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C-WAVRE: what changed

What changed

C-WAVRE

BE 1010.344.674
NACE 56.112, Limited-service restaurants, excluding mobile food services
filed annual accounts (NBB)
Financial years compared with
Net result for the year
€104,945
2024 · €10,264+€94,681
Equity
€125,209
2024 · €20,264+€104,945
Cash
€135,973
2024 · €47,147+€88,826
Balance sheet total
€271,330
2024 · €133,671+€137,659

Largest movements

2024 to 2025
Assets
  • Cash +€88,826

    up €88,826 (+188%), from €47,147 to €135,973

    mainly Net result for the year (+€104,945) and Tax, wage and social debts (+€32,923)

  • Receivables within one year +€41,114

    up €41,114 (+145%), from €28,375 to €69,489

    of which Other amounts receivable: +€43,355

  • Intangible fixed assets +€7,293

    up €7,293 (+26.1%), from €27,900 to €35,193

  • Stocks and contracts +€5,167

    up €5,167 (+582%), from €888 to €6,055

  • Tangible fixed assets -€4,741

    down €4,741 (-16.3%), from €29,155 to €24,414

    of which Furniture and vehicles: -€4,032

Equity and liabilities
  • Reserves +€100,000

    up €100,000 (+1,000%), from €10,000 to €110,000

  • Tax, wage and social debts +€32,923

    up €32,923 (+235%), from €14,026 to €46,949

    of which Taxes: +€26,387

  • Other debts -€17,867

    down €17,867 (-32.9%), from €54,377 to €36,510

  • Trade debts +€17,658

    up €17,658 (+39.2%), from €45,004 to €62,662

  • Profit (loss) carried forward +€4,945

    up €4,945 (+1,877%), from €264 to €5,209

Income statement
  • Gross operating margin +€229,682

    up €229,682 (+632%), from €36,355 to €266,037

  • Staff costs +€101,341

    up €101,341 (+574%), from €17,653 to €118,993

  • Taxes +€27,495

    up €27,495 (+2,017%), from €1,363 to €28,858

  • Depreciation +€5,997

    up €5,997 (+101%), from €5,946 to €11,942

Change in the result, 2024 to 2025

effect on the result

For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.

Result 2024 €10,264
Gross operating margin +€229,682
Staff costs -€101,341
Depreciation -€5,997
Other operating charges -€90
Financial income +€59
Financial charges -€137
Taxes -€27,495
Result 2025 €104,945
raises the resultlowers the result

Derived cash bridge

cash 2024 to 2025

The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.

From operations +€103,320
Investment -€14,494
Financing €0
Cash 2024 €47,147
Net result for the year +€104,945
Depreciation +€11,942
Stocks and contracts -€5,167
Receivables within one year -€41,114
Trade debts +€17,658
Tax, wage and social debts +€32,923
Other debts -€17,867
Investment in fixed assets (net) -€14,494
Cash 2025 €135,973
brings cash intakes cash out
Every line side by side 43 lines
Line Code 2024 2025 Change %
Total assets 20/58 €133,671 €271,330 +€137,659 +103%
Fixed assets 21/28 €57,261 €59,813 +€2,552 +4.5%
Intangible fixed assets 21 €27,900 €35,193 +€7,293 +26.1%
Tangible fixed assets 22/27 €29,155 €24,414 -€4,741 -16.3%
Furniture and vehicles 24 €22,421 €18,389 -€4,032 -18.0%
Other tangible fixed assets 26 €6,734 €6,026 -€709 -10.5%
Financial fixed assets 28 €206 €206 = 0.0%
Current assets 29/58 €76,410 €211,517 +€135,107 +177%
Stocks and contracts in progress 3 €888 €6,055 +€5,167 +582%
Stocks 30/36 €888 €6,055 +€5,167 +582%
Amounts receivable within one year 40/41 €28,375 €69,489 +€41,114 +145%
Trade receivables 40 €26,299 €24,057 -€2,241 -8.5%
Other amounts receivable 41 €2,077 €45,432 +€43,355 +2,088%
Cash at bank and in hand 54/58 €47,147 €135,973 +€88,826 +188%
Total equity and liabilities 10/49 €133,671 €271,330 +€137,659 +103%
Equity 10/15 €20,264 €125,209 +€104,945 +518%
Contributions 10/11 €10,000 €10,000 = 0.0%
Contributions outside capital 11 €10,000 €10,000 = 0.0%
Other 1109/19 €10,000 €10,000 = 0.0%
Reserves 13 €10,000 €110,000 +€100,000 +1,000%
Distributable reserves 133 €10,000 €110,000 +€100,000 +1,000%
Profit (loss) carried forward 14 €264 €5,209 +€4,945 +1,877%
Amounts payable 17/49 €113,408 €146,121 +€32,714 +28.8%
Amounts payable within one year 42/48 €113,408 €146,121 +€32,714 +28.8%
Trade debts 44 €45,004 €62,662 +€17,658 +39.2%
Suppliers 440/4 €45,004 €62,662 +€17,658 +39.2%
Taxes, remuneration and social security 45 €14,026 €46,949 +€32,923 +235%
Taxes 450/3 €5,459 €31,847 +€26,387 +483%
Remuneration and social security 454/9 €8,567 €15,102 +€6,535 +76.3%
Other amounts payable 47/48 €54,377 €36,510 -€17,867 -32.9%
Remuneration, social security and pensions 62 €17,653 €118,993 +€101,341 +574%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €5,946 €11,942 +€5,997 +101%
Other operating charges 640/8 €200 €290 +€90 +45.0%
Gross operating margin 9900 €36,355 €266,037 +€229,682 +632%
Operating profit (loss) 9901 €12,557 €134,811 +€122,254 +974%
Financial income 75/76B - €59 +€59
Recurring financial income 75 - €59 +€59
Financial charges 65/66B €930 €1,067 +€137 +14.7%
Recurring financial charges 65 €930 €1,067 +€137 +14.7%
Profit (loss) for the period before taxes 9903 €11,627 €133,803 +€122,176 +1,051%
Income taxes 67/77 €1,363 €28,858 +€27,495 +2,017%
Profit (loss) for the period 9904 €10,264 €104,945 +€94,681 +923%
Profit (loss) for the period to be appropriated 9905 €10,264 €104,945 +€94,681 +923%
Calculation and sources

Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.