WAF SERVICE: what changed
WAF SERVICE
Largest movements
- Stocks and contracts +€11,350
up €11,350 (+138%), from €8,250 to €19,600
- Cash +€1,719
up €1,719 (+129%), from €1,331 to €3,050
mainly Other debts (+€18,173) and Deferred charges and accrued income (+€800)
- Deferred charges and accrued income -€800
no longer reported in 2025 (was €800)
- Other debts +€18,173
up €18,173 (+1,248%), from €1,456 to €19,629
- Trade debts -€5,804
down €5,804 (-67.4%), from €8,605 to €2,801
- Gross operating margin +€4,675
up €4,675, from -€1,864 to €2,811
- Taxes +€341
new in 2025: €341
- Financial income +€172
new in 2025: €172
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €10,381 | €22,650 | +€12,269 | +118% |
| Current assets | 29/58 | €10,381 | €22,650 | +€12,269 | +118% |
| Stocks and contracts in progress | 3 | €8,250 | €19,600 | +€11,350 | +138% |
| Stocks | 30/36 | €8,250 | €19,600 | +€11,350 | +138% |
| Cash at bank and in hand | 54/58 | €1,331 | €3,050 | +€1,719 | +129% |
| Deferred charges and accrued income | 490/1 | €800 | - | -€800 | |
| Total equity and liabilities | 10/49 | €10,381 | €22,650 | +€12,269 | +118% |
| Equity | 10/15 | €97 | €103 | +€6 | +6.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€18,503 | -€18,497 | +€6 | 0.0% |
| Amounts payable | 17/49 | €10,284 | €22,547 | +€12,263 | +119% |
| Amounts payable within one year | 42/48 | €10,284 | €22,547 | +€12,263 | +119% |
| Trade debts | 44 | €8,605 | €2,801 | -€5,804 | -67.4% |
| Suppliers | 440/4 | €8,605 | €2,801 | -€5,804 | -67.4% |
| Taxes, remuneration and social security | 45 | €223 | €117 | -€106 | -47.5% |
| Taxes | 450/3 | €223 | €117 | -€106 | -47.5% |
| Other amounts payable | 47/48 | €1,456 | €19,629 | +€18,173 | +1,248% |
| Other operating charges | 640/8 | €407 | €400 | -€7 | -1.7% |
| Non-recurring operating charges | 66A | - | €2,190 | +€2,190 | |
| Gross operating margin | 9900 | -€1,864 | €2,811 | +€4,675 | |
| Operating profit (loss) | 9901 | -€2,271 | €221 | +€2,492 | |
| Financial income | 75/76B | - | €172 | +€172 | |
| Recurring financial income | 75 | - | €172 | +€172 | |
| Financial charges | 65/66B | €46 | €46 | = | 0.0% |
| Recurring financial charges | 65 | €46 | €46 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | -€2,317 | €347 | +€2,664 | |
| Income taxes | 67/77 | - | €341 | +€341 | |
| Profit (loss) for the period | 9904 | -€2,317 | €6 | +€2,323 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,317 | €6 | +€2,323 |
Next steps
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 2 November 2026 via checked.be.