WEST TECHNOLOGIES: 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.
WEST TECHNOLOGIES
Largest movements
- Cash +€97,273
up €97,273 (+27.0%), from €359,695 to €456,969
mainly Net result for the year (+€115,550) and Other debts (+€28,981)
- Receivables within one year +€13,258
up €13,258 (+16.0%), from €82,785 to €96,043
- Reserves +€63,318
up €63,318 (+19.0%), from €332,544 to €395,862
of which Distributable reserves: +€63,318
- Other debts +€28,981
up €28,981 (+140.4%), from €20,640 to €49,621
- Tax, wage and social debts +€14,006
up €14,006 (+24.4%), from €57,462 to €71,468
of which Taxes: +€12,839
- Gross operating margin +€42,704
up €42,704 (+12.4%), from €343,060 to €385,764
- Taxes +€15,896
up €15,896 (+38.7%), from €41,064 to €56,960
- Staff costs -€7,079
down €7,079 (-3.2%), from €218,476 to €211,397
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 | €450,534 | €554,526 | +€103,992 | +23.1% |
| Fixed assets | 21/28 | €4,035 | €686 | -€3,349 | -83.0% |
| Tangible fixed assets | 22/27 | €4,035 | €686 | -€3,349 | -83.0% |
| Plant, machinery and equipment | 23 | €1,474 | €686 | -€789 | -53.5% |
| Furniture and vehicles | 24 | €2,560 | €0 | -€2,560 | -100.0% |
| Current assets | 29/58 | €446,499 | €553,840 | +€107,341 | +24.0% |
| Amounts receivable within one year | 40/41 | €82,785 | €96,043 | +€13,258 | +16.0% |
| Trade receivables | 40 | €82,785 | €96,043 | +€13,258 | +16.0% |
| Cash at bank and in hand | 54/58 | €359,695 | €456,969 | +€97,273 | +27.0% |
| Deferred charges and accrued income | 490/1 | €4,018 | €828 | -€3,191 | -79.4% |
| Total equity and liabilities | 10/49 | €450,534 | €554,526 | +€103,992 | +23.1% |
| Equity | 10/15 | €353,932 | €417,250 | +€63,318 | +17.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €332,544 | €395,862 | +€63,318 | +19.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €332,544 | €395,862 | +€63,318 | +19.0% |
| Profit (loss) carried forward | 14 | €2,788 | €2,788 | = | 0.0% |
| Amounts payable | 17/49 | €96,602 | €137,276 | +€40,674 | +42.1% |
| Amounts payable within one year | 42/48 | €96,602 | €137,276 | +€40,674 | +42.1% |
| Trade debts | 44 | €18,500 | €16,187 | -€2,313 | -12.5% |
| Suppliers | 440/4 | €18,500 | €16,187 | -€2,313 | -12.5% |
| Taxes, remuneration and social security | 45 | €57,462 | €71,468 | +€14,006 | +24.4% |
| Taxes | 450/3 | €20,719 | €33,557 | +€12,839 | +62.0% |
| Remuneration and social security | 454/9 | €36,743 | €37,911 | +€1,168 | +3.2% |
| Other amounts payable | 47/48 | €20,640 | €49,621 | +€28,981 | +140.4% |
| Non-recurring operating income | 76A | €7,964 | €1,965 | -€5,999 | -75.3% |
| Remuneration, social security and pensions | 62 | €218,476 | €211,397 | -€7,079 | -3.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,498 | €789 | -€710 | -47.4% |
| Other operating charges | 640/8 | €602 | €507 | -€95 | -15.8% |
| Gross operating margin | 9900 | €343,060 | €385,764 | +€42,704 | +12.4% |
| Operating profit (loss) | 9901 | €122,484 | €173,071 | +€50,588 | +41.3% |
| Financial income | 75/76B | €0 | €161 | +€161 | |
| Recurring financial income | 75 | €0 | €161 | +€161 | |
| Financial charges | 65/66B | €814 | €722 | -€92 | -11.2% |
| Recurring financial charges | 65 | €814 | €722 | -€92 | -11.2% |
| Profit (loss) for the period before taxes | 9903 | €121,670 | €172,511 | +€50,840 | +41.8% |
| Income taxes | 67/77 | €41,064 | €56,960 | +€15,896 | +38.7% |
| Profit (loss) for the period | 9904 | €80,606 | €115,550 | +€34,944 | +43.4% |
| Profit (loss) for the period to be appropriated | 9905 | €80,606 | €115,550 | +€34,944 | +43.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.