€2,157 | +45.0% |
| Profit (loss) for the period | 9904 | €16,836 | €17,735 | +€899 | +5.3% |
| Profit (loss) for the period to be appropriated | 9905 | €16,836 | €17,735 | +€899 | +5.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.