Just WAOUH: 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.
Just WAOUH
Largest movements
- Financial fixed assets +€94,400
up €94,400 (+123%), from €76,725 to €171,125
- Receivables within one year -€8,433
down €8,433 (-53.4%), from €15,803 to €7,370
of which Trade receivables: -€6,896
- Tangible fixed assets +€7,185
up €7,185 (+235%), from €3,060 to €10,244
- Cash +€2,213
up €2,213 (+28.3%), from €7,820 to €10,032
mainly Net result for the year (+€63,651) and Tax, wage and social debts (+€17,860)
- Reserves +€63,651
up €63,651 (+96.4%), from €65,996 to €129,647
- Tax, wage and social debts +€17,860
up €17,860 (+54.6%), from €32,688 to €50,548
- Trade debts +€11,992
up €11,992 (+62.1%), from €19,309 to €31,301
- Write-downs +€9,245
new in 2024: €9,245
- Taxes -€7,298
down €7,298 (-28.3%), from €25,756 to €18,458
- Gross operating margin +€4,317
up €4,317 (+4.5%), from €96,693 to €101,010
- Depreciation +€2,605
up €2,605 (+83.7%), from €3,112 to €5,717
- Other operating charges +€2,456
up €2,456 (+237%), from €1,037 to €3,493
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €120,493 | €216,152 | +€95,659 | +79.4% |
| Formation expenses | 20 | €921 | €691 | -€230 | -24.9% |
| Fixed assets | 21/28 | €95,949 | €197,664 | +€101,715 | +106% |
| Intangible fixed assets | 21 | €16,164 | €16,295 | +€130 | +0.8% |
| Tangible fixed assets | 22/27 | €3,060 | €10,244 | +€7,185 | +235% |
| Furniture and vehicles | 24 | €3,060 | €10,244 | +€7,185 | +235% |
| Financial fixed assets | 28 | €76,725 | €171,125 | +€94,400 | +123% |
| Current assets | 29/58 | €23,623 | €17,797 | -€5,826 | -24.7% |
| Amounts receivable within one year | 40/41 | €15,803 | €7,370 | -€8,433 | -53.4% |
| Trade receivables | 40 | €14,266 | €7,370 | -€6,896 | -48.3% |
| Other amounts receivable | 41 | €1,537 | - | -€1,537 | |
| Cash at bank and in hand | 54/58 | €7,820 | €10,032 | +€2,213 | +28.3% |
| Deferred charges and accrued income | 490/1 | - | €395 | +€395 | |
| Total equity and liabilities | 10/49 | €120,493 | €216,152 | +€95,659 | +79.4% |
| Equity | 10/15 | €68,496 | €132,147 | +€63,651 | +92.9% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €65,996 | €129,647 | +€63,651 | +96.4% |
| Distributable reserves | 133 | €65,996 | €129,647 | +€63,651 | +96.4% |
| Amounts payable | 17/49 | €51,997 | €84,005 | +€32,008 | +61.6% |
| Amounts payable within one year | 42/48 | €51,997 | €84,005 | +€32,008 | +61.6% |
| Trade debts | 44 | €19,309 | €31,301 | +€11,992 | +62.1% |
| Suppliers | 440/4 | €19,309 | €31,301 | +€11,992 | +62.1% |
| Taxes, remuneration and social security | 45 | €32,688 | €50,548 | +€17,860 | +54.6% |
| Taxes | 450/3 | €32,688 | €50,548 | +€17,860 | +54.6% |
| Other amounts payable | 47/48 | - | €2,155 | +€2,155 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,112 | €5,717 | +€2,605 | +83.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €9,245 | +€9,245 | |
| Other operating charges | 640/8 | €1,037 | €3,493 | +€2,456 | +237% |
| Gross operating margin | 9900 | €96,693 | €101,010 | +€4,317 | +4.5% |
| Operating profit (loss) | 9901 | €92,543 | €82,555 | -€9,988 | -10.8% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €791 | €447 | -€344 | -43.5% |
| Recurring financial charges | 65 | €791 | €447 | -€344 | -43.5% |
| Profit (loss) for the period before taxes | 9903 | €91,752 | €82,109 | -€9,644 | -10.5% |
| Income taxes | 67/77 | €25,756 | €18,458 | -€7,298 | -28.3% |
| Profit (loss) for the period | 9904 | €65,996 | €63,651 | -€2,345 | -3.6% |
| Profit (loss) for the period to be appropriated | 9905 | €65,996 | €63,651 | -€2,345 | -3.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.