W 66: 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.
W 66
Largest movements
- Tangible fixed assets -€21,379
down €21,379 (-19.6%), from €109,037 to €87,658
of which Land and buildings: -€23,572
- Receivables within one year -€3,495
down €3,495 (-34.7%), from €10,073 to €6,577
of which Trade receivables: -€3,653
- Debts after one year -€31,914
down €31,914 (-24.1%), from €132,173 to €100,259
- Tax, wage and social debts +€3,665
up €3,665 (+83.6%), from €4,381 to €8,046
of which Taxes: +€3,637
- Gross operating margin -€11,310
down €11,310 (-11.0%), from €102,488 to €91,178
- Other operating charges +€4,215
up €4,215 (+54.1%), from €7,785 to €12,000
- Financial charges -€2,065
down €2,065 (-19.8%), from €10,451 to €8,386
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 | €233,863 | €206,938 | -€26,926 | -11.5% |
| Fixed assets | 21/28 | €109,037 | €87,658 | -€21,379 | -19.6% |
| Tangible fixed assets | 22/27 | €109,037 | €87,658 | -€21,379 | -19.6% |
| Land and buildings | 22 | €108,175 | €84,602 | -€23,572 | -21.8% |
| Furniture and vehicles | 24 | €863 | €3,056 | +€2,193 | +254% |
| Current assets | 29/58 | €124,826 | €119,279 | -€5,547 | -4.4% |
| Amounts receivable within one year | 40/41 | €10,073 | €6,577 | -€3,495 | -34.7% |
| Trade receivables | 40 | €7,607 | €3,953 | -€3,653 | -48.0% |
| Other amounts receivable | 41 | €2,466 | €2,624 | +€158 | +6.4% |
| Cash at bank and in hand | 54/58 | €112,783 | €110,647 | -€2,136 | -1.9% |
| Deferred charges and accrued income | 490/1 | €1,971 | €2,055 | +€85 | +4.3% |
| Total equity and liabilities | 10/49 | €233,863 | €206,938 | -€26,926 | -11.5% |
| Equity | 10/15 | €54,852 | €55,069 | +€218 | +0.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €36,252 | €36,469 | +€218 | +0.6% |
| Distributable reserves | 133 | €36,252 | €36,469 | +€218 | +0.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €179,012 | €151,868 | -€27,143 | -15.2% |
| Amounts payable after more than one year | 17 | €132,173 | €100,259 | -€31,914 | -24.1% |
| Financial debts | 170/4 | €132,173 | €100,259 | -€31,914 | -24.1% |
| Amounts payable within one year | 42/48 | €46,839 | €51,610 | +€4,771 | +10.2% |
| Current portion of amounts payable after more than one year | 42 | €30,254 | €31,914 | +€1,660 | +5.5% |
| Trade debts | 44 | €12,203 | €11,650 | -€553 | -4.5% |
| Suppliers | 440/4 | €12,203 | €11,650 | -€553 | -4.5% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €4,381 | €8,046 | +€3,665 | +83.6% |
| Taxes | 450/3 | €3,615 | €7,252 | +€3,637 | +101% |
| Remuneration and social security | 454/9 | €766 | €794 | +€27 | +3.6% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €8,413 | €8,752 | +€339 | +4.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,372 | €24,580 | +€208 | +0.9% |
| Other operating charges | 640/8 | €7,785 | €12,000 | +€4,215 | +54.1% |
| Gross operating margin | 9900 | €102,488 | €91,178 | -€11,310 | -11.0% |
| Operating profit (loss) | 9901 | €61,918 | €45,846 | -€16,071 | -26.0% |
| Financial income | 75/76B | €1,187 | €786 | -€401 | -33.8% |
| Recurring financial income | 75 | €1,187 | €786 | -€401 | -33.8% |
| Financial charges | 65/66B | €10,451 | €8,386 | -€2,065 | -19.8% |
| Recurring financial charges | 65 | €10,451 | €8,386 | -€2,065 | -19.8% |
| Profit (loss) for the period before taxes | 9903 | €52,654 | €38,246 | -€14,407 | -27.4% |
| Income taxes | 67/77 | €3,615 | €3,637 | +€22 | +0.6% |
| Profit (loss) for the period | 9904 | €49,039 | €34,609 | -€14,430 | -29.4% |
| Profit (loss) for the period to be appropriated | 9905 | €49,039 | €34,609 | -€14,430 | -29.4% |
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 14 October 2026 via checked.be.