W.S ENTERPRISES: 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.S ENTERPRISES
Largest movements
- Cash -€3,620
down €3,620 (-57.0%), from €6,350 to €2,730
mainly Net result for the year (-€23,136) and Receivables within one year (-€1,768)
- Receivables within one year +€1,768
up €1,768 (+178%), from €991 to €2,759
of which Other amounts receivable: +€891
- Stocks and contracts -€526
down €526 (-7.4%), from €7,131 to €6,605
- Intangible fixed assets -€167
down €167 (-52.3%), from €319 to €152
- Tangible fixed assets -€167
down €167 (-52.3%), from €319 to €152
- Profit (loss) carried forward -€15,746
down €15,746 (-741%), from -€2,125 to -€17,871
- Contributions +€6,000
up €6,000 (+81.1%), from €7,400 to €13,400
- Tax, wage and social debts +€5,755
up €5,755 (+226%), from €2,544 to €8,300
of which Remuneration and social security: +€5,412
- Trade debts +€2,278
up €2,278 (+36.2%), from €6,291 to €8,569
- Other debts -€999
no longer reported in 2025 (was €999)
- Turnover -€38,976
down €38,976 (-14.1%), from €275,928 to €236,951
- Purchases and services -€32,216
down €32,216 (-12.3%), from €262,263 to €230,047
- Staff costs +€14,397
up €14,397 (+97.1%), from €14,821 to €29,218
- Gross operating margin -€6,154
down €6,154 (-40.8%), from €15,083 to €8,928
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 | €15,109 | €12,398 | -€2,712 | -17.9% |
| Fixed assets | 21/28 | €637 | €304 | -€333 | -52.3% |
| Intangible fixed assets | 21 | €319 | €152 | -€167 | -52.3% |
| Tangible fixed assets | 22/27 | €319 | €152 | -€167 | -52.3% |
| Furniture and vehicles | 24 | €319 | €152 | -€167 | -52.3% |
| Current assets | 29/58 | €14,472 | €12,094 | -€2,378 | -16.4% |
| Stocks and contracts in progress | 3 | €7,131 | €6,605 | -€526 | -7.4% |
| Stocks | 30/36 | €7,131 | €6,605 | -€526 | -7.4% |
| Amounts receivable within one year | 40/41 | €991 | €2,759 | +€1,768 | +178% |
| Trade receivables | 40 | €19 | €895 | +€876 | +4,636% |
| Other amounts receivable | 41 | €972 | €1,864 | +€891 | +91.7% |
| Cash at bank and in hand | 54/58 | €6,350 | €2,730 | -€3,620 | -57.0% |
| Total equity and liabilities | 10/49 | €15,109 | €12,398 | -€2,712 | -17.9% |
| Equity | 10/15 | €5,275 | -€4,471 | -€9,746 | |
| Contributions | 10/11 | €7,400 | €13,400 | +€6,000 | +81.1% |
| Profit (loss) carried forward | 14 | -€2,125 | -€17,871 | -€15,746 | -741% |
| Amounts payable | 17/49 | €9,835 | €16,869 | +€7,034 | +71.5% |
| Amounts payable within one year | 42/48 | €9,835 | €16,869 | +€7,034 | +71.5% |
| Trade debts | 44 | €6,291 | €8,569 | +€2,278 | +36.2% |
| Suppliers | 440/4 | €6,291 | €8,569 | +€2,278 | +36.2% |
| Taxes, remuneration and social security | 45 | €2,544 | €8,300 | +€5,755 | +226% |
| Taxes | 450/3 | €132 | €476 | +€343 | +260% |
| Remuneration and social security | 454/9 | €2,412 | €7,824 | +€5,412 | +224% |
| Other amounts payable | 47/48 | €999 | - | -€999 | |
| Turnover | 70 | €275,928 | €236,951 | -€38,976 | -14.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €262,263 | €230,047 | -€32,216 | -12.3% |
| Remuneration, social security and pensions | 62 | €14,821 | €29,218 | +€14,397 | +97.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €363 | €333 | -€29 | -8.1% |
| Other operating charges | 640/8 | €1,844 | €435 | -€1,409 | -76.4% |
| Gross operating margin | 9900 | €15,083 | €8,928 | -€6,154 | -40.8% |
| Operating profit (loss) | 9901 | -€1,944 | -€21,057 | -€19,113 | -983% |
| Financial income | 75/76B | €0 | €1 | +€1 | +3,400% |
| Recurring financial income | 75 | €0 | €1 | +€1 | +3,400% |
| Financial charges | 65/66B | €181 | €2,079 | +€1,899 | +1,050% |
| Recurring financial charges | 65 | €181 | €2,079 | +€1,899 | +1,050% |
| Profit (loss) for the period before taxes | 9903 | -€2,125 | -€23,136 | -€21,011 | -989% |
| Profit (loss) for the period | 9904 | -€2,125 | -€23,136 | -€21,011 | -989% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,125 | -€23,136 | -€21,011 | -989% |
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 1 November 2026 via checked.be.