WADI HALFA: 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.
WADI HALFA
Largest movements
- Cash +€238,741
up €238,741 (+510.2%), from €46,796 to €285,537
mainly Receivables after one year (+€180,000) and Net result for the year (+€52,857)
- Receivables after one year -€180,000
down €180,000 (-42.9%), from €420,000 to €240,000
- Tangible fixed assets -€21,760
no longer reported in 2025 (was €21,760)
- Receivables within one year +€16,000
new in 2025: €16,000
- Profit (loss) carried forward +€52,857
new in 2025: €52,857
- Gross operating margin +€95,189
up €95,189, from -€42,293 to €52,896
- Other operating charges -€1,614
no longer reported in 2025 (was €1,614)
- Depreciation -€1,041
no longer reported in 2025 (was €1,041)
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.
Cash bridge derived
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 | €488,557 | €541,537 | +€52,981 | +10.8% |
| Fixed assets | 21/28 | €21,760 | - | -€21,760 | |
| Tangible fixed assets | 22/27 | €21,760 | - | -€21,760 | |
| Land and buildings | 22 | €21,760 | - | -€21,760 | |
| Current assets | 29/58 | €466,796 | €541,537 | +€74,741 | +16.0% |
| Amounts receivable after more than one year | 29 | €420,000 | €240,000 | -€180,000 | -42.9% |
| Other amounts receivable | 291 | €420,000 | €240,000 | -€180,000 | -42.9% |
| Amounts receivable within one year | 40/41 | - | €16,000 | +€16,000 | |
| Other amounts receivable | 41 | - | €16,000 | +€16,000 | |
| Cash at bank and in hand | 54/58 | €46,796 | €285,537 | +€238,741 | +510.2% |
| Total equity and liabilities | 10/49 | €488,557 | €541,537 | +€52,981 | +10.8% |
| Equity | 10/15 | €488,149 | €541,006 | +€52,857 | +10.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €481,949 | €481,949 | = | 0.0% |
| Distributable reserves | 133 | €481,949 | €481,949 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €52,857 | +€52,857 | |
| Amounts payable | 17/49 | €408 | €531 | +€124 | +30.3% |
| Amounts payable within one year | 42/48 | €408 | €531 | +€124 | +30.3% |
| Financial debts | 43 | €408 | €531 | +€124 | +30.3% |
| Credit institutions | 430/8 | €408 | €531 | +€124 | +30.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,041 | - | -€1,041 | |
| Other operating charges | 640/8 | €1,614 | - | -€1,614 | |
| Gross operating margin | 9900 | -€42,293 | €52,896 | +€95,189 | |
| Operating profit (loss) | 9901 | -€44,948 | €52,896 | +€97,844 | |
| Financial charges | 65/66B | €53 | €39 | -€14 | -25.7% |
| Recurring financial charges | 65 | €53 | €39 | -€14 | -25.7% |
| Profit (loss) for the period before taxes | 9903 | -€45,001 | €52,857 | +€97,858 | |
| Profit (loss) for the period | 9904 | -€45,001 | €52,857 | +€97,858 | |
| Profit (loss) for the period to be appropriated | 9905 | -€45,001 | €52,857 | +€97,858 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.