WS Consult: what changed
WS Consult
Largest movements
- Tangible fixed assets -€1,296
down €1,296 (-34.2%), from €3,793 to €2,498
of which Plant, machinery and equipment: -€2,041
- Receivables within one year -€1,077
down €1,077 (-38.4%), from €2,803 to €1,725
of which Trade receivables: -€1,060
- Cash +€577
up €577 (+2.6%), from €22,370 to €22,947
mainly Depreciation (+€3,246) and Receivables within one year (+€1,077)
- Deferred charges and accrued income +€357
up €357 (+69.2%), from €516 to €873
- Profit (loss) carried forward -€2,487
new in 2025: -€2,487
- Trade debts +€1,029
new in 2025: €1,029
- Depreciation -€780
down €780 (-19.4%), from €4,025 to €3,246
- Gross operating margin -€231
down €231 (-14.1%), from €1,641 to €1,410
- Financial charges +€49
up €49 (+93.9%), from €53 to €102
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €29,482 | €28,043 | -€1,438 | -4.9% |
| Fixed assets | 21/28 | €3,793 | €2,498 | -€1,296 | -34.2% |
| Tangible fixed assets | 22/27 | €3,793 | €2,498 | -€1,296 | -34.2% |
| Plant, machinery and equipment | 23 | €2,641 | €600 | -€2,041 | -77.3% |
| Furniture and vehicles | 24 | €221 | €1,788 | +€1,567 | +710% |
| Other tangible fixed assets | 26 | €931 | €110 | -€822 | -88.2% |
| Current assets | 29/58 | €25,689 | €25,546 | -€143 | -0.6% |
| Amounts receivable within one year | 40/41 | €2,803 | €1,725 | -€1,077 | -38.4% |
| Trade receivables | 40 | €1,905 | €845 | -€1,060 | -55.6% |
| Other amounts receivable | 41 | €898 | €880 | -€17 | -1.9% |
| Cash at bank and in hand | 54/58 | €22,370 | €22,947 | +€577 | +2.6% |
| Deferred charges and accrued income | 490/1 | €516 | €873 | +€357 | +69.2% |
| Total equity and liabilities | 10/49 | €29,482 | €28,043 | -€1,438 | -4.9% |
| Equity | 10/15 | €29,475 | €26,989 | -€2,487 | -8.4% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €27,475 | €27,475 | = | 0.0% |
| Distributable reserves | 133 | €27,475 | €27,475 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€2,487 | -€2,487 | |
| Amounts payable | 17/49 | €6 | €1,055 | +€1,049 | +16,777% |
| Amounts payable within one year | 42/48 | €6 | €1,055 | +€1,049 | +16,777% |
| Trade debts | 44 | - | €1,029 | +€1,029 | |
| Suppliers | 440/4 | - | €1,029 | +€1,029 | |
| Other amounts payable | 47/48 | €6 | €26 | +€20 | +320% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,025 | €3,246 | -€780 | -19.4% |
| Other operating charges | 640/8 | €535 | €550 | +€14 | +2.7% |
| Gross operating margin | 9900 | €1,641 | €1,410 | -€231 | -14.1% |
| Operating profit (loss) | 9901 | -€2,919 | -€2,385 | +€534 | +18.3% |
| Financial charges | 65/66B | €53 | €102 | +€49 | +93.9% |
| Recurring financial charges | 65 | €53 | €102 | +€49 | +93.9% |
| Profit (loss) for the period before taxes | 9903 | -€2,972 | -€2,487 | +€485 | +16.3% |
| Profit (loss) for the period | 9904 | -€2,972 | -€2,487 | +€485 | +16.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,972 | -€2,487 | +€485 | +16.3% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.