WABEMA: 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.
WABEMA
Largest movements
- Cash +€946,379
up €946,379 (+448.9%), from €210,822 to €1.2m
mainly Current investments (+€887,501) and Net result for the year (+€67,584)
- Current investments -€887,501
down €887,501 (-31.4%), from €2.8m to €1.9m
- Profit (loss) carried forward +€67,584
up €67,584 (+16.4%), from -€411,232 to -€343,648
- Taxes +€64,959
up €64,959, from -€64,959 to €0
- Gross operating margin +€29,769
up €29,769, from -€20,567 to €9,202
- Financial income +€11,790
up €11,790 (+9.1%), from €129,912 to €141,702
of which Financial income: +€17,295
- Other operating charges -€2,450
down €2,450 (-21.0%), from €11,655 to €9,205
- Depreciation -€834
down €834 (-1.2%), from €67,642 to €66,808
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 | €6,595,468 | €6,641,924 | +€46,457 | +0.7% |
| Fixed assets | 21/28 | €3,405,209 | €3,396,401 | -€8,808 | -0.3% |
| Tangible fixed assets | 22/27 | €2,699,209 | €2,635,401 | -€63,808 | -2.4% |
| Land and buildings | 22 | €2,678,250 | €2,620,730 | -€57,520 | -2.1% |
| Plant, machinery and equipment | 23 | €15,433 | €10,187 | -€5,247 | -34.0% |
| Furniture and vehicles | 24 | €5,525 | €4,484 | -€1,041 | -18.8% |
| Financial fixed assets | 28 | €706,000 | €761,000 | +€55,000 | +7.8% |
| Current assets | 29/58 | €3,190,259 | €3,245,523 | +€55,264 | +1.7% |
| Stocks and contracts in progress | 3 | €6,037 | €5,332 | -€705 | -11.7% |
| Stocks | 30/36 | €6,037 | €5,332 | -€705 | -11.7% |
| Amounts receivable within one year | 40/41 | €137,808 | €135,790 | -€2,018 | -1.5% |
| Trade receivables | 40 | €14,851 | €86,162 | +€71,310 | +480.2% |
| Other amounts receivable | 41 | €122,956 | €49,628 | -€73,328 | -59.6% |
| Current investments | 50/53 | €2,828,871 | €1,941,370 | -€887,501 | -31.4% |
| Cash at bank and in hand | 54/58 | €210,822 | €1,157,202 | +€946,379 | +448.9% |
| Deferred charges and accrued income | 490/1 | €6,721 | €5,830 | -€891 | -13.3% |
| Total equity and liabilities | 10/49 | €6,595,468 | €6,641,924 | +€46,457 | +0.7% |
| Equity | 10/15 | €6,548,768 | €6,616,352 | +€67,584 | +1.0% |
| Contributions | 10/11 | €6,600,000 | €6,600,000 | = | 0.0% |
| Capital | 10 | €6,600,000 | €6,600,000 | = | 0.0% |
| Issued capital | 100 | €6,600,000 | €6,600,000 | = | 0.0% |
| Reserves | 13 | €360,000 | €360,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €150,000 | €150,000 | = | 0.0% |
| Legal reserve | 130 | €150,000 | €150,000 | = | 0.0% |
| Distributable reserves | 133 | €210,000 | €210,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€411,232 | -€343,648 | +€67,584 | +16.4% |
| Amounts payable | 17/49 | €46,699 | €25,572 | -€21,127 | -45.2% |
| Amounts payable after more than one year | 17 | €11,470 | €0 | -€11,470 | -100.0% |
| Financial debts | 170/4 | €11,470 | €0 | -€11,470 | -100.0% |
| Amounts payable within one year | 42/48 | €30,405 | €20,515 | -€9,890 | -32.5% |
| Current portion of amounts payable after more than one year | 42 | €11,340 | €11,470 | +€130 | +1.1% |
| Trade debts | 44 | €6,630 | €8,435 | +€1,805 | +27.2% |
| Suppliers | 440/4 | €6,630 | €8,435 | +€1,805 | +27.2% |
| Taxes, remuneration and social security | 45 | - | €410 | +€410 | |
| Taxes | 450/3 | - | €410 | +€410 | |
| Other amounts payable | 47/48 | €12,435 | €200 | -€12,235 | -98.4% |
| Accrued charges and deferred income | 492/3 | €4,825 | €5,057 | +€232 | +4.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €67,642 | €66,808 | -€834 | -1.2% |
| Other operating charges | 640/8 | €11,655 | €9,205 | -€2,450 | -21.0% |
| Gross operating margin | 9900 | -€20,567 | €9,202 | +€29,769 | |
| Operating profit (loss) | 9901 | -€99,864 | -€66,811 | +€33,053 | +33.1% |
| Financial income | 75/76B | €129,912 | €141,702 | +€11,790 | +9.1% |
| Recurring financial income | 75 | €82,877 | €100,172 | +€17,295 | +20.9% |
| Non-recurring financial income | 76B | €47,035 | €41,530 | -€5,505 | -11.7% |
| Financial charges | 65/66B | €7,549 | €7,307 | -€242 | -3.2% |
| Recurring financial charges | 65 | €7,549 | €7,307 | -€242 | -3.2% |
| Profit (loss) for the period before taxes | 9903 | €22,499 | €67,584 | +€45,085 | +200.4% |
| Income taxes | 67/77 | -€64,959 | €0 | +€64,959 | |
| Profit (loss) for the period | 9904 | €87,458 | €67,584 | -€19,874 | -22.7% |
| Profit (loss) for the period to be appropriated | 9905 | €87,458 | €67,584 | -€19,874 | -22.7% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.