WATERWEELDE: 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.
What changed
WATERWEELDE
NACE 73.200, Market research and public opinion polling
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€78,895
2024 · €68,239+€10,655
Equity
€1.6m
2024 · €1.6m
Cash
€12,352
2024 · €11,457+€895
Balance sheet total
€3.2m
2024 · €3.1m+€115,932
Largest movements
Assets
- Financial fixed assets +€82,598
up €82,598 (+3.2%), from €2.6m to €2.7m
- Receivables within one year +€33,496
up €33,496 (+17.2%), from €194,993 to €228,489
of which Other amounts receivable: +€36,099
Equity and liabilities
- Other debts +€66,170
up €66,170 (+11.0%), from €600,305 to €666,475
Income statement
- Gross operating margin +€5,006
up €5,006 (+2.9%), from €170,484 to €175,490
- Financial charges -€4,791
down €4,791 (-8.3%), from €57,998 to €53,207
- Taxes +€3,583
up €3,583 (+13.5%), from €26,615 to €30,198
- Financial income +€2,784
up €2,784 (+14.5%), from €19,148 to €21,932
- Other operating charges -€2,149
down €2,149 (-30.2%), from €7,115 to €4,966
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.
Result 2024
€68,239
Gross operating margin
+€5,006
Depreciation
-€492
Other operating charges
+€2,149
Financial income
+€2,784
Financial charges
+€4,791
Taxes
-€3,583
Result 2025
€78,895
Cash bridge derived
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.
From operations
+€146,083
Investment
-€99,879
Financing
-€45,308
Cash 2024
€11,457
From operations (derived)
+€146,083
Net result for the year
+€78,895
Depreciation
+€30,157
Receivables within one year
-€33,496
Deferred charges and accrued income
-€11,820
Trade debts
-€5,528
Tax, wage and social debts
+€15,633
Other debts
+€66,170
Accrued charges and deferred income
+€6,071
Investment (derived)
-€99,879
Investment in fixed assets (net)
-€99,879
Financing
-€45,308
Debts after one year
+€16,716
Current portion of long-term debt
+€16,871
Contributions, distributions and other
-€78,895
Cash 2025
€12,352
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,129,489 | €3,245,421 | +€115,932 | +3.7% |
| Fixed assets | 21/28 | €2,831,874 | €2,901,596 | +€69,722 | +2.5% |
| Tangible fixed assets | 22/27 | €222,588 | €209,712 | -€12,876 | -5.8% |
| Land and buildings | 22 | €221,787 | €209,323 | -€12,464 | -5.6% |
| Plant, machinery and equipment | 23 | €802 | €389 | -€412 | -51.4% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Financial fixed assets | 28 | €2,609,285 | €2,691,884 | +€82,598 | +3.2% |
| Current assets | 29/58 | €297,615 | €343,825 | +€46,210 | +15.5% |
| Amounts receivable after more than one year | 29 | €69,000 | €69,000 | = | 0.0% |
| Other amounts receivable | 291 | €69,000 | €69,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €194,993 | €228,489 | +€33,496 | +17.2% |
| Trade receivables | 40 | €15,387 | €12,783 | -€2,604 | -16.9% |
| Other amounts receivable | 41 | €179,606 | €215,705 | +€36,099 | +20.1% |
| Cash at bank and in hand | 54/58 | €11,457 | €12,352 | +€895 | +7.8% |
| Deferred charges and accrued income | 490/1 | €22,165 | €33,985 | +€11,820 | +53.3% |
| Total equity and liabilities | 10/49 | €3,129,489 | €3,245,421 | +€115,932 | +3.7% |
| Equity | 10/15 | €1,600,030 | €1,600,030 | = | 0.0% |
| Contributions | 10/11 | €1,300,000 | €1,300,000 | = | 0.0% |
| Reserves | 13 | €300,030 | €300,030 | = | 0.0% |
| Non-distributable reserves | 130/1 | €8,686 | €8,686 | = | 0.0% |
| Reserves not available under the articles | 1311 | €8,686 | €8,686 | = | 0.0% |
| Distributable reserves | 133 | €291,344 | €291,344 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €1,529,459 | €1,645,391 | +€115,932 | +7.6% |
| Amounts payable after more than one year | 17 | €788,706 | €805,422 | +€16,716 | +2.1% |
| Financial debts | 170/4 | €788,706 | €805,422 | +€16,716 | +2.1% |
| Amounts payable within one year | 42/48 | €729,379 | €822,525 | +€93,146 | +12.8% |
| Current portion of amounts payable after more than one year | 42 | €65,790 | €82,661 | +€16,871 | +25.6% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €21,836 | €16,308 | -€5,528 | -25.3% |
| Suppliers | 440/4 | €21,836 | €16,308 | -€5,528 | -25.3% |
| Taxes, remuneration and social security | 45 | €41,449 | €57,082 | +€15,633 | +37.7% |
| Taxes | 450/3 | €41,449 | €57,082 | +€15,633 | +37.7% |
| Other amounts payable | 47/48 | €600,305 | €666,475 | +€66,170 | +11.0% |
| Accrued charges and deferred income | 492/3 | €11,373 | €17,444 | +€6,071 | +53.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,665 | €30,157 | +€492 | +1.7% |
| Other operating charges | 640/8 | €7,115 | €4,966 | -€2,149 | -30.2% |
| Gross operating margin | 9900 | €170,484 | €175,490 | +€5,006 | +2.9% |
| Operating profit (loss) | 9901 | €133,704 | €140,367 | +€6,664 | +5.0% |
| Financial income | 75/76B | €19,148 | €21,932 | +€2,784 | +14.5% |
| Recurring financial income | 75 | €19,148 | €21,932 | +€2,784 | +14.5% |
| Financial charges | 65/66B | €57,998 | €53,207 | -€4,791 | -8.3% |
| Recurring financial charges | 65 | €57,998 | €53,207 | -€4,791 | -8.3% |
| Profit (loss) for the period before taxes | 9903 | €94,854 | €109,092 | +€14,238 | +15.0% |
| Income taxes | 67/77 | €26,615 | €30,198 | +€3,583 | +13.5% |
| Profit (loss) for the period | 9904 | €68,239 | €78,895 | +€10,655 | +15.6% |
| Profit (loss) for the period to be appropriated | 9905 | €68,239 | €78,895 | +€10,655 | +15.6% |
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 10 October 2026 via checked.be.