Wattify: 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.
Wattify
Largest movements
- Receivables within one year -€53,088
down €53,088 (-49.5%), from €107,310 to €54,222
of which Trade receivables: -€92,193
- Stocks and contracts -€14,160
down €14,160 (-33.0%), from €42,882 to €28,722
- Cash +€9,459
up €9,459 (+17.6%), from €53,867 to €63,326
mainly Receivables within one year (+€53,088) and Stocks and contracts (+€14,160)
- Trade debts -€22,493
down €22,493 (-82.0%), from €27,424 to €4,931
- Profit (loss) carried forward -€20,027
down €20,027 (-12.0%), from €167,482 to €147,455
- Advances received -€11,625
down €11,625 (-100%), from €11,625 to €0
- Gross operating margin -€91,823
down €91,823, from €79,812 to -€12,010
- Taxes -€14,500
down €14,500 (-100%), from €14,500 to €0
- Depreciation +€3,629
up €3,629 (+150%), from €2,414 to €6,043
- Write-downs -€2,994
down €2,994 (-100%), from €2,994 to €0
- Other operating charges -€905
down €905 (-57.4%), from €1,576 to €671
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 | €223,875 | €168,571 | -€55,304 | -24.7% |
| Fixed assets | 21/28 | €19,816 | €21,684 | +€1,868 | +9.4% |
| Tangible fixed assets | 22/27 | €19,816 | €21,684 | +€1,868 | +9.4% |
| Plant, machinery and equipment | 23 | €15,243 | €18,713 | +€3,470 | +22.8% |
| Furniture and vehicles | 24 | €4,573 | €2,971 | -€1,602 | -35.0% |
| Current assets | 29/58 | €204,059 | €146,887 | -€57,172 | -28.0% |
| Stocks and contracts in progress | 3 | €42,882 | €28,722 | -€14,160 | -33.0% |
| Stocks | 30/36 | €42,882 | €28,722 | -€14,160 | -33.0% |
| Amounts receivable within one year | 40/41 | €107,310 | €54,222 | -€53,088 | -49.5% |
| Trade receivables | 40 | €96,910 | €4,718 | -€92,193 | -95.1% |
| Other amounts receivable | 41 | €10,399 | €49,504 | +€39,104 | +376% |
| Cash at bank and in hand | 54/58 | €53,867 | €63,326 | +€9,459 | +17.6% |
| Deferred charges and accrued income | 490/1 | - | €617 | +€617 | |
| Total equity and liabilities | 10/49 | €223,875 | €168,571 | -€55,304 | -24.7% |
| Equity | 10/15 | €168,982 | €148,955 | -€20,027 | -11.9% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €167,482 | €147,455 | -€20,027 | -12.0% |
| Amounts payable | 17/49 | €54,893 | €19,616 | -€35,277 | -64.3% |
| Amounts payable within one year | 42/48 | €54,893 | €19,616 | -€35,277 | -64.3% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €27,424 | €4,931 | -€22,493 | -82.0% |
| Suppliers | 440/4 | €27,424 | €4,931 | -€22,493 | -82.0% |
| Advances received on contracts in progress | 46 | €11,625 | €0 | -€11,625 | -100% |
| Taxes, remuneration and social security | 45 | €14,616 | €14,616 | = | 0.0% |
| Taxes | 450/3 | €14,616 | €14,616 | = | 0.0% |
| Other amounts payable | 47/48 | €1,229 | €70 | -€1,159 | -94.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,414 | €6,043 | +€3,629 | +150% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €2,994 | €0 | -€2,994 | -100% |
| Other operating charges | 640/8 | €1,576 | €671 | -€905 | -57.4% |
| Gross operating margin | 9900 | €79,812 | -€12,010 | -€91,823 | |
| Operating profit (loss) | 9901 | €72,828 | -€18,724 | -€91,553 | |
| Financial income | 75/76B | €148 | €150 | +€1 | +0.9% |
| Recurring financial income | 75 | €148 | €150 | +€1 | +0.9% |
| Financial charges | 65/66B | €1,295 | €1,453 | +€158 | +12.2% |
| Recurring financial charges | 65 | €1,295 | €1,453 | +€158 | +12.2% |
| Profit (loss) for the period before taxes | 9903 | €71,682 | -€20,027 | -€91,710 | |
| Income taxes | 67/77 | €14,500 | €0 | -€14,500 | -100% |
| Profit (loss) for the period | 9904 | €57,182 | -€20,027 | -€77,210 | |
| Profit (loss) for the period to be appropriated | 9905 | €57,182 | -€20,027 | -€77,210 |
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.