WT Bezettingswerken: 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.
WT Bezettingswerken
Largest movements
- Receivables within one year +€95,040
up €95,040 (+74.5%), from €127,621 to €222,661
of which Trade receivables: +€95,438
- Tangible fixed assets -€52,611
down €52,611 (-17.2%), from €305,830 to €253,219
of which Furniture and vehicles: -€38,689
- Cash -€20,190
down €20,190 (-60.5%), from €33,351 to €13,161
mainly Receivables within one year (-€95,040) and Debts after one year (-€15,978)
- Stocks and contracts +€8,764
up €8,764 (+42.6%), from €20,584 to €29,348
- Reserves +€16,453
up €16,453 (+7.2%), from €229,105 to €245,559
- Debts after one year -€15,978
down €15,978 (-12.4%), from €129,371 to €113,394
- Other debts +€13,505
up €13,505 (+21.8%), from €61,812 to €75,317
- Trade debts +€9,066
up €9,066 (+54.2%), from €16,737 to €25,803
- Tax, wage and social debts +€7,667
up €7,667 (+47.7%), from €16,072 to €23,740
of which Taxes: +€9,592
- Gross operating margin +€19,376
up €19,376 (+17.4%), from €111,227 to €130,603
- Depreciation -€6,251
down €6,251 (-14.5%), from €43,085 to €36,834
- Taxes +€3,856
up €3,856 (+2,912%), from €132 to €3,988
- Other operating charges +€3,010
up €3,010 (+189%), from €1,595 to €4,605
- Staff costs +€2,544
up €2,544 (+4.3%), from €58,965 to €61,509
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 | €487,386 | €518,389 | +€31,003 | +6.4% |
| Fixed assets | 21/28 | €305,830 | €253,219 | -€52,611 | -17.2% |
| Tangible fixed assets | 22/27 | €305,830 | €253,219 | -€52,611 | -17.2% |
| Land and buildings | 22 | €216,561 | €206,962 | -€9,599 | -4.4% |
| Plant, machinery and equipment | 23 | €18,241 | €13,918 | -€4,323 | -23.7% |
| Furniture and vehicles | 24 | €71,028 | €32,339 | -€38,689 | -54.5% |
| Current assets | 29/58 | €181,556 | €265,170 | +€83,614 | +46.1% |
| Stocks and contracts in progress | 3 | €20,584 | €29,348 | +€8,764 | +42.6% |
| Stocks | 30/36 | €20,584 | €29,348 | +€8,764 | +42.6% |
| Amounts receivable within one year | 40/41 | €127,621 | €222,661 | +€95,040 | +74.5% |
| Trade receivables | 40 | €113,831 | €209,269 | +€95,438 | +83.8% |
| Other amounts receivable | 41 | €13,790 | €13,392 | -€398 | -2.9% |
| Cash at bank and in hand | 54/58 | €33,351 | €13,161 | -€20,190 | -60.5% |
| Total equity and liabilities | 10/49 | €487,386 | €518,389 | +€31,003 | +6.4% |
| Equity | 10/15 | €247,705 | €264,159 | +€16,453 | +6.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €229,105 | €245,559 | +€16,453 | +7.2% |
| Distributable reserves | 133 | €229,105 | €245,559 | +€16,453 | +7.2% |
| Amounts payable | 17/49 | €239,681 | €254,230 | +€14,550 | +6.1% |
| Amounts payable after more than one year | 17 | €129,371 | €113,394 | -€15,978 | -12.4% |
| Financial debts | 170/4 | €129,371 | €113,394 | -€15,978 | -12.4% |
| Amounts payable within one year | 42/48 | €110,309 | €140,837 | +€30,527 | +27.7% |
| Current portion of amounts payable after more than one year | 42 | €15,688 | €15,978 | +€289 | +1.8% |
| Trade debts | 44 | €16,737 | €25,803 | +€9,066 | +54.2% |
| Suppliers | 440/4 | €16,737 | €25,803 | +€9,066 | +54.2% |
| Taxes, remuneration and social security | 45 | €16,072 | €23,740 | +€7,667 | +47.7% |
| Taxes | 450/3 | €11,647 | €21,240 | +€9,592 | +82.4% |
| Remuneration and social security | 454/9 | €4,425 | €2,500 | -€1,925 | -43.5% |
| Other amounts payable | 47/48 | €61,812 | €75,317 | +€13,505 | +21.8% |
| Non-recurring operating income | 76A | €0 | €9,136 | +€9,136 | |
| Remuneration, social security and pensions | 62 | €58,965 | €61,509 | +€2,544 | +4.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €43,085 | €36,834 | -€6,251 | -14.5% |
| Other operating charges | 640/8 | €1,595 | €4,605 | +€3,010 | +189% |
| Gross operating margin | 9900 | €111,227 | €130,603 | +€19,376 | +17.4% |
| Operating profit (loss) | 9901 | €7,583 | €27,655 | +€20,073 | +265% |
| Financial income | 75/76B | €0 | €3 | +€3 | +30,000% |
| Recurring financial income | 75 | €0 | €3 | +€3 | +30,000% |
| Financial charges | 65/66B | €6,862 | €7,217 | +€355 | +5.2% |
| Recurring financial charges | 65 | €6,862 | €7,217 | +€355 | +5.2% |
| Profit (loss) for the period before taxes | 9903 | €721 | €20,442 | +€19,721 | +2,736% |
| Income taxes | 67/77 | €132 | €3,988 | +€3,856 | +2,912% |
| Profit (loss) for the period | 9904 | €588 | €16,453 | +€15,865 | +2,697% |
| Profit (loss) for the period to be appropriated | 9905 | €588 | €16,453 | +€15,865 | +2,697% |
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 19 October 2026 via checked.be.