CW SERVICES: 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.
CW SERVICES
Largest movements
- Cash +€40,690
up €40,690 (+56.3%), from €72,275 to €112,966
mainly Net result for the year (+€27,720) and Depreciation (+€5,553)
- Tangible fixed assets -€5,559
down €5,559 (-79.5%), from €6,990 to €1,432
of which Furniture and vehicles: -€4,589
- Receivables within one year -€5,071
down €5,071 (-73.6%), from €6,891 to €1,820
- Reserves +€25,036
up €25,036 (+36.1%), from €69,408 to €94,444
- Other debts +€4,253
up €4,253 (+243%), from €1,753 to €6,006
- Tax, wage and social debts +€1,292
up €1,292 (+21.3%), from €6,076 to €7,368
of which Taxes: +€4,968
- Gross operating margin +€14,721
up €14,721 (+45.6%), from €32,250 to €46,971
- Taxes +€5,833
up €5,833 (+82.7%), from €7,057 to €12,890
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 | €87,350 | €117,304 | +€29,954 | +34.3% |
| Fixed assets | 21/28 | €6,990 | €1,432 | -€5,559 | -79.5% |
| Tangible fixed assets | 22/27 | €6,990 | €1,432 | -€5,559 | -79.5% |
| Plant, machinery and equipment | 23 | €1,859 | €889 | -€970 | -52.2% |
| Furniture and vehicles | 24 | €5,132 | €543 | -€4,589 | -89.4% |
| Current assets | 29/58 | €80,360 | €115,872 | +€35,512 | +44.2% |
| Amounts receivable within one year | 40/41 | €6,891 | €1,820 | -€5,071 | -73.6% |
| Other amounts receivable | 41 | €6,891 | €1,820 | -€5,071 | -73.6% |
| Cash at bank and in hand | 54/58 | €72,275 | €112,966 | +€40,690 | +56.3% |
| Deferred charges and accrued income | 490/1 | €1,194 | €1,087 | -€107 | -9.0% |
| Total equity and liabilities | 10/49 | €87,350 | €117,304 | +€29,954 | +34.3% |
| Equity | 10/15 | €75,541 | €100,644 | +€25,103 | +33.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Contributions outside capital | 11 | - | €6,200 | +€6,200 | |
| Other | 1109/19 | - | €6,200 | +€6,200 | |
| Reserves | 13 | €69,408 | €94,444 | +€25,036 | +36.1% |
| Distributable reserves | 133 | €69,408 | €94,444 | +€25,036 | +36.1% |
| Profit (loss) carried forward | 14 | -€67 | - | +€67 | |
| Amounts payable | 17/49 | €11,809 | €16,660 | +€4,851 | +41.1% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €11,809 | €16,660 | +€4,851 | +41.1% |
| Current portion of amounts payable after more than one year | 42 | €898 | - | -€898 | |
| Trade debts | 44 | €3,082 | €3,286 | +€204 | +6.6% |
| Suppliers | 440/4 | €3,082 | €3,286 | +€204 | +6.6% |
| Taxes, remuneration and social security | 45 | €6,076 | €7,368 | +€1,292 | +21.3% |
| Taxes | 450/3 | €2,400 | €7,368 | +€4,968 | +207% |
| Remuneration and social security | 454/9 | €3,676 | - | -€3,676 | |
| Other amounts payable | 47/48 | €1,753 | €6,006 | +€4,253 | +243% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,553 | €5,553 | = | 0.0% |
| Other operating charges | 640/8 | €1,169 | €1,064 | -€105 | -9.0% |
| Non-recurring operating charges | 66A | €348 | - | -€348 | |
| Gross operating margin | 9900 | €32,250 | €46,971 | +€14,721 | +45.6% |
| Operating profit (loss) | 9901 | €25,181 | €40,354 | +€15,174 | +60.3% |
| Financial income | 75/76B | €456 | €421 | -€34 | -7.5% |
| Recurring financial income | 75 | €456 | €421 | -€34 | -7.5% |
| Financial charges | 65/66B | €344 | €166 | -€178 | -51.8% |
| Recurring financial charges | 65 | €344 | €166 | -€178 | -51.8% |
| Profit (loss) for the period before taxes | 9903 | €25,292 | €40,610 | +€15,317 | +60.6% |
| Income taxes | 67/77 | €7,057 | €12,890 | +€5,833 | +82.7% |
| Profit (loss) for the period | 9904 | €18,235 | €27,720 | +€9,485 | +52.0% |
| Profit (loss) for the period to be appropriated | 9905 | €18,235 | €27,720 | +€9,485 | +52.0% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.