GREGORY WATHELET TRADING: 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.
GREGORY WATHELET TRADING
Largest movements
- Cash +€17,478
up €17,478 (+74.3%), from €23,536 to €41,014
mainly Net result for the year (+€13,215) and Tax, wage and social debts (+€5,091)
- Reserves +€13,000
up €13,000 (+28.9%), from €45,000 to €58,000
- Tax, wage and social debts +€5,091
new in 2025: €5,091
- Gross operating margin +€19,997
up €19,997, from -€3,137 to €16,860
- Taxes +€5,091
new in 2025: €5,091
- Financial income +€1,278
up €1,278 (+471%), from €272 to €1,550
- Financial charges -€173
down €173 (-62.7%), from €277 to €103
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 | €64,557 | €82,673 | +€18,116 | +28.1% |
| Current assets | 29/58 | €64,557 | €82,673 | +€18,116 | +28.1% |
| Amounts receivable within one year | 40/41 | €41,021 | €41,659 | +€638 | +1.6% |
| Other amounts receivable | 41 | €41,021 | €41,659 | +€638 | +1.6% |
| Cash at bank and in hand | 54/58 | €23,536 | €41,014 | +€17,478 | +74.3% |
| Total equity and liabilities | 10/49 | €64,557 | €82,673 | +€18,116 | +28.1% |
| Equity | 10/15 | €64,303 | €77,518 | +€13,215 | +20.6% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €45,000 | €58,000 | +€13,000 | +28.9% |
| Distributable reserves | 133 | €45,000 | €58,000 | +€13,000 | +28.9% |
| Profit (loss) carried forward | 14 | €9,303 | €9,518 | +€215 | +2.3% |
| Amounts payable | 17/49 | €254 | €5,155 | +€4,901 | +1,929% |
| Amounts payable within one year | 42/48 | €254 | €5,155 | +€4,901 | +1,929% |
| Trade debts | 44 | €254 | €64 | -€190 | -74.8% |
| Suppliers | 440/4 | €254 | €64 | -€190 | -74.8% |
| Taxes, remuneration and social security | 45 | - | €5,091 | +€5,091 | |
| Taxes | 450/3 | - | €5,091 | +€5,091 | |
| Gross operating margin | 9900 | -€3,137 | €16,860 | +€19,997 | |
| Operating profit (loss) | 9901 | -€3,137 | €16,860 | +€19,997 | |
| Financial income | 75/76B | €272 | €1,550 | +€1,278 | +471% |
| Recurring financial income | 75 | €272 | €1,550 | +€1,278 | +471% |
| Financial charges | 65/66B | €277 | €103 | -€173 | -62.7% |
| Recurring financial charges | 65 | €277 | €103 | -€173 | -62.7% |
| Profit (loss) for the period before taxes | 9903 | -€3,142 | €18,306 | +€21,449 | |
| Income taxes | 67/77 | - | €5,091 | +€5,091 | |
| Profit (loss) for the period | 9904 | -€3,142 | €13,215 | +€16,358 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,142 | €13,215 | +€16,358 |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.