Washpoint: 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.
Washpoint
Largest movements
- Cash -€35,360
down €35,360 (-53.7%), from €65,882 to €30,522
mainly Investment in fixed assets (net) (-€171,439) and Trade debts (-€91,720)
- Tangible fixed assets +€31,933
up €31,933 (+3.2%), from €1.0m to €1.0m
of which Plant, machinery and equipment: +€51,812
- Deferred charges and accrued income -€30,196
down €30,196 (-7.3%), from €415,645 to €385,449
- Trade debts -€91,720
down €91,720 (-69.7%), from €131,657 to €39,937
- Reserves +€36,375
up €36,375 (+16.5%), from €221,008 to €257,383
of which Distributable reserves: +€36,375
- Current portion of long-term debt +€30,270
up €30,270 (+51.9%), from €58,327 to €88,597
- Gross operating margin +€91,831
up €91,831 (+37.7%), from €243,270 to €335,100
- Depreciation +€43,329
up €43,329 (+45.0%), from €96,326 to €139,655
- Staff costs +€29,662
up €29,662 (+45.9%), from €64,649 to €94,312
- Financial charges +€3,721
up €3,721 (+19.4%), from €19,219 to €22,941
- Taxes +€3,542
up €3,542 (+24.4%), from €14,530 to €18,072
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 | €1,509,292 | €1,479,712 | -€29,580 | -2.0% |
| Fixed assets | 21/28 | €1,014,165 | €1,045,948 | +€31,783 | +3.1% |
| Intangible fixed assets | 21 | €562 | €412 | -€150 | -26.7% |
| Tangible fixed assets | 22/27 | €1,013,602 | €1,045,536 | +€31,933 | +3.2% |
| Land and buildings | 22 | €711,806 | €670,139 | -€41,667 | -5.9% |
| Plant, machinery and equipment | 23 | €297,681 | €349,494 | +€51,812 | +17.4% |
| Furniture and vehicles | 24 | €4,116 | €25,903 | +€21,788 | +529% |
| Current assets | 29/58 | €495,128 | €433,764 | -€61,363 | -12.4% |
| Stocks and contracts in progress | 3 | €2,103 | €4,041 | +€1,937 | +92.1% |
| Stocks | 30/36 | €2,103 | €4,041 | +€1,937 | +92.1% |
| Amounts receivable within one year | 40/41 | €11,498 | €13,753 | +€2,255 | +19.6% |
| Trade receivables | 40 | €11,498 | €11,824 | +€326 | +2.8% |
| Other amounts receivable | 41 | - | €1,928 | +€1,928 | |
| Cash at bank and in hand | 54/58 | €65,882 | €30,522 | -€35,360 | -53.7% |
| Deferred charges and accrued income | 490/1 | €415,645 | €385,449 | -€30,196 | -7.3% |
| Total equity and liabilities | 10/49 | €1,509,292 | €1,479,712 | -€29,580 | -2.0% |
| Equity | 10/15 | €246,008 | €282,383 | +€36,375 | +14.8% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €221,008 | €257,383 | +€36,375 | +16.5% |
| Non-distributable reserves | 130/1 | €12,500 | €12,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €12,500 | €12,500 | = | 0.0% |
| Distributable reserves | 133 | €208,508 | €244,883 | +€36,375 | +17.4% |
| Amounts payable | 17/49 | €1,263,284 | €1,197,330 | -€65,955 | -5.2% |
| Amounts payable after more than one year | 17 | €938,048 | €941,039 | +€2,991 | +0.3% |
| Financial debts | 170/4 | €481,156 | €581,628 | +€100,473 | +20.9% |
| Trade debts | 175 | €456,892 | €359,410 | -€97,482 | -21.3% |
| Amounts payable within one year | 42/48 | €318,622 | €249,480 | -€69,142 | -21.7% |
| Current portion of amounts payable after more than one year | 42 | €58,327 | €88,597 | +€30,270 | +51.9% |
| Financial debts | 43 | €100,000 | €100,000 | = | 0.0% |
| Credit institutions | 430/8 | €100,000 | €100,000 | = | 0.0% |
| Trade debts | 44 | €131,657 | €39,937 | -€91,720 | -69.7% |
| Suppliers | 440/4 | €131,657 | €39,937 | -€91,720 | -69.7% |
| Taxes, remuneration and social security | 45 | €28,638 | €20,794 | -€7,844 | -27.4% |
| Taxes | 450/3 | €24,730 | €7,419 | -€17,311 | -70.0% |
| Remuneration and social security | 454/9 | €3,907 | €13,375 | +€9,468 | +242% |
| Other amounts payable | 47/48 | - | €153 | +€153 | |
| Accrued charges and deferred income | 492/3 | €6,614 | €6,811 | +€196 | +3.0% |
| Remuneration, social security and pensions | 62 | €64,649 | €94,312 | +€29,662 | +45.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €96,326 | €139,655 | +€43,329 | +45.0% |
| Other operating charges | 640/8 | €13,864 | €16,746 | +€2,883 | +20.8% |
| Gross operating margin | 9900 | €243,270 | €335,100 | +€91,831 | +37.7% |
| Operating profit (loss) | 9901 | €68,431 | €84,387 | +€15,956 | +23.3% |
| Financial income | 75/76B | €56 | €179 | +€122 | +218% |
| Recurring financial income | 75 | €56 | €179 | +€122 | +218% |
| Financial charges | 65/66B | €19,219 | €22,941 | +€3,721 | +19.4% |
| Recurring financial charges | 65 | €19,219 | €22,941 | +€3,721 | +19.4% |
| Profit (loss) for the period before taxes | 9903 | €49,268 | €61,625 | +€12,357 | +25.1% |
| Income taxes | 67/77 | €14,530 | €18,072 | +€3,542 | +24.4% |
| Profit (loss) for the period | 9904 | €34,738 | €43,553 | +€8,815 | +25.4% |
| Profit (loss) for the period to be appropriated | 9905 | €34,738 | €43,553 | +€8,815 | +25.4% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.