AWL: 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.
AWL
Largest movements
- Cash +€70,529
up €70,529 (+1,357%), from €5,196 to €75,725
mainly Net result for the year (+€72,591) and Tax, wage and social debts (+€5,489)
- Receivables within one year -€2,340
down €2,340 (-100%), from €2,340 to €0
- Tangible fixed assets -€941
down €941 (-45.1%), from €2,089 to €1,148
- Profit (loss) carried forward +€72,591
up €72,591 (+60.8%), from -€119,483 to -€46,892
- Other debts -€10,341
down €10,341 (-28.5%), from €36,288 to €25,947
- Tax, wage and social debts +€5,489
up €5,489, from €0 to €5,489
- Gross operating margin +€145,178
up €145,178, from -€68,343 to €76,835
- Financial income -€3,686
down €3,686 (-100%), from €3,686 to €0
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.
Derived cash bridge
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 | €9,625 | €76,912 | +€67,288 | +699% |
| Fixed assets | 21/28 | €2,089 | €1,188 | -€901 | -43.1% |
| Tangible fixed assets | 22/27 | €2,089 | €1,148 | -€941 | -45.1% |
| Plant, machinery and equipment | 23 | €2,089 | €1,148 | -€941 | -45.1% |
| Financial fixed assets | 28 | - | €40 | +€40 | |
| Current assets | 29/58 | €7,536 | €75,725 | +€68,189 | +905% |
| Amounts receivable within one year | 40/41 | €2,340 | €0 | -€2,340 | -100% |
| Other amounts receivable | 41 | €2,340 | €0 | -€2,340 | -100% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €5,196 | €75,725 | +€70,529 | +1,357% |
| Total equity and liabilities | 10/49 | €9,625 | €76,912 | +€67,288 | +699% |
| Equity | 10/15 | -€29,381 | €43,210 | +€72,591 | |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €65,102 | €65,102 | = | 0.0% |
| Distributable reserves | 133 | €65,102 | €65,102 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€119,483 | -€46,892 | +€72,591 | +60.8% |
| Amounts payable | 17/49 | €39,006 | €33,702 | -€5,303 | -13.6% |
| Amounts payable within one year | 42/48 | €39,006 | €33,702 | -€5,303 | -13.6% |
| Trade debts | 44 | €2,718 | €2,266 | -€452 | -16.6% |
| Suppliers | 440/4 | €2,718 | €2,266 | -€452 | -16.6% |
| Taxes, remuneration and social security | 45 | €0 | €5,489 | +€5,489 | |
| Taxes | 450/3 | €0 | €5,489 | +€5,489 | |
| Other amounts payable | 47/48 | €36,288 | €25,947 | -€10,341 | -28.5% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,036 | €2,122 | +€87 | +4.3% |
| Other operating charges | 640/8 | €118 | €120 | +€2 | +1.7% |
| Gross operating margin | 9900 | -€68,343 | €76,835 | +€145,178 | |
| Operating profit (loss) | 9901 | -€70,497 | €74,593 | +€145,089 | |
| Financial income | 75/76B | €3,686 | €0 | -€3,686 | -100% |
| Recurring financial income | 75 | €3,686 | €0 | -€3,686 | -100% |
| Financial charges | 65/66B | €2,453 | €1,859 | -€595 | -24.2% |
| Recurring financial charges | 65 | €2,453 | €1,859 | -€595 | -24.2% |
| Profit (loss) for the period before taxes | 9903 | -€69,265 | €72,734 | +€141,998 | |
| Income taxes | 67/77 | €128 | €143 | +€15 | +11.7% |
| Profit (loss) for the period | 9904 | -€69,392 | €72,591 | +€141,983 | |
| Profit (loss) for the period to be appropriated | 9905 | -€69,392 | €72,591 | +€141,983 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.