WATHAN: what changed
Two fiscal 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.
WATHAN
Largest movements
- Receivables within one year -€5,949
down €5,949 (-100.0%), from €5,949 to €0
of which Trade receivables: -€5,949
- Cash +€900
up €900 (+97.0%), from €927 to €1,827
mainly Other debts (+€13,341) and Receivables within one year (+€5,949)
- Profit (loss) carried forward -€15,820
down €15,820 (-31.0%), from -€51,077 to -€66,897
- Other debts +€13,341
up €13,341 (+50.3%), from €26,544 to €39,885
- Tax, wage and social debts -€1,742
no longer reported in 2025 (was €1,742)
- Trade debts -€827
down €827 (-49.6%), from €1,667 to €839
- Gross operating margin +€1,099
up €1,099 (+6.6%), from -€16,657 to -€15,558
- Depreciation -€337
no longer reported in 2025 (was €337)
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,876 | €1,827 | -€5,049 | -73.4% |
| Current assets | 29/58 | €6,876 | €1,827 | -€5,049 | -73.4% |
| Amounts receivable within one year | 40/41 | €5,949 | €0 | -€5,949 | -100.0% |
| Trade receivables | 40 | €5,949 | - | -€5,949 | |
| Other amounts receivable | 41 | - | €0 | +€0 | |
| Cash at bank and in hand | 54/58 | €927 | €1,827 | +€900 | +97.0% |
| Total equity and liabilities | 10/49 | €6,876 | €1,827 | -€5,049 | -73.4% |
| Equity | 10/15 | -€23,077 | -€38,897 | -€15,820 | -68.6% |
| Contributions | 10/11 | €28,000 | €28,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€51,077 | -€66,897 | -€15,820 | -31.0% |
| Amounts payable | 17/49 | €29,953 | €40,725 | +€10,772 | +36.0% |
| Amounts payable within one year | 42/48 | €29,953 | €40,725 | +€10,772 | +36.0% |
| Trade debts | 44 | €1,667 | €839 | -€827 | -49.6% |
| Suppliers | 440/4 | €1,667 | €839 | -€827 | -49.6% |
| Taxes, remuneration and social security | 45 | €1,742 | - | -€1,742 | |
| Taxes | 450/3 | €1,742 | - | -€1,742 | |
| Other amounts payable | 47/48 | €26,544 | €39,885 | +€13,341 | +50.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €337 | - | -€337 | |
| Other operating charges | 640/8 | €32 | €75 | +€43 | +133.4% |
| Gross operating margin | 9900 | -€16,657 | -€15,558 | +€1,099 | +6.6% |
| Operating profit (loss) | 9901 | -€17,026 | -€15,633 | +€1,393 | +8.2% |
| Financial income | 75/76B | €0 | €15 | +€15 | +38075.0% |
| Recurring financial income | 75 | €0 | €15 | +€15 | +38075.0% |
| Financial charges | 65/66B | €188 | €203 | +€14 | +7.6% |
| Recurring financial charges | 65 | €188 | €203 | +€14 | +7.6% |
| Profit (loss) for the period before taxes | 9903 | -€17,214 | -€15,820 | +€1,394 | +8.1% |
| Profit (loss) for the period | 9904 | -€17,214 | -€15,820 | +€1,394 | +8.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€17,214 | -€15,820 | +€1,394 | +8.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.