WADENA: 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.
WADENA
Largest movements
- Financial fixed assets -€706,220
down €706,220 (-27.1%), from €2.6m to €1.9m
- Current investments -€410,876
down €410,876 (-34.6%), from €1.2m to €777,394
- Cash -€64,299
down €64,299 (-88.6%), from €72,591 to €8,292
mainly Other debts (-€660,600) and Contributions, distributions and other (-€526,033)
- Other debts -€660,600
down €660,600 (-58.9%), from €1.1m to €461,871
- Reserves -€515,409
down €515,409 (-18.9%), from €2.7m to €2.2m
of which Distributable reserves: -€515,409
- Financial income -€65,257
down €65,257 (-79.0%), from €82,636 to €17,379
- Taxes -€5,887
down €5,887 (-84.7%), from €6,949 to €1,062
- Gross operating margin +€621
up €621 (+11.6%), from -€5,368 to -€4,748
- Financial charges +€59
up €59 (+16.4%), from €359 to €418
- Other operating charges +€57
up €57 (+12.2%), from €471 to €528
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 | €3,913,291 | €2,731,895 | -€1.2m | -30.2% |
| Fixed assets | 21/28 | €2,602,429 | €1,896,209 | -€706,220 | -27.1% |
| Financial fixed assets | 28 | €2,602,429 | €1,896,209 | -€706,220 | -27.1% |
| Current assets | 29/58 | €1,310,862 | €835,686 | -€475,175 | -36.2% |
| Current investments | 50/53 | €1,188,270 | €777,394 | -€410,876 | -34.6% |
| Cash at bank and in hand | 54/58 | €72,591 | €8,292 | -€64,299 | -88.6% |
| Deferred charges and accrued income | 490/1 | €50,000 | €50,000 | = | 0.0% |
| Total equity and liabilities | 10/49 | €3,913,291 | €2,731,895 | -€1.2m | -30.2% |
| Equity | 10/15 | €2,782,871 | €2,267,462 | -€515,409 | -18.5% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €2,721,371 | €2,205,962 | -€515,409 | -18.9% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Distributable reserves | 133 | €2,715,221 | €2,199,812 | -€515,409 | -19.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €1,130,420 | €464,434 | -€665,986 | -58.9% |
| Amounts payable within one year | 42/48 | €1,129,420 | €462,934 | -€666,486 | -59.0% |
| Taxes, remuneration and social security | 45 | €6,949 | €1,062 | -€5,887 | -84.7% |
| Taxes | 450/3 | €6,949 | €1,062 | -€5,887 | -84.7% |
| Other amounts payable | 47/48 | €1,122,471 | €461,871 | -€660,600 | -58.9% |
| Accrued charges and deferred income | 492/3 | €1,000 | €1,500 | +€500 | +50.0% |
| Other operating charges | 640/8 | €471 | €528 | +€57 | +12.2% |
| Gross operating margin | 9900 | -€5,368 | -€4,748 | +€621 | +11.6% |
| Operating profit (loss) | 9901 | -€5,839 | -€5,275 | +€563 | +9.6% |
| Financial income | 75/76B | €82,636 | €17,379 | -€65,257 | -79.0% |
| Recurring financial income | 75 | €82,636 | €17,379 | -€65,257 | -79.0% |
| Financial charges | 65/66B | €359 | €418 | +€59 | +16.4% |
| Recurring financial charges | 65 | €359 | €418 | +€59 | +16.4% |
| Profit (loss) for the period before taxes | 9903 | €76,439 | €11,686 | -€64,753 | -84.7% |
| Income taxes | 67/77 | €6,949 | €1,062 | -€5,887 | -84.7% |
| Profit (loss) for the period | 9904 | €69,490 | €10,624 | -€58,866 | -84.7% |
| Profit (loss) for the period to be appropriated | 9905 | €69,490 | €10,624 | -€58,866 | -84.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.