GW-Interiors: 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.
GW-Interiors
Largest movements
- Tangible fixed assets +€8,758
up €8,758 (+101%), from €8,644 to €17,402
of which Furniture and vehicles: +€10,833
- Receivables within one year -€7,446
down €7,446 (-26.0%), from €28,613 to €21,167
of which Trade receivables: -€6,722
- Stocks and contracts -€5,217
down €5,217 (-57.0%), from €9,144 to €3,927
- Cash +€3,983
up €3,983 (+78.8%), from €5,052 to €9,034
mainly Other debts (+€11,766) and Receivables within one year (+€7,446)
- Deferred charges and accrued income +€764
up €764 (+348%), from €220 to €983
- Other debts +€11,766
up €11,766 (+102%), from €11,481 to €23,247
- Trade debts -€11,233
down €11,233 (-78.9%), from €14,242 to €3,009
- Current portion of long-term debt +€2,867
up €2,867 (+121%), from €2,378 to €5,245
- Tax, wage and social debts -€1,256
down €1,256 (-19.7%), from €6,373 to €5,117
of which Taxes: -€1,820
- Profit (loss) carried forward -€851
down €851 (-7.1%), from €11,940 to €11,089
- Staff costs -€5,722
down €5,722 (-74.2%), from €7,711 to €1,988
- Taxes +€1,945
up €1,945 (+149%), from €1,304 to €3,249
- Depreciation +€1,866
up €1,866 (+53.7%), from €3,474 to €5,340
- Financial charges +€1,490
up €1,490 (+90.1%), from €1,653 to €3,143
- Gross operating margin -€402
down €402 (-2.7%), from €14,839 to €14,438
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 | €51,672 | €52,514 | +€842 | +1.6% |
| Fixed assets | 21/28 | €8,644 | €17,402 | +€8,758 | +101% |
| Tangible fixed assets | 22/27 | €8,644 | €17,402 | +€8,758 | +101% |
| Plant, machinery and equipment | 23 | €4,081 | €2,006 | -€2,075 | -50.8% |
| Furniture and vehicles | 24 | €4,563 | €15,396 | +€10,833 | +237% |
| Current assets | 29/58 | €43,028 | €35,112 | -€7,916 | -18.4% |
| Stocks and contracts in progress | 3 | €9,144 | €3,927 | -€5,217 | -57.0% |
| Stocks | 30/36 | €9,144 | €3,927 | -€5,217 | -57.0% |
| Amounts receivable within one year | 40/41 | €28,613 | €21,167 | -€7,446 | -26.0% |
| Trade receivables | 40 | €27,202 | €20,480 | -€6,722 | -24.7% |
| Other amounts receivable | 41 | €1,411 | €686 | -€724 | -51.3% |
| Cash at bank and in hand | 54/58 | €5,052 | €9,034 | +€3,983 | +78.8% |
| Deferred charges and accrued income | 490/1 | €220 | €983 | +€764 | +348% |
| Total equity and liabilities | 10/49 | €51,672 | €52,514 | +€842 | +1.6% |
| Equity | 10/15 | €14,940 | €14,089 | -€851 | -5.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,940 | €11,089 | -€851 | -7.1% |
| Amounts payable | 17/49 | €36,732 | €38,425 | +€1,693 | +4.6% |
| Amounts payable after more than one year | 17 | €2,257 | €1,806 | -€451 | -20.0% |
| Financial debts | 170/4 | €2,257 | €1,806 | -€451 | -20.0% |
| Amounts payable within one year | 42/48 | €34,475 | €36,619 | +€2,144 | +6.2% |
| Current portion of amounts payable after more than one year | 42 | €2,378 | €5,245 | +€2,867 | +121% |
| Trade debts | 44 | €14,242 | €3,009 | -€11,233 | -78.9% |
| Suppliers | 440/4 | €14,242 | €3,009 | -€11,233 | -78.9% |
| Taxes, remuneration and social security | 45 | €6,373 | €5,117 | -€1,256 | -19.7% |
| Taxes | 450/3 | €6,373 | €4,554 | -€1,820 | -28.6% |
| Remuneration and social security | 454/9 | - | €563 | +€563 | |
| Other amounts payable | 47/48 | €11,481 | €23,247 | +€11,766 | +102% |
| Non-recurring operating income | 76A | - | €5,321 | +€5,321 | |
| Remuneration, social security and pensions | 62 | €7,711 | €1,988 | -€5,722 | -74.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,474 | €5,340 | +€1,866 | +53.7% |
| Other operating charges | 640/8 | €1,647 | €1,569 | -€78 | -4.7% |
| Gross operating margin | 9900 | €14,839 | €14,438 | -€402 | -2.7% |
| Operating profit (loss) | 9901 | €2,009 | €5,541 | +€3,532 | +176% |
| Financial income | 75/76B | €31 | €0 | -€31 | -99.4% |
| Recurring financial income | 75 | €31 | €0 | -€31 | -99.4% |
| Financial charges | 65/66B | €1,653 | €3,143 | +€1,490 | +90.1% |
| Recurring financial charges | 65 | €1,653 | €3,143 | +€1,490 | +90.1% |
| Profit (loss) for the period before taxes | 9903 | €386 | €2,398 | +€2,012 | +521% |
| Income taxes | 67/77 | €1,304 | €3,249 | +€1,945 | +149% |
| Profit (loss) for the period | 9904 | -€918 | -€851 | +€66 | +7.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€918 | -€851 | +€66 | +7.2% |
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 26 October 2026 via checked.be.