WATTITUDE: 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.
WATTITUDE
Largest movements
- Cash +€23,584
up €23,584 (+63.9%), from €36,917 to €60,500
mainly Depreciation (+€15,720) and Net result for the year (+€11,915)
- Intangible fixed assets -€13,148
down €13,148 (-62.4%), from €21,059 to €7,911
- Receivables within one year -€6,331
down €6,331 (-44.2%), from €14,322 to €7,990
- Stocks and contracts -€4,444
down €4,444 (-18.3%), from €24,344 to €19,900
- Tangible fixed assets -€2,572
down €2,572 (-41.1%), from €6,252 to €3,680
of which Other tangible fixed assets: -€2,215
- Trade debts -€13,281
down €13,281 (-15.8%), from €84,227 to €70,946
- Profit (loss) carried forward +€11,915
up €11,915 (+71.2%), from -€16,729 to -€4,814
- Other debts -€4,000
down €4,000 (-66.7%), from €6,000 to €2,000
- Tax, wage and social debts +€3,154
up €3,154 (+20.7%), from €15,212 to €18,366
of which Taxes: +€2,064
- Gross operating margin +€23,798
up €23,798 (+41.1%), from €57,846 to €81,644
- Staff costs +€3,472
up €3,472 (+7.6%), from €45,737 to €49,209
- Financial income -€3,209
down €3,209 (-97.2%), from €3,302 to €92
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 | €110,236 | €107,487 | -€2,748 | -2.5% |
| Fixed assets | 21/28 | €31,486 | €16,026 | -€15,460 | -49.1% |
| Intangible fixed assets | 21 | €21,059 | €7,911 | -€13,148 | -62.4% |
| Tangible fixed assets | 22/27 | €6,252 | €3,680 | -€2,572 | -41.1% |
| Furniture and vehicles | 24 | €1,673 | €1,315 | -€358 | -21.4% |
| Other tangible fixed assets | 26 | €4,579 | €2,365 | -€2,215 | -48.4% |
| Financial fixed assets | 28 | €4,175 | €4,435 | +€260 | +6.2% |
| Current assets | 29/58 | €78,749 | €91,462 | +€12,712 | +16.1% |
| Stocks and contracts in progress | 3 | €24,344 | €19,900 | -€4,444 | -18.3% |
| Stocks | 30/36 | €24,344 | €19,900 | -€4,444 | -18.3% |
| Amounts receivable within one year | 40/41 | €14,322 | €7,990 | -€6,331 | -44.2% |
| Trade receivables | 40 | €14,322 | €7,990 | -€6,331 | -44.2% |
| Cash at bank and in hand | 54/58 | €36,917 | €60,500 | +€23,584 | +63.9% |
| Deferred charges and accrued income | 490/1 | €3,167 | €3,071 | -€96 | -3.0% |
| Total equity and liabilities | 10/49 | €110,236 | €107,487 | -€2,748 | -2.5% |
| Equity | 10/15 | €2,471 | €14,386 | +€11,915 | +482.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €600 | €600 | = | 0.0% |
| Non-distributable reserves | 130/1 | €600 | €600 | = | 0.0% |
| Reserves not available under the articles | 1311 | €600 | €600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€16,729 | -€4,814 | +€11,915 | +71.2% |
| Amounts payable | 17/49 | €107,765 | €93,101 | -€14,663 | -13.6% |
| Amounts payable within one year | 42/48 | €105,935 | €91,312 | -€14,623 | -13.8% |
| Trade debts | 44 | €84,227 | €70,946 | -€13,281 | -15.8% |
| Suppliers | 440/4 | €84,227 | €70,946 | -€13,281 | -15.8% |
| Advances received on contracts in progress | 46 | €496 | - | -€496 | |
| Taxes, remuneration and social security | 45 | €15,212 | €18,366 | +€3,154 | +20.7% |
| Taxes | 450/3 | €9,318 | €11,381 | +€2,064 | +22.1% |
| Remuneration and social security | 454/9 | €5,894 | €6,985 | +€1,091 | +18.5% |
| Other amounts payable | 47/48 | €6,000 | €2,000 | -€4,000 | -66.7% |
| Accrued charges and deferred income | 492/3 | €1,830 | €1,790 | -€40 | -2.2% |
| Remuneration, social security and pensions | 62 | €45,737 | €49,209 | +€3,472 | +7.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,720 | €15,720 | = | 0.0% |
| Other operating charges | 640/8 | €962 | €1,710 | +€748 | +77.8% |
| Gross operating margin | 9900 | €57,846 | €81,644 | +€23,798 | +41.1% |
| Operating profit (loss) | 9901 | -€4,573 | €15,005 | +€19,578 | |
| Financial income | 75/76B | €3,302 | €92 | -€3,209 | -97.2% |
| Recurring financial income | 75 | €3,302 | €92 | -€3,209 | -97.2% |
| Financial charges | 65/66B | €3,157 | €3,174 | +€16 | +0.5% |
| Recurring financial charges | 65 | €3,157 | €3,174 | +€16 | +0.5% |
| Profit (loss) for the period before taxes | 9903 | -€4,429 | €11,923 | +€16,352 | |
| Income taxes | 67/77 | €140 | €8 | -€131 | -94.0% |
| Profit (loss) for the period | 9904 | -€4,568 | €11,915 | +€16,484 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,568 | €11,915 | +€16,484 |
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 10 October 2026 via checked.be.