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WF ECONSULT: what changed

Two fiscal 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.

What changed

WF ECONSULT

BE 1011.455.028
NACE 70.200, Business and other management consultancy
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€18,151
2024 · €19,588-€1,437
Equity
€39,047
2024 · €21,729+€17,318
Cash
€19,725
2024 · €20,763-€1,038
Balance sheet total
€59,339
2024 · €48,144+€11,195

Largest movements

2024 to 2025
Assets
  • Financial fixed assets +€9,000

    up €9,000 (+100.0%), from €9,000 to €18,000

  • Tangible fixed assets +€5,797

    up €5,797 (+77.5%), from €7,482 to €13,279

  • Receivables within one year -€2,750

    down €2,750 (-25.2%), from €10,899 to €8,148

    of which Trade receivables: -€5,817

  • Cash -€1,038

    down €1,038 (-5.0%), from €20,763 to €19,725

    mainly Investment in fixed assets (net) (-€16,984) and Trade debts (-€8,045)

Equity and liabilities
  • Profit (loss) carried forward +€17,318

    up €17,318 (+92.5%), from €18,729 to €36,047

  • Trade debts -€8,045

    down €8,045 (-85.7%), from €9,389 to €1,343

  • Tax, wage and social debts +€2,067

    up €2,067 (+12.9%), from €16,049 to €18,116

    of which Taxes: +€2,067

Income statement
  • Financial income +€5,086

    new in 2025: €5,086

  • Gross operating margin -€3,859

    down €3,859 (-15.4%), from €25,097 to €21,238

  • Depreciation +€2,100

    up €2,100 (+2422.5%), from €87 to €2,187

  • Other operating charges +€302

    up €302 (+74.5%), from €406 to €708

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €19,588
Gross operating margin -€3,859
Depreciation -€2,100
Other operating charges -€302
Financial income +€5,086
Financial charges -€39
Taxes -€222
Result 2025 €18,151

Cash bridge derived

cash 2024 to 2025

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.

From operations +€16,779
Investment -€16,984
Financing -€833
Cash 2024 €20,763
Net result for the year +€18,151
Depreciation +€2,187
Receivables within one year +€2,750
Deferred charges and accrued income -€187
Trade debts -€8,045
Tax, wage and social debts +€2,067
Other debts -€144
Investment in fixed assets (net) -€16,984
Contributions, distributions and other -€833
Cash 2025 €19,725
Every line side by side 37 lines
Line Code 2024 2025 Change %
Total assets 20/58 €48,144 €59,339 +€11,195 +23.3%
Fixed assets 21/28 €16,482 €31,279 +€14,797 +89.8%
Tangible fixed assets 22/27 €7,482 €13,279 +€5,797 +77.5%
Plant, machinery and equipment 23 - €873 +€873
Furniture and vehicles 24 €7,482 €10,003 +€2,521 +33.7%
Other tangible fixed assets 26 - €2,403 +€2,403
Financial fixed assets 28 €9,000 €18,000 +€9,000 +100.0%
Current assets 29/58 €31,662 €28,060 -€3,602 -11.4%
Amounts receivable within one year 40/41 €10,899 €8,148 -€2,750 -25.2%
Trade receivables 40 €10,899 €5,082 -€5,817 -53.4%
Other amounts receivable 41 - €3,066 +€3,066
Cash at bank and in hand 54/58 €20,763 €19,725 -€1,038 -5.0%
Deferred charges and accrued income 490/1 - €187 +€187
Total equity and liabilities 10/49 €48,144 €59,339 +€11,195 +23.3%
Equity 10/15 €21,729 €39,047 +€17,318 +79.7%
Contributions 10/11 €3,000 €3,000 = 0.0%
Profit (loss) carried forward 14 €18,729 €36,047 +€17,318 +92.5%
Amounts payable 17/49 €26,415 €20,292 -€6,123 -23.2%
Amounts payable within one year 42/48 €26,415 €20,292 -€6,123 -23.2%
Trade debts 44 €9,389 €1,343 -€8,045 -85.7%
Suppliers 440/4 €9,389 €1,343 -€8,045 -85.7%
Taxes, remuneration and social security 45 €16,049 €18,116 +€2,067 +12.9%
Taxes 450/3 €13,799 €15,866 +€2,067 +15.0%
Remuneration and social security 454/9 €2,250 €2,250 = 0.0%
Other amounts payable 47/48 €977 €833 -€144 -14.8%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €87 €2,187 +€2,100 +2422.5%
Other operating charges 640/8 €406 €708 +€302 +74.5%
Gross operating margin 9900 €25,097 €21,238 -€3,859 -15.4%
Operating profit (loss) 9901 €24,605 €18,343 -€6,262 -25.4%
Financial income 75/76B - €5,086 +€5,086
Recurring financial income 75 - €5,086 +€5,086
Financial charges 65/66B - €39 +€39
Recurring financial charges 65 - €39 +€39
Profit (loss) for the period before taxes 9903 €24,605 €23,390 -€1,215 -4.9%
Income taxes 67/77 €5,017 €5,239 +€222 +4.4%
Profit (loss) for the period 9904 €19,588 €18,151 -€1,437 -7.3%
Profit (loss) for the period to be appropriated 9905 €19,588 €18,151 -€1,437 -7.3%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.