WGH 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.
WGH CONSULTING
Largest movements
- Cash -€22,499
down €22,499 (-61.5%), from €36,596 to €14,097
mainly Contributions, distributions and other (-€120,000) and Trade debts (-€12,788)
- Receivables after one year -€12,500
down €12,500 (-5.9%), from €212,500 to €200,000
- Tangible fixed assets -€10,252
down €10,252 (-21.4%), from €47,897 to €37,646
of which Furniture and vehicles: -€11,762
- Current investments +€7,192
up €7,192 (+74.2%), from €9,693 to €16,885
- Receivables within one year -€4,495
down €4,495 (-18.9%), from €23,837 to €19,343
of which Other amounts receivable: -€4,943
- Reserves -€16,826
down €16,826 (-13.5%), from €125,026 to €108,200
- Trade debts -€12,788
down €12,788 (-70.2%), from €18,221 to €5,433
- Debts after one year -€10,417
down €10,417 (-51.2%), from €20,331 to €9,913
- Other debts -€8,551
down €8,551 (-6.3%), from €135,463 to €126,912
- Tax, wage and social debts +€5,741
up €5,741 (+62.5%), from €9,184 to €14,926
- Gross operating margin +€38,435
up €38,435 (+35.5%), from €108,394 to €146,830
- Taxes +€8,094
up €8,094 (+32.2%), from €25,114 to €33,208
- Depreciation +€2,309
up €2,309 (+17.9%), from €12,923 to €15,232
- Financial charges -€1,868
down €1,868 (-71.8%), from €2,601 to €733
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 | €331,712 | €289,240 | -€42,471 | -12.8% |
| Fixed assets | 21/28 | €47,897 | €37,646 | -€10,252 | -21.4% |
| Tangible fixed assets | 22/27 | €47,897 | €37,646 | -€10,252 | -21.4% |
| Land and buildings | 22 | €14,960 | €16,471 | +€1,511 | +10.1% |
| Furniture and vehicles | 24 | €32,937 | €21,175 | -€11,762 | -35.7% |
| Current assets | 29/58 | €283,814 | €251,595 | -€32,220 | -11.4% |
| Amounts receivable after more than one year | 29 | €212,500 | €200,000 | -€12,500 | -5.9% |
| Other amounts receivable | 291 | €212,500 | €200,000 | -€12,500 | -5.9% |
| Amounts receivable within one year | 40/41 | €23,837 | €19,343 | -€4,495 | -18.9% |
| Trade receivables | 40 | €18,468 | €18,916 | +€448 | +2.4% |
| Other amounts receivable | 41 | €5,370 | €427 | -€4,943 | -92.1% |
| Current investments | 50/53 | €9,693 | €16,885 | +€7,192 | +74.2% |
| Cash at bank and in hand | 54/58 | €36,596 | €14,097 | -€22,499 | -61.5% |
| Deferred charges and accrued income | 490/1 | €1,188 | €1,271 | +€83 | +7.0% |
| Total equity and liabilities | 10/49 | €331,712 | €289,240 | -€42,471 | -12.8% |
| Equity | 10/15 | €130,026 | €113,200 | -€16,826 | -12.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €125,026 | €108,200 | -€16,826 | -13.5% |
| Distributable reserves | 133 | €125,026 | €108,200 | -€16,826 | -13.5% |
| Amounts payable | 17/49 | €201,686 | €176,040 | -€25,645 | -12.7% |
| Amounts payable after more than one year | 17 | €20,331 | €9,913 | -€10,417 | -51.2% |
| Financial debts | 170/4 | €20,331 | €9,913 | -€10,417 | -51.2% |
| Amounts payable within one year | 42/48 | €181,355 | €166,127 | -€15,228 | -8.4% |
| Current portion of amounts payable after more than one year | 42 | €10,017 | €10,417 | +€400 | +4.0% |
| Financial debts | 43 | €8,469 | €8,439 | -€30 | -0.4% |
| Credit institutions | 430/8 | €8,469 | €8,439 | -€30 | -0.4% |
| Trade debts | 44 | €18,221 | €5,433 | -€12,788 | -70.2% |
| Suppliers | 440/4 | €18,221 | €5,433 | -€12,788 | -70.2% |
| Taxes, remuneration and social security | 45 | €9,184 | €14,926 | +€5,741 | +62.5% |
| Taxes | 450/3 | €9,184 | €14,926 | +€5,741 | +62.5% |
| Other amounts payable | 47/48 | €135,463 | €126,912 | -€8,551 | -6.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,923 | €15,232 | +€2,309 | +17.9% |
| Other operating charges | 640/8 | €1,111 | €1,031 | -€80 | -7.2% |
| Gross operating margin | 9900 | €108,394 | €146,830 | +€38,435 | +35.5% |
| Operating profit (loss) | 9901 | €94,360 | €130,567 | +€36,207 | +38.4% |
| Financial income | 75/76B | €6,100 | €6,548 | +€448 | +7.4% |
| Recurring financial income | 75 | €6,100 | €5,747 | -€353 | -5.8% |
| Non-recurring financial income | 76B | - | €801 | +€801 | |
| Financial charges | 65/66B | €2,601 | €733 | -€1,868 | -71.8% |
| Recurring financial charges | 65 | €2,601 | €733 | -€1,868 | -71.8% |
| Profit (loss) for the period before taxes | 9903 | €97,859 | €136,382 | +€38,523 | +39.4% |
| Income taxes | 67/77 | €25,114 | €33,208 | +€8,094 | +32.2% |
| Profit (loss) for the period | 9904 | €72,745 | €103,174 | +€30,429 | +41.8% |
| Profit (loss) for the period to be appropriated | 9905 | €72,745 | €103,174 | +€30,429 | +41.8% |
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 30 October 2026 via checked.be.