WADAH: 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.
WADAH
Largest movements
- Receivables within one year -€54,426
down €54,426 (-53.6%), from €101,534 to €47,107
of which Trade receivables: -€54,426
- Cash +€28,394
up €28,394 (+880.2%), from €3,226 to €31,619
mainly Receivables within one year (+€54,426) and Stocks and contracts (+€27,933)
- Stocks and contracts -€27,933
down €27,933 (-36.7%), from €76,104 to €48,170
- Tangible fixed assets +€2,849
up €2,849 (+195.6%), from €1,456 to €4,306
of which Plant, machinery and equipment: +€3,149
- Trade debts -€54,705
down €54,705 (-46.4%), from €117,914 to €63,209
- Profit (loss) carried forward +€8,174
up €8,174 (+118.8%), from €6,878 to €15,052
- Debts after one year -€3,327
down €3,327 (-79.6%), from €4,177 to €850
- Gross operating margin +€11,031
up €11,031 (+258.5%), from €4,267 to €15,298
- Taxes +€1,958
up €1,958 (+806.8%), from €243 to €2,200
- Other operating charges +€931
up €931 (+242.3%), from €384 to €1,315
- Financial charges +€621
up €621 (+30.5%), from €2,037 to €2,658
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.
Cash bridge derived
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 | €182,319 | €131,203 | -€51,117 | -28.0% |
| Fixed assets | 21/28 | €1,456 | €4,306 | +€2,849 | +195.6% |
| Tangible fixed assets | 22/27 | €1,456 | €4,306 | +€2,849 | +195.6% |
| Plant, machinery and equipment | 23 | - | €3,149 | +€3,149 | |
| Furniture and vehicles | 24 | €1,456 | €1,156 | -€300 | -20.6% |
| Current assets | 29/58 | €180,863 | €126,897 | -€53,966 | -29.8% |
| Stocks and contracts in progress | 3 | €76,104 | €48,170 | -€27,933 | -36.7% |
| Stocks | 30/36 | €76,104 | €48,170 | -€27,933 | -36.7% |
| Amounts receivable within one year | 40/41 | €101,534 | €47,107 | -€54,426 | -53.6% |
| Trade receivables | 40 | €97,738 | €43,312 | -€54,426 | -55.7% |
| Other amounts receivable | 41 | €3,796 | €3,796 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €3,226 | €31,619 | +€28,394 | +880.2% |
| Total equity and liabilities | 10/49 | €182,319 | €131,203 | -€51,117 | -28.0% |
| Equity | 10/15 | €11,878 | €20,052 | +€8,174 | +68.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,878 | €15,052 | +€8,174 | +118.8% |
| Amounts payable | 17/49 | €170,441 | €111,151 | -€59,290 | -34.8% |
| Amounts payable after more than one year | 17 | €4,177 | €850 | -€3,327 | -79.6% |
| Financial debts | 170/4 | €4,177 | €850 | -€3,327 | -79.6% |
| Amounts payable within one year | 42/48 | €166,264 | €110,301 | -€55,964 | -33.7% |
| Current portion of amounts payable after more than one year | 42 | €3,043 | €3,327 | +€284 | +9.3% |
| Trade debts | 44 | €117,914 | €63,209 | -€54,705 | -46.4% |
| Suppliers | 440/4 | €117,914 | €63,209 | -€54,705 | -46.4% |
| Taxes, remuneration and social security | 45 | €6,240 | €5,430 | -€810 | -13.0% |
| Taxes | 450/3 | €6,240 | €5,430 | -€810 | -13.0% |
| Other amounts payable | 47/48 | €39,068 | €38,335 | -€732 | -1.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €834 | €951 | +€117 | +14.0% |
| Other operating charges | 640/8 | €384 | €1,315 | +€931 | +242.3% |
| Gross operating margin | 9900 | €4,267 | €15,298 | +€11,031 | +258.5% |
| Operating profit (loss) | 9901 | €3,049 | €13,032 | +€9,983 | +327.4% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €2,037 | €2,658 | +€621 | +30.5% |
| Recurring financial charges | 65 | €2,037 | €2,658 | +€621 | +30.5% |
| Profit (loss) for the period before taxes | 9903 | €1,013 | €10,374 | +€9,362 | +924.6% |
| Income taxes | 67/77 | €243 | €2,200 | +€1,958 | +806.8% |
| Profit (loss) for the period | 9904 | €770 | €8,174 | +€7,404 | +961.7% |
| Profit (loss) for the period to be appropriated | 9905 | €770 | €8,174 | +€7,404 | +961.7% |
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 9 October 2026 via checked.be.