Waesberghoeve: what changed
What changed
Waesberghoeve
filed annual accounts (NBB)
Net result for the year
€4,288
2024 · €2,400+€1,889
Equity
€114,335
2024 · €110,047+€4,288
Cash
€18
2024 · €8,910-€8,892
Balance sheet total
€756,062
2024 · €349,381+€406,681
Largest movements
Assets
- Tangible fixed assets +€421,502
up €421,502 (+126%), from €334,471 to €755,973
- Cash -€8,892
down €8,892 (-99.8%), from €8,910 to €18
mainly Investment in fixed assets (net) (-€421,502)
Equity and liabilities
- Other debts +€400,000
up €400,000 (+168%), from €238,435 to €638,435
Income statement
- Gross operating margin +€2,673
up €2,673 (+49.4%), from €5,412 to €8,085
- Taxes +€662
up €662 (+73.7%), from €899 to €1,561
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€2,400
Gross operating margin
+€2,673
Other operating charges
-€61
Financial income
-€9
Financial charges
-€52
Taxes
-€662
Result 2025
€4,288
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€412,610
Investment
-€421,502
Financing
€0
Cash 2024
€8,910
From operations (derived)
+€412,610
Net result for the year
+€4,288
Deferred charges and accrued income
+€5,929
Trade debts
+€1,730
Tax, wage and social debts
+€662
Other debts
+€400,000
Investment (derived)
-€421,502
Investment in fixed assets (net)
-€421,502
Cash 2025
€18
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €349,381 | €756,062 | +€406,681 | +116% |
| Fixed assets | 21/28 | €334,471 | €755,973 | +€421,502 | +126% |
| Tangible fixed assets | 22/27 | €334,471 | €755,973 | +€421,502 | +126% |
| Land and buildings | 22 | €334,471 | €755,973 | +€421,502 | +126% |
| Current assets | 29/58 | €14,910 | €89 | -€14,821 | -99.4% |
| Amounts receivable within one year | 40/41 | €0 | - | = | |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €8,910 | €18 | -€8,892 | -99.8% |
| Deferred charges and accrued income | 490/1 | €6,000 | €71 | -€5,929 | -98.8% |
| Total equity and liabilities | 10/49 | €349,381 | €756,062 | +€406,681 | +116% |
| Equity | 10/15 | €110,047 | €114,335 | +€4,288 | +3.9% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €41,847 | €46,135 | +€4,288 | +10.2% |
| Amounts payable | 17/49 | €239,334 | €641,726 | +€402,393 | +168% |
| Amounts payable within one year | 42/48 | €239,334 | €641,726 | +€402,393 | +168% |
| Trade debts | 44 | €0 | €1,730 | +€1,730 | |
| Suppliers | 440/4 | €0 | €1,730 | +€1,730 | |
| Taxes, remuneration and social security | 45 | €899 | €1,561 | +€662 | +73.7% |
| Taxes | 450/3 | €899 | €1,561 | +€662 | +73.7% |
| Other amounts payable | 47/48 | €238,435 | €638,435 | +€400,000 | +168% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | = | |
| Other operating charges | 640/8 | €2,005 | €2,066 | +€61 | +3.1% |
| Gross operating margin | 9900 | €5,412 | €8,085 | +€2,673 | +49.4% |
| Operating profit (loss) | 9901 | €3,407 | €6,019 | +€2,612 | +76.7% |
| Financial income | 75/76B | €9 | €0 | -€9 | -100% |
| Recurring financial income | 75 | €9 | €0 | -€9 | -100% |
| Financial charges | 65/66B | €117 | €169 | +€52 | +44.3% |
| Recurring financial charges | 65 | €117 | €169 | +€52 | +44.3% |
| Profit (loss) for the period before taxes | 9903 | €3,299 | €5,850 | +€2,551 | +77.3% |
| Income taxes | 67/77 | €899 | €1,561 | +€662 | +73.7% |
| Profit (loss) for the period | 9904 | €2,400 | €4,288 | +€1,889 | +78.7% |
| Profit (loss) for the period to be appropriated | 9905 | €2,400 | €4,288 | +€1,889 | +78.7% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.