WESTTRANS: 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.
WESTTRANS
Largest movements
- Receivables within one year +€295,447
up €295,447 (+12.8%), from €2.3m to €2.6m
of which Trade receivables: +€405,406
- Deferred charges and accrued income -€63,422
down €63,422 (-84.5%), from €75,081 to €11,659
- Trade debts -€154,630
down €154,630 (-44.0%), from €351,100 to €196,470
- Other debts +€110,000
up €110,000 (+28.2%), from €390,000 to €500,000
- Profit (loss) carried forward +€108,573
up €108,573 (+19.2%), from €564,259 to €672,832
- Reserves +€105,250
up €105,250 (+19.4%), from €542,641 to €647,891
of which Distributable reserves: +€117,880
- Tax, wage and social debts +€89,982
up €89,982 (+57.3%), from €157,022 to €247,004
of which Taxes: +€57,606
- Turnover +€749,420
up €749,420 (+20.8%), from €3.6m to €4.4m
- Staff costs +€426,523
up €426,523 (+22.5%), from €1.9m to €2.3m
- Services and other goods +€298,661
up €298,661 (+27.1%), from €1.1m to €1.4m
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,395,843 | €2,628,003 | +€232,160 | +9.7% |
| Fixed assets | 21/28 | €6,710 | €6,845 | +€135 | +2.0% |
| Tangible fixed assets | 22/27 | €0 | €0 | = | |
| Leasing and similar rights | 25 | €0 | €0 | = | |
| Financial fixed assets | 28 | €6,710 | €6,845 | +€135 | +2.0% |
| Other financial fixed assets | 284/8 | €6,710 | €6,845 | +€135 | +2.0% |
| Amounts receivable and cash guarantees | 285/8 | €6,710 | €6,845 | +€135 | +2.0% |
| Current assets | 29/58 | €2,389,133 | €2,621,158 | +€232,025 | +9.7% |
| Amounts receivable within one year | 40/41 | €2,314,052 | €2,609,499 | +€295,447 | +12.8% |
| Trade receivables | 40 | €311,829 | €717,235 | +€405,406 | +130% |
| Other amounts receivable | 41 | €2,002,223 | €1,892,264 | -€109,959 | -5.5% |
| Deferred charges and accrued income | 490/1 | €75,081 | €11,659 | -€63,422 | -84.5% |
| Total equity and liabilities | 10/49 | €2,395,843 | €2,628,003 | +€232,160 | +9.7% |
| Equity | 10/15 | €1,406,900 | €1,620,722 | +€213,823 | +15.2% |
| Contributions | 10/11 | €300,000 | €300,000 | = | 0.0% |
| Reserves | 13 | €542,641 | €647,891 | +€105,250 | +19.4% |
| Tax-exempt reserves | 132 | €517,830 | €505,200 | -€12,630 | -2.4% |
| Distributable reserves | 133 | €24,811 | €142,691 | +€117,880 | +475% |
| Profit (loss) carried forward | 14 | €564,259 | €672,832 | +€108,573 | +19.2% |
| Amounts payable | 17/49 | €988,944 | €1,007,281 | +€18,337 | +1.9% |
| Amounts payable after more than one year | 17 | €63,808 | €44,434 | -€19,374 | -30.4% |
| Financial debts | 170/4 | €63,808 | €44,434 | -€19,374 | -30.4% |
| Leasing and similar obligations | 172 | €63,808 | €44,434 | -€19,374 | -30.4% |
| Amounts payable within one year | 42/48 | €925,136 | €962,848 | +€37,712 | +4.1% |
| Current portion of amounts payable after more than one year | 42 | €27,014 | €19,374 | -€7,639 | -28.3% |
| Trade debts | 44 | €351,100 | €196,470 | -€154,630 | -44.0% |
| Suppliers | 440/4 | €351,100 | €196,470 | -€154,630 | -44.0% |
| Taxes, remuneration and social security | 45 | €157,022 | €247,004 | +€89,982 | +57.3% |
| Taxes | 450/3 | €31,289 | €88,895 | +€57,606 | +184% |
| Remuneration and social security | 454/9 | €125,733 | €158,108 | +€32,375 | +25.7% |
| Other amounts payable | 47/48 | €390,000 | €500,000 | +€110,000 | +28.2% |
| Operating income | 70/76A | €3,665,812 | €4,424,616 | +€758,803 | +20.7% |
| Turnover | 70 | €3,601,275 | €4,350,694 | +€749,420 | +20.8% |
| Other operating income | 74 | €64,538 | €73,921 | +€9,384 | +14.5% |
| Operating charges | 60/66A | €3,010,552 | €3,726,798 | +€716,246 | +23.8% |
| Services and other goods | 61 | €1,100,964 | €1,399,625 | +€298,661 | +27.1% |
| Remuneration, social security and pensions | 62 | €1,895,341 | €2,321,864 | +€426,523 | +22.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,931 | - | -€7,931 | |
| Other operating charges | 640/8 | €6,316 | €5,309 | -€1,007 | -15.9% |
| Operating profit (loss) | 9901 | €655,260 | €697,817 | +€42,557 | +6.5% |
| Financial income | 75/76B | €75,138 | €79,885 | +€4,747 | +6.3% |
| Recurring financial income | 75 | €75,138 | €79,885 | +€4,747 | +6.3% |
| Income from current assets | 751 | €75,138 | €79,885 | +€4,747 | +6.3% |
| Other financial income | 752/9 | €0 | - | -€0 | |
| Financial charges | 65/66B | €10,436 | €10,058 | -€377 | -3.6% |
| Recurring financial charges | 65 | €10,436 | €10,058 | -€377 | -3.6% |
| Debt charges | 650 | €9,471 | €8,627 | -€844 | -8.9% |
| Other financial charges | 652/9 | €965 | €1,431 | +€466 | +48.3% |
| Profit (loss) for the period before taxes | 9903 | €719,962 | €767,644 | +€47,682 | +6.6% |
| Income taxes | 67/77 | €94,324 | €78,822 | -€15,502 | -16.4% |
| Taxes | 670/3 | €94,324 | €78,822 | -€15,502 | -16.4% |
| Profit (loss) for the period | 9904 | €625,638 | €688,823 | +€63,184 | +10.1% |
| Transfer from tax-exempt reserves | 789 | - | €117,880 | +€117,880 | |
| Transfer to tax-exempt reserves | 689 | €126,300 | €105,250 | -€21,050 | -16.7% |
| Profit (loss) for the period to be appropriated | 9905 | €499,338 | €701,453 | +€202,114 | +40.5% |
Source: filed annual accounts (NBB), financial years ended 31 July 2024 and 31 July 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.