WEST-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.
WEST-CONSULTANCY
Largest movements
- Tangible fixed assets +€26,827
up €26,827 (+22.0%), from €121,745 to €148,572
of which Furniture and vehicles: +€42,576
- Current portion of long-term debt -€22,028
no longer reported in 2025 (was €22,028)
- Profit (loss) carried forward +€20,158
up €20,158 (+37.4%), from -€53,836 to -€33,678
- Other debts +€15,860
up €15,860 (+2594.1%), from €611 to €16,472
- Tax, wage and social debts +€9,895
up €9,895 (+207.4%), from €4,771 to €14,666
- Trade debts +€3,244
up €3,244 (+425.5%), from €762 to €4,006
- Gross operating margin +€30,848
up €30,848 (+184.6%), from €16,707 to €47,555
- Depreciation +€4,652
up €4,652 (+24.6%), from €18,939 to €23,591
- Financial income +€1,242
up €1,242 (+828060.0%), from €0 to €1,242
- Financial charges +€762
up €762 (+33.8%), from €2,255 to €3,017
- Other operating charges -€565
down €565 (-28.4%), from €1,990 to €1,425
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.
Cash bridge derived
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 | €126,027 | €154,143 | +€28,116 | +22.3% |
| Fixed assets | 21/28 | €121,745 | €148,572 | +€26,827 | +22.0% |
| Tangible fixed assets | 22/27 | €121,745 | €148,572 | +€26,827 | +22.0% |
| Furniture and vehicles | 24 | €1,861 | €44,437 | +€42,576 | +2288.0% |
| Other tangible fixed assets | 26 | €119,884 | €104,135 | -€15,749 | -13.1% |
| Current assets | 29/58 | €4,283 | €5,571 | +€1,289 | +30.1% |
| Amounts receivable within one year | 40/41 | €3,776 | €4,397 | +€621 | +16.5% |
| Trade receivables | 40 | €3,776 | €3,776 | = | 0.0% |
| Other amounts receivable | 41 | - | €621 | +€621 | |
| Cash at bank and in hand | 54/58 | €72 | €103 | +€31 | +42.8% |
| Deferred charges and accrued income | 490/1 | €435 | €1,072 | +€637 | +146.4% |
| Total equity and liabilities | 10/49 | €126,027 | €154,143 | +€28,116 | +22.3% |
| Equity | 10/15 | -€35,236 | -€15,078 | +€20,158 | +57.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€53,836 | -€33,678 | +€20,158 | +37.4% |
| Amounts payable | 17/49 | €161,264 | €169,222 | +€7,958 | +4.9% |
| Amounts payable after more than one year | 17 | €133,091 | €134,078 | +€986 | +0.7% |
| Financial debts | 170/4 | €133,091 | €134,078 | +€986 | +0.7% |
| Amounts payable within one year | 42/48 | €28,172 | €35,144 | +€6,972 | +24.7% |
| Current portion of amounts payable after more than one year | 42 | €22,028 | - | -€22,028 | |
| Trade debts | 44 | €762 | €4,006 | +€3,244 | +425.5% |
| Suppliers | 440/4 | €762 | €4,006 | +€3,244 | +425.5% |
| Taxes, remuneration and social security | 45 | €4,771 | €14,666 | +€9,895 | +207.4% |
| Taxes | 450/3 | €4,771 | €14,666 | +€9,895 | +207.4% |
| Other amounts payable | 47/48 | €611 | €16,472 | +€15,860 | +2594.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,939 | €23,591 | +€4,652 | +24.6% |
| Other operating charges | 640/8 | €1,990 | €1,425 | -€565 | -28.4% |
| Non-recurring operating charges | 66A | - | €361 | +€361 | |
| Gross operating margin | 9900 | €16,707 | €47,555 | +€30,848 | +184.6% |
| Operating profit (loss) | 9901 | -€4,222 | €22,178 | +€26,400 | |
| Financial income | 75/76B | €0 | €1,242 | +€1,242 | +828060.0% |
| Recurring financial income | 75 | €0 | €1,242 | +€1,242 | +828060.0% |
| Financial charges | 65/66B | €2,255 | €3,017 | +€762 | +33.8% |
| Recurring financial charges | 65 | €2,255 | €3,017 | +€762 | +33.8% |
| Profit (loss) for the period before taxes | 9903 | -€6,477 | €20,403 | +€26,880 | |
| Income taxes | 67/77 | €297 | €245 | -€52 | -17.4% |
| Profit (loss) for the period | 9904 | -€6,774 | €20,158 | +€26,932 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,774 | €20,158 | +€26,932 |
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 9 October 2026 via checked.be.