WEST CONSULT: 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.
WEST CONSULT
Largest movements
- Receivables within one year -€23,819
down €23,819 (-75.4%), from €31,597 to €7,777
of which Other amounts receivable: -€16,668
- Cash -€5,192
down €5,192 (-15.6%), from €33,365 to €28,174
mainly Debts after one year (-€18,736) and Contributions, distributions and other (-€17,976)
- Debts after one year -€18,736
down €18,736 (-18.2%), from €102,730 to €83,993
- Reserves -€12,865
down €12,865 (-32.4%), from €39,660 to €26,795
- Current portion of long-term debt +€9,425
new in 2026: €9,425
- Other debts -€7,355
down €7,355 (-98.1%), from €7,500 to €145
- Gross operating margin -€7,499
down €7,499 (-29.1%), from €25,792 to €18,293
- Other operating charges +€668
up €668 (+209%), from €320 to €988
- Depreciation +€657
up €657 (+11.1%), from €5,900 to €6,557
- Taxes +€458
up €458 (+12.5%), from €3,668 to €4,125
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €177,462 | €148,278 | -€29,184 | -16.4% |
| Fixed assets | 21/28 | €112,500 | €112,326 | -€173 | -0.2% |
| Tangible fixed assets | 22/27 | €112,500 | €112,326 | -€173 | -0.2% |
| Land and buildings | 22 | €112,500 | €109,303 | -€3,197 | -2.8% |
| Furniture and vehicles | 24 | - | €3,024 | +€3,024 | |
| Current assets | 29/58 | €64,962 | €35,951 | -€29,011 | -44.7% |
| Amounts receivable within one year | 40/41 | €31,597 | €7,777 | -€23,819 | -75.4% |
| Trade receivables | 40 | €14,907 | €7,756 | -€7,151 | -48.0% |
| Other amounts receivable | 41 | €16,689 | €21 | -€16,668 | -99.9% |
| Cash at bank and in hand | 54/58 | €33,365 | €28,174 | -€5,192 | -15.6% |
| Total equity and liabilities | 10/49 | €177,462 | €148,278 | -€29,184 | -16.4% |
| Equity | 10/15 | €58,252 | €45,387 | -€12,865 | -22.1% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €39,660 | €26,795 | -€12,865 | -32.4% |
| Distributable reserves | 133 | €39,660 | €26,795 | -€12,865 | -32.4% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €119,209 | €102,891 | -€16,319 | -13.7% |
| Amounts payable after more than one year | 17 | €102,730 | €83,993 | -€18,736 | -18.2% |
| Financial debts | 170/4 | €102,730 | €83,993 | -€18,736 | -18.2% |
| Amounts payable within one year | 42/48 | €16,480 | €18,897 | +€2,418 | +14.7% |
| Current portion of amounts payable after more than one year | 42 | - | €9,425 | +€9,425 | |
| Trade debts | 44 | €913 | €1,044 | +€132 | +14.5% |
| Suppliers | 440/4 | €913 | €1,044 | +€132 | +14.5% |
| Taxes, remuneration and social security | 45 | €8,067 | €8,283 | +€216 | +2.7% |
| Taxes | 450/3 | €8,067 | €8,283 | +€216 | +2.7% |
| Other amounts payable | 47/48 | €7,500 | €145 | -€7,355 | -98.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,900 | €6,557 | +€657 | +11.1% |
| Other operating charges | 640/8 | €320 | €988 | +€668 | +209% |
| Gross operating margin | 9900 | €25,792 | €18,293 | -€7,499 | -29.1% |
| Operating profit (loss) | 9901 | €19,572 | €10,748 | -€8,824 | -45.1% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €1,655 | €1,512 | -€143 | -8.6% |
| Recurring financial charges | 65 | €1,655 | €1,512 | -€143 | -8.6% |
| Profit (loss) for the period before taxes | 9903 | €17,917 | €9,236 | -€8,681 | -48.5% |
| Income taxes | 67/77 | €3,668 | €4,125 | +€458 | +12.5% |
| Profit (loss) for the period | 9904 | €14,249 | €5,110 | -€9,139 | -64.1% |
| Profit (loss) for the period to be appropriated | 9905 | €14,249 | €5,110 | -€9,139 | -64.1% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.