WATTEYNE CONSTRUCTION: 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.
WATTEYNE CONSTRUCTION
Largest movements
- Receivables within one year -€7,237
down €7,237 (-13.9%), from €52,135 to €44,898
of which Trade receivables: -€10,203
- Tangible fixed assets -€6,038
down €6,038 (-84.4%), from €7,155 to €1,116
- Cash -€1,223
down €1,223 (-26.3%), from €4,657 to €3,434
mainly Net result for the year (-€13,379) and Other debts (-€5,165)
- Profit (loss) carried forward -€13,379
down €13,379 (-16.6%), from -€80,442 to -€93,821
- Trade debts +€5,245
up €5,245 (+1346.1%), from €390 to €5,635
- Other debts -€5,165
down €5,165 (-3.9%), from €132,592 to €127,427
- Tax, wage and social debts -€987
down €987 (-87.9%), from €1,123 to €136
- Gross operating margin +€44,493
up €44,493 (+87.6%), from -€50,809 to -€6,316
- Financial charges -€1,303
down €1,303 (-81.2%), from €1,606 to €303
- Other operating charges -€573
down €573 (-44.2%), from €1,295 to €722
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €64,393 | €50,107 | -€14,286 | -22.2% |
| Fixed assets | 21/28 | €7,155 | €1,116 | -€6,038 | -84.4% |
| Tangible fixed assets | 22/27 | €7,155 | €1,116 | -€6,038 | -84.4% |
| Furniture and vehicles | 24 | €7,155 | €1,116 | -€6,038 | -84.4% |
| Current assets | 29/58 | €57,239 | €48,991 | -€8,248 | -14.4% |
| Amounts receivable within one year | 40/41 | €52,135 | €44,898 | -€7,237 | -13.9% |
| Trade receivables | 40 | €51,722 | €41,519 | -€10,203 | -19.7% |
| Other amounts receivable | 41 | €413 | €3,379 | +€2,966 | +718.1% |
| Cash at bank and in hand | 54/58 | €4,657 | €3,434 | -€1,223 | -26.3% |
| Deferred charges and accrued income | 490/1 | €447 | €659 | +€212 | +47.4% |
| Total equity and liabilities | 10/49 | €64,393 | €50,107 | -€14,286 | -22.2% |
| Equity | 10/15 | -€69,712 | -€83,091 | -€13,379 | -19.2% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €730 | €730 | = | 0.0% |
| Non-distributable reserves | 130/1 | €730 | €730 | = | 0.0% |
| Reserves not available under the articles | 1311 | €730 | €730 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€80,442 | -€93,821 | -€13,379 | -16.6% |
| Amounts payable | 17/49 | €134,105 | €133,198 | -€907 | -0.7% |
| Amounts payable within one year | 42/48 | €134,105 | €133,198 | -€907 | -0.7% |
| Trade debts | 44 | €390 | €5,635 | +€5,245 | +1346.1% |
| Suppliers | 440/4 | €390 | €5,635 | +€5,245 | +1346.1% |
| Taxes, remuneration and social security | 45 | €1,123 | €136 | -€987 | -87.9% |
| Taxes | 450/3 | €1,123 | €136 | -€987 | -87.9% |
| Other amounts payable | 47/48 | €132,592 | €127,427 | -€5,165 | -3.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,400 | €6,038 | -€362 | -5.7% |
| Other operating charges | 640/8 | €1,295 | €722 | -€573 | -44.2% |
| Gross operating margin | 9900 | -€50,809 | -€6,316 | +€44,493 | +87.6% |
| Operating profit (loss) | 9901 | -€58,504 | -€13,076 | +€45,428 | +77.6% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €1,606 | €303 | -€1,303 | -81.2% |
| Recurring financial charges | 65 | €1,606 | €303 | -€1,303 | -81.2% |
| Profit (loss) for the period before taxes | 9903 | -€60,110 | -€13,379 | +€46,731 | +77.7% |
| Income taxes | 67/77 | €137 | €0 | -€136 | -99.8% |
| Profit (loss) for the period | 9904 | -€60,246 | -€13,379 | +€46,867 | +77.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€60,246 | -€13,379 | +€46,867 | +77.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.