WESTAUTO'S: 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.
WESTAUTO'S
Largest movements
- Receivables within one year -€128,574
down €128,574 (-56.1%), from €229,139 to €100,565
of which Trade receivables: -€86,578
- Tangible fixed assets -€124,003
down €124,003 (-41.9%), from €295,787 to €171,784
of which Furniture and vehicles: -€118,067
- Cash +€117,534
up €117,534 (+34.1%), from €344,994 to €462,528
mainly Net result for the year (+€130,119) and Receivables within one year (+€128,574)
- Deferred charges and accrued income +€20,568
up €20,568 (+313.2%), from €6,566 to €27,135
- Trade debts -€108,021
down €108,021 (-27.1%), from €398,095 to €290,075
- Debts after one year -€89,344
down €89,344 (-61.5%), from €145,287 to €55,943
- Short-term financial debts +€69,480
up €69,480 (+26.6%), from €261,679 to €331,159
- Current portion of long-term debt -€31,581
down €31,581 (-40.2%), from €78,482 to €46,901
- Tax, wage and social debts +€27,239
up €27,239 (+218.6%), from €12,463 to €39,701
of which Taxes: +€25,367
- Staff costs +€47,096
up €47,096 (+38.9%), from €121,182 to €168,278
- Taxes -€8,282
down €8,282 (-15.0%), from €55,212 to €46,930
- Gross operating margin -€7,385
down €7,385 (-1.6%), from €469,810 to €462,425
- Depreciation -€6,765
down €6,765 (-9.2%), from €73,676 to €66,912
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 | €1,265,652 | €1,155,600 | -€110,052 | -8.7% |
| Fixed assets | 21/28 | €296,865 | €172,437 | -€124,428 | -41.9% |
| Intangible fixed assets | 21 | €1,078 | €653 | -€425 | -39.4% |
| Tangible fixed assets | 22/27 | €295,787 | €171,784 | -€124,003 | -41.9% |
| Plant, machinery and equipment | 23 | €5,525 | €1,851 | -€3,674 | -66.5% |
| Furniture and vehicles | 24 | €214,917 | €96,851 | -€118,067 | -54.9% |
| Other tangible fixed assets | 26 | €75,345 | €73,082 | -€2,263 | -3.0% |
| Current assets | 29/58 | €968,787 | €983,163 | +€14,376 | +1.5% |
| Stocks and contracts in progress | 3 | €388,088 | €392,936 | +€4,848 | +1.2% |
| Stocks | 30/36 | €388,088 | €392,936 | +€4,848 | +1.2% |
| Amounts receivable within one year | 40/41 | €229,139 | €100,565 | -€128,574 | -56.1% |
| Trade receivables | 40 | €149,073 | €62,495 | -€86,578 | -58.1% |
| Other amounts receivable | 41 | €80,067 | €38,070 | -€41,997 | -52.5% |
| Cash at bank and in hand | 54/58 | €344,994 | €462,528 | +€117,534 | +34.1% |
| Deferred charges and accrued income | 490/1 | €6,566 | €27,135 | +€20,568 | +313.2% |
| Total equity and liabilities | 10/49 | €1,265,652 | €1,155,600 | -€110,052 | -8.7% |
| Equity | 10/15 | €191,550 | €191,550 | = | 0.0% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €129,550 | €129,550 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €40,000 | €40,000 | = | 0.0% |
| Distributable reserves | 133 | €83,350 | €83,350 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €1,074,102 | €964,050 | -€110,052 | -10.2% |
| Amounts payable after more than one year | 17 | €145,287 | €55,943 | -€89,344 | -61.5% |
| Financial debts | 170/4 | €145,287 | €55,943 | -€89,344 | -61.5% |
| Amounts payable within one year | 42/48 | €919,514 | €898,376 | -€21,137 | -2.3% |
| Current portion of amounts payable after more than one year | 42 | €78,482 | €46,901 | -€31,581 | -40.2% |
| Financial debts | 43 | €261,679 | €331,159 | +€69,480 | +26.6% |
| Credit institutions | 430/8 | €261,679 | €331,159 | +€69,480 | +26.6% |
| Trade debts | 44 | €398,095 | €290,075 | -€108,021 | -27.1% |
| Suppliers | 440/4 | €398,095 | €290,075 | -€108,021 | -27.1% |
| Taxes, remuneration and social security | 45 | €12,463 | €39,701 | +€27,239 | +218.6% |
| Taxes | 450/3 | €2,564 | €27,931 | +€25,367 | +989.2% |
| Remuneration and social security | 454/9 | €9,898 | €11,770 | +€1,872 | +18.9% |
| Other amounts payable | 47/48 | €168,795 | €190,540 | +€21,745 | +12.9% |
| Accrued charges and deferred income | 492/3 | €9,302 | €9,731 | +€429 | +4.6% |
| Non-recurring operating income | 76A | €20,531 | €1,385 | -€19,146 | -93.3% |
| Remuneration, social security and pensions | 62 | €121,182 | €168,278 | +€47,096 | +38.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €73,676 | €66,912 | -€6,765 | -9.2% |
| Other operating charges | 640/8 | €21,699 | €23,734 | +€2,034 | +9.4% |
| Non-recurring operating charges | 66A | €851 | €0 | -€851 | -100.0% |
| Gross operating margin | 9900 | €469,810 | €462,425 | -€7,385 | -1.6% |
| Operating profit (loss) | 9901 | €252,402 | €203,502 | -€48,900 | -19.4% |
| Financial income | 75/76B | €54 | €345 | +€291 | +540.6% |
| Recurring financial income | 75 | €54 | €345 | +€291 | +540.6% |
| Financial charges | 65/66B | €29,437 | €26,797 | -€2,639 | -9.0% |
| Recurring financial charges | 65 | €29,437 | €26,797 | -€2,639 | -9.0% |
| Profit (loss) for the period before taxes | 9903 | €223,019 | €177,050 | -€45,969 | -20.6% |
| Income taxes | 67/77 | €55,212 | €46,930 | -€8,282 | -15.0% |
| Profit (loss) for the period | 9904 | €167,807 | €130,119 | -€37,687 | -22.5% |
| Profit (loss) for the period to be appropriated | 9905 | €167,807 | €130,119 | -€37,687 | -22.5% |
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 11 October 2026 via checked.be.