WESTCLEAN GROUP: 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.
WESTCLEAN GROUP
Largest movements
- Tangible fixed assets -€46,095
down €46,095 (-23.7%), from €194,083 to €147,988
of which Leasing and similar rights: -€76,588
- Cash +€40,370
up €40,370 (+95.2%), from €42,395 to €82,765
mainly Depreciation (+€45,687) and Other debts (+€42,949)
- Receivables after one year -€25,000
down €25,000 (-100%), from €25,000 to €0
- Current investments +€24,462
up €24,462 (+64.7%), from €37,789 to €62,251
- Receivables within one year +€19,340
up €19,340 (+47.5%), from €40,710 to €60,050
of which Other amounts receivable: +€26,014
- Other debts +€42,949
up €42,949 (+850%), from €5,051 to €48,000
- Reserves -€28,752
down €28,752 (-22.1%), from €130,068 to €101,316
- Current portion of long-term debt -€8,372
down €8,372 (-17.3%), from €48,439 to €40,067
- Gross operating margin -€43,916
down €43,916 (-22.7%), from €193,582 to €149,665
- Staff costs -€33,729
down €33,729 (-38.2%), from €88,353 to €54,624
- Other operating charges +€8,073
up €8,073 (+442%), from €1,827 to €9,900
- Depreciation -€6,824
down €6,824 (-13.0%), from €52,510 to €45,687
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 | €351,269 | €353,647 | +€2,378 | +0.7% |
| Fixed assets | 21/28 | €194,083 | €147,988 | -€46,095 | -23.7% |
| Tangible fixed assets | 22/27 | €194,083 | €147,988 | -€46,095 | -23.7% |
| Land and buildings | 22 | €18,037 | €0 | -€18,037 | -100% |
| Plant, machinery and equipment | 23 | €22,140 | €12,195 | -€9,944 | -44.9% |
| Furniture and vehicles | 24 | €30,290 | €88,764 | +€58,474 | +193% |
| Leasing and similar rights | 25 | €123,617 | €47,029 | -€76,588 | -62.0% |
| Current assets | 29/58 | €157,186 | €205,659 | +€48,473 | +30.8% |
| Amounts receivable after more than one year | 29 | €25,000 | €0 | -€25,000 | -100% |
| Other amounts receivable | 291 | €25,000 | €0 | -€25,000 | -100% |
| Stocks and contracts in progress | 3 | €8,990 | €0 | -€8,990 | -100% |
| Stocks | 30/36 | €8,990 | €0 | -€8,990 | -100% |
| Amounts receivable within one year | 40/41 | €40,710 | €60,050 | +€19,340 | +47.5% |
| Trade receivables | 40 | €37,552 | €30,878 | -€6,673 | -17.8% |
| Other amounts receivable | 41 | €3,158 | €29,172 | +€26,014 | +824% |
| Current investments | 50/53 | €37,789 | €62,251 | +€24,462 | +64.7% |
| Cash at bank and in hand | 54/58 | €42,395 | €82,765 | +€40,370 | +95.2% |
| Deferred charges and accrued income | 490/1 | €2,301 | €592 | -€1,710 | -74.3% |
| Total equity and liabilities | 10/49 | €351,269 | €353,647 | +€2,378 | +0.7% |
| Equity | 10/15 | €133,068 | €104,316 | -€28,752 | -21.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €130,068 | €101,316 | -€28,752 | -22.1% |
| Distributable reserves | 133 | €130,068 | €101,316 | -€28,752 | -22.1% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €218,201 | €249,331 | +€31,130 | +14.3% |
| Amounts payable after more than one year | 17 | €135,916 | €133,108 | -€2,808 | -2.1% |
| Financial debts | 170/4 | €135,916 | €133,108 | -€2,808 | -2.1% |
| Amounts payable within one year | 42/48 | €80,886 | €116,127 | +€35,241 | +43.6% |
| Current portion of amounts payable after more than one year | 42 | €48,439 | €40,067 | -€8,372 | -17.3% |
| Financial debts | 43 | €163 | €1,898 | +€1,735 | +1,061% |
| Credit institutions | 430/8 | €163 | €1,898 | +€1,735 | +1,061% |
| Trade debts | 44 | €12,961 | €13,915 | +€954 | +7.4% |
| Suppliers | 440/4 | €12,961 | €13,915 | +€954 | +7.4% |
| Taxes, remuneration and social security | 45 | €14,272 | €12,247 | -€2,024 | -14.2% |
| Taxes | 450/3 | €12,384 | €9,974 | -€2,410 | -19.5% |
| Remuneration and social security | 454/9 | €1,887 | €2,273 | +€386 | +20.4% |
| Other amounts payable | 47/48 | €5,051 | €48,000 | +€42,949 | +850% |
| Accrued charges and deferred income | 492/3 | €1,399 | €96 | -€1,303 | -93.1% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €88,353 | €54,624 | -€33,729 | -38.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €52,510 | €45,687 | -€6,824 | -13.0% |
| Other operating charges | 640/8 | €1,827 | €9,900 | +€8,073 | +442% |
| Gross operating margin | 9900 | €193,582 | €149,665 | -€43,916 | -22.7% |
| Operating profit (loss) | 9901 | €50,892 | €39,456 | -€11,436 | -22.5% |
| Financial income | 75/76B | €655 | €879 | +€224 | +34.2% |
| Recurring financial income | 75 | €655 | €879 | +€224 | +34.2% |
| Financial charges | 65/66B | €9,101 | €10,080 | +€979 | +10.8% |
| Recurring financial charges | 65 | €9,101 | €10,080 | +€979 | +10.8% |
| Profit (loss) for the period before taxes | 9903 | €42,446 | €30,255 | -€12,191 | -28.7% |
| Income taxes | 67/77 | €11,831 | €11,007 | -€824 | -7.0% |
| Profit (loss) for the period | 9904 | €30,615 | €19,248 | -€11,367 | -37.1% |
| Profit (loss) for the period to be appropriated | 9905 | €30,615 | €19,248 | -€11,367 | -37.1% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.