WABIS: 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.
WABIS
Largest movements
- Cash +€55,733
up €55,733 (+10.8%), from €514,031 to €569,765
mainly Net result for the year (+€347,184) and Tax, wage and social debts (+€93,974)
- Stocks and contracts -€31,496
down €31,496 (-14.4%), from €219,054 to €187,559
- Tangible fixed assets -€15,313
down €15,313 (-39.6%), from €38,698 to €23,385
of which Plant, machinery and equipment: -€10,814
- Receivables within one year -€14,766
down €14,766 (-35.0%), from €42,148 to €27,382
of which Other amounts receivable: -€23,796
- Deferred charges and accrued income +€14,421
up €14,421 (+28.3%), from €51,036 to €65,458
- Other debts -€128,895
down €128,895 (-92.2%), from €139,767 to €10,872
- Tax, wage and social debts +€93,974
up €93,974 (+58.2%), from €161,376 to €255,350
of which Taxes: +€69,616
- Trade debts -€85,256
down €85,256 (-58.9%), from €144,843 to €59,587
- Reserves +€63,592
up €63,592 (+27.4%), from €232,430 to €296,022
of which Tax-exempt reserves: +€63,592
- Profit (loss) carried forward +€63,592
up €63,592 (+49.2%), from €129,301 to €192,893
- Gross operating margin +€83,387
up €83,387 (+7.5%), from €1.1m to €1.2m
- Taxes +€41,464
up €41,464 (+53.1%), from €78,155 to €119,619
- Depreciation -€28,884
down €28,884 (-58.4%), from €49,477 to €20,593
- Staff costs -€23,851
down €23,851 (-3.3%), from €721,972 to €698,121
From the 31-12-2024 result to the 31-12-2025 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 31-12-2024 and 31-12-2025 balance sheets and the 31-12-2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 31-12-2024 | 31-12-2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €944,179 | €947,479 | +€3,300 | +0.3% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €117,908 | €97,315 | -€20,593 | -17.5% |
| Intangible fixed assets | 21 | €79,210 | €73,930 | -€5,280 | -6.7% |
| Tangible fixed assets | 22/27 | €38,698 | €23,385 | -€15,313 | -39.6% |
| Plant, machinery and equipment | 23 | €31,018 | €20,204 | -€10,814 | -34.9% |
| Furniture and vehicles | 24 | €6,106 | €2,027 | -€4,079 | -66.8% |
| Other tangible fixed assets | 26 | €1,574 | €1,153 | -€421 | -26.7% |
| Current assets | 29/58 | €826,271 | €850,164 | +€23,893 | +2.9% |
| Stocks and contracts in progress | 3 | €219,054 | €187,559 | -€31,496 | -14.4% |
| Stocks | 30/36 | €219,054 | €187,559 | -€31,496 | -14.4% |
| Amounts receivable within one year | 40/41 | €42,148 | €27,382 | -€14,766 | -35.0% |
| Trade receivables | 40 | €15,196 | €24,225 | +€9,030 | +59.4% |
| Other amounts receivable | 41 | €26,953 | €3,157 | -€23,796 | -88.3% |
| Cash at bank and in hand | 54/58 | €514,031 | €569,765 | +€55,733 | +10.8% |
| Deferred charges and accrued income | 490/1 | €51,036 | €65,458 | +€14,421 | +28.3% |
| Total equity and liabilities | 10/49 | €944,179 | €947,479 | +€3,300 | +0.3% |
| Equity | 10/15 | €380,332 | €507,516 | +€127,184 | +33.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €232,430 | €296,022 | +€63,592 | +27.4% |
| Tax-exempt reserves | 132 | €230,570 | €294,162 | +€63,592 | +27.6% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €129,301 | €192,893 | +€63,592 | +49.2% |
| Amounts payable | 17/49 | €563,847 | €439,963 | -€123,884 | -22.0% |
| Amounts payable after more than one year | 17 | €61,314 | €47,584 | -€13,729 | -22.4% |
| Financial debts | 170/4 | €61,314 | €47,584 | -€13,729 | -22.4% |
| Amounts payable within one year | 42/48 | €492,640 | €387,906 | -€104,734 | -21.3% |
| Current portion of amounts payable after more than one year | 42 | €46,654 | €43,729 | -€2,925 | -6.3% |
| Financial debts | 43 | - | €18,368 | +€18,368 | |
| Credit institutions | 430/8 | - | €18,368 | +€18,368 | |
| Trade debts | 44 | €144,843 | €59,587 | -€85,256 | -58.9% |
| Suppliers | 440/4 | €144,843 | €59,587 | -€85,256 | -58.9% |
| Taxes, remuneration and social security | 45 | €161,376 | €255,350 | +€93,974 | +58.2% |
| Taxes | 450/3 | €8,511 | €78,127 | +€69,616 | +817.9% |
| Remuneration and social security | 454/9 | €152,865 | €177,223 | +€24,358 | +15.9% |
| Other amounts payable | 47/48 | €139,767 | €10,872 | -€128,895 | -92.2% |
| Accrued charges and deferred income | 492/3 | €9,893 | €4,473 | -€5,421 | -54.8% |
| Remuneration, social security and pensions | 62 | €721,972 | €698,121 | -€23,851 | -3.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €49,477 | €20,593 | -€28,884 | -58.4% |
| Other operating charges | 640/8 | €5,561 | €1,879 | -€3,681 | -66.2% |
| Non-recurring operating charges | 66A | €42 | - | -€42 | |
| Gross operating margin | 9900 | €1,117,133 | €1,200,520 | +€83,387 | +7.5% |
| Operating profit (loss) | 9901 | €340,081 | €479,926 | +€139,845 | +41.1% |
| Financial income | 75/76B | €2,376 | €5,773 | +€3,397 | +143.0% |
| Recurring financial income | 75 | €2,376 | €5,773 | +€3,397 | +143.0% |
| Financial charges | 65/66B | €17,581 | €18,897 | +€1,316 | +7.5% |
| Recurring financial charges | 65 | €17,581 | €18,897 | +€1,316 | +7.5% |
| Profit (loss) for the period before taxes | 9903 | €324,877 | €466,803 | +€141,926 | +43.7% |
| Transfer from deferred taxes | 780 | €2,947 | - | -€2,947 | |
| Income taxes | 67/77 | €78,155 | €119,619 | +€41,464 | +53.1% |
| Profit (loss) for the period | 9904 | €249,668 | €347,184 | +€97,516 | +39.1% |
| Transfer from tax-exempt reserves | 789 | €5,723 | - | -€5,723 | |
| Transfer to tax-exempt reserves | 689 | €125,320 | €63,592 | -€61,728 | -49.3% |
| Profit (loss) for the period to be appropriated | 9905 | €130,070 | €283,592 | +€153,522 | +118.0% |
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 11 October 2026 via checked.be.