AWA: 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.
AWA
Largest movements
- Tangible fixed assets +€15,510
up €15,510 (+2.7%), from €582,704 to €598,213
- Profit (loss) carried forward +€12,619
up €12,619 (+53.6%), from -€23,549 to -€10,930
- Other debts +€12,497
up €12,497 (+5.0%), from €252,268 to €264,764
- Trade debts -€8,553
down €8,553 (-45.6%), from €18,757 to €10,204
- Gross operating margin +€8,553
up €8,553 (+18.4%), from €46,484 to €55,037
- Depreciation +€1,690
up €1,690 (+4.9%), from €34,333 to €36,023
From the 2024 result to the 2025 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.
Cash bridge derived
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €592,650 | €605,329 | +€12,679 | +2.1% |
| Fixed assets | 21/28 | €582,704 | €598,213 | +€15,510 | +2.7% |
| Tangible fixed assets | 22/27 | €582,704 | €598,213 | +€15,510 | +2.7% |
| Land and buildings | 22 | €582,704 | €598,213 | +€15,510 | +2.7% |
| Current assets | 29/58 | €9,946 | €7,116 | -€2,830 | -28.5% |
| Cash at bank and in hand | 54/58 | €8,680 | €5,815 | -€2,866 | -33.0% |
| Deferred charges and accrued income | 490/1 | €1,266 | €1,301 | +€35 | +2.8% |
| Total equity and liabilities | 10/49 | €592,650 | €605,329 | +€12,679 | +2.1% |
| Equity | 10/15 | €320,744 | €329,480 | +€8,736 | +2.7% |
| Contributions | 10/11 | €292,514 | €292,514 | = | 0.0% |
| Capital | 10 | €292,514 | €292,514 | = | 0.0% |
| Issued capital | 100 | €292,514 | €292,514 | = | 0.0% |
| Reserves | 13 | €51,779 | €47,895 | -€3,883 | -7.5% |
| Tax-exempt reserves | 132 | €51,779 | €47,895 | -€3,883 | -7.5% |
| Profit (loss) carried forward | 14 | -€23,549 | -€10,930 | +€12,619 | +53.6% |
| Amounts payable | 17/49 | €271,906 | €275,849 | +€3,944 | +1.5% |
| Amounts payable within one year | 42/48 | €271,025 | €274,968 | +€3,944 | +1.5% |
| Trade debts | 44 | €18,757 | €10,204 | -€8,553 | -45.6% |
| Suppliers | 440/4 | €18,757 | €10,204 | -€8,553 | -45.6% |
| Other amounts payable | 47/48 | €252,268 | €264,764 | +€12,497 | +5.0% |
| Accrued charges and deferred income | 492/3 | €881 | €881 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,333 | €36,023 | +€1,690 | +4.9% |
| Other operating charges | 640/8 | €9,683 | €9,977 | +€294 | +3.0% |
| Gross operating margin | 9900 | €46,484 | €55,037 | +€8,553 | +18.4% |
| Operating profit (loss) | 9901 | €2,468 | €9,037 | +€6,569 | +266.2% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €117 | €301 | +€184 | +157.1% |
| Recurring financial charges | 65 | €117 | €301 | +€184 | +157.1% |
| Profit (loss) for the period before taxes | 9903 | €2,351 | €8,736 | +€6,385 | +271.6% |
| Profit (loss) for the period | 9904 | €2,351 | €8,736 | +€6,385 | +271.6% |
| Transfer from tax-exempt reserves | 789 | €3,883 | €3,883 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €6,234 | €12,619 | +€6,385 | +102.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.