W.A.Y.S.: 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.
W.A.Y.S.
Largest movements
- Cash +€8,459
up €8,459 (+22.1%), from €38,278 to €46,737
mainly Net result for the year (+€11,188) and Trade debts (+€4,338)
- Receivables within one year +€6,322
new in 2025: €6,322
- Profit (loss) carried forward +€11,188
up €11,188 (+98.8%), from €11,327 to €22,515
- Trade debts +€4,338
up €4,338 (+118%), from €3,682 to €8,021
- Tax, wage and social debts -€3,841
down €3,841 (-46.5%), from €8,253 to €4,412
- Other debts +€2,625
up €2,625 (+26.1%), from €10,063 to €12,688
- Gross operating margin -€13,902
down €13,902 (-38.0%), from €36,591 to €22,689
- Taxes +€2,160
up €2,160 (+54.0%), from €4,000 to €6,160
- Other operating charges +€1,200
up €1,200 (+464%), from €259 to €1,459
- Staff costs +€1,072
up €1,072 (+47.1%), from €2,275 to €3,347
From the 2024 result to the 2025 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 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €39,523 | €53,834 | +€14,310 | +36.2% |
| Fixed assets | 21/28 | €1,245 | €774 | -€471 | -37.8% |
| Tangible fixed assets | 22/27 | €1,245 | €774 | -€471 | -37.8% |
| Furniture and vehicles | 24 | €1,245 | €774 | -€471 | -37.8% |
| Current assets | 29/58 | €38,278 | €53,059 | +€14,781 | +38.6% |
| Amounts receivable within one year | 40/41 | - | €6,322 | +€6,322 | |
| Trade receivables | 40 | - | €6,322 | +€6,322 | |
| Cash at bank and in hand | 54/58 | €38,278 | €46,737 | +€8,459 | +22.1% |
| Total equity and liabilities | 10/49 | €39,523 | €53,834 | +€14,310 | +36.2% |
| Equity | 10/15 | €17,525 | €28,712 | +€11,188 | +63.8% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Contributions outside capital | 11 | €6,197 | €6,197 | = | 0.0% |
| Other | 1109/19 | €6,197 | €6,197 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,327 | €22,515 | +€11,188 | +98.8% |
| Amounts payable | 17/49 | €21,999 | €25,121 | +€3,123 | +14.2% |
| Amounts payable within one year | 42/48 | €21,999 | €25,121 | +€3,123 | +14.2% |
| Trade debts | 44 | €3,682 | €8,021 | +€4,338 | +118% |
| Suppliers | 440/4 | €3,682 | €8,021 | +€4,338 | +118% |
| Taxes, remuneration and social security | 45 | €8,253 | €4,412 | -€3,841 | -46.5% |
| Taxes | 450/3 | €8,253 | €4,412 | -€3,841 | -46.5% |
| Other amounts payable | 47/48 | €10,063 | €12,688 | +€2,625 | +26.1% |
| Non-recurring operating income | 76A | €82 | €886 | +€804 | +975% |
| Remuneration, social security and pensions | 62 | €2,275 | €3,347 | +€1,072 | +47.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €167 | €471 | +€304 | +182% |
| Other operating charges | 640/8 | €259 | €1,459 | +€1,200 | +464% |
| Gross operating margin | 9900 | €36,591 | €22,689 | -€13,902 | -38.0% |
| Operating profit (loss) | 9901 | €33,890 | €17,412 | -€16,478 | -48.6% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €262 | €66 | -€196 | -74.9% |
| Recurring financial charges | 65 | €262 | €66 | -€196 | -74.9% |
| Profit (loss) for the period before taxes | 9903 | €33,628 | €17,347 | -€16,281 | -48.4% |
| Income taxes | 67/77 | €4,000 | €6,160 | +€2,160 | +54.0% |
| Profit (loss) for the period | 9904 | €29,628 | €11,188 | -€18,441 | -62.2% |
| Profit (loss) for the period to be appropriated | 9905 | €29,628 | €11,188 | -€18,441 | -62.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.