Waans: 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.
Waans
Largest movements
- Cash -€152,351
down €152,351 (-55.7%), from €273,309 to €120,958
mainly Accrued charges and deferred income (-€79,442) and Tax, wage and social debts (-€61,643)
- Tangible fixed assets -€16,677
down €16,677 (-4.3%), from €391,166 to €374,489
of which Land and buildings: -€15,218
- Receivables within one year +€11,868
new in 2025: €11,868
- Accrued charges and deferred income -€79,442
down €79,442 (-78.6%), from €101,070 to €21,628
- Tax, wage and social debts -€61,643
down €61,643 (-53.7%), from €114,708 to €53,065
of which Remuneration and social security: -€40,500
- Other debts -€29,935
down €29,935 (-37.9%), from €78,942 to €49,006
- Profit (loss) carried forward +€17,545
up €17,545 (+22.6%), from €77,479 to €95,024
- Current portion of long-term debt -€9,566
down €9,566 (-47.2%), from €20,260 to €10,693
- Financial charges -€26,364
down €26,364 (-68.3%), from €38,599 to €12,235
- Financial income +€6,124
up €6,124 (+13.6%), from €44,996 to €51,121
- Gross operating margin +€4,129
up €4,129 (+93.0%), from -€4,442 to -€313
- Other operating charges +€2,829
up €2,829 (+254%), from €1,116 to €3,945
- Taxes +€406
new in 2025: €406
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 | €664,975 | €507,814 | -€157,161 | -23.6% |
| Fixed assets | 21/28 | €391,666 | €374,989 | -€16,677 | -4.3% |
| Tangible fixed assets | 22/27 | €391,166 | €374,489 | -€16,677 | -4.3% |
| Land and buildings | 22 | €385,984 | €370,766 | -€15,218 | -3.9% |
| Furniture and vehicles | 24 | €5,182 | €3,723 | -€1,459 | -28.2% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €273,309 | €132,825 | -€140,484 | -51.4% |
| Amounts receivable within one year | 40/41 | - | €11,868 | +€11,868 | |
| Trade receivables | 40 | - | €11,868 | +€11,868 | |
| Cash at bank and in hand | 54/58 | €273,309 | €120,958 | -€152,351 | -55.7% |
| Total equity and liabilities | 10/49 | €664,975 | €507,814 | -€157,161 | -23.6% |
| Equity | 10/15 | €82,479 | €100,024 | +€17,545 | +21.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €77,479 | €95,024 | +€17,545 | +22.6% |
| Amounts payable | 17/49 | €582,496 | €407,790 | -€174,706 | -30.0% |
| Amounts payable after more than one year | 17 | €262,705 | €262,012 | -€693 | -0.3% |
| Financial debts | 170/4 | €262,705 | €262,012 | -€693 | -0.3% |
| Amounts payable within one year | 42/48 | €218,721 | €124,151 | -€94,570 | -43.2% |
| Current portion of amounts payable after more than one year | 42 | €20,260 | €10,693 | -€9,566 | -47.2% |
| Trade debts | 44 | €4,812 | €11,386 | +€6,574 | +137% |
| Suppliers | 440/4 | €4,812 | €11,386 | +€6,574 | +137% |
| Taxes, remuneration and social security | 45 | €114,708 | €53,065 | -€61,643 | -53.7% |
| Taxes | 450/3 | €74,208 | €53,065 | -€21,143 | -28.5% |
| Remuneration and social security | 454/9 | €40,500 | €0 | -€40,500 | -100% |
| Other amounts payable | 47/48 | €78,942 | €49,006 | -€29,935 | -37.9% |
| Accrued charges and deferred income | 492/3 | €101,070 | €21,628 | -€79,442 | -78.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,677 | €16,677 | = | 0.0% |
| Other operating charges | 640/8 | €1,116 | €3,945 | +€2,829 | +254% |
| Gross operating margin | 9900 | -€4,442 | -€313 | +€4,129 | +93.0% |
| Operating profit (loss) | 9901 | -€22,234 | -€20,935 | +€1,299 | +5.8% |
| Financial income | 75/76B | €44,996 | €51,121 | +€6,124 | +13.6% |
| Recurring financial income | 75 | €44,996 | €51,121 | +€6,124 | +13.6% |
| Financial charges | 65/66B | €38,599 | €12,235 | -€26,364 | -68.3% |
| Recurring financial charges | 65 | €38,599 | €12,235 | -€26,364 | -68.3% |
| Profit (loss) for the period before taxes | 9903 | -€15,837 | €17,951 | +€33,788 | |
| Income taxes | 67/77 | - | €406 | +€406 | |
| Profit (loss) for the period | 9904 | -€15,837 | €17,545 | +€33,382 | |
| Profit (loss) for the period to be appropriated | 9905 | -€15,837 | €17,545 | +€33,382 |
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 20 October 2026 via checked.be.