WABOY: 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.
WABOY
Largest movements
- Cash -€15,955
down €15,955 (-69.1%), from €23,089 to €7,134
mainly Net result for the year (-€36,531) and Trade debts (-€2,719)
- Receivables within one year -€9,086
down €9,086 (-20.8%), from €43,600 to €34,514
of which Trade receivables: -€8,707
- Tangible fixed assets -€7,785
down €7,785 (-32.2%), from €24,153 to €16,367
of which Furniture and vehicles: -€7,659
- Profit (loss) carried forward -€36,531
down €36,531 (-68.8%), from €53,068 to €16,536
- Other debts +€7,372
up €7,372 (+213.7%), from €3,449 to €10,821
- Trade debts -€2,719
down €2,719 (-11.6%), from €23,515 to €20,796
- Gross operating margin -€15,274
down €15,274 (-141.9%), from -€10,767 to -€26,041
- Taxes +€7,119
up €7,119, from -€6,880 to €238
- Other operating charges -€2,019
down €2,019 (-58.8%), from €3,435 to €1,415
- Financial charges -€1,599
down €1,599 (-68.0%), from €2,350 to €751
- Staff costs -€550
down €550 (-64.7%), from €850 to €300
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 | €93,080 | €61,147 | -€31,933 | -34.3% |
| Fixed assets | 21/28 | €24,153 | €16,367 | -€7,785 | -32.2% |
| Tangible fixed assets | 22/27 | €24,153 | €16,367 | -€7,785 | -32.2% |
| Plant, machinery and equipment | 23 | €610 | €484 | -€126 | -20.7% |
| Furniture and vehicles | 24 | €23,543 | €15,883 | -€7,659 | -32.5% |
| Current assets | 29/58 | €68,927 | €44,780 | -€24,148 | -35.0% |
| Amounts receivable within one year | 40/41 | €43,600 | €34,514 | -€9,086 | -20.8% |
| Trade receivables | 40 | €43,009 | €34,302 | -€8,707 | -20.2% |
| Other amounts receivable | 41 | €591 | €212 | -€380 | -64.2% |
| Cash at bank and in hand | 54/58 | €23,089 | €7,134 | -€15,955 | -69.1% |
| Deferred charges and accrued income | 490/1 | €2,238 | €3,132 | +€894 | +39.9% |
| Total equity and liabilities | 10/49 | €93,080 | €61,147 | -€31,933 | -34.3% |
| Equity | 10/15 | €65,823 | €29,291 | -€36,531 | -55.5% |
| Reserves | 13 | €12,755 | €12,755 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €896 | €896 | = | 0.0% |
| Distributable reserves | 133 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €53,068 | €16,536 | -€36,531 | -68.8% |
| Amounts payable | 17/49 | €27,258 | €31,856 | +€4,598 | +16.9% |
| Amounts payable within one year | 42/48 | €27,258 | €31,856 | +€4,598 | +16.9% |
| Trade debts | 44 | €23,515 | €20,796 | -€2,719 | -11.6% |
| Suppliers | 440/4 | €23,515 | €20,796 | -€2,719 | -11.6% |
| Taxes, remuneration and social security | 45 | €293 | €238 | -€55 | -18.6% |
| Taxes | 450/3 | €293 | €238 | -€55 | -18.6% |
| Other amounts payable | 47/48 | €3,449 | €10,821 | +€7,372 | +213.7% |
| Remuneration, social security and pensions | 62 | €850 | €300 | -€550 | -64.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,663 | €7,785 | +€123 | +1.6% |
| Other operating charges | 640/8 | €3,435 | €1,415 | -€2,019 | -58.8% |
| Gross operating margin | 9900 | -€10,767 | -€26,041 | -€15,274 | -141.9% |
| Operating profit (loss) | 9901 | -€22,714 | -€35,542 | -€12,827 | -56.5% |
| Financial income | 75/76B | €1 | €0 | -€1 | -95.3% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -95.3% |
| Financial charges | 65/66B | €2,350 | €751 | -€1,599 | -68.0% |
| Recurring financial charges | 65 | €2,350 | €751 | -€1,599 | -68.0% |
| Profit (loss) for the period before taxes | 9903 | -€25,063 | -€36,293 | -€11,229 | -44.8% |
| Income taxes | 67/77 | -€6,880 | €238 | +€7,119 | |
| Profit (loss) for the period | 9904 | -€18,183 | -€36,531 | -€18,348 | -100.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€18,183 | -€36,531 | -€18,348 | -100.9% |
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 8 October 2026 via checked.be.