WEST & CO Consulting: what changed
WEST & CO Consulting
Largest movements
- Cash +€35,200
up €35,200 (+80.6%), from €43,648 to €78,848
mainly Other debts (+€55,178) and Net result for the year (+€44,474)
- Receivables within one year +€15,299
up €15,299 (+49.7%), from €30,810 to €46,109
of which Trade receivables: +€15,315
- Other debts +€55,178
new in 2025: €55,178
- Profit (loss) carried forward -€22,599
down €22,599 (-43.8%), from €51,570 to €28,971
- Tax, wage and social debts +€15,786
up €15,786 (+159%), from €9,939 to €25,725
- Trade debts +€1,274
up €1,274 (+112%), from €1,138 to €2,412
- Gross operating margin +€14,607
up €14,607 (+34.2%), from €42,760 to €57,367
- Financial income +€5,479
up €5,479 (+1,575%), from €348 to €5,827
of which Non-recurring financial income: +€5,202
- Taxes +€3,692
up €3,692 (+36.8%), from €10,043 to €13,735
- Financial charges +€3,396
up €3,396 (+2,374%), from €143 to €3,539
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 | €76,396 | €126,036 | +€49,640 | +65.0% |
| Formation expenses | 20 | €470 | €0 | -€470 | -100% |
| Fixed assets | 21/28 | €1,468 | €1,078 | -€390 | -26.5% |
| Tangible fixed assets | 22/27 | €1,468 | €1,078 | -€390 | -26.5% |
| Other tangible fixed assets | 26 | €1,468 | €1,078 | -€390 | -26.5% |
| Current assets | 29/58 | €74,459 | €124,958 | +€50,499 | +67.8% |
| Amounts receivable within one year | 40/41 | €30,810 | €46,109 | +€15,299 | +49.7% |
| Trade receivables | 40 | €30,794 | €46,109 | +€15,315 | +49.7% |
| Other amounts receivable | 41 | €16 | €0 | -€16 | -100% |
| Cash at bank and in hand | 54/58 | €43,648 | €78,848 | +€35,200 | +80.6% |
| Total equity and liabilities | 10/49 | €76,396 | €126,036 | +€49,640 | +65.0% |
| Equity | 10/15 | €65,320 | €42,721 | -€22,599 | -34.6% |
| Contributions | 10/11 | €12,500 | €12,500 | = | 0.0% |
| Contributions outside capital | 11 | €12,500 | - | -€12,500 | |
| Other | 1109/19 | €12,500 | - | -€12,500 | |
| Reserves | 13 | €1,250 | €1,250 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,250 | €1,250 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,250 | €1,250 | = | 0.0% |
| Profit (loss) carried forward | 14 | €51,570 | €28,971 | -€22,599 | -43.8% |
| Amounts payable | 17/49 | €11,077 | €83,315 | +€72,239 | +652% |
| Amounts payable within one year | 42/48 | €11,077 | €83,315 | +€72,239 | +652% |
| Trade debts | 44 | €1,138 | €2,412 | +€1,274 | +112% |
| Suppliers | 440/4 | €1,138 | €2,412 | +€1,274 | +112% |
| Taxes, remuneration and social security | 45 | €9,939 | €25,725 | +€15,786 | +159% |
| Taxes | 450/3 | €9,939 | €25,725 | +€15,786 | +159% |
| Other amounts payable | 47/48 | - | €55,178 | +€55,178 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €860 | €860 | = | 0.0% |
| Other operating charges | 640/8 | €845 | €587 | -€258 | -30.6% |
| Gross operating margin | 9900 | €42,760 | €57,367 | +€14,607 | +34.2% |
| Operating profit (loss) | 9901 | €41,055 | €55,921 | +€14,866 | +36.2% |
| Financial income | 75/76B | €348 | €5,827 | +€5,479 | +1,575% |
| Recurring financial income | 75 | €348 | €625 | +€277 | +79.7% |
| Non-recurring financial income | 76B | - | €5,202 | +€5,202 | |
| Financial charges | 65/66B | €143 | €3,539 | +€3,396 | +2,374% |
| Recurring financial charges | 65 | €143 | €3,539 | +€3,396 | +2,374% |
| Profit (loss) for the period before taxes | 9903 | €41,260 | €58,209 | +€16,949 | +41.1% |
| Income taxes | 67/77 | €10,043 | €13,735 | +€3,692 | +36.8% |
| Profit (loss) for the period | 9904 | €31,217 | €44,474 | +€13,257 | +42.5% |
| Profit (loss) for the period to be appropriated | 9905 | €31,217 | €44,474 | +€13,257 | +42.5% |
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.