Watimmo: 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.
Watimmo
Largest movements
- Receivables within one year +€15,797
up €15,797 (+12.6%), from €124,923 to €140,720
of which Trade receivables: +€21,671
- Cash +€5,673
up €5,673 (+11.8%), from €47,913 to €53,586
mainly Tax, wage and social debts (+€22,071) and Net result for the year (+€3,167)
- Tax, wage and social debts +€22,071
up €22,071 (+32.0%), from €68,924 to €90,994
of which Remuneration and social security: +€14,384
- Trade debts -€3,649
down €3,649 (-23.8%), from €15,362 to €11,714
- Profit (loss) carried forward +€3,167
up €3,167 (+18.1%), from €17,541 to €20,708
- Staff costs +€43,525
up €43,525 (+8.9%), from €489,777 to €533,301
- Gross operating margin +€41,652
up €41,652 (+8.3%), from €502,339 to €543,991
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 | €173,658 | €195,106 | +€21,448 | +12.4% |
| Fixed assets | 21/28 | €800 | €800 | = | 0.0% |
| Tangible fixed assets | 22/27 | €800 | €800 | = | 0.0% |
| Land and buildings | 22 | €800 | €800 | = | 0.0% |
| Current assets | 29/58 | €172,858 | €194,306 | +€21,448 | +12.4% |
| Amounts receivable within one year | 40/41 | €124,923 | €140,720 | +€15,797 | +12.6% |
| Trade receivables | 40 | €103,262 | €124,933 | +€21,671 | +21.0% |
| Other amounts receivable | 41 | €21,661 | €15,787 | -€5,874 | -27.1% |
| Cash at bank and in hand | 54/58 | €47,913 | €53,586 | +€5,673 | +11.8% |
| Deferred charges and accrued income | 490/1 | €23 | - | -€23 | |
| Total equity and liabilities | 10/49 | €173,658 | €195,106 | +€21,448 | +12.4% |
| Equity | 10/15 | €89,041 | €92,208 | +€3,167 | +3.6% |
| Contributions | 10/11 | €65,000 | €65,000 | = | 0.0% |
| Capital | 10 | €65,000 | €65,000 | = | 0.0% |
| Issued capital | 100 | €65,000 | €65,000 | = | 0.0% |
| Reserves | 13 | €6,500 | €6,500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,500 | €6,500 | = | 0.0% |
| Legal reserve | 130 | €6,500 | €6,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €17,541 | €20,708 | +€3,167 | +18.1% |
| Amounts payable | 17/49 | €84,617 | €102,898 | +€18,281 | +21.6% |
| Amounts payable within one year | 42/48 | €84,286 | €102,708 | +€18,422 | +21.9% |
| Trade debts | 44 | €15,362 | €11,714 | -€3,649 | -23.8% |
| Suppliers | 440/4 | €15,362 | €11,714 | -€3,649 | -23.8% |
| Taxes, remuneration and social security | 45 | €68,924 | €90,994 | +€22,071 | +32.0% |
| Taxes | 450/3 | €6,511 | €14,198 | +€7,687 | +118% |
| Remuneration and social security | 454/9 | €62,413 | €76,797 | +€14,384 | +23.0% |
| Accrued charges and deferred income | 492/3 | €331 | €190 | -€140 | -42.5% |
| Remuneration, social security and pensions | 62 | €489,777 | €533,301 | +€43,525 | +8.9% |
| Other operating charges | 640/8 | €6,932 | €7,073 | +€142 | +2.0% |
| Gross operating margin | 9900 | €502,339 | €543,991 | +€41,652 | +8.3% |
| Operating profit (loss) | 9901 | €5,630 | €3,617 | -€2,014 | -35.8% |
| Financial charges | 65/66B | €477 | €450 | -€27 | -5.6% |
| Recurring financial charges | 65 | €477 | €450 | -€27 | -5.6% |
| Profit (loss) for the period before taxes | 9903 | €5,154 | €3,167 | -€1,987 | -38.6% |
| Profit (loss) for the period | 9904 | €5,154 | €3,167 | -€1,987 | -38.6% |
| Profit (loss) for the period to be appropriated | 9905 | €5,154 | €3,167 | -€1,987 | -38.6% |
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 13 October 2026 via checked.be.