WEXAM CONSULTING: 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.
WEXAM CONSULTING
Largest movements
- Current investments -€40,799
down €40,799 (-38.2%), from €106,833 to €66,034
- Receivables within one year -€21,342
down €21,342 (-46.8%), from €45,560 to €24,218
of which Trade receivables: -€17,374
- Receivables after one year -€21,200
down €21,200 (-100%), from €21,200 to €0
- Cash -€16,267
down €16,267 (-76.5%), from €21,275 to €5,008
mainly Net result for the year (-€101,833) and Investment in fixed assets (net) (-€7,703)
- Reserves -€101,833
down €101,833 (-47.1%), from €216,419 to €114,585
- Gross operating margin -€70,934
down €70,934 (-353%), from -€20,080 to -€91,014
- Depreciation -€8,374
down €8,374 (-46.1%), from €18,174 to €9,800
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 | €219,346 | €118,687 | -€100,659 | -45.9% |
| Fixed assets | 21/28 | €23,005 | €20,908 | -€2,097 | -9.1% |
| Tangible fixed assets | 22/27 | €23,005 | €20,908 | -€2,097 | -9.1% |
| Plant, machinery and equipment | 23 | €18,438 | €20,908 | +€2,470 | +13.4% |
| Furniture and vehicles | 24 | €4,567 | €0 | -€4,567 | -100% |
| Current assets | 29/58 | €196,342 | €97,779 | -€98,562 | -50.2% |
| Amounts receivable after more than one year | 29 | €21,200 | €0 | -€21,200 | -100% |
| Other amounts receivable | 291 | €21,200 | €0 | -€21,200 | -100% |
| Amounts receivable within one year | 40/41 | €45,560 | €24,218 | -€21,342 | -46.8% |
| Trade receivables | 40 | €20,299 | €2,925 | -€17,374 | -85.6% |
| Other amounts receivable | 41 | €25,260 | €21,292 | -€3,968 | -15.7% |
| Current investments | 50/53 | €106,833 | €66,034 | -€40,799 | -38.2% |
| Cash at bank and in hand | 54/58 | €21,275 | €5,008 | -€16,267 | -76.5% |
| Deferred charges and accrued income | 490/1 | €1,473 | €2,519 | +€1,046 | +71.0% |
| Total equity and liabilities | 10/49 | €219,346 | €118,687 | -€100,659 | -45.9% |
| Equity | 10/15 | €217,419 | €115,585 | -€101,833 | -46.8% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €216,419 | €114,585 | -€101,833 | -47.1% |
| Distributable reserves | 133 | €216,419 | €114,585 | -€101,833 | -47.1% |
| Amounts payable | 17/49 | €1,928 | €3,102 | +€1,174 | +60.9% |
| Amounts payable within one year | 42/48 | €1,928 | €3,102 | +€1,174 | +60.9% |
| Financial debts | 43 | - | €1,542 | +€1,542 | |
| Credit institutions | 430/8 | - | €1,542 | +€1,542 | |
| Trade debts | 44 | €1,198 | €1,108 | -€89 | -7.5% |
| Suppliers | 440/4 | €1,198 | €1,108 | -€89 | -7.5% |
| Taxes, remuneration and social security | 45 | €730 | €452 | -€279 | -38.2% |
| Taxes | 450/3 | €730 | €452 | -€279 | -38.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,174 | €9,800 | -€8,374 | -46.1% |
| Other operating charges | 640/8 | €306 | €1,072 | +€765 | +250% |
| Gross operating margin | 9900 | -€20,080 | -€91,014 | -€70,934 | -353% |
| Operating profit (loss) | 9901 | -€38,560 | -€101,886 | -€63,326 | -164% |
| Financial income | 75/76B | €1,482 | €1,381 | -€101 | -6.8% |
| Recurring financial income | 75 | €1,482 | €1,381 | -€101 | -6.8% |
| Financial charges | 65/66B | €461 | €758 | +€297 | +64.4% |
| Recurring financial charges | 65 | €461 | €758 | +€297 | +64.4% |
| Profit (loss) for the period before taxes | 9903 | -€37,539 | -€101,262 | -€63,723 | -170% |
| Income taxes | 67/77 | €730 | €571 | -€159 | -21.8% |
| Profit (loss) for the period | 9904 | -€38,270 | -€101,833 | -€63,564 | -166% |
| Profit (loss) for the period to be appropriated | 9905 | -€38,270 | -€101,833 | -€63,564 | -166% |
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 28 October 2026 via checked.be.