WVH-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.
WVH-Consult
Largest movements
- Receivables within one year -€61,445
down €61,445 (-83.9%), from €73,210 to €11,765
of which Trade receivables: -€61,445
- Tangible fixed assets -€18,972
down €18,972 (-20.5%), from €92,657 to €73,686
of which Other tangible fixed assets: -€11,917
- Cash +€16,508
up €16,508 (+75.1%), from €21,993 to €38,501
mainly Trade debts (+€106,963) and Receivables within one year (+€61,445)
- Profit (loss) carried forward -€112,065
new in 2025: -€112,065
- Trade debts +€106,963
up €106,963 (+1,027%), from €10,418 to €117,381
- Other debts -€29,377
down €29,377 (-53.9%), from €54,544 to €25,167
- Tax, wage and social debts -€17,981
down €17,981 (-40.4%), from €44,534 to €26,553
- Debts after one year -€11,312
down €11,312 (-70.3%), from €16,097 to €4,785
- Gross operating margin -€210,611
down €210,611, from €104,884 to -€105,727
- Taxes -€21,176
down €21,176 (-97.9%), from €21,620 to €444
- Financial income +€2,919
up €2,919 (+19.4%), from €15,081 to €18,000
- Depreciation -€2,288
down €2,288 (-9.9%), from €23,005 to €20,717
- Other operating charges -€1,548
down €1,548 (-44.5%), from €3,481 to €1,933
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 | €444,716 | €381,180 | -€63,535 | -14.3% |
| Fixed assets | 21/28 | €92,657 | €73,686 | -€18,972 | -20.5% |
| Tangible fixed assets | 22/27 | €92,657 | €73,686 | -€18,972 | -20.5% |
| Furniture and vehicles | 24 | €9,579 | €2,524 | -€7,055 | -73.7% |
| Other tangible fixed assets | 26 | €83,078 | €71,162 | -€11,917 | -14.3% |
| Current assets | 29/58 | €352,059 | €307,495 | -€44,564 | -12.7% |
| Amounts receivable after more than one year | 29 | €200,000 | €200,000 | = | 0.0% |
| Other amounts receivable | 291 | €200,000 | €200,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €73,210 | €11,765 | -€61,445 | -83.9% |
| Trade receivables | 40 | €68,210 | €6,765 | -€61,445 | -90.1% |
| Other amounts receivable | 41 | €5,000 | €5,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €21,993 | €38,501 | +€16,508 | +75.1% |
| Deferred charges and accrued income | 490/1 | €56,856 | €57,229 | +€374 | +0.7% |
| Total equity and liabilities | 10/49 | €444,716 | €381,180 | -€63,535 | -14.3% |
| Equity | 10/15 | €308,047 | €195,982 | -€112,065 | -36.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €289,447 | €289,447 | = | 0.0% |
| Distributable reserves | 133 | €289,447 | €289,447 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€112,065 | -€112,065 | |
| Amounts payable | 17/49 | €136,668 | €185,198 | +€48,530 | +35.5% |
| Amounts payable after more than one year | 17 | €16,097 | €4,785 | -€11,312 | -70.3% |
| Financial debts | 170/4 | €16,097 | €4,785 | -€11,312 | -70.3% |
| Amounts payable within one year | 42/48 | €120,572 | €180,413 | +€59,842 | +49.6% |
| Current portion of amounts payable after more than one year | 42 | €11,076 | €11,312 | +€236 | +2.1% |
| Trade debts | 44 | €10,418 | €117,381 | +€106,963 | +1,027% |
| Suppliers | 440/4 | €10,418 | €117,381 | +€106,963 | +1,027% |
| Taxes, remuneration and social security | 45 | €44,534 | €26,553 | -€17,981 | -40.4% |
| Taxes | 450/3 | €44,534 | €26,553 | -€17,981 | -40.4% |
| Other amounts payable | 47/48 | €54,544 | €25,167 | -€29,377 | -53.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,005 | €20,717 | -€2,288 | -9.9% |
| Other operating charges | 640/8 | €3,481 | €1,933 | -€1,548 | -44.5% |
| Gross operating margin | 9900 | €104,884 | -€105,727 | -€210,611 | |
| Operating profit (loss) | 9901 | €78,398 | -€128,376 | -€206,775 | |
| Financial income | 75/76B | €15,081 | €18,000 | +€2,919 | +19.4% |
| Recurring financial income | 75 | €15,081 | €18,000 | +€2,919 | +19.4% |
| Financial charges | 65/66B | €1,567 | €1,245 | -€323 | -20.6% |
| Recurring financial charges | 65 | €1,567 | €1,245 | -€323 | -20.6% |
| Profit (loss) for the period before taxes | 9903 | €91,912 | -€111,621 | -€203,533 | |
| Income taxes | 67/77 | €21,620 | €444 | -€21,176 | -97.9% |
| Profit (loss) for the period | 9904 | €70,292 | -€112,065 | -€182,357 | |
| Profit (loss) for the period to be appropriated | 9905 | €70,292 | -€112,065 | -€182,357 |
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 29 October 2026 via checked.be.