'T WAGONNEKE: 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.
'T WAGONNEKE
Largest movements
- Receivables within one year +€114,875
up €114,875 (+5,403%), from €2,126 to €117,001
of which Trade receivables: +€99,080
- Trade debts +€96,054
up €96,054 (+16,978%), from €566 to €96,619
- Tax, wage and social debts +€29,053
up €29,053 (+2,075%), from €1,400 to €30,453
of which Remuneration and social security: +€18,200
- Profit (loss) carried forward -€10,231
down €10,231 (-3.7%), from -€273,226 to -€283,458
- Gross operating margin -€27,328
down €27,328 (-75.8%), from €36,038 to €8,709
- Staff costs +€1,014
up €1,014 (+5.8%), from €17,438 to €18,451
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 | €303,007 | €417,883 | +€114,875 | +37.9% |
| Fixed assets | 21/28 | €293,653 | €293,653 | = | 0.0% |
| Tangible fixed assets | 22/27 | €290,756 | €290,756 | = | 0.0% |
| Plant, machinery and equipment | 23 | €187,225 | €187,225 | = | 0.0% |
| Furniture and vehicles | 24 | €103,531 | €103,531 | = | 0.0% |
| Financial fixed assets | 28 | €2,897 | €2,897 | = | 0.0% |
| Current assets | 29/58 | €9,355 | €124,230 | +€114,875 | +1,228% |
| Amounts receivable within one year | 40/41 | €2,126 | €117,001 | +€114,875 | +5,403% |
| Trade receivables | 40 | €654 | €99,734 | +€99,080 | +15,150% |
| Other amounts receivable | 41 | €1,472 | €17,268 | +€15,796 | +1,073% |
| Cash at bank and in hand | 54/58 | €7,228 | €7,228 | = | 0.0% |
| Total equity and liabilities | 10/49 | €303,007 | €417,883 | +€114,875 | +37.9% |
| Equity | 10/15 | €84,928 | €74,697 | -€10,231 | -12.0% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €339,563 | €339,563 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €337,704 | €337,704 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€273,226 | -€283,458 | -€10,231 | -3.7% |
| Amounts payable | 17/49 | €218,079 | €343,186 | +€125,107 | +57.4% |
| Amounts payable after more than one year | 17 | €216,113 | €216,113 | = | 0.0% |
| Financial debts | 170/4 | €216,113 | €216,113 | = | 0.0% |
| Amounts payable within one year | 42/48 | €1,966 | €127,073 | +€125,107 | +6,364% |
| Trade debts | 44 | €566 | €96,619 | +€96,054 | +16,978% |
| Suppliers | 440/4 | €566 | €96,619 | +€96,054 | +16,978% |
| Taxes, remuneration and social security | 45 | €1,400 | €30,453 | +€29,053 | +2,075% |
| Taxes | 450/3 | - | €10,853 | +€10,853 | |
| Remuneration and social security | 454/9 | €1,400 | €19,600 | +€18,200 | +1,300% |
| Remuneration, social security and pensions | 62 | €17,438 | €18,451 | +€1,014 | +5.8% |
| Other operating charges | 640/8 | €152 | €164 | +€12 | +7.9% |
| Gross operating margin | 9900 | €36,038 | €8,709 | -€27,328 | -75.8% |
| Operating profit (loss) | 9901 | €18,448 | -€9,906 | -€28,354 | |
| Financial charges | 65/66B | €126 | €325 | +€199 | +158% |
| Recurring financial charges | 65 | €126 | €325 | +€199 | +158% |
| Profit (loss) for the period before taxes | 9903 | €18,322 | -€10,231 | -€28,554 | |
| Profit (loss) for the period | 9904 | €18,322 | -€10,231 | -€28,554 | |
| Profit (loss) for the period to be appropriated | 9905 | €18,322 | -€10,231 | -€28,554 |
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 20 October 2026 via checked.be.