W-Tech IT Solutions: 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 IT Solutions
Largest movements
- Cash +€40,248
up €40,248 (+271%), from €14,861 to €55,110
mainly Net result for the year (+€74,310) and Receivables within one year (+€40,102)
- Receivables within one year -€40,102
down €40,102 (-60.2%), from €66,670 to €26,567
of which Other amounts receivable: -€51,952
- Deferred charges and accrued income +€5,386
new in 2025: €5,386
- Tangible fixed assets -€884
down €884 (-59.5%), from €1,486 to €602
- Tax, wage and social debts +€12,620
up €12,620 (+71.9%), from €17,545 to €30,165
of which Taxes: +€13,916
- Profit (loss) carried forward -€9,851
down €9,851 (-16.5%), from €59,651 to €49,801
- Trade debts +€1,878
up €1,878 (+80.9%), from €2,321 to €4,199
- Gross operating margin +€67,412
up €67,412 (+175%), from €38,572 to €105,985
- Taxes +€14,176
up €14,176 (+192%), from €7,385 to €21,561
- Staff costs -€2,800
down €2,800 (-27.6%), from €10,135 to €7,334
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 | €83,017 | €87,665 | +€4,648 | +5.6% |
| Fixed assets | 21/28 | €1,486 | €602 | -€884 | -59.5% |
| Tangible fixed assets | 22/27 | €1,486 | €602 | -€884 | -59.5% |
| Furniture and vehicles | 24 | €1,486 | €602 | -€884 | -59.5% |
| Current assets | 29/58 | €81,531 | €87,063 | +€5,532 | +6.8% |
| Amounts receivable within one year | 40/41 | €66,670 | €26,567 | -€40,102 | -60.2% |
| Trade receivables | 40 | €14,718 | €26,567 | +€11,850 | +80.5% |
| Other amounts receivable | 41 | €51,952 | - | -€51,952 | |
| Cash at bank and in hand | 54/58 | €14,861 | €55,110 | +€40,248 | +271% |
| Deferred charges and accrued income | 490/1 | - | €5,386 | +€5,386 | |
| Total equity and liabilities | 10/49 | €83,017 | €87,665 | +€4,648 | +5.6% |
| Equity | 10/15 | €63,151 | €53,301 | -€9,851 | -15.6% |
| Contributions | 10/11 | €3,500 | €3,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €59,651 | €49,801 | -€9,851 | -16.5% |
| Amounts payable | 17/49 | €19,866 | €34,364 | +€14,498 | +73.0% |
| Amounts payable within one year | 42/48 | €19,866 | €34,364 | +€14,498 | +73.0% |
| Trade debts | 44 | €2,321 | €4,199 | +€1,878 | +80.9% |
| Suppliers | 440/4 | €2,321 | €4,199 | +€1,878 | +80.9% |
| Taxes, remuneration and social security | 45 | €17,545 | €30,165 | +€12,620 | +71.9% |
| Taxes | 450/3 | €14,148 | €28,064 | +€13,916 | +98.4% |
| Remuneration and social security | 454/9 | €3,397 | €2,101 | -€1,296 | -38.2% |
| Remuneration, social security and pensions | 62 | €10,135 | €7,334 | -€2,800 | -27.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €896 | €884 | -€12 | -1.3% |
| Other operating charges | 640/8 | €979 | €1,274 | +€295 | +30.2% |
| Gross operating margin | 9900 | €38,572 | €105,985 | +€67,412 | +175% |
| Operating profit (loss) | 9901 | €26,563 | €96,493 | +€69,929 | +263% |
| Financial charges | 65/66B | €489 | €622 | +€133 | +27.1% |
| Recurring financial charges | 65 | €489 | €622 | +€133 | +27.1% |
| Profit (loss) for the period before taxes | 9903 | €26,074 | €95,871 | +€69,797 | +268% |
| Income taxes | 67/77 | €7,385 | €21,561 | +€14,176 | +192% |
| Profit (loss) for the period | 9904 | €18,689 | €74,310 | +€55,621 | +298% |
| Profit (loss) for the period to be appropriated | 9905 | €18,689 | €74,310 | +€55,621 | +298% |
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 15 October 2026 via checked.be.