WESTAN: 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.
WESTAN
Largest movements
- Receivables within one year +€8,528
up €8,528 (+75.2%), from €11,345 to €19,874
of which Other amounts receivable: +€8,528
- Cash +€3,032
up €3,032 (+45.6%), from €6,650 to €9,682
mainly Net result for the year (+€9,876) and Tax, wage and social debts (+€1,488)
- Stocks and contracts -€913
down €913 (-14.7%), from €6,209 to €5,296
- Reserves +€9,876
up €9,876 (+241%), from €4,101 to €13,977
- Tax, wage and social debts +€1,488
up €1,488 (+721%), from €206 to €1,694
- Trade debts -€704
down €704 (-43.3%), from €1,625 to €922
- Gross operating margin +€12,345
up €12,345 (+7,910%), from €156 to €12,501
- Taxes +€1,694
new in 2025: €1,694
- Other operating charges +€1,031
up €1,031 (+227%), from €453 to €1,484
- Financial charges +€219
up €219 (+514%), from €43 to €261
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 | €24,533 | €35,193 | +€10,660 | +43.5% |
| Current assets | 29/58 | €24,533 | €35,193 | +€10,660 | +43.5% |
| Stocks and contracts in progress | 3 | €6,209 | €5,296 | -€913 | -14.7% |
| Stocks | 30/36 | €6,209 | €5,296 | -€913 | -14.7% |
| Amounts receivable within one year | 40/41 | €11,345 | €19,874 | +€8,528 | +75.2% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €11,345 | €19,874 | +€8,528 | +75.2% |
| Cash at bank and in hand | 54/58 | €6,650 | €9,682 | +€3,032 | +45.6% |
| Deferred charges and accrued income | 490/1 | €329 | €341 | +€12 | +3.7% |
| Total equity and liabilities | 10/49 | €24,533 | €35,193 | +€10,660 | +43.5% |
| Equity | 10/15 | €22,701 | €32,577 | +€9,876 | +43.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €4,101 | €13,977 | +€9,876 | +241% |
| Distributable reserves | 133 | €4,101 | €13,977 | +€9,876 | +241% |
| Amounts payable | 17/49 | €1,832 | €2,616 | +€784 | +42.8% |
| Amounts payable within one year | 42/48 | €1,832 | €2,616 | +€784 | +42.8% |
| Trade debts | 44 | €1,625 | €922 | -€704 | -43.3% |
| Suppliers | 440/4 | €1,625 | €922 | -€704 | -43.3% |
| Taxes, remuneration and social security | 45 | €206 | €1,694 | +€1,488 | +721% |
| Taxes | 450/3 | €206 | €1,694 | +€1,488 | +721% |
| Other operating charges | 640/8 | €453 | €1,484 | +€1,031 | +227% |
| Gross operating margin | 9900 | €156 | €12,501 | +€12,345 | +7,910% |
| Operating profit (loss) | 9901 | -€297 | €11,017 | +€11,314 | |
| Financial income | 75/76B | €720 | €814 | +€94 | +13.1% |
| Recurring financial income | 75 | €720 | €814 | +€94 | +13.1% |
| Financial charges | 65/66B | €43 | €261 | +€219 | +514% |
| Recurring financial charges | 65 | €43 | €261 | +€219 | +514% |
| Profit (loss) for the period before taxes | 9903 | €380 | €11,570 | +€11,190 | +2,943% |
| Income taxes | 67/77 | - | €1,694 | +€1,694 | |
| Profit (loss) for the period | 9904 | €380 | €9,876 | +€9,495 | +2,497% |
| Profit (loss) for the period to be appropriated | 9905 | €380 | €9,876 | +€9,495 | +2,497% |
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.