WA-MS 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.
WA-MS CONSULTING
Largest movements
- Intangible fixed assets -€9,462
down €9,462 (-20.7%), from €45,726 to €36,264
- Cash +€4,595
up €4,595 (+230%), from €2,001 to €6,596
mainly Depreciation (+€10,704) and Net result for the year (+€8,033)
- Deferred charges and accrued income -€999
down €999 (-12.0%), from €8,342 to €7,343
- Debts after one year -€9,989
down €9,989 (-26.1%), from €38,245 to €28,256
- Other debts +€3,324
up €3,324 (+64.2%), from €5,176 to €8,500
- Tax, wage and social debts +€2,468
up €2,468 (+147%), from €1,682 to €4,150
- Profit (loss) carried forward -€1,967
down €1,967 (-98.4%), from €1,999 to €32
- Current portion of long-term debt +€1,089
up €1,089 (+13.3%), from €8,198 to €9,287
- Gross operating margin +€8,129
up €8,129 (+47.5%), from €17,098 to €25,227
- Taxes +€1,763
up €1,763 (+208%), from €849 to €2,612
- Financial charges -€291
down €291 (-8.4%), from €3,450 to €3,159
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 | €58,519 | €52,907 | -€5,611 | -9.6% |
| Fixed assets | 21/28 | €48,176 | €38,968 | -€9,207 | -19.1% |
| Intangible fixed assets | 21 | €45,726 | €36,264 | -€9,462 | -20.7% |
| Tangible fixed assets | 22/27 | €2,450 | €2,705 | +€255 | +10.4% |
| Furniture and vehicles | 24 | €2,450 | €2,705 | +€255 | +10.4% |
| Current assets | 29/58 | €10,343 | €13,939 | +€3,596 | +34.8% |
| Cash at bank and in hand | 54/58 | €2,001 | €6,596 | +€4,595 | +230% |
| Deferred charges and accrued income | 490/1 | €8,342 | €7,343 | -€999 | -12.0% |
| Total equity and liabilities | 10/49 | €58,519 | €52,907 | -€5,611 | -9.6% |
| Equity | 10/15 | €4,499 | €2,532 | -€1,967 | -43.7% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,999 | €32 | -€1,967 | -98.4% |
| Amounts payable | 17/49 | €54,020 | €50,375 | -€3,644 | -6.7% |
| Amounts payable after more than one year | 17 | €38,245 | €28,256 | -€9,989 | -26.1% |
| Financial debts | 170/4 | €38,245 | €28,256 | -€9,989 | -26.1% |
| Amounts payable within one year | 42/48 | €15,775 | €22,119 | +€6,345 | +40.2% |
| Current portion of amounts payable after more than one year | 42 | €8,198 | €9,287 | +€1,089 | +13.3% |
| Trade debts | 44 | €719 | €182 | -€537 | -74.7% |
| Suppliers | 440/4 | €719 | €182 | -€537 | -74.7% |
| Taxes, remuneration and social security | 45 | €1,682 | €4,150 | +€2,468 | +147% |
| Taxes | 450/3 | €1,682 | €4,150 | +€2,468 | +147% |
| Other amounts payable | 47/48 | €5,176 | €8,500 | +€3,324 | +64.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,506 | €10,704 | +€198 | +1.9% |
| Other operating charges | 640/8 | €713 | €719 | +€6 | +0.8% |
| Gross operating margin | 9900 | €17,098 | €25,227 | +€8,129 | +47.5% |
| Operating profit (loss) | 9901 | €5,879 | €13,803 | +€7,925 | +135% |
| Financial charges | 65/66B | €3,450 | €3,159 | -€291 | -8.4% |
| Recurring financial charges | 65 | €3,450 | €3,159 | -€291 | -8.4% |
| Profit (loss) for the period before taxes | 9903 | €2,429 | €10,645 | +€8,216 | +338% |
| Income taxes | 67/77 | €849 | €2,612 | +€1,763 | +208% |
| Profit (loss) for the period | 9904 | €1,580 | €8,033 | +€6,453 | +408% |
| Profit (loss) for the period to be appropriated | 9905 | €1,580 | €8,033 | +€6,453 | +408% |
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 31 October 2026 via checked.be.