WR Management & 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.
WR Management & Consulting
Largest movements
- Cash -€59,606
down €59,606 (-14.2%), from €418,960 to €359,354
mainly Net result for the year (-€84,031) and Accrued charges and deferred income (-€7,984)
- Tangible fixed assets -€29,790
down €29,790 (-3.0%), from €990,009 to €960,219
of which Plant, machinery and equipment: -€15,161
- Profit (loss) carried forward -€84,031
down €84,031, from €27,590 to -€56,441
- Depreciation -€2,859
down €2,859 (-8.8%), from €32,649 to €29,790
- Financial charges -€2,423
down €2,423 (-20.4%), from €11,901 to €9,478
- Gross operating margin +€2,327
up €2,327 (+15.4%), from -€15,132 to -€12,805
- Staff costs -€1,253
down €1,253 (-4.6%), from €27,229 to €25,976
- Financial income -€427
down €427 (-100%), from €427 to €0
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 | €1,413,997 | €1,326,616 | -€87,381 | -6.2% |
| Fixed assets | 21/28 | €991,185 | €961,395 | -€29,790 | -3.0% |
| Tangible fixed assets | 22/27 | €990,009 | €960,219 | -€29,790 | -3.0% |
| Land and buildings | 22 | €968,368 | €960,219 | -€8,150 | -0.8% |
| Plant, machinery and equipment | 23 | €15,161 | - | -€15,161 | |
| Furniture and vehicles | 24 | €6,480 | €0 | -€6,480 | -100% |
| Financial fixed assets | 28 | €1,176 | €1,176 | = | 0.0% |
| Current assets | 29/58 | €422,812 | €365,222 | -€57,591 | -13.6% |
| Amounts receivable within one year | 40/41 | €1,125 | €2,633 | +€1,507 | +134% |
| Trade receivables | 40 | €1,125 | €2,633 | +€1,507 | +134% |
| Cash at bank and in hand | 54/58 | €418,960 | €359,354 | -€59,606 | -14.2% |
| Deferred charges and accrued income | 490/1 | €2,727 | €3,235 | +€508 | +18.6% |
| Total equity and liabilities | 10/49 | €1,413,997 | €1,326,616 | -€87,381 | -6.2% |
| Equity | 10/15 | €1,263,742 | €1,179,712 | -€84,031 | -6.6% |
| Contributions | 10/11 | €1,168,600 | €1,168,600 | = | 0.0% |
| Reserves | 13 | €67,553 | €67,553 | = | 0.0% |
| Distributable reserves | 133 | €67,553 | €67,553 | = | 0.0% |
| Profit (loss) carried forward | 14 | €27,590 | -€56,441 | -€84,031 | |
| Amounts payable | 17/49 | €150,255 | €146,905 | -€3,350 | -2.2% |
| Amounts payable within one year | 42/48 | €142,271 | €146,905 | +€4,634 | +3.3% |
| Trade debts | 44 | €3,660 | €14,462 | +€10,802 | +295% |
| Suppliers | 440/4 | €3,660 | €14,462 | +€10,802 | +295% |
| Taxes, remuneration and social security | 45 | €6,094 | €5,278 | -€815 | -13.4% |
| Taxes | 450/3 | €3,822 | €3,083 | -€739 | -19.3% |
| Remuneration and social security | 454/9 | €2,272 | €2,195 | -€76 | -3.4% |
| Other amounts payable | 47/48 | €132,517 | €127,164 | -€5,353 | -4.0% |
| Accrued charges and deferred income | 492/3 | €7,984 | €0 | -€7,984 | -100% |
| Remuneration, social security and pensions | 62 | €27,229 | €25,976 | -€1,253 | -4.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,649 | €29,790 | -€2,859 | -8.8% |
| Other operating charges | 640/8 | €5,447 | €5,590 | +€142 | +2.6% |
| Gross operating margin | 9900 | -€15,132 | -€12,805 | +€2,327 | +15.4% |
| Operating profit (loss) | 9901 | -€80,458 | -€74,161 | +€6,297 | +7.8% |
| Financial income | 75/76B | €427 | €0 | -€427 | -100% |
| Recurring financial income | 75 | €427 | €0 | -€427 | -100% |
| Financial charges | 65/66B | €11,901 | €9,478 | -€2,423 | -20.4% |
| Recurring financial charges | 65 | €11,901 | €9,478 | -€2,423 | -20.4% |
| Profit (loss) for the period before taxes | 9903 | -€91,932 | -€83,639 | +€8,293 | +9.0% |
| Income taxes | 67/77 | €400 | €392 | -€8 | -2.1% |
| Profit (loss) for the period | 9904 | -€92,332 | -€84,031 | +€8,301 | +9.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€92,332 | -€84,031 | +€8,301 | +9.0% |
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 19 October 2026 via checked.be.