W.S. TECHNOLOGY: 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. TECHNOLOGY
Largest movements
- Cash +€51,875
up €51,875 (+51.4%), from €100,850 to €152,725
mainly Net result for the year (+€80,851) and Depreciation (+€3,556)
- Tangible fixed assets -€3,556
down €3,556 (-46.7%), from €7,613 to €4,056
- Profit (loss) carried forward +€80,851
new in 2025: €80,851
- Tax, wage and social debts -€23,337
down €23,337 (-75.4%), from €30,967 to €7,630
of which Taxes: -€21,187
- Other debts -€6,529
down €6,529 (-37.9%), from €17,241 to €10,711
- Accrued charges and deferred income -€3,519
down €3,519 (-32.1%), from €10,950 to €7,431
- Taxes -€5,718
down €5,718 (-20.5%), from €27,898 to €22,180
- Gross operating margin +€4,530
up €4,530 (+4.4%), from €102,057 to €106,587
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.
Cash bridge derived
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 | €135,566 | €183,280 | +€47,714 | +35.2% |
| Fixed assets | 21/28 | €7,613 | €4,056 | -€3,556 | -46.7% |
| Tangible fixed assets | 22/27 | €7,613 | €4,056 | -€3,556 | -46.7% |
| Furniture and vehicles | 24 | €7,613 | €4,056 | -€3,556 | -46.7% |
| Current assets | 29/58 | €127,954 | €179,224 | +€51,270 | +40.1% |
| Amounts receivable within one year | 40/41 | €27,104 | €26,499 | -€605 | -2.2% |
| Trade receivables | 40 | €27,104 | €26,499 | -€605 | -2.2% |
| Cash at bank and in hand | 54/58 | €100,850 | €152,725 | +€51,875 | +51.4% |
| Total equity and liabilities | 10/49 | €135,566 | €183,280 | +€47,714 | +35.2% |
| Equity | 10/15 | €76,103 | €156,953 | +€80,851 | +106.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €71,103 | €71,103 | = | 0.0% |
| Distributable reserves | 133 | €71,103 | €71,103 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €80,851 | +€80,851 | |
| Amounts payable | 17/49 | €59,464 | €26,327 | -€33,137 | -55.7% |
| Amounts payable within one year | 42/48 | €48,514 | €18,896 | -€29,618 | -61.0% |
| Trade debts | 44 | €307 | €555 | +€249 | +81.1% |
| Suppliers | 440/4 | €307 | €555 | +€249 | +81.1% |
| Taxes, remuneration and social security | 45 | €30,967 | €7,630 | -€23,337 | -75.4% |
| Taxes | 450/3 | €28,817 | €7,630 | -€21,187 | -73.5% |
| Remuneration and social security | 454/9 | €2,150 | - | -€2,150 | |
| Other amounts payable | 47/48 | €17,241 | €10,711 | -€6,529 | -37.9% |
| Accrued charges and deferred income | 492/3 | €10,950 | €7,431 | -€3,519 | -32.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,057 | €3,556 | +€500 | +16.4% |
| Gross operating margin | 9900 | €102,057 | €106,587 | +€4,530 | +4.4% |
| Operating profit (loss) | 9901 | €99,001 | €103,030 | +€4,030 | +4.1% |
| Profit (loss) for the period before taxes | 9903 | €99,001 | €103,030 | +€4,030 | +4.1% |
| Income taxes | 67/77 | €27,898 | €22,180 | -€5,718 | -20.5% |
| Profit (loss) for the period | 9904 | €71,103 | €80,851 | +€9,748 | +13.7% |
| Profit (loss) for the period to be appropriated | 9905 | €71,103 | €80,851 | +€9,748 | +13.7% |
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 11 October 2026 via checked.be.