W & D 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.
W & D CONSULTING
Largest movements
- Current investments +€38,791
up €38,791 (+24.9%), from €155,690 to €194,482
- Tangible fixed assets -€20,157
down €20,157 (-6.5%), from €309,791 to €289,634
of which Land and buildings: -€11,649
- Receivables within one year +€8,309
up €8,309 (+61.5%), from €13,509 to €21,817
of which Trade receivables: +€8,690
- Reserves +€35,306
up €35,306 (+7.7%), from €455,765 to €491,071
- Debts after one year -€19,750
down €19,750 (-24.4%), from €80,792 to €61,042
- Tax, wage and social debts +€7,872
up €7,872 (+91.5%), from €8,604 to €16,476
- Gross operating margin +€17,612
up €17,612 (+31.5%), from €55,825 to €73,437
- Taxes +€4,743
up €4,743 (+45.6%), from €10,403 to €15,147
- Depreciation +€3,236
up €3,236 (+19.1%), from €16,921 to €20,157
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 | €586,675 | €609,626 | +€22,951 | +3.9% |
| Fixed assets | 21/28 | €309,791 | €289,634 | -€20,157 | -6.5% |
| Tangible fixed assets | 22/27 | €309,791 | €289,634 | -€20,157 | -6.5% |
| Land and buildings | 22 | €289,985 | €278,336 | -€11,649 | -4.0% |
| Plant, machinery and equipment | 23 | €1,176 | €278 | -€898 | -76.4% |
| Furniture and vehicles | 24 | €18,630 | €11,020 | -€7,610 | -40.8% |
| Current assets | 29/58 | €276,884 | €319,992 | +€43,108 | +15.6% |
| Amounts receivable within one year | 40/41 | €13,509 | €21,817 | +€8,309 | +61.5% |
| Trade receivables | 40 | €13,127 | €21,817 | +€8,690 | +66.2% |
| Other amounts receivable | 41 | €382 | €0 | -€382 | -100% |
| Current investments | 50/53 | €155,690 | €194,482 | +€38,791 | +24.9% |
| Cash at bank and in hand | 54/58 | €106,291 | €102,179 | -€4,112 | -3.9% |
| Deferred charges and accrued income | 490/1 | €1,394 | €1,514 | +€120 | +8.6% |
| Total equity and liabilities | 10/49 | €586,675 | €609,626 | +€22,951 | +3.9% |
| Equity | 10/15 | €474,365 | €509,671 | +€35,306 | +7.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €455,765 | €491,071 | +€35,306 | +7.7% |
| Distributable reserves | 133 | €455,765 | €491,071 | +€35,306 | +7.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €112,310 | €99,956 | -€12,355 | -11.0% |
| Amounts payable after more than one year | 17 | €80,792 | €61,042 | -€19,750 | -24.4% |
| Financial debts | 170/4 | €80,792 | €61,042 | -€19,750 | -24.4% |
| Amounts payable within one year | 42/48 | €31,518 | €38,913 | +€7,395 | +23.5% |
| Current portion of amounts payable after more than one year | 42 | €19,750 | €19,750 | = | 0.0% |
| Trade debts | 44 | €1,560 | €1,110 | -€451 | -28.9% |
| Suppliers | 440/4 | €1,560 | €1,110 | -€451 | -28.9% |
| Taxes, remuneration and social security | 45 | €8,604 | €16,476 | +€7,872 | +91.5% |
| Taxes | 450/3 | €8,604 | €16,476 | +€7,872 | +91.5% |
| Other amounts payable | 47/48 | €1,604 | €1,578 | -€26 | -1.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,921 | €20,157 | +€3,236 | +19.1% |
| Other operating charges | 640/8 | €828 | €544 | -€284 | -34.3% |
| Gross operating margin | 9900 | €55,825 | €73,437 | +€17,612 | +31.5% |
| Operating profit (loss) | 9901 | €38,076 | €52,736 | +€14,660 | +38.5% |
| Financial income | 75/76B | €1,825 | €2,403 | +€578 | +31.7% |
| Recurring financial income | 75 | €1,825 | €2,403 | +€578 | +31.7% |
| Financial charges | 65/66B | €4,571 | €3,854 | -€717 | -15.7% |
| Recurring financial charges | 65 | €4,571 | €3,854 | -€717 | -15.7% |
| Profit (loss) for the period before taxes | 9903 | €35,330 | €51,286 | +€15,956 | +45.2% |
| Income taxes | 67/77 | €10,403 | €15,147 | +€4,743 | +45.6% |
| Profit (loss) for the period | 9904 | €24,927 | €36,139 | +€11,212 | +45.0% |
| Profit (loss) for the period to be appropriated | 9905 | €24,927 | €36,139 | +€11,212 | +45.0% |
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 18 October 2026 via checked.be.