WESTYN: 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.
WESTYN
Largest movements
- Tangible fixed assets -€13,481
down €13,481 (-38.2%), from €35,252 to €21,771
of which Plant, machinery and equipment: -€7,099
- Cash +€1,364
up €1,364 (+145.5%), from €937 to €2,302
mainly Depreciation (+€13,625) and Tax, wage and social debts (+€1,212)
- Receivables within one year -€1,111
down €1,111 (-12.0%), from €9,277 to €8,166
of which Trade receivables: -€820
- Debts after one year -€10,260
down €10,260 (-88.6%), from €11,580 to €1,319
- Profit (loss) carried forward -€3,737
down €3,737 (-93.0%), from €4,019 to €282
- Tax, wage and social debts +€1,212
up €1,212 (+683.2%), from €177 to €1,389
- Depreciation +€1,017
up €1,017 (+8.1%), from €12,608 to €13,625
- Gross operating margin -€937
down €937 (-7.4%), from €12,683 to €11,746
- Financial income -€392
no longer reported in 2025 (was €392)
- Financial charges -€389
down €389 (-26.2%), from €1,485 to €1,096
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 | €46,054 | €32,844 | -€13,210 | -28.7% |
| Fixed assets | 21/28 | €35,840 | €22,125 | -€13,715 | -38.3% |
| Intangible fixed assets | 21 | €288 | €144 | -€144 | -50.0% |
| Tangible fixed assets | 22/27 | €35,252 | €21,771 | -€13,481 | -38.2% |
| Plant, machinery and equipment | 23 | €15,481 | €8,382 | -€7,099 | -45.9% |
| Furniture and vehicles | 24 | €19,771 | €13,389 | -€6,382 | -32.3% |
| Financial fixed assets | 28 | €300 | €210 | -€90 | -30.0% |
| Current assets | 29/58 | €10,214 | €10,719 | +€505 | +4.9% |
| Amounts receivable within one year | 40/41 | €9,277 | €8,166 | -€1,111 | -12.0% |
| Trade receivables | 40 | €8,986 | €8,166 | -€820 | -9.1% |
| Other amounts receivable | 41 | €291 | - | -€291 | |
| Cash at bank and in hand | 54/58 | €937 | €2,302 | +€1,364 | +145.5% |
| Deferred charges and accrued income | 490/1 | - | €252 | +€252 | |
| Total equity and liabilities | 10/49 | €46,054 | €32,844 | -€13,210 | -28.7% |
| Equity | 10/15 | €22,079 | €18,342 | -€3,737 | -16.9% |
| Contributions | 10/11 | €8,060 | €8,060 | = | 0.0% |
| Reserves | 13 | €10,000 | €10,000 | = | 0.0% |
| Distributable reserves | 133 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,019 | €282 | -€3,737 | -93.0% |
| Amounts payable | 17/49 | €23,975 | €14,502 | -€9,473 | -39.5% |
| Amounts payable after more than one year | 17 | €11,580 | €1,319 | -€10,260 | -88.6% |
| Financial debts | 170/4 | €11,580 | €1,319 | -€10,260 | -88.6% |
| Amounts payable within one year | 42/48 | €11,917 | €12,602 | +€684 | +5.7% |
| Current portion of amounts payable after more than one year | 42 | €10,450 | €10,260 | -€189 | -1.8% |
| Trade debts | 44 | €962 | €624 | -€338 | -35.1% |
| Suppliers | 440/4 | €962 | €624 | -€338 | -35.1% |
| Taxes, remuneration and social security | 45 | €177 | €1,389 | +€1,212 | +683.2% |
| Taxes | 450/3 | €177 | €1,389 | +€1,212 | +683.2% |
| Other amounts payable | 47/48 | €328 | €328 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €478 | €581 | +€103 | +21.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,608 | €13,625 | +€1,017 | +8.1% |
| Other operating charges | 640/8 | €625 | €582 | -€43 | -6.9% |
| Gross operating margin | 9900 | €12,683 | €11,746 | -€937 | -7.4% |
| Operating profit (loss) | 9901 | -€551 | -€2,461 | -€1,910 | -346.7% |
| Financial income | 75/76B | €392 | - | -€392 | |
| Recurring financial income | 75 | €392 | - | -€392 | |
| Financial charges | 65/66B | €1,485 | €1,096 | -€389 | -26.2% |
| Recurring financial charges | 65 | €1,485 | €1,096 | -€389 | -26.2% |
| Profit (loss) for the period before taxes | 9903 | -€1,644 | -€3,557 | -€1,914 | -116.4% |
| Income taxes | 67/77 | €177 | €180 | +€3 | +1.6% |
| Profit (loss) for the period | 9904 | -€1,821 | -€3,737 | -€1,916 | -105.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,821 | -€3,737 | -€1,916 | -105.2% |
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 10 October 2026 via checked.be.