West Advies: 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.
West Advies
Largest movements
- Cash +€13,509
up €13,509 (+17.7%), from €76,217 to €89,726
mainly Net result for the year (+€29,469) and Trade debts (+€1,928)
- Receivables within one year +€12,995
up €12,995 (+70.6%), from €18,393 to €31,388
of which Other amounts receivable: +€12,995
- Reserves +€29,469
up €29,469 (+36.8%), from €79,975 to €109,444
- Tax, wage and social debts -€3,786
down €3,786 (-35.3%), from €10,713 to €6,927
of which Taxes: -€2,586
- Trade debts +€1,928
up €1,928 (+106%), from €1,822 to €3,750
- Gross operating margin -€25,280
down €25,280 (-37.7%), from €67,041 to €41,761
- Taxes -€7,962
down €7,962 (-42.1%), from €18,925 to €10,963
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 | €95,636 | €123,248 | +€27,613 | +28.9% |
| Fixed assets | 21/28 | €1,025 | €1,025 | = | 0.0% |
| Financial fixed assets | 28 | €1,025 | €1,025 | = | 0.0% |
| Current assets | 29/58 | €94,611 | €122,223 | +€27,613 | +29.2% |
| Amounts receivable within one year | 40/41 | €18,393 | €31,388 | +€12,995 | +70.6% |
| Trade receivables | 40 | €12,000 | €12,000 | = | 0.0% |
| Other amounts receivable | 41 | €6,393 | €19,388 | +€12,995 | +203% |
| Cash at bank and in hand | 54/58 | €76,217 | €89,726 | +€13,509 | +17.7% |
| Deferred charges and accrued income | 490/1 | - | €1,109 | +€1,109 | |
| Total equity and liabilities | 10/49 | €95,636 | €123,248 | +€27,613 | +28.9% |
| Equity | 10/15 | €82,975 | €112,444 | +€29,469 | +35.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €79,975 | €109,444 | +€29,469 | +36.8% |
| Distributable reserves | 133 | €79,975 | €109,444 | +€29,469 | +36.8% |
| Amounts payable | 17/49 | €12,661 | €10,805 | -€1,856 | -14.7% |
| Amounts payable within one year | 42/48 | €12,535 | €10,677 | -€1,858 | -14.8% |
| Trade debts | 44 | €1,822 | €3,750 | +€1,928 | +106% |
| Suppliers | 440/4 | €1,822 | €3,750 | +€1,928 | +106% |
| Taxes, remuneration and social security | 45 | €10,713 | €6,927 | -€3,786 | -35.3% |
| Taxes | 450/3 | €8,508 | €5,922 | -€2,586 | -30.4% |
| Remuneration and social security | 454/9 | €2,205 | €1,005 | -€1,200 | -54.4% |
| Accrued charges and deferred income | 492/3 | €126 | €128 | +€2 | +1.6% |
| Other operating charges | 640/8 | €809 | €1,056 | +€247 | +30.5% |
| Gross operating margin | 9900 | €67,041 | €41,761 | -€25,280 | -37.7% |
| Operating profit (loss) | 9901 | €66,232 | €40,705 | -€25,527 | -38.5% |
| Financial income | 75/76B | - | €424 | +€424 | |
| Recurring financial income | 75 | - | €424 | +€424 | |
| Financial charges | 65/66B | €759 | €697 | -€62 | -8.1% |
| Recurring financial charges | 65 | €759 | €697 | -€62 | -8.1% |
| Profit (loss) for the period before taxes | 9903 | €65,473 | €40,432 | -€25,041 | -38.2% |
| Income taxes | 67/77 | €18,925 | €10,963 | -€7,962 | -42.1% |
| Profit (loss) for the period | 9904 | €46,548 | €29,469 | -€17,079 | -36.7% |
| Profit (loss) for the period to be appropriated | 9905 | €46,548 | €29,469 | -€17,079 | -36.7% |
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 29 October 2026 via checked.be.