LA PAIX WAVRE: what changed
LA PAIX WAVRE
Largest movements
- Tangible fixed assets +€587,243
up €587,243 (+408%), from €143,904 to €731,148
of which Land and buildings: +€579,620
- Cash -€492,296
down €492,296 (-73.2%), from €672,187 to €179,891
mainly Investment in fixed assets (net) (-€623,273) and Receivables within one year (-€452,068)
- Receivables within one year +€452,068
up €452,068 (+2,208%), from €20,476 to €472,543
of which Other amounts receivable: +€356,386
- Intangible fixed assets -€25,814
down €25,814 (-12.5%), from €205,715 to €179,901
- Debts after one year +€219,970
up €219,970 (+84.8%), from €259,383 to €479,353
of which Financial debts: +€209,970
- Current portion of long-term debt +€157,697
up €157,697 (+101%), from €155,553 to €313,251
- Profit (loss) carried forward +€124,909
up €124,909 (+42.3%), from €295,106 to €420,016
- Trade debts +€57,890
up €57,890 (+54.9%), from €105,481 to €163,371
- Tax, wage and social debts -€25,149
down €25,149 (-17.6%), from €142,629 to €117,481
of which Taxes: -€16,190
- Financial charges +€65,893
up €65,893 (+64.0%), from €103,037 to €168,930
- Gross operating margin +€45,202
up €45,202 (+5.1%), from €892,024 to €937,226
- Financial income +€16,913
up €16,913 (+64,356%), from €26 to €16,939
of which Non-recurring financial income: +€16,436
- Staff costs +€15,220
up €15,220 (+3.0%), from €514,959 to €530,179
- Other operating charges +€13,566
up €13,566 (+105%), from €12,897 to €26,462
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,112,701 | €1,641,329 | +€528,628 | +47.5% |
| Fixed assets | 21/28 | €396,958 | €958,388 | +€561,429 | +141% |
| Intangible fixed assets | 21 | €205,715 | €179,901 | -€25,814 | -12.5% |
| Tangible fixed assets | 22/27 | €143,904 | €731,148 | +€587,243 | +408% |
| Land and buildings | 22 | - | €579,620 | +€579,620 | |
| Furniture and vehicles | 24 | €80,047 | €75,580 | -€4,467 | -5.6% |
| Other tangible fixed assets | 26 | €63,858 | €65,948 | +€2,090 | +3.3% |
| Assets under construction and advance payments | 27 | - | €10,000 | +€10,000 | |
| Financial fixed assets | 28 | €47,339 | €47,339 | = | 0.0% |
| Current assets | 29/58 | €715,743 | €682,942 | -€32,801 | -4.6% |
| Stocks and contracts in progress | 3 | €12,445 | €12,445 | = | 0.0% |
| Stocks | 30/36 | €12,445 | €12,445 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €20,476 | €472,543 | +€452,068 | +2,208% |
| Trade receivables | 40 | €20,476 | €116,157 | +€95,681 | +467% |
| Other amounts receivable | 41 | €0 | €356,386 | +€356,386 | |
| Current investments | 50/53 | - | €6,980 | +€6,980 | |
| Cash at bank and in hand | 54/58 | €672,187 | €179,891 | -€492,296 | -73.2% |
| Deferred charges and accrued income | 490/1 | €10,636 | €11,083 | +€448 | +4.2% |
| Total equity and liabilities | 10/49 | €1,112,701 | €1,641,329 | +€528,628 | +47.5% |
| Equity | 10/15 | €305,106 | €430,016 | +€124,909 | +40.9% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €295,106 | €420,016 | +€124,909 | +42.3% |
| Amounts payable | 17/49 | €807,595 | €1,211,314 | +€403,719 | +50.0% |
| Amounts payable after more than one year | 17 | €259,383 | €479,353 | +€219,970 | +84.8% |
| Financial debts | 170/4 | €259,383 | €469,353 | +€209,970 | +80.9% |
| Other amounts payable | 178/9 | - | €10,000 | +€10,000 | |
| Amounts payable within one year | 42/48 | €548,212 | €731,961 | +€183,749 | +33.5% |
| Current portion of amounts payable after more than one year | 42 | €155,553 | €313,251 | +€157,697 | +101% |
| Trade debts | 44 | €105,481 | €163,371 | +€57,890 | +54.9% |
| Suppliers | 440/4 | €105,481 | €163,371 | +€57,890 | +54.9% |
| Taxes, remuneration and social security | 45 | €142,629 | €117,481 | -€25,149 | -17.6% |
| Taxes | 450/3 | €60,320 | €44,130 | -€16,190 | -26.8% |
| Remuneration and social security | 454/9 | €82,309 | €73,350 | -€8,959 | -10.9% |
| Other amounts payable | 47/48 | €144,548 | €137,859 | -€6,689 | -4.6% |
| Remuneration, social security and pensions | 62 | €514,959 | €530,179 | +€15,220 | +3.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €58,532 | €61,843 | +€3,311 | +5.7% |
| Other operating charges | 640/8 | €12,897 | €26,462 | +€13,566 | +105% |
| Operating charges capitalised as restructuring costs | 649 | -€2,780 | - | +€2,780 | |
| Gross operating margin | 9900 | €892,024 | €937,226 | +€45,202 | +5.1% |
| Operating profit (loss) | 9901 | €308,416 | €318,741 | +€10,325 | +3.3% |
| Financial income | 75/76B | €26 | €16,939 | +€16,913 | +64,356% |
| Recurring financial income | 75 | €26 | €503 | +€477 | +1,814% |
| Non-recurring financial income | 76B | - | €16,436 | +€16,436 | |
| Financial charges | 65/66B | €103,037 | €168,930 | +€65,893 | +64.0% |
| Recurring financial charges | 65 | €103,037 | €168,930 | +€65,893 | +64.0% |
| Profit (loss) for the period before taxes | 9903 | €205,406 | €166,751 | -€38,655 | -18.8% |
| Income taxes | 67/77 | €33,454 | €41,841 | +€8,388 | +25.1% |
| Profit (loss) for the period | 9904 | €171,952 | €124,909 | -€47,043 | -27.4% |
| Profit (loss) for the period to be appropriated | 9905 | €171,952 | €124,909 | -€47,043 | -27.4% |
Next steps
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 2 November 2026 via checked.be.