Wattcounts: 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.
Wattcounts
Largest movements
- Cash +€47,587
up €47,587 (+137.1%), from €34,702 to €82,290
mainly Net result for the year (+€48,733) and Tax, wage and social debts (+€18,731)
- Receivables within one year +€16,761
up €16,761 (+238.2%), from €7,036 to €23,796
of which Trade receivables: +€18,386
- Tangible fixed assets +€5,216
up €5,216 (+442.2%), from €1,180 to €6,396
- Reserves +€48,733
up €48,733 (+174.1%), from €27,993 to €76,726
- Tax, wage and social debts +€18,731
up €18,731 (+246.0%), from €7,614 to €26,345
- Other debts +€1,463
up €1,463 (+33.9%), from €4,315 to €5,779
- Gross operating margin +€27,235
up €27,235 (+75.0%), from €36,321 to €63,556
- Taxes +€5,160
up €5,160 (+70.1%), from €7,365 to €12,525
- Other operating charges +€1,242
new in 2025: €1,242
- Depreciation +€883
up €883 (+878.3%), from €101 to €984
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 | €42,918 | €112,481 | +€69,564 | +162.1% |
| Fixed assets | 21/28 | €1,180 | €6,396 | +€5,216 | +442.2% |
| Tangible fixed assets | 22/27 | €1,180 | €6,396 | +€5,216 | +442.2% |
| Plant, machinery and equipment | 23 | €1,180 | €6,396 | +€5,216 | +442.2% |
| Current assets | 29/58 | €41,738 | €106,086 | +€64,348 | +154.2% |
| Amounts receivable within one year | 40/41 | €7,036 | €23,796 | +€16,761 | +238.2% |
| Trade receivables | 40 | €5,411 | €23,796 | +€18,386 | +339.8% |
| Other amounts receivable | 41 | €1,625 | - | -€1,625 | |
| Cash at bank and in hand | 54/58 | €34,702 | €82,290 | +€47,587 | +137.1% |
| Total equity and liabilities | 10/49 | €42,918 | €112,481 | +€69,564 | +162.1% |
| Equity | 10/15 | €30,493 | €79,226 | +€48,733 | +159.8% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €27,993 | €76,726 | +€48,733 | +174.1% |
| Distributable reserves | 133 | €27,993 | €76,726 | +€48,733 | +174.1% |
| Amounts payable | 17/49 | €12,424 | €33,255 | +€20,831 | +167.7% |
| Amounts payable within one year | 42/48 | €12,424 | €33,096 | +€20,672 | +166.4% |
| Trade debts | 44 | €495 | €972 | +€478 | +96.6% |
| Suppliers | 440/4 | €495 | €972 | +€478 | +96.6% |
| Taxes, remuneration and social security | 45 | €7,614 | €26,345 | +€18,731 | +246.0% |
| Taxes | 450/3 | €7,614 | €26,345 | +€18,731 | +246.0% |
| Other amounts payable | 47/48 | €4,315 | €5,779 | +€1,463 | +33.9% |
| Accrued charges and deferred income | 492/3 | - | €159 | +€159 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €101 | €984 | +€883 | +878.3% |
| Other operating charges | 640/8 | - | €1,242 | +€1,242 | |
| Gross operating margin | 9900 | €36,321 | €63,556 | +€27,235 | +75.0% |
| Operating profit (loss) | 9901 | €36,220 | €61,330 | +€25,110 | +69.3% |
| Financial charges | 65/66B | €29 | €72 | +€43 | +145.8% |
| Recurring financial charges | 65 | €29 | €72 | +€43 | +145.8% |
| Profit (loss) for the period before taxes | 9903 | €36,191 | €61,258 | +€25,067 | +69.3% |
| Income taxes | 67/77 | €7,365 | €12,525 | +€5,160 | +70.1% |
| Profit (loss) for the period | 9904 | €28,826 | €48,733 | +€19,907 | +69.1% |
| Profit (loss) for the period to be appropriated | 9905 | €28,826 | €48,733 | +€19,907 | +69.1% |
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 1 October 2026 via checked.be.