WA TECHNOLOGY: what changed
Two fiscal 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.
WA TECHNOLOGY
Largest movements
- Cash +€157,583
up €157,583 (+110.9%), from €142,104 to €299,687
mainly Net result for the year (+€248,713) and Depreciation (+€51,459)
- Current investments +€132,500
new in 2025: €132,500
- Tangible fixed assets -€49,583
down €49,583 (-6.5%), from €758,129 to €708,546
of which Land and buildings: -€41,600
- Reserves +€213,300
up €213,300 (+29.8%), from €714,760 to €928,060
of which Distributable reserves: +€215,160
- Other debts +€34,465
up €34,465 (+47.5%), from €72,534 to €106,998
- Debts after one year -€24,667
down €24,667 (-13.7%), from €179,700 to €155,033
- Trade debts +€23,829
up €23,829 (+591.6%), from €4,028 to €27,856
- Gross operating margin -€99,012
down €99,012 (-19.2%), from €516,392 to €417,380
- Taxes -€25,958
down €25,958 (-19.1%), from €135,934 to €109,976
- Depreciation -€20,192
down €20,192 (-28.2%), from €71,651 to €51,459
- Other operating charges -€6,188
down €6,188 (-60.2%), from €10,280 to €4,092
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.
Cash bridge derived
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 | €1,018,790 | €1,264,813 | +€246,023 | +24.1% |
| Fixed assets | 21/28 | €758,129 | €708,546 | -€49,583 | -6.5% |
| Tangible fixed assets | 22/27 | €758,129 | €708,546 | -€49,583 | -6.5% |
| Land and buildings | 22 | €731,215 | €689,615 | -€41,600 | -5.7% |
| Plant, machinery and equipment | 23 | €3,833 | €2,324 | -€1,509 | -39.4% |
| Furniture and vehicles | 24 | €23,081 | €16,607 | -€6,473 | -28.0% |
| Current assets | 29/58 | €260,660 | €556,267 | +€295,606 | +113.4% |
| Amounts receivable within one year | 40/41 | €117,102 | €122,050 | +€4,948 | +4.2% |
| Trade receivables | 40 | €109,300 | €108,900 | -€400 | -0.4% |
| Other amounts receivable | 41 | €7,802 | €13,150 | +€5,348 | +68.6% |
| Current investments | 50/53 | - | €132,500 | +€132,500 | |
| Cash at bank and in hand | 54/58 | €142,104 | €299,687 | +€157,583 | +110.9% |
| Deferred charges and accrued income | 490/1 | €1,454 | €2,029 | +€575 | +39.6% |
| Total equity and liabilities | 10/49 | €1,018,790 | €1,264,813 | +€246,023 | +24.1% |
| Equity | 10/15 | €723,529 | €936,842 | +€213,313 | +29.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €714,760 | €928,060 | +€213,300 | +29.8% |
| Non-distributable reserves | 130/1 | €1,860 | €0 | -€1,860 | -100.0% |
| Reserves not available under the articles | 1311 | €1,860 | €0 | -€1,860 | -100.0% |
| Distributable reserves | 133 | €712,900 | €928,060 | +€215,160 | +30.2% |
| Profit (loss) carried forward | 14 | €2,569 | €2,582 | +€13 | +0.5% |
| Amounts payable | 17/49 | €295,261 | €327,970 | +€32,710 | +11.1% |
| Amounts payable after more than one year | 17 | €179,700 | €155,033 | -€24,667 | -13.7% |
| Financial debts | 170/4 | €179,700 | €155,033 | -€24,667 | -13.7% |
| Amounts payable within one year | 42/48 | €114,103 | €171,480 | +€57,377 | +50.3% |
| Current portion of amounts payable after more than one year | 42 | €24,667 | €24,667 | = | 0.0% |
| Trade debts | 44 | €4,028 | €27,856 | +€23,829 | +591.6% |
| Suppliers | 440/4 | €4,028 | €27,856 | +€23,829 | +591.6% |
| Taxes, remuneration and social security | 45 | €12,875 | €11,958 | -€917 | -7.1% |
| Taxes | 450/3 | €12,875 | €11,958 | -€917 | -7.1% |
| Other amounts payable | 47/48 | €72,534 | €106,998 | +€34,465 | +47.5% |
| Accrued charges and deferred income | 492/3 | €1,458 | €1,458 | = | 0.0% |
| Non-recurring operating income | 76A | €0 | €3,583 | +€3,583 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €71,651 | €51,459 | -€20,192 | -28.2% |
| Other operating charges | 640/8 | €10,280 | €4,092 | -€6,188 | -60.2% |
| Gross operating margin | 9900 | €516,392 | €417,380 | -€99,012 | -19.2% |
| Operating profit (loss) | 9901 | €434,461 | €361,829 | -€72,632 | -16.7% |
| Financial income | 75/76B | - | €1,456 | +€1,456 | |
| Recurring financial income | 75 | - | €1,456 | +€1,456 | |
| Financial charges | 65/66B | €5,851 | €4,595 | -€1,256 | -21.5% |
| Recurring financial charges | 65 | €5,851 | €4,595 | -€1,256 | -21.5% |
| Profit (loss) for the period before taxes | 9903 | €428,611 | €358,690 | -€69,921 | -16.3% |
| Income taxes | 67/77 | €135,934 | €109,976 | -€25,958 | -19.1% |
| Profit (loss) for the period | 9904 | €292,676 | €248,713 | -€43,963 | -15.0% |
| Profit (loss) for the period to be appropriated | 9905 | €292,676 | €248,713 | -€43,963 | -15.0% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.