WADA: 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.
WADA
Largest movements
- Receivables within one year -€185,585
down €185,585 (-61.7%), from €300,585 to €115,000
of which Other amounts receivable: -€185,385
- Cash -€9,208
down €9,208 (-90.8%), from €10,146 to €938
mainly Other debts (-€260,000)
- Other debts -€260,000
no longer reported in 2025 (was €260,000)
- Reserves +€33,981
up €33,981 (+75.5%), from €45,019 to €79,000
- Trade debts +€24,010
up €24,010 (+3370.5%), from €712 to €24,722
- Tax, wage and social debts +€6,530
new in 2025: €6,530
- Gross operating margin +€95,903
up €95,903, from -€60,213 to €35,690
- Other operating charges +€789
up €789 (+668.7%), from €118 to €907
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 | €310,731 | €115,938 | -€194,794 | -62.7% |
| Current assets | 29/58 | €310,731 | €115,938 | -€194,794 | -62.7% |
| Amounts receivable within one year | 40/41 | €300,585 | €115,000 | -€185,585 | -61.7% |
| Trade receivables | 40 | €201 | - | -€201 | |
| Other amounts receivable | 41 | €300,385 | €115,000 | -€185,385 | -61.7% |
| Cash at bank and in hand | 54/58 | €10,146 | €938 | -€9,208 | -90.8% |
| Total equity and liabilities | 10/49 | €310,731 | €115,938 | -€194,794 | -62.7% |
| Equity | 10/15 | €50,019 | €84,685 | +€34,666 | +69.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €45,019 | €79,000 | +€33,981 | +75.5% |
| Distributable reserves | 133 | €45,019 | €79,000 | +€33,981 | +75.5% |
| Profit (loss) carried forward | 14 | - | €685 | +€685 | |
| Amounts payable | 17/49 | €260,712 | €31,252 | -€229,460 | -88.0% |
| Amounts payable within one year | 42/48 | €260,712 | €31,252 | -€229,460 | -88.0% |
| Trade debts | 44 | €712 | €24,722 | +€24,010 | +3370.5% |
| Suppliers | 440/4 | €712 | €24,722 | +€24,010 | +3370.5% |
| Taxes, remuneration and social security | 45 | - | €6,530 | +€6,530 | |
| Taxes | 450/3 | - | €6,530 | +€6,530 | |
| Other amounts payable | 47/48 | €260,000 | - | -€260,000 | |
| Other operating charges | 640/8 | €118 | €907 | +€789 | +668.7% |
| Gross operating margin | 9900 | -€60,213 | €35,690 | +€95,903 | |
| Operating profit (loss) | 9901 | -€60,331 | €34,783 | +€95,114 | |
| Financial charges | 65/66B | €70 | €116 | +€47 | +67.3% |
| Recurring financial charges | 65 | €70 | €116 | +€47 | +67.3% |
| Profit (loss) for the period before taxes | 9903 | -€60,401 | €34,666 | +€95,067 | |
| Profit (loss) for the period | 9904 | -€60,401 | €34,666 | +€95,067 | |
| Profit (loss) for the period to be appropriated | 9905 | -€60,401 | €34,666 | +€95,067 |
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 3 October 2026 via checked.be.