WTB: what changed
WTB
Largest movements
- Receivables within one year -€220,128
down €220,128 (-75.6%), from €291,101 to €70,973
of which Trade receivables: -€282,915
- Cash +€179,429
up €179,429 (+601%), from €29,869 to €209,299
mainly Trade debts (+€282,759) and Receivables within one year (+€220,128)
- Stocks and contracts +€117,031
up €117,031 (+201%), from €58,143 to €175,174
- Advances received -€299,890
no longer reported in 2024 (was €299,890)
- Trade debts +€282,759
up €282,759 (+2,096%), from €13,493 to €296,252
- Tax, wage and social debts +€80,287
up €80,287 (+283%), from €28,332 to €108,620
of which Taxes: +€77,377
- Profit (loss) carried forward +€7,065
up €7,065 (+21.2%), from €33,397 to €40,462
- Other debts +€6,944
new in 2024: €6,944
- Staff costs +€32,310
up €32,310 (+55.9%), from €57,798 to €90,108
- Taxes -€9,960
down €9,960 (-81.9%), from €12,157 to €2,197
- Other operating charges +€5,729
up €5,729 (+941%), from €609 to €6,337
- Gross operating margin +€1,849
up €1,849 (+1.8%), from €104,599 to €106,448
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €379,113 | €456,278 | +€77,165 | +20.4% |
| Current assets | 29/58 | €379,113 | €456,278 | +€77,165 | +20.4% |
| Stocks and contracts in progress | 3 | €58,143 | €175,174 | +€117,031 | +201% |
| Stocks | 30/36 | €58,143 | €175,174 | +€117,031 | +201% |
| Amounts receivable within one year | 40/41 | €291,101 | €70,973 | -€220,128 | -75.6% |
| Trade receivables | 40 | €282,915 | - | -€282,915 | |
| Other amounts receivable | 41 | €8,186 | €70,973 | +€62,787 | +767% |
| Cash at bank and in hand | 54/58 | €29,869 | €209,299 | +€179,429 | +601% |
| Deferred charges and accrued income | 490/1 | - | €832 | +€832 | |
| Total equity and liabilities | 10/49 | €379,113 | €456,278 | +€77,165 | +20.4% |
| Equity | 10/15 | €37,397 | €44,462 | +€7,065 | +18.9% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €33,397 | €40,462 | +€7,065 | +21.2% |
| Amounts payable | 17/49 | €341,715 | €411,815 | +€70,100 | +20.5% |
| Amounts payable within one year | 42/48 | €341,715 | €411,815 | +€70,100 | +20.5% |
| Trade debts | 44 | €13,493 | €296,252 | +€282,759 | +2,096% |
| Suppliers | 440/4 | €13,493 | €296,252 | +€282,759 | +2,096% |
| Advances received on contracts in progress | 46 | €299,890 | - | -€299,890 | |
| Taxes, remuneration and social security | 45 | €28,332 | €108,620 | +€80,287 | +283% |
| Taxes | 450/3 | €17,195 | €94,572 | +€77,377 | +450% |
| Remuneration and social security | 454/9 | €11,138 | €14,048 | +€2,910 | +26.1% |
| Other amounts payable | 47/48 | - | €6,944 | +€6,944 | |
| Remuneration, social security and pensions | 62 | €57,798 | €90,108 | +€32,310 | +55.9% |
| Other operating charges | 640/8 | €609 | €6,337 | +€5,729 | +941% |
| Gross operating margin | 9900 | €104,599 | €106,448 | +€1,849 | +1.8% |
| Operating profit (loss) | 9901 | €46,193 | €10,003 | -€36,189 | -78.3% |
| Financial income | 75/76B | €76 | - | -€76 | |
| Recurring financial income | 75 | €76 | - | -€76 | |
| Financial charges | 65/66B | €714 | €741 | +€27 | +3.8% |
| Recurring financial charges | 65 | €714 | €741 | +€27 | +3.8% |
| Profit (loss) for the period before taxes | 9903 | €45,555 | €9,262 | -€36,292 | -79.7% |
| Income taxes | 67/77 | €12,157 | €2,197 | -€9,960 | -81.9% |
| Profit (loss) for the period | 9904 | €33,397 | €7,065 | -€26,332 | -78.8% |
| Profit (loss) for the period to be appropriated | 9905 | €33,397 | €7,065 | -€26,332 | -78.8% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.