'T WASSERKE: 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.
'T WASSERKE
Largest movements
- Cash +€20,681
up €20,681 (+43.4%), from €47,654 to €68,335
mainly Depreciation (+€14,018) and Tax, wage and social debts (+€9,674)
- Receivables within one year -€8,095
down €8,095 (-15.5%), from €52,286 to €44,191
- Tangible fixed assets +€7,859
up €7,859 (+24.9%), from €31,605 to €39,463
of which Furniture and vehicles: +€9,348
- Tax, wage and social debts +€9,674
up €9,674 (+27.9%), from €34,629 to €44,303
of which Remuneration and social security: +€9,603
- Debts after one year +€8,213
up €8,213 (+84.2%), from €9,754 to €17,967
- Current portion of long-term debt +€4,135
up €4,135 (+71.0%), from €5,821 to €9,956
- Profit (loss) carried forward -€2,981
down €2,981 (-32.8%), from -€9,079 to -€12,060
- Trade debts +€2,030
up €2,030 (+16.0%), from €12,654 to €14,685
- Gross operating margin +€87,419
up €87,419 (+37.5%), from €232,978 to €320,397
- Staff costs +€79,210
up €79,210 (+34.6%), from €228,850 to €308,060
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 | €134,928 | €155,819 | +€20,892 | +15.5% |
| Fixed assets | 21/28 | €31,605 | €39,463 | +€7,859 | +24.9% |
| Tangible fixed assets | 22/27 | €31,605 | €39,463 | +€7,859 | +24.9% |
| Plant, machinery and equipment | 23 | €12,035 | €10,545 | -€1,489 | -12.4% |
| Furniture and vehicles | 24 | €19,570 | €28,918 | +€9,348 | +47.8% |
| Current assets | 29/58 | €103,323 | €116,356 | +€13,033 | +12.6% |
| Amounts receivable within one year | 40/41 | €52,286 | €44,191 | -€8,095 | -15.5% |
| Trade receivables | 40 | €52,286 | €44,191 | -€8,095 | -15.5% |
| Cash at bank and in hand | 54/58 | €47,654 | €68,335 | +€20,681 | +43.4% |
| Deferred charges and accrued income | 490/1 | €3,383 | €3,830 | +€447 | +13.2% |
| Total equity and liabilities | 10/49 | €134,928 | €155,819 | +€20,892 | +15.5% |
| Equity | 10/15 | €68,352 | €65,371 | -€2,981 | -4.4% |
| Contributions | 10/11 | €11,600 | €11,600 | = | 0.0% |
| Reserves | 13 | €65,831 | €65,831 | = | 0.0% |
| Distributable reserves | 133 | €65,831 | €65,831 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,079 | -€12,060 | -€2,981 | -32.8% |
| Amounts payable | 17/49 | €66,576 | €90,448 | +€23,872 | +35.9% |
| Amounts payable after more than one year | 17 | €9,754 | €17,967 | +€8,213 | +84.2% |
| Financial debts | 170/4 | €9,754 | €17,967 | +€8,213 | +84.2% |
| Amounts payable within one year | 42/48 | €56,822 | €72,481 | +€15,659 | +27.6% |
| Current portion of amounts payable after more than one year | 42 | €5,821 | €9,956 | +€4,135 | +71.0% |
| Trade debts | 44 | €12,654 | €14,685 | +€2,030 | +16.0% |
| Suppliers | 440/4 | €12,654 | €14,685 | +€2,030 | +16.0% |
| Taxes, remuneration and social security | 45 | €34,629 | €44,303 | +€9,674 | +27.9% |
| Taxes | 450/3 | €6,545 | €6,616 | +€71 | +1.1% |
| Remuneration and social security | 454/9 | €28,083 | €37,686 | +€9,603 | +34.2% |
| Other amounts payable | 47/48 | €3,717 | €3,537 | -€180 | -4.8% |
| Remuneration, social security and pensions | 62 | €228,850 | €308,060 | +€79,210 | +34.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,483 | €14,018 | +€1,535 | +12.3% |
| Gross operating margin | 9900 | €232,978 | €320,397 | +€87,419 | +37.5% |
| Operating profit (loss) | 9901 | -€8,354 | -€1,681 | +€6,674 | +79.9% |
| Financial income | 75/76B | €124 | €4 | -€120 | -97.0% |
| Recurring financial income | 75 | €124 | €4 | -€120 | -97.0% |
| Financial charges | 65/66B | €849 | €1,304 | +€455 | +53.6% |
| Recurring financial charges | 65 | €849 | €1,304 | +€455 | +53.6% |
| Profit (loss) for the period before taxes | 9903 | -€9,079 | -€2,981 | +€6,098 | +67.2% |
| Profit (loss) for the period | 9904 | -€9,079 | -€2,981 | +€6,098 | +67.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,079 | -€2,981 | +€6,098 | +67.2% |
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 24 October 2026 via checked.be.