West Import: 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 Import
Largest movements
- Stocks and contracts +€87,364
up €87,364 (+10.4%), from €843,713 to €931,077
- Cash -€86,520
down €86,520 (-69.4%), from €124,734 to €38,213
mainly Debts after one year (-€141,270) and Stocks and contracts (-€87,364)
- Tangible fixed assets -€75,599
down €75,599 (-8.0%), from €940,202 to €864,603
of which Land and buildings: -€49,919
- Debts after one year -€141,270
down €141,270 (-19.2%), from €737,248 to €595,978
- Current portion of long-term debt +€30,435
up €30,435 (+35.8%), from €85,077 to €115,513
- Gross operating margin -€46,702
down €46,702 (-8.6%), from €545,759 to €499,057
- Staff costs +€32,901
up €32,901 (+10.9%), from €303,120 to €336,021
- Financial income -€18,941
down €18,941 (-98.3%), from €19,269 to €328
- Financial charges -€17,690
down €17,690 (-39.1%), from €45,195 to €27,505
- Other operating charges -€16,621
down €16,621 (-33.8%), from €49,125 to €32,505
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 | €2,006,445 | €1,915,226 | -€91,219 | -4.5% |
| Fixed assets | 21/28 | €940,202 | €864,603 | -€75,599 | -8.0% |
| Tangible fixed assets | 22/27 | €940,202 | €864,603 | -€75,599 | -8.0% |
| Land and buildings | 22 | €870,232 | €820,313 | -€49,919 | -5.7% |
| Plant, machinery and equipment | 23 | €11,255 | €10,971 | -€284 | -2.5% |
| Furniture and vehicles | 24 | €51,582 | €33,319 | -€18,264 | -35.4% |
| Leasing and similar rights | 25 | €7,133 | €0 | -€7,133 | -100% |
| Current assets | 29/58 | €1,066,243 | €1,050,623 | -€15,620 | -1.5% |
| Stocks and contracts in progress | 3 | €843,713 | €931,077 | +€87,364 | +10.4% |
| Stocks | 30/36 | €843,713 | €931,077 | +€87,364 | +10.4% |
| Amounts receivable within one year | 40/41 | €91,873 | €75,557 | -€16,316 | -17.8% |
| Trade receivables | 40 | €16,838 | €9,512 | -€7,326 | -43.5% |
| Other amounts receivable | 41 | €75,035 | €66,046 | -€8,990 | -12.0% |
| Cash at bank and in hand | 54/58 | €124,734 | €38,213 | -€86,520 | -69.4% |
| Deferred charges and accrued income | 490/1 | €5,922 | €5,775 | -€147 | -2.5% |
| Total equity and liabilities | 10/49 | €2,006,445 | €1,915,226 | -€91,219 | -4.5% |
| Equity | 10/15 | €665,755 | €676,239 | +€10,483 | +1.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €653,260 | €663,260 | +€10,000 | +1.5% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €37,500 | €37,500 | = | 0.0% |
| Distributable reserves | 133 | €613,900 | €623,900 | +€10,000 | +1.6% |
| Profit (loss) carried forward | 14 | €95 | €579 | +€483 | +507% |
| Amounts payable | 17/49 | €1,340,689 | €1,238,987 | -€101,702 | -7.6% |
| Amounts payable after more than one year | 17 | €737,248 | €595,978 | -€141,270 | -19.2% |
| Financial debts | 170/4 | €737,248 | €595,978 | -€141,270 | -19.2% |
| Amounts payable within one year | 42/48 | €603,442 | €643,009 | +€39,568 | +6.6% |
| Current portion of amounts payable after more than one year | 42 | €85,077 | €115,513 | +€30,435 | +35.8% |
| Financial debts | 43 | €417,915 | €415,367 | -€2,548 | -0.6% |
| Credit institutions | 430/8 | €417,915 | €415,367 | -€2,548 | -0.6% |
| Trade debts | 44 | €53,143 | €58,221 | +€5,078 | +9.6% |
| Suppliers | 440/4 | €53,143 | €58,221 | +€5,078 | +9.6% |
| Taxes, remuneration and social security | 45 | €34,737 | €51,922 | +€17,185 | +49.5% |
| Taxes | 450/3 | €11,996 | €19,704 | +€7,709 | +64.3% |
| Remuneration and social security | 454/9 | €22,741 | €32,217 | +€9,476 | +41.7% |
| Other amounts payable | 47/48 | €12,569 | €1,986 | -€10,583 | -84.2% |
| Remuneration, social security and pensions | 62 | €303,120 | €336,021 | +€32,901 | +10.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €84,075 | €79,139 | -€4,936 | -5.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,685 | €0 | -€1,685 | -100% |
| Other operating charges | 640/8 | €49,125 | €32,505 | -€16,621 | -33.8% |
| Gross operating margin | 9900 | €545,759 | €499,057 | -€46,702 | -8.6% |
| Operating profit (loss) | 9901 | €107,754 | €51,392 | -€56,361 | -52.3% |
| Financial income | 75/76B | €19,269 | €328 | -€18,941 | -98.3% |
| Recurring financial income | 75 | €19,269 | €328 | -€18,941 | -98.3% |
| Financial charges | 65/66B | €45,195 | €27,505 | -€17,690 | -39.1% |
| Recurring financial charges | 65 | €45,195 | €27,505 | -€17,690 | -39.1% |
| Profit (loss) for the period before taxes | 9903 | €81,827 | €24,215 | -€57,613 | -70.4% |
| Income taxes | 67/77 | €21,947 | €13,731 | -€8,215 | -37.4% |
| Profit (loss) for the period | 9904 | €59,881 | €10,483 | -€49,397 | -82.5% |
| Profit (loss) for the period to be appropriated | 9905 | €59,881 | €10,483 | -€49,397 | -82.5% |
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.