DE WAT: 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.
DE WAT
Largest movements
- Tangible fixed assets -€30,681
down €30,681 (-15.9%), from €192,443 to €161,762
- Cash +€15,040
up €15,040 (+30.8%), from €48,905 to €63,945
mainly Depreciation (+€33,395) and Net result for the year (+€4,669)
- Receivables within one year +€12,845
up €12,845 (+664%), from €1,936 to €14,781
of which Other amounts receivable: +€11,226
- Tax, wage and social debts -€6,354
down €6,354 (-88.9%), from €7,151 to €797
- Profit (loss) carried forward +€4,669
new in 2024: €4,669
- Gross operating margin -€39,263
down €39,263 (-52.5%), from €74,852 to €35,589
- Other operating charges -€19,098
down €19,098 (-90.9%), from €21,017 to €1,919
- Taxes -€17,110
down €17,110, from €12,470 to -€4,640
- Depreciation +€14,146
up €14,146 (+73.5%), from €19,249 to €33,395
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €243,458 | €240,488 | -€2,969 | -1.2% |
| Fixed assets | 21/28 | €192,443 | €161,762 | -€30,681 | -15.9% |
| Tangible fixed assets | 22/27 | €192,443 | €161,762 | -€30,681 | -15.9% |
| Land and buildings | 22 | €192,443 | €161,762 | -€30,681 | -15.9% |
| Current assets | 29/58 | €51,015 | €78,727 | +€27,711 | +54.3% |
| Amounts receivable within one year | 40/41 | €1,936 | €14,781 | +€12,845 | +664% |
| Trade receivables | 40 | €1,936 | €3,556 | +€1,620 | +83.7% |
| Other amounts receivable | 41 | - | €11,226 | +€11,226 | |
| Cash at bank and in hand | 54/58 | €48,905 | €63,945 | +€15,040 | +30.8% |
| Deferred charges and accrued income | 490/1 | €174 | - | -€174 | |
| Total equity and liabilities | 10/49 | €243,458 | €240,488 | -€2,969 | -1.2% |
| Equity | 10/15 | €231,029 | €235,697 | +€4,669 | +2.0% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €169,029 | €169,029 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €162,829 | €162,829 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €4,669 | +€4,669 | |
| Amounts payable | 17/49 | €12,429 | €4,791 | -€7,638 | -61.5% |
| Amounts payable within one year | 42/48 | €12,429 | €4,791 | -€7,638 | -61.5% |
| Trade debts | 44 | €5,075 | €3,790 | -€1,284 | -25.3% |
| Suppliers | 440/4 | €5,075 | €3,790 | -€1,284 | -25.3% |
| Taxes, remuneration and social security | 45 | €7,151 | €797 | -€6,354 | -88.9% |
| Taxes | 450/3 | €7,151 | €797 | -€6,354 | -88.9% |
| Other amounts payable | 47/48 | €204 | €204 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,249 | €33,395 | +€14,146 | +73.5% |
| Other operating charges | 640/8 | €21,017 | €1,919 | -€19,098 | -90.9% |
| Gross operating margin | 9900 | €74,852 | €35,589 | -€39,263 | -52.5% |
| Operating profit (loss) | 9901 | €34,586 | €276 | -€34,310 | -99.2% |
| Financial charges | 65/66B | €36 | €247 | +€211 | +585% |
| Recurring financial charges | 65 | €36 | €247 | +€211 | +585% |
| Profit (loss) for the period before taxes | 9903 | €34,550 | €29 | -€34,521 | -99.9% |
| Income taxes | 67/77 | €12,470 | -€4,640 | -€17,110 | |
| Profit (loss) for the period | 9904 | €22,080 | €4,669 | -€17,412 | -78.9% |
| Profit (loss) for the period to be appropriated | 9905 | €22,080 | €4,669 | -€17,412 | -78.9% |
Source: filed annual accounts (NBB), financial years ended 30 June 2023 and 30 June 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.