C.W.S. TOOLS: 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.
C.W.S. TOOLS
Largest movements
- Cash -€63,927
down €63,927 (-58.4%), from €109,557 to €45,630
mainly Net result for the year (-€33,190) and Trade debts (-€17,538)
- Receivables within one year +€17,535
up €17,535 (+16.7%), from €104,729 to €122,264
of which Trade receivables: +€22,599
- Profit (loss) carried forward -€33,190
down €33,190 (-16.3%), from €203,924 to €170,733
- Trade debts -€17,538
down €17,538 (-23.4%), from €74,983 to €57,445
- Tax, wage and social debts +€6,063
new in 2025: €6,063
- Gross operating margin -€98,636
down €98,636, from €76,963 to -€21,673
- Other operating charges +€1,570
up €1,570 (+121.6%), from €1,291 to €2,861
- Financial charges -€1,353
down €1,353 (-13.6%), from €9,953 to €8,600
- Financial income -€841
down €841 (-63.6%), from €1,321 to €480
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 | €514,256 | €468,173 | -€46,082 | -9.0% |
| Fixed assets | 21/28 | €663 | €3,177 | +€2,514 | +379.4% |
| Tangible fixed assets | 22/27 | €663 | €3,177 | +€2,514 | +379.4% |
| Plant, machinery and equipment | 23 | €663 | €3,177 | +€2,514 | +379.4% |
| Current assets | 29/58 | €513,593 | €464,996 | -€48,597 | -9.5% |
| Stocks and contracts in progress | 3 | €299,307 | €297,102 | -€2,204 | -0.7% |
| Stocks | 30/36 | €299,307 | €297,102 | -€2,204 | -0.7% |
| Amounts receivable within one year | 40/41 | €104,729 | €122,264 | +€17,535 | +16.7% |
| Trade receivables | 40 | €99,608 | €122,207 | +€22,599 | +22.7% |
| Other amounts receivable | 41 | €5,121 | €57 | -€5,064 | -98.9% |
| Cash at bank and in hand | 54/58 | €109,557 | €45,630 | -€63,927 | -58.4% |
| Total equity and liabilities | 10/49 | €514,256 | €468,173 | -€46,082 | -9.0% |
| Equity | 10/15 | €225,924 | €192,733 | -€33,190 | -14.7% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €203,924 | €170,733 | -€33,190 | -16.3% |
| Amounts payable | 17/49 | €288,332 | €275,440 | -€12,892 | -4.5% |
| Amounts payable after more than one year | 17 | €20,000 | €20,000 | = | 0.0% |
| Other amounts payable | 178/9 | €20,000 | €20,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €262,515 | €251,028 | -€11,487 | -4.4% |
| Financial debts | 43 | €125,000 | €125,000 | = | 0.0% |
| Credit institutions | 430/8 | €125,000 | €125,000 | = | 0.0% |
| Trade debts | 44 | €74,983 | €57,445 | -€17,538 | -23.4% |
| Suppliers | 440/4 | €74,983 | €57,445 | -€17,538 | -23.4% |
| Advances received on contracts in progress | 46 | €762 | €840 | +€78 | +10.2% |
| Taxes, remuneration and social security | 45 | - | €6,063 | +€6,063 | |
| Taxes | 450/3 | - | €6,063 | +€6,063 | |
| Other amounts payable | 47/48 | €61,770 | €61,680 | -€90 | -0.1% |
| Accrued charges and deferred income | 492/3 | €5,817 | €4,412 | -€1,405 | -24.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €936 | €537 | -€400 | -42.7% |
| Other operating charges | 640/8 | €1,291 | €2,861 | +€1,570 | +121.6% |
| Gross operating margin | 9900 | €76,963 | -€21,673 | -€98,636 | |
| Operating profit (loss) | 9901 | €74,736 | -€25,071 | -€99,807 | |
| Financial income | 75/76B | €1,321 | €480 | -€841 | -63.6% |
| Recurring financial income | 75 | €1,321 | €480 | -€841 | -63.6% |
| Financial charges | 65/66B | €9,953 | €8,600 | -€1,353 | -13.6% |
| Recurring financial charges | 65 | €9,953 | €8,600 | -€1,353 | -13.6% |
| Profit (loss) for the period before taxes | 9903 | €66,104 | -€33,190 | -€99,295 | |
| Profit (loss) for the period | 9904 | €66,104 | -€33,190 | -€99,295 | |
| Profit (loss) for the period to be appropriated | 9905 | €66,104 | -€33,190 | -€99,295 |
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 5 October 2026 via checked.be.