WAA (0768.504.769): financials and annual accounts

WAA

Ghent ·KBO/BCE: BE 0768.504.769

Line	2025	2024	2023	2022
Balance sheet: assets
Total assets`20/58`	12,989	32,283	23,323	51,094
Fixed assets`21/28`	0	444	1,387	1,000
Tangible fixed assets`22/27`	0	444	1,387	1,000
Plant, machinery and equipment`23`	0	444	887	-
Furniture and vehicles`24`	0	0	500	1,000
Current assets`29/58`	12,989	31,840	21,935	50,094
Amounts receivable within one year`40/41`	3,896	16,836	9,548	46,946
Trade receivables`40`	0	4,923	-	35,000
Other amounts receivable`41`	3,896	11,912	9,548	11,946
Cash at bank and in hand`54/58`	9,092	15,004	12,387	3,148
Balance sheet: equity and liabilities
Total equity and liabilities`10/49`	12,989	32,283	23,323	51,094
Equity`10/15`	9,633	14,059	13,631	7,806
Contributions`10/11`	1,000	-	-	-
Reserves`13`	390	390	390	390
Non-distributable reserves`130/1`	390	390	390	390
Reserves not available under the articles`1311`	390	390	390	390
Profit (loss) carried forward`14`	8,243	13,669	13,240	7,416
Amounts payable`17/49`	3,356	18,224	9,692	43,289
Amounts payable after more than one year`17`	-	3,194	7,369	11,593
Financial debts`170/4`	-	3,194	7,369	11,593
Amounts payable within one year`42/48`	3,356	15,030	2,323	31,695
Trade debts`44`	-	9,158	382	28,766
Suppliers`440/4`	-	9,158	382	28,766
Taxes, remuneration and social security`45`	3,356	5,872	1,942	2,929
Taxes`450/3`	-	1,875	1,942	2,602
Remuneration and social security`454/9`	3,356	3,997	-	327
Income statement
Turnover`70`	-	-	296,778	242,453
Gross operating margin`9900`	-3,170	40,207	40,581	62,665
Goods, raw materials, services and sundry goods`60/61`	-	-	256,197	179,788
Remuneration, social security and pensions`62`	0	33,074	29,077	39,670
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets`630`	444	944	943	500
Other operating charges`640/8`	369	2,013	2,620	12,258
Non-recurring operating charges`66A`	-	5	-	-
Operating profit (loss)`9901`	-3,982	4,172	7,941	10,236
Financial income`75/76B`	-	-	-	433
Recurring financial income`75`	-	-	-	433
Financial charges`65/66B`	1,443	119	175	262
Recurring financial charges`65`	1,443	119	175	262
Profit (loss) for the period before taxes`9903`	-5,426	4,053	7,766	10,408
Income taxes`67/77`	-	3,484	1,942	2,602
Profit (loss) for the period`9904`	-5,426	569	5,825	7,806
Profit (loss) for the period to be appropriated`9905`	-5,426	569	5,825	7,806
Appropriation of the result
Profit (loss) to be appropriated`9906`	8,243	13,669	13,240	7,806
Profit (loss) brought forward from the previous period`14P`	13,669	13,099	7,416	-
Transfer to equity`691/2`	-	-	-	390
Addition to contributions`691`	-	-	-	390
Social balance sheet
Average staff (FTE)`9087`	-	3.7	-	-
Hours worked`1013`	-	1,205	-	-
Document	PDF	PDF	PDF	PDF

Financial year	Type	Filed	Reference	Document
30-06-2025	micro format	22-06-2026	2026-00181737	PDF
30-06-2024	micro format	22-06-2026	2026-00181726	PDF
30-06-2023	micro format	17-04-2024	2024-00065467	PDF
30-06-2022	micro format	02-06-2023	2023-00117203	PDF

Line	2025	2024	2023	2022
EBITDA	-3,539	5,115	8,884	10,736
Cash flow	-4,982	1,513	6,768	8,306
Investment in fixed assets (approximation)	0	0	1,331	1,000
Change in cash	-5,911	2,617	9,239	-
Working capital	9,633	16,809	19,612	18,399
EBIT margin	-	-	2.7%	4.2%
Solvency	74.2%	43.5%	58.4%	15.3%
Current ratio	3.87	2.12	9.44	1.58
Debt to equity	0.35	1.30	0.71	5.55
ROE	-56.3%	4.0%	42.7%	100.0%
ROA	-41.8%	1.8%	25.0%	15.3%
Interest coverage	-2.45	42.96	50.91	40.97
Customer credit	-	-	12 days	53 days
Supplier credit	-	-	1 day	58 days

Item	30-06-2024
Average over the year, in full-time equivalents	1.3
Joined	18
Left	22

Item	30-06-2025	30-06-2024	30-06-2023	30-06-2022
Tangible fixed assets	-	-	€1,331	€1,000
Depreciation and write-downs of the year	€444	€944	€943	€500

WAA

Annual accounts 2025

Money flows

Balance sheet

Change in equityin euro

Change in cashin euro

Position in the sector

Solvency74.2%

Current ratio3.87

Return on assets-41.8%

Staff

Staff cost per FTE

Joined and left

Filed annual accounts

Filings

Key figures and ratios

Social balance sheet

Investments

Insights on WAA

Next steps