WABRABEN: 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.
WABRABEN
Largest movements
- Tangible fixed assets -€48,465
down €48,465 (-3.5%), from €1.4m to €1.3m
- Debts after one year -€106,668
down €106,668 (-10.9%), from €977,770 to €871,102
- Other debts -€58,745
down €58,745 (-25.8%), from €227,893 to €169,148
- Reserves +€41,686
new in 2025: €41,686
- Profit (loss) carried forward +€34,567
no longer reported in 2025 (was -€34,567)
- Trade debts +€21,175
up €21,175 (+9249.6%), from €229 to €21,404
- Taxes +€64,035
up €64,035, from -€50,000 to €14,035
- Gross operating margin +€29,373
up €29,373 (+21.4%), from €137,254 to €166,627
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 | €1,444,738 | €1,391,983 | -€52,756 | -3.7% |
| Fixed assets | 21/28 | €1,373,984 | €1,325,519 | -€48,465 | -3.5% |
| Tangible fixed assets | 22/27 | €1,373,984 | €1,325,519 | -€48,465 | -3.5% |
| Land and buildings | 22 | €1,373,984 | €1,325,519 | -€48,465 | -3.5% |
| Current assets | 29/58 | €70,755 | €66,464 | -€4,291 | -6.1% |
| Cash at bank and in hand | 54/58 | €70,755 | €66,464 | -€4,291 | -6.1% |
| Total equity and liabilities | 10/49 | €1,444,738 | €1,391,983 | -€52,756 | -3.7% |
| Equity | 10/15 | €125,433 | €201,686 | +€76,253 | +60.8% |
| Contributions | 10/11 | €160,000 | €160,000 | = | 0.0% |
| Reserves | 13 | - | €41,686 | +€41,686 | |
| Distributable reserves | 133 | - | €41,686 | +€41,686 | |
| Profit (loss) carried forward | 14 | -€34,567 | - | +€34,567 | |
| Amounts payable | 17/49 | €1,319,306 | €1,190,297 | -€129,009 | -9.8% |
| Amounts payable after more than one year | 17 | €977,770 | €871,102 | -€106,668 | -10.9% |
| Financial debts | 170/4 | €977,770 | €871,102 | -€106,668 | -10.9% |
| Amounts payable within one year | 42/48 | €341,536 | €319,195 | -€22,341 | -6.5% |
| Current portion of amounts payable after more than one year | 42 | €106,668 | €106,668 | = | 0.0% |
| Financial debts | 43 | - | €14,000 | +€14,000 | |
| Credit institutions | 430/8 | - | €14,000 | +€14,000 | |
| Trade debts | 44 | €229 | €21,404 | +€21,175 | +9249.6% |
| Suppliers | 440/4 | €229 | €21,404 | +€21,175 | +9249.6% |
| Taxes, remuneration and social security | 45 | €6,746 | €7,975 | +€1,229 | +18.2% |
| Taxes | 450/3 | €6,746 | €7,975 | +€1,229 | +18.2% |
| Other amounts payable | 47/48 | €227,893 | €169,148 | -€58,745 | -25.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €48,465 | €48,465 | = | 0.0% |
| Other operating charges | 640/8 | €14,547 | €15,139 | +€592 | +4.1% |
| Gross operating margin | 9900 | €137,254 | €166,627 | +€29,373 | +21.4% |
| Operating profit (loss) | 9901 | €74,242 | €103,023 | +€28,781 | +38.8% |
| Financial charges | 65/66B | €14,042 | €12,735 | -€1,307 | -9.3% |
| Recurring financial charges | 65 | €14,042 | €12,735 | -€1,307 | -9.3% |
| Profit (loss) for the period before taxes | 9903 | €60,200 | €90,288 | +€30,088 | +50.0% |
| Income taxes | 67/77 | -€50,000 | €14,035 | +€64,035 | |
| Profit (loss) for the period | 9904 | €110,200 | €76,253 | -€33,947 | -30.8% |
| Profit (loss) for the period to be appropriated | 9905 | €110,200 | €76,253 | -€33,947 | -30.8% |
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 6 October 2026 via checked.be.