Westend 2000: 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.
Westend 2000
Largest movements
- Cash -€21,980
down €21,980 (-7.2%), from €305,948 to €283,967
mainly Other debts (-€47,170) and Net result for the year (-€2,906)
- Tangible fixed assets -€19,623
down €19,623 (-8.6%), from €228,012 to €208,389
of which Land and buildings: -€12,360
- Receivables within one year -€6,575
down €6,575 (-67.2%), from €9,781 to €3,207
- Other debts -€47,170
down €47,170 (-56.4%), from €83,645 to €36,475
- Accrued charges and deferred income +€5,484
up €5,484 (+48.2%), from €11,382 to €16,867
- Gross operating margin -€219,472
down €219,472 (-90.8%), from €241,655 to €22,182
- Taxes -€86,761
down €86,761, from €86,745 to -€16
- Financial charges -€9,689
down €9,689 (-73.8%), from €13,121 to €3,432
- Other operating charges -€4,474
down €4,474 (-62.2%), from €7,192 to €2,718
- Depreciation +€3,469
up €3,469 (+21.5%), from €16,155 to €19,623
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 | €543,741 | €497,575 | -€46,166 | -8.5% |
| Fixed assets | 21/28 | €228,012 | €208,389 | -€19,623 | -8.6% |
| Tangible fixed assets | 22/27 | €228,012 | €208,389 | -€19,623 | -8.6% |
| Land and buildings | 22 | €163,399 | €151,040 | -€12,360 | -7.6% |
| Plant, machinery and equipment | 23 | €3,419 | €2,554 | -€865 | -25.3% |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Other tangible fixed assets | 26 | €61,194 | €54,795 | -€6,399 | -10.5% |
| Current assets | 29/58 | €315,729 | €289,187 | -€26,542 | -8.4% |
| Amounts receivable within one year | 40/41 | €9,781 | €3,207 | -€6,575 | -67.2% |
| Other amounts receivable | 41 | €9,781 | €3,207 | -€6,575 | -67.2% |
| Cash at bank and in hand | 54/58 | €305,948 | €283,967 | -€21,980 | -7.2% |
| Deferred charges and accrued income | 490/1 | - | €2,013 | +€2,013 | |
| Total equity and liabilities | 10/49 | €543,741 | €497,575 | -€46,166 | -8.5% |
| Equity | 10/15 | €446,601 | €443,695 | -€2,906 | -0.7% |
| Contributions | 10/11 | €182,984 | €182,984 | = | 0.0% |
| Reserves | 13 | €256,298 | €256,298 | = | 0.0% |
| Distributable reserves | 133 | €256,298 | €256,298 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,318 | €4,412 | -€2,906 | -39.7% |
| Amounts payable | 17/49 | €97,140 | €53,880 | -€43,260 | -44.5% |
| Amounts payable within one year | 42/48 | €85,758 | €37,014 | -€48,744 | -56.8% |
| Trade debts | 44 | €2,113 | €539 | -€1,574 | -74.5% |
| Suppliers | 440/4 | €2,113 | €539 | -€1,574 | -74.5% |
| Other amounts payable | 47/48 | €83,645 | €36,475 | -€47,170 | -56.4% |
| Accrued charges and deferred income | 492/3 | €11,382 | €16,867 | +€5,484 | +48.2% |
| Non-recurring operating income | 76A | €230,408 | - | -€230,408 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,155 | €19,623 | +€3,469 | +21.5% |
| Other operating charges | 640/8 | €7,192 | €2,718 | -€4,474 | -62.2% |
| Non-recurring operating charges | 66A | €3,797 | - | -€3,797 | |
| Gross operating margin | 9900 | €241,655 | €22,182 | -€219,472 | -90.8% |
| Operating profit (loss) | 9901 | €214,511 | -€159 | -€214,670 | |
| Financial income | 75/76B | €3 | €669 | +€666 | +22,886% |
| Recurring financial income | 75 | €3 | €669 | +€666 | +22,886% |
| Financial charges | 65/66B | €13,121 | €3,432 | -€9,689 | -73.8% |
| Recurring financial charges | 65 | €13,121 | €3,432 | -€9,689 | -73.8% |
| Profit (loss) for the period before taxes | 9903 | €201,393 | -€2,922 | -€204,315 | |
| Transfer from deferred taxes | 780 | €42,105 | - | -€42,105 | |
| Income taxes | 67/77 | €86,745 | -€16 | -€86,761 | |
| Profit (loss) for the period | 9904 | €156,753 | -€2,906 | -€159,659 | |
| Transfer from tax-exempt reserves | 789 | €81,770 | - | -€81,770 | |
| Profit (loss) for the period to be appropriated | 9905 | €238,523 | -€2,906 | -€241,429 |
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 16 October 2026 via checked.be.