WATCHFOSS BROS: 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.
WATCHFOSS BROS
Largest movements
- Cash +€44,538
up €44,538 (+24.0%), from €185,712 to €230,250
mainly Net result for the year (+€56,747) and Tax, wage and social debts (+€8,963)
- Receivables within one year +€18,788
up €18,788 (+124%), from €15,101 to €33,889
- Profit (loss) carried forward +€56,747
up €56,747 (+30.5%), from €185,939 to €242,686
- Tax, wage and social debts +€8,963
up €8,963 (+64.9%), from €13,820 to €22,783
- Other debts -€3,224
no longer reported in 2025 (was €3,224)
- Gross operating margin +€2,115
up €2,115 (+3.0%), from €70,124 to €72,239
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 | €206,125 | €269,543 | +€63,418 | +30.8% |
| Fixed assets | 21/28 | €4,545 | €4,545 | = | 0.0% |
| Tangible fixed assets | 22/27 | €4,245 | €4,245 | = | 0.0% |
| Other tangible fixed assets | 26 | €4,245 | €4,245 | = | 0.0% |
| Financial fixed assets | 28 | €300 | €300 | = | 0.0% |
| Current assets | 29/58 | €201,580 | €264,998 | +€63,418 | +31.5% |
| Amounts receivable within one year | 40/41 | €15,101 | €33,889 | +€18,788 | +124% |
| Trade receivables | 40 | €15,101 | €33,889 | +€18,788 | +124% |
| Cash at bank and in hand | 54/58 | €185,712 | €230,250 | +€44,538 | +24.0% |
| Deferred charges and accrued income | 490/1 | €767 | €859 | +€92 | +11.9% |
| Total equity and liabilities | 10/49 | €206,125 | €269,543 | +€63,418 | +30.8% |
| Equity | 10/15 | €187,999 | €244,746 | +€56,747 | +30.2% |
| Contributions | 10/11 | €200 | €200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €185,939 | €242,686 | +€56,747 | +30.5% |
| Amounts payable | 17/49 | €18,126 | €24,797 | +€6,671 | +36.8% |
| Amounts payable within one year | 42/48 | €18,126 | €22,783 | +€4,657 | +25.7% |
| Trade debts | 44 | €1,082 | - | -€1,082 | |
| Suppliers | 440/4 | €1,082 | - | -€1,082 | |
| Taxes, remuneration and social security | 45 | €13,820 | €22,783 | +€8,963 | +64.9% |
| Taxes | 450/3 | €13,820 | €22,783 | +€8,963 | +64.9% |
| Other amounts payable | 47/48 | €3,224 | - | -€3,224 | |
| Accrued charges and deferred income | 492/3 | - | €2,014 | +€2,014 | |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €70,124 | €72,239 | +€2,115 | +3.0% |
| Operating profit (loss) | 9901 | €69,737 | €71,839 | +€2,102 | +3.0% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €267 | €366 | +€99 | +37.1% |
| Recurring financial charges | 65 | €267 | €366 | +€99 | +37.1% |
| Profit (loss) for the period before taxes | 9903 | €69,470 | €71,474 | +€2,004 | +2.9% |
| Income taxes | 67/77 | €14,413 | €14,726 | +€314 | +2.2% |
| Profit (loss) for the period | 9904 | €55,057 | €56,747 | +€1,690 | +3.1% |
| Profit (loss) for the period to be appropriated | 9905 | €55,057 | €56,747 | +€1,690 | +3.1% |
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 23 October 2026 via checked.be.