WABZ: 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.
WABZ
Largest movements
- Tangible fixed assets -€16,179
down €16,179 (-12.1%), from €133,825 to €117,646
of which Plant, machinery and equipment: -€12,455
- Cash +€5,904
up €5,904 (+119.0%), from €4,962 to €10,866
mainly Depreciation (+€18,187) and Receivables within one year (+€2,507)
- Receivables within one year -€2,507
down €2,507 (-14.5%), from €17,251 to €14,745
of which Other amounts receivable: -€2,177
- Debts after one year -€6,126
down €6,126 (-29.1%), from €21,068 to €14,942
- Trade debts -€2,694
down €2,694 (-33.2%), from €8,125 to €5,431
- Provisions -€2,598
down €2,598 (-30.6%), from €8,489 to €5,891
- Profit (loss) carried forward -€1,623
down €1,623 (-2.3%), from €71,235 to €69,612
- Gross operating margin +€13,978
up €13,978 (+1105.8%), from €1,264 to €15,242
- Turnover +€8,140
up €8,140 (+33.3%), from €24,480 to €32,620
- Purchases and services -€3,996
down €3,996 (-17.2%), from €23,216 to €19,219
- Other operating charges -€2,024
down €2,024 (-72.4%), from €2,795 to €771
- Financial charges -€942
down €942 (-56.8%), from €1,657 to €716
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 | €158,979 | €146,099 | -€12,880 | -8.1% |
| Fixed assets | 21/28 | €135,869 | €119,690 | -€16,179 | -11.9% |
| Tangible fixed assets | 22/27 | €133,825 | €117,646 | -€16,179 | -12.1% |
| Land and buildings | 22 | €45,566 | €42,427 | -€3,139 | -6.9% |
| Plant, machinery and equipment | 23 | €85,568 | €73,113 | -€12,455 | -14.6% |
| Furniture and vehicles | 24 | €2,691 | €2,106 | -€585 | -21.7% |
| Financial fixed assets | 28 | €2,044 | €2,044 | = | 0.0% |
| Current assets | 29/58 | €23,110 | €26,409 | +€3,300 | +14.3% |
| Amounts receivable within one year | 40/41 | €17,251 | €14,745 | -€2,507 | -14.5% |
| Trade receivables | 40 | €2,624 | €2,294 | -€330 | -12.6% |
| Other amounts receivable | 41 | €14,627 | €12,451 | -€2,177 | -14.9% |
| Cash at bank and in hand | 54/58 | €4,962 | €10,866 | +€5,904 | +119.0% |
| Deferred charges and accrued income | 490/1 | €897 | €799 | -€98 | -10.9% |
| Total equity and liabilities | 10/49 | €158,979 | €146,099 | -€12,880 | -8.1% |
| Equity | 10/15 | €113,832 | €112,209 | -€1,623 | -1.4% |
| Contributions | 10/11 | €19,831 | €19,831 | = | 0.0% |
| Capital | 10 | €19,831 | €19,831 | = | 0.0% |
| Issued capital | 100 | €19,831 | €19,831 | = | 0.0% |
| Reserves | 13 | €22,766 | €22,766 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,983 | €1,983 | = | 0.0% |
| Legal reserve | 130 | €1,983 | €1,983 | = | 0.0% |
| Tax-exempt reserves | 132 | €20,782 | €20,782 | = | 0.0% |
| Profit (loss) carried forward | 14 | €71,235 | €69,612 | -€1,623 | -2.3% |
| Provisions and deferred taxes | 16 | €8,489 | €5,891 | -€2,598 | -30.6% |
| Deferred taxes | 168 | €8,489 | €5,891 | -€2,598 | -30.6% |
| Amounts payable | 17/49 | €36,659 | €27,999 | -€8,659 | -23.6% |
| Amounts payable after more than one year | 17 | €21,068 | €14,942 | -€6,126 | -29.1% |
| Financial debts | 170/4 | €21,068 | €14,942 | -€6,126 | -29.1% |
| Amounts payable within one year | 42/48 | €15,590 | €13,057 | -€2,533 | -16.2% |
| Current portion of amounts payable after more than one year | 42 | €5,965 | €6,126 | +€161 | +2.7% |
| Financial debts | 43 | €1,500 | €1,500 | = | 0.0% |
| Credit institutions | 430/8 | €1,500 | €1,500 | = | 0.0% |
| Trade debts | 44 | €8,125 | €5,431 | -€2,694 | -33.2% |
| Suppliers | 440/4 | €8,125 | €5,431 | -€2,694 | -33.2% |
| Turnover | 70 | €24,480 | €32,620 | +€8,140 | +33.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €23,216 | €19,219 | -€3,996 | -17.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,960 | €18,187 | +€227 | +1.3% |
| Other operating charges | 640/8 | €2,795 | €771 | -€2,024 | -72.4% |
| Gross operating margin | 9900 | €1,264 | €15,242 | +€13,978 | +1105.8% |
| Operating profit (loss) | 9901 | -€19,491 | -€3,716 | +€15,775 | +80.9% |
| Financial income | 75/76B | €1,066 | €799 | -€268 | -25.1% |
| Recurring financial income | 75 | €1,066 | €799 | -€268 | -25.1% |
| Financial charges | 65/66B | €1,657 | €716 | -€942 | -56.8% |
| Recurring financial charges | 65 | €1,657 | €716 | -€942 | -56.8% |
| Profit (loss) for the period before taxes | 9903 | -€20,082 | -€3,632 | +€16,449 | +81.9% |
| Transfer from deferred taxes | 780 | €1,061 | - | -€1,061 | |
| Profit (loss) for the period | 9904 | -€19,021 | -€3,632 | +€15,388 | +80.9% |
| Transfer from tax-exempt reserves | 789 | €2,598 | €2,598 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€16,423 | -€1,035 | +€15,388 | +93.7% |
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 30 September 2026 via checked.be.