WTX: 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.
WTX
Largest movements
- Tangible fixed assets -€147,599
down €147,599 (-14.3%), from €1.0m to €883,047
of which Furniture and vehicles: -€145,296
- Cash +€69,021
up €69,021 (+57.7%), from €119,670 to €188,691
mainly Depreciation (+€144,224) and Debts after one year (+€41,152)
- Other debts -€130,161
down €130,161 (-10.4%), from €1.3m to €1.1m
- Debts after one year +€41,152
up €41,152 (+18.7%), from €220,317 to €261,469
- Profit (loss) carried forward -€32,950
down €32,950 (-3.0%), from -€1.1m to -€1.1m
- Staff costs +€56,293
up €56,293 (+30.9%), from €182,243 to €238,536
- Gross operating margin +€55,302
up €55,302 (+17.2%), from €321,547 to €376,849
- Depreciation +€19,619
up €19,619 (+15.7%), from €124,605 to €144,224
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.
Derived cash bridge
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 | €1,928,963 | €1,858,708 | -€70,254 | -3.6% |
| Fixed assets | 21/28 | €1,032,121 | €887,922 | -€144,199 | -14.0% |
| Tangible fixed assets | 22/27 | €1,030,646 | €883,047 | -€147,599 | -14.3% |
| Plant, machinery and equipment | 23 | €4,289 | €2,561 | -€1,728 | -40.3% |
| Furniture and vehicles | 24 | €1,025,645 | €880,349 | -€145,296 | -14.2% |
| Other tangible fixed assets | 26 | €712 | €137 | -€575 | -80.8% |
| Financial fixed assets | 28 | €1,475 | €4,875 | +€3,400 | +231% |
| Current assets | 29/58 | €896,842 | €970,787 | +€73,945 | +8.2% |
| Amounts receivable within one year | 40/41 | €775,517 | €781,118 | +€5,601 | +0.7% |
| Trade receivables | 40 | €84,831 | €23,041 | -€61,789 | -72.8% |
| Other amounts receivable | 41 | €690,686 | €758,076 | +€67,390 | +9.8% |
| Cash at bank and in hand | 54/58 | €119,670 | €188,691 | +€69,021 | +57.7% |
| Deferred charges and accrued income | 490/1 | €1,655 | €978 | -€677 | -40.9% |
| Total equity and liabilities | 10/49 | €1,928,963 | €1,858,708 | -€70,254 | -3.6% |
| Equity | 10/15 | €387,949 | €367,979 | -€19,971 | -5.1% |
| Contributions | 10/11 | €1,378,500 | €1,378,500 | = | 0.0% |
| Reserves | 13 | €90,036 | €103,016 | +€12,980 | +14.4% |
| Distributable reserves | 133 | €90,036 | €103,016 | +€12,980 | +14.4% |
| Profit (loss) carried forward | 14 | -€1,080,586 | -€1,113,537 | -€32,950 | -3.0% |
| Amounts payable | 17/49 | €1,541,013 | €1,490,730 | -€50,284 | -3.3% |
| Amounts payable after more than one year | 17 | €220,317 | €261,469 | +€41,152 | +18.7% |
| Financial debts | 170/4 | €220,317 | €261,469 | +€41,152 | +18.7% |
| Amounts payable within one year | 42/48 | €1,320,696 | €1,229,261 | -€91,436 | -6.9% |
| Current portion of amounts payable after more than one year | 42 | €15,612 | €24,324 | +€8,712 | +55.8% |
| Financial debts | 43 | €75 | €99 | +€24 | +31.7% |
| Credit institutions | 430/8 | €75 | €99 | +€24 | +31.7% |
| Trade debts | 44 | €16,505 | €33,827 | +€17,322 | +105% |
| Suppliers | 440/4 | €16,505 | €33,827 | +€17,322 | +105% |
| Taxes, remuneration and social security | 45 | €34,862 | €47,529 | +€12,668 | +36.3% |
| Taxes | 450/3 | €25,466 | €37,616 | +€12,150 | +47.7% |
| Remuneration and social security | 454/9 | €9,395 | €9,913 | +€517 | +5.5% |
| Other amounts payable | 47/48 | €1,253,642 | €1,123,481 | -€130,161 | -10.4% |
| Non-recurring operating income | 76A | - | €10,675 | +€10,675 | |
| Remuneration, social security and pensions | 62 | €182,243 | €238,536 | +€56,293 | +30.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €124,605 | €144,224 | +€19,619 | +15.7% |
| Other operating charges | 640/8 | €4,486 | €3,855 | -€632 | -14.1% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €321,547 | €376,849 | +€55,302 | +17.2% |
| Operating profit (loss) | 9901 | €10,213 | -€9,766 | -€19,978 | |
| Financial income | 75/76B | €158 | €0 | -€158 | -100.0% |
| Recurring financial income | 75 | €158 | €0 | -€158 | -100.0% |
| Financial charges | 65/66B | €3,705 | €6,301 | +€2,596 | +70.1% |
| Recurring financial charges | 65 | €3,705 | €6,301 | +€2,596 | +70.1% |
| Profit (loss) for the period before taxes | 9903 | €6,665 | -€16,067 | -€22,732 | |
| Income taxes | 67/77 | €3,980 | €3,904 | -€76 | -1.9% |
| Profit (loss) for the period | 9904 | €2,685 | -€19,971 | -€22,656 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,685 | -€19,971 | -€22,656 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.