Wauters MDC Consultancy: what changed
Wauters MDC Consultancy
Largest movements
- Cash +€28,844
up €28,844 (+41.7%), from €69,133 to €97,978
mainly Net result for the year (+€24,748) and Depreciation (+€5,040)
- Receivables within one year -€3,630
down €3,630 (-21.1%), from €17,243 to €13,613
- Tangible fixed assets +€3,524
up €3,524 (+40.5%), from €8,702 to €12,226
of which Furniture and vehicles: +€4,027
- Reserves +€24,748
up €24,748 (+35.8%), from €69,076 to €93,823
- Trade debts +€2,112
up €2,112 (+1,260%), from €168 to €2,279
- Tax, wage and social debts +€1,879
up €1,879 (+14.8%), from €12,715 to €14,595
- Gross operating margin +€26,665
up €26,665, from -€3,606 to €23,059
- Financial income +€10,178
up €10,178 (+106%), from €9,565 to €19,743
- Taxes +€9,444
up €9,444 (+268%), from €3,523 to €12,967
- Depreciation +€1,672
up €1,672 (+49.7%), from €3,368 to €5,040
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €95,078 | €123,816 | +€28,739 | +30.2% |
| Fixed assets | 21/28 | €8,702 | €12,226 | +€3,524 | +40.5% |
| Tangible fixed assets | 22/27 | €8,702 | €12,226 | +€3,524 | +40.5% |
| Plant, machinery and equipment | 23 | €3,013 | €2,511 | -€502 | -16.7% |
| Furniture and vehicles | 24 | €5,689 | €9,715 | +€4,027 | +70.8% |
| Current assets | 29/58 | €86,376 | €111,590 | +€25,214 | +29.2% |
| Amounts receivable within one year | 40/41 | €17,243 | €13,613 | -€3,630 | -21.1% |
| Trade receivables | 40 | €17,243 | €13,613 | -€3,630 | -21.1% |
| Cash at bank and in hand | 54/58 | €69,133 | €97,978 | +€28,844 | +41.7% |
| Total equity and liabilities | 10/49 | €95,078 | €123,816 | +€28,739 | +30.2% |
| Equity | 10/15 | €75,061 | €99,808 | +€24,748 | +33.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €69,076 | €93,823 | +€24,748 | +35.8% |
| Distributable reserves | 133 | €69,076 | €93,823 | +€24,748 | +35.8% |
| Profit (loss) carried forward | 14 | -€215 | -€215 | = | 0.0% |
| Amounts payable | 17/49 | €20,017 | €24,008 | +€3,991 | +19.9% |
| Amounts payable within one year | 42/48 | €20,017 | €24,008 | +€3,991 | +19.9% |
| Trade debts | 44 | €168 | €2,279 | +€2,112 | +1,260% |
| Suppliers | 440/4 | €168 | €2,279 | +€2,112 | +1,260% |
| Taxes, remuneration and social security | 45 | €12,715 | €14,595 | +€1,879 | +14.8% |
| Taxes | 450/3 | €12,715 | €14,595 | +€1,879 | +14.8% |
| Other amounts payable | 47/48 | €7,135 | €7,135 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,368 | €5,040 | +€1,672 | +49.7% |
| Non-recurring operating charges | 66A | €204 | - | -€204 | |
| Gross operating margin | 9900 | -€3,606 | €23,059 | +€26,665 | |
| Operating profit (loss) | 9901 | -€7,178 | €18,018 | +€25,197 | |
| Financial income | 75/76B | €9,565 | €19,743 | +€10,178 | +106% |
| Recurring financial income | 75 | €9,565 | €10,150 | +€584 | +6.1% |
| Non-recurring financial income | 76B | €9,565 | €9,593 | +€28 | +0.3% |
| Financial charges | 65/66B | €46 | €46 | +€0 | 0.0% |
| Recurring financial charges | 65 | €46 | €46 | +€0 | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €2,341 | €37,715 | +€35,374 | +1,511% |
| Income taxes | 67/77 | €3,523 | €12,967 | +€9,444 | +268% |
| Profit (loss) for the period | 9904 | -€1,183 | €24,748 | +€25,931 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,183 | €24,748 | +€25,931 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.