WESTPARK PROJECT: 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.
WESTPARK PROJECT
Largest movements
- Receivables within one year -€17,461
down €17,461 (-99.9%), from €17,479 to €18
of which Other amounts receivable: -€17,479
- Cash +€9,097
up €9,097 (+69.6%), from €13,065 to €22,162
mainly Receivables within one year (+€17,461)
- Profit (loss) carried forward -€7,401
down €7,401 (-24.6%), from -€30,119 to -€37,520
- Gross operating margin -€666
down €666 (-13.3%), from -€4,991 to -€5,657
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 | €305,181 | €296,822 | -€8,359 | -2.7% |
| Current assets | 29/58 | €305,181 | €296,822 | -€8,359 | -2.7% |
| Stocks and contracts in progress | 3 | €274,135 | €274,135 | = | 0.0% |
| Stocks | 30/36 | €33,341 | €33,341 | = | 0.0% |
| Contracts in progress | 37 | €240,794 | €240,794 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €17,479 | €18 | -€17,461 | -99.9% |
| Trade receivables | 40 | - | €18 | +€18 | |
| Other amounts receivable | 41 | €17,479 | - | -€17,479 | |
| Cash at bank and in hand | 54/58 | €13,065 | €22,162 | +€9,097 | +69.6% |
| Deferred charges and accrued income | 490/1 | €502 | €508 | +€5 | +1.1% |
| Total equity and liabilities | 10/49 | €305,181 | €296,822 | -€8,359 | -2.7% |
| Equity | 10/15 | €58,512 | €51,111 | -€7,401 | -12.6% |
| Contributions | 10/11 | €80,573 | €80,573 | = | 0.0% |
| Capital | 10 | €80,573 | €80,573 | = | 0.0% |
| Issued capital | 100 | €80,573 | €80,573 | = | 0.0% |
| Reserves | 13 | €8,057 | €8,057 | = | 0.0% |
| Non-distributable reserves | 130/1 | €8,057 | €8,057 | = | 0.0% |
| Legal reserve | 130 | €8,057 | €8,057 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€30,119 | -€37,520 | -€7,401 | -24.6% |
| Amounts payable | 17/49 | €246,669 | €245,711 | -€958 | -0.4% |
| Amounts payable within one year | 42/48 | €246,556 | €245,618 | -€938 | -0.4% |
| Trade debts | 44 | €968 | €30 | -€938 | -96.9% |
| Suppliers | 440/4 | €968 | €30 | -€938 | -96.9% |
| Other amounts payable | 47/48 | €245,588 | €245,588 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €113 | €93 | -€20 | -17.7% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | -€4,991 | -€5,657 | -€666 | -13.3% |
| Operating profit (loss) | 9901 | -€5,378 | -€6,056 | -€678 | -12.6% |
| Financial charges | 65/66B | €1,325 | €1,345 | +€19 | +1.5% |
| Recurring financial charges | 65 | €1,325 | €1,345 | +€19 | +1.5% |
| Profit (loss) for the period before taxes | 9903 | -€6,704 | -€7,401 | -€697 | -10.4% |
| Profit (loss) for the period | 9904 | -€6,704 | -€7,401 | -€697 | -10.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,704 | -€7,401 | -€697 | -10.4% |
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 18 October 2026 via checked.be.