MWPT: 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.
MWPT
Largest movements
- Stocks and contracts +€5,222
up €5,222 (+449%), from €1,163 to €6,385
- Cash -€3,724
down €3,724 (-27.6%), from €13,513 to €9,789
mainly Net result for the year (-€6,259) and Stocks and contracts (-€5,222)
- Receivables within one year -€2,159
down €2,159 (-67.3%), from €3,207 to €1,047
of which Trade receivables: -€2,332
- Deferred charges and accrued income +€487
up €487 (+158%), from €307 to €795
- Trade debts +€8,432
up €8,432 (+3,484%), from €242 to €8,674
- Profit (loss) carried forward -€6,259
down €6,259 (-222%), from -€2,818 to -€9,077
- Other debts -€2,776
down €2,776 (-9.2%), from €30,090 to €27,314
- Tax, wage and social debts +€353
up €353 (+39.1%), from €903 to €1,256
- Gross operating margin -€3,268
down €3,268, from €385 to -€2,883
- Other operating charges +€640
up €640 (+306%), from €209 to €849
- Depreciation +€478
up €478 (+25.2%), from €1,900 to €2,378
- Financial charges -€376
down €376 (-71.6%), from €525 to €149
- Taxes -€315
no longer reported in 2025 (was €315)
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 | €30,917 | €30,668 | -€249 | -0.8% |
| Fixed assets | 21/28 | €12,728 | €12,652 | -€76 | -0.6% |
| Tangible fixed assets | 22/27 | €8,228 | €8,152 | -€76 | -0.9% |
| Plant, machinery and equipment | 23 | €694 | €1,105 | +€411 | +59.2% |
| Furniture and vehicles | 24 | €1,468 | €831 | -€637 | -43.4% |
| Other tangible fixed assets | 26 | €6,065 | €6,216 | +€150 | +2.5% |
| Financial fixed assets | 28 | €4,500 | €4,500 | = | 0.0% |
| Current assets | 29/58 | €18,189 | €18,016 | -€174 | -1.0% |
| Stocks and contracts in progress | 3 | €1,163 | €6,385 | +€5,222 | +449% |
| Stocks | 30/36 | €1,163 | €6,385 | +€5,222 | +449% |
| Amounts receivable within one year | 40/41 | €3,207 | €1,047 | -€2,159 | -67.3% |
| Trade receivables | 40 | €3,207 | €874 | -€2,332 | -72.7% |
| Other amounts receivable | 41 | - | €173 | +€173 | |
| Cash at bank and in hand | 54/58 | €13,513 | €9,789 | -€3,724 | -27.6% |
| Deferred charges and accrued income | 490/1 | €307 | €795 | +€487 | +158% |
| Total equity and liabilities | 10/49 | €30,917 | €30,668 | -€249 | -0.8% |
| Equity | 10/15 | -€318 | -€6,577 | -€6,259 | -1,967% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,818 | -€9,077 | -€6,259 | -222% |
| Amounts payable | 17/49 | €31,236 | €37,245 | +€6,009 | +19.2% |
| Amounts payable within one year | 42/48 | €31,236 | €37,245 | +€6,009 | +19.2% |
| Trade debts | 44 | €242 | €8,674 | +€8,432 | +3,484% |
| Suppliers | 440/4 | €242 | €8,674 | +€8,432 | +3,484% |
| Taxes, remuneration and social security | 45 | €903 | €1,256 | +€353 | +39.1% |
| Taxes | 450/3 | €903 | €1,256 | +€353 | +39.1% |
| Other amounts payable | 47/48 | €30,090 | €27,314 | -€2,776 | -9.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,900 | €2,378 | +€478 | +25.2% |
| Other operating charges | 640/8 | €209 | €849 | +€640 | +306% |
| Gross operating margin | 9900 | €385 | -€2,883 | -€3,268 | |
| Operating profit (loss) | 9901 | -€1,724 | -€6,109 | -€4,386 | -254% |
| Financial charges | 65/66B | €525 | €149 | -€376 | -71.6% |
| Recurring financial charges | 65 | €525 | €149 | -€376 | -71.6% |
| Profit (loss) for the period before taxes | 9903 | -€2,249 | -€6,259 | -€4,010 | -178% |
| Income taxes | 67/77 | €315 | - | -€315 | |
| Profit (loss) for the period | 9904 | -€2,564 | -€6,259 | -€3,695 | -144% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,564 | -€6,259 | -€3,695 | -144% |
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 19 October 2026 via checked.be.