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A.WARE: what changed

Two fiscal 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.

What changed

A.WARE

BE 0473.902.903
NACE 47.551, Retail sale of household furniture
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€4,511
2024 · €8,862-€13,373
Equity
€88,768
2024 · €94,209-€5,441
Cash
€1,365
2024 · €11,966-€10,602
Balance sheet total
€104,605
2024 · €98,406+€6,199

Largest movements

2024 to 2025
Assets
  • Receivables within one year +€19,681

    up €19,681 (+25.9%), from €75,895 to €95,576

    of which Other amounts receivable: +€20,561

  • Cash -€10,602

    down €10,602 (-88.6%), from €11,966 to €1,365

    mainly Receivables within one year (-€19,681) and Net result for the year (-€4,511)

  • Financial fixed assets -€2,030

    down €2,030 (-100.0%), from €2,030 to €0

  • Intangible fixed assets +€1,463

    new in 2025: €1,463

  • Tangible fixed assets -€1,305

    down €1,305 (-52.9%), from €2,465 to €1,161

    of which Other tangible fixed assets: -€1,005

Equity and liabilities
  • Other debts +€11,390

    up €11,390 (+4598.8%), from €248 to €11,638

  • Reserves -€5,441

    down €5,441 (-6.7%), from €81,183 to €75,742

    of which Distributable reserves: -€5,441

Income statement
  • Gross operating margin -€7,332

    down €7,332 (-71.5%), from €10,254 to €2,922

  • Other operating charges +€5,005

    up €5,005 (+559.7%), from €894 to €5,900

  • Financial charges +€2,521

    up €2,521 (+9109.8%), from €28 to €2,548

    of which Non-recurring financial charges: +€2,030

  • Taxes -€886

    down €886 (-100.0%), from €886 to €0

  • Financial income +€532

    up €532 (+25.4%), from €2,095 to €2,627

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €8,862
Gross operating margin -€7,332
Depreciation +€68
Other operating charges -€5,005
Financial income +€532
Financial charges -€2,521
Taxes +€886
Result 2025 -€4,511

Cash bridge derived

cash 2024 to 2025

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.

From operations -€9,932
Investment +€260
Financing -€930
Cash 2024 €11,966
Net result for the year -€4,511
Depreciation +€1,612
Stocks and contracts +€1,148
Receivables within one year -€19,681
Deferred charges and accrued income -€140
Trade debts +€293
Other debts +€11,390
Accrued charges and deferred income -€43
Investment in fixed assets (net) +€260
Contributions, distributions and other -€930
Cash 2025 €1,365
Every line side by side 43 lines
Line Code 2024 2025 Change %
Total assets 20/58 €98,406 €104,605 +€6,199 +6.3%
Fixed assets 21/28 €4,495 €2,624 -€1,872 -41.6%
Intangible fixed assets 21 - €1,463 +€1,463
Tangible fixed assets 22/27 €2,465 €1,161 -€1,305 -52.9%
Furniture and vehicles 24 €1,366 €1,066 -€300 -22.0%
Other tangible fixed assets 26 €1,099 €94 -€1,005 -91.4%
Financial fixed assets 28 €2,030 €0 -€2,030 -100.0%
Current assets 29/58 €93,911 €101,982 +€8,071 +8.6%
Stocks and contracts in progress 3 €5,957 €4,809 -€1,148 -19.3%
Stocks 30/36 €5,957 €4,809 -€1,148 -19.3%
Amounts receivable within one year 40/41 €75,895 €95,576 +€19,681 +25.9%
Trade receivables 40 €880 €0 -€880 -100.0%
Other amounts receivable 41 €75,015 €95,576 +€20,561 +27.4%
Cash at bank and in hand 54/58 €11,966 €1,365 -€10,602 -88.6%
Deferred charges and accrued income 490/1 €92 €232 +€140 +151.7%
Total equity and liabilities 10/49 €98,406 €104,605 +€6,199 +6.3%
Equity 10/15 €94,209 €88,768 -€5,441 -5.8%
Contributions 10/11 €13,026 €13,026 = 0.0%
Reserves 13 €81,183 €75,742 -€5,441 -6.7%
Tax-exempt reserves 132 €3,200 €3,200 = 0.0%
Distributable reserves 133 €77,983 €72,542 -€5,441 -7.0%
Profit (loss) carried forward 14 - €0 =
Amounts payable 17/49 €4,197 €15,837 +€11,640 +277.4%
Amounts payable within one year 42/48 €1,334 €13,017 +€11,683 +875.9%
Trade debts 44 €200 €493 +€293 +146.5%
Suppliers 440/4 €200 €493 +€293 +146.5%
Taxes, remuneration and social security 45 €886 €886 = 0.0%
Taxes 450/3 €886 €886 = 0.0%
Other amounts payable 47/48 €248 €11,638 +€11,390 +4598.8%
Accrued charges and deferred income 492/3 €2,863 €2,820 -€43 -1.5%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €1,679 €1,612 -€68 -4.0%
Other operating charges 640/8 €894 €5,900 +€5,005 +559.7%
Gross operating margin 9900 €10,254 €2,922 -€7,332 -71.5%
Operating profit (loss) 9901 €7,680 -€4,589 -€12,270
Financial income 75/76B €2,095 €2,627 +€532 +25.4%
Recurring financial income 75 €2,095 €2,627 +€532 +25.4%
Financial charges 65/66B €28 €2,548 +€2,521 +9109.8%
Recurring financial charges 65 €28 €518 +€491 +1773.3%
Non-recurring financial charges 66B - €2,030 +€2,030
Profit (loss) for the period before taxes 9903 €9,748 -€4,511 -€14,259
Income taxes 67/77 €886 €0 -€886 -100.0%
Profit (loss) for the period 9904 €8,862 -€4,511 -€13,373
Profit (loss) for the period to be appropriated 9905 €8,862 -€4,511 -€13,373

Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.