WEROTTE CHAUFFAGE: 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.
WEROTTE CHAUFFAGE
Largest movements
- Receivables within one year +€12,689
up €12,689 (+12.1%), from €105,015 to €117,704
of which Trade receivables: +€21,451
- Stocks and contracts -€11,692
down €11,692 (-29.0%), from €40,259 to €28,567
- Cash -€10,794
down €10,794 (-90.5%), from €11,932 to €1,137
mainly Tax, wage and social debts (-€13,042) and Receivables within one year (-€12,689)
- Deferred charges and accrued income +€8,805
up €8,805 (+134%), from €6,550 to €15,355
- Tangible fixed assets -€5,337
down €5,337 (-18.1%), from €29,542 to €24,205
of which Furniture and vehicles: -€3,900
- Tax, wage and social debts -€13,042
down €13,042 (-84.4%), from €15,449 to €2,407
of which Remuneration and social security: -€15,449
- Trade debts -€9,265
down €9,265 (-15.7%), from €58,864 to €49,599
- Short-term financial debts +€6,824
new in 2025: €6,824
- Other debts +€5,609
up €5,609 (+128%), from €4,375 to €9,984
- Reserves +€2,191
up €2,191 (+5.0%), from €44,255 to €46,446
- Gross operating margin -€34,283
down €34,283 (-65.9%), from €52,015 to €17,732
- Staff costs -€26,055
down €26,055 (-90.5%), from €28,787 to €2,733
- Financial income +€6,002
new in 2025: €6,002
of which Financial income: +€6,002
- Financial charges +€2,168
up €2,168 (+77.7%), from €2,788 to €4,956
- Taxes +€1,447
up €1,447 (+91.8%), from €1,577 to €3,024
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 | €193,299 | €187,179 | -€6,120 | -3.2% |
| Fixed assets | 21/28 | €29,542 | €24,415 | -€5,127 | -17.4% |
| Tangible fixed assets | 22/27 | €29,542 | €24,205 | -€5,337 | -18.1% |
| Land and buildings | 22 | €16,407 | €16,407 | = | 0.0% |
| Plant, machinery and equipment | 23 | €3,899 | €2,461 | -€1,438 | -36.9% |
| Furniture and vehicles | 24 | €9,237 | €5,337 | -€3,900 | -42.2% |
| Financial fixed assets | 28 | - | €210 | +€210 | |
| Current assets | 29/58 | €163,756 | €162,764 | -€993 | -0.6% |
| Stocks and contracts in progress | 3 | €40,259 | €28,567 | -€11,692 | -29.0% |
| Stocks | 30/36 | €40,259 | €28,567 | -€11,692 | -29.0% |
| Amounts receivable within one year | 40/41 | €105,015 | €117,704 | +€12,689 | +12.1% |
| Trade receivables | 40 | €4,444 | €25,895 | +€21,451 | +483% |
| Other amounts receivable | 41 | €100,572 | €91,809 | -€8,763 | -8.7% |
| Cash at bank and in hand | 54/58 | €11,932 | €1,137 | -€10,794 | -90.5% |
| Deferred charges and accrued income | 490/1 | €6,550 | €15,355 | +€8,805 | +134% |
| Total equity and liabilities | 10/49 | €193,299 | €187,179 | -€6,120 | -3.2% |
| Equity | 10/15 | €110,105 | €112,297 | +€2,191 | +2.0% |
| Contributions | 10/11 | €19,831 | €19,831 | = | 0.0% |
| Reserves | 13 | €44,255 | €46,446 | +€2,191 | +5.0% |
| Distributable reserves | 133 | €44,255 | €46,446 | +€2,191 | +5.0% |
| Profit (loss) carried forward | 14 | €46,019 | €46,019 | = | 0.0% |
| Amounts payable | 17/49 | €83,193 | €74,882 | -€8,311 | -10.0% |
| Amounts payable after more than one year | 17 | €800 | - | -€800 | |
| Financial debts | 170/4 | €800 | - | -€800 | |
| Amounts payable within one year | 42/48 | €81,862 | €73,679 | -€8,183 | -10.0% |
| Current portion of amounts payable after more than one year | 42 | €3,174 | €4,866 | +€1,692 | +53.3% |
| Financial debts | 43 | - | €6,824 | +€6,824 | |
| Credit institutions | 430/8 | - | €6,824 | +€6,824 | |
| Trade debts | 44 | €58,864 | €49,599 | -€9,265 | -15.7% |
| Suppliers | 440/4 | €58,864 | €49,599 | -€9,265 | -15.7% |
| Taxes, remuneration and social security | 45 | €15,449 | €2,407 | -€13,042 | -84.4% |
| Taxes | 450/3 | - | €2,407 | +€2,407 | |
| Remuneration and social security | 454/9 | €15,449 | - | -€15,449 | |
| Other amounts payable | 47/48 | €4,375 | €9,984 | +€5,609 | +128% |
| Accrued charges and deferred income | 492/3 | €532 | €1,203 | +€671 | +126% |
| Remuneration, social security and pensions | 62 | €28,787 | €2,733 | -€26,055 | -90.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,161 | €6,161 | = | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €335 | - | -€335 | |
| Other operating charges | 640/8 | €4,428 | €4,670 | +€241 | +5.5% |
| Non-recurring operating charges | 66A | €5,965 | - | -€5,965 | |
| Gross operating margin | 9900 | €52,015 | €17,732 | -€34,283 | -65.9% |
| Operating profit (loss) | 9901 | €6,339 | €4,169 | -€2,170 | -34.2% |
| Financial income | 75/76B | - | €6,002 | +€6,002 | |
| Recurring financial income | 75 | - | €6,002 | +€6,002 | |
| Non-recurring financial income | 76B | - | €6,002 | +€6,002 | |
| Financial charges | 65/66B | €2,788 | €4,956 | +€2,168 | +77.7% |
| Recurring financial charges | 65 | €2,788 | €4,956 | +€2,168 | +77.7% |
| Profit (loss) for the period before taxes | 9903 | €3,551 | €5,215 | +€1,665 | +46.9% |
| Income taxes | 67/77 | €1,577 | €3,024 | +€1,447 | +91.8% |
| Profit (loss) for the period | 9904 | €1,974 | €2,191 | +€217 | +11.0% |
| Profit (loss) for the period to be appropriated | 9905 | €1,974 | €2,191 | +€217 | +11.0% |
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 30 October 2026 via checked.be.