WVL 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.
WVL CONSULTING
Largest movements
- Cash +€35,681
up €35,681 (+56.5%), from €63,152 to €98,833
mainly Net result for the year (+€82,591) and Other debts (+€17,535)
- Receivables after one year -€15,000
no longer reported in 2025 (was €15,000)
- Tangible fixed assets -€10,299
down €10,299 (-59.6%), from €17,277 to €6,978
of which Furniture and vehicles: -€9,453
- Receivables within one year -€5,507
down €5,507 (-13.3%), from €41,531 to €36,024
of which Other amounts receivable: -€2,943
- Deferred charges and accrued income -€4,139
down €4,139 (-72.3%), from €5,722 to €1,583
- Other debts +€17,535
up €17,535 (+3,937%), from €445 to €17,980
- Trade debts -€10,651
down €10,651 (-67.8%), from €15,698 to €5,047
- Reserves -€7,409
down €7,409 (-3.5%), from €208,827 to €201,418
- Gross operating margin -€23,248
down €23,248 (-18.1%), from €128,344 to €105,096
- Depreciation -€6,747
down €6,747 (-66.7%), from €10,109 to €3,362
- Financial income +€6,304
up €6,304 (+325%), from €1,940 to €8,244
of which Non-recurring financial income: +€7,242
- Financial charges +€1,426
up €1,426 (+1,050%), from €136 to €1,562
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 | €233,227 | €233,963 | +€735 | +0.3% |
| Fixed assets | 21/28 | €107,822 | €97,523 | -€10,299 | -9.6% |
| Tangible fixed assets | 22/27 | €17,277 | €6,978 | -€10,299 | -59.6% |
| Furniture and vehicles | 24 | €12,731 | €3,278 | -€9,453 | -74.3% |
| Other tangible fixed assets | 26 | €4,545 | €3,700 | -€846 | -18.6% |
| Financial fixed assets | 28 | €90,545 | €90,545 | = | 0.0% |
| Current assets | 29/58 | €125,405 | €136,440 | +€11,035 | +8.8% |
| Amounts receivable after more than one year | 29 | €15,000 | - | -€15,000 | |
| Other amounts receivable | 291 | €15,000 | - | -€15,000 | |
| Amounts receivable within one year | 40/41 | €41,531 | €36,024 | -€5,507 | -13.3% |
| Trade receivables | 40 | €37,505 | €34,941 | -€2,564 | -6.8% |
| Other amounts receivable | 41 | €4,026 | €1,084 | -€2,943 | -73.1% |
| Cash at bank and in hand | 54/58 | €63,152 | €98,833 | +€35,681 | +56.5% |
| Deferred charges and accrued income | 490/1 | €5,722 | €1,583 | -€4,139 | -72.3% |
| Total equity and liabilities | 10/49 | €233,227 | €233,963 | +€735 | +0.3% |
| Equity | 10/15 | €209,827 | €202,418 | -€7,409 | -3.5% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €208,827 | €201,418 | -€7,409 | -3.5% |
| Distributable reserves | 133 | €208,827 | €201,418 | -€7,409 | -3.5% |
| Amounts payable | 17/49 | €23,401 | €31,545 | +€8,145 | +34.8% |
| Amounts payable within one year | 42/48 | €23,401 | €31,545 | +€8,145 | +34.8% |
| Trade debts | 44 | €15,698 | €5,047 | -€10,651 | -67.8% |
| Suppliers | 440/4 | €15,698 | €5,047 | -€10,651 | -67.8% |
| Taxes, remuneration and social security | 45 | €7,257 | €8,518 | +€1,261 | +17.4% |
| Taxes | 450/3 | €7,257 | €5,018 | -€2,239 | -30.9% |
| Remuneration and social security | 454/9 | - | €3,500 | +€3,500 | |
| Other amounts payable | 47/48 | €445 | €17,980 | +€17,535 | +3,937% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,109 | €3,362 | -€6,747 | -66.7% |
| Other operating charges | 640/8 | €761 | €848 | +€87 | +11.4% |
| Gross operating margin | 9900 | €128,344 | €105,096 | -€23,248 | -18.1% |
| Operating profit (loss) | 9901 | €117,474 | €100,886 | -€16,587 | -14.1% |
| Financial income | 75/76B | €1,940 | €8,244 | +€6,304 | +325% |
| Recurring financial income | 75 | €1,940 | €1,001 | -€938 | -48.4% |
| Non-recurring financial income | 76B | - | €7,242 | +€7,242 | |
| Financial charges | 65/66B | €136 | €1,562 | +€1,426 | +1,050% |
| Recurring financial charges | 65 | €136 | €1,562 | +€1,426 | +1,050% |
| Profit (loss) for the period before taxes | 9903 | €119,278 | €107,568 | -€11,710 | -9.8% |
| Income taxes | 67/77 | €26,022 | €24,977 | -€1,045 | -4.0% |
| Profit (loss) for the period | 9904 | €93,256 | €82,591 | -€10,665 | -11.4% |
| Profit (loss) for the period to be appropriated | 9905 | €93,256 | €82,591 | -€10,665 | -11.4% |
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 31 October 2026 via checked.be.