W-TECH INDUSTRY: 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-TECH INDUSTRY
Largest movements
- Receivables within one year +€28,828
up €28,828 (+34.8%), from €82,735 to €111,563
of which Other amounts receivable: +€32,704
- Cash +€7,171
up €7,171 (+48.3%), from €14,861 to €22,032
mainly Trade debts (+€37,668) and Tax, wage and social debts (+€25,930)
- Tangible fixed assets -€6,716
down €6,716 (-6.2%), from €107,578 to €100,863
of which Furniture and vehicles: -€12,365
- Trade debts +€37,668
up €37,668 (+25.5%), from €147,516 to €185,184
- Tax, wage and social debts +€25,930
up €25,930 (+170%), from €15,254 to €41,184
- Debts after one year -€20,596
down €20,596 (-29.6%), from €69,675 to €49,079
- Profit (loss) carried forward -€15,091
down €15,091 (-86.9%), from -€17,372 to -€32,464
- Gross operating margin +€30,909
up €30,909, from -€28,287 to €2,622
- Other operating charges -€1,061
down €1,061 (-65.5%), from €1,619 to €558
- Financial charges +€511
up €511 (+759%), from €67 to €579
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €236,798 | €265,348 | +€28,551 | +12.1% |
| Fixed assets | 21/28 | €107,748 | €101,033 | -€6,716 | -6.2% |
| Tangible fixed assets | 22/27 | €107,578 | €100,863 | -€6,716 | -6.2% |
| Land and buildings | 22 | €56,258 | €54,936 | -€1,323 | -2.4% |
| Plant, machinery and equipment | 23 | €12,155 | €19,308 | +€7,154 | +58.9% |
| Furniture and vehicles | 24 | €38,528 | €26,163 | -€12,365 | -32.1% |
| Other tangible fixed assets | 26 | €637 | €456 | -€181 | -28.4% |
| Financial fixed assets | 28 | €170 | €170 | = | 0.0% |
| Current assets | 29/58 | €129,049 | €164,316 | +€35,266 | +27.3% |
| Stocks and contracts in progress | 3 | €30,000 | €30,000 | = | 0.0% |
| Stocks | 30/36 | €30,000 | €30,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €82,735 | €111,563 | +€28,828 | +34.8% |
| Trade receivables | 40 | €49,602 | €45,726 | -€3,876 | -7.8% |
| Other amounts receivable | 41 | €33,133 | €65,837 | +€32,704 | +98.7% |
| Cash at bank and in hand | 54/58 | €14,861 | €22,032 | +€7,171 | +48.3% |
| Deferred charges and accrued income | 490/1 | €1,454 | €720 | -€733 | -50.4% |
| Total equity and liabilities | 10/49 | €236,798 | €265,348 | +€28,551 | +12.1% |
| Equity | 10/15 | -€5,458 | -€20,550 | -€15,091 | -276% |
| Contributions | 10/11 | €11,914 | €11,914 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€17,372 | -€32,464 | -€15,091 | -86.9% |
| Amounts payable | 17/49 | €242,256 | €285,898 | +€43,642 | +18.0% |
| Amounts payable after more than one year | 17 | €69,675 | €49,079 | -€20,596 | -29.6% |
| Financial debts | 170/4 | €69,675 | €49,079 | -€20,596 | -29.6% |
| Amounts payable within one year | 42/48 | €172,581 | €236,343 | +€63,762 | +36.9% |
| Current portion of amounts payable after more than one year | 42 | €9,811 | €9,975 | +€164 | +1.7% |
| Trade debts | 44 | €147,516 | €185,184 | +€37,668 | +25.5% |
| Suppliers | 440/4 | €147,516 | €185,184 | +€37,668 | +25.5% |
| Taxes, remuneration and social security | 45 | €15,254 | €41,184 | +€25,930 | +170% |
| Taxes | 450/3 | €15,254 | €41,184 | +€25,930 | +170% |
| Accrued charges and deferred income | 492/3 | - | €476 | +€476 | |
| Non-recurring operating income | 76A | €2,020 | - | -€2,020 | |
| Remuneration, social security and pensions | 62 | - | €12 | +€12 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,861 | €15,905 | +€44 | +0.3% |
| Other operating charges | 640/8 | €1,619 | €558 | -€1,061 | -65.5% |
| Non-recurring operating charges | 66A | - | €63 | +€63 | |
| Gross operating margin | 9900 | -€28,287 | €2,622 | +€30,909 | |
| Operating profit (loss) | 9901 | -€45,768 | -€13,916 | +€31,851 | +69.6% |
| Financial income | 75/76B | €20 | €7 | -€14 | -67.6% |
| Recurring financial income | 75 | €20 | €7 | -€14 | -67.6% |
| Financial charges | 65/66B | €67 | €579 | +€511 | +759% |
| Recurring financial charges | 65 | €67 | €579 | +€511 | +759% |
| Profit (loss) for the period before taxes | 9903 | -€45,815 | -€14,489 | +€31,326 | +68.4% |
| Income taxes | 67/77 | €620 | €603 | -€17 | -2.8% |
| Profit (loss) for the period | 9904 | -€46,435 | -€15,091 | +€31,344 | +67.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€46,435 | -€15,091 | +€31,344 | +67.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.