WEST-BEHEER: 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.
What changed
WEST-BEHEER
NACE 62.200, Computer consultancy and computer facilities management
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€18,450
2024 · €1,523+€16,926
Equity
€1.2m
2024 · €1.2m+€18,450
Cash
€2,740
2024 · €5,502-€2,763
Balance sheet total
€23.5m
2024 · €14.0m+€9.4m
Largest movements
Assets
- Financial fixed assets +€11.1m
up €11.1m (+96.3%), from €11.5m to €22.6m
of which Affiliated companies: +€11.1m
- Receivables within one year -€1.6m
down €1.6m (-74.8%), from €2.1m to €537,281
of which Trade receivables: -€1.6m
Equity and liabilities
- Debts after one year +€7.0m
new in 2025: €7.0m
- Current portion of long-term debt +€2.4m
new in 2025: €2.4m
- Trade debts +€399,510
up €399,510 (+17,366%), from €2,300 to €401,811
Income statement
- Taxes -€34,184
down €34,184 (-86.7%), from €39,423 to €5,239
of which Taxes: -€31,884
- Services and other goods +€19,875
up €19,875 (+8.0%), from €248,566 to €268,441
- Turnover -€14,081
down €14,081 (-1.3%), from €1.1m to €1.1m
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.
Result 2024
€1,523
Turnover
-€14,081
Other operating income
+€94
Services and other goods
-€19,875
Staff costs
-€176
Depreciation
+€4,932
Other operating charges
+€4,951
Financial income
-€762
Financial charges
+€7,660
Taxes
+€34,184
Result 2025
€18,450
raises the resultlowers the result
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.
From operations
+€1.8m
Investment
-€11.1m
Financing
+€9.3m
Cash 2024
€5,502
From operations (derived)
+€1.8m
Net result for the year
+€18,450
Depreciation
+€89,022
Receivables within one year
+€1.6m
Trade debts
+€399,510
Tax, wage and social debts
-€92,278
Other debts
-€110,000
Accrued charges and deferred income
-€127,431
Investment (derived)
-€11.1m
Investment in fixed assets (net)
-€11.1m
Financing
+€9.3m
Debts after one year
+€7.0m
Current portion of long-term debt
+€2.4m
Cash 2025
€2,740
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €14,015,123 | €23,450,397 | +€9.4m | +67.3% |
| Fixed assets | 21/28 | €11,878,829 | €22,910,376 | +€11.0m | +92.9% |
| Intangible fixed assets | 21 | €356,014 | €267,011 | -€89,004 | -25.0% |
| Tangible fixed assets | 22/27 | - | €20,551 | +€20,551 | |
| Furniture and vehicles | 24 | - | €20,551 | +€20,551 | |
| Financial fixed assets | 28 | €11,522,814 | €22,622,814 | +€11.1m | +96.3% |
| Affiliated companies | 280/1 | €11,522,303 | €22,622,303 | +€11.1m | +96.3% |
| Participating interests | 280 | €11,522,303 | €22,622,303 | +€11.1m | +96.3% |
| Other financial fixed assets | 284/8 | €511 | €511 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €511 | €511 | = | 0.0% |
| Current assets | 29/58 | €2,136,294 | €540,021 | -€1.6m | -74.7% |
| Amounts receivable within one year | 40/41 | €2,130,792 | €537,281 | -€1.6m | -74.8% |
| Trade receivables | 40 | €1,593,511 | - | -€1.6m | |
| Other amounts receivable | 41 | €537,281 | €537,281 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €5,502 | €2,740 | -€2,763 | -50.2% |
| Total equity and liabilities | 10/49 | €14,015,123 | €23,450,397 | +€9.4m | +67.3% |
| Equity | 10/15 | €1,155,734 | €1,174,183 | +€18,450 | +1.6% |
| Contributions | 10/11 | €500,000 | €500,000 | = | 0.0% |
| Capital | 10 | €500,000 | €500,000 | = | 0.0% |
| Issued capital | 100 | €500,000 | €500,000 | = | 0.0% |
| Reserves | 13 | €50,000 | €50,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €50,000 | €50,000 | = | 0.0% |
| Legal reserve | 130 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €605,734 | €624,183 | +€18,450 | +3.0% |
| Amounts payable | 17/49 | €12,859,389 | €22,276,214 | +€9.4m | +73.2% |
| Amounts payable after more than one year | 17 | - | €6,989,881 | +€7.0m | |
| Financial debts | 170/4 | - | €6,989,881 | +€7.0m | |
| Subordinated loans | 170 | - | €3,600,000 | +€3.6m | |
| Other loans | 174 | - | €3,389,881 | +€3.4m | |
| Amounts payable within one year | 42/48 | €12,281,605 | €14,835,981 | +€2.6m | +20.8% |
| Current portion of amounts payable after more than one year | 42 | - | €2,357,143 | +€2.4m | |
| Trade debts | 44 | €2,300 | €401,811 | +€399,510 | +17,366% |
| Suppliers | 440/4 | €2,300 | €401,811 | +€399,510 | +17,366% |
| Taxes, remuneration and social security | 45 | €239,947 | €147,668 | -€92,278 | -38.5% |
| Taxes | 450/3 | €213,569 | €120,388 | -€93,181 | -43.6% |
| Remuneration and social security | 454/9 | €26,378 | €27,281 | +€903 | +3.4% |
| Other amounts payable | 47/48 | €12,039,358 | €11,929,358 | -€110,000 | -0.9% |
| Accrued charges and deferred income | 492/3 | €577,784 | €450,352 | -€127,431 | -22.1% |
| Operating income | 70/76A | €1,082,783 | €1,068,796 | -€13,987 | -1.3% |
| Turnover | 70 | €1,081,672 | €1,067,591 | -€14,081 | -1.3% |
| Other operating income | 74 | €1,111 | €1,205 | +€94 | +8.4% |
| Operating charges | 60/66A | €463,288 | €473,457 | +€10,168 | +2.2% |
| Services and other goods | 61 | €248,566 | €268,441 | +€19,875 | +8.0% |
| Remuneration, social security and pensions | 62 | €114,430 | €114,606 | +€176 | +0.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €93,954 | €89,022 | -€4,932 | -5.2% |
| Other operating charges | 640/8 | €6,339 | €1,388 | -€4,951 | -78.1% |
| Operating profit (loss) | 9901 | €619,495 | €595,339 | -€24,156 | -3.9% |
| Financial income | 75/76B | €762 | - | -€762 | |
| Recurring financial income | 75 | €762 | - | -€762 | |
| Other financial income | 752/9 | €762 | - | -€762 | |
| Financial charges | 65/66B | €579,310 | €571,651 | -€7,660 | -1.3% |
| Recurring financial charges | 65 | €579,310 | €571,651 | -€7,660 | -1.3% |
| Debt charges | 650 | €577,784 | €562,862 | -€14,922 | -2.6% |
| Other financial charges | 652/9 | €1,527 | €8,789 | +€7,262 | +476% |
| Profit (loss) for the period before taxes | 9903 | €40,946 | €23,689 | -€17,257 | -42.1% |
| Income taxes | 67/77 | €39,423 | €5,239 | -€34,184 | -86.7% |
| Taxes | 670/3 | €39,423 | €7,539 | -€31,884 | -80.9% |
| Tax adjustments and reversals of tax provisions | 77 | - | €2,300 | +€2,300 | |
| Profit (loss) for the period | 9904 | €1,523 | €18,450 | +€16,926 | +1,111% |
| Profit (loss) for the period to be appropriated | 9905 | €1,523 | €18,450 | +€16,926 | +1,111% |
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 18 October 2026 via checked.be.