WATERPLOUF: 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.
WATERPLOUF
Largest movements
- Tangible fixed assets -€20,577
down €20,577 (-6.6%), from €312,199 to €291,622
of which Land and buildings: -€20,187
- Cash +€7,115
up €7,115 (+885%), from €804 to €7,919
mainly Depreciation (+€21,807) and Accrued charges and deferred income (+€6,773)
- Receivables within one year -€4,324
down €4,324 (-52.2%), from €8,291 to €3,967
of which Trade receivables: -€3,330
- Debts after one year -€21,436
down €21,436 (-12.4%), from €172,241 to €150,806
- Trade debts -€10,616
down €10,616 (-71.8%), from €14,781 to €4,165
- Accrued charges and deferred income +€6,773
new in 2025: €6,773
- Other debts +€4,727
up €4,727 (+2.4%), from €198,971 to €203,698
- Gross operating margin +€13,097
up €13,097 (+57.6%), from €22,750 to €35,847
- Other operating charges -€2,421
down €2,421 (-50.6%), from €4,788 to €2,368
- Depreciation +€445
up €445 (+2.1%), from €21,362 to €21,807
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 | €334,385 | €313,462 | -€20,924 | -6.3% |
| Fixed assets | 21/28 | €312,999 | €292,422 | -€20,577 | -6.6% |
| Tangible fixed assets | 22/27 | €312,199 | €291,622 | -€20,577 | -6.6% |
| Land and buildings | 22 | €307,790 | €287,603 | -€20,187 | -6.6% |
| Plant, machinery and equipment | 23 | €1,367 | €1,088 | -€279 | -20.4% |
| Furniture and vehicles | 24 | €3,041 | €2,931 | -€111 | -3.6% |
| Financial fixed assets | 28 | €800 | €800 | = | 0.0% |
| Current assets | 29/58 | €21,386 | €21,039 | -€347 | -1.6% |
| Amounts receivable within one year | 40/41 | €8,291 | €3,967 | -€4,324 | -52.2% |
| Trade receivables | 40 | €5,733 | €2,403 | -€3,330 | -58.1% |
| Other amounts receivable | 41 | €2,559 | €1,564 | -€995 | -38.9% |
| Cash at bank and in hand | 54/58 | €804 | €7,919 | +€7,115 | +885% |
| Deferred charges and accrued income | 490/1 | €12,291 | €9,153 | -€3,138 | -25.5% |
| Total equity and liabilities | 10/49 | €334,385 | €313,462 | -€20,924 | -6.3% |
| Equity | 10/15 | -€74,509 | -€74,886 | -€378 | -0.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€80,709 | -€81,086 | -€378 | -0.5% |
| Amounts payable | 17/49 | €408,894 | €388,348 | -€20,546 | -5.0% |
| Amounts payable after more than one year | 17 | €172,241 | €150,806 | -€21,436 | -12.4% |
| Financial debts | 170/4 | €172,241 | €150,806 | -€21,436 | -12.4% |
| Amounts payable within one year | 42/48 | €236,653 | €230,769 | -€5,884 | -2.5% |
| Current portion of amounts payable after more than one year | 42 | €21,549 | €21,436 | -€113 | -0.5% |
| Trade debts | 44 | €14,781 | €4,165 | -€10,616 | -71.8% |
| Suppliers | 440/4 | €14,781 | €4,165 | -€10,616 | -71.8% |
| Taxes, remuneration and social security | 45 | €1,352 | €1,470 | +€118 | +8.7% |
| Taxes | 450/3 | €1,352 | €1,470 | +€118 | +8.7% |
| Other amounts payable | 47/48 | €198,971 | €203,698 | +€4,727 | +2.4% |
| Accrued charges and deferred income | 492/3 | - | €6,773 | +€6,773 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,362 | €21,807 | +€445 | +2.1% |
| Other operating charges | 640/8 | €4,788 | €2,368 | -€2,421 | -50.6% |
| Gross operating margin | 9900 | €22,750 | €35,847 | +€13,097 | +57.6% |
| Operating profit (loss) | 9901 | -€3,401 | €11,672 | +€15,073 | |
| Financial income | 75/76B | €0 | €4 | +€4 | +21,700% |
| Recurring financial income | 75 | €0 | €4 | +€4 | +21,700% |
| Financial charges | 65/66B | €12,078 | €11,759 | -€318 | -2.6% |
| Recurring financial charges | 65 | €12,078 | €11,759 | -€318 | -2.6% |
| Profit (loss) for the period before taxes | 9903 | -€15,478 | -€83 | +€15,395 | +99.5% |
| Income taxes | 67/77 | €301 | €295 | -€6 | -2.1% |
| Profit (loss) for the period | 9904 | -€15,779 | -€378 | +€15,402 | +97.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€15,779 | -€378 | +€15,402 | +97.6% |
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 20 October 2026 via checked.be.