WADELIMMO: 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.
WADELIMMO
Largest movements
- Tangible fixed assets -€25,300
down €25,300 (-6.4%), from €396,750 to €371,451
- Reserves -€20,909
down €20,909 (-6.3%), from €329,718 to €308,809
of which Distributable reserves: -€20,909
- Taxes +€2,360
up €2,360 (+94.4%), from €2,500 to €4,860
- Gross operating margin +€1,304
up €1,304 (+2.8%), from €45,789 to €47,093
- Other operating charges +€569
up €569 (+10.5%), from €5,401 to €5,970
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.
Derived cash bridge
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 | €415,716 | €394,888 | -€20,828 | -5.0% |
| Fixed assets | 21/28 | €396,750 | €371,451 | -€25,300 | -6.4% |
| Tangible fixed assets | 22/27 | €396,750 | €371,451 | -€25,300 | -6.4% |
| Land and buildings | 22 | €396,750 | €371,451 | -€25,300 | -6.4% |
| Current assets | 29/58 | €18,966 | €23,437 | +€4,472 | +23.6% |
| Amounts receivable within one year | 40/41 | €5,000 | €5,030 | +€30 | +0.6% |
| Other amounts receivable | 41 | €5,000 | €5,030 | +€30 | +0.6% |
| Cash at bank and in hand | 54/58 | €13,966 | €17,300 | +€3,334 | +23.9% |
| Deferred charges and accrued income | 490/1 | - | €1,108 | +€1,108 | |
| Total equity and liabilities | 10/49 | €415,716 | €394,888 | -€20,828 | -5.0% |
| Equity | 10/15 | €415,716 | €394,888 | -€20,828 | -5.0% |
| Contributions | 10/11 | €27,358 | €27,358 | = | 0.0% |
| Reserves | 13 | €329,718 | €308,809 | -€20,909 | -6.3% |
| Non-distributable reserves | 130/1 | €8,199 | €8,199 | = | 0.0% |
| Reserves not available under the articles | 1311 | €8,199 | €8,199 | = | 0.0% |
| Distributable reserves | 133 | €321,519 | €300,610 | -€20,909 | -6.5% |
| Profit (loss) carried forward | 14 | €58,641 | €58,721 | +€81 | +0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,169 | €25,300 | +€131 | +0.5% |
| Other operating charges | 640/8 | €5,401 | €5,970 | +€569 | +10.5% |
| Gross operating margin | 9900 | €45,789 | €47,093 | +€1,304 | +2.8% |
| Operating profit (loss) | 9901 | €15,220 | €15,823 | +€603 | +4.0% |
| Financial charges | 65/66B | €461 | €212 | -€249 | -53.9% |
| Recurring financial charges | 65 | €461 | €212 | -€249 | -53.9% |
| Profit (loss) for the period before taxes | 9903 | €14,759 | €15,611 | +€852 | +5.8% |
| Income taxes | 67/77 | €2,500 | €4,860 | +€2,360 | +94.4% |
| Profit (loss) for the period | 9904 | €12,259 | €10,751 | -€1,508 | -12.3% |
| Profit (loss) for the period to be appropriated | 9905 | €12,259 | €10,751 | -€1,508 | -12.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.