WS Accountancy: 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.
WS Accountancy
Largest movements
- Cash +€48,208
up €48,208 (+33.0%), from €146,165 to €194,373
mainly Net result for the year (+€28,369) and Trade debts (+€19,745)
- Tangible fixed assets -€15,776
down €15,776 (-40.8%), from €38,639 to €22,862
of which Leasing and similar rights: -€15,483
- Reserves +€23,369
up €23,369 (+14.3%), from €163,939 to €187,308
of which Distributable reserves: +€23,369
- Debts after one year -€22,695
down €22,695 (-25.7%), from €88,210 to €65,514
- Trade debts +€19,745
up €19,745 (+103%), from €19,165 to €38,910
- Other debts +€9,174
up €9,174 (+12.8%), from €71,902 to €81,077
- Gross operating margin -€28,352
down €28,352 (-20.5%), from €138,108 to €109,756
- Taxes -€9,929
down €9,929 (-43.4%), from €22,889 to €12,960
- Staff costs +€2,162
up €2,162 (+4.8%), from €44,802 to €46,963
- Financial charges -€2,044
down €2,044 (-45.4%), from €4,503 to €2,459
- Other operating charges -€1,974
down €1,974 (-70.6%), from €2,797 to €823
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 | €408,149 | €440,805 | +€32,656 | +8.0% |
| Fixed assets | 21/28 | €42,614 | €26,837 | -€15,776 | -37.0% |
| Tangible fixed assets | 22/27 | €38,639 | €22,862 | -€15,776 | -40.8% |
| Plant, machinery and equipment | 23 | €3,111 | €3,983 | +€872 | +28.0% |
| Furniture and vehicles | 24 | €2,727 | €1,561 | -€1,166 | -42.8% |
| Leasing and similar rights | 25 | €32,800 | €17,318 | -€15,483 | -47.2% |
| Financial fixed assets | 28 | €3,975 | €3,975 | = | 0.0% |
| Current assets | 29/58 | €365,536 | €413,968 | +€48,433 | +13.2% |
| Amounts receivable within one year | 40/41 | €218,814 | €217,427 | -€1,387 | -0.6% |
| Trade receivables | 40 | €108,528 | €118,045 | +€9,516 | +8.8% |
| Other amounts receivable | 41 | €110,286 | €99,383 | -€10,903 | -9.9% |
| Cash at bank and in hand | 54/58 | €146,165 | €194,373 | +€48,208 | +33.0% |
| Deferred charges and accrued income | 490/1 | €557 | €2,168 | +€1,611 | +289% |
| Total equity and liabilities | 10/49 | €408,149 | €440,805 | +€32,656 | +8.0% |
| Equity | 10/15 | €182,599 | €205,968 | +€23,369 | +12.8% |
| Contributions | 10/11 | €18,660 | €18,660 | = | 0.0% |
| Reserves | 13 | €163,939 | €187,308 | +€23,369 | +14.3% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €162,079 | €185,448 | +€23,369 | +14.4% |
| Amounts payable | 17/49 | €225,550 | €234,837 | +€9,287 | +4.1% |
| Amounts payable after more than one year | 17 | €88,210 | €65,514 | -€22,695 | -25.7% |
| Financial debts | 170/4 | €88,210 | €65,514 | -€22,695 | -25.7% |
| Amounts payable within one year | 42/48 | €137,341 | €169,323 | +€31,982 | +23.3% |
| Current portion of amounts payable after more than one year | 42 | €22,249 | €22,695 | +€446 | +2.0% |
| Trade debts | 44 | €19,165 | €38,910 | +€19,745 | +103% |
| Suppliers | 440/4 | €19,165 | €38,910 | +€19,745 | +103% |
| Taxes, remuneration and social security | 45 | €24,024 | €26,641 | +€2,617 | +10.9% |
| Taxes | 450/3 | €14,479 | €18,839 | +€4,360 | +30.1% |
| Remuneration and social security | 454/9 | €9,545 | €7,802 | -€1,743 | -18.3% |
| Other amounts payable | 47/48 | €71,902 | €81,077 | +€9,174 | +12.8% |
| Remuneration, social security and pensions | 62 | €44,802 | €46,963 | +€2,162 | +4.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,301 | €19,269 | -€32 | -0.2% |
| Other operating charges | 640/8 | €2,797 | €823 | -€1,974 | -70.6% |
| Gross operating margin | 9900 | €138,108 | €109,756 | -€28,352 | -20.5% |
| Operating profit (loss) | 9901 | €71,209 | €42,700 | -€28,508 | -40.0% |
| Financial income | 75/76B | €351 | €1,088 | +€737 | +210% |
| Recurring financial income | 75 | €351 | €1,088 | +€737 | +210% |
| Financial charges | 65/66B | €4,503 | €2,459 | -€2,044 | -45.4% |
| Recurring financial charges | 65 | €4,503 | €2,459 | -€2,044 | -45.4% |
| Profit (loss) for the period before taxes | 9903 | €67,057 | €41,329 | -€25,728 | -38.4% |
| Income taxes | 67/77 | €22,889 | €12,960 | -€9,929 | -43.4% |
| Profit (loss) for the period | 9904 | €44,168 | €28,369 | -€15,798 | -35.8% |
| Profit (loss) for the period to be appropriated | 9905 | €44,168 | €28,369 | -€15,798 | -35.8% |
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 20 October 2026 via checked.be.