WP: what changed
WP
Largest movements
- Tangible fixed assets -€32,979
down €32,979 (-53.4%), from €61,719 to €28,740
- Receivables within one year +€21,515
up €21,515 (+25.9%), from €82,953 to €104,468
of which Other amounts receivable: +€18,235
- Cash +€9,776
up €9,776 (+648%), from €1,510 to €11,285
mainly Depreciation (+€32,979) and Net result for the year (+€23,180)
- Profit (loss) carried forward +€23,180
up €23,180 (+23.9%), from €97,087 to €120,267
- Current portion of long-term debt -€14,737
down €14,737 (-88.3%), from €16,691 to €1,953
- Tax, wage and social debts -€12,915
down €12,915 (-57.5%), from €22,451 to €9,536
of which Taxes: -€11,595
- Short-term financial debts +€4,737
up €4,737 (+94.7%), from €5,000 to €9,737
- Debts after one year -€1,953
no longer reported in 2024 (was €1,953)
- Turnover +€369,189
up €369,189 (+36.0%), from €1.0m to €1.4m
- Purchases and services +€321,238
up €321,238 (+31.9%), from €1.0m to €1.3m
- Gross operating margin +€48,118
up €48,118 (+172%), from €27,931 to €76,049
- Taxes +€16,258
up €16,258, from -€2,529 to €13,730
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 | €146,182 | €144,493 | -€1,688 | -1.2% |
| Fixed assets | 21/28 | €61,719 | €28,740 | -€32,979 | -53.4% |
| Tangible fixed assets | 22/27 | €61,719 | €28,740 | -€32,979 | -53.4% |
| Furniture and vehicles | 24 | €61,719 | €28,740 | -€32,979 | -53.4% |
| Current assets | 29/58 | €84,462 | €115,753 | +€31,291 | +37.0% |
| Amounts receivable within one year | 40/41 | €82,953 | €104,468 | +€21,515 | +25.9% |
| Trade receivables | 40 | €74,949 | €78,229 | +€3,280 | +4.4% |
| Other amounts receivable | 41 | €8,004 | €26,239 | +€18,235 | +228% |
| Cash at bank and in hand | 54/58 | €1,510 | €11,285 | +€9,776 | +648% |
| Total equity and liabilities | 10/49 | €146,182 | €144,493 | -€1,688 | -1.2% |
| Equity | 10/15 | €100,087 | €123,267 | +€23,180 | +23.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Capital | 10 | €3,000 | €3,000 | = | 0.0% |
| Issued capital | 100 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €97,087 | €120,267 | +€23,180 | +23.9% |
| Amounts payable | 17/49 | €46,095 | €21,226 | -€24,868 | -54.0% |
| Amounts payable after more than one year | 17 | €1,953 | - | -€1,953 | |
| Financial debts | 170/4 | €1,953 | - | -€1,953 | |
| Amounts payable within one year | 42/48 | €44,142 | €21,226 | -€22,915 | -51.9% |
| Current portion of amounts payable after more than one year | 42 | €16,691 | €1,953 | -€14,737 | -88.3% |
| Financial debts | 43 | €5,000 | €9,737 | +€4,737 | +94.7% |
| Credit institutions | 430/8 | €5,000 | €9,737 | +€4,737 | +94.7% |
| Taxes, remuneration and social security | 45 | €22,451 | €9,536 | -€12,915 | -57.5% |
| Taxes | 450/3 | €21,131 | €9,536 | -€11,595 | -54.9% |
| Remuneration and social security | 454/9 | €1,320 | - | -€1,320 | |
| Turnover | 70 | €1,025,725 | €1,394,914 | +€369,189 | +36.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €1,006,540 | €1,327,777 | +€321,238 | +31.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,881 | €32,979 | +€1,098 | +3.4% |
| Other operating charges | 640/8 | €5,299 | €3,338 | -€1,961 | -37.0% |
| Gross operating margin | 9900 | €27,931 | €76,049 | +€48,118 | +172% |
| Operating profit (loss) | 9901 | -€9,249 | €39,732 | +€48,981 | |
| Financial charges | 65/66B | €2,226 | €2,822 | +€596 | +26.8% |
| Recurring financial charges | 65 | €2,226 | €2,822 | +€596 | +26.8% |
| Profit (loss) for the period before taxes | 9903 | -€11,475 | €36,910 | +€48,385 | |
| Income taxes | 67/77 | -€2,529 | €13,730 | +€16,258 | |
| Profit (loss) for the period | 9904 | -€8,946 | €23,180 | +€32,126 | |
| Profit (loss) for the period to be appropriated | 9905 | -€8,946 | €23,180 | +€32,126 |
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 4 November 2026 via checked.be.