MW IMPACT: 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.
MW IMPACT
Largest movements
- Cash +€3,050
up €3,050 (+89.5%), from €3,408 to €6,458
mainly Net result for the year (+€2,215) and Trade debts (+€1,654)
- Reserves +€2,215
up €2,215 (+367%), from €603 to €2,818
- Trade debts +€1,654
up €1,654 (+142%), from €1,166 to €2,820
- Tax, wage and social debts -€786
down €786 (-23.8%), from €3,307 to €2,521
- Gross operating margin +€2,875
up €2,875 (+112%), from €2,568 to €5,444
- Taxes +€720
up €720 (+116%), from €619 to €1,339
- Financial charges +€504
up €504 (+65.1%), from €774 to €1,278
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 | €10,130 | €13,213 | +€3,083 | +30.4% |
| Current assets | 29/58 | €10,130 | €13,213 | +€3,083 | +30.4% |
| Amounts receivable within one year | 40/41 | €6,722 | €6,644 | -€78 | -1.2% |
| Trade receivables | 40 | €6,722 | €6,383 | -€339 | -5.0% |
| Other amounts receivable | 41 | - | €261 | +€261 | |
| Cash at bank and in hand | 54/58 | €3,408 | €6,458 | +€3,050 | +89.5% |
| Deferred charges and accrued income | 490/1 | - | €111 | +€111 | |
| Total equity and liabilities | 10/49 | €10,130 | €13,213 | +€3,083 | +30.4% |
| Equity | 10/15 | €3,603 | €5,818 | +€2,215 | +61.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €603 | €2,818 | +€2,215 | +367% |
| Distributable reserves | 133 | €603 | €2,818 | +€2,215 | +367% |
| Amounts payable | 17/49 | €6,527 | €7,395 | +€868 | +13.3% |
| Amounts payable within one year | 42/48 | €6,527 | €7,395 | +€868 | +13.3% |
| Trade debts | 44 | €1,166 | €2,820 | +€1,654 | +142% |
| Suppliers | 440/4 | €1,166 | €2,820 | +€1,654 | +142% |
| Taxes, remuneration and social security | 45 | €3,307 | €2,521 | -€786 | -23.8% |
| Taxes | 450/3 | €3,307 | €2,521 | -€786 | -23.8% |
| Other amounts payable | 47/48 | €2,054 | €2,054 | = | 0.0% |
| Other operating charges | 640/8 | €573 | €612 | +€39 | +6.9% |
| Gross operating margin | 9900 | €2,568 | €5,444 | +€2,875 | +112% |
| Operating profit (loss) | 9901 | €1,996 | €4,832 | +€2,836 | +142% |
| Financial charges | 65/66B | €774 | €1,278 | +€504 | +65.1% |
| Recurring financial charges | 65 | €774 | €1,278 | +€504 | +65.1% |
| Profit (loss) for the period before taxes | 9903 | €1,222 | €3,554 | +€2,332 | +191% |
| Income taxes | 67/77 | €619 | €1,339 | +€720 | +116% |
| Profit (loss) for the period | 9904 | €603 | €2,215 | +€1,612 | +267% |
| Profit (loss) for the period to be appropriated | 9905 | €603 | €2,215 | +€1,612 | +267% |
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 16 October 2026 via checked.be.