WARP CONSULT: 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.
WARP CONSULT
Largest movements
- Receivables within one year +€26,904
up €26,904 (+62.0%), from €43,410 to €70,315
of which Other amounts receivable: +€17,698
- Cash -€4,375
down €4,375 (-2.5%), from €175,880 to €171,504
mainly Contributions, distributions and other (-€30,000) and Receivables within one year (-€26,904)
- Reserves +€32,913
up €32,913 (+25.6%), from €128,666 to €161,578
of which Distributable reserves: +€34,773
- Other debts -€12,000
down €12,000 (-28.6%), from €42,000 to €30,000
- Gross operating margin -€11,104
down €11,104 (-12.2%), from €91,252 to €80,148
- Taxes +€4,502
up €4,502 (+39.7%), from €11,346 to €15,848
- Depreciation -€2,676
down €2,676 (-52.2%), from €5,128 to €2,452
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 | €223,096 | €244,421 | +€21,324 | +9.6% |
| Fixed assets | 21/28 | €3,806 | €2,602 | -€1,204 | -31.6% |
| Tangible fixed assets | 22/27 | €3,806 | €2,602 | -€1,204 | -31.6% |
| Furniture and vehicles | 24 | €3,806 | €2,602 | -€1,204 | -31.6% |
| Current assets | 29/58 | €219,290 | €241,819 | +€22,529 | +10.3% |
| Amounts receivable within one year | 40/41 | €43,410 | €70,315 | +€26,904 | +62.0% |
| Trade receivables | 40 | €35,250 | €44,456 | +€9,206 | +26.1% |
| Other amounts receivable | 41 | €8,160 | €25,858 | +€17,698 | +216.9% |
| Cash at bank and in hand | 54/58 | €175,880 | €171,504 | -€4,375 | -2.5% |
| Total equity and liabilities | 10/49 | €223,096 | €244,421 | +€21,324 | +9.6% |
| Equity | 10/15 | €170,831 | €203,743 | +€32,913 | +19.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €128,666 | €161,578 | +€32,913 | +25.6% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €126,806 | €161,578 | +€34,773 | +27.4% |
| Profit (loss) carried forward | 14 | €35,965 | €35,965 | = | 0.0% |
| Amounts payable | 17/49 | €52,266 | €40,677 | -€11,588 | -22.2% |
| Amounts payable within one year | 42/48 | €52,266 | €40,677 | -€11,588 | -22.2% |
| Trade debts | 44 | €1,451 | €1,104 | -€347 | -23.9% |
| Suppliers | 440/4 | €1,451 | €1,104 | -€347 | -23.9% |
| Taxes, remuneration and social security | 45 | €8,815 | €9,573 | +€758 | +8.6% |
| Taxes | 450/3 | €8,815 | €9,573 | +€758 | +8.6% |
| Other amounts payable | 47/48 | €42,000 | €30,000 | -€12,000 | -28.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,128 | €2,452 | -€2,676 | -52.2% |
| Other operating charges | 640/8 | €936 | €750 | -€186 | -19.8% |
| Gross operating margin | 9900 | €91,252 | €80,148 | -€11,104 | -12.2% |
| Operating profit (loss) | 9901 | €85,188 | €76,945 | -€8,243 | -9.7% |
| Financial income | 75/76B | €1,378 | €2,020 | +€641 | +46.5% |
| Recurring financial income | 75 | €1,378 | €2,020 | +€641 | +46.5% |
| Financial charges | 65/66B | €186 | €204 | +€18 | +9.8% |
| Recurring financial charges | 65 | €186 | €204 | +€18 | +9.8% |
| Profit (loss) for the period before taxes | 9903 | €86,380 | €78,761 | -€7,620 | -8.8% |
| Income taxes | 67/77 | €11,346 | €15,848 | +€4,502 | +39.7% |
| Profit (loss) for the period | 9904 | €75,034 | €62,913 | -€12,122 | -16.2% |
| Profit (loss) for the period to be appropriated | 9905 | €75,034 | €62,913 | -€12,122 | -16.2% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.