WADAAN: 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.
WADAAN
Largest movements
- Receivables within one year -€7,933
down €7,933 (-60.3%), from €13,167 to €5,234
of which Other amounts receivable: -€11,097
- Cash +€6,655
up €6,655 (+894%), from €745 to €7,399
mainly Receivables within one year (+€7,933) and Net result for the year (+€3,838)
- Stocks and contracts +€4,791
up €4,791 (+46.1%), from €10,387 to €15,178
- Profit (loss) carried forward +€3,838
up €3,838 (+46.3%), from €8,283 to €12,120
- Trade debts -€612
down €612 (-89.1%), from €688 to €75
- Turnover +€81,547
up €81,547 (+23.9%), from €340,640 to €422,187
- Purchases and services +€80,561
up €80,561 (+24.5%), from €329,474 to €410,035
- Staff costs +€5,486
new in 2024: €5,486
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 | €24,405 | €27,811 | +€3,406 | +14.0% |
| Current assets | 29/58 | €24,405 | €27,811 | +€3,406 | +14.0% |
| Stocks and contracts in progress | 3 | €10,387 | €15,178 | +€4,791 | +46.1% |
| Stocks | 30/36 | €10,387 | €15,178 | +€4,791 | +46.1% |
| Amounts receivable within one year | 40/41 | €13,167 | €5,234 | -€7,933 | -60.3% |
| Trade receivables | 40 | €1,881 | €5,046 | +€3,164 | +168% |
| Other amounts receivable | 41 | €11,285 | €188 | -€11,097 | -98.3% |
| Cash at bank and in hand | 54/58 | €745 | €7,399 | +€6,655 | +894% |
| Deferred charges and accrued income | 490/1 | €106 | - | -€106 | |
| Total equity and liabilities | 10/49 | €24,405 | €27,811 | +€3,406 | +14.0% |
| Equity | 10/15 | €18,283 | €22,120 | +€3,838 | +21.0% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,283 | €12,120 | +€3,838 | +46.3% |
| Amounts payable | 17/49 | €6,122 | €5,691 | -€431 | -7.0% |
| Amounts payable within one year | 42/48 | €6,122 | €5,691 | -€431 | -7.0% |
| Trade debts | 44 | €688 | €75 | -€612 | -89.1% |
| Suppliers | 440/4 | €688 | €75 | -€612 | -89.1% |
| Taxes, remuneration and social security | 45 | €5,434 | €5,615 | +€181 | +3.3% |
| Taxes | 450/3 | €5,434 | €5,615 | +€181 | +3.3% |
| Turnover | 70 | €340,640 | €422,187 | +€81,547 | +23.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €329,474 | €410,035 | +€80,561 | +24.5% |
| Remuneration, social security and pensions | 62 | - | €5,486 | +€5,486 | |
| Other operating charges | 640/8 | €160 | €984 | +€824 | +515% |
| Gross operating margin | 9900 | €11,166 | €12,152 | +€986 | +8.8% |
| Operating profit (loss) | 9901 | €11,006 | €5,682 | -€5,324 | -48.4% |
| Financial charges | 65/66B | €324 | €565 | +€241 | +74.4% |
| Recurring financial charges | 65 | €324 | €565 | +€241 | +74.4% |
| Profit (loss) for the period before taxes | 9903 | €10,682 | €5,117 | -€5,565 | -52.1% |
| Income taxes | 67/77 | €2,859 | €1,279 | -€1,580 | -55.3% |
| Profit (loss) for the period | 9904 | €7,823 | €3,838 | -€3,985 | -50.9% |
| Profit (loss) for the period to be appropriated | 9905 | €7,823 | €3,838 | -€3,985 | -50.9% |
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 31 October 2026 via checked.be.