WESTARCH: 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.
WESTARCH
Largest movements
- Cash +€8,483
up €8,483 (+39.5%), from €21,478 to €29,960
mainly Net result for the year (+€8,694) and Trade debts (+€4,734)
- Deferred charges and accrued income +€1,910
up €1,910 (+1340.0%), from €143 to €2,052
- Receivables within one year +€904
up €904 (+8.8%), from €10,253 to €11,157
of which Trade receivables: +€696
- Reserves +€7,861
up €7,861 (+39.9%), from €19,723 to €27,584
- Trade debts +€4,734
up €4,734 (+306.7%), from €1,544 to €6,278
- Tax, wage and social debts -€1,798
down €1,798 (-22.5%), from €7,993 to €6,195
- Accrued charges and deferred income +€686
new in 2025: €686
- Gross operating margin +€3,058
up €3,058 (+26.5%), from €11,531 to €14,590
- Financial charges +€1,143
up €1,143 (+245.8%), from €465 to €1,608
- Depreciation +€440
up €440 (+96.8%), from €454 to €894
- Staff costs -€250
down €250 (-100.0%), from €250 to €0
- Financial income +€206
up €206 (+128493.8%), from €0 to €206
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 | €34,119 | €45,576 | +€11,457 | +33.6% |
| Fixed assets | 21/28 | €2,246 | €2,407 | +€162 | +7.2% |
| Tangible fixed assets | 22/27 | €2,246 | €2,407 | +€162 | +7.2% |
| Furniture and vehicles | 24 | €388 | €1,000 | +€612 | +157.5% |
| Other tangible fixed assets | 26 | €1,857 | €1,407 | -€450 | -24.2% |
| Current assets | 29/58 | €31,873 | €43,169 | +€11,296 | +35.4% |
| Amounts receivable within one year | 40/41 | €10,253 | €11,157 | +€904 | +8.8% |
| Trade receivables | 40 | €9,592 | €10,288 | +€696 | +7.3% |
| Other amounts receivable | 41 | €661 | €869 | +€207 | +31.4% |
| Cash at bank and in hand | 54/58 | €21,478 | €29,960 | +€8,483 | +39.5% |
| Deferred charges and accrued income | 490/1 | €143 | €2,052 | +€1,910 | +1340.0% |
| Total equity and liabilities | 10/49 | €34,119 | €45,576 | +€11,457 | +33.6% |
| Equity | 10/15 | €23,723 | €31,584 | +€7,861 | +33.1% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €19,723 | €27,584 | +€7,861 | +39.9% |
| Distributable reserves | 133 | €19,723 | €27,584 | +€7,861 | +39.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €10,396 | €13,992 | +€3,597 | +34.6% |
| Amounts payable within one year | 42/48 | €10,396 | €13,306 | +€2,910 | +28.0% |
| Trade debts | 44 | €1,544 | €6,278 | +€4,734 | +306.7% |
| Suppliers | 440/4 | €1,544 | €6,278 | +€4,734 | +306.7% |
| Taxes, remuneration and social security | 45 | €7,993 | €6,195 | -€1,798 | -22.5% |
| Taxes | 450/3 | €7,993 | €6,195 | -€1,798 | -22.5% |
| Other amounts payable | 47/48 | €859 | €833 | -€26 | -3.0% |
| Accrued charges and deferred income | 492/3 | - | €686 | +€686 | |
| Remuneration, social security and pensions | 62 | €250 | €0 | -€250 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €454 | €894 | +€440 | +96.8% |
| Other operating charges | 640/8 | €0 | €194 | +€194 | |
| Gross operating margin | 9900 | €11,531 | €14,590 | +€3,058 | +26.5% |
| Operating profit (loss) | 9901 | €10,827 | €13,501 | +€2,674 | +24.7% |
| Financial income | 75/76B | €0 | €206 | +€206 | +128493.8% |
| Recurring financial income | 75 | €0 | €206 | +€206 | +128493.8% |
| Financial charges | 65/66B | €465 | €1,608 | +€1,143 | +245.8% |
| Recurring financial charges | 65 | €465 | €1,608 | +€1,143 | +245.8% |
| Profit (loss) for the period before taxes | 9903 | €10,362 | €12,099 | +€1,737 | +16.8% |
| Income taxes | 67/77 | €3,245 | €3,405 | +€160 | +4.9% |
| Profit (loss) for the period | 9904 | €7,117 | €8,694 | +€1,576 | +22.1% |
| Profit (loss) for the period to be appropriated | 9905 | €7,117 | €8,694 | +€1,576 | +22.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.