WTS GROUP: 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.
WTS GROUP
Largest movements
- Cash +€16,081
up €16,081 (+16.3%), from €98,437 to €114,519
mainly Net result for the year (+€40,027) and Depreciation (+€17,835)
- Tangible fixed assets +€4,136
up €4,136 (+6.8%), from €61,170 to €65,306
of which Furniture and vehicles: +€7,413
- Receivables within one year -€3,848
down €3,848 (-24.8%), from €15,486 to €11,638
of which Other amounts receivable: -€7,849
- Stocks and contracts -€2,784
down €2,784 (-93.3%), from €2,985 to €201
- Other debts +€10,312
up €10,312 (+18.8%), from €54,895 to €65,206
- Profit (loss) carried forward +€10,027
up €10,027 (+13.2%), from €76,159 to €86,185
- Debts after one year -€7,311
down €7,311 (-90.4%), from €8,092 to €781
- Gross operating margin +€14,891
up €14,891 (+23.9%), from €62,286 to €77,177
- Depreciation +€3,152
up €3,152 (+21.5%), from €14,683 to €17,835
- Taxes +€2,957
up €2,957 (+19.8%), from €14,949 to €17,906
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €183,409 | €196,211 | +€12,802 | +7.0% |
| Fixed assets | 21/28 | €65,670 | €69,556 | +€3,886 | +5.9% |
| Intangible fixed assets | 21 | €1,500 | €1,250 | -€250 | -16.7% |
| Tangible fixed assets | 22/27 | €61,170 | €65,306 | +€4,136 | +6.8% |
| Plant, machinery and equipment | 23 | €4,691 | €2,813 | -€1,877 | -40.0% |
| Furniture and vehicles | 24 | €18,746 | €26,159 | +€7,413 | +39.5% |
| Other tangible fixed assets | 26 | €37,733 | €36,334 | -€1,399 | -3.7% |
| Financial fixed assets | 28 | €3,000 | €3,000 | = | 0.0% |
| Current assets | 29/58 | €117,739 | €126,655 | +€8,916 | +7.6% |
| Stocks and contracts in progress | 3 | €2,985 | €201 | -€2,784 | -93.3% |
| Stocks | 30/36 | €2,985 | €201 | -€2,784 | -93.3% |
| Amounts receivable within one year | 40/41 | €15,486 | €11,638 | -€3,848 | -24.8% |
| Trade receivables | 40 | €7,637 | €11,638 | +€4,002 | +52.4% |
| Other amounts receivable | 41 | €7,849 | - | -€7,849 | |
| Cash at bank and in hand | 54/58 | €98,437 | €114,519 | +€16,081 | +16.3% |
| Deferred charges and accrued income | 490/1 | €831 | €297 | -€533 | -64.2% |
| Total equity and liabilities | 10/49 | €183,409 | €196,211 | +€12,802 | +7.0% |
| Equity | 10/15 | €83,159 | €93,185 | +€10,027 | +12.1% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €76,159 | €86,185 | +€10,027 | +13.2% |
| Amounts payable | 17/49 | €100,251 | €103,026 | +€2,775 | +2.8% |
| Amounts payable after more than one year | 17 | €8,092 | €781 | -€7,311 | -90.4% |
| Financial debts | 170/4 | €8,092 | €781 | -€7,311 | -90.4% |
| Amounts payable within one year | 42/48 | €92,159 | €102,245 | +€10,087 | +10.9% |
| Current portion of amounts payable after more than one year | 42 | €7,607 | €7,311 | -€295 | -3.9% |
| Trade debts | 44 | €5 | €582 | +€577 | +11354.9% |
| Suppliers | 440/4 | €5 | €582 | +€577 | +11354.9% |
| Taxes, remuneration and social security | 45 | €29,652 | €29,146 | -€506 | -1.7% |
| Taxes | 450/3 | €29,652 | €25,996 | -€3,656 | -12.3% |
| Remuneration and social security | 454/9 | - | €3,150 | +€3,150 | |
| Other amounts payable | 47/48 | €54,895 | €65,206 | +€10,312 | +18.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,683 | €17,835 | +€3,152 | +21.5% |
| Other operating charges | 640/8 | €1,109 | €817 | -€293 | -26.4% |
| Gross operating margin | 9900 | €62,286 | €77,177 | +€14,891 | +23.9% |
| Operating profit (loss) | 9901 | €46,494 | €58,525 | +€12,031 | +25.9% |
| Financial income | 75/76B | €13 | - | -€13 | |
| Recurring financial income | 75 | €13 | - | -€13 | |
| Financial charges | 65/66B | €589 | €592 | +€4 | +0.6% |
| Recurring financial charges | 65 | €589 | €592 | +€4 | +0.6% |
| Profit (loss) for the period before taxes | 9903 | €45,918 | €57,933 | +€12,014 | +26.2% |
| Income taxes | 67/77 | €14,949 | €17,906 | +€2,957 | +19.8% |
| Profit (loss) for the period | 9904 | €30,969 | €40,027 | +€9,057 | +29.2% |
| Profit (loss) for the period to be appropriated | 9905 | €30,969 | €40,027 | +€9,057 | +29.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.