WAEYSHOEK: 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.
WAEYSHOEK
Largest movements
- Tangible fixed assets +€6,648
up €6,648 (+3.8%), from €177,049 to €183,698
- Profit (loss) carried forward +€5,926
up €5,926 (+1.7%), from -€339,959 to -€334,033
- Depreciation -€13,938
down €13,938 (-93.1%), from €14,977 to €1,039
- Gross operating margin -€1,698
down €1,698 (-13.3%), from €12,781 to €11,083
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 | €177,176 | €183,938 | +€6,762 | +3.8% |
| Fixed assets | 21/28 | €177,049 | €183,698 | +€6,648 | +3.8% |
| Tangible fixed assets | 22/27 | €177,049 | €183,698 | +€6,648 | +3.8% |
| Land and buildings | 22 | €177,049 | €183,698 | +€6,648 | +3.8% |
| Current assets | 29/58 | €127 | €240 | +€114 | +89.6% |
| Cash at bank and in hand | 54/58 | €127 | €240 | +€114 | +89.6% |
| Total equity and liabilities | 10/49 | €177,176 | €183,938 | +€6,762 | +3.8% |
| Equity | 10/15 | €100,117 | €106,042 | +€5,926 | +5.9% |
| Contributions | 10/11 | €425,000 | €425,000 | = | 0.0% |
| Capital | 10 | €425,000 | €425,000 | = | 0.0% |
| Issued capital | 100 | €425,000 | €425,000 | = | 0.0% |
| Reserves | 13 | €15,076 | €15,076 | = | 0.0% |
| Non-distributable reserves | 130/1 | €868 | €868 | = | 0.0% |
| Legal reserve | 130 | €868 | €868 | = | 0.0% |
| Distributable reserves | 133 | €14,208 | €14,208 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€339,959 | -€334,033 | +€5,926 | +1.7% |
| Amounts payable | 17/49 | €77,060 | €77,895 | +€836 | +1.1% |
| Amounts payable within one year | 42/48 | €77,060 | €77,895 | +€836 | +1.1% |
| Other amounts payable | 47/48 | €77,060 | €77,895 | +€836 | +1.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,977 | €1,039 | -€13,938 | -93.1% |
| Other operating charges | 640/8 | €3,680 | €3,793 | +€113 | +3.1% |
| Gross operating margin | 9900 | €12,781 | €11,083 | -€1,698 | -13.3% |
| Operating profit (loss) | 9901 | -€5,876 | €6,251 | +€12,127 | |
| Financial charges | 65/66B | €221 | €325 | +€104 | +47.2% |
| Recurring financial charges | 65 | €221 | €325 | +€104 | +47.2% |
| Profit (loss) for the period before taxes | 9903 | -€6,097 | €5,926 | +€12,023 | |
| Profit (loss) for the period | 9904 | -€6,097 | €5,926 | +€12,023 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,097 | €5,926 | +€12,023 |
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 30 October 2026 via checked.be.