WARNOTTE DIFFUSION: 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.
WARNOTTE DIFFUSION
Largest movements
- Stocks and contracts -€3,651
down €3,651 (-7.6%), from €47,958 to €44,308
- Cash +€2,900
up €2,900 (+131.1%), from €2,212 to €5,112
mainly Stocks and contracts (+€3,651) and Net result for the year (+€2,716)
- Profit (loss) carried forward +€2,716
up €2,716 (+2.1%), from -€127,684 to -€124,969
- Trade debts -€2,564
down €2,564 (-9.1%), from €28,171 to €25,607
- Tax, wage and social debts -€1,725
down €1,725 (-90.1%), from €1,914 to €189
- Other debts -€1,277
down €1,277 (-1.0%), from €127,251 to €125,974
- Short-term financial debts +€1,263
up €1,263 (+4.7%), from €26,675 to €27,938
- Gross operating margin +€7,276
up €7,276 (+33.6%), from €21,623 to €28,899
- Staff costs +€1,050
up €1,050 (+7.1%), from €14,771 to €15,822
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 | €74,919 | €73,331 | -€1,587 | -2.1% |
| Fixed assets | 21/28 | €15,678 | €15,584 | -€94 | -0.6% |
| Tangible fixed assets | 22/27 | €15,678 | €15,584 | -€94 | -0.6% |
| Land and buildings | 22 | €15,395 | €15,395 | = | 0.0% |
| Plant, machinery and equipment | 23 | €283 | €189 | -€94 | -33.3% |
| Current assets | 29/58 | €59,241 | €57,748 | -€1,493 | -2.5% |
| Stocks and contracts in progress | 3 | €47,958 | €44,308 | -€3,651 | -7.6% |
| Stocks | 30/36 | €47,958 | €44,308 | -€3,651 | -7.6% |
| Amounts receivable within one year | 40/41 | €9,070 | €8,328 | -€742 | -8.2% |
| Trade receivables | 40 | €8,635 | €8,145 | -€490 | -5.7% |
| Other amounts receivable | 41 | €435 | €183 | -€252 | -57.9% |
| Cash at bank and in hand | 54/58 | €2,212 | €5,112 | +€2,900 | +131.1% |
| Total equity and liabilities | 10/49 | €74,919 | €73,331 | -€1,587 | -2.1% |
| Equity | 10/15 | -€109,092 | -€106,377 | +€2,716 | +2.5% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Contributions outside capital | 11 | €18,592 | - | -€18,592 | |
| Other | 1109/19 | €18,592 | - | -€18,592 | |
| Profit (loss) carried forward | 14 | -€127,684 | -€124,969 | +€2,716 | +2.1% |
| Amounts payable | 17/49 | €184,011 | €179,708 | -€4,303 | -2.3% |
| Amounts payable within one year | 42/48 | €184,011 | €179,708 | -€4,303 | -2.3% |
| Financial debts | 43 | €26,675 | €27,938 | +€1,263 | +4.7% |
| Credit institutions | 430/8 | €26,675 | €27,938 | +€1,263 | +4.7% |
| Trade debts | 44 | €28,171 | €25,607 | -€2,564 | -9.1% |
| Suppliers | 440/4 | €28,171 | €25,607 | -€2,564 | -9.1% |
| Taxes, remuneration and social security | 45 | €1,914 | €189 | -€1,725 | -90.1% |
| Remuneration and social security | 454/9 | €1,914 | €189 | -€1,725 | -90.1% |
| Other amounts payable | 47/48 | €127,251 | €125,974 | -€1,277 | -1.0% |
| Remuneration, social security and pensions | 62 | €14,771 | €15,822 | +€1,050 | +7.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €94 | €94 | = | 0.0% |
| Other operating charges | 640/8 | €2,588 | €2,717 | +€128 | +5.0% |
| Gross operating margin | 9900 | €21,623 | €28,899 | +€7,276 | +33.6% |
| Operating profit (loss) | 9901 | €4,170 | €10,267 | +€6,097 | +146.2% |
| Financial income | 75/76B | €1 | €1 | -€0 | -15.4% |
| Recurring financial income | 75 | €1 | €1 | -€0 | -15.4% |
| Financial charges | 65/66B | €7,692 | €7,551 | -€141 | -1.8% |
| Recurring financial charges | 65 | €7,692 | €7,551 | -€141 | -1.8% |
| Profit (loss) for the period before taxes | 9903 | -€3,522 | €2,716 | +€6,238 | |
| Income taxes | 67/77 | - | €0 | +€0 | |
| Profit (loss) for the period | 9904 | -€3,522 | €2,716 | +€6,238 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,522 | €2,716 | +€6,238 |
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 9 October 2026 via checked.be.