Whetstone 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.
Whetstone Consulting
Largest movements
- Receivables within one year -€58,231
down €58,231 (-31.5%), from €184,576 to €126,345
of which Other amounts receivable: -€67,170
- Tangible fixed assets -€6,780
down €6,780 (-2.4%), from €288,004 to €281,225
of which Land and buildings: -€6,999
- Debts after one year -€128,955
down €128,955 (-38.2%), from €337,216 to €208,261
- Profit (loss) carried forward +€59,063
up €59,063 (+116%), from €50,746 to €109,810
- Tax, wage and social debts +€22,947
up €22,947 (+73.0%), from €31,439 to €54,386
- Accrued charges and deferred income -€12,137
no longer reported in 2024 (was €12,137)
- Gross operating margin +€38,314
up €38,314 (+65.9%), from €58,123 to €96,437
- Taxes +€10,075
up €10,075 (+70.9%), from €14,207 to €24,283
- Financial charges -€4,348
down €4,348 (-42.7%), from €10,174 to €5,826
- Financial income -€3,621
down €3,621 (-43.6%), from €8,300 to €4,678
- Other operating charges +€2,973
up €2,973 (+156%), from €1,904 to €4,876
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €476,164 | €413,320 | -€62,843 | -13.2% |
| Fixed assets | 21/28 | €288,904 | €281,225 | -€7,680 | -2.7% |
| Tangible fixed assets | 22/27 | €288,004 | €281,225 | -€6,780 | -2.4% |
| Land and buildings | 22 | €288,004 | €281,005 | -€6,999 | -2.4% |
| Plant, machinery and equipment | 23 | - | €220 | +€220 | |
| Financial fixed assets | 28 | €900 | - | -€900 | |
| Current assets | 29/58 | €187,260 | €132,096 | -€55,164 | -29.5% |
| Amounts receivable within one year | 40/41 | €184,576 | €126,345 | -€58,231 | -31.5% |
| Trade receivables | 40 | €7,830 | €16,769 | +€8,939 | +114% |
| Other amounts receivable | 41 | €176,745 | €109,576 | -€67,170 | -38.0% |
| Cash at bank and in hand | 54/58 | €2,684 | €5,751 | +€3,067 | +114% |
| Total equity and liabilities | 10/49 | €476,164 | €413,320 | -€62,843 | -13.2% |
| Equity | 10/15 | €72,106 | €131,170 | +€59,063 | +81.9% |
| Contributions | 10/11 | €6,500 | €6,500 | = | 0.0% |
| Reserves | 13 | €14,860 | €14,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €13,000 | €13,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €50,746 | €109,810 | +€59,063 | +116% |
| Amounts payable | 17/49 | €404,057 | €282,151 | -€121,906 | -30.2% |
| Amounts payable after more than one year | 17 | €337,216 | €208,261 | -€128,955 | -38.2% |
| Financial debts | 170/4 | €337,216 | €208,261 | -€128,955 | -38.2% |
| Amounts payable within one year | 42/48 | €54,704 | €73,890 | +€19,186 | +35.1% |
| Current portion of amounts payable after more than one year | 42 | €13,626 | €13,900 | +€274 | +2.0% |
| Trade debts | 44 | €9,638 | €5,603 | -€4,035 | -41.9% |
| Suppliers | 440/4 | €9,638 | €5,603 | -€4,035 | -41.9% |
| Taxes, remuneration and social security | 45 | €31,439 | €54,386 | +€22,947 | +73.0% |
| Taxes | 450/3 | €31,439 | €54,386 | +€22,947 | +73.0% |
| Accrued charges and deferred income | 492/3 | €12,137 | - | -€12,137 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,999 | €7,067 | +€68 | +1.0% |
| Other operating charges | 640/8 | €1,904 | €4,876 | +€2,973 | +156% |
| Gross operating margin | 9900 | €58,123 | €96,437 | +€38,314 | +65.9% |
| Operating profit (loss) | 9901 | €49,220 | €84,494 | +€35,273 | +71.7% |
| Financial income | 75/76B | €8,300 | €4,678 | -€3,621 | -43.6% |
| Recurring financial income | 75 | €8,300 | €4,678 | -€3,621 | -43.6% |
| Financial charges | 65/66B | €10,174 | €5,826 | -€4,348 | -42.7% |
| Recurring financial charges | 65 | €10,174 | €5,826 | -€4,348 | -42.7% |
| Profit (loss) for the period before taxes | 9903 | €47,346 | €83,346 | +€36,000 | +76.0% |
| Income taxes | 67/77 | €14,207 | €24,283 | +€10,075 | +70.9% |
| Profit (loss) for the period | 9904 | €33,139 | €59,063 | +€25,924 | +78.2% |
| Profit (loss) for the period to be appropriated | 9905 | €33,139 | €59,063 | +€25,924 | +78.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.