WATSUP: 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.
WATSUP
Largest movements
- Cash +€38,663
up €38,663 (+112.7%), from €34,314 to €72,977
mainly Other debts (+€35,854) and Depreciation (+€18,630)
- Tangible fixed assets -€16,110
down €16,110 (-31.9%), from €50,469 to €34,358
of which Other tangible fixed assets: -€15,854
- Receivables within one year -€3,304
down €3,304 (-20.6%), from €16,024 to €12,720
of which Other amounts receivable: -€3,972
- Other debts +€35,854
up €35,854 (+61.0%), from €58,736 to €94,590
- Debts after one year -€21,602
down €21,602 (-47.4%), from €45,536 to €23,934
- Trade debts +€17,381
up €17,381 (+21.5%), from €81,010 to €98,392
- Profit (loss) carried forward -€10,417
down €10,417 (-4.7%), from -€223,961 to -€234,378
- Tax, wage and social debts -€2,698
down €2,698 (-2.4%), from €111,854 to €109,156
of which Remuneration and social security: -€41,151
- Gross operating margin +€21,204
up €21,204 (+5.6%), from €378,524 to €399,728
- Financial charges +€10,397
up €10,397 (+127.6%), from €8,148 to €18,545
- Staff costs +€10,380
up €10,380 (+2.9%), from €361,594 to €371,974
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 | €101,304 | €120,553 | +€19,249 | +19.0% |
| Fixed assets | 21/28 | €50,966 | €34,856 | -€16,110 | -31.6% |
| Tangible fixed assets | 22/27 | €50,469 | €34,358 | -€16,110 | -31.9% |
| Furniture and vehicles | 24 | €11,066 | €10,809 | -€257 | -2.3% |
| Other tangible fixed assets | 26 | €39,403 | €23,549 | -€15,854 | -40.2% |
| Financial fixed assets | 28 | €497 | €497 | = | 0.0% |
| Current assets | 29/58 | €50,338 | €85,698 | +€35,360 | +70.2% |
| Amounts receivable within one year | 40/41 | €16,024 | €12,720 | -€3,304 | -20.6% |
| Trade receivables | 40 | €9,024 | €9,692 | +€668 | +7.4% |
| Other amounts receivable | 41 | €7,000 | €3,028 | -€3,972 | -56.7% |
| Cash at bank and in hand | 54/58 | €34,314 | €72,977 | +€38,663 | +112.7% |
| Total equity and liabilities | 10/49 | €101,304 | €120,553 | +€19,249 | +19.0% |
| Equity | 10/15 | -€217,761 | -€228,178 | -€10,417 | -4.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€223,961 | -€234,378 | -€10,417 | -4.7% |
| Amounts payable | 17/49 | €319,065 | €348,731 | +€29,666 | +9.3% |
| Amounts payable after more than one year | 17 | €45,536 | €23,934 | -€21,602 | -47.4% |
| Financial debts | 170/4 | €45,536 | €23,934 | -€21,602 | -47.4% |
| Amounts payable within one year | 42/48 | €273,529 | €324,798 | +€51,269 | +18.7% |
| Current portion of amounts payable after more than one year | 42 | €21,928 | €22,660 | +€732 | +3.3% |
| Trade debts | 44 | €81,010 | €98,392 | +€17,381 | +21.5% |
| Suppliers | 440/4 | €81,010 | €98,392 | +€17,381 | +21.5% |
| Taxes, remuneration and social security | 45 | €111,854 | €109,156 | -€2,698 | -2.4% |
| Taxes | 450/3 | €27,174 | €65,626 | +€38,452 | +141.5% |
| Remuneration and social security | 454/9 | €84,681 | €43,530 | -€41,151 | -48.6% |
| Other amounts payable | 47/48 | €58,736 | €94,590 | +€35,854 | +61.0% |
| Remuneration, social security and pensions | 62 | €361,594 | €371,974 | +€10,380 | +2.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,195 | €18,630 | +€435 | +2.4% |
| Other operating charges | 640/8 | €2,993 | €996 | -€1,997 | -66.7% |
| Gross operating margin | 9900 | €378,524 | €399,728 | +€21,204 | +5.6% |
| Operating profit (loss) | 9901 | -€4,258 | €8,128 | +€12,386 | |
| Financial charges | 65/66B | €8,148 | €18,545 | +€10,397 | +127.6% |
| Recurring financial charges | 65 | €8,148 | €18,545 | +€10,397 | +127.6% |
| Profit (loss) for the period before taxes | 9903 | -€12,406 | -€10,417 | +€1,989 | +16.0% |
| Profit (loss) for the period | 9904 | -€12,406 | -€10,417 | +€1,989 | +16.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€12,406 | -€10,417 | +€1,989 | +16.0% |
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 9 October 2026 via checked.be.