W & A PARKET: 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 & A PARKET
Largest movements
- Stocks and contracts +€38,215
up €38,215 (+23.6%), from €162,059 to €200,274
of which Stocks: +€31,153
- Receivables within one year +€19,248
up €19,248 (+29.2%), from €65,862 to €85,110
of which Trade receivables: +€29,627
- Cash +€15,684
up €15,684 (+14.1%), from €111,231 to €126,915
mainly Net result for the year (+€93,971) and Advances received (+€13,215)
- Reserves +€93,971
up €93,971 (+22.6%), from €416,660 to €510,631
of which Distributable reserves: +€93,971
- Other debts -€23,319
down €23,319 (-25.9%), from €90,206 to €66,887
- Advances received +€13,215
up €13,215 (+221%), from €5,992 to €19,207
- Gross operating margin +€83,718
up €83,718 (+26.2%), from €319,564 to €403,281
- Taxes +€27,123
up €27,123 (+110%), from €24,722 to €51,845
- Staff costs +€15,631
up €15,631 (+6.8%), from €228,219 to €243,851
- Financial charges -€5,264
down €5,264 (-54.1%), from €9,737 to €4,473
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 | €1,200,128 | €1,277,438 | +€77,310 | +6.4% |
| Fixed assets | 21/28 | €43,191 | €40,578 | -€2,613 | -6.1% |
| Tangible fixed assets | 22/27 | €43,066 | €40,553 | -€2,513 | -5.8% |
| Plant, machinery and equipment | 23 | €12,096 | €11,589 | -€507 | -4.2% |
| Furniture and vehicles | 24 | €19,928 | €18,893 | -€1,035 | -5.2% |
| Other tangible fixed assets | 26 | €11,042 | €10,071 | -€972 | -8.8% |
| Financial fixed assets | 28 | €125 | €25 | -€100 | -80.0% |
| Current assets | 29/58 | €1,156,937 | €1,236,861 | +€79,924 | +6.9% |
| Stocks and contracts in progress | 3 | €162,059 | €200,274 | +€38,215 | +23.6% |
| Stocks | 30/36 | €111,338 | €142,491 | +€31,153 | +28.0% |
| Contracts in progress | 37 | €50,722 | €57,783 | +€7,062 | +13.9% |
| Amounts receivable within one year | 40/41 | €65,862 | €85,110 | +€19,248 | +29.2% |
| Trade receivables | 40 | €54,349 | €83,976 | +€29,627 | +54.5% |
| Other amounts receivable | 41 | €11,513 | €1,134 | -€10,379 | -90.1% |
| Current investments | 50/53 | €806,267 | €812,896 | +€6,629 | +0.8% |
| Cash at bank and in hand | 54/58 | €111,231 | €126,915 | +€15,684 | +14.1% |
| Deferred charges and accrued income | 490/1 | €11,518 | €11,665 | +€147 | +1.3% |
| Total equity and liabilities | 10/49 | €1,200,128 | €1,277,438 | +€77,310 | +6.4% |
| Equity | 10/15 | €1,004,505 | €1,098,476 | +€93,971 | +9.4% |
| Contributions | 10/11 | €190,000 | €190,000 | = | 0.0% |
| Capital | 10 | €190,000 | €190,000 | = | 0.0% |
| Issued capital | 100 | €190,000 | €190,000 | = | 0.0% |
| Reserves | 13 | €416,660 | €510,631 | +€93,971 | +22.6% |
| Non-distributable reserves | 130/1 | €25,120 | €25,120 | = | 0.0% |
| Legal reserve | 130 | €25,120 | €25,120 | = | 0.0% |
| Tax-exempt reserves | 132 | €118 | €118 | = | 0.0% |
| Distributable reserves | 133 | €391,422 | €485,394 | +€93,971 | +24.0% |
| Profit (loss) carried forward | 14 | €397,845 | €397,845 | = | 0.0% |
| Provisions and deferred taxes | 16 | €26,136 | €26,136 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €26,136 | €26,136 | = | 0.0% |
| Pensions and similar obligations | 160 | €26,136 | €26,136 | = | 0.0% |
| Amounts payable | 17/49 | €169,487 | €152,826 | -€16,661 | -9.8% |
| Amounts payable within one year | 42/48 | €160,893 | €149,907 | -€10,986 | -6.8% |
| Trade debts | 44 | €25,923 | €33,887 | +€7,964 | +30.7% |
| Suppliers | 440/4 | €25,923 | €33,887 | +€7,964 | +30.7% |
| Advances received on contracts in progress | 46 | €5,992 | €19,207 | +€13,215 | +221% |
| Taxes, remuneration and social security | 45 | €38,771 | €29,925 | -€8,846 | -22.8% |
| Taxes | 450/3 | €14,745 | €18,369 | +€3,625 | +24.6% |
| Remuneration and social security | 454/9 | €24,026 | €11,556 | -€12,470 | -51.9% |
| Other amounts payable | 47/48 | €90,206 | €66,887 | -€23,319 | -25.9% |
| Accrued charges and deferred income | 492/3 | €8,595 | €2,919 | -€5,675 | -66.0% |
| Non-recurring operating income | 76A | - | €413 | +€413 | |
| Remuneration, social security and pensions | 62 | €228,219 | €243,851 | +€15,631 | +6.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,425 | €12,171 | +€746 | +6.5% |
| Other operating charges | 640/8 | €5,614 | €6,593 | +€979 | +17.4% |
| Gross operating margin | 9900 | €319,564 | €403,281 | +€83,718 | +26.2% |
| Operating profit (loss) | 9901 | €74,305 | €140,667 | +€66,362 | +89.3% |
| Financial income | 75/76B | €12,936 | €9,622 | -€3,314 | -25.6% |
| Recurring financial income | 75 | €12,936 | €9,622 | -€3,314 | -25.6% |
| Financial charges | 65/66B | €9,737 | €4,473 | -€5,264 | -54.1% |
| Recurring financial charges | 65 | €9,737 | €4,473 | -€5,264 | -54.1% |
| Profit (loss) for the period before taxes | 9903 | €77,505 | €145,816 | +€68,311 | +88.1% |
| Income taxes | 67/77 | €24,722 | €51,845 | +€27,123 | +110% |
| Profit (loss) for the period | 9904 | €52,783 | €93,971 | +€41,188 | +78.0% |
| Profit (loss) for the period to be appropriated | 9905 | €52,783 | €93,971 | +€41,188 | +78.0% |
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 27 October 2026 via checked.be.