WEWATCH SECURITY: 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.
WEWATCH SECURITY
Largest movements
- Receivables within one year +€25,753
up €25,753 (+21.4%), from €120,097 to €145,849
of which Trade receivables: +€35,563
- Cash -€20,072
down €20,072 (-95.5%), from €21,017 to €945
mainly Receivables within one year (-€25,753) and Tax, wage and social debts (-€14,545)
- Tangible fixed assets -€3,502
down €3,502 (-33.2%), from €10,545 to €7,043
- Intangible fixed assets -€1,644
down €1,644 (-26.1%), from €6,304 to €4,659
- Profit (loss) carried forward +€16,917
up €16,917 (+30.5%), from €55,453 to €72,370
- Tax, wage and social debts -€14,545
down €14,545 (-24.4%), from €59,622 to €45,077
of which Remuneration and social security: -€19,986
- Trade debts -€7,928
down €7,928 (-52.2%), from €15,182 to €7,254
- Short-term financial debts +€5,276
new in 2025: €5,276
- Staff costs -€106,707
down €106,707 (-36.0%), from €296,794 to €190,086
- Gross operating margin -€82,943
down €82,943 (-26.2%), from €316,008 to €233,065
- Taxes +€5,385
up €5,385 (+215.7%), from €2,497 to €7,882
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 | €158,381 | €158,915 | +€534 | +0.3% |
| Fixed assets | 21/28 | €17,267 | €12,121 | -€5,146 | -29.8% |
| Intangible fixed assets | 21 | €6,304 | €4,659 | -€1,644 | -26.1% |
| Tangible fixed assets | 22/27 | €10,545 | €7,043 | -€3,502 | -33.2% |
| Furniture and vehicles | 24 | €10,545 | €7,043 | -€3,502 | -33.2% |
| Financial fixed assets | 28 | €419 | €419 | = | 0.0% |
| Current assets | 29/58 | €141,114 | €146,794 | +€5,681 | +4.0% |
| Amounts receivable within one year | 40/41 | €120,097 | €145,849 | +€25,753 | +21.4% |
| Trade receivables | 40 | €79,745 | €115,308 | +€35,563 | +44.6% |
| Other amounts receivable | 41 | €40,352 | €30,542 | -€9,810 | -24.3% |
| Cash at bank and in hand | 54/58 | €21,017 | €945 | -€20,072 | -95.5% |
| Total equity and liabilities | 10/49 | €158,381 | €158,915 | +€534 | +0.3% |
| Equity | 10/15 | €74,053 | €90,970 | +€16,917 | +22.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €55,453 | €72,370 | +€16,917 | +30.5% |
| Amounts payable | 17/49 | €84,328 | €67,945 | -€16,382 | -19.4% |
| Amounts payable within one year | 42/48 | €84,328 | €67,945 | -€16,382 | -19.4% |
| Current portion of amounts payable after more than one year | 42 | €9,523 | €10,338 | +€815 | +8.6% |
| Financial debts | 43 | - | €5,276 | +€5,276 | |
| Credit institutions | 430/8 | - | €5,276 | +€5,276 | |
| Trade debts | 44 | €15,182 | €7,254 | -€7,928 | -52.2% |
| Suppliers | 440/4 | €15,182 | €7,254 | -€7,928 | -52.2% |
| Taxes, remuneration and social security | 45 | €59,622 | €45,077 | -€14,545 | -24.4% |
| Taxes | 450/3 | €38,906 | €44,347 | +€5,441 | +14.0% |
| Remuneration and social security | 454/9 | €20,716 | €730 | -€19,986 | -96.5% |
| Remuneration, social security and pensions | 62 | €296,794 | €190,086 | -€106,707 | -36.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,994 | €5,146 | +€153 | +3.1% |
| Other operating charges | 640/8 | €6,526 | €3,533 | -€2,993 | -45.9% |
| Gross operating margin | 9900 | €316,008 | €233,065 | -€82,943 | -26.2% |
| Operating profit (loss) | 9901 | €7,695 | €34,300 | +€26,605 | +345.8% |
| Financial income | 75/76B | €7 | €146 | +€139 | +2068.7% |
| Recurring financial income | 75 | €7 | €146 | +€139 | +2068.7% |
| Financial charges | 65/66B | €6,855 | €9,646 | +€2,792 | +40.7% |
| Recurring financial charges | 65 | €6,855 | €9,646 | +€2,792 | +40.7% |
| Profit (loss) for the period before taxes | 9903 | €846 | €24,799 | +€23,952 | +2829.7% |
| Income taxes | 67/77 | €2,497 | €7,882 | +€5,385 | +215.7% |
| Profit (loss) for the period | 9904 | -€1,650 | €16,917 | +€18,567 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,650 | €16,917 | +€18,567 |
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 11 October 2026 via checked.be.