WES-WASH: 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.
WES-WASH
Largest movements
- Tangible fixed assets -€5,198
down €5,198 (-17.3%), from €30,128 to €24,930
of which Plant, machinery and equipment: -€3,391
- Receivables within one year -€3,650
down €3,650 (-15.4%), from €23,683 to €20,033
of which Trade receivables: -€2,914
- Cash -€2,828
down €2,828 (-29.0%), from €9,737 to €6,909
mainly Debts after one year (-€5,489) and Net result for the year (-€4,675)
- Debts after one year -€5,489
down €5,489 (-49.5%), from €11,098 to €5,609
- Reserves -€4,675
down €4,675 (-34.0%), from €13,752 to €9,078
- Trade debts +€4,544
up €4,544 (+171%), from €2,651 to €7,195
- Other debts -€3,309
down €3,309 (-100%), from €3,309 to €0
- Tax, wage and social debts -€1,483
down €1,483 (-16.3%), from €9,090 to €7,607
of which Remuneration and social security: -€1,400
- Gross operating margin -€15,578
down €15,578 (-58.6%), from €26,570 to €10,992
- Other operating charges -€3,817
down €3,817 (-28.5%), from €13,402 to €9,585
- Taxes -€2,023
down €2,023 (-100%), from €2,023 to €0
- Depreciation -€401
down €401 (-7.2%), from €5,599 to €5,198
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 | €65,037 | €53,577 | -€11,460 | -17.6% |
| Fixed assets | 21/28 | €30,128 | €24,930 | -€5,198 | -17.3% |
| Tangible fixed assets | 22/27 | €30,128 | €24,930 | -€5,198 | -17.3% |
| Land and buildings | 22 | €1,137 | €112 | -€1,024 | -90.1% |
| Plant, machinery and equipment | 23 | €24,550 | €21,158 | -€3,391 | -13.8% |
| Furniture and vehicles | 24 | €313 | €0 | -€313 | -100% |
| Other tangible fixed assets | 26 | €4,130 | €3,660 | -€470 | -11.4% |
| Current assets | 29/58 | €34,909 | €28,647 | -€6,262 | -17.9% |
| Amounts receivable within one year | 40/41 | €23,683 | €20,033 | -€3,650 | -15.4% |
| Trade receivables | 40 | €21,728 | €18,814 | -€2,914 | -13.4% |
| Other amounts receivable | 41 | €1,955 | €1,219 | -€737 | -37.7% |
| Cash at bank and in hand | 54/58 | €9,737 | €6,909 | -€2,828 | -29.0% |
| Deferred charges and accrued income | 490/1 | €1,488 | €1,704 | +€216 | +14.5% |
| Total equity and liabilities | 10/49 | €65,037 | €53,577 | -€11,460 | -17.6% |
| Equity | 10/15 | €32,352 | €27,678 | -€4,675 | -14.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €13,752 | €9,078 | -€4,675 | -34.0% |
| Distributable reserves | 133 | €13,752 | €9,078 | -€4,675 | -34.0% |
| Amounts payable | 17/49 | €32,685 | €25,899 | -€6,786 | -20.8% |
| Amounts payable after more than one year | 17 | €11,098 | €5,609 | -€5,489 | -49.5% |
| Financial debts | 170/4 | €11,098 | €5,609 | -€5,489 | -49.5% |
| Amounts payable within one year | 42/48 | €21,587 | €20,290 | -€1,297 | -6.0% |
| Current portion of amounts payable after more than one year | 42 | €6,537 | €5,489 | -€1,048 | -16.0% |
| Trade debts | 44 | €2,651 | €7,195 | +€4,544 | +171% |
| Suppliers | 440/4 | €2,651 | €7,195 | +€4,544 | +171% |
| Taxes, remuneration and social security | 45 | €9,090 | €7,607 | -€1,483 | -16.3% |
| Taxes | 450/3 | €7,690 | €7,607 | -€83 | -1.1% |
| Remuneration and social security | 454/9 | €1,400 | €0 | -€1,400 | -100% |
| Other amounts payable | 47/48 | €3,309 | €0 | -€3,309 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,599 | €5,198 | -€401 | -7.2% |
| Other operating charges | 640/8 | €13,402 | €9,585 | -€3,817 | -28.5% |
| Gross operating margin | 9900 | €26,570 | €10,992 | -€15,578 | -58.6% |
| Operating profit (loss) | 9901 | €7,569 | -€3,791 | -€11,360 | |
| Financial income | 75/76B | €19 | €8 | -€10 | -55.9% |
| Recurring financial income | 75 | €19 | €8 | -€10 | -55.9% |
| Financial charges | 65/66B | €1,135 | €892 | -€243 | -21.4% |
| Recurring financial charges | 65 | €1,135 | €892 | -€243 | -21.4% |
| Profit (loss) for the period before taxes | 9903 | €6,452 | -€4,675 | -€11,127 | |
| Income taxes | 67/77 | €2,023 | €0 | -€2,023 | -100% |
| Profit (loss) for the period | 9904 | €4,429 | -€4,675 | -€9,104 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,429 | -€4,675 | -€9,104 |
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 21 October 2026 via checked.be.