WSD CONSULTANCY: 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.
WSD CONSULTANCY
Largest movements
- Cash +€22,868
up €22,868 (+52.3%), from €43,751 to €66,619
mainly Net result for the year (+€37,824) and Depreciation (+€1,578)
- Receivables within one year +€15,822
up €15,822 (+112%), from €14,186 to €30,008
- Tangible fixed assets -€1,578
down €1,578 (-35.8%), from €4,403 to €2,825
- Reserves +€37,824
up €37,824 (+92.9%), from €40,710 to €78,534
- Tax, wage and social debts +€1,166
up €1,166 (+6.4%), from €18,230 to €19,395
- Depreciation +€1,246
up €1,246 (+375%), from €332 to €1,578
- Gross operating margin -€1,031
down €1,031 (-1.9%), from €53,819 to €52,788
- Other operating charges +€858
up €858 (+1,717%), from €50 to €908
- Taxes -€617
down €617 (-5.5%), from €11,296 to €10,679
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 | €62,948 | €100,950 | +€38,002 | +60.4% |
| Fixed assets | 21/28 | €4,403 | €2,825 | -€1,578 | -35.8% |
| Tangible fixed assets | 22/27 | €4,403 | €2,825 | -€1,578 | -35.8% |
| Furniture and vehicles | 24 | €4,403 | €2,825 | -€1,578 | -35.8% |
| Current assets | 29/58 | €58,545 | €98,125 | +€39,580 | +67.6% |
| Amounts receivable within one year | 40/41 | €14,186 | €30,008 | +€15,822 | +112% |
| Trade receivables | 40 | €14,186 | €30,008 | +€15,822 | +112% |
| Cash at bank and in hand | 54/58 | €43,751 | €66,619 | +€22,868 | +52.3% |
| Deferred charges and accrued income | 490/1 | €608 | €1,498 | +€890 | +146% |
| Total equity and liabilities | 10/49 | €62,948 | €100,950 | +€38,002 | +60.4% |
| Equity | 10/15 | €43,210 | €81,034 | +€37,824 | +87.5% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €40,710 | €78,534 | +€37,824 | +92.9% |
| Distributable reserves | 133 | €40,710 | €78,534 | +€37,824 | +92.9% |
| Amounts payable | 17/49 | €19,738 | €19,916 | +€178 | +0.9% |
| Amounts payable within one year | 42/48 | €19,687 | €19,916 | +€229 | +1.2% |
| Trade debts | 44 | €1,457 | €521 | -€937 | -64.3% |
| Suppliers | 440/4 | €1,457 | €521 | -€937 | -64.3% |
| Taxes, remuneration and social security | 45 | €18,230 | €19,395 | +€1,166 | +6.4% |
| Taxes | 450/3 | €18,230 | €19,395 | +€1,166 | +6.4% |
| Accrued charges and deferred income | 492/3 | €51 | €0 | -€51 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €332 | €1,578 | +€1,246 | +375% |
| Other operating charges | 640/8 | €50 | €908 | +€858 | +1,717% |
| Gross operating margin | 9900 | €53,819 | €52,788 | -€1,031 | -1.9% |
| Operating profit (loss) | 9901 | €53,437 | €50,301 | -€3,135 | -5.9% |
| Financial charges | 65/66B | €1,431 | €1,798 | +€368 | +25.7% |
| Recurring financial charges | 65 | €1,431 | €1,798 | +€368 | +25.7% |
| Profit (loss) for the period before taxes | 9903 | €52,006 | €48,503 | -€3,503 | -6.7% |
| Income taxes | 67/77 | €11,296 | €10,679 | -€617 | -5.5% |
| Profit (loss) for the period | 9904 | €40,710 | €37,824 | -€2,886 | -7.1% |
| Profit (loss) for the period to be appropriated | 9905 | €40,710 | €37,824 | -€2,886 | -7.1% |
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 14 October 2026 via checked.be.