WACHI: 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.
WACHI
Largest movements
- Receivables within one year +€357,134
up €357,134 (+55.5%), from €643,358 to €1.0m
of which Other amounts receivable: +€355,917
- Other debts +€1.2m
up €1.2m (+4477.8%), from €25,787 to €1.2m
- Reserves -€778,170
down €778,170 (-30.7%), from €2.5m to €1.8m
- Financial income -€54,000
down €54,000 (-12.0%), from €450,000 to €396,000
- Financial charges +€50,902
up €50,902 (+177.4%), from €28,699 to €79,602
- Taxes -€19,474
down €19,474 (-28.0%), from €69,500 to €50,026
- Gross operating margin -€1,550
down €1,550 (-1.2%), from €133,732 to €132,182
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 | €6,116,908 | €6,489,543 | +€372,635 | +6.1% |
| Fixed assets | 21/28 | €5,460,348 | €5,463,036 | +€2,688 | 0.0% |
| Tangible fixed assets | 22/27 | - | €2,688 | +€2,688 | |
| Furniture and vehicles | 24 | - | €2,688 | +€2,688 | |
| Financial fixed assets | 28 | €5,460,348 | €5,460,348 | = | 0.0% |
| Current assets | 29/58 | €656,560 | €1,026,507 | +€369,947 | +56.3% |
| Amounts receivable within one year | 40/41 | €643,358 | €1,000,491 | +€357,134 | +55.5% |
| Trade receivables | 40 | - | €1,216 | +€1,216 | |
| Other amounts receivable | 41 | €643,358 | €999,275 | +€355,917 | +55.3% |
| Cash at bank and in hand | 54/58 | €3,050 | €16,194 | +€13,144 | +430.9% |
| Deferred charges and accrued income | 490/1 | €10,152 | €9,822 | -€331 | -3.3% |
| Total equity and liabilities | 10/49 | €6,116,908 | €6,489,543 | +€372,635 | +6.1% |
| Equity | 10/15 | €5,310,887 | €4,532,717 | -€778,170 | -14.7% |
| Contributions | 10/11 | €1,100,000 | €1,100,000 | = | 0.0% |
| Reserves | 13 | €2,535,482 | €1,757,311 | -€778,170 | -30.7% |
| Distributable reserves | 133 | €2,535,482 | €1,757,311 | -€778,170 | -30.7% |
| Profit (loss) carried forward | 14 | €1,675,406 | €1,675,406 | = | 0.0% |
| Amounts payable | 17/49 | €806,021 | €1,956,826 | +€1.2m | +142.8% |
| Amounts payable after more than one year | 17 | €735,000 | €735,000 | = | 0.0% |
| Financial debts | 170/4 | €735,000 | €735,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €71,021 | €1,221,826 | +€1.2m | +1620.4% |
| Trade debts | 44 | €734 | €925 | +€191 | +26.0% |
| Suppliers | 440/4 | €734 | €925 | +€191 | +26.0% |
| Taxes, remuneration and social security | 45 | €44,500 | €40,418 | -€4,082 | -9.2% |
| Taxes | 450/3 | €44,500 | €40,418 | -€4,082 | -9.2% |
| Other amounts payable | 47/48 | €25,787 | €1,180,483 | +€1.2m | +4477.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €150 | +€150 | |
| Other operating charges | 640/8 | €1,708 | €1,650 | -€58 | -3.4% |
| Gross operating margin | 9900 | €133,732 | €132,182 | -€1,550 | -1.2% |
| Operating profit (loss) | 9901 | €132,024 | €130,382 | -€1,642 | -1.2% |
| Financial income | 75/76B | €450,000 | €396,000 | -€54,000 | -12.0% |
| Recurring financial income | 75 | €450,000 | €396,000 | -€54,000 | -12.0% |
| Financial charges | 65/66B | €28,699 | €79,602 | +€50,902 | +177.4% |
| Recurring financial charges | 65 | €28,699 | €79,602 | +€50,902 | +177.4% |
| Profit (loss) for the period before taxes | 9903 | €553,324 | €446,780 | -€106,544 | -19.3% |
| Income taxes | 67/77 | €69,500 | €50,026 | -€19,474 | -28.0% |
| Profit (loss) for the period | 9904 | €483,824 | €396,754 | -€87,070 | -18.0% |
| Profit (loss) for the period to be appropriated | 9905 | €483,824 | €396,754 | -€87,070 | -18.0% |
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 7 October 2026 via checked.be.