WERTON: what changed
Two fiscal 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.
WERTON
Largest movements
- Cash +€2
new in 2025: €2
mainly Other debts (+€1,191) and Trade debts (+€6)
- Other debts +€1,191
up €1,191 (+4.0%), from €29,470 to €30,661
- Profit (loss) carried forward -€1,171
down €1,171 (-2.4%), from -€48,250 to -€49,421
- Short-term financial debts -€24
down €24 (-100.0%), from €24 to €0
- Trade debts +€6
up €6 (+3.7%), from €163 to €169
- Financial charges +€80
up €80 (+23.1%), from €348 to €428
- Gross operating margin -€26
down €26 (-3.6%), from -€717 to -€743
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 | - | €2 | +€2 | |
| Current assets | 29/58 | - | €2 | +€2 | |
| Cash at bank and in hand | 54/58 | - | €2 | +€2 | |
| Total equity and liabilities | 10/49 | €0 | €2 | +€2 | |
| Equity | 10/15 | -€29,658 | -€30,829 | -€1,171 | -3.9% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€48,250 | -€49,421 | -€1,171 | -2.4% |
| Amounts payable | 17/49 | €29,658 | €30,831 | +€1,173 | +4.0% |
| Amounts payable within one year | 42/48 | €29,658 | €30,831 | +€1,173 | +4.0% |
| Financial debts | 43 | €24 | €0 | -€24 | -100.0% |
| Credit institutions | 430/8 | €24 | €0 | -€24 | -100.0% |
| Trade debts | 44 | €163 | €169 | +€6 | +3.7% |
| Suppliers | 440/4 | €163 | €169 | +€6 | +3.7% |
| Other amounts payable | 47/48 | €29,470 | €30,661 | +€1,191 | +4.0% |
| Gross operating margin | 9900 | -€717 | -€743 | -€26 | -3.6% |
| Operating profit (loss) | 9901 | -€717 | -€743 | -€26 | -3.6% |
| Financial charges | 65/66B | €348 | €428 | +€80 | +23.1% |
| Recurring financial charges | 65 | €348 | €428 | +€80 | +23.1% |
| Profit (loss) for the period before taxes | 9903 | -€1,065 | -€1,171 | -€106 | -10.0% |
| Profit (loss) for the period | 9904 | -€1,065 | -€1,171 | -€106 | -10.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,065 | -€1,171 | -€106 | -10.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.