WATTIER & CLAUS CONSTRUCT: 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.
WATTIER & CLAUS CONSTRUCT
Largest movements
- Receivables within one year +€1,824
up €1,824 (+3.6%), from €50,391 to €52,215
of which Other amounts receivable: +€3,401
- Stocks and contracts +€1,226
new in 2025: €1,226
- Tax, wage and social debts +€2,600
new in 2025: €2,600
- Reserves +€585
up €585 (+1.5%), from €38,021 to €38,606
- Gross operating margin +€20,139
up €20,139, from -€600 to €19,539
- Taxes +€2,600
new in 2025: €2,600
- Depreciation -€846
no longer reported in 2025 (was €846)
- Staff costs -€494
no longer reported in 2025 (was €494)
- Financial charges +€263
up €263 (+15.9%), from €1,654 to €1,916
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 | €50,932 | €53,648 | +€2,716 | +5.3% |
| Current assets | 29/58 | €50,932 | €53,648 | +€2,716 | +5.3% |
| Stocks and contracts in progress | 3 | - | €1,226 | +€1,226 | |
| Stocks | 30/36 | - | €1,226 | +€1,226 | |
| Amounts receivable within one year | 40/41 | €50,391 | €52,215 | +€1,824 | +3.6% |
| Trade receivables | 40 | €5,431 | €3,855 | -€1,576 | -29.0% |
| Other amounts receivable | 41 | €44,959 | €48,360 | +€3,401 | +7.6% |
| Cash at bank and in hand | 54/58 | €542 | €207 | -€335 | -61.8% |
| Total equity and liabilities | 10/49 | €50,932 | €53,648 | +€2,716 | +5.3% |
| Equity | 10/15 | €48,841 | €49,426 | +€585 | +1.2% |
| Contributions | 10/11 | €8,400 | €8,400 | = | 0.0% |
| Reserves | 13 | €38,021 | €38,606 | +€585 | +1.5% |
| Distributable reserves | 133 | €38,021 | €38,606 | +€585 | +1.5% |
| Profit (loss) carried forward | 14 | €2,419 | €2,419 | = | 0.0% |
| Amounts payable | 17/49 | €2,092 | €4,223 | +€2,131 | +101.9% |
| Amounts payable within one year | 42/48 | €2,092 | €4,223 | +€2,131 | +101.9% |
| Financial debts | 43 | - | €19 | +€19 | |
| Credit institutions | 430/8 | - | €19 | +€19 | |
| Trade debts | 44 | €2,092 | €1,605 | -€487 | -23.3% |
| Suppliers | 440/4 | €2,092 | €1,605 | -€487 | -23.3% |
| Taxes, remuneration and social security | 45 | - | €2,600 | +€2,600 | |
| Taxes | 450/3 | - | €2,600 | +€2,600 | |
| Non-recurring operating income | 76A | €9,292 | - | -€9,292 | |
| Remuneration, social security and pensions | 62 | €494 | - | -€494 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €846 | - | -€846 | |
| Other operating charges | 640/8 | €256 | €106 | -€150 | -58.5% |
| Non-recurring operating charges | 66A | €9,508 | - | -€9,508 | |
| Gross operating margin | 9900 | -€600 | €19,539 | +€20,139 | |
| Operating profit (loss) | 9901 | -€11,705 | €19,433 | +€31,138 | |
| Financial income | 75/76B | - | €7 | +€7 | |
| Recurring financial income | 75 | - | €7 | +€7 | |
| Financial charges | 65/66B | €1,654 | €1,916 | +€263 | +15.9% |
| Recurring financial charges | 65 | €1,654 | €1,916 | +€263 | +15.9% |
| Profit (loss) for the period before taxes | 9903 | -€13,358 | €17,524 | +€30,883 | |
| Income taxes | 67/77 | - | €2,600 | +€2,600 | |
| Profit (loss) for the period | 9904 | -€13,358 | €14,925 | +€28,283 | |
| Profit (loss) for the period to be appropriated | 9905 | -€13,358 | €14,925 | +€28,283 |
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.