WV-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.
WV-Consulting
Largest movements
- Current investments +€220,000
new in 2025: €220,000
- Cash -€109,536
down €109,536 (-26.6%), from €412,420 to €302,884
mainly Current investments (-€220,000) and Receivables within one year (-€24,698)
- Tangible fixed assets -€31,090
down €31,090 (-39.5%), from €78,627 to €47,537
- Receivables within one year +€24,698
new in 2025: €24,698
- Reserves +€98,174
up €98,174 (+23.3%), from €421,775 to €519,949
of which Distributable reserves: +€98,174
- Other debts +€19,950
up €19,950 (+165%), from €12,085 to €32,036
- Tax, wage and social debts -€14,004
down €14,004 (-37.3%), from €37,569 to €23,566
of which Taxes: -€11,329
- Gross operating margin +€4,544
up €4,544 (+2.7%), from €165,413 to €169,957
- Taxes +€1,745
up €1,745 (+4.5%), from €38,813 to €40,559
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 | €491,047 | €595,119 | +€104,072 | +21.2% |
| Fixed assets | 21/28 | €78,627 | €47,537 | -€31,090 | -39.5% |
| Tangible fixed assets | 22/27 | €78,627 | €47,537 | -€31,090 | -39.5% |
| Furniture and vehicles | 24 | €78,627 | €47,537 | -€31,090 | -39.5% |
| Current assets | 29/58 | €412,420 | €547,582 | +€135,162 | +32.8% |
| Amounts receivable within one year | 40/41 | - | €24,698 | +€24,698 | |
| Trade receivables | 40 | - | €24,698 | +€24,698 | |
| Current investments | 50/53 | - | €220,000 | +€220,000 | |
| Cash at bank and in hand | 54/58 | €412,420 | €302,884 | -€109,536 | -26.6% |
| Total equity and liabilities | 10/49 | €491,047 | €595,119 | +€104,072 | +21.2% |
| Equity | 10/15 | €440,375 | €538,549 | +€98,174 | +22.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €421,775 | €519,949 | +€98,174 | +23.3% |
| Tax-exempt reserves | 132 | €3,717 | €3,717 | = | 0.0% |
| Distributable reserves | 133 | €418,058 | €516,232 | +€98,174 | +23.5% |
| Amounts payable | 17/49 | €50,672 | €56,570 | +€5,897 | +11.6% |
| Amounts payable within one year | 42/48 | €50,672 | €56,570 | +€5,897 | +11.6% |
| Trade debts | 44 | €1,018 | €968 | -€49 | -4.9% |
| Suppliers | 440/4 | €1,018 | €968 | -€49 | -4.9% |
| Taxes, remuneration and social security | 45 | €37,569 | €23,566 | -€14,004 | -37.3% |
| Taxes | 450/3 | €34,895 | €23,566 | -€11,329 | -32.5% |
| Remuneration and social security | 454/9 | €2,675 | - | -€2,675 | |
| Other amounts payable | 47/48 | €12,085 | €32,036 | +€19,950 | +165% |
| Non-recurring operating income | 76A | €46 | - | -€46 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,279 | €31,090 | +€811 | +2.7% |
| Other operating charges | 640/8 | €1,536 | €800 | -€736 | -47.9% |
| Gross operating margin | 9900 | €165,413 | €169,957 | +€4,544 | +2.7% |
| Operating profit (loss) | 9901 | €133,598 | €138,067 | +€4,469 | +3.3% |
| Financial income | 75/76B | €1,036 | €751 | -€285 | -27.5% |
| Recurring financial income | 75 | €1,036 | €751 | -€285 | -27.5% |
| Financial charges | 65/66B | €44 | €85 | +€42 | +96.3% |
| Recurring financial charges | 65 | €44 | €85 | +€42 | +96.3% |
| Profit (loss) for the period before taxes | 9903 | €134,590 | €138,733 | +€4,142 | +3.1% |
| Income taxes | 67/77 | €38,813 | €40,559 | +€1,745 | +4.5% |
| Profit (loss) for the period | 9904 | €95,777 | €98,174 | +€2,397 | +2.5% |
| Profit (loss) for the period to be appropriated | 9905 | €95,777 | €98,174 | +€2,397 | +2.5% |
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 13 October 2026 via checked.be.