NOW ON THE WAVE: what changed
What changed
NOW ON THE WAVE
NACE 62.200, Computer consultancy and computer facilities management
filed annual accounts (NBB)
Net result for the year
€34,520
2024 · €10,160+€24,359
Equity
€59,801
2024 · €25,281+€34,520
Cash
€32,909
2024 · €10,711+€22,197
Balance sheet total
€687,913
2024 · €701,725-€13,812
Largest movements
Assets
- Tangible fixed assets -€26,863
down €26,863 (-4.3%), from €620,462 to €593,599
of which Land and buildings: -€15,733
- Cash +€22,197
up €22,197 (+207%), from €10,711 to €32,909
mainly Depreciation (+€36,520) and Net result for the year (+€34,520)
- Formation expenses -€8,665
down €8,665 (-14.0%), from €61,813 to €53,148
Equity and liabilities
- Profit (loss) carried forward +€34,520
up €34,520 (+36.6%), from -€94,219 to -€59,699
- Debts after one year -€32,420
down €32,420 (-7.1%), from €456,610 to €424,190
of which Financial debts: -€32,420
- Other debts -€19,169
down €19,169 (-10.3%), from €186,255 to €167,086
Income statement
- Gross operating margin +€31,044
up €31,044 (+46.7%), from €66,430 to €97,474
- Staff costs +€5,933
new in 2025: €5,933
- Other operating charges +€1,589
up €1,589 (+29.4%), from €5,412 to €7,001
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.
Result 2024
€10,160
Gross operating margin
+€31,044
Staff costs
-€5,933
Depreciation
-€9
Other operating charges
-€1,589
Financial income
-€80
Financial charges
+€925
Result 2025
€34,520
raises the resultlowers the result
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.
From operations
+€54,910
Investment
-€993
Financing
-€31,720
Cash 2024
€10,711
From operations (derived)
+€54,910
Net result for the year
+€34,520
Depreciation
+€36,520
Receivables within one year
+€739
Deferred charges and accrued income
-€257
Trade debts
+€157
Tax, wage and social debts
+€3,250
Other debts
-€19,169
Accrued charges and deferred income
-€850
Investment (derived)
-€993
Investment in fixed assets (net)
-€993
Financing
-€31,720
Debts after one year
-€32,420
Current portion of long-term debt
+€700
Cash 2025
€32,909
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €701,725 | €687,913 | -€13,812 | -2.0% |
| Formation expenses | 20 | €61,813 | €53,148 | -€8,665 | -14.0% |
| Fixed assets | 21/28 | €620,462 | €593,599 | -€26,863 | -4.3% |
| Tangible fixed assets | 22/27 | €620,462 | €593,599 | -€26,863 | -4.3% |
| Land and buildings | 22 | €552,300 | €536,567 | -€15,733 | -2.8% |
| Plant, machinery and equipment | 23 | €67,735 | €56,177 | -€11,557 | -17.1% |
| Furniture and vehicles | 24 | €427 | €855 | +€428 | +100% |
| Current assets | 29/58 | €19,450 | €41,166 | +€21,715 | +112% |
| Amounts receivable within one year | 40/41 | €8,739 | €8,000 | -€739 | -8.5% |
| Trade receivables | 40 | €659 | €8,000 | +€7,341 | +1,114% |
| Other amounts receivable | 41 | €8,080 | - | -€8,080 | |
| Cash at bank and in hand | 54/58 | €10,711 | €32,909 | +€22,197 | +207% |
| Deferred charges and accrued income | 490/1 | - | €257 | +€257 | |
| Total equity and liabilities | 10/49 | €701,725 | €687,913 | -€13,812 | -2.0% |
| Equity | 10/15 | €25,281 | €59,801 | +€34,520 | +137% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Revaluation surpluses | 12 | €41,500 | €41,500 | = | 0.0% |
| Reserves | 13 | €3,000 | €3,000 | = | 0.0% |
| Distributable reserves | 133 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€94,219 | -€59,699 | +€34,520 | +36.6% |
| Amounts payable | 17/49 | €676,443 | €628,112 | -€48,331 | -7.1% |
| Amounts payable after more than one year | 17 | €456,610 | €424,190 | -€32,420 | -7.1% |
| Financial debts | 170/4 | €452,060 | €419,640 | -€32,420 | -7.2% |
| Other amounts payable | 178/9 | €4,550 | €4,550 | = | 0.0% |
| Amounts payable within one year | 42/48 | €218,634 | €203,572 | -€15,062 | -6.9% |
| Current portion of amounts payable after more than one year | 42 | €31,650 | €32,350 | +€700 | +2.2% |
| Trade debts | 44 | €659 | €816 | +€157 | +23.8% |
| Suppliers | 440/4 | €659 | €816 | +€157 | +23.8% |
| Taxes, remuneration and social security | 45 | €70 | €3,320 | +€3,250 | +4,657% |
| Taxes | 450/3 | €70 | €3,214 | +€3,144 | +4,506% |
| Remuneration and social security | 454/9 | - | €106 | +€106 | |
| Other amounts payable | 47/48 | €186,255 | €167,086 | -€19,169 | -10.3% |
| Accrued charges and deferred income | 492/3 | €1,200 | €350 | -€850 | -70.8% |
| Remuneration, social security and pensions | 62 | - | €5,933 | +€5,933 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,512 | €36,520 | +€9 | 0.0% |
| Other operating charges | 640/8 | €5,412 | €7,001 | +€1,589 | +29.4% |
| Gross operating margin | 9900 | €66,430 | €97,474 | +€31,044 | +46.7% |
| Operating profit (loss) | 9901 | €24,506 | €48,020 | +€23,514 | +96.0% |
| Financial income | 75/76B | €80 | - | -€80 | |
| Recurring financial income | 75 | €80 | - | -€80 | |
| Financial charges | 65/66B | €14,426 | €13,500 | -€925 | -6.4% |
| Recurring financial charges | 65 | €14,426 | €13,500 | -€925 | -6.4% |
| Profit (loss) for the period before taxes | 9903 | €10,160 | €34,520 | +€24,359 | +240% |
| Profit (loss) for the period | 9904 | €10,160 | €34,520 | +€24,359 | +240% |
| Profit (loss) for the period to be appropriated | 9905 | €10,160 | €34,520 | +€24,359 | +240% |
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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 8 November 2026 via checked.be.