DE WESTMOLEN: 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 WESTMOLEN
Largest movements
- Cash +€14,680
up €14,680 (+46.1%), from €31,873 to €46,553
mainly Net result for the year (+€22,416) and Current investments (+€4,880)
- Current investments -€4,880
down €4,880 (-3.5%), from €138,039 to €133,159
- Reserves +€12,088
up €12,088 (+11.3%), from €107,358 to €119,446
of which Distributable reserves: +€12,088
- Other debts -€2,788
down €2,788 (-21.3%), from €13,100 to €10,312
- Financial income +€11,537
up €11,537 (+14,051%), from €82 to €11,619
- Taxes +€4,642
up €4,642 (+66.6%), from €6,968 to €11,610
- Gross operating margin -€2,915
down €2,915 (-10.0%), from €29,129 to €26,214
- Depreciation -€957
down €957 (-80.8%), from €1,185 to €228
- Financial charges +€878
up €878 (+924%), from €95 to €973
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 | €207,605 | €217,453 | +€9,848 | +4.7% |
| Fixed assets | 21/28 | €35,017 | €34,789 | -€228 | -0.7% |
| Tangible fixed assets | 22/27 | €35,017 | €34,789 | -€228 | -0.7% |
| Land and buildings | 22 | €33,779 | €33,779 | = | 0.0% |
| Other tangible fixed assets | 26 | €1,238 | €1,010 | -€228 | -18.4% |
| Current assets | 29/58 | €172,588 | €182,664 | +€10,076 | +5.8% |
| Amounts receivable within one year | 40/41 | €2,677 | €2,952 | +€276 | +10.3% |
| Other amounts receivable | 41 | €2,677 | €2,952 | +€276 | +10.3% |
| Current investments | 50/53 | €138,039 | €133,159 | -€4,880 | -3.5% |
| Cash at bank and in hand | 54/58 | €31,873 | €46,553 | +€14,680 | +46.1% |
| Total equity and liabilities | 10/49 | €207,605 | €217,453 | +€9,848 | +4.7% |
| Equity | 10/15 | €190,329 | €202,433 | +€12,104 | +6.4% |
| 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 | €107,358 | €119,446 | +€12,088 | +11.3% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €101,158 | €113,246 | +€12,088 | +11.9% |
| Profit (loss) carried forward | 14 | €20,971 | €20,987 | +€16 | +0.1% |
| Amounts payable | 17/49 | €17,276 | €15,020 | -€2,256 | -13.1% |
| Amounts payable within one year | 42/48 | €17,276 | €15,020 | -€2,256 | -13.1% |
| Trade debts | 44 | €1,626 | €1,500 | -€126 | -7.7% |
| Suppliers | 440/4 | €1,626 | €1,500 | -€126 | -7.7% |
| Taxes, remuneration and social security | 45 | €2,550 | €3,208 | +€658 | +25.8% |
| Taxes | 450/3 | €2,550 | €3,208 | +€658 | +25.8% |
| Other amounts payable | 47/48 | €13,100 | €10,312 | -€2,788 | -21.3% |
| Non-recurring operating income | 76A | €250 | €0 | -€250 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,185 | €228 | -€957 | -80.8% |
| Other operating charges | 640/8 | €2,447 | €2,605 | +€159 | +6.5% |
| Gross operating margin | 9900 | €29,129 | €26,214 | -€2,915 | -10.0% |
| Operating profit (loss) | 9901 | €25,496 | €23,380 | -€2,116 | -8.3% |
| Financial income | 75/76B | €82 | €11,619 | +€11,537 | +14,051% |
| Recurring financial income | 75 | €82 | €11,619 | +€11,537 | +14,051% |
| Financial charges | 65/66B | €95 | €973 | +€878 | +924% |
| Recurring financial charges | 65 | €95 | €973 | +€878 | +924% |
| Profit (loss) for the period before taxes | 9903 | €25,483 | €34,026 | +€8,543 | +33.5% |
| Income taxes | 67/77 | €6,968 | €11,610 | +€4,642 | +66.6% |
| Profit (loss) for the period | 9904 | €18,515 | €22,416 | +€3,901 | +21.1% |
| Profit (loss) for the period to be appropriated | 9905 | €18,515 | €22,416 | +€3,901 | +21.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.