Wave Consultancy: 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.
Wave Consultancy
Largest movements
- Cash +€14,986
up €14,986 (+132%), from €11,363 to €26,349
mainly Net result for the year (+€13,701) and Depreciation (+€8,354)
- Tangible fixed assets -€8,354
down €8,354 (-24.6%), from €33,912 to €25,558
of which Furniture and vehicles: -€7,512
- Receivables within one year +€656
up €656 (+6.5%), from €10,121 to €10,776
of which Other amounts receivable: +€696
- Reserves +€12,868
up €12,868 (+96.2%), from €13,380 to €26,248
- Debts after one year -€8,361
down €8,361 (-45.1%), from €18,528 to €10,167
- Tax, wage and social debts +€3,537
up €3,537 (+49.8%), from €7,098 to €10,634
- Depreciation +€1,148
up €1,148 (+15.9%), from €7,206 to €8,354
- Gross operating margin +€357
up €357 (+1.3%), from €27,294 to €27,651
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 | €57,629 | €65,355 | +€7,726 | +13.4% |
| Fixed assets | 21/28 | €33,912 | €25,558 | -€8,354 | -24.6% |
| Tangible fixed assets | 22/27 | €33,912 | €25,558 | -€8,354 | -24.6% |
| Plant, machinery and equipment | 23 | €3,083 | €2,241 | -€842 | -27.3% |
| Furniture and vehicles | 24 | €30,829 | €23,316 | -€7,512 | -24.4% |
| Current assets | 29/58 | €23,717 | €39,798 | +€16,081 | +67.8% |
| Amounts receivable within one year | 40/41 | €10,121 | €10,776 | +€656 | +6.5% |
| Trade receivables | 40 | €9,720 | €9,680 | -€40 | -0.4% |
| Other amounts receivable | 41 | €400 | €1,096 | +€696 | +174% |
| Cash at bank and in hand | 54/58 | €11,363 | €26,349 | +€14,986 | +132% |
| Deferred charges and accrued income | 490/1 | €2,233 | €2,673 | +€439 | +19.7% |
| Total equity and liabilities | 10/49 | €57,629 | €65,355 | +€7,726 | +13.4% |
| Equity | 10/15 | €18,380 | €31,248 | +€12,868 | +70.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €13,380 | €26,248 | +€12,868 | +96.2% |
| Distributable reserves | 133 | €13,380 | €26,248 | +€12,868 | +96.2% |
| Amounts payable | 17/49 | €39,249 | €34,107 | -€5,141 | -13.1% |
| Amounts payable after more than one year | 17 | €18,528 | €10,167 | -€8,361 | -45.1% |
| Financial debts | 170/4 | €18,528 | €10,167 | -€8,361 | -45.1% |
| Amounts payable within one year | 42/48 | €20,721 | €23,940 | +€3,219 | +15.5% |
| Current portion of amounts payable after more than one year | 42 | €8,047 | €8,361 | +€314 | +3.9% |
| Trade debts | 44 | €3,109 | €2,568 | -€541 | -17.4% |
| Suppliers | 440/4 | €3,109 | €2,568 | -€541 | -17.4% |
| Taxes, remuneration and social security | 45 | €7,098 | €10,634 | +€3,537 | +49.8% |
| Taxes | 450/3 | €7,098 | €10,634 | +€3,537 | +49.8% |
| Other amounts payable | 47/48 | €2,467 | €2,377 | -€90 | -3.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,206 | €8,354 | +€1,148 | +15.9% |
| Other operating charges | 640/8 | €126 | €208 | +€81 | +64.4% |
| Gross operating margin | 9900 | €27,294 | €27,651 | +€357 | +1.3% |
| Operating profit (loss) | 9901 | €19,962 | €19,090 | -€872 | -4.4% |
| Financial income | 75/76B | €10 | - | -€10 | |
| Recurring financial income | 75 | €10 | - | -€10 | |
| Financial charges | 65/66B | €1,159 | €1,049 | -€110 | -9.5% |
| Recurring financial charges | 65 | €1,159 | €1,049 | -€110 | -9.5% |
| Profit (loss) for the period before taxes | 9903 | €18,813 | €18,040 | -€772 | -4.1% |
| Income taxes | 67/77 | €4,600 | €4,339 | -€260 | -5.7% |
| Profit (loss) for the period | 9904 | €14,213 | €13,701 | -€512 | -3.6% |
| Profit (loss) for the period to be appropriated | 9905 | €14,213 | €13,701 | -€512 | -3.6% |
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 17 October 2026 via checked.be.