GLAZENWASSERIJ WERNER: what changed
You see two financial years side by side: what moved most in the balance sheet and the result, why the result rose or fell and where the money went.
GLAZENWASSERIJ WERNER
Largest movements
- Tangible fixed assets -€11,015
down €11,015 (-28.8%), from €38,187 to €27,173
of which Leasing and similar rights: -€7,079
- Cash +€8,661
up €8,661 (+12.0%), from €72,286 to €80,948
mainly Depreciation (+€11,654) and Net result for the year (+€9,021)
- Debts after one year -€5,510
down €5,510 (-30.2%), from €18,258 to €12,747
- Tax, wage and social debts +€3,333
up €3,333 (+54.2%), from €6,151 to €9,484
of which Remuneration and social security: +€2,176
- Current portion of long-term debt -€2,134
down €2,134 (-27.9%), from €7,644 to €5,510
- Gross operating margin -€10,031
down €10,031 (-27.2%), from €36,834 to €26,804
- Taxes -€2,688
down €2,688 (-40.7%), from €6,611 to €3,922
- Other operating charges -€2,489
down €2,489 (-71.6%), from €3,478 to €989
- Depreciation +€2,414
up €2,414 (+26.1%), from €9,241 to €11,654
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €135,020 | €131,412 | -€3,608 | -2.7% |
| Fixed assets | 21/28 | €38,187 | €27,173 | -€11,015 | -28.8% |
| Tangible fixed assets | 22/27 | €38,187 | €27,173 | -€11,015 | -28.8% |
| Plant, machinery and equipment | 23 | €2,352 | €2,253 | -€99 | -4.2% |
| Furniture and vehicles | 24 | €4,077 | €240 | -€3,837 | -94.1% |
| Leasing and similar rights | 25 | €31,759 | €24,680 | -€7,079 | -22.3% |
| Current assets | 29/58 | €96,833 | €104,240 | +€7,407 | +7.6% |
| Amounts receivable within one year | 40/41 | €22,494 | €21,319 | -€1,175 | -5.2% |
| Trade receivables | 40 | €21,853 | €21,263 | -€590 | -2.7% |
| Other amounts receivable | 41 | €641 | €56 | -€585 | -91.3% |
| Cash at bank and in hand | 54/58 | €72,286 | €80,948 | +€8,661 | +12.0% |
| Deferred charges and accrued income | 490/1 | €2,052 | €1,973 | -€79 | -3.9% |
| Total equity and liabilities | 10/49 | €135,020 | €131,412 | -€3,608 | -2.7% |
| Equity | 10/15 | €91,471 | €92,491 | +€1,020 | +1.1% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €60,984 | €62,004 | +€1,020 | +1.7% |
| Distributable reserves | 133 | €60,984 | €62,004 | +€1,020 | +1.7% |
| Profit (loss) carried forward | 14 | €11,896 | €11,896 | = | 0.0% |
| Amounts payable | 17/49 | €43,549 | €38,921 | -€4,628 | -10.6% |
| Amounts payable after more than one year | 17 | €18,258 | €12,747 | -€5,510 | -30.2% |
| Financial debts | 170/4 | €18,258 | €12,747 | -€5,510 | -30.2% |
| Amounts payable within one year | 42/48 | €25,291 | €26,174 | +€882 | +3.5% |
| Current portion of amounts payable after more than one year | 42 | €7,644 | €5,510 | -€2,134 | -27.9% |
| Trade debts | 44 | €975 | €658 | -€317 | -32.5% |
| Suppliers | 440/4 | €975 | €658 | -€317 | -32.5% |
| Taxes, remuneration and social security | 45 | €6,151 | €9,484 | +€3,333 | +54.2% |
| Taxes | 450/3 | €1,611 | €2,768 | +€1,157 | +71.8% |
| Remuneration and social security | 454/9 | €4,540 | €6,716 | +€2,176 | +47.9% |
| Other amounts payable | 47/48 | €10,521 | €10,521 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,241 | €11,654 | +€2,414 | +26.1% |
| Other operating charges | 640/8 | €3,478 | €989 | -€2,489 | -71.6% |
| Gross operating margin | 9900 | €36,834 | €26,804 | -€10,031 | -27.2% |
| Operating profit (loss) | 9901 | €24,116 | €14,160 | -€9,956 | -41.3% |
| Financial income | 75/76B | €0 | €5 | +€5 | +2,096% |
| Recurring financial income | 75 | €0 | €5 | +€5 | +2,096% |
| Financial charges | 65/66B | €1,203 | €1,222 | +€20 | +1.6% |
| Recurring financial charges | 65 | €1,203 | €1,222 | +€20 | +1.6% |
| Profit (loss) for the period before taxes | 9903 | €22,913 | €12,943 | -€9,970 | -43.5% |
| Income taxes | 67/77 | €6,611 | €3,922 | -€2,688 | -40.7% |
| Profit (loss) for the period | 9904 | €16,303 | €9,021 | -€7,282 | -44.7% |
| Profit (loss) for the period to be appropriated | 9905 | €16,303 | €9,021 | -€7,282 | -44.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.