HET WACHTHUIS: 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.
HET WACHTHUIS
Largest movements
- Receivables within one year +€8,656
up €8,656 (+115%), from €7,510 to €16,166
- Trade debts +€67,289
up €67,289 (+28,517%), from €236 to €67,525
- Profit (loss) carried forward -€62,591
down €62,591, from €44,159 to -€18,432
- Debts after one year +€3,750
new in 2025: €3,750
- Tax, wage and social debts +€1,098
up €1,098 (+5.9%), from €18,679 to €19,777
of which Remuneration and social security: +€1,707
- Gross operating margin -€291,884
down €291,884 (-88.1%), from €331,251 to €39,367
- Purchases and services +€65,489
up €65,489 (+239%), from €27,374 to €92,863
- Staff costs -€24,983
down €24,983 (-19.9%), from €125,823 to €100,840
- Turnover -€9,029
down €9,029 (-45.9%), from €19,652 to €10,623
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 | €63,074 | €72,619 | +€9,546 | +15.1% |
| Current assets | 29/58 | €63,074 | €72,619 | +€9,546 | +15.1% |
| Amounts receivable within one year | 40/41 | €7,510 | €16,166 | +€8,656 | +115% |
| Trade receivables | 40 | €7,510 | €16,166 | +€8,656 | +115% |
| Cash at bank and in hand | 54/58 | €4,754 | €4,982 | +€228 | +4.8% |
| Deferred charges and accrued income | 490/1 | €50,810 | €51,471 | +€662 | +1.3% |
| Total equity and liabilities | 10/49 | €63,074 | €72,619 | +€9,546 | +15.1% |
| Equity | 10/15 | €44,159 | -€18,432 | -€62,591 | |
| Profit (loss) carried forward | 14 | €44,159 | -€18,432 | -€62,591 | |
| Amounts payable | 17/49 | €18,915 | €91,052 | +€72,137 | +381% |
| Amounts payable after more than one year | 17 | - | €3,750 | +€3,750 | |
| Financial debts | 170/4 | - | €3,750 | +€3,750 | |
| Amounts payable within one year | 42/48 | €18,915 | €87,302 | +€68,387 | +362% |
| Trade debts | 44 | €236 | €67,525 | +€67,289 | +28,517% |
| Suppliers | 440/4 | €236 | €67,525 | +€67,289 | +28,517% |
| Taxes, remuneration and social security | 45 | €18,679 | €19,777 | +€1,098 | +5.9% |
| Taxes | 450/3 | €3,315 | €2,707 | -€609 | -18.4% |
| Remuneration and social security | 454/9 | €15,363 | €17,070 | +€1,707 | +11.1% |
| Turnover | 70 | €19,652 | €10,623 | -€9,029 | -45.9% |
| Membership fees, donations, legacies and grants | 73 | €337,413 | €113,466 | -€223,948 | -66.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €27,374 | €92,863 | +€65,489 | +239% |
| Remuneration, social security and pensions | 62 | €125,823 | €100,840 | -€24,983 | -19.9% |
| Other operating charges | 640/8 | €264 | €1,055 | +€791 | +299% |
| Gross operating margin | 9900 | €331,251 | €39,367 | -€291,884 | -88.1% |
| Operating profit (loss) | 9901 | €205,164 | -€62,529 | -€267,692 | |
| Financial income | 75/76B | €9 | €12 | +€4 | +44.2% |
| Recurring financial income | 75 | €9 | €12 | +€4 | +44.2% |
| Financial charges | 65/66B | €168 | €75 | -€93 | -55.5% |
| Recurring financial charges | 65 | €168 | €75 | -€93 | -55.5% |
| Profit (loss) for the period before taxes | 9903 | €205,004 | -€62,591 | -€267,595 | |
| Profit (loss) for the period | 9904 | €205,004 | -€62,591 | -€267,595 | |
| Profit (loss) for the period to be appropriated | 9905 | €205,004 | -€62,591 | -€267,595 |
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 22 October 2026 via checked.be.