WATERKANT CONSTRUCT: 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.
WATERKANT CONSTRUCT
Largest movements
- Stocks and contracts +€145,935
up €145,935 (+95.0%), from €153,604 to €299,538
- Receivables within one year +€6,833
up €6,833 (+5,129%), from €133 to €6,966
- Other debts +€152,090
up €152,090 (+128%), from €118,500 to €270,590
- Gross operating margin +€246
up €246 (+95.2%), from -€258 to -€12
- Other operating charges +€27
up €27 (+4.8%), from €561 to €588
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 | €157,939 | €307,654 | +€149,716 | +94.8% |
| Formation expenses | 20 | €377 | €188 | -€188 | -50.0% |
| Current assets | 29/58 | €157,562 | €307,466 | +€149,904 | +95.1% |
| Stocks and contracts in progress | 3 | €153,604 | €299,538 | +€145,935 | +95.0% |
| Stocks | 30/36 | €153,604 | €299,538 | +€145,935 | +95.0% |
| Amounts receivable within one year | 40/41 | €133 | €6,966 | +€6,833 | +5,129% |
| Other amounts receivable | 41 | €133 | €6,966 | +€6,833 | +5,129% |
| Cash at bank and in hand | 54/58 | €3,825 | €962 | -€2,863 | -74.9% |
| Total equity and liabilities | 10/49 | €157,939 | €307,654 | +€149,716 | +94.8% |
| Equity | 10/15 | €36,299 | €35,389 | -€909 | -2.5% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€13,701 | -€14,611 | -€909 | -6.6% |
| Amounts payable | 17/49 | €121,640 | €272,265 | +€150,625 | +124% |
| Amounts payable within one year | 42/48 | €121,640 | €272,265 | +€150,625 | +124% |
| Trade debts | 44 | €3,140 | €1,675 | -€1,465 | -46.7% |
| Suppliers | 440/4 | €3,140 | €1,675 | -€1,465 | -46.7% |
| Other amounts payable | 47/48 | €118,500 | €270,590 | +€152,090 | +128% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €188 | €188 | = | 0.0% |
| Other operating charges | 640/8 | €561 | €588 | +€27 | +4.8% |
| Gross operating margin | 9900 | -€258 | -€12 | +€246 | +95.2% |
| Operating profit (loss) | 9901 | -€1,008 | -€789 | +€219 | +21.7% |
| Financial charges | 65/66B | €122 | €121 | -€1 | -1.0% |
| Recurring financial charges | 65 | €122 | €121 | -€1 | -1.0% |
| Profit (loss) for the period before taxes | 9903 | -€1,129 | -€909 | +€220 | +19.5% |
| Profit (loss) for the period | 9904 | -€1,129 | -€909 | +€220 | +19.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,129 | -€909 | +€220 | +19.5% |
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 15 October 2026 via checked.be.