W Avocat: 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 Avocat
Largest movements
- Cash -€15,077
down €15,077 (-75.2%), from €20,041 to €4,964
mainly Debts after one year (-€51,003) and Contributions, distributions and other (-€20,000)
- Receivables within one year -€10,845
down €10,845 (-37.1%), from €29,200 to €18,355
of which Other amounts receivable: -€6,903
- Debts after one year -€51,003
down €51,003 (-98.9%), from €51,574 to €571
- Profit (loss) carried forward +€41,987
up €41,987 (+17.8%), from €236,432 to €278,419
- Other debts +€12,533
up €12,533 (+147%), from €8,500 to €21,033
- Tax, wage and social debts -€11,405
down €11,405 (-26.6%), from €42,890 to €31,485
of which Taxes: -€11,405
- Trade debts -€11,143
down €11,143 (-92.5%), from €12,046 to €903
- Gross operating margin -€17,014
down €17,014 (-15.3%), from €111,495 to €94,481
- Taxes -€8,508
down €8,508 (-27.6%), from €30,842 to €22,334
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 | €418,166 | €389,553 | -€28,613 | -6.8% |
| Fixed assets | 21/28 | €367,840 | €365,734 | -€2,106 | -0.6% |
| Tangible fixed assets | 22/27 | €17,840 | €15,734 | -€2,106 | -11.8% |
| Furniture and vehicles | 24 | €3,197 | €3,003 | -€194 | -6.1% |
| Other tangible fixed assets | 26 | €14,643 | €12,731 | -€1,912 | -13.1% |
| Financial fixed assets | 28 | €350,000 | €350,000 | = | 0.0% |
| Current assets | 29/58 | €50,326 | €23,819 | -€26,507 | -52.7% |
| Amounts receivable within one year | 40/41 | €29,200 | €18,355 | -€10,845 | -37.1% |
| Trade receivables | 40 | €22,297 | €18,355 | -€3,942 | -17.7% |
| Other amounts receivable | 41 | €6,903 | - | -€6,903 | |
| Cash at bank and in hand | 54/58 | €20,041 | €4,964 | -€15,077 | -75.2% |
| Deferred charges and accrued income | 490/1 | €1,085 | €500 | -€585 | -53.9% |
| Total equity and liabilities | 10/49 | €418,166 | €389,553 | -€28,613 | -6.8% |
| Equity | 10/15 | €242,432 | €284,419 | +€41,987 | +17.3% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €236,432 | €278,419 | +€41,987 | +17.8% |
| Amounts payable | 17/49 | €175,734 | €105,134 | -€70,600 | -40.2% |
| Amounts payable after more than one year | 17 | €51,574 | €571 | -€51,003 | -98.9% |
| Financial debts | 170/4 | €51,574 | €571 | -€51,003 | -98.9% |
| Amounts payable within one year | 42/48 | €123,962 | €104,424 | -€19,538 | -15.8% |
| Current portion of amounts payable after more than one year | 42 | €54,641 | €51,003 | -€3,638 | -6.7% |
| Financial debts | 43 | €5,885 | - | -€5,885 | |
| Credit institutions | 430/8 | €5,885 | - | -€5,885 | |
| Trade debts | 44 | €12,046 | €903 | -€11,143 | -92.5% |
| Suppliers | 440/4 | €12,046 | €903 | -€11,143 | -92.5% |
| Taxes, remuneration and social security | 45 | €42,890 | €31,485 | -€11,405 | -26.6% |
| Taxes | 450/3 | €40,390 | €28,985 | -€11,405 | -28.2% |
| Remuneration and social security | 454/9 | €2,500 | €2,500 | = | 0.0% |
| Other amounts payable | 47/48 | €8,500 | €21,033 | +€12,533 | +147% |
| Accrued charges and deferred income | 492/3 | €198 | €139 | -€59 | -29.8% |
| Non-recurring operating income | 76A | €27,761 | - | -€27,761 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,172 | €3,468 | +€296 | +9.3% |
| Other operating charges | 640/8 | €624 | €790 | +€166 | +26.6% |
| Gross operating margin | 9900 | €111,495 | €94,481 | -€17,014 | -15.3% |
| Operating profit (loss) | 9901 | €107,699 | €90,223 | -€17,476 | -16.2% |
| Financial income | 75/76B | €177 | - | -€177 | |
| Recurring financial income | 75 | €177 | - | -€177 | |
| Financial charges | 65/66B | €5,488 | €5,902 | +€414 | +7.5% |
| Recurring financial charges | 65 | €5,488 | €5,902 | +€414 | +7.5% |
| Profit (loss) for the period before taxes | 9903 | €102,388 | €84,321 | -€18,067 | -17.6% |
| Income taxes | 67/77 | €30,842 | €22,334 | -€8,508 | -27.6% |
| Profit (loss) for the period | 9904 | €71,546 | €61,987 | -€9,559 | -13.4% |
| Profit (loss) for the period to be appropriated | 9905 | €71,546 | €61,987 | -€9,559 | -13.4% |
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 19 October 2026 via checked.be.