WACKENS DIRK: 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.
WACKENS DIRK
Largest movements
- Tangible fixed assets -€14,233
down €14,233 (-25.1%), from €56,696 to €42,463
of which Furniture and vehicles: -€11,648
- Receivables within one year -€10,800
down €10,800 (-21.9%), from €49,274 to €38,474
of which Other amounts receivable: -€9,445
- Stocks and contracts +€7,500
new in 2024: €7,500
- Cash +€4,935
new in 2024: €4,935
mainly Depreciation (+€14,926) and Receivables within one year (+€10,800)
- Reserves -€30,038
down €30,038 (-20.8%), from €144,231 to €114,193
of which Distributable reserves: -€30,038
- Profit (loss) carried forward +€15,507
no longer reported in 2024 (was -€15,507)
- Other debts +€9,212
up €9,212 (+212%), from €4,338 to €13,550
- Debts after one year -€7,719
down €7,719 (-25.9%), from €29,791 to €22,072
- Trade debts +€3,485
up €3,485 (+334%), from €1,042 to €4,527
- Depreciation -€8,747
down €8,747 (-37.0%), from €23,673 to €14,926
- Gross operating margin -€7,950
down €7,950 (-60.2%), from €13,197 to €5,247
- Other operating charges +€1,202
up €1,202 (+150%), from €801 to €2,003
- Financial charges +€1,196
up €1,196 (+75.5%), from €1,583 to €2,779
From the 2023 result to the 2024 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.
Derived cash bridge
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €182,793 | €168,339 | -€14,454 | -7.9% |
| Fixed assets | 21/28 | €57,979 | €42,495 | -€15,484 | -26.7% |
| Tangible fixed assets | 22/27 | €56,696 | €42,463 | -€14,233 | -25.1% |
| Plant, machinery and equipment | 23 | €2,279 | €167 | -€2,112 | -92.7% |
| Furniture and vehicles | 24 | €53,944 | €42,296 | -€11,648 | -21.6% |
| Leasing and similar rights | 25 | €473 | - | -€473 | |
| Financial fixed assets | 28 | €1,282 | €32 | -€1,250 | -97.5% |
| Current assets | 29/58 | €124,815 | €125,844 | +€1,029 | +0.8% |
| Amounts receivable after more than one year | 29 | €63,645 | €63,645 | +€0 | 0.0% |
| Trade receivables | 290 | €63,645 | €63,645 | +€0 | 0.0% |
| Stocks and contracts in progress | 3 | - | €7,500 | +€7,500 | |
| Stocks | 30/36 | - | €7,500 | +€7,500 | |
| Amounts receivable within one year | 40/41 | €49,274 | €38,474 | -€10,800 | -21.9% |
| Trade receivables | 40 | €31,215 | €29,860 | -€1,355 | -4.3% |
| Other amounts receivable | 41 | €18,059 | €8,614 | -€9,445 | -52.3% |
| Cash at bank and in hand | 54/58 | - | €4,935 | +€4,935 | |
| Deferred charges and accrued income | 490/1 | €11,896 | €11,290 | -€606 | -5.1% |
| Total equity and liabilities | 10/49 | €182,793 | €168,339 | -€14,454 | -7.9% |
| Equity | 10/15 | €134,924 | €120,393 | -€14,531 | -10.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €144,231 | €114,193 | -€30,038 | -20.8% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | -€0 | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | -€0 | 0.0% |
| Distributable reserves | 133 | €142,372 | €112,334 | -€30,038 | -21.1% |
| Profit (loss) carried forward | 14 | -€15,507 | - | +€15,507 | |
| Amounts payable | 17/49 | €47,870 | €47,946 | +€76 | +0.2% |
| Amounts payable after more than one year | 17 | €29,791 | €22,072 | -€7,719 | -25.9% |
| Financial debts | 170/4 | €29,791 | €22,072 | -€7,719 | -25.9% |
| Amounts payable within one year | 42/48 | €18,078 | €25,874 | +€7,796 | +43.1% |
| Current portion of amounts payable after more than one year | 42 | €10,103 | €7,720 | -€2,383 | -23.6% |
| Financial debts | 43 | €2,463 | - | -€2,463 | |
| Credit institutions | 430/8 | €2,463 | - | -€2,463 | |
| Trade debts | 44 | €1,042 | €4,527 | +€3,485 | +334% |
| Suppliers | 440/4 | €1,042 | €4,527 | +€3,485 | +334% |
| Taxes, remuneration and social security | 45 | €132 | €77 | -€55 | -41.5% |
| Taxes | 450/3 | €132 | €77 | -€55 | -41.5% |
| Other amounts payable | 47/48 | €4,338 | €13,550 | +€9,212 | +212% |
| Non-recurring operating income | 76A | €23,792 | - | -€23,792 | |
| Remuneration, social security and pensions | 62 | €19 | - | -€19 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,673 | €14,926 | -€8,747 | -37.0% |
| Other operating charges | 640/8 | €801 | €2,003 | +€1,202 | +150% |
| Gross operating margin | 9900 | €13,197 | €5,247 | -€7,950 | -60.2% |
| Operating profit (loss) | 9901 | -€11,296 | -€11,682 | -€386 | -3.4% |
| Financial income | 75/76B | €70 | €7 | -€63 | -90.1% |
| Recurring financial income | 75 | €70 | €7 | -€63 | -90.1% |
| Financial charges | 65/66B | €1,583 | €2,779 | +€1,196 | +75.5% |
| Recurring financial charges | 65 | €1,583 | €2,779 | +€1,196 | +75.5% |
| Profit (loss) for the period before taxes | 9903 | -€12,809 | -€14,454 | -€1,645 | -12.8% |
| Income taxes | 67/77 | €205 | €77 | -€128 | -62.4% |
| Profit (loss) for the period | 9904 | -€13,014 | -€14,531 | -€1,517 | -11.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€13,014 | -€14,531 | -€1,517 | -11.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.