WASHINTOWN: 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.
WASHINTOWN
Largest movements
- Tangible fixed assets -€50,738
down €50,738 (-4.5%), from €1.1m to €1.1m
of which Land and buildings: -€38,204
- Cash +€47,019
up €47,019 (+44.7%), from €105,081 to €152,100
mainly Net result for the year (+€86,448) and Depreciation (+€54,318)
- Profit (loss) carried forward +€86,448
up €86,448 (+50.3%), from €171,736 to €258,184
- Debts after one year -€66,928
down €66,928 (-8.2%), from €811,414 to €744,486
of which Financial debts: -€66,928
- Other debts -€42,159
down €42,159 (-96.9%), from €43,516 to €1,357
- Tax, wage and social debts +€34,421
up €34,421 (+154%), from €22,415 to €56,836
- Trade debts -€20,244
down €20,244 (-53.6%), from €37,737 to €17,494
- Depreciation -€86,415
down €86,415 (-61.4%), from €140,733 to €54,318
- Gross operating margin -€70,600
down €70,600 (-24.9%), from €283,107 to €212,507
- Other operating charges -€8,552
down €8,552 (-43.2%), from €19,782 to €11,231
- Taxes +€7,631
up €7,631 (+34.1%), from €22,403 to €30,034
- Financial charges -€5,850
down €5,850 (-16.0%), from €36,563 to €30,713
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 | €1,253,555 | €1,247,284 | -€6,271 | -0.5% |
| Fixed assets | 21/28 | €1,134,058 | €1,083,321 | -€50,738 | -4.5% |
| Tangible fixed assets | 22/27 | €1,133,908 | €1,083,171 | -€50,738 | -4.5% |
| Land and buildings | 22 | €1,064,226 | €1,026,022 | -€38,204 | -3.6% |
| Plant, machinery and equipment | 23 | €67,257 | €55,384 | -€11,873 | -17.7% |
| Furniture and vehicles | 24 | €2,425 | €1,765 | -€661 | -27.2% |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €119,497 | €163,963 | +€44,466 | +37.2% |
| Stocks and contracts in progress | 3 | €1,220 | €961 | -€259 | -21.2% |
| Stocks | 30/36 | €1,220 | €961 | -€259 | -21.2% |
| Amounts receivable within one year | 40/41 | - | €4,235 | +€4,235 | |
| Trade receivables | 40 | - | €4,235 | +€4,235 | |
| Cash at bank and in hand | 54/58 | €105,081 | €152,100 | +€47,019 | +44.7% |
| Deferred charges and accrued income | 490/1 | €13,197 | €6,668 | -€6,529 | -49.5% |
| Total equity and liabilities | 10/49 | €1,253,555 | €1,247,284 | -€6,271 | -0.5% |
| Equity | 10/15 | €273,736 | €360,184 | +€86,448 | +31.6% |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Contributions outside capital | 11 | €40,000 | €40,000 | = | 0.0% |
| Other | 1109/19 | €40,000 | €40,000 | = | 0.0% |
| Reserves | 13 | €62,000 | €62,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €4,000 | €4,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €4,000 | €4,000 | = | 0.0% |
| Distributable reserves | 133 | €58,000 | €58,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €171,736 | €258,184 | +€86,448 | +50.3% |
| Amounts payable | 17/49 | €979,819 | €887,101 | -€92,719 | -9.5% |
| Amounts payable after more than one year | 17 | €811,414 | €744,486 | -€66,928 | -8.2% |
| Financial debts | 170/4 | €800,914 | €733,986 | -€66,928 | -8.4% |
| Other amounts payable | 178/9 | €10,500 | €10,500 | = | 0.0% |
| Amounts payable within one year | 42/48 | €168,405 | €142,614 | -€25,791 | -15.3% |
| Current portion of amounts payable after more than one year | 42 | €64,737 | €66,928 | +€2,190 | +3.4% |
| Trade debts | 44 | €37,737 | €17,494 | -€20,244 | -53.6% |
| Suppliers | 440/4 | €37,737 | €17,494 | -€20,244 | -53.6% |
| Taxes, remuneration and social security | 45 | €22,415 | €56,836 | +€34,421 | +154% |
| Taxes | 450/3 | €22,415 | €56,836 | +€34,421 | +154% |
| Other amounts payable | 47/48 | €43,516 | €1,357 | -€42,159 | -96.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €140,733 | €54,318 | -€86,415 | -61.4% |
| Other operating charges | 640/8 | €19,782 | €11,231 | -€8,552 | -43.2% |
| Gross operating margin | 9900 | €283,107 | €212,507 | -€70,600 | -24.9% |
| Operating profit (loss) | 9901 | €122,592 | €146,958 | +€24,367 | +19.9% |
| Financial income | 75/76B | €272 | €236 | -€35 | -13.0% |
| Recurring financial income | 75 | €272 | €236 | -€35 | -13.0% |
| Financial charges | 65/66B | €36,563 | €30,713 | -€5,850 | -16.0% |
| Recurring financial charges | 65 | €36,563 | €30,713 | -€5,850 | -16.0% |
| Profit (loss) for the period before taxes | 9903 | €86,301 | €116,482 | +€30,181 | +35.0% |
| Income taxes | 67/77 | €22,403 | €30,034 | +€7,631 | +34.1% |
| Profit (loss) for the period | 9904 | €63,898 | €86,448 | +€22,550 | +35.3% |
| Profit (loss) for the period to be appropriated | 9905 | €63,898 | €86,448 | +€22,550 | +35.3% |
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 27 October 2026 via checked.be.