W-SERVICE: 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-SERVICE
Largest movements
- Cash +€160,971
up €160,971 (+309%), from €52,159 to €213,130
mainly Current investments (+€115,000) and Other debts (+€72,934)
- Current investments -€115,000
down €115,000 (-100%), from €115,000 to €0
- Tangible fixed assets -€10,016
down €10,016 (-55.4%), from €18,084 to €8,068
of which Furniture and vehicles: -€9,458
- Receivables within one year +€3,607
up €3,607 (+30.3%), from €11,912 to €15,519
of which Other amounts receivable: +€4,660
- Other debts +€72,934
up €72,934 (+440%), from €16,566 to €89,500
- Reserves -€28,866
down €28,866 (-17.8%), from €161,727 to €132,861
- Tax, wage and social debts -€5,904
down €5,904 (-99.9%), from €5,913 to €9
- Debts after one year -€3,823
down €3,823 (-100%), from €3,823 to €0
- Trade debts +€3,142
up €3,142 (+128%), from €2,459 to €5,601
- Gross operating margin +€5,382
up €5,382 (+9.1%), from €59,184 to €64,566
- Taxes -€3,535
down €3,535 (-24.2%), from €14,592 to €11,057
- Depreciation +€3,155
up €3,155 (+46.0%), from €6,861 to €10,016
- Financial charges +€981
up €981 (+44.9%), from €2,183 to €3,164
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 | €198,578 | €238,019 | +€39,441 | +19.9% |
| Fixed assets | 21/28 | €18,084 | €8,068 | -€10,016 | -55.4% |
| Tangible fixed assets | 22/27 | €18,084 | €8,068 | -€10,016 | -55.4% |
| Plant, machinery and equipment | 23 | €1,955 | €1,396 | -€559 | -28.6% |
| Furniture and vehicles | 24 | €16,130 | €6,672 | -€9,458 | -58.6% |
| Current assets | 29/58 | €180,494 | €229,951 | +€49,457 | +27.4% |
| Amounts receivable within one year | 40/41 | €11,912 | €15,519 | +€3,607 | +30.3% |
| Trade receivables | 40 | €11,879 | €10,827 | -€1,053 | -8.9% |
| Other amounts receivable | 41 | €32 | €4,693 | +€4,660 | +14,383% |
| Current investments | 50/53 | €115,000 | €0 | -€115,000 | -100% |
| Cash at bank and in hand | 54/58 | €52,159 | €213,130 | +€160,971 | +309% |
| Deferred charges and accrued income | 490/1 | €1,423 | €1,301 | -€122 | -8.5% |
| Total equity and liabilities | 10/49 | €198,578 | €238,019 | +€39,441 | +19.9% |
| Equity | 10/15 | €162,727 | €133,861 | -€28,866 | -17.7% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €161,727 | €132,861 | -€28,866 | -17.8% |
| Distributable reserves | 133 | €161,727 | €132,861 | -€28,866 | -17.8% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €35,851 | €104,158 | +€68,307 | +191% |
| Amounts payable after more than one year | 17 | €3,823 | €0 | -€3,823 | -100% |
| Financial debts | 170/4 | €3,823 | €0 | -€3,823 | -100% |
| Amounts payable within one year | 42/48 | €30,612 | €101,933 | +€71,321 | +233% |
| Current portion of amounts payable after more than one year | 42 | €5,675 | €3,823 | -€1,851 | -32.6% |
| Financial debts | 43 | - | €3,000 | +€3,000 | |
| Credit institutions | 430/8 | - | €3,000 | +€3,000 | |
| Trade debts | 44 | €2,459 | €5,601 | +€3,142 | +128% |
| Suppliers | 440/4 | €2,459 | €5,601 | +€3,142 | +128% |
| Taxes, remuneration and social security | 45 | €5,913 | €9 | -€5,904 | -99.9% |
| Taxes | 450/3 | €5,913 | €9 | -€5,904 | -99.9% |
| Other amounts payable | 47/48 | €16,566 | €89,500 | +€72,934 | +440% |
| Accrued charges and deferred income | 492/3 | €1,416 | €2,225 | +€809 | +57.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,861 | €10,016 | +€3,155 | +46.0% |
| Other operating charges | 640/8 | €232 | €62 | -€170 | -73.3% |
| Gross operating margin | 9900 | €59,184 | €64,566 | +€5,382 | +9.1% |
| Operating profit (loss) | 9901 | €52,091 | €54,488 | +€2,397 | +4.6% |
| Financial income | 75/76B | €2,444 | €2,948 | +€504 | +20.6% |
| Recurring financial income | 75 | €2,444 | €2,948 | +€504 | +20.6% |
| Financial charges | 65/66B | €2,183 | €3,164 | +€981 | +44.9% |
| Recurring financial charges | 65 | €2,183 | €3,164 | +€981 | +44.9% |
| Profit (loss) for the period before taxes | 9903 | €52,352 | €54,272 | +€1,920 | +3.7% |
| Income taxes | 67/77 | €14,592 | €11,057 | -€3,535 | -24.2% |
| Profit (loss) for the period | 9904 | €37,760 | €43,215 | +€5,455 | +14.4% |
| Profit (loss) for the period to be appropriated | 9905 | €37,760 | €43,215 | +€5,455 | +14.4% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.