WASHTECH: what changed
Two fiscal 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.
WASHTECH
Largest movements
- Receivables within one year -€93,098
down €93,098 (-37.5%), from €248,485 to €155,387
of which Trade receivables: -€74,886
- Stocks and contracts -€69,812
no longer reported in 2025 (was €69,812)
- Tangible fixed assets -€58,328
no longer reported in 2025 (was €58,328)
of which Plant, machinery and equipment: -€55,907
- Cash -€29,299
down €29,299 (-96.7%), from €30,304 to €1,006
mainly Other debts (-€112,183) and Net result for the year (-€67,168)
- Other debts -€112,183
down €112,183 (-60.8%), from €184,606 to €72,424
- Profit (loss) carried forward -€67,168
down €67,168, from €32,598 to -€34,570
- Current portion of long-term debt -€25,000
no longer reported in 2025 (was €25,000)
- Trade debts -€16,064
down €16,064 (-84.3%), from €19,047 to €2,983
- Tax, wage and social debts -€15,123
no longer reported in 2025 (was €15,123)
- Gross operating margin -€209,969
down €209,969, from €187,734 to -€22,235
- Taxes -€27,921
down €27,921 (-62.8%), from €44,456 to €16,535
- Financial charges -€24,542
down €24,542 (-96.2%), from €25,513 to €971
- Depreciation -€16,341
down €16,341 (-41.7%), from €39,219 to €22,878
- Other operating charges -€2,936
down €2,936 (-39.2%), from €7,485 to €4,549
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 | €406,929 | €156,392 | -€250,537 | -61.6% |
| Fixed assets | 21/28 | €58,328 | - | -€58,328 | |
| Tangible fixed assets | 22/27 | €58,328 | - | -€58,328 | |
| Plant, machinery and equipment | 23 | €55,907 | - | -€55,907 | |
| Furniture and vehicles | 24 | €2,421 | - | -€2,421 | |
| Current assets | 29/58 | €348,601 | €156,392 | -€192,209 | -55.1% |
| Stocks and contracts in progress | 3 | €69,812 | - | -€69,812 | |
| Stocks | 30/36 | €69,812 | - | -€69,812 | |
| Amounts receivable within one year | 40/41 | €248,485 | €155,387 | -€93,098 | -37.5% |
| Trade receivables | 40 | €183,472 | €108,586 | -€74,886 | -40.8% |
| Other amounts receivable | 41 | €65,013 | €46,800 | -€18,212 | -28.0% |
| Cash at bank and in hand | 54/58 | €30,304 | €1,006 | -€29,299 | -96.7% |
| Total equity and liabilities | 10/49 | €406,929 | €156,392 | -€250,537 | -61.6% |
| Equity | 10/15 | €148,153 | €80,986 | -€67,168 | -45.3% |
| Contributions | 10/11 | €18,696 | €18,696 | = | 0.0% |
| Capital | 10 | €18,696 | €18,696 | = | 0.0% |
| Issued capital | 100 | €18,696 | €18,696 | = | 0.0% |
| Reserves | 13 | €96,859 | €96,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Legal reserve | 130 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €95,000 | €95,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €32,598 | -€34,570 | -€67,168 | |
| Amounts payable | 17/49 | €258,776 | €75,407 | -€183,369 | -70.9% |
| Amounts payable within one year | 42/48 | €258,776 | €75,407 | -€183,369 | -70.9% |
| Current portion of amounts payable after more than one year | 42 | €25,000 | - | -€25,000 | |
| Trade debts | 44 | €19,047 | €2,983 | -€16,064 | -84.3% |
| Suppliers | 440/4 | €19,047 | €2,983 | -€16,064 | -84.3% |
| Advances received on contracts in progress | 46 | €15,000 | - | -€15,000 | |
| Taxes, remuneration and social security | 45 | €15,123 | - | -€15,123 | |
| Taxes | 450/3 | €15,123 | - | -€15,123 | |
| Other amounts payable | 47/48 | €184,606 | €72,424 | -€112,183 | -60.8% |
| Non-recurring operating income | 76A | €28,586 | €9,488 | -€19,098 | -66.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,219 | €22,878 | -€16,341 | -41.7% |
| Other operating charges | 640/8 | €7,485 | €4,549 | -€2,936 | -39.2% |
| Gross operating margin | 9900 | €187,734 | -€22,235 | -€209,969 | |
| Operating profit (loss) | 9901 | €141,030 | -€49,661 | -€190,692 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €25,513 | €971 | -€24,542 | -96.2% |
| Recurring financial charges | 65 | €25,513 | €971 | -€24,542 | -96.2% |
| Profit (loss) for the period before taxes | 9903 | €115,518 | -€50,633 | -€166,150 | |
| Income taxes | 67/77 | €44,456 | €16,535 | -€27,921 | -62.8% |
| Profit (loss) for the period | 9904 | €71,061 | -€67,168 | -€138,229 | |
| Profit (loss) for the period to be appropriated | 9905 | €71,061 | -€67,168 | -€138,229 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.