W-SERVICES: what changed
Two fiscal 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-SERVICES
Largest movements
- Deferred charges and accrued income +€4,818
up €4,818 (+157.8%), from €3,053 to €7,871
- Receivables within one year +€4,224
up €4,224 (+44.8%), from €9,434 to €13,658
of which Trade receivables: +€4,355
- Cash -€3,332
down €3,332 (-77.5%), from €4,298 to €966
mainly Deferred charges and accrued income (-€4,818) and Receivables within one year (-€4,224)
- Tangible fixed assets -€1,301
down €1,301 (-73.2%), from €1,779 to €477
- Trade debts +€7,452
up €7,452 (+132.3%), from €5,634 to €13,085
- Profit (loss) carried forward -€1,910
down €1,910 (-18.4%), from -€10,367 to -€12,277
- Other debts -€1,088
down €1,088 (-18.1%), from €6,000 to €4,912
- Gross operating margin -€5,646
down €5,646 (-48.7%), from €11,591 to €5,945
- Write-downs -€1,546
down €1,546 (-100.0%), from €1,546 to €0
- Other operating charges -€692
down €692 (-17.5%), from €3,962 to €3,270
- Taxes -€598
down €598 (-97.2%), from €615 to €17
- Financial charges -€561
down €561 (-14.6%), from €3,839 to €3,278
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 | €20,139 | €24,547 | +€4,408 | +21.9% |
| Fixed assets | 21/28 | €3,354 | €2,052 | -€1,301 | -38.8% |
| Tangible fixed assets | 22/27 | €1,779 | €477 | -€1,301 | -73.2% |
| Furniture and vehicles | 24 | €1,779 | €477 | -€1,301 | -73.2% |
| Financial fixed assets | 28 | €1,575 | €1,575 | = | 0.0% |
| Current assets | 29/58 | €16,785 | €22,495 | +€5,710 | +34.0% |
| Amounts receivable within one year | 40/41 | €9,434 | €13,658 | +€4,224 | +44.8% |
| Trade receivables | 40 | €4,125 | €8,479 | +€4,355 | +105.6% |
| Other amounts receivable | 41 | €5,310 | €5,179 | -€131 | -2.5% |
| Cash at bank and in hand | 54/58 | €4,298 | €966 | -€3,332 | -77.5% |
| Deferred charges and accrued income | 490/1 | €3,053 | €7,871 | +€4,818 | +157.8% |
| Total equity and liabilities | 10/49 | €20,139 | €24,547 | +€4,408 | +21.9% |
| Equity | 10/15 | €8,433 | €6,523 | -€1,910 | -22.6% |
| Contributions | 10/11 | €18,800 | €18,800 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,367 | -€12,277 | -€1,910 | -18.4% |
| Amounts payable | 17/49 | €11,706 | €18,024 | +€6,318 | +54.0% |
| Amounts payable within one year | 42/48 | €11,706 | €18,024 | +€6,318 | +54.0% |
| Financial debts | 43 | €12 | €12 | = | 0.0% |
| Credit institutions | 430/8 | €12 | €12 | = | 0.0% |
| Trade debts | 44 | €5,634 | €13,085 | +€7,452 | +132.3% |
| Suppliers | 440/4 | €5,634 | €13,085 | +€7,452 | +132.3% |
| Taxes, remuneration and social security | 45 | €61 | €15 | -€46 | -75.2% |
| Taxes | 450/3 | €61 | €15 | -€46 | -75.2% |
| Other amounts payable | 47/48 | €6,000 | €4,912 | -€1,088 | -18.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,433 | €1,301 | -€132 | -9.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,546 | €0 | -€1,546 | -100.0% |
| Other operating charges | 640/8 | €3,962 | €3,270 | -€692 | -17.5% |
| Gross operating margin | 9900 | €11,591 | €5,945 | -€5,646 | -48.7% |
| Operating profit (loss) | 9901 | €4,649 | €1,373 | -€3,276 | -70.5% |
| Financial income | 75/76B | €26 | €12 | -€14 | -53.9% |
| Recurring financial income | 75 | €26 | €12 | -€14 | -53.9% |
| Financial charges | 65/66B | €3,839 | €3,278 | -€561 | -14.6% |
| Recurring financial charges | 65 | €3,839 | €3,278 | -€561 | -14.6% |
| Profit (loss) for the period before taxes | 9903 | €836 | -€1,893 | -€2,729 | |
| Income taxes | 67/77 | €615 | €17 | -€598 | -97.2% |
| Profit (loss) for the period | 9904 | €221 | -€1,910 | -€2,131 | |
| Profit (loss) for the period to be appropriated | 9905 | €221 | -€1,910 | -€2,131 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.