Westkaap: 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.
Westkaap
Largest movements
- Cash -€64,031
down €64,031 (-96.2%), from €66,550 to €2,519
mainly Net result for the year (-€78,168) and Trade debts (-€17,035)
- Receivables within one year -€9,753
down €9,753 (-50.2%), from €19,433 to €9,680
of which Trade receivables: -€5,445
- Deferred charges and accrued income -€8,172
down €8,172 (-72.5%), from €11,276 to €3,104
- Tangible fixed assets -€4,193
down €4,193 (-46.2%), from €9,068 to €4,875
of which Furniture and vehicles: -€3,696
- Profit (loss) carried forward -€78,169
down €78,169 (-461.1%), from -€16,951 to -€95,120
- Trade debts -€17,035
down €17,035 (-76.0%), from €22,402 to €5,367
- Other debts +€15,563
up €15,563 (+134.6%), from €11,562 to €27,125
- Tax, wage and social debts -€6,509
down €6,509 (-71.6%), from €9,095 to €2,586
of which Taxes: -€4,541
- Gross operating margin -€36,387
down €36,387 (-305.5%), from -€11,909 to -€48,296
- Financial charges +€13,525
up €13,525 (+1606.3%), from €842 to €14,367
- Taxes +€6,081
up €6,081 (+1158.3%), from €525 to €6,606
- Financial income +€1,361
up €1,361 (+95.6%), from €1,424 to €2,785
- Other operating charges +€1,117
up €1,117 (+221.2%), from €505 to €1,622
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 | €156,327 | €70,178 | -€86,149 | -55.1% |
| Fixed assets | 21/28 | €9,068 | €4,875 | -€4,193 | -46.2% |
| Tangible fixed assets | 22/27 | €9,068 | €4,875 | -€4,193 | -46.2% |
| Land and buildings | 22 | €1,116 | €619 | -€497 | -44.6% |
| Furniture and vehicles | 24 | €7,952 | €4,256 | -€3,696 | -46.5% |
| Current assets | 29/58 | €147,259 | €65,303 | -€81,956 | -55.7% |
| Amounts receivable after more than one year | 29 | €50,000 | €50,000 | = | 0.0% |
| Other amounts receivable | 291 | €50,000 | €50,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €19,433 | €9,680 | -€9,753 | -50.2% |
| Trade receivables | 40 | €15,125 | €9,680 | -€5,445 | -36.0% |
| Other amounts receivable | 41 | €4,308 | €0 | -€4,308 | -100.0% |
| Cash at bank and in hand | 54/58 | €66,550 | €2,519 | -€64,031 | -96.2% |
| Deferred charges and accrued income | 490/1 | €11,276 | €3,104 | -€8,172 | -72.5% |
| Total equity and liabilities | 10/49 | €156,327 | €70,178 | -€86,149 | -55.1% |
| Equity | 10/15 | €113,268 | €35,100 | -€78,168 | -69.0% |
| Contributions | 10/11 | €8,200 | €8,200 | = | 0.0% |
| Reserves | 13 | €122,019 | €122,019 | +€0 | 0.0% |
| Distributable reserves | 133 | €122,019 | €122,019 | +€0 | 0.0% |
| Profit (loss) carried forward | 14 | -€16,951 | -€95,120 | -€78,169 | -461.1% |
| Amounts payable | 17/49 | €43,059 | €35,078 | -€7,981 | -18.5% |
| Amounts payable within one year | 42/48 | €43,059 | €35,078 | -€7,981 | -18.5% |
| Trade debts | 44 | €22,402 | €5,367 | -€17,035 | -76.0% |
| Suppliers | 440/4 | €22,402 | €5,367 | -€17,035 | -76.0% |
| Taxes, remuneration and social security | 45 | €9,095 | €2,586 | -€6,509 | -71.6% |
| Taxes | 450/3 | €7,127 | €2,586 | -€4,541 | -63.7% |
| Remuneration and social security | 454/9 | €1,968 | €0 | -€1,968 | -100.0% |
| Other amounts payable | 47/48 | €11,562 | €27,125 | +€15,563 | +134.6% |
| Non-recurring operating income | 76A | €5,674 | €11,875 | +€6,201 | +109.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,594 | €4,194 | -€400 | -8.7% |
| Other operating charges | 640/8 | €505 | €1,622 | +€1,117 | +221.2% |
| Non-recurring operating charges | 66A | - | €5,869 | +€5,869 | |
| Gross operating margin | 9900 | -€11,909 | -€48,296 | -€36,387 | -305.5% |
| Operating profit (loss) | 9901 | -€17,009 | -€59,980 | -€42,971 | -252.6% |
| Financial income | 75/76B | €1,424 | €2,785 | +€1,361 | +95.6% |
| Recurring financial income | 75 | €1,424 | €2,785 | +€1,361 | +95.6% |
| Financial charges | 65/66B | €842 | €14,367 | +€13,525 | +1606.3% |
| Recurring financial charges | 65 | €842 | €14,367 | +€13,525 | +1606.3% |
| Profit (loss) for the period before taxes | 9903 | -€16,426 | -€71,562 | -€55,136 | -335.7% |
| Income taxes | 67/77 | €525 | €6,606 | +€6,081 | +1158.3% |
| Profit (loss) for the period | 9904 | -€16,951 | -€78,168 | -€61,217 | -361.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€16,951 | -€78,168 | -€61,217 | -361.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.