W8 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.
W8 Solutions
Largest movements
- Current investments +€15,305
up €15,305 (+11.3%), from €135,746 to €151,051
- Cash +€10,145
up €10,145 (+8.8%), from €115,684 to €125,829
mainly Net result for the year (+€13,807) and Accrued charges and deferred income (+€10,312)
- Receivables within one year -€4,916
down €4,916 (-45.4%), from €10,824 to €5,908
of which Trade receivables: -€6,752
- Deferred charges and accrued income +€4,913
up €4,913 (+171%), from €2,870 to €7,783
- Tangible fixed assets -€3,541
down €3,541 (-9.9%), from €35,773 to €32,232
of which Land and buildings: -€2,285
- Reserves +€13,807
up €13,807 (+6.5%), from €213,833 to €227,640
of which Distributable reserves: +€13,807
- Accrued charges and deferred income +€10,312
up €10,312 (+555%), from €1,859 to €12,172
- Tax, wage and social debts -€5,121
down €5,121 (-54.0%), from €9,490 to €4,369
- Gross operating margin -€39,142
down €39,142 (-61.1%), from €64,099 to €24,957
- Financial charges -€17,807
down €17,807 (-80.2%), from €22,190 to €4,383
- Taxes -€5,862
down €5,862 (-48.3%), from €12,135 to €6,274
- Financial income +€2,225
up €2,225 (+151%), from €1,475 to €3,700
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 | €301,083 | €322,804 | +€21,720 | +7.2% |
| Fixed assets | 21/28 | €35,959 | €32,232 | -€3,727 | -10.4% |
| Tangible fixed assets | 22/27 | €35,773 | €32,232 | -€3,541 | -9.9% |
| Land and buildings | 22 | €32,587 | €30,302 | -€2,285 | -7.0% |
| Furniture and vehicles | 24 | €3,186 | €1,930 | -€1,256 | -39.4% |
| Financial fixed assets | 28 | €186 | - | -€186 | |
| Current assets | 29/58 | €265,124 | €290,571 | +€25,447 | +9.6% |
| Amounts receivable within one year | 40/41 | €10,824 | €5,908 | -€4,916 | -45.4% |
| Trade receivables | 40 | €10,824 | €4,071 | -€6,752 | -62.4% |
| Other amounts receivable | 41 | - | €1,836 | +€1,836 | |
| Current investments | 50/53 | €135,746 | €151,051 | +€15,305 | +11.3% |
| Cash at bank and in hand | 54/58 | €115,684 | €125,829 | +€10,145 | +8.8% |
| Deferred charges and accrued income | 490/1 | €2,870 | €7,783 | +€4,913 | +171% |
| Total equity and liabilities | 10/49 | €301,083 | €322,804 | +€21,720 | +7.2% |
| Equity | 10/15 | €232,548 | €246,356 | +€13,807 | +5.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €213,833 | €227,640 | +€13,807 | +6.5% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €81 | €81 | = | 0.0% |
| Distributable reserves | 133 | €211,891 | €225,699 | +€13,807 | +6.5% |
| Profit (loss) carried forward | 14 | €116 | €116 | = | 0.0% |
| Amounts payable | 17/49 | €68,535 | €76,448 | +€7,913 | +11.5% |
| Amounts payable within one year | 42/48 | €66,676 | €64,276 | -€2,399 | -3.6% |
| Trade debts | 44 | €1,106 | €3,688 | +€2,581 | +233% |
| Suppliers | 440/4 | €1,106 | €3,688 | +€2,581 | +233% |
| Taxes, remuneration and social security | 45 | €9,490 | €4,369 | -€5,121 | -54.0% |
| Taxes | 450/3 | €9,490 | €4,369 | -€5,121 | -54.0% |
| Other amounts payable | 47/48 | €56,079 | €56,219 | +€140 | +0.3% |
| Accrued charges and deferred income | 492/3 | €1,859 | €12,172 | +€10,312 | +555% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,461 | €3,541 | +€80 | +2.3% |
| Other operating charges | 640/8 | €643 | €653 | +€10 | +1.5% |
| Gross operating margin | 9900 | €64,099 | €24,957 | -€39,142 | -61.1% |
| Operating profit (loss) | 9901 | €59,995 | €20,764 | -€39,232 | -65.4% |
| Financial income | 75/76B | €1,475 | €3,700 | +€2,225 | +151% |
| Recurring financial income | 75 | €1,475 | €3,700 | +€2,225 | +151% |
| Financial charges | 65/66B | €22,190 | €4,383 | -€17,807 | -80.2% |
| Recurring financial charges | 65 | €22,190 | €4,383 | -€17,807 | -80.2% |
| Profit (loss) for the period before taxes | 9903 | €39,280 | €20,081 | -€19,200 | -48.9% |
| Income taxes | 67/77 | €12,135 | €6,274 | -€5,862 | -48.3% |
| Profit (loss) for the period | 9904 | €27,145 | €13,807 | -€13,338 | -49.1% |
| Profit (loss) for the period to be appropriated | 9905 | €27,145 | €13,807 | -€13,338 | -49.1% |
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.