Watts-Up 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.
Watts-Up Consulting
Largest movements
- Receivables after one year -€148,542
down €148,542 (-100%), from €148,542 to €0
- Financial fixed assets +€128,542
new in 2025: €128,542
- Receivables within one year +€37,566
up €37,566 (+577%), from €6,511 to €44,078
of which Trade receivables: +€35,324
- Current investments -€22,812
down €22,812 (-100%), from €22,812 to €0
- Tangible fixed assets -€5,113
down €5,113 (-14.1%), from €36,336 to €31,223
of which Other tangible fixed assets: -€3,510
- Other debts -€6,583
down €6,583 (-100%), from €6,583 to €0
- Gross operating margin +€18,769
up €18,769 (+95.1%), from -€19,729 to -€960
- Financial income -€17,761
down €17,761 (-79.5%), from €22,329 to €4,568
- Financial charges -€750
down €750 (-90.9%), from €825 to €75
- Depreciation +€475
up €475 (+10.2%), from €4,638 to €5,113
- Other operating charges -€403
down €403 (-50.2%), from €803 to €400
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 | €243,000 | €233,912 | -€9,088 | -3.7% |
| Fixed assets | 21/28 | €36,336 | €159,766 | +€123,430 | +340% |
| Tangible fixed assets | 22/27 | €36,336 | €31,223 | -€5,113 | -14.1% |
| Furniture and vehicles | 24 | €5,518 | €3,915 | -€1,602 | -29.0% |
| Other tangible fixed assets | 26 | €30,818 | €27,308 | -€3,510 | -11.4% |
| Financial fixed assets | 28 | - | €128,542 | +€128,542 | |
| Current assets | 29/58 | €206,665 | €74,146 | -€132,518 | -64.1% |
| Amounts receivable after more than one year | 29 | €148,542 | €0 | -€148,542 | -100% |
| Other amounts receivable | 291 | €148,542 | €0 | -€148,542 | -100% |
| Amounts receivable within one year | 40/41 | €6,511 | €44,078 | +€37,566 | +577% |
| Trade receivables | 40 | €6,292 | €41,616 | +€35,324 | +561% |
| Other amounts receivable | 41 | €219 | €2,462 | +€2,243 | +1,023% |
| Current investments | 50/53 | €22,812 | €0 | -€22,812 | -100% |
| Cash at bank and in hand | 54/58 | €28,730 | €29,959 | +€1,229 | +4.3% |
| Deferred charges and accrued income | 490/1 | €68 | €110 | +€41 | +60.3% |
| Total equity and liabilities | 10/49 | €243,000 | €233,912 | -€9,088 | -3.7% |
| Equity | 10/15 | €233,960 | €231,980 | -€1,980 | -0.8% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €235,626 | €235,626 | = | 0.0% |
| Distributable reserves | 133 | €235,626 | €235,626 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,666 | -€5,646 | -€1,980 | -54.0% |
| Amounts payable | 17/49 | €9,040 | €1,932 | -€7,109 | -78.6% |
| Amounts payable within one year | 42/48 | €8,460 | €1,932 | -€6,528 | -77.2% |
| Trade debts | 44 | €0 | €1,932 | +€1,932 | |
| Suppliers | 440/4 | €0 | €1,932 | +€1,932 | |
| Taxes, remuneration and social security | 45 | €1,877 | €0 | -€1,877 | -100% |
| Taxes | 450/3 | €1,877 | €0 | -€1,877 | -100% |
| Other amounts payable | 47/48 | €6,583 | €0 | -€6,583 | -100% |
| Accrued charges and deferred income | 492/3 | €581 | €0 | -€581 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,638 | €5,113 | +€475 | +10.2% |
| Other operating charges | 640/8 | €803 | €400 | -€403 | -50.2% |
| Gross operating margin | 9900 | -€19,729 | -€960 | +€18,769 | +95.1% |
| Operating profit (loss) | 9901 | -€25,170 | -€6,472 | +€18,698 | +74.3% |
| Financial income | 75/76B | €22,329 | €4,568 | -€17,761 | -79.5% |
| Recurring financial income | 75 | €22,329 | €4,568 | -€17,761 | -79.5% |
| Financial charges | 65/66B | €825 | €75 | -€750 | -90.9% |
| Recurring financial charges | 65 | €825 | €75 | -€750 | -90.9% |
| Profit (loss) for the period before taxes | 9903 | -€3,666 | -€1,980 | +€1,687 | +46.0% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€3,666 | -€1,980 | +€1,687 | +46.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,666 | -€1,980 | +€1,687 | +46.0% |
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 28 October 2026 via checked.be.