WASHNORD: 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.
WASHNORD
Largest movements
- Tangible fixed assets +€3,587
up €3,587 (+23.2%), from €15,494 to €19,082
of which Furniture and vehicles: +€6,584
- Intangible fixed assets -€2,400
down €2,400 (-14.9%), from €16,136 to €13,736
- Receivables within one year -€1,535
down €1,535 (-14.7%), from €10,456 to €8,921
of which Trade receivables: -€1,535
- Cash +€683
up €683 (+4.1%), from €16,726 to €17,409
mainly Depreciation (+€7,313) and Net result for the year (+€6,777)
- Profit (loss) carried forward +€6,777
up €6,777 (+10.9%), from -€62,294 to -€55,517
- Advances received -€3,559
down €3,559 (-46.0%), from €7,742 to €4,184
- Trade debts -€3,225
down €3,225 (-35.0%), from €9,213 to €5,988
- Tax, wage and social debts +€733
up €733 (+80.4%), from €912 to €1,645
- Other debts -€710
down €710 (-3.8%), from €18,820 to €18,110
- Turnover +€89,211
new in 2025: €89,211
- Purchases and services +€74,405
new in 2025: €74,405
- Gross operating margin +€9,019
up €9,019 (+122%), from €7,399 to €16,418
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 | €64,239 | €64,255 | +€16 | 0.0% |
| Fixed assets | 21/28 | €34,630 | €35,818 | +€1,187 | +3.4% |
| Intangible fixed assets | 21 | €16,136 | €13,736 | -€2,400 | -14.9% |
| Tangible fixed assets | 22/27 | €15,494 | €19,082 | +€3,587 | +23.2% |
| Land and buildings | 22 | €1,238 | €946 | -€293 | -23.6% |
| Plant, machinery and equipment | 23 | €12,424 | €9,720 | -€2,704 | -21.8% |
| Furniture and vehicles | 24 | €1,832 | €8,416 | +€6,584 | +359% |
| Financial fixed assets | 28 | €3,000 | €3,000 | = | 0.0% |
| Current assets | 29/58 | €29,609 | €28,438 | -€1,171 | -4.0% |
| Stocks and contracts in progress | 3 | €928 | €768 | -€160 | -17.2% |
| Stocks | 30/36 | €928 | €768 | -€160 | -17.2% |
| Amounts receivable within one year | 40/41 | €10,456 | €8,921 | -€1,535 | -14.7% |
| Trade receivables | 40 | €10,456 | €8,921 | -€1,535 | -14.7% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €16,726 | €17,409 | +€683 | +4.1% |
| Deferred charges and accrued income | 490/1 | €1,499 | €1,339 | -€159 | -10.6% |
| Total equity and liabilities | 10/49 | €64,239 | €64,255 | +€16 | 0.0% |
| Equity | 10/15 | €27,551 | €34,328 | +€6,777 | +24.6% |
| Contributions | 10/11 | €89,846 | €89,846 | = | 0.0% |
| Reserves | 13 | €0 | - | = | |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Profit (loss) carried forward | 14 | -€62,294 | -€55,517 | +€6,777 | +10.9% |
| Amounts payable | 17/49 | €36,687 | €29,927 | -€6,760 | -18.4% |
| Amounts payable within one year | 42/48 | €36,687 | €29,927 | -€6,760 | -18.4% |
| Trade debts | 44 | €9,213 | €5,988 | -€3,225 | -35.0% |
| Suppliers | 440/4 | €9,213 | €5,988 | -€3,225 | -35.0% |
| Advances received on contracts in progress | 46 | €7,742 | €4,184 | -€3,559 | -46.0% |
| Taxes, remuneration and social security | 45 | €912 | €1,645 | +€733 | +80.4% |
| Taxes | 450/3 | €912 | €1,645 | +€733 | +80.4% |
| Other amounts payable | 47/48 | €18,820 | €18,110 | -€710 | -3.8% |
| Turnover | 70 | - | €89,211 | +€89,211 | |
| Non-recurring operating income | 76A | - | €0 | +€0 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €74,405 | +€74,405 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,235 | €7,313 | +€78 | +1.1% |
| Other operating charges | 640/8 | €1,401 | €2,082 | +€680 | +48.6% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €7,399 | €16,418 | +€9,019 | +122% |
| Operating profit (loss) | 9901 | -€1,237 | €7,024 | +€8,261 | |
| Financial income | 75/76B | €97 | - | -€97 | |
| Recurring financial income | 75 | €97 | - | -€97 | |
| Financial charges | 65/66B | €59 | €112 | +€54 | +92.1% |
| Recurring financial charges | 65 | €59 | €112 | +€54 | +92.1% |
| Profit (loss) for the period before taxes | 9903 | -€1,199 | €6,912 | +€8,110 | |
| Income taxes | 67/77 | €149 | €135 | -€15 | -9.7% |
| Profit (loss) for the period | 9904 | -€1,348 | €6,777 | +€8,125 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,348 | €6,777 | +€8,125 |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.