W-COMPANY: what changed
W-COMPANY
Largest movements
- Receivables within one year +€63,256
up €63,256 (+87.4%), from €72,350 to €135,606
of which Trade receivables: +€56,584
- Cash +€12,883
up €12,883 (+244%), from €5,274 to €18,156
mainly Net result for the year (+€90,156) and Tax, wage and social debts (+€26,563)
- Tangible fixed assets -€3,383
down €3,383 (-46.9%), from €7,215 to €3,832
- Profit (loss) carried forward +€90,156
up €90,156, from -€10,261 to €79,895
- Other debts -€44,679
down €44,679 (-73.0%), from €61,192 to €16,513
- Tax, wage and social debts +€26,563
up €26,563 (+335%), from €7,923 to €34,485
- Gross operating margin +€127,036
up €127,036, from -€4,674 to €122,363
- Taxes +€28,006
up €28,006 (+7,574%), from €370 to €28,376
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €89,413 | €161,452 | +€72,040 | +80.6% |
| Fixed assets | 21/28 | €7,215 | €3,832 | -€3,383 | -46.9% |
| Tangible fixed assets | 22/27 | €7,215 | €3,832 | -€3,383 | -46.9% |
| Furniture and vehicles | 24 | €7,215 | €3,832 | -€3,383 | -46.9% |
| Current assets | 29/58 | €82,197 | €157,620 | +€75,423 | +91.8% |
| Stocks and contracts in progress | 3 | €3,685 | €3,485 | -€200 | -5.4% |
| Stocks | 30/36 | €3,685 | €3,485 | -€200 | -5.4% |
| Amounts receivable within one year | 40/41 | €72,350 | €135,606 | +€63,256 | +87.4% |
| Trade receivables | 40 | €72,310 | €128,894 | +€56,584 | +78.3% |
| Other amounts receivable | 41 | €40 | €6,712 | +€6,672 | +16,681% |
| Cash at bank and in hand | 54/58 | €5,274 | €18,156 | +€12,883 | +244% |
| Deferred charges and accrued income | 490/1 | €889 | €373 | -€516 | -58.1% |
| Total equity and liabilities | 10/49 | €89,413 | €161,452 | +€72,040 | +80.6% |
| Equity | 10/15 | €20,298 | €110,454 | +€90,156 | +444% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €11,959 | €11,959 | = | 0.0% |
| Distributable reserves | 133 | €11,959 | €11,959 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,261 | €79,895 | +€90,156 | |
| Amounts payable | 17/49 | €69,115 | €50,999 | -€18,116 | -26.2% |
| Amounts payable within one year | 42/48 | €69,115 | €50,999 | -€18,116 | -26.2% |
| Taxes, remuneration and social security | 45 | €7,923 | €34,485 | +€26,563 | +335% |
| Taxes | 450/3 | €7,923 | €34,485 | +€26,563 | +335% |
| Other amounts payable | 47/48 | €61,192 | €16,513 | -€44,679 | -73.0% |
| Non-recurring operating income | 76A | €7,959 | - | -€7,959 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,115 | €3,383 | -€731 | -17.8% |
| Other operating charges | 640/8 | €354 | €379 | +€25 | +7.2% |
| Gross operating margin | 9900 | -€4,674 | €122,363 | +€127,036 | |
| Operating profit (loss) | 9901 | -€9,142 | €118,600 | +€127,742 | |
| Financial income | 75/76B | €12 | €51 | +€39 | +334% |
| Recurring financial income | 75 | €12 | €51 | +€39 | +334% |
| Financial charges | 65/66B | €280 | €119 | -€161 | -57.4% |
| Recurring financial charges | 65 | €280 | €119 | -€161 | -57.4% |
| Profit (loss) for the period before taxes | 9903 | -€9,410 | €118,532 | +€127,942 | |
| Income taxes | 67/77 | €370 | €28,376 | +€28,006 | +7,574% |
| Profit (loss) for the period | 9904 | -€9,780 | €90,156 | +€99,936 | |
| Profit (loss) for the period to be appropriated | 9905 | -€9,780 | €90,156 | +€99,936 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.