WESTCHEM: 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.
WESTCHEM
Largest movements
- Cash +€29,232
up €29,232 (+16.3%), from €179,014 to €208,246
mainly Other debts (+€139,427) and Net result for the year (+€38,527)
- Contributions -€174,160
down €174,160 (-45.5%), from €383,136 to €208,976
- Other debts +€139,427
up €139,427 (+1,318%), from €10,575 to €150,002
- Reserves +€38,527
up €38,527 (+181%), from €21,277 to €59,804
- Tax, wage and social debts +€26,963
up €26,963 (+94.5%), from €28,527 to €55,490
- Gross operating margin +€28,126
up €28,126 (+55.9%), from €50,280 to €78,406
- Taxes +€10,966
up €10,966 (+102%), from €10,738 to €21,704
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 | €449,601 | €478,833 | +€29,232 | +6.5% |
| Fixed assets | 21/28 | €270,586 | €270,586 | = | 0.0% |
| Tangible fixed assets | 22/27 | €270,586 | €270,586 | = | 0.0% |
| Other tangible fixed assets | 26 | €270,586 | €270,586 | = | 0.0% |
| Current assets | 29/58 | €179,014 | €208,246 | +€29,232 | +16.3% |
| Cash at bank and in hand | 54/58 | €179,014 | €208,246 | +€29,232 | +16.3% |
| Total equity and liabilities | 10/49 | €449,601 | €478,833 | +€29,232 | +6.5% |
| Equity | 10/15 | €408,575 | €272,941 | -€135,633 | -33.2% |
| Contributions | 10/11 | €383,136 | €208,976 | -€174,160 | -45.5% |
| Capital | 10 | €383,136 | €208,976 | -€174,160 | -45.5% |
| Issued capital | 100 | €383,136 | €208,976 | -€174,160 | -45.5% |
| Reserves | 13 | €21,277 | €59,804 | +€38,527 | +181% |
| Distributable reserves | 133 | €21,277 | €59,804 | +€38,527 | +181% |
| Profit (loss) carried forward | 14 | €4,162 | €4,162 | = | 0.0% |
| Amounts payable | 17/49 | €41,026 | €205,891 | +€164,865 | +402% |
| Amounts payable within one year | 42/48 | €41,026 | €205,891 | +€164,865 | +402% |
| Trade debts | 44 | €1,924 | €400 | -€1,524 | -79.2% |
| Suppliers | 440/4 | €1,924 | €400 | -€1,524 | -79.2% |
| Taxes, remuneration and social security | 45 | €28,527 | €55,490 | +€26,963 | +94.5% |
| Taxes | 450/3 | €28,527 | €55,490 | +€26,963 | +94.5% |
| Other amounts payable | 47/48 | €10,575 | €150,002 | +€139,427 | +1,318% |
| Other operating charges | 640/8 | €18,220 | €18,101 | -€119 | -0.7% |
| Gross operating margin | 9900 | €50,280 | €78,406 | +€28,126 | +55.9% |
| Operating profit (loss) | 9901 | €32,060 | €60,306 | +€28,246 | +88.1% |
| Financial charges | 65/66B | €45 | €75 | +€30 | +67.3% |
| Recurring financial charges | 65 | €45 | €75 | +€30 | +67.3% |
| Profit (loss) for the period before taxes | 9903 | €32,015 | €60,231 | +€28,215 | +88.1% |
| Income taxes | 67/77 | €10,738 | €21,704 | +€10,966 | +102% |
| Profit (loss) for the period | 9904 | €21,277 | €38,527 | +€17,249 | +81.1% |
| Profit (loss) for the period to be appropriated | 9905 | €21,277 | €38,527 | +€17,249 | +81.1% |
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 19 October 2026 via checked.be.