WESTROPLANT: 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.
What changed
WESTROPLANT
NACE 01.110, Growing of cereals (except rice), leguminous crops and oil seeds
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€169,130
2024 · -€1,766+€170,897
Equity
€1.4m
2024 · €2.1m-€774,995
Cash
€74,804
2024 · €203,305-€128,501
Balance sheet total
€1.7m
2024 · €2.5m-€836,048
Largest movements
Assets
- Current investments -€689,680
down €689,680 (-41.3%), from €1.7m to €978,829
- Cash -€128,501
down €128,501 (-63.2%), from €203,305 to €74,804
mainly Contributions, distributions and other (-€944,125) and Debts after one year (-€25,000)
Equity and liabilities
- Reserves -€774,995
down €774,995 (-36.6%), from €2.1m to €1.3m
of which Distributable reserves: -€765,439
Income statement
- Financial income +€199,473
up €199,473 (+927%), from €21,508 to €220,981
- Gross operating margin -€44,545
down €44,545, from €37,140 to -€7,405
- Taxes -€19,908
down €19,908 (-45.5%), from €43,710 to €23,802
- Financial charges +€4,480
up €4,480, from -€2,912 to €1,568
- Other operating charges -€765
down €765 (-25.3%), from €3,028 to €2,263
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.
Result 2024
-€1,766
Gross operating margin
-€44,545
Depreciation
-€222
Other operating charges
+€765
Financial income
+€199,473
Financial charges
-€4,480
Taxes
+€19,908
Deferred taxes and other
-€3
Result 2025
€169,130
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€153,161
Investment
+€687,464
Financing
-€969,125
Cash 2024
€203,305
From operations (derived)
+€153,161
Net result for the year
+€169,130
Depreciation
+€19,997
Receivables within one year
+€3,996
Deferred charges and accrued income
-€3,910
Provisions
-€3,185
Smaller working-capital items
+€1,174
Tax, wage and social debts
-€15,684
Other debts
-€18,357
Investment (derived)
+€687,464
Investment in fixed assets (net)
-€2,216
Current investments
+€689,680
Financing
-€969,125
Debts after one year
-€25,000
Contributions, distributions and other
-€944,125
Cash 2025
€74,804
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,518,769 | €1,682,721 | -€836,048 | -33.2% |
| Fixed assets | 21/28 | €633,722 | €615,941 | -€17,781 | -2.8% |
| Tangible fixed assets | 22/27 | €633,722 | €615,941 | -€17,781 | -2.8% |
| Land and buildings | 22 | €633,722 | €613,958 | -€19,764 | -3.1% |
| Furniture and vehicles | 24 | - | €1,983 | +€1,983 | |
| Current assets | 29/58 | €1,885,047 | €1,066,780 | -€818,267 | -43.4% |
| Amounts receivable within one year | 40/41 | €12,850 | €8,854 | -€3,996 | -31.1% |
| Trade receivables | 40 | €5,600 | €0 | -€5,600 | -100% |
| Other amounts receivable | 41 | €7,250 | €8,854 | +€1,604 | +22.1% |
| Current investments | 50/53 | €1,668,509 | €978,829 | -€689,680 | -41.3% |
| Cash at bank and in hand | 54/58 | €203,305 | €74,804 | -€128,501 | -63.2% |
| Deferred charges and accrued income | 490/1 | €382 | €4,293 | +€3,910 | +1,022% |
| Total equity and liabilities | 10/49 | €2,518,769 | €1,682,721 | -€836,048 | -33.2% |
| Equity | 10/15 | €2,126,078 | €1,351,083 | -€774,995 | -36.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €2,119,878 | €1,344,883 | -€774,995 | -36.6% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €288,527 | €278,971 | -€9,556 | -3.3% |
| Distributable reserves | 133 | €1,831,351 | €1,065,912 | -€765,439 | -41.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | €85,823 | €82,637 | -€3,185 | -3.7% |
| Deferred taxes | 168 | €85,823 | €82,637 | -€3,185 | -3.7% |
| Amounts payable | 17/49 | €306,868 | €249,000 | -€57,867 | -18.9% |
| Amounts payable after more than one year | 17 | €160,417 | €135,417 | -€25,000 | -15.6% |
| Financial debts | 170/4 | €160,417 | €135,417 | -€25,000 | -15.6% |
| Amounts payable within one year | 42/48 | €146,451 | €112,599 | -€33,852 | -23.1% |
| Current portion of amounts payable after more than one year | 42 | €25,000 | €25,000 | = | 0.0% |
| Financial debts | 43 | €2,083 | €2,083 | = | 0.0% |
| Other loans | 439 | €2,083 | €2,083 | = | 0.0% |
| Trade debts | 44 | €700 | €889 | +€189 | +27.0% |
| Suppliers | 440/4 | €700 | €889 | +€189 | +27.0% |
| Taxes, remuneration and social security | 45 | €57,396 | €41,712 | -€15,684 | -27.3% |
| Taxes | 450/3 | €57,396 | €41,712 | -€15,684 | -27.3% |
| Other amounts payable | 47/48 | €61,271 | €42,914 | -€18,357 | -30.0% |
| Accrued charges and deferred income | 492/3 | €0 | €984 | +€984 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,775 | €19,997 | +€222 | +1.1% |
| Other operating charges | 640/8 | €3,028 | €2,263 | -€765 | -25.3% |
| Gross operating margin | 9900 | €37,140 | -€7,405 | -€44,545 | |
| Operating profit (loss) | 9901 | €14,336 | -€29,666 | -€44,002 | |
| Financial income | 75/76B | €21,508 | €220,981 | +€199,473 | +927% |
| Recurring financial income | 75 | €21,508 | €220,981 | +€199,473 | +927% |
| Financial charges | 65/66B | -€2,912 | €1,568 | +€4,480 | |
| Recurring financial charges | 65 | -€2,912 | €1,568 | +€4,480 | |
| Profit (loss) for the period before taxes | 9903 | €38,756 | €189,747 | +€150,991 | +390% |
| Transfer from deferred taxes | 780 | €3,188 | €3,185 | -€3 | -0.1% |
| Income taxes | 67/77 | €43,710 | €23,802 | -€19,908 | -45.5% |
| Profit (loss) for the period | 9904 | -€1,766 | €169,130 | +€170,897 | |
| Transfer from tax-exempt reserves | 789 | €199,015 | €9,556 | -€189,459 | -95.2% |
| Profit (loss) for the period to be appropriated | 9905 | €197,249 | €178,686 | -€18,562 | -9.4% |
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 21 October 2026 via checked.be.