AW design: 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.
AW design
Largest movements
- Cash +€11,796
up €11,796 (+201.5%), from €5,853 to €17,650
mainly Net result for the year (+€30,378) and Tax, wage and social debts (+€13,645)
- Debts after one year -€33,204
down €33,204 (-9.2%), from €360,312 to €327,108
- Reserves +€30,378
up €30,378 (+564.4%), from €5,382 to €35,760
- Tax, wage and social debts +€13,645
up €13,645 (+191.0%), from €7,144 to €20,789
of which Taxes: +€12,181
- Gross operating margin +€40,275
up €40,275 (+399.7%), from €10,077 to €50,352
- Taxes +€8,557
up €8,557 (+436.0%), from €1,962 to €10,519
- Financial charges +€6,610
up €6,610 (+241.9%), from €2,732 to €9,342
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 | €623,147 | €634,860 | +€11,713 | +1.9% |
| Fixed assets | 21/28 | €609,000 | €609,000 | = | 0.0% |
| Financial fixed assets | 28 | €609,000 | €609,000 | = | 0.0% |
| Current assets | 29/58 | €14,147 | €25,860 | +€11,713 | +82.8% |
| Amounts receivable within one year | 40/41 | €8,275 | €8,192 | -€83 | -1.0% |
| Trade receivables | 40 | €8,192 | €8,192 | = | 0.0% |
| Other amounts receivable | 41 | €83 | - | -€83 | |
| Cash at bank and in hand | 54/58 | €5,853 | €17,650 | +€11,796 | +201.5% |
| Deferred charges and accrued income | 490/1 | €19 | €19 | = | 0.0% |
| Total equity and liabilities | 10/49 | €623,147 | €634,860 | +€11,713 | +1.9% |
| Equity | 10/15 | €219,782 | €250,160 | +€30,378 | +13.8% |
| Contributions | 10/11 | €214,400 | €214,400 | = | 0.0% |
| Reserves | 13 | €5,382 | €35,760 | +€30,378 | +564.4% |
| Distributable reserves | 133 | €5,382 | €35,760 | +€30,378 | +564.4% |
| Amounts payable | 17/49 | €403,364 | €384,700 | -€18,665 | -4.6% |
| Amounts payable after more than one year | 17 | €360,312 | €327,108 | -€33,204 | -9.2% |
| Financial debts | 170/4 | €360,312 | €327,108 | -€33,204 | -9.2% |
| Amounts payable within one year | 42/48 | €43,052 | €57,591 | +€14,539 | +33.8% |
| Current portion of amounts payable after more than one year | 42 | €31,907 | €33,204 | +€1,297 | +4.1% |
| Trade debts | 44 | €4,000 | €3,598 | -€402 | -10.1% |
| Suppliers | 440/4 | €4,000 | €3,598 | -€402 | -10.1% |
| Taxes, remuneration and social security | 45 | €7,144 | €20,789 | +€13,645 | +191.0% |
| Taxes | 450/3 | €5,166 | €17,347 | +€12,181 | +235.8% |
| Remuneration and social security | 454/9 | €1,978 | €3,442 | +€1,464 | +74.0% |
| Other operating charges | 640/8 | - | €112 | +€112 | |
| Gross operating margin | 9900 | €10,077 | €50,352 | +€40,275 | +399.7% |
| Operating profit (loss) | 9901 | €10,077 | €50,240 | +€40,163 | +398.6% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €2,732 | €9,342 | +€6,610 | +241.9% |
| Recurring financial charges | 65 | €2,732 | €9,342 | +€6,610 | +241.9% |
| Profit (loss) for the period before taxes | 9903 | €7,345 | €40,898 | +€33,553 | +456.8% |
| Income taxes | 67/77 | €1,962 | €10,519 | +€8,557 | +436.0% |
| Profit (loss) for the period | 9904 | €5,382 | €30,378 | +€24,996 | +464.4% |
| Profit (loss) for the period to be appropriated | 9905 | €5,382 | €30,378 | +€24,996 | +464.4% |
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 4 October 2026 via checked.be.