WATERKANT PROJECT: 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 PROJECT
Largest movements
- Stocks and contracts +€148,091
up €148,091 (+5.1%), from €2.9m to €3.0m
- Other debts +€149,914
up €149,914 (+13.1%), from €1.1m to €1.3m
- Financial charges -€1,600
down €1,600 (-80.4%), from €1,990 to €390
- Other operating charges +€273
up €273 (+38.6%), from €708 to €981
- Gross operating margin -€4
down €4 (-6.0%), from -€64 to -€68
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 | €2,893,867 | €3,042,788 | +€148,921 | +5.1% |
| Current assets | 29/58 | €2,893,867 | €3,042,788 | +€148,921 | +5.1% |
| Stocks and contracts in progress | 3 | €2,893,236 | €3,041,327 | +€148,091 | +5.1% |
| Stocks | 30/36 | €2,893,236 | €3,041,327 | +€148,091 | +5.1% |
| Cash at bank and in hand | 54/58 | €631 | €1,461 | +€831 | +132% |
| Total equity and liabilities | 10/49 | €2,893,867 | €3,042,788 | +€148,921 | +5.1% |
| Equity | 10/15 | €36,735 | €35,297 | -€1,439 | -3.9% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€13,265 | -€14,703 | -€1,439 | -10.8% |
| Amounts payable | 17/49 | €2,857,132 | €3,007,492 | +€150,360 | +5.3% |
| Amounts payable within one year | 42/48 | €2,856,805 | €3,006,855 | +€150,049 | +5.3% |
| Financial debts | 43 | €1,715,000 | €1,715,000 | = | 0.0% |
| Credit institutions | 430/8 | €1,715,000 | €1,715,000 | = | 0.0% |
| Trade debts | 44 | - | €144 | +€144 | |
| Suppliers | 440/4 | - | €144 | +€144 | |
| Taxes, remuneration and social security | 45 | €175 | €166 | -€9 | -5.2% |
| Taxes | 450/3 | €175 | €166 | -€9 | -5.2% |
| Other amounts payable | 47/48 | €1,141,630 | €1,291,545 | +€149,914 | +13.1% |
| Accrued charges and deferred income | 492/3 | €326 | €637 | +€311 | +95.2% |
| Other operating charges | 640/8 | €708 | €981 | +€273 | +38.6% |
| Gross operating margin | 9900 | -€64 | -€68 | -€4 | -6.0% |
| Operating profit (loss) | 9901 | -€772 | -€1,048 | -€277 | -35.9% |
| Financial charges | 65/66B | €1,990 | €390 | -€1,600 | -80.4% |
| Recurring financial charges | 65 | €1,990 | €390 | -€1,600 | -80.4% |
| Profit (loss) for the period before taxes | 9903 | -€2,762 | -€1,439 | +€1,323 | +47.9% |
| Profit (loss) for the period | 9904 | -€2,762 | -€1,439 | +€1,323 | +47.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,762 | -€1,439 | +€1,323 | +47.9% |
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 24 October 2026 via checked.be.