WeWatt: 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.
WeWatt
Largest movements
- Receivables within one year +€119,141
up €119,141 (+155%), from €77,024 to €196,164
of which Other amounts receivable: +€66,421
- Stocks and contracts -€42,500
no longer reported in 2025 (was €42,500)
- Tangible fixed assets -€15,725
down €15,725 (-67.3%), from €23,359 to €7,633
of which Plant, machinery and equipment: -€9,936
- Cash +€8,205
up €8,205 (+6.8%), from €120,748 to €128,953
mainly Trade debts (+€60,164) and Stocks and contracts (+€42,500)
- Trade debts +€60,164
up €60,164 (+263%), from €22,897 to €83,060
- Tax, wage and social debts +€3,874
up €3,874 (+181%), from €2,146 to €6,021
of which Remuneration and social security: +€3,162
- Gross operating margin -€24,282
down €24,282 (-28.6%), from €84,782 to €60,500
- Staff costs +€18,667
up €18,667 (+98.0%), from €19,045 to €37,712
- Depreciation -€4,209
down €4,209 (-21.4%), from €19,696 to €15,487
- Other operating charges -€1,322
down €1,322 (-36.7%), from €3,603 to €2,281
- Financial income +€1,308
up €1,308 (+14,714%), from €9 to €1,317
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
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 | €271,574 | €339,958 | +€68,384 | +25.2% |
| Fixed assets | 21/28 | €26,904 | €11,178 | -€15,725 | -58.5% |
| Tangible fixed assets | 22/27 | €23,359 | €7,633 | -€15,725 | -67.3% |
| Plant, machinery and equipment | 23 | €17,569 | €7,633 | -€9,936 | -56.6% |
| Furniture and vehicles | 24 | €5,789 | - | -€5,789 | |
| Financial fixed assets | 28 | €3,545 | €3,545 | = | 0.0% |
| Current assets | 29/58 | €244,670 | €328,780 | +€84,109 | +34.4% |
| Stocks and contracts in progress | 3 | €42,500 | - | -€42,500 | |
| Stocks | 30/36 | €42,500 | - | -€42,500 | |
| Amounts receivable within one year | 40/41 | €77,024 | €196,164 | +€119,141 | +155% |
| Trade receivables | 40 | €69,009 | €121,729 | +€52,719 | +76.4% |
| Other amounts receivable | 41 | €8,014 | €74,436 | +€66,421 | +829% |
| Cash at bank and in hand | 54/58 | €120,748 | €128,953 | +€8,205 | +6.8% |
| Deferred charges and accrued income | 490/1 | €4,398 | €3,662 | -€736 | -16.7% |
| Total equity and liabilities | 10/49 | €271,574 | €339,958 | +€68,384 | +25.2% |
| Equity | 10/15 | €245,444 | €247,623 | +€2,179 | +0.9% |
| Contributions | 10/11 | €201,500 | €201,500 | = | 0.0% |
| Capital | 10 | €201,500 | €201,500 | = | 0.0% |
| Issued capital | 100 | €201,500 | €201,500 | = | 0.0% |
| Reserves | 13 | €43,944 | €46,123 | +€2,179 | +5.0% |
| Non-distributable reserves | 130/1 | €8,868 | €8,977 | +€109 | +1.2% |
| Legal reserve | 130 | €8,868 | €8,977 | +€109 | +1.2% |
| Distributable reserves | 133 | €35,075 | €37,146 | +€2,070 | +5.9% |
| Amounts payable | 17/49 | €26,130 | €92,335 | +€66,205 | +253% |
| Amounts payable within one year | 42/48 | €26,130 | €92,335 | +€66,205 | +253% |
| Trade debts | 44 | €22,897 | €83,060 | +€60,164 | +263% |
| Suppliers | 440/4 | €22,897 | €83,060 | +€60,164 | +263% |
| Taxes, remuneration and social security | 45 | €2,146 | €6,021 | +€3,874 | +181% |
| Taxes | 450/3 | €417 | €1,129 | +€712 | +171% |
| Remuneration and social security | 454/9 | €1,729 | €4,891 | +€3,162 | +183% |
| Other amounts payable | 47/48 | €1,087 | €3,254 | +€2,166 | +199% |
| Remuneration, social security and pensions | 62 | €19,045 | €37,712 | +€18,667 | +98.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,696 | €15,487 | -€4,209 | -21.4% |
| Other operating charges | 640/8 | €3,603 | €2,281 | -€1,322 | -36.7% |
| Non-recurring operating charges | 66A | - | €3,489 | +€3,489 | |
| Gross operating margin | 9900 | €84,782 | €60,500 | -€24,282 | -28.6% |
| Operating profit (loss) | 9901 | €42,437 | €1,530 | -€40,907 | -96.4% |
| Financial income | 75/76B | €9 | €1,317 | +€1,308 | +14,714% |
| Recurring financial income | 75 | €9 | €1,317 | +€1,308 | +14,714% |
| Financial charges | 65/66B | €319 | €334 | +€15 | +4.6% |
| Recurring financial charges | 65 | €319 | €334 | +€15 | +4.6% |
| Profit (loss) for the period before taxes | 9903 | €42,127 | €2,513 | -€39,613 | -94.0% |
| Income taxes | 67/77 | €514 | €334 | -€180 | -35.1% |
| Profit (loss) for the period | 9904 | €41,612 | €2,179 | -€39,433 | -94.8% |
| Profit (loss) for the period to be appropriated | 9905 | €41,612 | €2,179 | -€39,433 | -94.8% |
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 23 October 2026 via checked.be.