WT-SERVICES: 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-SERVICES
Largest movements
- Tangible fixed assets +€15,321
up €15,321 (+7.8%), from €197,275 to €212,596
of which Land and buildings: +€16,560
- Cash -€3,506
down €3,506 (-29.7%), from €11,820 to €8,315
mainly Investment in fixed assets (net) (-€21,871) and Debts after one year (-€14,591)
- Reserves +€19,549
up €19,549 (+16.0%), from €121,833 to €141,382
- Debts after one year -€14,591
down €14,591 (-14.7%), from €99,282 to €84,691
- Short-term financial debts +€5,195
new in 2025: €5,195
- Tax, wage and social debts -€4,619
down €4,619 (-22.9%), from €20,189 to €15,570
- Other debts +€4,564
up €4,564 (+18.9%), from €24,130 to €28,695
- Gross operating margin -€16,535
down €16,535 (-29.0%), from €57,000 to €40,465
- Taxes -€4,170
down €4,170 (-31.2%), from €13,375 to €9,205
- Depreciation +€1,683
up €1,683 (+34.6%), from €4,867 to €6,551
- Financial income +€1,209
up €1,209 (+280.6%), from €431 to €1,639
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 | €294,865 | €306,472 | +€11,607 | +3.9% |
| Fixed assets | 21/28 | €197,275 | €212,596 | +€15,321 | +7.8% |
| Tangible fixed assets | 22/27 | €197,275 | €212,596 | +€15,321 | +7.8% |
| Land and buildings | 22 | €194,512 | €211,072 | +€16,560 | +8.5% |
| Plant, machinery and equipment | 23 | €2,204 | €1,524 | -€680 | -30.9% |
| Furniture and vehicles | 24 | €559 | €0 | -€559 | -100.0% |
| Current assets | 29/58 | €97,589 | €93,875 | -€3,714 | -3.8% |
| Stocks and contracts in progress | 3 | €1,377 | €1,377 | = | 0.0% |
| Stocks | 30/36 | €1,377 | €1,377 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €80,001 | €79,751 | -€250 | -0.3% |
| Trade receivables | 40 | €33,520 | €29,851 | -€3,669 | -10.9% |
| Other amounts receivable | 41 | €46,482 | €49,900 | +€3,419 | +7.4% |
| Current investments | 50/53 | €3,385 | €3,375 | -€10 | -0.3% |
| Cash at bank and in hand | 54/58 | €11,820 | €8,315 | -€3,506 | -29.7% |
| Deferred charges and accrued income | 490/1 | €1,006 | €1,058 | +€52 | +5.2% |
| Total equity and liabilities | 10/49 | €294,865 | €306,472 | +€11,607 | +3.9% |
| Equity | 10/15 | €134,333 | €153,882 | +€19,549 | +14.6% |
| Contributions | 10/11 | €12,500 | €12,500 | = | 0.0% |
| Reserves | 13 | €121,833 | €141,382 | +€19,549 | +16.0% |
| Distributable reserves | 133 | €121,833 | €141,382 | +€19,549 | +16.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €160,532 | €152,590 | -€7,942 | -4.9% |
| Amounts payable after more than one year | 17 | €99,282 | €84,691 | -€14,591 | -14.7% |
| Financial debts | 170/4 | €99,282 | €84,691 | -€14,591 | -14.7% |
| Amounts payable within one year | 42/48 | €61,016 | €65,818 | +€4,803 | +7.9% |
| Current portion of amounts payable after more than one year | 42 | €14,353 | €15,796 | +€1,443 | +10.1% |
| Financial debts | 43 | - | €5,195 | +€5,195 | |
| Credit institutions | 430/8 | - | €5,195 | +€5,195 | |
| Trade debts | 44 | €2,344 | €563 | -€1,781 | -76.0% |
| Suppliers | 440/4 | €2,344 | €563 | -€1,781 | -76.0% |
| Taxes, remuneration and social security | 45 | €20,189 | €15,570 | -€4,619 | -22.9% |
| Taxes | 450/3 | €20,189 | €15,570 | -€4,619 | -22.9% |
| Other amounts payable | 47/48 | €24,130 | €28,695 | +€4,564 | +18.9% |
| Accrued charges and deferred income | 492/3 | €234 | €2,080 | +€1,846 | +789.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,867 | €6,551 | +€1,683 | +34.6% |
| Other operating charges | 640/8 | €1,724 | €1,410 | -€314 | -18.2% |
| Gross operating margin | 9900 | €57,000 | €40,465 | -€16,535 | -29.0% |
| Operating profit (loss) | 9901 | €50,408 | €32,504 | -€17,904 | -35.5% |
| Financial income | 75/76B | €431 | €1,639 | +€1,209 | +280.6% |
| Recurring financial income | 75 | €431 | €1,639 | +€1,209 | +280.6% |
| Financial charges | 65/66B | €4,833 | €4,556 | -€277 | -5.7% |
| Recurring financial charges | 65 | €4,833 | €4,556 | -€277 | -5.7% |
| Profit (loss) for the period before taxes | 9903 | €46,006 | €29,587 | -€16,419 | -35.7% |
| Income taxes | 67/77 | €13,375 | €9,205 | -€4,170 | -31.2% |
| Profit (loss) for the period | 9904 | €32,630 | €20,382 | -€12,248 | -37.5% |
| Profit (loss) for the period to be appropriated | 9905 | €32,630 | €20,382 | -€12,248 | -37.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.