WATERDROP BELGIUM: 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.
WATERDROP BELGIUM
Largest movements
- Tangible fixed assets +€206,494
up €206,494 (+181%), from €114,104 to €320,597
- Cash +€63,106
up €63,106 (+1,262%), from €5,000 to €68,106
mainly Trade debts (+€214,013) and Other debts (+€65,360)
- Financial fixed assets +€23,980
new in 2024: €23,980
- Stocks and contracts +€16,164
up €16,164 (+71.9%), from €22,476 to €38,640
- Receivables within one year +€14,232
up €14,232 (+62.3%), from €22,843 to €37,075
- Trade debts +€214,013
up €214,013 (+159%), from €134,939 to €348,952
- Other debts +€65,360
up €65,360 (+757%), from €8,633 to €73,993
- Tax, wage and social debts +€42,741
up €42,741 (+237%), from €18,070 to €60,811
of which Remuneration and social security: +€29,525
- Profit (loss) carried forward +€10,789
up €10,789 (+92.6%), from -€11,648 to -€860
- Gross operating margin +€274,764
up €274,764 (+673%), from €40,852 to €315,616
- Staff costs +€220,500
up €220,500 (+512%), from €43,027 to €263,527
- Depreciation +€18,593
up €18,593 (+324%), from €5,742 to €24,335
- Financial charges +€7,872
up €7,872 (+164%), from €4,793 to €12,665
- Taxes +€4,300
new in 2024: €4,300
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €175,256 | €507,251 | +€331,995 | +189% |
| Fixed assets | 21/28 | €114,104 | €344,577 | +€230,474 | +202% |
| Tangible fixed assets | 22/27 | €114,104 | €320,597 | +€206,494 | +181% |
| Other tangible fixed assets | 26 | €114,104 | €320,597 | +€206,494 | +181% |
| Financial fixed assets | 28 | - | €23,980 | +€23,980 | |
| Current assets | 29/58 | €61,152 | €162,674 | +€101,522 | +166% |
| Stocks and contracts in progress | 3 | €22,476 | €38,640 | +€16,164 | +71.9% |
| Stocks | 30/36 | €22,476 | €38,640 | +€16,164 | +71.9% |
| Amounts receivable within one year | 40/41 | €22,843 | €37,075 | +€14,232 | +62.3% |
| Trade receivables | 40 | €22,843 | €37,075 | +€14,232 | +62.3% |
| Cash at bank and in hand | 54/58 | €5,000 | €68,106 | +€63,106 | +1,262% |
| Deferred charges and accrued income | 490/1 | €10,833 | €18,853 | +€8,020 | +74.0% |
| Total equity and liabilities | 10/49 | €175,256 | €507,251 | +€331,995 | +189% |
| Equity | 10/15 | -€6,648 | €4,140 | +€10,789 | |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€11,648 | -€860 | +€10,789 | +92.6% |
| Amounts payable | 17/49 | €181,904 | €503,111 | +€321,207 | +177% |
| Amounts payable within one year | 42/48 | €161,642 | €483,756 | +€322,114 | +199% |
| Trade debts | 44 | €134,939 | €348,952 | +€214,013 | +159% |
| Suppliers | 440/4 | €134,939 | €348,952 | +€214,013 | +159% |
| Taxes, remuneration and social security | 45 | €18,070 | €60,811 | +€42,741 | +237% |
| Taxes | 450/3 | €11,356 | €24,571 | +€13,215 | +116% |
| Remuneration and social security | 454/9 | €6,714 | €36,239 | +€29,525 | +440% |
| Other amounts payable | 47/48 | €8,633 | €73,993 | +€65,360 | +757% |
| Accrued charges and deferred income | 492/3 | €20,262 | €19,355 | -€907 | -4.5% |
| Remuneration, social security and pensions | 62 | €43,027 | €263,527 | +€220,500 | +512% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,742 | €24,335 | +€18,593 | +324% |
| Other operating charges | 640/8 | €321 | €0 | -€321 | -100% |
| Gross operating margin | 9900 | €40,852 | €315,616 | +€274,764 | +673% |
| Operating profit (loss) | 9901 | -€8,238 | €27,753 | +€35,992 | |
| Financial income | 75/76B | €1,383 | €0 | -€1,383 | -100% |
| Recurring financial income | 75 | €1,383 | €0 | -€1,383 | -100% |
| Financial charges | 65/66B | €4,793 | €12,665 | +€7,872 | +164% |
| Recurring financial charges | 65 | €4,793 | €12,665 | +€7,872 | +164% |
| Profit (loss) for the period before taxes | 9903 | -€11,648 | €15,089 | +€26,737 | |
| Income taxes | 67/77 | - | €4,300 | +€4,300 | |
| Profit (loss) for the period | 9904 | -€11,648 | €10,789 | +€22,437 | |
| Profit (loss) for the period to be appropriated | 9905 | -€11,648 | €10,789 | +€22,437 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.