WABA: 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.
WABA
Largest movements
- Cash -€20,603
down €20,603 (-17.9%), from €115,400 to €94,797
mainly Net result for the year (-€32,928) and Trade debts (-€1,956)
- Tangible fixed assets -€3,653
down €3,653 (-35.2%), from €10,378 to €6,725
- Receivables within one year +€1,875
up €1,875 (+57.8%), from €3,247 to €5,123
of which Other amounts receivable: +€1,875
- Profit (loss) carried forward -€32,928
down €32,928 (-87.7%), from €37,549 to €4,621
- Tax, wage and social debts +€11,000
new in 2025: €11,000
- Trade debts -€1,956
down €1,956 (-71.3%), from €2,743 to €787
- Gross operating margin -€62,836
down €62,836, from €35,002 to -€27,833
- Taxes -€8,796
down €8,796 (-94.3%), from €9,332 to €536
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 | €142,031 | €119,000 | -€23,031 | -16.2% |
| Fixed assets | 21/28 | €10,378 | €6,725 | -€3,653 | -35.2% |
| Tangible fixed assets | 22/27 | €10,378 | €6,725 | -€3,653 | -35.2% |
| Furniture and vehicles | 24 | €10,378 | €6,725 | -€3,653 | -35.2% |
| Current assets | 29/58 | €131,653 | €112,275 | -€19,378 | -14.7% |
| Stocks and contracts in progress | 3 | €12,000 | €12,000 | = | 0.0% |
| Stocks | 30/36 | €12,000 | €12,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €3,247 | €5,123 | +€1,875 | +57.8% |
| Trade receivables | 40 | €2,100 | €2,100 | = | 0.0% |
| Other amounts receivable | 41 | €1,147 | €3,023 | +€1,875 | +163.5% |
| Cash at bank and in hand | 54/58 | €115,400 | €94,797 | -€20,603 | -17.9% |
| Deferred charges and accrued income | 490/1 | €1,006 | €356 | -€650 | -64.6% |
| Total equity and liabilities | 10/49 | €142,031 | €119,000 | -€23,031 | -16.2% |
| Equity | 10/15 | €51,809 | €18,881 | -€32,928 | -63.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €37,549 | €4,621 | -€32,928 | -87.7% |
| Provisions and deferred taxes | 16 | €68,215 | €68,215 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €68,215 | €68,215 | = | 0.0% |
| Pensions and similar obligations | 160 | €68,215 | €68,215 | = | 0.0% |
| Amounts payable | 17/49 | €22,008 | €31,904 | +€9,897 | +45.0% |
| Amounts payable within one year | 42/48 | €22,008 | €31,904 | +€9,897 | +45.0% |
| Trade debts | 44 | €2,743 | €787 | -€1,956 | -71.3% |
| Suppliers | 440/4 | €2,743 | €787 | -€1,956 | -71.3% |
| Taxes, remuneration and social security | 45 | - | €11,000 | +€11,000 | |
| Remuneration and social security | 454/9 | - | €11,000 | +€11,000 | |
| Other amounts payable | 47/48 | €19,265 | €20,118 | +€853 | +4.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,653 | €3,653 | = | 0.0% |
| Other operating charges | 640/8 | €1,360 | €1,406 | +€47 | +3.4% |
| Gross operating margin | 9900 | €35,002 | -€27,833 | -€62,836 | |
| Operating profit (loss) | 9901 | €29,989 | -€32,893 | -€62,882 | |
| Financial income | 75/76B | €583 | €590 | +€7 | +1.2% |
| Recurring financial income | 75 | €583 | €590 | +€7 | +1.2% |
| Financial charges | 65/66B | €86 | €90 | +€4 | +4.3% |
| Recurring financial charges | 65 | €86 | €90 | +€4 | +4.3% |
| Profit (loss) for the period before taxes | 9903 | €30,486 | -€32,393 | -€62,879 | |
| Income taxes | 67/77 | €9,332 | €536 | -€8,796 | -94.3% |
| Profit (loss) for the period | 9904 | €21,155 | -€32,928 | -€54,083 | |
| Profit (loss) for the period to be appropriated | 9905 | €21,155 | -€32,928 | -€54,083 |
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.