T&W CONSULTING: 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.
T&W CONSULTING
Largest movements
- Cash -€125,328
down €125,328 (-32.5%), from €386,016 to €260,687
mainly Contributions, distributions and other (-€140,000) and Receivables within one year (-€86,732)
- Receivables within one year +€86,732
up €86,732 (+51.4%), from €168,874 to €255,606
of which Other amounts receivable: +€65,750
- Financial fixed assets +€27,222
new in 2025: €27,222
- Deferred charges and accrued income -€13,510
down €13,510 (-78.6%), from €17,199 to €3,688
- Reserves -€140,000
down €140,000 (-24.4%), from €574,376 to €434,376
- Other debts +€100,620
up €100,620 (+9,124%), from €1,103 to €101,723
- Profit (loss) carried forward +€6,336
up €6,336 (+21.9%), from -€28,960 to -€22,624
- Gross operating margin +€43,096
up €43,096, from -€31,647 to €11,449
- Financial income -€9,768
down €9,768 (-77.4%), from €12,618 to €2,850
- Other operating charges -€2,146
down €2,146 (-55.9%), from €3,835 to €1,689
- Financial charges +€995
up €995 (+24.8%), from €4,005 to €5,000
- Depreciation -€798
down €798 (-53.3%), from €1,495 to €698
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 | €572,933 | €547,352 | -€25,582 | -4.5% |
| Fixed assets | 21/28 | €845 | €27,369 | +€26,524 | +3,139% |
| Tangible fixed assets | 22/27 | €845 | €147 | -€698 | -82.6% |
| Furniture and vehicles | 24 | €845 | €147 | -€698 | -82.6% |
| Financial fixed assets | 28 | - | €27,222 | +€27,222 | |
| Current assets | 29/58 | €572,088 | €519,982 | -€52,106 | -9.1% |
| Amounts receivable within one year | 40/41 | €168,874 | €255,606 | +€86,732 | +51.4% |
| Trade receivables | 40 | €65,468 | €86,450 | +€20,982 | +32.0% |
| Other amounts receivable | 41 | €103,406 | €169,156 | +€65,750 | +63.6% |
| Cash at bank and in hand | 54/58 | €386,016 | €260,687 | -€125,328 | -32.5% |
| Deferred charges and accrued income | 490/1 | €17,199 | €3,688 | -€13,510 | -78.6% |
| Total equity and liabilities | 10/49 | €572,933 | €547,352 | -€25,582 | -4.5% |
| Equity | 10/15 | €564,016 | €430,352 | -€133,664 | -23.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €574,376 | €434,376 | -€140,000 | -24.4% |
| Distributable reserves | 133 | €574,376 | €434,376 | -€140,000 | -24.4% |
| Profit (loss) carried forward | 14 | -€28,960 | -€22,624 | +€6,336 | +21.9% |
| Amounts payable | 17/49 | €8,917 | €117,000 | +€108,083 | +1,212% |
| Amounts payable within one year | 42/48 | €8,455 | €116,822 | +€108,368 | +1,282% |
| Trade debts | 44 | €2,431 | €5,226 | +€2,795 | +115% |
| Suppliers | 440/4 | €2,431 | €5,226 | +€2,795 | +115% |
| Taxes, remuneration and social security | 45 | €4,921 | €9,874 | +€4,953 | +101% |
| Taxes | 450/3 | €4,921 | €9,874 | +€4,953 | +101% |
| Other amounts payable | 47/48 | €1,103 | €101,723 | +€100,620 | +9,124% |
| Accrued charges and deferred income | 492/3 | €463 | €177 | -€285 | -61.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,495 | €698 | -€798 | -53.3% |
| Other operating charges | 640/8 | €3,835 | €1,689 | -€2,146 | -55.9% |
| Gross operating margin | 9900 | -€31,647 | €11,449 | +€43,096 | |
| Operating profit (loss) | 9901 | -€36,977 | €9,062 | +€46,039 | |
| Financial income | 75/76B | €12,618 | €2,850 | -€9,768 | -77.4% |
| Recurring financial income | 75 | €12,618 | €2,850 | -€9,768 | -77.4% |
| Financial charges | 65/66B | €4,005 | €5,000 | +€995 | +24.8% |
| Recurring financial charges | 65 | €4,005 | €5,000 | +€995 | +24.8% |
| Profit (loss) for the period before taxes | 9903 | -€28,365 | €6,911 | +€35,276 | |
| Income taxes | 67/77 | €595 | €575 | -€20 | -3.3% |
| Profit (loss) for the period | 9904 | -€28,960 | €6,336 | +€35,296 | |
| Profit (loss) for the period to be appropriated | 9905 | -€28,960 | €6,336 | +€35,296 |
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 28 October 2026 via checked.be.