WABEDAGRO: what changed
Two fiscal 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.
WABEDAGRO
Largest movements
- Cash -€68,344
down €68,344 (-19.1%), from €357,036 to €288,692
mainly Contributions, distributions and other (-€40,770) and Net result for the year (-€29,799)
- Reserves -€40,770
down €40,770 (-9.6%), from €422,673 to €381,903
of which Distributable reserves: -€40,770
- Profit (loss) carried forward -€29,799
down €29,799 (-25.6%), from €116,268 to €86,469
- Gross operating margin -€42,351
down €42,351, from €29,364 to -€12,987
- Taxes -€4,042
no longer reported in 2025 (was €4,042)
- Other operating charges +€1,411
up €1,411 (+11.0%), from €12,828 to €14,239
- Staff costs -€968
no longer reported in 2025 (was €968)
- Depreciation -€490
down €490 (-16.0%), from €3,063 to €2,573
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 | €991,205 | €921,636 | -€69,568 | -7.0% |
| Fixed assets | 21/28 | €352,615 | €350,043 | -€2,573 | -0.7% |
| Tangible fixed assets | 22/27 | €317,510 | €314,937 | -€2,573 | -0.8% |
| Land and buildings | 22 | €316,189 | €314,696 | -€1,493 | -0.5% |
| Plant, machinery and equipment | 23 | €959 | - | -€959 | |
| Furniture and vehicles | 24 | €362 | €242 | -€121 | -33.3% |
| Financial fixed assets | 28 | €35,105 | €35,105 | = | 0.0% |
| Current assets | 29/58 | €638,589 | €571,594 | -€66,996 | -10.5% |
| Amounts receivable within one year | 40/41 | €279,679 | €279,679 | = | 0.0% |
| Trade receivables | 40 | €12,108 | €12,108 | = | 0.0% |
| Other amounts receivable | 41 | €267,571 | €267,571 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €357,036 | €288,692 | -€68,344 | -19.1% |
| Deferred charges and accrued income | 490/1 | €1,874 | €3,222 | +€1,348 | +71.9% |
| Total equity and liabilities | 10/49 | €991,205 | €921,636 | -€69,568 | -7.0% |
| Equity | 10/15 | €972,755 | €902,186 | -€70,568 | -7.3% |
| Contributions | 10/11 | €433,814 | €433,814 | = | 0.0% |
| Capital | 10 | €433,814 | €433,814 | = | 0.0% |
| Issued capital | 100 | €433,814 | €433,814 | = | 0.0% |
| Reserves | 13 | €422,673 | €381,903 | -€40,770 | -9.6% |
| Non-distributable reserves | 130/1 | €43,381 | €43,381 | = | 0.0% |
| Legal reserve | 130 | €43,381 | €43,381 | = | 0.0% |
| Distributable reserves | 133 | €379,292 | €338,522 | -€40,770 | -10.7% |
| Profit (loss) carried forward | 14 | €116,268 | €86,469 | -€29,799 | -25.6% |
| Amounts payable | 17/49 | €18,450 | €19,450 | +€1,000 | +5.4% |
| Amounts payable within one year | 42/48 | €18,450 | €19,450 | +€1,000 | +5.4% |
| Trade debts | 44 | €8,405 | €9,405 | +€1,000 | +11.9% |
| Suppliers | 440/4 | €8,405 | €9,405 | +€1,000 | +11.9% |
| Other amounts payable | 47/48 | €10,045 | €10,045 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €968 | - | -€968 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,063 | €2,573 | -€490 | -16.0% |
| Other operating charges | 640/8 | €12,828 | €14,239 | +€1,411 | +11.0% |
| Gross operating margin | 9900 | €29,364 | -€12,987 | -€42,351 | |
| Operating profit (loss) | 9901 | €12,506 | -€29,799 | -€42,304 | |
| Financial charges | 65/66B | €0 | - | -€0 | |
| Recurring financial charges | 65 | €0 | - | -€0 | |
| Profit (loss) for the period before taxes | 9903 | €12,505 | -€29,799 | -€42,304 | |
| Income taxes | 67/77 | €4,042 | - | -€4,042 | |
| Profit (loss) for the period | 9904 | €8,463 | -€29,799 | -€38,262 | |
| Profit (loss) for the period to be appropriated | 9905 | €8,463 | -€29,799 | -€38,262 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.