WT 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.
WT CONSULTING
Largest movements
- Cash +€202,823
up €202,823 (+107%), from €189,559 to €392,383
mainly Net result for the year (+€326,015) and Tax, wage and social debts (+€51,983)
- Current investments +€62,000
up €62,000 (+246%), from €25,169 to €87,169
- Receivables after one year +€60,000
new in 2026: €60,000
- Tangible fixed assets +€27,557
up €27,557 (+12.3%), from €224,566 to €252,123
of which Land and buildings: +€23,181
- Reserves +€326,015
up €326,015 (+35.1%), from €927,644 to €1.3m
- Tax, wage and social debts +€51,983
up €51,983 (+743%), from €6,999 to €58,982
- Debts after one year -€24,035
down €24,035 (-18.7%), from €128,213 to €104,178
- Financial income +€186,682
up €186,682 (+619%), from €30,164 to €216,846
- Gross operating margin +€116,314
up €116,314 (+99.9%), from €116,487 to €232,801
- Taxes +€51,994
up €51,994 (+141%), from €36,988 to €88,982
- Depreciation +€5,355
up €5,355 (+34.7%), from €15,420 to €20,775
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,301,699 | €1,648,508 | +€346,809 | +26.6% |
| Fixed assets | 21/28 | €976,566 | €1,004,123 | +€27,557 | +2.8% |
| Tangible fixed assets | 22/27 | €224,566 | €252,123 | +€27,557 | +12.3% |
| Land and buildings | 22 | €207,843 | €231,024 | +€23,181 | +11.2% |
| Plant, machinery and equipment | 23 | €6,180 | €10,056 | +€3,875 | +62.7% |
| Furniture and vehicles | 24 | €10,543 | €11,043 | +€500 | +4.7% |
| Financial fixed assets | 28 | €752,000 | €752,000 | = | 0.0% |
| Current assets | 29/58 | €325,133 | €644,385 | +€319,252 | +98.2% |
| Amounts receivable after more than one year | 29 | - | €60,000 | +€60,000 | |
| Trade receivables | 290 | - | €60,000 | +€60,000 | |
| Stocks and contracts in progress | 3 | €80,000 | €80,000 | = | 0.0% |
| Stocks | 30/36 | €80,000 | €80,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €25,496 | €22,037 | -€3,460 | -13.6% |
| Trade receivables | 40 | €17,440 | €20,376 | +€2,936 | +16.8% |
| Other amounts receivable | 41 | €8,056 | €1,660 | -€6,396 | -79.4% |
| Current investments | 50/53 | €25,169 | €87,169 | +€62,000 | +246% |
| Cash at bank and in hand | 54/58 | €189,559 | €392,383 | +€202,823 | +107% |
| Deferred charges and accrued income | 490/1 | €4,908 | €2,797 | -€2,111 | -43.0% |
| Total equity and liabilities | 10/49 | €1,301,699 | €1,648,508 | +€346,809 | +26.6% |
| Equity | 10/15 | €1,146,244 | €1,472,259 | +€326,015 | +28.4% |
| Contributions | 10/11 | €218,600 | €218,600 | = | 0.0% |
| Reserves | 13 | €927,644 | €1,253,659 | +€326,015 | +35.1% |
| Distributable reserves | 133 | €927,644 | €1,253,659 | +€326,015 | +35.1% |
| Amounts payable | 17/49 | €155,455 | €176,249 | +€20,794 | +13.4% |
| Amounts payable after more than one year | 17 | €128,213 | €104,178 | -€24,035 | -18.7% |
| Financial debts | 170/4 | €128,213 | €104,178 | -€24,035 | -18.7% |
| Amounts payable within one year | 42/48 | €21,542 | €72,071 | +€50,529 | +235% |
| Current portion of amounts payable after more than one year | 42 | €10,415 | €10,728 | +€313 | +3.0% |
| Trade debts | 44 | €4,128 | €2,361 | -€1,767 | -42.8% |
| Suppliers | 440/4 | €4,128 | €2,361 | -€1,767 | -42.8% |
| Taxes, remuneration and social security | 45 | €6,999 | €58,982 | +€51,983 | +743% |
| Taxes | 450/3 | €6,999 | €58,982 | +€51,983 | +743% |
| Accrued charges and deferred income | 492/3 | €5,700 | - | -€5,700 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,420 | €20,775 | +€5,355 | +34.7% |
| Other operating charges | 640/8 | €2,704 | €3,800 | +€1,096 | +40.6% |
| Gross operating margin | 9900 | €116,487 | €232,801 | +€116,314 | +99.9% |
| Operating profit (loss) | 9901 | €98,363 | €208,225 | +€109,863 | +112% |
| Financial income | 75/76B | €30,164 | €216,846 | +€186,682 | +619% |
| Recurring financial income | 75 | €30,164 | €216,846 | +€186,682 | +619% |
| Financial charges | 65/66B | €10,175 | €10,074 | -€101 | -1.0% |
| Recurring financial charges | 65 | €10,175 | €10,074 | -€101 | -1.0% |
| Profit (loss) for the period before taxes | 9903 | €118,351 | €414,997 | +€296,646 | +251% |
| Income taxes | 67/77 | €36,988 | €88,982 | +€51,994 | +141% |
| Profit (loss) for the period | 9904 | €81,363 | €326,015 | +€244,652 | +301% |
| Profit (loss) for the period to be appropriated | 9905 | €81,363 | €326,015 | +€244,652 | +301% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.