WAA: 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.
WAA
Largest movements
- Receivables within one year -€12,939
down €12,939 (-76.9%), from €16,836 to €3,896
of which Other amounts receivable: -€8,016
- Cash -€5,911
down €5,911 (-39.4%), from €15,004 to €9,092
mainly Trade debts (-€9,158) and Net result for the year (-€5,426)
- Tangible fixed assets -€444
down €444 (-100%), from €444 to €0
of which Plant, machinery and equipment: -€444
- Trade debts -€9,158
no longer reported in 2025 (was €9,158)
- Profit (loss) carried forward -€5,426
down €5,426 (-39.7%), from €13,669 to €8,243
- Debts after one year -€3,194
no longer reported in 2025 (was €3,194)
- Tax, wage and social debts -€2,516
down €2,516 (-42.9%), from €5,872 to €3,356
of which Taxes: -€1,875
- Contributions +€1,000
new in 2025: €1,000
- Gross operating margin -€43,377
down €43,377, from €40,207 to -€3,170
- Staff costs -€33,074
down €33,074 (-100%), from €33,074 to €0
- Taxes -€3,484
no longer reported in 2025 (was €3,484)
- Other operating charges -€1,644
down €1,644 (-81.7%), from €2,013 to €369
- Financial charges +€1,324
up €1,324 (+1,112%), from €119 to €1,443
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 | €32,283 | €12,989 | -€19,294 | -59.8% |
| Fixed assets | 21/28 | €444 | €0 | -€444 | -100% |
| Tangible fixed assets | 22/27 | €444 | €0 | -€444 | -100% |
| Plant, machinery and equipment | 23 | €444 | €0 | -€444 | -100% |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Current assets | 29/58 | €31,840 | €12,989 | -€18,851 | -59.2% |
| Amounts receivable within one year | 40/41 | €16,836 | €3,896 | -€12,939 | -76.9% |
| Trade receivables | 40 | €4,923 | €0 | -€4,923 | -100% |
| Other amounts receivable | 41 | €11,912 | €3,896 | -€8,016 | -67.3% |
| Cash at bank and in hand | 54/58 | €15,004 | €9,092 | -€5,911 | -39.4% |
| Total equity and liabilities | 10/49 | €32,283 | €12,989 | -€19,294 | -59.8% |
| Equity | 10/15 | €14,059 | €9,633 | -€4,426 | -31.5% |
| Contributions | 10/11 | - | €1,000 | +€1,000 | |
| Reserves | 13 | €390 | €390 | = | 0.0% |
| Non-distributable reserves | 130/1 | €390 | €390 | = | 0.0% |
| Reserves not available under the articles | 1311 | €390 | €390 | = | 0.0% |
| Profit (loss) carried forward | 14 | €13,669 | €8,243 | -€5,426 | -39.7% |
| Amounts payable | 17/49 | €18,224 | €3,356 | -€14,868 | -81.6% |
| Amounts payable after more than one year | 17 | €3,194 | - | -€3,194 | |
| Financial debts | 170/4 | €3,194 | - | -€3,194 | |
| Amounts payable within one year | 42/48 | €15,030 | €3,356 | -€11,675 | -77.7% |
| Trade debts | 44 | €9,158 | - | -€9,158 | |
| Suppliers | 440/4 | €9,158 | - | -€9,158 | |
| Taxes, remuneration and social security | 45 | €5,872 | €3,356 | -€2,516 | -42.9% |
| Taxes | 450/3 | €1,875 | - | -€1,875 | |
| Remuneration and social security | 454/9 | €3,997 | €3,356 | -€641 | -16.0% |
| Remuneration, social security and pensions | 62 | €33,074 | €0 | -€33,074 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €944 | €444 | -€500 | -53.0% |
| Other operating charges | 640/8 | €2,013 | €369 | -€1,644 | -81.7% |
| Non-recurring operating charges | 66A | €5 | - | -€5 | |
| Gross operating margin | 9900 | €40,207 | -€3,170 | -€43,377 | |
| Operating profit (loss) | 9901 | €4,172 | -€3,982 | -€8,154 | |
| Financial charges | 65/66B | €119 | €1,443 | +€1,324 | +1,112% |
| Recurring financial charges | 65 | €119 | €1,443 | +€1,324 | +1,112% |
| Profit (loss) for the period before taxes | 9903 | €4,053 | -€5,426 | -€9,479 | |
| Income taxes | 67/77 | €3,484 | - | -€3,484 | |
| Profit (loss) for the period | 9904 | €569 | -€5,426 | -€5,995 | |
| Profit (loss) for the period to be appropriated | 9905 | €569 | -€5,426 | -€5,995 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.