WD BAT: 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.
WD BAT
Largest movements
- Cash -€17,865
down €17,865 (-76.8%), from €23,257 to €5,392
mainly Contributions, distributions and other (-€28,235) and Receivables within one year (-€976)
- Tangible fixed assets -€7,298
down €7,298 (-97.3%), from €7,498 to €199
- Receivables within one year +€976
up €976 (+26.9%), from €3,623 to €4,599
of which Other amounts receivable: +€1,976
- Deferred charges and accrued income -€439
down €439 (-100.0%), from €439 to €0
- Profit (loss) carried forward -€25,090
down €25,090, from €25,006 to -€85
- Other debts +€1,765
up €1,765 (+45.5%), from €3,875 to €5,640
- Trade debts -€904
down €904 (-95.1%), from €951 to €47
- Tax, wage and social debts -€397
down €397 (-20.0%), from €1,985 to €1,588
of which Taxes: -€397
- Gross operating margin -€4,037
down €4,037 (-25.0%), from €16,178 to €12,140
- Taxes -€803
down €803 (-50.6%), from €1,588 to €785
- Depreciation -€801
down €801 (-9.9%), from €8,099 to €7,298
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 | €34,816 | €10,190 | -€24,626 | -70.7% |
| Fixed assets | 21/28 | €7,498 | €199 | -€7,298 | -97.3% |
| Tangible fixed assets | 22/27 | €7,498 | €199 | -€7,298 | -97.3% |
| Furniture and vehicles | 24 | €7,498 | €199 | -€7,298 | -97.3% |
| Current assets | 29/58 | €27,319 | €9,991 | -€17,328 | -63.4% |
| Amounts receivable within one year | 40/41 | €3,623 | €4,599 | +€976 | +26.9% |
| Trade receivables | 40 | €1,000 | €0 | -€1,000 | -100.0% |
| Other amounts receivable | 41 | €2,623 | €4,599 | +€1,976 | +75.3% |
| Cash at bank and in hand | 54/58 | €23,257 | €5,392 | -€17,865 | -76.8% |
| Deferred charges and accrued income | 490/1 | €439 | €0 | -€439 | -100.0% |
| Total equity and liabilities | 10/49 | €34,816 | €10,190 | -€24,626 | -70.7% |
| Equity | 10/15 | €28,006 | €2,915 | -€25,090 | -89.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €25,006 | -€85 | -€25,090 | |
| Amounts payable | 17/49 | €6,811 | €7,275 | +€464 | +6.8% |
| Amounts payable within one year | 42/48 | €6,811 | €7,275 | +€464 | +6.8% |
| Trade debts | 44 | €951 | €47 | -€904 | -95.1% |
| Suppliers | 440/4 | €951 | €47 | -€904 | -95.1% |
| Taxes, remuneration and social security | 45 | €1,985 | €1,588 | -€397 | -20.0% |
| Taxes | 450/3 | €1,985 | €1,588 | -€397 | -20.0% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €3,875 | €5,640 | +€1,765 | +45.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,099 | €7,298 | -€801 | -9.9% |
| Other operating charges | 640/8 | €536 | €563 | +€27 | +5.0% |
| Gross operating margin | 9900 | €16,178 | €12,140 | -€4,037 | -25.0% |
| Operating profit (loss) | 9901 | €7,542 | €4,279 | -€3,263 | -43.3% |
| Financial income | 75/76B | €70 | €0 | -€70 | -100.0% |
| Recurring financial income | 75 | €70 | €0 | -€70 | -100.0% |
| Financial charges | 65/66B | €329 | €349 | +€20 | +6.0% |
| Recurring financial charges | 65 | €329 | €349 | +€20 | +6.0% |
| Profit (loss) for the period before taxes | 9903 | €7,283 | €3,930 | -€3,353 | -46.0% |
| Income taxes | 67/77 | €1,588 | €785 | -€803 | -50.6% |
| Profit (loss) for the period | 9904 | €5,696 | €3,145 | -€2,550 | -44.8% |
| Profit (loss) for the period to be appropriated | 9905 | €5,696 | €3,145 | -€2,550 | -44.8% |
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.