WATTSOL: 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.
WATTSOL
Largest movements
- Cash +€23,082
up €23,082 (+360650.8%), from €6 to €23,088
mainly Net result for the year (+€153,248) and Tax, wage and social debts (+€20,883)
- Receivables within one year +€22,503
up €22,503 (+37.4%), from €60,177 to €82,680
of which Trade receivables: +€24,180
- Profit (loss) carried forward +€153,248
up €153,248 (+65.6%), from -€233,485 to -€80,237
- Trade debts -€129,592
down €129,592 (-58.4%), from €221,832 to €92,240
- Tax, wage and social debts +€20,883
new in 2025: €20,883
- Gross operating margin +€94,517
up €94,517 (+158.3%), from €59,723 to €154,239
- Other operating charges -€2,083
down €2,083 (-83.5%), from €2,494 to €412
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 | €60,183 | €105,768 | +€45,585 | +75.7% |
| Current assets | 29/58 | €60,183 | €105,768 | +€45,585 | +75.7% |
| Amounts receivable within one year | 40/41 | €60,177 | €82,680 | +€22,503 | +37.4% |
| Trade receivables | 40 | €58,500 | €82,680 | +€24,180 | +41.3% |
| Other amounts receivable | 41 | €1,677 | - | -€1,677 | |
| Cash at bank and in hand | 54/58 | €6 | €23,088 | +€23,082 | +360650.8% |
| Total equity and liabilities | 10/49 | €60,183 | €105,768 | +€45,585 | +75.7% |
| Equity | 10/15 | -€162,285 | -€9,037 | +€153,248 | +94.4% |
| Contributions | 10/11 | €71,200 | €71,200 | = | 0.0% |
| Capital | 10 | €71,200 | €71,200 | = | 0.0% |
| Issued capital | 100 | €71,200 | €71,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€233,485 | -€80,237 | +€153,248 | +65.6% |
| Amounts payable | 17/49 | €222,468 | €114,805 | -€107,663 | -48.4% |
| Amounts payable within one year | 42/48 | €222,468 | €114,805 | -€107,663 | -48.4% |
| Trade debts | 44 | €221,832 | €92,240 | -€129,592 | -58.4% |
| Suppliers | 440/4 | €221,832 | €92,240 | -€129,592 | -58.4% |
| Taxes, remuneration and social security | 45 | - | €20,883 | +€20,883 | |
| Taxes | 450/3 | - | €20,883 | +€20,883 | |
| Other amounts payable | 47/48 | €636 | €1,682 | +€1,046 | +164.5% |
| Other operating charges | 640/8 | €2,494 | €412 | -€2,083 | -83.5% |
| Gross operating margin | 9900 | €59,723 | €154,239 | +€94,517 | +158.3% |
| Operating profit (loss) | 9901 | €57,228 | €153,827 | +€96,599 | +168.8% |
| Financial charges | 65/66B | €430 | €579 | +€149 | +34.8% |
| Recurring financial charges | 65 | €430 | €579 | +€149 | +34.8% |
| Profit (loss) for the period before taxes | 9903 | €56,798 | €153,248 | +€96,450 | +169.8% |
| Profit (loss) for the period | 9904 | €56,798 | €153,248 | +€96,450 | +169.8% |
| Profit (loss) for the period to be appropriated | 9905 | €56,798 | €153,248 | +€96,450 | +169.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.