Waas Chemicals: what changed
What changed
Waas Chemicals
NACE 20.590, Manufacture of chemicals and chemical products
filed annual accounts (NBB)
Net result for the year
€62,512
2025 · €54,608+€7,904
Equity
€402,621
2025 · €473,413-€70,792
Cash
€520,293
2025 · €480,516+€39,778
Balance sheet total
€635,002
2025 · €614,329+€20,673
Largest movements
Assets
- Cash +€39,778
up €39,778 (+8.3%), from €480,516 to €520,293
mainly Other debts (+€96,624) and Net result for the year (+€62,512)
- Stocks and contracts -€11,868
down €11,868 (-37.1%), from €32,000 to €20,132
- Tangible fixed assets -€8,800
down €8,800 (-18.5%), from €47,513 to €38,712
of which Land and buildings: -€4,526
Equity and liabilities
- Other debts +€96,624
up €96,624 (+256%), from €37,791 to €134,415
- Reserves -€70,792
down €70,792 (-30.9%), from €229,189 to €158,397
- Advances received -€16,472
down €16,472 (-100%), from €16,472 to €0
- Trade debts +€10,579
up €10,579 (+26.0%), from €40,714 to €51,294
Income statement
- Gross operating margin +€28,085
up €28,085 (+19.4%), from €145,087 to €173,172
- Staff costs +€14,582
up €14,582 (+28.9%), from €50,479 to €65,061
- Taxes +€4,597
up €4,597 (+19.9%), from €23,096 to €27,693
Change in the result, 2025 to 2026
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2025
€54,608
Gross operating margin
+€28,085
Staff costs
-€14,582
Depreciation
-€370
Other operating charges
-€321
Financial income
-€12
Financial charges
-€298
Taxes
-€4,597
Result 2026
€62,512
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2025 and 2026 balance sheets and the 2026 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€173,081
Investment
€0
Financing
-€133,303
Cash 2025
€480,516
From operations (derived)
+€173,081
Net result for the year
+€62,512
Depreciation
+€8,800
Stocks and contracts
+€11,868
Receivables within one year
-€2,475
Deferred charges and accrued income
+€911
Trade debts
+€10,579
Tax, wage and social debts
+€549
Advances received
-€16,472
Other debts
+€96,624
Accrued charges and deferred income
+€184
Financing
-€133,303
Contributions, distributions and other
-€133,303
Cash 2026
€520,293
brings cash intakes cash out
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €614,329 | €635,002 | +€20,673 | +3.4% |
| Formation expenses | 20 | - | €0 | = | |
| Fixed assets | 21/28 | €47,513 | €38,712 | -€8,800 | -18.5% |
| Tangible fixed assets | 22/27 | €47,513 | €38,712 | -€8,800 | -18.5% |
| Land and buildings | 22 | €37,755 | €33,229 | -€4,526 | -12.0% |
| Plant, machinery and equipment | 23 | €6,351 | €3,630 | -€2,721 | -42.8% |
| Furniture and vehicles | 24 | €3,407 | €1,853 | -€1,554 | -45.6% |
| Current assets | 29/58 | €566,817 | €596,290 | +€29,474 | +5.2% |
| Stocks and contracts in progress | 3 | €32,000 | €20,132 | -€11,868 | -37.1% |
| Stocks | 30/36 | €32,000 | €20,132 | -€11,868 | -37.1% |
| Amounts receivable within one year | 40/41 | €53,246 | €55,721 | +€2,475 | +4.6% |
| Trade receivables | 40 | €53,244 | €55,721 | +€2,477 | +4.7% |
| Other amounts receivable | 41 | €2 | €0 | -€2 | -100% |
| Cash at bank and in hand | 54/58 | €480,516 | €520,293 | +€39,778 | +8.3% |
| Deferred charges and accrued income | 490/1 | €1,055 | €144 | -€911 | -86.4% |
| Total equity and liabilities | 10/49 | €614,329 | €635,002 | +€20,673 | +3.4% |
| Equity | 10/15 | €473,413 | €402,621 | -€70,792 | -15.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | - | -€18,600 | |
| Other | 1109/19 | €18,600 | - | -€18,600 | |
| Reserves | 13 | €229,189 | €158,397 | -€70,792 | -30.9% |
| Distributable reserves | 133 | €229,189 | €158,397 | -€70,792 | -30.9% |
| Profit (loss) carried forward | 14 | €225,624 | €225,624 | = | 0.0% |
| Provisions and deferred taxes | 16 | €25,000 | €25,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €25,000 | €25,000 | = | 0.0% |
| Other liabilities and charges | 164/5 | €25,000 | €25,000 | = | 0.0% |
| Amounts payable | 17/49 | €115,916 | €207,381 | +€91,465 | +78.9% |
| Amounts payable within one year | 42/48 | €115,916 | €207,197 | +€91,280 | +78.7% |
| Trade debts | 44 | €40,714 | €51,294 | +€10,579 | +26.0% |
| Suppliers | 440/4 | €40,714 | €51,294 | +€10,579 | +26.0% |
| Advances received on contracts in progress | 46 | €16,472 | €0 | -€16,472 | -100% |
| Taxes, remuneration and social security | 45 | €20,939 | €21,487 | +€549 | +2.6% |
| Taxes | 450/3 | €12,312 | €11,304 | -€1,008 | -8.2% |
| Remuneration and social security | 454/9 | €8,627 | €10,184 | +€1,557 | +18.0% |
| Other amounts payable | 47/48 | €37,791 | €134,415 | +€96,624 | +256% |
| Accrued charges and deferred income | 492/3 | - | €184 | +€184 | |
| Non-recurring operating income | 76A | €8,702 | - | -€8,702 | |
| Remuneration, social security and pensions | 62 | €50,479 | €65,061 | +€14,582 | +28.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,430 | €8,800 | +€370 | +4.4% |
| Other operating charges | 640/8 | €9,589 | €9,910 | +€321 | +3.3% |
| Gross operating margin | 9900 | €145,087 | €173,172 | +€28,085 | +19.4% |
| Operating profit (loss) | 9901 | €76,589 | €89,401 | +€12,812 | +16.7% |
| Financial income | 75/76B | €6,887 | €6,874 | -€12 | -0.2% |
| Recurring financial income | 75 | €6,887 | €6,874 | -€12 | -0.2% |
| Financial charges | 65/66B | €5,772 | €6,070 | +€298 | +5.2% |
| Recurring financial charges | 65 | €5,772 | €6,070 | +€298 | +5.2% |
| Profit (loss) for the period before taxes | 9903 | €77,704 | €90,205 | +€12,501 | +16.1% |
| Income taxes | 67/77 | €23,096 | €27,693 | +€4,597 | +19.9% |
| Profit (loss) for the period | 9904 | €54,608 | €62,512 | +€7,904 | +14.5% |
| Profit (loss) for the period to be appropriated | 9905 | €54,608 | €62,512 | +€7,904 | +14.5% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.