WVA CONSULTING: what changed
Two fiscal 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.
WVA CONSULTING
Largest movements
- Cash -€67,504
down €67,504 (-48.2%), from €140,193 to €72,689
mainly Contributions, distributions and other (-€100,000) and Investment in fixed assets (net) (-€59,158)
- Tangible fixed assets +€46,980
up €46,980 (+620.2%), from €7,574 to €54,554
of which Furniture and vehicles: +€45,063
- Reserves -€57,067
down €57,067 (-40.3%), from €141,654 to €84,587
- Debts after one year +€26,127
new in 2025: €26,127
- Current portion of long-term debt +€7,674
new in 2025: €7,674
- Gross operating margin +€10,541
up €10,541 (+16.6%), from €63,353 to €73,894
- Depreciation +€8,755
up €8,755 (+255.8%), from €3,423 to €12,178
- Financial charges +€4,915
up €4,915 (+262.0%), from €1,876 to €6,791
of which Non-recurring financial charges: +€4,770
- Taxes -€746
down €746 (-6.1%), from €12,143 to €11,397
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.
Cash bridge derived
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 | €162,088 | €139,296 | -€22,791 | -14.1% |
| Fixed assets | 21/28 | €7,574 | €54,554 | +€46,980 | +620.2% |
| Tangible fixed assets | 22/27 | €7,574 | €54,554 | +€46,980 | +620.2% |
| Plant, machinery and equipment | 23 | €5,733 | €7,650 | +€1,917 | +33.4% |
| Furniture and vehicles | 24 | €1,842 | €46,904 | +€45,063 | +2447.0% |
| Current assets | 29/58 | €154,513 | €84,742 | -€69,771 | -45.2% |
| Amounts receivable within one year | 40/41 | €12,584 | €11,798 | -€787 | -6.3% |
| Trade receivables | 40 | €12,584 | €11,798 | -€787 | -6.3% |
| Cash at bank and in hand | 54/58 | €140,193 | €72,689 | -€67,504 | -48.2% |
| Deferred charges and accrued income | 490/1 | €1,737 | €256 | -€1,480 | -85.2% |
| Total equity and liabilities | 10/49 | €162,088 | €139,296 | -€22,791 | -14.1% |
| Equity | 10/15 | €142,654 | €85,587 | -€57,067 | -40.0% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €141,654 | €84,587 | -€57,067 | -40.3% |
| Distributable reserves | 133 | €141,654 | €84,587 | -€57,067 | -40.3% |
| Amounts payable | 17/49 | €19,433 | €53,709 | +€34,276 | +176.4% |
| Amounts payable after more than one year | 17 | - | €26,127 | +€26,127 | |
| Financial debts | 170/4 | - | €26,127 | +€26,127 | |
| Amounts payable within one year | 42/48 | €19,388 | €27,582 | +€8,194 | +42.3% |
| Current portion of amounts payable after more than one year | 42 | - | €7,674 | +€7,674 | |
| Trade debts | 44 | €356 | €628 | +€272 | +76.6% |
| Suppliers | 440/4 | €356 | €628 | +€272 | +76.6% |
| Taxes, remuneration and social security | 45 | €18,888 | €19,173 | +€285 | +1.5% |
| Taxes | 450/3 | €18,888 | €19,173 | +€285 | +1.5% |
| Other amounts payable | 47/48 | €145 | €108 | -€37 | -25.4% |
| Accrued charges and deferred income | 492/3 | €45 | - | -€45 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,423 | €12,178 | +€8,755 | +255.8% |
| Other operating charges | 640/8 | €799 | €595 | -€204 | -25.6% |
| Gross operating margin | 9900 | €63,353 | €73,894 | +€10,541 | +16.6% |
| Operating profit (loss) | 9901 | €59,130 | €61,121 | +€1,991 | +3.4% |
| Financial charges | 65/66B | €1,876 | €6,791 | +€4,915 | +262.0% |
| Recurring financial charges | 65 | €1,416 | €1,560 | +€145 | +10.2% |
| Non-recurring financial charges | 66B | €460 | €5,230 | +€4,770 | +1037.1% |
| Profit (loss) for the period before taxes | 9903 | €57,254 | €54,330 | -€2,924 | -5.1% |
| Income taxes | 67/77 | €12,143 | €11,397 | -€746 | -6.1% |
| Profit (loss) for the period | 9904 | €45,111 | €42,933 | -€2,179 | -4.8% |
| Profit (loss) for the period to be appropriated | 9905 | €45,111 | €42,933 | -€2,179 | -4.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.