Wren 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.
Wren Consulting
Largest movements
- Receivables after one year -€57,137
down €57,137 (-90.5%), from €63,117 to €5,980
- Cash -€20,682
down €20,682 (-33.0%), from €62,730 to €42,048
mainly Net result for the year (-€78,905) and Tax, wage and social debts (-€12,624)
- Receivables within one year -€9,077
down €9,077 (-90.3%), from €10,051 to €975
of which Trade receivables: -€9,516
- Tangible fixed assets +€4,005
up €4,005 (+68.4%), from €5,853 to €9,858
of which Other tangible fixed assets: +€4,726
- Profit (loss) carried forward -€78,905
down €78,905, from €4,478 to -€74,427
- Tax, wage and social debts -€12,624
down €12,624 (-30.1%), from €41,913 to €29,289
of which Taxes: -€15,624
- Other debts +€7,947
new in 2024: €7,947
- Gross operating margin -€171,202
down €171,202, from €98,640 to -€72,562
- Taxes -€34,714
no longer reported in 2024 (was €34,714)
- Depreciation +€1,127
up €1,127 (+57.8%), from €1,950 to €3,077
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 | €144,885 | €62,090 | -€82,795 | -57.1% |
| Fixed assets | 21/28 | €5,853 | €9,858 | +€4,005 | +68.4% |
| Tangible fixed assets | 22/27 | €5,853 | €9,858 | +€4,005 | +68.4% |
| Furniture and vehicles | 24 | €3,266 | €2,546 | -€720 | -22.0% |
| Other tangible fixed assets | 26 | €2,587 | €7,312 | +€4,726 | +183% |
| Current assets | 29/58 | €139,033 | €52,232 | -€86,800 | -62.4% |
| Amounts receivable after more than one year | 29 | €63,117 | €5,980 | -€57,137 | -90.5% |
| Trade receivables | 290 | €63,117 | €5,980 | -€57,137 | -90.5% |
| Amounts receivable within one year | 40/41 | €10,051 | €975 | -€9,077 | -90.3% |
| Trade receivables | 40 | €9,516 | - | -€9,516 | |
| Other amounts receivable | 41 | €535 | €975 | +€440 | +82.2% |
| Cash at bank and in hand | 54/58 | €62,730 | €42,048 | -€20,682 | -33.0% |
| Deferred charges and accrued income | 490/1 | €3,134 | €3,229 | +€95 | +3.0% |
| Total equity and liabilities | 10/49 | €144,885 | €62,090 | -€82,795 | -57.1% |
| Equity | 10/15 | €102,478 | €23,573 | -€78,905 | -77.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €96,000 | €96,000 | = | 0.0% |
| Distributable reserves | 133 | €96,000 | €96,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,478 | -€74,427 | -€78,905 | |
| Amounts payable | 17/49 | €42,408 | €38,518 | -€3,890 | -9.2% |
| Amounts payable within one year | 42/48 | €42,408 | €38,518 | -€3,890 | -9.2% |
| Trade debts | 44 | €494 | €1,281 | +€787 | +159% |
| Suppliers | 440/4 | €494 | €1,281 | +€787 | +159% |
| Taxes, remuneration and social security | 45 | €41,913 | €29,289 | -€12,624 | -30.1% |
| Taxes | 450/3 | €41,913 | €26,289 | -€15,624 | -37.3% |
| Remuneration and social security | 454/9 | - | €3,000 | +€3,000 | |
| Other amounts payable | 47/48 | - | €7,947 | +€7,947 | |
| Remuneration, social security and pensions | 62 | €1,493 | €1,493 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,950 | €3,077 | +€1,127 | +57.8% |
| Other operating charges | 640/8 | €247 | €304 | +€57 | +23.0% |
| Gross operating margin | 9900 | €98,640 | -€72,562 | -€171,202 | |
| Operating profit (loss) | 9901 | €94,951 | -€77,435 | -€172,386 | |
| Financial charges | 65/66B | €2,136 | €1,470 | -€666 | -31.2% |
| Recurring financial charges | 65 | €2,136 | €1,470 | -€666 | -31.2% |
| Profit (loss) for the period before taxes | 9903 | €92,815 | -€78,905 | -€171,720 | |
| Income taxes | 67/77 | €34,714 | - | -€34,714 | |
| Profit (loss) for the period | 9904 | €58,102 | -€78,905 | -€137,007 | |
| Profit (loss) for the period to be appropriated | 9905 | €58,102 | -€78,905 | -€137,007 |
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 25 October 2026 via checked.be.