WATT2do: 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.
WATT2do
Largest movements
- Cash +€11,999
up €11,999 (+40.6%), from €29,539 to €41,538
mainly Net result for the year (+€16,988) and Accrued charges and deferred income (+€1,345)
- Reserves +€16,988
up €16,988 (+74.3%), from €22,876 to €39,864
- Tax, wage and social debts -€4,093
down €4,093 (-39.6%), from €10,325 to €6,231
of which Taxes: -€4,093
- Other debts -€1,642
down €1,642 (-8.4%), from €19,615 to €17,973
- Accrued charges and deferred income +€1,345
new in 2025: €1,345
- Trade debts -€754
down €754 (-60.3%), from €1,250 to €497
- Gross operating margin +€12,250
up €12,250 (+94.1%), from €13,018 to €25,268
- Taxes +€2,909
up €2,909 (+127.9%), from €2,275 to €5,183
- Financial charges -€512
down €512 (-13.8%), from €3,698 to €3,186
- Financial income +€470
up €470, from €0 to €470
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 | €59,066 | €70,910 | +€11,845 | +20.1% |
| Fixed assets | 21/28 | €20,000 | €20,470 | +€470 | +2.3% |
| Financial fixed assets | 28 | €20,000 | €20,470 | +€470 | +2.3% |
| Current assets | 29/58 | €39,066 | €50,441 | +€11,375 | +29.1% |
| Amounts receivable within one year | 40/41 | €7,260 | €7,260 | = | 0.0% |
| Trade receivables | 40 | €7,260 | €7,260 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €29,539 | €41,538 | +€11,999 | +40.6% |
| Deferred charges and accrued income | 490/1 | €2,267 | €1,643 | -€624 | -27.5% |
| Total equity and liabilities | 10/49 | €59,066 | €70,910 | +€11,845 | +20.1% |
| Equity | 10/15 | €27,876 | €44,864 | +€16,988 | +60.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €22,876 | €39,864 | +€16,988 | +74.3% |
| Distributable reserves | 133 | €22,876 | €39,864 | +€16,988 | +74.3% |
| Amounts payable | 17/49 | €31,190 | €26,046 | -€5,143 | -16.5% |
| Amounts payable within one year | 42/48 | €31,190 | €24,701 | -€6,489 | -20.8% |
| Trade debts | 44 | €1,250 | €497 | -€754 | -60.3% |
| Suppliers | 440/4 | €1,250 | €497 | -€754 | -60.3% |
| Taxes, remuneration and social security | 45 | €10,325 | €6,231 | -€4,093 | -39.6% |
| Taxes | 450/3 | €8,125 | €4,031 | -€4,093 | -50.4% |
| Remuneration and social security | 454/9 | €2,200 | €2,200 | = | 0.0% |
| Other amounts payable | 47/48 | €19,615 | €17,973 | -€1,642 | -8.4% |
| Accrued charges and deferred income | 492/3 | - | €1,345 | +€1,345 | |
| Other operating charges | 640/8 | €370 | €379 | +€9 | +2.6% |
| Gross operating margin | 9900 | €13,018 | €25,268 | +€12,250 | +94.1% |
| Operating profit (loss) | 9901 | €12,648 | €24,888 | +€12,240 | +96.8% |
| Financial income | 75/76B | €0 | €470 | +€470 | |
| Recurring financial income | 75 | €0 | €470 | +€470 | |
| Financial charges | 65/66B | €3,698 | €3,186 | -€512 | -13.8% |
| Recurring financial charges | 65 | €3,698 | €3,186 | -€512 | -13.8% |
| Profit (loss) for the period before taxes | 9903 | €8,950 | €22,172 | +€13,222 | +147.7% |
| Income taxes | 67/77 | €2,275 | €5,183 | +€2,909 | +127.9% |
| Profit (loss) for the period | 9904 | €6,675 | €16,988 | +€10,313 | +154.5% |
| Profit (loss) for the period to be appropriated | 9905 | €6,675 | €16,988 | +€10,313 | +154.5% |
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 7 October 2026 via checked.be.