WADI GROUP: 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.
WADI GROUP
Largest movements
- Intangible fixed assets +€11,000
new in 2024: €11,000
- Cash +€761
up €761 (+394%), from €193 to €955
mainly Net result for the year (+€11,129) and Other debts (+€1,186)
- Receivables within one year +€531
up €531 (+106%), from €499 to €1,029
- Profit (loss) carried forward +€11,129
up €11,129 (+34.0%), from -€32,764 to -€21,635
- Other debts +€1,186
up €1,186 (+4.8%), from €24,670 to €25,856
- Gross operating margin -€10,396
down €10,396 (-29.6%), from €35,152 to €24,756
- Other operating charges +€3,698
up €3,698 (+37.9%), from €9,752 to €13,450
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 | €4,892 | €17,184 | +€12,292 | +251% |
| Fixed assets | 21/28 | €4,200 | €15,200 | +€11,000 | +262% |
| Intangible fixed assets | 21 | - | €11,000 | +€11,000 | |
| Financial fixed assets | 28 | €4,200 | €4,200 | = | 0.0% |
| Current assets | 29/58 | €692 | €1,984 | +€1,292 | +187% |
| Amounts receivable within one year | 40/41 | €499 | €1,029 | +€531 | +106% |
| Other amounts receivable | 41 | €499 | €1,029 | +€531 | +106% |
| Cash at bank and in hand | 54/58 | €193 | €955 | +€761 | +394% |
| Total equity and liabilities | 10/49 | €4,892 | €17,184 | +€12,292 | +251% |
| Equity | 10/15 | -€29,764 | -€18,635 | +€11,129 | +37.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€32,764 | -€21,635 | +€11,129 | +34.0% |
| Amounts payable | 17/49 | €34,657 | €35,820 | +€1,163 | +3.4% |
| Amounts payable within one year | 42/48 | €34,657 | €35,820 | +€1,163 | +3.4% |
| Trade debts | 44 | €9,987 | €9,963 | -€23 | -0.2% |
| Suppliers | 440/4 | €9,987 | €9,963 | -€23 | -0.2% |
| Other amounts payable | 47/48 | €24,670 | €25,856 | +€1,186 | +4.8% |
| Other operating charges | 640/8 | €9,752 | €13,450 | +€3,698 | +37.9% |
| Gross operating margin | 9900 | €35,152 | €24,756 | -€10,396 | -29.6% |
| Operating profit (loss) | 9901 | €25,400 | €11,307 | -€14,094 | -55.5% |
| Financial charges | 65/66B | €184 | €178 | -€6 | -3.4% |
| Recurring financial charges | 65 | €184 | €178 | -€6 | -3.4% |
| Profit (loss) for the period before taxes | 9903 | €25,216 | €11,129 | -€14,087 | -55.9% |
| Profit (loss) for the period | 9904 | €25,216 | €11,129 | -€14,087 | -55.9% |
| Profit (loss) for the period to be appropriated | 9905 | €25,216 | €11,129 | -€14,087 | -55.9% |
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 17 October 2026 via checked.be.