WAARBEKE GENERAL SERVICES: 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.
WAARBEKE GENERAL SERVICES
Largest movements
- Cash +€25,300
up €25,300 (+12.6%), from €201,024 to €226,324
mainly Net result for the year (+€15,249) and Depreciation (+€13,562)
- Tangible fixed assets -€10,057
down €10,057 (-12.2%), from €82,287 to €72,230
of which Furniture and vehicles: -€9,030
- Reserves +€15,249
up €15,249 (+98.3%), from €15,520 to €30,769
- Gross operating margin +€7,683
up €7,683 (+25.5%), from €30,105 to €37,787
- Taxes +€2,447
up €2,447 (+38.1%), from €6,427 to €8,874
- Depreciation -€783
down €783 (-5.5%), from €14,345 to €13,562
- Financial income -€772
down €772 (-26.8%), from €2,878 to €2,106
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 | €304,697 | €319,961 | +€15,264 | +5.0% |
| Fixed assets | 21/28 | €82,287 | €72,230 | -€10,057 | -12.2% |
| Tangible fixed assets | 22/27 | €82,287 | €72,230 | -€10,057 | -12.2% |
| Land and buildings | 22 | €68,830 | €66,570 | -€2,260 | -3.3% |
| Plant, machinery and equipment | 23 | €3,964 | €5,196 | +€1,232 | +31.1% |
| Furniture and vehicles | 24 | €9,494 | €464 | -€9,030 | -95.1% |
| Current assets | 29/58 | €222,409 | €247,731 | +€25,322 | +11.4% |
| Amounts receivable within one year | 40/41 | €19,076 | €18,882 | -€194 | -1.0% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €19,076 | €18,882 | -€194 | -1.0% |
| Cash at bank and in hand | 54/58 | €201,024 | €226,324 | +€25,300 | +12.6% |
| Deferred charges and accrued income | 490/1 | €2,308 | €2,524 | +€216 | +9.3% |
| Total equity and liabilities | 10/49 | €304,697 | €319,961 | +€15,264 | +5.0% |
| Equity | 10/15 | €295,563 | €310,812 | +€15,249 | +5.2% |
| Contributions | 10/11 | €30,987 | €30,987 | = | 0.0% |
| Reserves | 13 | €15,520 | €30,769 | +€15,249 | +98.3% |
| Distributable reserves | 133 | €15,520 | €30,769 | +€15,249 | +98.3% |
| Profit (loss) carried forward | 14 | €249,056 | €249,056 | = | 0.0% |
| Amounts payable | 17/49 | €9,134 | €9,149 | +€15 | +0.2% |
| Amounts payable within one year | 42/48 | €9,134 | €9,028 | -€105 | -1.2% |
| Trade debts | 44 | €780 | €2,037 | +€1,257 | +161% |
| Suppliers | 440/4 | €780 | €2,037 | +€1,257 | +161% |
| Taxes, remuneration and social security | 45 | €8,354 | €6,991 | -€1,363 | -16.3% |
| Taxes | 450/3 | €8,354 | €6,991 | -€1,363 | -16.3% |
| Accrued charges and deferred income | 492/3 | €0 | €121 | +€121 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,345 | €13,562 | -€783 | -5.5% |
| Other operating charges | 640/8 | €1,955 | €2,076 | +€120 | +6.2% |
| Gross operating margin | 9900 | €30,105 | €37,787 | +€7,683 | +25.5% |
| Operating profit (loss) | 9901 | €13,805 | €22,150 | +€8,345 | +60.5% |
| Financial income | 75/76B | €2,878 | €2,106 | -€772 | -26.8% |
| Recurring financial income | 75 | €2,878 | €2,106 | -€772 | -26.8% |
| Financial charges | 65/66B | €129 | €132 | +€4 | +3.0% |
| Recurring financial charges | 65 | €129 | €132 | +€4 | +3.0% |
| Profit (loss) for the period before taxes | 9903 | €16,554 | €24,123 | +€7,569 | +45.7% |
| Income taxes | 67/77 | €6,427 | €8,874 | +€2,447 | +38.1% |
| Profit (loss) for the period | 9904 | €10,127 | €15,249 | +€5,122 | +50.6% |
| Profit (loss) for the period to be appropriated | 9905 | €10,127 | €15,249 | +€5,122 | +50.6% |
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 27 October 2026 via checked.be.