WERTIGO: 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.
WERTIGO
Largest movements
- Stocks and contracts +€8,132
up €8,132 (+87.1%), from €9,336 to €17,468
- Profit (loss) carried forward +€9,024
up €9,024 (+5.8%), from -€156,466 to -€147,442
- Trade debts -€925
down €925 (-16.1%), from €5,743 to €4,818
- Other debts +€276
up €276 (+0.2%), from €115,647 to €115,923
- Tax, wage and social debts -€242
down €242 (-7.6%), from €3,175 to €2,932
of which Taxes: -€442
- Gross operating margin +€5,017
up €5,017 (+84.2%), from €5,960 to €10,977
- Other operating charges -€1,720
down €1,720 (-88.3%), from €1,949 to €229
- Depreciation +€576
up €576 (+72.0%), from €800 to €1,377
- Taxes +€202
new in 2025: €202
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 | €12,857 | €20,990 | +€8,133 | +63.3% |
| Fixed assets | 21/28 | €2,788 | €2,939 | +€150 | +5.4% |
| Tangible fixed assets | 22/27 | €2,788 | €2,939 | +€150 | +5.4% |
| Plant, machinery and equipment | 23 | €2,788 | €2,939 | +€150 | +5.4% |
| Current assets | 29/58 | €10,068 | €18,051 | +€7,983 | +79.3% |
| Stocks and contracts in progress | 3 | €9,336 | €17,468 | +€8,132 | +87.1% |
| Stocks | 30/36 | €9,336 | €17,468 | +€8,132 | +87.1% |
| Cash at bank and in hand | 54/58 | €732 | €583 | -€149 | -20.4% |
| Total equity and liabilities | 10/49 | €12,857 | €20,990 | +€8,133 | +63.3% |
| Equity | 10/15 | -€111,708 | -€102,684 | +€9,024 | +8.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €32,358 | €32,358 | = | 0.0% |
| Distributable reserves | 133 | €32,358 | €32,358 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€156,466 | -€147,442 | +€9,024 | +5.8% |
| Amounts payable | 17/49 | €124,565 | €123,674 | -€891 | -0.7% |
| Amounts payable within one year | 42/48 | €124,565 | €123,674 | -€891 | -0.7% |
| Trade debts | 44 | €5,743 | €4,818 | -€925 | -16.1% |
| Suppliers | 440/4 | €5,743 | €4,818 | -€925 | -16.1% |
| Taxes, remuneration and social security | 45 | €3,175 | €2,932 | -€242 | -7.6% |
| Taxes | 450/3 | €3,175 | €2,732 | -€442 | -13.9% |
| Remuneration and social security | 454/9 | - | €200 | +€200 | |
| Other amounts payable | 47/48 | €115,647 | €115,923 | +€276 | +0.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €800 | €1,377 | +€576 | +72.0% |
| Other operating charges | 640/8 | €1,949 | €229 | -€1,720 | -88.3% |
| Gross operating margin | 9900 | €5,960 | €10,977 | +€5,017 | +84.2% |
| Operating profit (loss) | 9901 | €3,211 | €9,371 | +€6,160 | +192% |
| Financial income | 75/76B | €0 | €9 | +€8 | +4,185% |
| Recurring financial income | 75 | €0 | €9 | +€8 | +4,185% |
| Financial charges | 65/66B | €114 | €154 | +€40 | +34.8% |
| Recurring financial charges | 65 | €114 | €154 | +€40 | +34.8% |
| Profit (loss) for the period before taxes | 9903 | €3,097 | €9,226 | +€6,129 | +198% |
| Income taxes | 67/77 | - | €202 | +€202 | |
| Profit (loss) for the period | 9904 | €3,097 | €9,024 | +€5,927 | +191% |
| Profit (loss) for the period to be appropriated | 9905 | €3,097 | €9,024 | +€5,927 | +191% |
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 18 October 2026 via checked.be.