BW IMPORT: 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.
BW IMPORT
Largest movements
- Cash -€36,682
down €36,682 (-73.4%), from €49,942 to €13,260
mainly Trade debts (-€41,466) and Tax, wage and social debts (-€29,203)
- Deferred charges and accrued income -€28,500
no longer reported in 2025 (was €28,500)
- Receivables within one year -€13,443
down €13,443 (-2.4%), from €549,247 to €535,805
of which Trade receivables: -€133,376
- Reserves +€50,000
new in 2025: €50,000
- Profit (loss) carried forward -€44,180
down €44,180 (-92.9%), from €47,534 to €3,354
- Trade debts -€41,466
down €41,466 (-85.1%), from €48,741 to €7,275
- Tax, wage and social debts -€29,203
down €29,203 (-80.5%), from €36,259 to €7,057
of which Taxes: -€30,547
- Debts after one year -€15,288
down €15,288 (-34.4%), from €44,425 to €29,137
- Gross operating margin +€26,443
up €26,443 (+68.3%), from €38,729 to €65,173
- Financial income -€17,250
no longer reported in 2025 (was €17,250)
- Staff costs +€12,824
up €12,824 (+31.6%), from €40,541 to €53,365
- Financial charges -€9,435
down €9,435 (-92.5%), from €10,197 to €762
- Taxes +€901
new in 2025: €901
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 | €650,021 | €570,042 | -€79,980 | -12.3% |
| Fixed assets | 21/28 | €22,332 | €20,978 | -€1,355 | -6.1% |
| Tangible fixed assets | 22/27 | €20,832 | €19,478 | -€1,355 | -6.5% |
| Plant, machinery and equipment | 23 | €931 | €297 | -€634 | -68.1% |
| Furniture and vehicles | 24 | €3,339 | €5,454 | +€2,115 | +63.3% |
| Other tangible fixed assets | 26 | €16,563 | €13,727 | -€2,836 | -17.1% |
| Financial fixed assets | 28 | €1,500 | €1,500 | = | 0.0% |
| Current assets | 29/58 | €627,689 | €549,064 | -€78,625 | -12.5% |
| Amounts receivable within one year | 40/41 | €549,247 | €535,805 | -€13,443 | -2.4% |
| Trade receivables | 40 | €146,897 | €13,521 | -€133,376 | -90.8% |
| Other amounts receivable | 41 | €402,350 | €522,283 | +€119,933 | +29.8% |
| Cash at bank and in hand | 54/58 | €49,942 | €13,260 | -€36,682 | -73.4% |
| Deferred charges and accrued income | 490/1 | €28,500 | - | -€28,500 | |
| Total equity and liabilities | 10/49 | €650,021 | €570,042 | -€79,980 | -12.3% |
| Equity | 10/15 | €48,534 | €54,354 | +€5,820 | +12.0% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | - | €50,000 | +€50,000 | |
| Distributable reserves | 133 | - | €50,000 | +€50,000 | |
| Profit (loss) carried forward | 14 | €47,534 | €3,354 | -€44,180 | -92.9% |
| Amounts payable | 17/49 | €601,487 | €515,687 | -€85,800 | -14.3% |
| Amounts payable after more than one year | 17 | €44,425 | €29,137 | -€15,288 | -34.4% |
| Financial debts | 170/4 | €44,425 | €29,137 | -€15,288 | -34.4% |
| Amounts payable within one year | 42/48 | €557,063 | €486,550 | -€70,512 | -12.7% |
| Trade debts | 44 | €48,741 | €7,275 | -€41,466 | -85.1% |
| Suppliers | 440/4 | €48,741 | €7,275 | -€41,466 | -85.1% |
| Taxes, remuneration and social security | 45 | €36,259 | €7,057 | -€29,203 | -80.5% |
| Taxes | 450/3 | €31,448 | €901 | -€30,547 | -97.1% |
| Remuneration and social security | 454/9 | €4,811 | €6,156 | +€1,345 | +28.0% |
| Other amounts payable | 47/48 | €472,062 | €472,218 | +€156 | 0.0% |
| Remuneration, social security and pensions | 62 | €40,541 | €53,365 | +€12,824 | +31.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,906 | €4,191 | +€285 | +7.3% |
| Other operating charges | 640/8 | €454 | €135 | -€319 | -70.3% |
| Gross operating margin | 9900 | €38,729 | €65,173 | +€26,443 | +68.3% |
| Operating profit (loss) | 9901 | -€6,171 | €7,482 | +€13,653 | |
| Financial income | 75/76B | €17,250 | - | -€17,250 | |
| Recurring financial income | 75 | €17,250 | - | -€17,250 | |
| Financial charges | 65/66B | €10,197 | €762 | -€9,435 | -92.5% |
| Recurring financial charges | 65 | €10,197 | €762 | -€9,435 | -92.5% |
| Profit (loss) for the period before taxes | 9903 | €882 | €6,721 | +€5,839 | +662.1% |
| Income taxes | 67/77 | - | €901 | +€901 | |
| Profit (loss) for the period | 9904 | €882 | €5,820 | +€4,938 | +559.9% |
| Profit (loss) for the period to be appropriated | 9905 | €882 | €5,820 | +€4,938 | +559.9% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.