WESTHOF PROJECTS: 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.
WESTHOF PROJECTS
Largest movements
- Receivables within one year +€4,825
up €4,825 (+26.7%), from €18,082 to €22,907
of which Trade receivables: +€4,036
- Cash -€2,679
down €2,679 (-98.8%), from €2,713 to €33
mainly Receivables within one year (-€4,825) and Tax, wage and social debts (-€2,468)
- Profit (loss) carried forward +€2,958
up €2,958 (+22.8%), from -€12,956 to -€9,998
- Tax, wage and social debts -€2,468
no longer reported in 2024 (was €2,468)
- Trade debts +€1,656
up €1,656 (+414.1%), from €400 to €2,056
- Gross operating margin +€15,564
up €15,564, from -€12,907 to €2,656
- Financial income +€1,000
new in 2024: €1,000
- Financial charges +€650
up €650 (+1346.2%), from €48 to €698
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €20,794 | €22,940 | +€2,146 | +10.3% |
| Current assets | 29/58 | €20,794 | €22,940 | +€2,146 | +10.3% |
| Amounts receivable within one year | 40/41 | €18,082 | €22,907 | +€4,825 | +26.7% |
| Trade receivables | 40 | - | €4,036 | +€4,036 | |
| Other amounts receivable | 41 | €18,082 | €18,871 | +€789 | +4.4% |
| Cash at bank and in hand | 54/58 | €2,713 | €33 | -€2,679 | -98.8% |
| Total equity and liabilities | 10/49 | €20,794 | €22,940 | +€2,146 | +10.3% |
| Equity | 10/15 | €17,926 | €20,884 | +€2,958 | +16.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €24,682 | €24,682 | = | 0.0% |
| Distributable reserves | 133 | €24,682 | €24,682 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€12,956 | -€9,998 | +€2,958 | +22.8% |
| Amounts payable | 17/49 | €2,868 | €2,056 | -€812 | -28.3% |
| Amounts payable within one year | 42/48 | €2,868 | €2,056 | -€812 | -28.3% |
| Trade debts | 44 | €400 | €2,056 | +€1,656 | +414.1% |
| Suppliers | 440/4 | €400 | €2,056 | +€1,656 | +414.1% |
| Taxes, remuneration and social security | 45 | €2,468 | - | -€2,468 | |
| Taxes | 450/3 | €2,468 | - | -€2,468 | |
| Gross operating margin | 9900 | -€12,907 | €2,656 | +€15,564 | |
| Operating profit (loss) | 9901 | -€12,907 | €2,656 | +€15,564 | |
| Financial income | 75/76B | - | €1,000 | +€1,000 | |
| Recurring financial income | 75 | - | €1,000 | +€1,000 | |
| Financial charges | 65/66B | €48 | €698 | +€650 | +1346.2% |
| Recurring financial charges | 65 | €48 | €698 | +€650 | +1346.2% |
| Profit (loss) for the period before taxes | 9903 | -€12,956 | €2,958 | +€15,914 | |
| Income taxes | 67/77 | €0 | - | -€0 | |
| Profit (loss) for the period | 9904 | -€12,956 | €2,958 | +€15,914 | |
| Profit (loss) for the period to be appropriated | 9905 | -€12,956 | €2,958 | +€15,914 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.