WN MANAGEMENT & CONSULTANCY: what changed
What changed
WN MANAGEMENT & CONSULTANCY
NACE 77.221, Rental and leasing activities
filed annual accounts (NBB)
Net result for the year
€20,332
2024 · €8,979+€11,353
Equity
€867,040
2024 · €846,708+€20,332
Cash
€37,786
2024 · €40,537-€2,751
Balance sheet total
€2.0m
2024 · €2.5m-€506,278
Largest movements
Assets
- Receivables within one year -€503,770
down €503,770 (-83.6%), from €602,734 to €98,964
of which Trade receivables: -€519,107
Equity and liabilities
- Accrued charges and deferred income -€478,903
down €478,903 (-67.1%), from €714,126 to €235,224
- Provisions -€29,384
down €29,384 (-4.0%), from €733,819 to €704,435
Income statement
- Depreciation -€27,500
no longer reported in 2025 (was €27,500)
- Staff costs +€12,839
up €12,839 (+2.6%), from €487,649 to €500,489
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€8,979
Gross operating margin
+€1,283
Staff costs
-€12,839
Depreciation
+€27,500
Provisions
-€496
Other operating charges
-€216
Financial income
+€72
Financial charges
-€187
Taxes
+€2,447
Deferred taxes and other
-€6,211
Result 2025
€20,332
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€2,751
Investment
€0
Financing
€0
Cash 2024
€40,537
From operations (derived)
-€2,751
Net result for the year
+€20,332
Receivables within one year
+€503,770
Smaller working-capital items
+€582
Provisions
-€29,384
Tax, wage and social debts
-€22,812
Other debts
+€3,663
Accrued charges and deferred income
-€478,903
Cash 2025
€37,786
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,490,931 | €1,984,653 | -€506,278 | -20.3% |
| Fixed assets | 21/28 | €1,845,128 | €1,845,128 | = | 0.0% |
| Tangible fixed assets | 22/27 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Financial fixed assets | 28 | €1,845,128 | €1,845,128 | = | 0.0% |
| Current assets | 29/58 | €645,803 | €139,525 | -€506,278 | -78.4% |
| Amounts receivable within one year | 40/41 | €602,734 | €98,964 | -€503,770 | -83.6% |
| Trade receivables | 40 | €557,803 | €38,696 | -€519,107 | -93.1% |
| Other amounts receivable | 41 | €44,931 | €60,268 | +€15,337 | +34.1% |
| Cash at bank and in hand | 54/58 | €40,537 | €37,786 | -€2,751 | -6.8% |
| Deferred charges and accrued income | 490/1 | €2,532 | €2,775 | +€243 | +9.6% |
| Total equity and liabilities | 10/49 | €2,490,931 | €1,984,653 | -€506,278 | -20.3% |
| Equity | 10/15 | €846,708 | €867,040 | +€20,332 | +2.4% |
| Contributions | 10/11 | €200,305 | €200,305 | = | 0.0% |
| Capital | 10 | €200,000 | €200,000 | = | 0.0% |
| Issued capital | 100 | €200,000 | €200,000 | = | 0.0% |
| Contributions outside capital | 11 | €305 | €305 | = | 0.0% |
| Share premium | 1100/10 | €305 | €305 | = | 0.0% |
| Reserves | 13 | €646,403 | €666,735 | +€20,332 | +3.1% |
| Non-distributable reserves | 130/1 | €20,000 | €20,000 | = | 0.0% |
| Legal reserve | 130 | €20,000 | €20,000 | = | 0.0% |
| Distributable reserves | 133 | €626,403 | €646,735 | +€20,332 | +3.2% |
| Provisions and deferred taxes | 16 | €733,819 | €704,435 | -€29,384 | -4.0% |
| Provisions for liabilities and charges | 160/5 | €733,819 | €704,435 | -€29,384 | -4.0% |
| Pensions and similar obligations | 160 | €65,934 | €65,934 | = | 0.0% |
| Environmental obligations | 163 | €667,885 | €638,501 | -€29,384 | -4.4% |
| Amounts payable | 17/49 | €910,404 | €413,178 | -€497,226 | -54.6% |
| Amounts payable within one year | 42/48 | €196,278 | €177,954 | -€18,324 | -9.3% |
| Trade debts | 44 | €25,843 | €26,668 | +€825 | +3.2% |
| Suppliers | 440/4 | €25,843 | €26,668 | +€825 | +3.2% |
| Taxes, remuneration and social security | 45 | €98,704 | €75,891 | -€22,812 | -23.1% |
| Taxes | 450/3 | €35,789 | - | -€35,789 | |
| Remuneration and social security | 454/9 | €62,914 | €75,891 | +€12,977 | +20.6% |
| Other amounts payable | 47/48 | €71,732 | €75,395 | +€3,663 | +5.1% |
| Accrued charges and deferred income | 492/3 | €714,126 | €235,224 | -€478,903 | -67.1% |
| Non-recurring operating income | 76A | €4,580 | - | -€4,580 | |
| Remuneration, social security and pensions | 62 | €487,649 | €500,489 | +€12,839 | +2.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,500 | - | -€27,500 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€29,880 | -€29,384 | +€496 | +1.7% |
| Other operating charges | 640/8 | €1,200 | €1,415 | +€216 | +18.0% |
| Gross operating margin | 9900 | €640,083 | €641,366 | +€1,283 | +0.2% |
| Operating profit (loss) | 9901 | €153,614 | €168,846 | +€15,232 | +9.9% |
| Financial income | 75/76B | €362 | €434 | +€72 | +19.9% |
| Recurring financial income | 75 | €362 | €434 | +€72 | +19.9% |
| Financial charges | 65/66B | €138,852 | €139,039 | +€187 | +0.1% |
| Recurring financial charges | 65 | €138,852 | €139,039 | +€187 | +0.1% |
| Profit (loss) for the period before taxes | 9903 | €15,124 | €30,241 | +€15,117 | +100.0% |
| Transfer from deferred taxes | 780 | €6,211 | - | -€6,211 | |
| Income taxes | 67/77 | €12,356 | €9,909 | -€2,447 | -19.8% |
| Profit (loss) for the period | 9904 | €8,979 | €20,332 | +€11,353 | +126% |
| Transfer from tax-exempt reserves | 789 | €18,634 | - | -€18,634 | |
| Profit (loss) for the period to be appropriated | 9905 | €27,613 | €20,332 | -€7,281 | -26.4% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.