AWASA: 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.
AWASA
Largest movements
- Cash +€79,468
up €79,468 (+333.9%), from €23,803 to €103,271
mainly Net result for the year (+€65,163) and Tax, wage and social debts (+€46,230)
- Receivables within one year -€31,922
down €31,922 (-13.8%), from €231,406 to €199,485
of which Trade receivables: -€48,013
- Tangible fixed assets +€20,658
up €20,658 (+29.3%), from €70,464 to €91,122
of which Plant, machinery and equipment: +€19,571
- Profit (loss) carried forward +€65,163
up €65,163 (+80.4%), from €81,037 to €146,200
- Tax, wage and social debts +€46,230
up €46,230 (+68.1%), from €67,879 to €114,109
of which Taxes: +€33,554
- Trade debts -€41,138
down €41,138 (-26.2%), from €157,302 to €116,164
- Other debts -€20,860
no longer reported in 2025 (was €20,860)
- Debts after one year +€12,594
new in 2025: €12,594
- Gross operating margin +€147,181
up €147,181 (+67.0%), from €219,534 to €366,715
- Staff costs +€114,872
up €114,872 (+89.8%), from €127,990 to €242,862
- Depreciation +€9,593
up €9,593 (+71.2%), from €13,481 to €23,075
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 | €337,663 | €405,821 | +€68,158 | +20.2% |
| Fixed assets | 21/28 | €70,464 | €91,122 | +€20,658 | +29.3% |
| Tangible fixed assets | 22/27 | €70,464 | €91,122 | +€20,658 | +29.3% |
| Plant, machinery and equipment | 23 | €1,916 | €21,487 | +€19,571 | +1021.3% |
| Furniture and vehicles | 24 | €36,470 | €42,829 | +€6,359 | +17.4% |
| Other tangible fixed assets | 26 | €32,078 | €26,805 | -€5,273 | -16.4% |
| Current assets | 29/58 | €267,198 | €314,699 | +€47,501 | +17.8% |
| Amounts receivable within one year | 40/41 | €231,406 | €199,485 | -€31,922 | -13.8% |
| Trade receivables | 40 | €231,331 | €183,318 | -€48,013 | -20.8% |
| Other amounts receivable | 41 | €75 | €16,166 | +€16,091 | +21512.6% |
| Cash at bank and in hand | 54/58 | €23,803 | €103,271 | +€79,468 | +333.9% |
| Deferred charges and accrued income | 490/1 | €11,989 | €11,943 | -€46 | -0.4% |
| Total equity and liabilities | 10/49 | €337,663 | €405,821 | +€68,158 | +20.2% |
| Equity | 10/15 | €87,537 | €152,700 | +€65,163 | +74.4% |
| Contributions | 10/11 | €6,500 | €6,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €81,037 | €146,200 | +€65,163 | +80.4% |
| Amounts payable | 17/49 | €250,126 | €253,121 | +€2,996 | +1.2% |
| Amounts payable after more than one year | 17 | - | €12,594 | +€12,594 | |
| Financial debts | 170/4 | - | €12,594 | +€12,594 | |
| Amounts payable within one year | 42/48 | €246,041 | €235,223 | -€10,818 | -4.4% |
| Current portion of amounts payable after more than one year | 42 | - | €4,950 | +€4,950 | |
| Trade debts | 44 | €157,302 | €116,164 | -€41,138 | -26.2% |
| Suppliers | 440/4 | €157,302 | €116,164 | -€41,138 | -26.2% |
| Taxes, remuneration and social security | 45 | €67,879 | €114,109 | +€46,230 | +68.1% |
| Taxes | 450/3 | €53,677 | €87,231 | +€33,554 | +62.5% |
| Remuneration and social security | 454/9 | €14,202 | €26,877 | +€12,676 | +89.3% |
| Other amounts payable | 47/48 | €20,860 | - | -€20,860 | |
| Accrued charges and deferred income | 492/3 | €4,085 | €5,305 | +€1,220 | +29.9% |
| Remuneration, social security and pensions | 62 | €127,990 | €242,862 | +€114,872 | +89.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,481 | €23,075 | +€9,593 | +71.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,755 | - | -€1,755 | |
| Other operating charges | 640/8 | €2,443 | €2,255 | -€188 | -7.7% |
| Non-recurring operating charges | 66A | - | €12,472 | +€12,472 | |
| Gross operating margin | 9900 | €219,534 | €366,715 | +€147,181 | +67.0% |
| Operating profit (loss) | 9901 | €73,865 | €86,052 | +€12,187 | +16.5% |
| Financial income | 75/76B | €835 | €32 | -€803 | -96.2% |
| Recurring financial income | 75 | €835 | €32 | -€803 | -96.2% |
| Financial charges | 65/66B | €4,829 | €2,891 | -€1,939 | -40.1% |
| Recurring financial charges | 65 | €4,829 | €2,891 | -€1,939 | -40.1% |
| Profit (loss) for the period before taxes | 9903 | €69,871 | €83,193 | +€13,322 | +19.1% |
| Income taxes | 67/77 | €15,453 | €18,030 | +€2,578 | +16.7% |
| Profit (loss) for the period | 9904 | €54,418 | €65,163 | +€10,745 | +19.7% |
| Profit (loss) for the period to be appropriated | 9905 | €54,418 | €65,163 | +€10,745 | +19.7% |
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 8 October 2026 via checked.be.