WT PRACTICE: what changed
Two fiscal 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 PRACTICE
Largest movements
- Cash -€13,738
down €13,738 (-41.0%), from €33,524 to €19,786
mainly Tax, wage and social debts (-€16,326) and Contributions, distributions and other (-€14,342)
- Tangible fixed assets +€7,578
up €7,578 (+98.3%), from €7,707 to €15,286
of which Land and buildings: +€7,831
- Receivables within one year +€2,041
up €2,041 (+3.5%), from €58,619 to €60,659
of which Other amounts receivable: +€1,210
- Deferred charges and accrued income +€1,143
up €1,143 (+131.0%), from €872 to €2,015
- Tax, wage and social debts -€16,326
down €16,326 (-67.3%), from €24,272 to €7,947
of which Taxes: -€11,603
- Reserves +€15,170
up €15,170 (+24.5%), from €61,815 to €76,985
- Debts after one year -€5,207
down €5,207 (-100.0%), from €5,207 to €0
- Current portion of long-term debt +€1,980
up €1,980 (+39.6%), from €4,997 to €6,977
- Trade debts +€1,493
up €1,493 (+44.6%), from €3,344 to €4,837
- Gross operating margin +€15,715
up €15,715 (+50.3%), from €31,251 to €46,966
- Taxes +€3,682
up €3,682 (+34.9%), from €10,555 to €14,238
- Financial charges +€1,162
up €1,162 (+98.6%), from €1,178 to €2,340
- Financial income -€966
down €966 (-39.9%), from €2,423 to €1,456
- Depreciation -€585
down €585 (-30.2%), from €1,940 to €1,355
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 | €100,723 | €97,746 | -€2,976 | -3.0% |
| Fixed assets | 21/28 | €7,707 | €15,286 | +€7,578 | +98.3% |
| Tangible fixed assets | 22/27 | €7,707 | €15,286 | +€7,578 | +98.3% |
| Land and buildings | 22 | €7,455 | €15,286 | +€7,831 | +105.0% |
| Furniture and vehicles | 24 | €252 | €0 | -€252 | -100.0% |
| Current assets | 29/58 | €93,015 | €82,461 | -€10,555 | -11.3% |
| Amounts receivable within one year | 40/41 | €58,619 | €60,659 | +€2,041 | +3.5% |
| Trade receivables | 40 | €11,495 | €12,326 | +€831 | +7.2% |
| Other amounts receivable | 41 | €47,124 | €48,333 | +€1,210 | +2.6% |
| Cash at bank and in hand | 54/58 | €33,524 | €19,786 | -€13,738 | -41.0% |
| Deferred charges and accrued income | 490/1 | €872 | €2,015 | +€1,143 | +131.0% |
| Total equity and liabilities | 10/49 | €100,723 | €97,746 | -€2,976 | -3.0% |
| Equity | 10/15 | €62,815 | €77,985 | +€15,170 | +24.1% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €61,815 | €76,985 | +€15,170 | +24.5% |
| Distributable reserves | 133 | €61,815 | €76,985 | +€15,170 | +24.5% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €37,907 | €19,761 | -€18,146 | -47.9% |
| Amounts payable after more than one year | 17 | €5,207 | €0 | -€5,207 | -100.0% |
| Financial debts | 170/4 | €5,207 | €0 | -€5,207 | -100.0% |
| Amounts payable within one year | 42/48 | €32,614 | €19,761 | -€12,853 | -39.4% |
| Current portion of amounts payable after more than one year | 42 | €4,997 | €6,977 | +€1,980 | +39.6% |
| Trade debts | 44 | €3,344 | €4,837 | +€1,493 | +44.6% |
| Suppliers | 440/4 | €3,344 | €4,837 | +€1,493 | +44.6% |
| Taxes, remuneration and social security | 45 | €24,272 | €7,947 | -€16,326 | -67.3% |
| Taxes | 450/3 | €19,549 | €7,947 | -€11,603 | -59.4% |
| Remuneration and social security | 454/9 | €4,723 | €0 | -€4,723 | -100.0% |
| Accrued charges and deferred income | 492/3 | €87 | - | -€87 | |
| Non-recurring operating income | 76A | - | €70 | +€70 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,940 | €1,355 | -€585 | -30.2% |
| Other operating charges | 640/8 | €412 | €978 | +€566 | +137.6% |
| Gross operating margin | 9900 | €31,251 | €46,966 | +€15,715 | +50.3% |
| Operating profit (loss) | 9901 | €28,899 | €44,633 | +€15,734 | +54.4% |
| Financial income | 75/76B | €2,423 | €1,456 | -€966 | -39.9% |
| Recurring financial income | 75 | €2,423 | €1,456 | -€966 | -39.9% |
| Financial charges | 65/66B | €1,178 | €2,340 | +€1,162 | +98.6% |
| Recurring financial charges | 65 | €1,178 | €2,340 | +€1,162 | +98.6% |
| Profit (loss) for the period before taxes | 9903 | €30,144 | €43,749 | +€13,605 | +45.1% |
| Income taxes | 67/77 | €10,555 | €14,238 | +€3,682 | +34.9% |
| Profit (loss) for the period | 9904 | €19,589 | €29,512 | +€9,923 | +50.7% |
| Profit (loss) for the period to be appropriated | 9905 | €19,589 | €29,512 | +€9,923 | +50.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.