WATUP: 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.
WATUP
Largest movements
- Receivables within one year +€40,658
up €40,658 (+272%), from €14,940 to €55,598
of which Other amounts receivable: +€21,328
- Deferred charges and accrued income +€17,635
up €17,635 (+1,540%), from €1,145 to €18,780
- Stocks and contracts -€9,205
down €9,205 (-21.9%), from €41,992 to €32,787
- Cash +€2,887
up €2,887 (+33.2%), from €8,697 to €11,584
mainly Accrued charges and deferred income (+€31,987) and Net result for the year (+€14,425)
- Tangible fixed assets -€1,608
down €1,608 (-32.8%), from €4,902 to €3,294
of which Furniture and vehicles: -€1,876
- Accrued charges and deferred income +€31,987
up €31,987 (+4,921%), from €650 to €32,637
- Profit (loss) carried forward +€28,327
up €28,327, from -€12,202 to €16,125
- Other debts -€7,474
down €7,474 (-19.7%), from €37,863 to €30,389
- Trade debts -€6,181
down €6,181 (-100%), from €6,181 to €0
- Tax, wage and social debts +€3,934
up €3,934 (+20.0%), from €19,624 to €23,558
of which Remuneration and social security: +€3,793
- Staff costs -€42,564
down €42,564 (-54.3%), from €78,371 to €35,808
- Gross operating margin -€38,243
down €38,243 (-38.9%), from €98,286 to €60,043
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 | €72,577 | €123,169 | +€50,592 | +69.7% |
| Fixed assets | 21/28 | €5,803 | €4,420 | -€1,383 | -23.8% |
| Tangible fixed assets | 22/27 | €4,902 | €3,294 | -€1,608 | -32.8% |
| Plant, machinery and equipment | 23 | - | €269 | +€269 | |
| Furniture and vehicles | 24 | €4,902 | €3,025 | -€1,876 | -38.3% |
| Financial fixed assets | 28 | €901 | €1,126 | +€225 | +25.0% |
| Current assets | 29/58 | €66,774 | €118,749 | +€51,975 | +77.8% |
| Stocks and contracts in progress | 3 | €41,992 | €32,787 | -€9,205 | -21.9% |
| Stocks | 30/36 | €41,992 | €32,787 | -€9,205 | -21.9% |
| Amounts receivable within one year | 40/41 | €14,940 | €55,598 | +€40,658 | +272% |
| Trade receivables | 40 | €11,312 | €30,641 | +€19,330 | +171% |
| Other amounts receivable | 41 | €3,629 | €24,957 | +€21,328 | +588% |
| Cash at bank and in hand | 54/58 | €8,697 | €11,584 | +€2,887 | +33.2% |
| Deferred charges and accrued income | 490/1 | €1,145 | €18,780 | +€17,635 | +1,540% |
| Total equity and liabilities | 10/49 | €72,577 | €123,169 | +€50,592 | +69.7% |
| Equity | 10/15 | €8,258 | €36,585 | +€28,327 | +343% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€12,202 | €16,125 | +€28,327 | |
| Amounts payable | 17/49 | €64,319 | €86,584 | +€22,265 | +34.6% |
| Amounts payable within one year | 42/48 | €63,669 | €53,947 | -€9,722 | -15.3% |
| Trade debts | 44 | €6,181 | €0 | -€6,181 | -100% |
| Suppliers | 440/4 | €6,181 | €0 | -€6,181 | -100% |
| Taxes, remuneration and social security | 45 | €19,624 | €23,558 | +€3,934 | +20.0% |
| Taxes | 450/3 | €6,409 | €6,549 | +€141 | +2.2% |
| Remuneration and social security | 454/9 | €13,216 | €17,009 | +€3,793 | +28.7% |
| Other amounts payable | 47/48 | €37,863 | €30,389 | -€7,474 | -19.7% |
| Accrued charges and deferred income | 492/3 | €650 | €32,637 | +€31,987 | +4,921% |
| Remuneration, social security and pensions | 62 | €78,371 | €35,808 | -€42,564 | -54.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,570 | €1,908 | +€338 | +21.5% |
| Other operating charges | 640/8 | €474 | €567 | +€93 | +19.6% |
| Gross operating margin | 9900 | €98,286 | €60,043 | -€38,243 | -38.9% |
| Operating profit (loss) | 9901 | €17,870 | €21,760 | +€3,890 | +21.8% |
| Financial income | 75/76B | - | €297 | +€297 | |
| Recurring financial income | 75 | - | €21 | +€21 | |
| Non-recurring financial income | 76B | - | €276 | +€276 | |
| Financial charges | 65/66B | €416 | €791 | +€375 | +90.1% |
| Recurring financial charges | 65 | €416 | €791 | +€375 | +90.1% |
| Profit (loss) for the period before taxes | 9903 | €17,454 | €21,266 | +€3,812 | +21.8% |
| Income taxes | 67/77 | €6,341 | €6,841 | +€500 | +7.9% |
| Profit (loss) for the period | 9904 | €11,113 | €14,425 | +€3,312 | +29.8% |
| Profit (loss) for the period to be appropriated | 9905 | €11,113 | €14,425 | +€3,312 | +29.8% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.