WS EVENTS: 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 EVENTS
Largest movements
- Receivables within one year +€10,866
up €10,866 (+56.3%), from €19,316 to €30,182
of which Trade receivables: +€10,766
- Cash -€6,154
down €6,154 (-46.3%), from €13,283 to €7,129
mainly Other debts (-€92,563) and Net result for the year (-€51,141)
- Tangible fixed assets -€3,322
down €3,322 (-5.1%), from €65,094 to €61,772
- Intangible fixed assets +€2,406
new in 2025: €2,406
- Debts after one year +€130,000
new in 2025: €130,000
- Other debts -€92,563
down €92,563 (-72.3%), from €128,111 to €35,548
- Profit (loss) carried forward -€51,141
down €51,141 (-64.5%), from -€79,279 to -€130,421
- Trade debts +€15,423
up €15,423 (+39.7%), from €38,892 to €54,315
- Tax, wage and social debts +€1,319
up €1,319 (+29.1%), from €4,527 to €5,846
- Gross operating margin -€14,011
down €14,011 (-79.0%), from -€17,740 to -€31,752
- Financial income +€7,506
up €7,506 (+3,002,596%), from €0 to €7,507
of which Non-recurring financial income: +€7,503
- Other operating charges +€3,002
up €3,002 (+3,867%), from €78 to €3,080
- Depreciation +€2,182
up €2,182 (+14.2%), from €15,348 to €17,530
- Financial charges -€1,816
down €1,816 (-22.9%), from €7,919 to €6,103
of which Non-recurring financial charges: -€2,072
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 | €98,451 | €101,489 | +€3,038 | +3.1% |
| Fixed assets | 21/28 | €65,094 | €64,178 | -€916 | -1.4% |
| Intangible fixed assets | 21 | - | €2,406 | +€2,406 | |
| Tangible fixed assets | 22/27 | €65,094 | €61,772 | -€3,322 | -5.1% |
| Furniture and vehicles | 24 | €65,094 | €61,772 | -€3,322 | -5.1% |
| Current assets | 29/58 | €33,357 | €37,311 | +€3,954 | +11.9% |
| Amounts receivable within one year | 40/41 | €19,316 | €30,182 | +€10,866 | +56.3% |
| Trade receivables | 40 | €19,316 | €30,081 | +€10,766 | +55.7% |
| Other amounts receivable | 41 | - | €100 | +€100 | |
| Cash at bank and in hand | 54/58 | €13,283 | €7,129 | -€6,154 | -46.3% |
| Deferred charges and accrued income | 490/1 | €758 | - | -€758 | |
| Total equity and liabilities | 10/49 | €98,451 | €101,489 | +€3,038 | +3.1% |
| Equity | 10/15 | -€73,079 | -€124,221 | -€51,141 | -70.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€79,279 | -€130,421 | -€51,141 | -64.5% |
| Amounts payable | 17/49 | €171,531 | €225,710 | +€54,179 | +31.6% |
| Amounts payable after more than one year | 17 | - | €130,000 | +€130,000 | |
| Financial debts | 170/4 | - | €130,000 | +€130,000 | |
| Amounts payable within one year | 42/48 | €171,531 | €95,710 | -€75,821 | -44.2% |
| Trade debts | 44 | €38,892 | €54,315 | +€15,423 | +39.7% |
| Suppliers | 440/4 | €38,892 | €54,315 | +€15,423 | +39.7% |
| Taxes, remuneration and social security | 45 | €4,527 | €5,846 | +€1,319 | +29.1% |
| Taxes | 450/3 | €4,527 | €5,846 | +€1,319 | +29.1% |
| Other amounts payable | 47/48 | €128,111 | €35,548 | -€92,563 | -72.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,348 | €17,530 | +€2,182 | +14.2% |
| Other operating charges | 640/8 | €78 | €3,080 | +€3,002 | +3,867% |
| Gross operating margin | 9900 | -€17,740 | -€31,752 | -€14,011 | -79.0% |
| Operating profit (loss) | 9901 | -€33,166 | -€52,361 | -€19,195 | -57.9% |
| Financial income | 75/76B | €0 | €7,507 | +€7,506 | +3,002,596% |
| Recurring financial income | 75 | €0 | €4 | +€3 | +1,332% |
| Non-recurring financial income | 76B | - | €7,503 | +€7,503 | |
| Financial charges | 65/66B | €7,919 | €6,103 | -€1,816 | -22.9% |
| Recurring financial charges | 65 | €1,100 | €1,356 | +€256 | +23.3% |
| Non-recurring financial charges | 66B | €6,818 | €4,747 | -€2,072 | -30.4% |
| Profit (loss) for the period before taxes | 9903 | -€41,084 | -€50,957 | -€9,873 | -24.0% |
| Income taxes | 67/77 | €227 | €184 | -€43 | -18.9% |
| Profit (loss) for the period | 9904 | -€41,311 | -€51,141 | -€9,830 | -23.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€41,311 | -€51,141 | -€9,830 | -23.8% |
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 13 October 2026 via checked.be.