Westvlacre: 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.
Westvlacre
Largest movements
- Tangible fixed assets -€195,541
down €195,541 (-6.4%), from €3.0m to €2.8m
of which Land and buildings: -€197,400
- Receivables within one year +€167,282
up €167,282 (+8.3%), from €2.0m to €2.2m
of which Other amounts receivable: +€189,148
- Tax, wage and social debts -€59,588
down €59,588 (-26.5%), from €224,820 to €165,232
of which Taxes: -€79,263
- Gross operating margin +€129,210
up €129,210 (+16.9%), from €762,404 to €891,613
- Staff costs +€121,492
up €121,492 (+20.1%), from €605,005 to €726,496
- Depreciation -€20,706
down €20,706 (-9.5%), from €218,526 to €197,820
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 | €5,059,960 | €5,036,624 | -€23,336 | -0.5% |
| Fixed assets | 21/28 | €3,044,515 | €2,848,974 | -€195,541 | -6.4% |
| Tangible fixed assets | 22/27 | €3,044,515 | €2,848,974 | -€195,541 | -6.4% |
| Land and buildings | 22 | €3,044,515 | €2,847,115 | -€197,400 | -6.5% |
| Furniture and vehicles | 24 | - | €1,859 | +€1,859 | |
| Current assets | 29/58 | €2,015,445 | €2,187,650 | +€172,206 | +8.5% |
| Amounts receivable within one year | 40/41 | €2,014,368 | €2,181,650 | +€167,282 | +8.3% |
| Trade receivables | 40 | €177,974 | €156,109 | -€21,866 | -12.3% |
| Other amounts receivable | 41 | €1,836,393 | €2,025,542 | +€189,148 | +10.3% |
| Deferred charges and accrued income | 490/1 | €1,077 | €6,000 | +€4,923 | +457% |
| Total equity and liabilities | 10/49 | €5,059,960 | €5,036,624 | -€23,336 | -0.5% |
| Equity | 10/15 | €4,765,671 | €4,731,662 | -€34,009 | -0.7% |
| Contributions | 10/11 | €4,791,000 | €4,791,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€25,329 | -€59,338 | -€34,009 | -134% |
| Amounts payable | 17/49 | €294,289 | €304,962 | +€10,673 | +3.6% |
| Amounts payable within one year | 42/48 | €293,687 | €300,091 | +€6,404 | +2.2% |
| Financial debts | 43 | - | €47,891 | +€47,891 | |
| Credit institutions | 430/8 | - | €47,891 | +€47,891 | |
| Trade debts | 44 | €68,867 | €86,968 | +€18,101 | +26.3% |
| Suppliers | 440/4 | €68,867 | €86,968 | +€18,101 | +26.3% |
| Taxes, remuneration and social security | 45 | €224,820 | €165,232 | -€59,588 | -26.5% |
| Taxes | 450/3 | €118,185 | €38,922 | -€79,263 | -67.1% |
| Remuneration and social security | 454/9 | €106,636 | €126,311 | +€19,675 | +18.5% |
| Accrued charges and deferred income | 492/3 | €602 | €4,871 | +€4,269 | +709% |
| Remuneration, social security and pensions | 62 | €605,005 | €726,496 | +€121,492 | +20.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €218,526 | €197,820 | -€20,706 | -9.5% |
| Other operating charges | 640/8 | €23,595 | €27,470 | +€3,875 | +16.4% |
| Gross operating margin | 9900 | €762,404 | €891,613 | +€129,210 | +16.9% |
| Operating profit (loss) | 9901 | -€84,722 | -€60,172 | +€24,549 | +29.0% |
| Financial income | 75/76B | €33,615 | €28,889 | -€4,726 | -14.1% |
| Recurring financial income | 75 | €33,615 | €28,889 | -€4,726 | -14.1% |
| Financial charges | 65/66B | €749 | €1,909 | +€1,160 | +155% |
| Recurring financial charges | 65 | €749 | €1,909 | +€1,160 | +155% |
| Profit (loss) for the period before taxes | 9903 | -€51,856 | -€33,192 | +€18,664 | +36.0% |
| Income taxes | 67/77 | €2,305 | €817 | -€1,488 | -64.6% |
| Profit (loss) for the period | 9904 | -€54,161 | -€34,009 | +€20,152 | +37.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€54,161 | -€34,009 | +€20,152 | +37.2% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.