Wattify: what changed
Wattify
Largest movements
- Receivables within one year -€53,088
down €53,088 (-49.5%), from €107,310 to €54,222
of which Trade receivables: -€92,193
- Stocks and contracts -€14,160
down €14,160 (-33.0%), from €42,882 to €28,722
- Cash +€9,459
up €9,459 (+17.6%), from €53,867 to €63,326
mainly Receivables within one year (+€53,088) and Stocks and contracts (+€14,160)
- Trade debts -€22,493
down €22,493 (-82.0%), from €27,424 to €4,931
- Profit (loss) carried forward -€20,027
down €20,027 (-12.0%), from €167,482 to €147,455
- Advances received -€11,625
down €11,625 (-100%), from €11,625 to €0
- Gross operating margin -€91,823
down €91,823, from €79,812 to -€12,010
- Taxes -€14,500
down €14,500 (-100%), from €14,500 to €0
- Depreciation +€3,629
up €3,629 (+150%), from €2,414 to €6,043
- Write-downs -€2,994
down €2,994 (-100%), from €2,994 to €0
- Other operating charges -€905
down €905 (-57.4%), from €1,576 to €671
Change in the result, 2024 to 2025
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 2024 and 2025 balance sheets and the 2025 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 | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €223,875 | €168,571 | -€55,304 | -24.7% |
| Fixed assets | 21/28 | €19,816 | €21,684 | +€1,868 | +9.4% |
| Tangible fixed assets | 22/27 | €19,816 | €21,684 | +€1,868 | +9.4% |
| Plant, machinery and equipment | 23 | €15,243 | €18,713 | +€3,470 | +22.8% |
| Furniture and vehicles | 24 | €4,573 | €2,971 | -€1,602 | -35.0% |
| Current assets | 29/58 | €204,059 | €146,887 | -€57,172 | -28.0% |
| Stocks and contracts in progress | 3 | €42,882 | €28,722 | -€14,160 | -33.0% |
| Stocks | 30/36 | €42,882 | €28,722 | -€14,160 | -33.0% |
| Amounts receivable within one year | 40/41 | €107,310 | €54,222 | -€53,088 | -49.5% |
| Trade receivables | 40 | €96,910 | €4,718 | -€92,193 | -95.1% |
| Other amounts receivable | 41 | €10,399 | €49,504 | +€39,104 | +376% |
| Cash at bank and in hand | 54/58 | €53,867 | €63,326 | +€9,459 | +17.6% |
| Deferred charges and accrued income | 490/1 | - | €617 | +€617 | |
| Total equity and liabilities | 10/49 | €223,875 | €168,571 | -€55,304 | -24.7% |
| Equity | 10/15 | €168,982 | €148,955 | -€20,027 | -11.9% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €167,482 | €147,455 | -€20,027 | -12.0% |
| Amounts payable | 17/49 | €54,893 | €19,616 | -€35,277 | -64.3% |
| Amounts payable within one year | 42/48 | €54,893 | €19,616 | -€35,277 | -64.3% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €27,424 | €4,931 | -€22,493 | -82.0% |
| Suppliers | 440/4 | €27,424 | €4,931 | -€22,493 | -82.0% |
| Advances received on contracts in progress | 46 | €11,625 | €0 | -€11,625 | -100% |
| Taxes, remuneration and social security | 45 | €14,616 | €14,616 | = | 0.0% |
| Taxes | 450/3 | €14,616 | €14,616 | = | 0.0% |
| Other amounts payable | 47/48 | €1,229 | €70 | -€1,159 | -94.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,414 | €6,043 | +€3,629 | +150% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €2,994 | €0 | -€2,994 | -100% |
| Other operating charges | 640/8 | €1,576 | €671 | -€905 | -57.4% |
| Gross operating margin | 9900 | €79,812 | -€12,010 | -€91,823 | |
| Operating profit (loss) | 9901 | €72,828 | -€18,724 | -€91,553 | |
| Financial income | 75/76B | €148 | €150 | +€1 | +0.9% |
| Recurring financial income | 75 | €148 | €150 | +€1 | +0.9% |
| Financial charges | 65/66B | €1,295 | €1,453 | +€158 | +12.2% |
| Recurring financial charges | 65 | €1,295 | €1,453 | +€158 | +12.2% |
| Profit (loss) for the period before taxes | 9903 | €71,682 | -€20,027 | -€91,710 | |
| Income taxes | 67/77 | €14,500 | €0 | -€14,500 | -100% |
| Profit (loss) for the period | 9904 | €57,182 | -€20,027 | -€77,210 | |
| Profit (loss) for the period to be appropriated | 9905 | €57,182 | -€20,027 | -€77,210 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.