WATYPIQUE: 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.
WATYPIQUE
Largest movements
- Cash -€7,074
down €7,074 (-31.3%), from €22,600 to €15,526
mainly Debts after one year (-€5,430) and Trade debts (-€5,198)
- Tangible fixed assets -€4,870
down €4,870 (-3.3%), from €149,468 to €144,598
- Receivables within one year -€3,242
down €3,242 (-31.3%), from €10,343 to €7,101
- Debts after one year -€5,430
down €5,430 (-4.6%), from €118,121 to €112,691
- Trade debts -€5,198
down €5,198 (-90.6%), from €5,736 to €538
- Tax, wage and social debts -€3,354
down €3,354 (-26.0%), from €12,909 to €9,555
- Gross operating margin -€14,641
down €14,641 (-57.4%), from €25,528 to €10,887
- Taxes -€2,392
down €2,392 (-77.3%), from €3,094 to €702
- Other operating charges -€569
down €569 (-25.8%), from €2,204 to €1,635
- Financial charges -€437
down €437 (-10.0%), from €4,387 to €3,950
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 | €190,016 | €175,590 | -€14,426 | -7.6% |
| Fixed assets | 21/28 | €149,468 | €144,598 | -€4,870 | -3.3% |
| Tangible fixed assets | 22/27 | €149,468 | €144,598 | -€4,870 | -3.3% |
| Land and buildings | 22 | €149,468 | €144,598 | -€4,870 | -3.3% |
| Current assets | 29/58 | €40,548 | €30,992 | -€9,556 | -23.6% |
| Stocks and contracts in progress | 3 | €7,605 | €8,365 | +€760 | +10.0% |
| Stocks | 30/36 | €7,605 | €8,365 | +€760 | +10.0% |
| Amounts receivable within one year | 40/41 | €10,343 | €7,101 | -€3,242 | -31.3% |
| Trade receivables | 40 | €10,343 | €7,101 | -€3,242 | -31.3% |
| Cash at bank and in hand | 54/58 | €22,600 | €15,526 | -€7,074 | -31.3% |
| Total equity and liabilities | 10/49 | €190,016 | €175,590 | -€14,426 | -7.6% |
| Equity | 10/15 | €39,423 | €39,174 | -€249 | -0.6% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Reserves | 13 | €11,708 | €11,708 | = | 0.0% |
| Distributable reserves | 133 | €11,708 | €11,708 | = | 0.0% |
| Profit (loss) carried forward | 14 | €27,215 | €26,966 | -€249 | -0.9% |
| Amounts payable | 17/49 | €150,593 | €136,416 | -€14,177 | -9.4% |
| Amounts payable after more than one year | 17 | €118,121 | €112,691 | -€5,430 | -4.6% |
| Financial debts | 170/4 | €118,121 | €112,691 | -€5,430 | -4.6% |
| Amounts payable within one year | 42/48 | €31,694 | €23,725 | -€7,969 | -25.1% |
| Current portion of amounts payable after more than one year | 42 | €5,257 | €5,875 | +€618 | +11.8% |
| Trade debts | 44 | €5,736 | €538 | -€5,198 | -90.6% |
| Suppliers | 440/4 | €5,736 | €538 | -€5,198 | -90.6% |
| Taxes, remuneration and social security | 45 | €12,909 | €9,555 | -€3,354 | -26.0% |
| Taxes | 450/3 | €12,909 | €9,555 | -€3,354 | -26.0% |
| Other amounts payable | 47/48 | €7,792 | €7,757 | -€35 | -0.4% |
| Accrued charges and deferred income | 492/3 | €778 | - | -€778 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,869 | €4,870 | +€1 | 0.0% |
| Other operating charges | 640/8 | €2,204 | €1,635 | -€569 | -25.8% |
| Gross operating margin | 9900 | €25,528 | €10,887 | -€14,641 | -57.4% |
| Operating profit (loss) | 9901 | €18,455 | €4,382 | -€14,073 | -76.3% |
| Financial income | 75/76B | - | €21 | +€21 | |
| Recurring financial income | 75 | - | €21 | +€21 | |
| Financial charges | 65/66B | €4,387 | €3,950 | -€437 | -10.0% |
| Recurring financial charges | 65 | €4,387 | €3,950 | -€437 | -10.0% |
| Profit (loss) for the period before taxes | 9903 | €14,068 | €453 | -€13,615 | -96.8% |
| Income taxes | 67/77 | €3,094 | €702 | -€2,392 | -77.3% |
| Profit (loss) for the period | 9904 | €10,974 | -€249 | -€11,223 | |
| Profit (loss) for the period to be appropriated | 9905 | €10,974 | -€249 | -€11,223 |
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.