Wetstrans: what changed
Two fiscal 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.
Wetstrans
Largest movements
- Tangible fixed assets +€5,256
up €5,256 (+45.1%), from €11,645 to €16,901
of which Plant, machinery and equipment: +€6,804
- Deferred charges and accrued income +€1,193
up €1,193 (+46.7%), from €2,557 to €3,750
- Receivables within one year -€1,064
down €1,064 (-5.2%), from €20,639 to €19,575
- Other debts +€30,622
up €30,622 (+268.2%), from €11,417 to €42,039
- Trade debts -€19,261
down €19,261 (-96.7%), from €19,914 to €653
- Profit (loss) carried forward +€10,095
up €10,095 (+12.9%), from -€78,219 to -€68,124
- Current portion of long-term debt -€8,724
no longer reported in 2024 (was €8,724)
- Debts after one year -€7,880
no longer reported in 2024 (was €7,880)
- Gross operating margin +€7,235
up €7,235 (+36.6%), from €19,775 to €27,010
- Taxes +€4,857
up €4,857 (+634.5%), from €766 to €5,623
- Financial charges -€2,057
down €2,057 (-33.5%), from €6,144 to €4,087
- Other operating charges -€1,777
down €1,777 (-36.9%), from €4,812 to €3,035
- Depreciation +€501
up €501 (+13.7%), from €3,669 to €4,170
From the 2023 result to the 2024 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
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 | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €34,840 | €40,226 | +€5,386 | +15.5% |
| Fixed assets | 21/28 | €11,645 | €16,901 | +€5,256 | +45.1% |
| Tangible fixed assets | 22/27 | €11,645 | €16,901 | +€5,256 | +45.1% |
| Plant, machinery and equipment | 23 | €283 | €7,087 | +€6,804 | +2403.6% |
| Furniture and vehicles | 24 | €4,414 | €2,370 | -€2,045 | -46.3% |
| Other tangible fixed assets | 26 | €6,948 | €7,444 | +€497 | +7.2% |
| Current assets | 29/58 | €23,196 | €23,325 | +€130 | +0.6% |
| Amounts receivable within one year | 40/41 | €20,639 | €19,575 | -€1,064 | -5.2% |
| Trade receivables | 40 | €20,639 | €19,575 | -€1,064 | -5.2% |
| Deferred charges and accrued income | 490/1 | €2,557 | €3,750 | +€1,193 | +46.7% |
| Total equity and liabilities | 10/49 | €34,840 | €40,226 | +€5,386 | +15.5% |
| Equity | 10/15 | -€48,219 | -€38,124 | +€10,095 | +20.9% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€78,219 | -€68,124 | +€10,095 | +12.9% |
| Amounts payable | 17/49 | €83,060 | €78,350 | -€4,709 | -5.7% |
| Amounts payable after more than one year | 17 | €7,880 | - | -€7,880 | |
| Financial debts | 170/4 | €7,880 | - | -€7,880 | |
| Amounts payable within one year | 42/48 | €75,180 | €78,350 | +€3,171 | +4.2% |
| Current portion of amounts payable after more than one year | 42 | €8,724 | - | -€8,724 | |
| Financial debts | 43 | €30,525 | €25,183 | -€5,341 | -17.5% |
| Credit institutions | 430/8 | €30,525 | €25,183 | -€5,341 | -17.5% |
| Trade debts | 44 | €19,914 | €653 | -€19,261 | -96.7% |
| Suppliers | 440/4 | €19,914 | €653 | -€19,261 | -96.7% |
| Taxes, remuneration and social security | 45 | €4,601 | €10,475 | +€5,875 | +127.7% |
| Taxes | 450/3 | €4,601 | €10,475 | +€5,875 | +127.7% |
| Other amounts payable | 47/48 | €11,417 | €42,039 | +€30,622 | +268.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,669 | €4,170 | +€501 | +13.7% |
| Other operating charges | 640/8 | €4,812 | €3,035 | -€1,777 | -36.9% |
| Gross operating margin | 9900 | €19,775 | €27,010 | +€7,235 | +36.6% |
| Operating profit (loss) | 9901 | €11,294 | €19,805 | +€8,510 | +75.4% |
| Financial charges | 65/66B | €6,144 | €4,087 | -€2,057 | -33.5% |
| Recurring financial charges | 65 | €6,144 | €4,087 | -€2,057 | -33.5% |
| Profit (loss) for the period before taxes | 9903 | €5,151 | €15,718 | +€10,567 | +205.2% |
| Income taxes | 67/77 | €766 | €5,623 | +€4,857 | +634.5% |
| Profit (loss) for the period | 9904 | €4,385 | €10,095 | +€5,710 | +130.2% |
| Profit (loss) for the period to be appropriated | 9905 | €4,385 | €10,095 | +€5,710 | +130.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.