WF 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.
WF Consult
Largest movements
- Tangible fixed assets -€25,316
down €25,316 (-18.0%), from €140,811 to €115,495
of which Furniture and vehicles: -€18,934
- Cash -€16,695
down €16,695 (-62.9%), from €26,540 to €9,846
mainly Debts after one year (-€25,673) and Other debts (-€13,991)
- Debts after one year -€25,673
down €25,673 (-36.7%), from €69,954 to €44,282
- Other debts -€13,991
down €13,991 (-74.3%), from €18,835 to €4,844
- Advances received -€7,403
no longer reported in 2025 (was €7,403)
- Reserves +€7,077
up €7,077 (+148.0%), from €4,781 to €11,858
- Gross operating margin -€8,569
down €8,569 (-17.3%), from €49,599 to €41,029
- Depreciation +€3,566
up €3,566 (+16.4%), from €21,750 to €25,316
- Financial charges -€1,123
down €1,123 (-34.1%), from €3,294 to €2,170
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 | €168,691 | €127,059 | -€41,632 | -24.7% |
| Fixed assets | 21/28 | €140,811 | €115,495 | -€25,316 | -18.0% |
| Tangible fixed assets | 22/27 | €140,811 | €115,495 | -€25,316 | -18.0% |
| Land and buildings | 22 | €68,722 | €64,722 | -€4,000 | -5.8% |
| Plant, machinery and equipment | 23 | €11,606 | €9,224 | -€2,382 | -20.5% |
| Furniture and vehicles | 24 | €60,482 | €41,549 | -€18,934 | -31.3% |
| Current assets | 29/58 | €27,880 | €11,564 | -€16,316 | -58.5% |
| Cash at bank and in hand | 54/58 | €26,540 | €9,846 | -€16,695 | -62.9% |
| Deferred charges and accrued income | 490/1 | €1,340 | €1,718 | +€379 | +28.3% |
| Total equity and liabilities | 10/49 | €168,691 | €127,059 | -€41,632 | -24.7% |
| Equity | 10/15 | €34,781 | €41,858 | +€7,077 | +20.3% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €4,781 | €11,858 | +€7,077 | +148.0% |
| Distributable reserves | 133 | €4,781 | €11,858 | +€7,077 | +148.0% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €133,910 | €85,201 | -€48,709 | -36.4% |
| Amounts payable after more than one year | 17 | €69,954 | €44,282 | -€25,673 | -36.7% |
| Financial debts | 170/4 | €69,954 | €44,282 | -€25,673 | -36.7% |
| Amounts payable within one year | 42/48 | €62,707 | €39,808 | -€22,899 | -36.5% |
| Current portion of amounts payable after more than one year | 42 | €24,923 | €25,673 | +€750 | +3.0% |
| Trade debts | 44 | €4,238 | €3,012 | -€1,226 | -28.9% |
| Suppliers | 440/4 | €4,238 | €3,012 | -€1,226 | -28.9% |
| Advances received on contracts in progress | 46 | €7,403 | - | -€7,403 | |
| Taxes, remuneration and social security | 45 | €7,308 | €6,279 | -€1,029 | -14.1% |
| Taxes | 450/3 | €7,308 | €6,279 | -€1,029 | -14.1% |
| Other amounts payable | 47/48 | €18,835 | €4,844 | -€13,991 | -74.3% |
| Accrued charges and deferred income | 492/3 | €1,249 | €1,112 | -€137 | -11.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,750 | €25,316 | +€3,566 | +16.4% |
| Other operating charges | 640/8 | €2,281 | €2,583 | +€302 | +13.3% |
| Gross operating margin | 9900 | €49,599 | €41,029 | -€8,569 | -17.3% |
| Operating profit (loss) | 9901 | €25,568 | €13,131 | -€12,437 | -48.6% |
| Financial charges | 65/66B | €3,294 | €2,170 | -€1,123 | -34.1% |
| Recurring financial charges | 65 | €3,294 | €2,170 | -€1,123 | -34.1% |
| Profit (loss) for the period before taxes | 9903 | €22,274 | €10,960 | -€11,314 | -50.8% |
| Income taxes | 67/77 | €4,155 | €3,883 | -€272 | -6.5% |
| Profit (loss) for the period | 9904 | €18,119 | €7,077 | -€11,042 | -60.9% |
| Profit (loss) for the period to be appropriated | 9905 | €18,119 | €7,077 | -€11,042 | -60.9% |
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.