WTSP: 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.
WTSP
Largest movements
- Tangible fixed assets -€11,655
down €11,655 (-1.4%), from €825,287 to €813,633
of which Plant, machinery and equipment: -€21,596
- Debts after one year -€65,414
down €65,414 (-11.9%), from €551,707 to €486,294
- Reserves +€47,896
up €47,896 (+1899.3%), from €2,522 to €50,417
- Other debts +€30,611
up €30,611 (+17.8%), from €172,433 to €203,043
- Accrued charges and deferred income -€22,400
down €22,400 (-100.0%), from €22,400 to €0
- Trade debts -€18,507
down €18,507 (-98.4%), from €18,805 to €298
- Gross operating margin +€31,536
up €31,536 (+55.8%), from €56,535 to €88,071
- Depreciation -€24,711
down €24,711 (-68.0%), from €36,365 to €11,655
- Taxes +€15,281
up €15,281 (+2232.3%), from €685 to €15,965
- Other operating charges -€2,746
down €2,746 (-37.9%), from €7,248 to €4,502
- Financial charges -€983
down €983 (-10.9%), from €9,036 to €8,053
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 | €833,123 | €821,631 | -€11,492 | -1.4% |
| Fixed assets | 21/28 | €825,287 | €813,633 | -€11,655 | -1.4% |
| Tangible fixed assets | 22/27 | €825,287 | €813,633 | -€11,655 | -1.4% |
| Land and buildings | 22 | €605,523 | €615,464 | +€9,941 | +1.6% |
| Plant, machinery and equipment | 23 | €219,764 | €198,168 | -€21,596 | -9.8% |
| Current assets | 29/58 | €7,836 | €7,998 | +€163 | +2.1% |
| Amounts receivable within one year | 40/41 | €869 | €365 | -€504 | -58.0% |
| Other amounts receivable | 41 | €869 | €365 | -€504 | -58.0% |
| Cash at bank and in hand | 54/58 | €5,729 | €7,634 | +€1,905 | +33.3% |
| Deferred charges and accrued income | 490/1 | €1,238 | €0 | -€1,238 | -100.0% |
| Total equity and liabilities | 10/49 | €833,123 | €821,631 | -€11,492 | -1.4% |
| Equity | 10/15 | €2,722 | €50,617 | +€47,896 | +1759.8% |
| Contributions | 10/11 | €200 | €200 | = | 0.0% |
| Reserves | 13 | €2,522 | €50,417 | +€47,896 | +1899.3% |
| Distributable reserves | 133 | €2,522 | €50,417 | +€47,896 | +1899.3% |
| Amounts payable | 17/49 | €830,402 | €771,014 | -€59,388 | -7.2% |
| Amounts payable after more than one year | 17 | €551,707 | €486,294 | -€65,414 | -11.9% |
| Financial debts | 170/4 | €551,707 | €486,294 | -€65,414 | -11.9% |
| Amounts payable within one year | 42/48 | €256,294 | €284,720 | +€28,426 | +11.1% |
| Current portion of amounts payable after more than one year | 42 | €64,372 | €65,414 | +€1,042 | +1.6% |
| Trade debts | 44 | €18,805 | €298 | -€18,507 | -98.4% |
| Suppliers | 440/4 | €18,805 | €298 | -€18,507 | -98.4% |
| Taxes, remuneration and social security | 45 | €685 | €15,965 | +€15,281 | +2232.3% |
| Taxes | 450/3 | €685 | €15,965 | +€15,281 | +2232.3% |
| Other amounts payable | 47/48 | €172,433 | €203,043 | +€30,611 | +17.8% |
| Accrued charges and deferred income | 492/3 | €22,400 | €0 | -€22,400 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,365 | €11,655 | -€24,711 | -68.0% |
| Other operating charges | 640/8 | €7,248 | €4,502 | -€2,746 | -37.9% |
| Gross operating margin | 9900 | €56,535 | €88,071 | +€31,536 | +55.8% |
| Operating profit (loss) | 9901 | €12,921 | €71,914 | +€58,993 | +456.6% |
| Financial charges | 65/66B | €9,036 | €8,053 | -€983 | -10.9% |
| Recurring financial charges | 65 | €9,036 | €8,053 | -€983 | -10.9% |
| Profit (loss) for the period before taxes | 9903 | €3,885 | €63,861 | +€59,976 | +1543.8% |
| Income taxes | 67/77 | €685 | €15,965 | +€15,281 | +2232.3% |
| Profit (loss) for the period | 9904 | €3,200 | €47,896 | +€44,695 | +1396.6% |
| Profit (loss) for the period to be appropriated | 9905 | €3,200 | €47,896 | +€44,695 | +1396.6% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.