Watt4you: 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.
Watt4you
Largest movements
- Receivables within one year -€27,742
down €27,742 (-79.5%), from €34,874 to €7,132
of which Trade receivables: -€27,742
- Tangible fixed assets -€1,969
down €1,969 (-69.8%), from €2,823 to €854
of which Furniture and vehicles: -€1,919
- Deferred charges and accrued income -€1,374
no longer reported in 2025 (was €1,374)
- Cash +€602
up €602 (+35.3%), from €1,703 to €2,305
mainly Receivables within one year (+€27,742) and Depreciation (+€1,969)
- Profit (loss) carried forward -€18,609
down €18,609 (-40.1%), from -€46,412 to -€65,021
- Trade debts -€10,808
down €10,808 (-31.2%), from €34,672 to €23,864
- Other debts -€1,385
down €1,385 (-4.4%), from €31,346 to €29,961
- Gross operating margin +€10,715
up €10,715 (+72.3%), from -€14,810 to -€4,096
- Depreciation -€2,333
down €2,333 (-54.2%), from €4,302 to €1,969
- Other operating charges -€1,358
no longer reported in 2025 (was €1,358)
- Financial charges +€289
up €289 (+113%), from €255 to €545
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 | €40,775 | €10,291 | -€30,484 | -74.8% |
| Fixed assets | 21/28 | €2,823 | €854 | -€1,969 | -69.8% |
| Tangible fixed assets | 22/27 | €2,823 | €854 | -€1,969 | -69.8% |
| Plant, machinery and equipment | 23 | €114 | €64 | -€50 | -44.0% |
| Furniture and vehicles | 24 | €2,709 | €790 | -€1,919 | -70.8% |
| Current assets | 29/58 | €37,952 | €9,437 | -€28,515 | -75.1% |
| Amounts receivable within one year | 40/41 | €34,874 | €7,132 | -€27,742 | -79.5% |
| Trade receivables | 40 | €34,848 | €7,106 | -€27,742 | -79.6% |
| Other amounts receivable | 41 | €26 | €26 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €1,703 | €2,305 | +€602 | +35.3% |
| Deferred charges and accrued income | 490/1 | €1,374 | - | -€1,374 | |
| Total equity and liabilities | 10/49 | €40,775 | €10,291 | -€30,484 | -74.8% |
| Equity | 10/15 | -€38,712 | -€57,321 | -€18,609 | -48.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | €6,200 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,500 | €1,500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,500 | €1,500 | = | 0.0% |
| Legal reserve | 130 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€46,412 | -€65,021 | -€18,609 | -40.1% |
| Amounts payable | 17/49 | €79,487 | €67,612 | -€11,875 | -14.9% |
| Amounts payable within one year | 42/48 | €79,487 | €67,612 | -€11,875 | -14.9% |
| Trade debts | 44 | €34,672 | €23,864 | -€10,808 | -31.2% |
| Suppliers | 440/4 | €34,672 | €23,864 | -€10,808 | -31.2% |
| Taxes, remuneration and social security | 45 | €13,469 | €13,787 | +€318 | +2.4% |
| Taxes | 450/3 | €13,469 | €13,787 | +€318 | +2.4% |
| Other amounts payable | 47/48 | €31,346 | €29,961 | -€1,385 | -4.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,302 | €1,969 | -€2,333 | -54.2% |
| Other operating charges | 640/8 | €1,358 | - | -€1,358 | |
| Gross operating margin | 9900 | -€14,810 | -€4,096 | +€10,715 | +72.3% |
| Operating profit (loss) | 9901 | -€20,470 | -€6,065 | +€14,405 | +70.4% |
| Financial income | 75/76B | €3 | - | -€3 | |
| Recurring financial income | 75 | €3 | - | -€3 | |
| Financial charges | 65/66B | €255 | €545 | +€289 | +113% |
| Recurring financial charges | 65 | €255 | €545 | +€289 | +113% |
| Profit (loss) for the period before taxes | 9903 | -€20,722 | -€6,609 | +€14,113 | +68.1% |
| Profit (loss) for the period | 9904 | -€20,722 | -€6,609 | +€14,113 | +68.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€20,722 | -€6,609 | +€14,113 | +68.1% |
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 16 October 2026 via checked.be.