WESTBURO: 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.
WESTBURO
Largest movements
- Tangible fixed assets -€4,751
down €4,751 (-35.4%), from €13,410 to €8,659
of which Furniture and vehicles: -€3,460
- Stocks and contracts +€4,547
up €4,547 (+29.4%), from €15,453 to €20,000
- Cash -€3,752
down €3,752 (-93.0%), from €4,033 to €281
mainly Short-term financial debts (-€40,000) and Stocks and contracts (-€4,547)
- Short-term financial debts -€40,000
down €40,000 (-75.1%), from €53,261 to €13,261
- Trade debts +€37,431
up €37,431 (+96.4%), from €38,813 to €76,244
- Tax, wage and social debts -€3,118
down €3,118 (-19.8%), from €15,734 to €12,617
- Gross operating margin -€3,285
down €3,285 (-20.8%), from €15,766 to €12,481
- Other operating charges -€2,709
down €2,709 (-65.4%), from €4,144 to €1,435
- Depreciation +€883
up €883 (+22.8%), from €3,868 to €4,751
- Taxes -€635
down €635 (-21.0%), from €3,031 to €2,396
- Financial charges -€245
down €245 (-7.2%), from €3,390 to €3,145
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 | €123,892 | €118,968 | -€4,924 | -4.0% |
| Fixed assets | 21/28 | €13,410 | €8,659 | -€4,751 | -35.4% |
| Tangible fixed assets | 22/27 | €13,410 | €8,659 | -€4,751 | -35.4% |
| Furniture and vehicles | 24 | €9,335 | €5,875 | -€3,460 | -37.1% |
| Other tangible fixed assets | 26 | €4,075 | €2,784 | -€1,291 | -31.7% |
| Current assets | 29/58 | €110,482 | €110,309 | -€173 | -0.2% |
| Stocks and contracts in progress | 3 | €15,453 | €20,000 | +€4,547 | +29.4% |
| Stocks | 30/36 | €15,453 | €20,000 | +€4,547 | +29.4% |
| Amounts receivable within one year | 40/41 | €90,221 | €89,498 | -€723 | -0.8% |
| Trade receivables | 40 | €64,503 | €33,397 | -€31,106 | -48.2% |
| Other amounts receivable | 41 | €25,718 | €56,101 | +€30,383 | +118.1% |
| Cash at bank and in hand | 54/58 | €4,033 | €281 | -€3,752 | -93.0% |
| Deferred charges and accrued income | 490/1 | €775 | €530 | -€245 | -31.6% |
| Total equity and liabilities | 10/49 | €123,892 | €118,968 | -€4,924 | -4.0% |
| Equity | 10/15 | €16,085 | €16,847 | +€762 | +4.7% |
| Contributions | 10/11 | €12,000 | €12,000 | = | 0.0% |
| Reserves | 13 | €4,085 | €4,847 | +€762 | +18.7% |
| Distributable reserves | 133 | €4,085 | €4,847 | +€762 | +18.7% |
| Amounts payable | 17/49 | €107,808 | €102,121 | -€5,686 | -5.3% |
| Amounts payable within one year | 42/48 | €107,808 | €102,121 | -€5,686 | -5.3% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Financial debts | 43 | €53,261 | €13,261 | -€40,000 | -75.1% |
| Credit institutions | 430/8 | €53,261 | €13,261 | -€40,000 | -75.1% |
| Trade debts | 44 | €38,813 | €76,244 | +€37,431 | +96.4% |
| Suppliers | 440/4 | €38,813 | €76,244 | +€37,431 | +96.4% |
| Taxes, remuneration and social security | 45 | €15,734 | €12,617 | -€3,118 | -19.8% |
| Taxes | 450/3 | €15,734 | €12,617 | -€3,118 | -19.8% |
| Non-recurring operating income | 76A | €0 | €563 | +€563 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,868 | €4,751 | +€883 | +22.8% |
| Other operating charges | 640/8 | €4,144 | €1,435 | -€2,709 | -65.4% |
| Gross operating margin | 9900 | €15,766 | €12,481 | -€3,285 | -20.8% |
| Operating profit (loss) | 9901 | €7,754 | €6,295 | -€1,459 | -18.8% |
| Financial income | 75/76B | €21 | €8 | -€12 | -60.5% |
| Recurring financial income | 75 | €21 | €8 | -€12 | -60.5% |
| Financial charges | 65/66B | €3,390 | €3,145 | -€245 | -7.2% |
| Recurring financial charges | 65 | €3,390 | €3,145 | -€245 | -7.2% |
| Profit (loss) for the period before taxes | 9903 | €4,385 | €3,158 | -€1,226 | -28.0% |
| Income taxes | 67/77 | €3,031 | €2,396 | -€635 | -21.0% |
| Profit (loss) for the period | 9904 | €1,353 | €762 | -€591 | -43.7% |
| Profit (loss) for the period to be appropriated | 9905 | €1,353 | €762 | -€591 | -43.7% |
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 5 October 2026 via checked.be.