WA95: 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.
WA95
Largest movements
- Receivables within one year +€421,095
up €421,095 (+199571.1%), from €211 to €421,306
of which Other amounts receivable: +€213,105
- Stocks and contracts -€43,149
down €43,149 (-64.0%), from €67,421 to €24,272
- Other debts +€279,755
new in 2025: €279,755
- Profit (loss) carried forward +€76,887
no longer reported in 2025 (was -€76,887)
- Debts after one year -€67,602
no longer reported in 2025 (was €67,602)
- Tax, wage and social debts +€59,567
new in 2025: €59,567
- Current portion of long-term debt +€29,637
new in 2025: €29,637
- Gross operating margin +€318,343
up €318,343 (+256.3%), from €124,215 to €442,558
- Taxes +€81,834
new in 2025: €81,834
- Depreciation -€19,517
no longer reported in 2025 (was €19,517)
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 | €67,974 | €448,579 | +€380,605 | +559.9% |
| Current assets | 29/58 | €67,974 | €448,579 | +€380,605 | +559.9% |
| Stocks and contracts in progress | 3 | €67,421 | €24,272 | -€43,149 | -64.0% |
| Stocks | 30/36 | €67,421 | €24,272 | -€43,149 | -64.0% |
| Amounts receivable within one year | 40/41 | €211 | €421,306 | +€421,095 | +199571.1% |
| Trade receivables | 40 | - | €207,990 | +€207,990 | |
| Other amounts receivable | 41 | €211 | €213,316 | +€213,105 | +100997.6% |
| Cash at bank and in hand | 54/58 | €342 | €3,001 | +€2,659 | +777.5% |
| Total equity and liabilities | 10/49 | €67,974 | €448,579 | +€380,605 | +559.9% |
| Equity | 10/15 | -€145 | €76,742 | +€76,887 | |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €14,769 | €14,769 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Legal reserve | 130 | €6,197 | €6,197 | = | 0.0% |
| Distributable reserves | 133 | €8,572 | €8,572 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€76,887 | - | +€76,887 | |
| Amounts payable | 17/49 | €68,119 | €371,837 | +€303,718 | +445.9% |
| Amounts payable after more than one year | 17 | €67,602 | - | -€67,602 | |
| Other amounts payable | 178/9 | €67,602 | - | -€67,602 | |
| Amounts payable within one year | 42/48 | €516 | €371,836 | +€371,320 | +71961.2% |
| Current portion of amounts payable after more than one year | 42 | - | €29,637 | +€29,637 | |
| Trade debts | 44 | €516 | €2,877 | +€2,361 | +457.6% |
| Suppliers | 440/4 | €516 | €2,877 | +€2,361 | +457.6% |
| Taxes, remuneration and social security | 45 | - | €59,567 | +€59,567 | |
| Taxes | 450/3 | - | €59,567 | +€59,567 | |
| Other amounts payable | 47/48 | - | €279,755 | +€279,755 | |
| Accrued charges and deferred income | 492/3 | €1 | €1 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,517 | - | -€19,517 | |
| Other operating charges | 640/8 | €35 | €3,377 | +€3,342 | +9548.6% |
| Non-recurring operating charges | 66A | €20,642 | - | -€20,642 | |
| Gross operating margin | 9900 | €124,215 | €442,558 | +€318,343 | +256.3% |
| Operating profit (loss) | 9901 | €84,021 | €439,181 | +€355,160 | +422.7% |
| Financial income | 75/76B | €34 | - | -€34 | |
| Recurring financial income | 75 | €34 | - | -€34 | |
| Financial charges | 65/66B | €726 | €705 | -€21 | -2.9% |
| Recurring financial charges | 65 | €726 | €705 | -€21 | -2.9% |
| Profit (loss) for the period before taxes | 9903 | €83,329 | €438,476 | +€355,147 | +426.2% |
| Income taxes | 67/77 | - | €81,834 | +€81,834 | |
| Profit (loss) for the period | 9904 | €83,329 | €356,642 | +€273,313 | +328.0% |
| Profit (loss) for the period to be appropriated | 9905 | €83,329 | €356,642 | +€273,313 | +328.0% |
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 9 October 2026 via checked.be.