WRZ 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.
WRZ CONSULTING
Largest movements
- Receivables within one year -€73,379
down €73,379 (-90.1%), from €81,401 to €8,022
- Debts after one year -€302,850
down €302,850 (-25.4%), from €1.2m to €889,561
- Profit (loss) carried forward +€103,013
up €103,013 (+433%), from €23,790 to €126,803
- Tax, wage and social debts +€62,205
up €62,205 (+108%), from €57,837 to €120,042
- Current portion of long-term debt +€40,851
up €40,851 (+12.9%), from €316,414 to €357,265
- Other debts +€24,092
up €24,092 (+81.9%), from €29,431 to €53,523
- Gross operating margin +€158,371
up €158,371 (+317%), from €49,964 to €208,335
- Taxes +€39,183
up €39,183 (+479%), from €8,178 to €47,361
- Financial income +€23,862
up €23,862 (+9.8%), from €243,606 to €267,468
of which Financial income: +€256,864
- Financial charges +€16,261
up €16,261 (+64.3%), from €25,270 to €41,531
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 | €1,649,622 | €1,588,833 | -€60,789 | -3.7% |
| Fixed assets | 21/28 | €1,559,764 | €1,566,431 | +€6,667 | +0.4% |
| Tangible fixed assets | 22/27 | €59,389 | €66,056 | +€6,667 | +11.2% |
| Furniture and vehicles | 24 | €4,870 | €9,728 | +€4,858 | +99.8% |
| Other tangible fixed assets | 26 | €54,519 | €56,328 | +€1,809 | +3.3% |
| Financial fixed assets | 28 | €1,500,375 | €1,500,375 | = | 0.0% |
| Current assets | 29/58 | €89,858 | €22,402 | -€67,456 | -75.1% |
| Amounts receivable within one year | 40/41 | €81,401 | €8,022 | -€73,379 | -90.1% |
| Other amounts receivable | 41 | €81,401 | €8,022 | -€73,379 | -90.1% |
| Cash at bank and in hand | 54/58 | €8,457 | €6,644 | -€1,813 | -21.4% |
| Deferred charges and accrued income | 490/1 | - | €7,736 | +€7,736 | |
| Total equity and liabilities | 10/49 | €1,649,622 | €1,588,833 | -€60,789 | -3.7% |
| Equity | 10/15 | €50,000 | €153,013 | +€103,013 | +206% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €7,610 | €7,610 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Other | 1319 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €5,750 | €5,750 | = | 0.0% |
| Profit (loss) carried forward | 14 | €23,790 | €126,803 | +€103,013 | +433% |
| Amounts payable | 17/49 | €1,599,622 | €1,435,820 | -€163,802 | -10.2% |
| Amounts payable after more than one year | 17 | €1,192,411 | €889,561 | -€302,850 | -25.4% |
| Financial debts | 170/4 | €1,192,411 | €889,561 | -€302,850 | -25.4% |
| Amounts payable within one year | 42/48 | €407,211 | €546,259 | +€139,048 | +34.1% |
| Current portion of amounts payable after more than one year | 42 | €316,414 | €357,265 | +€40,851 | +12.9% |
| Trade debts | 44 | €3,529 | €15,429 | +€11,900 | +337% |
| Suppliers | 440/4 | €3,529 | €15,429 | +€11,900 | +337% |
| Taxes, remuneration and social security | 45 | €57,837 | €120,042 | +€62,205 | +108% |
| Taxes | 450/3 | €57,837 | €120,042 | +€62,205 | +108% |
| Other amounts payable | 47/48 | €29,431 | €53,523 | +€24,092 | +81.9% |
| Non-recurring operating income | 76A | - | €5,079 | +€5,079 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,287 | €13,898 | +€1,611 | +13.1% |
| Other operating charges | 640/8 | €48 | - | -€48 | |
| Gross operating margin | 9900 | €49,964 | €208,335 | +€158,371 | +317% |
| Operating profit (loss) | 9901 | €37,629 | €194,437 | +€156,808 | +417% |
| Financial income | 75/76B | €243,606 | €267,468 | +€23,862 | +9.8% |
| Recurring financial income | 75 | €10,604 | €267,468 | +€256,864 | +2,422% |
| Non-recurring financial income | 76B | €233,002 | - | -€233,002 | |
| Financial charges | 65/66B | €25,270 | €41,531 | +€16,261 | +64.3% |
| Recurring financial charges | 65 | €25,270 | €41,531 | +€16,261 | +64.3% |
| Profit (loss) for the period before taxes | 9903 | €255,965 | €420,374 | +€164,409 | +64.2% |
| Income taxes | 67/77 | €8,178 | €47,361 | +€39,183 | +479% |
| Profit (loss) for the period | 9904 | €247,787 | €373,013 | +€125,226 | +50.5% |
| Profit (loss) for the period to be appropriated | 9905 | €247,787 | €373,013 | +€125,226 | +50.5% |
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 20 October 2026 via checked.be.