WHT 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.
WHT Consult
Largest movements
- Cash +€39,573
up €39,573 (+74.1%), from €53,374 to €92,947
mainly Receivables within one year (+€19,954) and Depreciation (+€15,063)
- Tangible fixed assets -€21,921
down €21,921 (-37.1%), from €59,013 to €37,092
of which Furniture and vehicles: -€21,432
- Receivables within one year -€19,954
down €19,954 (-56.6%), from €35,283 to €15,329
of which Trade receivables: -€13,711
- Debts after one year -€10,192
down €10,192 (-37.1%), from €27,434 to €17,242
- Reserves +€5,995
up €5,995 (+8.5%), from €70,322 to €76,317
- Other debts +€2,284
up €2,284 (+14.1%), from €16,166 to €18,450
- Gross operating margin -€85,465
down €85,465 (-70.8%), from €120,746 to €35,281
- Taxes -€16,433
down €16,433 (-87.6%), from €18,763 to €2,329
- Depreciation -€9,220
down €9,220 (-38.0%), from €24,282 to €15,063
- Other operating charges +€6,545
up €6,545 (+950.3%), from €689 to €7,233
- Financial charges -€2,003
down €2,003 (-40.1%), from €4,998 to €2,995
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 | €148,491 | €147,249 | -€1,242 | -0.8% |
| Fixed assets | 21/28 | €59,013 | €38,277 | -€20,736 | -35.1% |
| Intangible fixed assets | 21 | - | €1,185 | +€1,185 | |
| Tangible fixed assets | 22/27 | €59,013 | €37,092 | -€21,921 | -37.1% |
| Plant, machinery and equipment | 23 | €1,814 | €1,324 | -€490 | -27.0% |
| Furniture and vehicles | 24 | €57,199 | €35,767 | -€21,432 | -37.5% |
| Current assets | 29/58 | €89,478 | €108,973 | +€19,494 | +21.8% |
| Amounts receivable within one year | 40/41 | €35,283 | €15,329 | -€19,954 | -56.6% |
| Trade receivables | 40 | €29,040 | €15,329 | -€13,711 | -47.2% |
| Other amounts receivable | 41 | €6,243 | - | -€6,243 | |
| Cash at bank and in hand | 54/58 | €53,374 | €92,947 | +€39,573 | +74.1% |
| Deferred charges and accrued income | 490/1 | €821 | €696 | -€125 | -15.2% |
| Total equity and liabilities | 10/49 | €148,491 | €147,249 | -€1,242 | -0.8% |
| Equity | 10/15 | €85,322 | €91,317 | +€5,995 | +7.0% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €70,322 | €76,317 | +€5,995 | +8.5% |
| Distributable reserves | 133 | €70,322 | €76,317 | +€5,995 | +8.5% |
| Amounts payable | 17/49 | €63,169 | €55,932 | -€7,237 | -11.5% |
| Amounts payable after more than one year | 17 | €27,434 | €17,242 | -€10,192 | -37.1% |
| Financial debts | 170/4 | €27,434 | €17,242 | -€10,192 | -37.1% |
| Amounts payable within one year | 42/48 | €34,618 | €37,890 | +€3,271 | +9.5% |
| Current portion of amounts payable after more than one year | 42 | €9,683 | €10,192 | +€509 | +5.3% |
| Trade debts | 44 | €544 | €787 | +€243 | +44.7% |
| Suppliers | 440/4 | €544 | €787 | +€243 | +44.7% |
| Taxes, remuneration and social security | 45 | €8,225 | €8,461 | +€235 | +2.9% |
| Taxes | 450/3 | €8,225 | €8,461 | +€235 | +2.9% |
| Other amounts payable | 47/48 | €16,166 | €18,450 | +€2,284 | +14.1% |
| Accrued charges and deferred income | 492/3 | €1,116 | €800 | -€316 | -28.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,282 | €15,063 | -€9,220 | -38.0% |
| Other operating charges | 640/8 | €689 | €7,233 | +€6,545 | +950.3% |
| Non-recurring operating charges | 66A | €41 | - | -€41 | |
| Gross operating margin | 9900 | €120,746 | €35,281 | -€85,465 | -70.8% |
| Operating profit (loss) | 9901 | €95,734 | €12,985 | -€82,749 | -86.4% |
| Financial income | 75/76B | €15 | - | -€15 | |
| Recurring financial income | 75 | €15 | - | -€15 | |
| Financial charges | 65/66B | €4,998 | €2,995 | -€2,003 | -40.1% |
| Recurring financial charges | 65 | €4,998 | €2,995 | -€2,003 | -40.1% |
| Profit (loss) for the period before taxes | 9903 | €90,751 | €9,990 | -€80,761 | -89.0% |
| Income taxes | 67/77 | €18,763 | €2,329 | -€16,433 | -87.6% |
| Profit (loss) for the period | 9904 | €71,988 | €7,661 | -€64,327 | -89.4% |
| Profit (loss) for the period to be appropriated | 9905 | €71,988 | €7,661 | -€64,327 | -89.4% |
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 10 October 2026 via checked.be.