WVDM CONSULT: 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.
WVDM CONSULT
Largest movements
- Tangible fixed assets +€46,550
up €46,550 (+27.3%), from €170,251 to €216,801
of which Furniture and vehicles: +€68,166
- Current investments -€44,278
down €44,278 (-14.9%), from €296,408 to €252,131
- Receivables within one year +€15,246
up €15,246 (+104%), from €14,711 to €29,957
of which Other amounts receivable: +€7,784
- Cash -€7,188
down €7,188 (-19.0%), from €37,854 to €30,666
mainly Investment in fixed assets (net) (-€82,840) and Contributions, distributions and other (-€73,768)
- Other debts +€9,780
up €9,780 (+539%), from €1,815 to €11,595
- Trade debts +€6,925
up €6,925 (+1,502%), from €461 to €7,387
- Reserves -€6,367
down €6,367 (-1.3%), from €489,739 to €483,373
- Gross operating margin -€71,651
down €71,651 (-37.1%), from €193,338 to €121,688
- Taxes -€24,084
down €24,084 (-47.3%), from €50,968 to €26,884
- Depreciation +€11,338
up €11,338 (+45.4%), from €24,951 to €36,289
- Financial income +€8,941
up €8,941 (+212%), from €4,210 to €13,151
- Other operating charges +€2,021
up €2,021 (+116%), from €1,748 to €3,769
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 | €521,756 | €533,061 | +€11,305 | +2.2% |
| Fixed assets | 21/28 | €170,251 | €216,801 | +€46,550 | +27.3% |
| Tangible fixed assets | 22/27 | €170,251 | €216,801 | +€46,550 | +27.3% |
| Land and buildings | 22 | €149,678 | €128,224 | -€21,455 | -14.3% |
| Plant, machinery and equipment | 23 | €1,598 | €1,437 | -€161 | -10.1% |
| Furniture and vehicles | 24 | €18,974 | €87,141 | +€68,166 | +359% |
| Current assets | 29/58 | €351,506 | €316,260 | -€35,246 | -10.0% |
| Amounts receivable within one year | 40/41 | €14,711 | €29,957 | +€15,246 | +104% |
| Trade receivables | 40 | €14,400 | €21,862 | +€7,462 | +51.8% |
| Other amounts receivable | 41 | €311 | €8,095 | +€7,784 | +2,503% |
| Current investments | 50/53 | €296,408 | €252,131 | -€44,278 | -14.9% |
| Cash at bank and in hand | 54/58 | €37,854 | €30,666 | -€7,188 | -19.0% |
| Deferred charges and accrued income | 490/1 | €2,532 | €3,506 | +€974 | +38.5% |
| Total equity and liabilities | 10/49 | €521,756 | €533,061 | +€11,305 | +2.2% |
| Equity | 10/15 | €508,339 | €501,973 | -€6,367 | -1.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €489,739 | €483,373 | -€6,367 | -1.3% |
| Distributable reserves | 133 | €489,739 | €483,373 | -€6,367 | -1.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €13,417 | €31,088 | +€17,671 | +132% |
| Amounts payable within one year | 42/48 | €13,417 | €31,088 | +€17,671 | +132% |
| Trade debts | 44 | €461 | €7,387 | +€6,925 | +1,502% |
| Suppliers | 440/4 | €461 | €7,387 | +€6,925 | +1,502% |
| Taxes, remuneration and social security | 45 | €11,141 | €12,107 | +€966 | +8.7% |
| Taxes | 450/3 | €11,141 | €12,107 | +€966 | +8.7% |
| Other amounts payable | 47/48 | €1,815 | €11,595 | +€9,780 | +539% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | - | €30,650 | +€30,650 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,951 | €36,289 | +€11,338 | +45.4% |
| Other operating charges | 640/8 | €1,748 | €3,769 | +€2,021 | +116% |
| Gross operating margin | 9900 | €193,338 | €121,688 | -€71,651 | -37.1% |
| Operating profit (loss) | 9901 | €166,640 | €81,630 | -€85,010 | -51.0% |
| Financial income | 75/76B | €4,210 | €13,151 | +€8,941 | +212% |
| Recurring financial income | 75 | €4,210 | €13,151 | +€8,941 | +212% |
| Financial charges | 65/66B | €112 | €495 | +€383 | +343% |
| Recurring financial charges | 65 | €112 | €495 | +€383 | +343% |
| Profit (loss) for the period before taxes | 9903 | €170,738 | €94,285 | -€76,453 | -44.8% |
| Income taxes | 67/77 | €50,968 | €26,884 | -€24,084 | -47.3% |
| Profit (loss) for the period | 9904 | €119,770 | €67,401 | -€52,369 | -43.7% |
| Profit (loss) for the period to be appropriated | 9905 | €119,770 | €67,401 | -€52,369 | -43.7% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.