WAFA BEN ABBOU: 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.
WAFA BEN ABBOU
Largest movements
- Deferred charges and accrued income +€10,836
up €10,836 (+135%), from €8,004 to €18,840
- Tangible fixed assets -€7,499
down €7,499 (-30.9%), from €24,283 to €16,784
of which Leasing and similar rights: -€6,720
- Cash +€4,169
up €4,169 (+10.6%), from €39,437 to €43,606
mainly Net result for the year (+€13,124) and Depreciation (+€8,698)
- Receivables within one year -€3,014
down €3,014 (-14.5%), from €20,743 to €17,730
of which Trade receivables: -€4,498
- Profit (loss) carried forward +€13,124
up €13,124 (+70.3%), from -€18,673 to -€5,549
- Debts after one year -€8,715
down €8,715 (-79.7%), from €10,935 to €2,220
- Tax, wage and social debts -€1,222
down €1,222 (-42.3%), from €2,886 to €1,664
of which Remuneration and social security: -€2,500
- Trade debts +€1,121
up €1,121 (+30.0%), from €3,736 to €4,857
- Gross operating margin +€27,000
up €27,000, from -€2,480 to €24,520
- Taxes +€1,433
up €1,433 (+622%), from €231 to €1,664
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 | €92,571 | €97,064 | +€4,493 | +4.9% |
| Fixed assets | 21/28 | €24,388 | €16,889 | -€7,499 | -30.7% |
| Tangible fixed assets | 22/27 | €24,283 | €16,784 | -€7,499 | -30.9% |
| Furniture and vehicles | 24 | €2,282 | €1,503 | -€779 | -34.1% |
| Leasing and similar rights | 25 | €22,001 | €15,281 | -€6,720 | -30.5% |
| Financial fixed assets | 28 | €105 | €105 | = | 0.0% |
| Current assets | 29/58 | €68,184 | €80,175 | +€11,991 | +17.6% |
| Amounts receivable within one year | 40/41 | €20,743 | €17,730 | -€3,014 | -14.5% |
| Trade receivables | 40 | €13,922 | €9,424 | -€4,498 | -32.3% |
| Other amounts receivable | 41 | €6,821 | €8,305 | +€1,484 | +21.8% |
| Cash at bank and in hand | 54/58 | €39,437 | €43,606 | +€4,169 | +10.6% |
| Deferred charges and accrued income | 490/1 | €8,004 | €18,840 | +€10,836 | +135% |
| Total equity and liabilities | 10/49 | €92,571 | €97,064 | +€4,493 | +4.9% |
| Equity | 10/15 | €66,452 | €79,575 | +€13,124 | +19.7% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €81,124 | €81,124 | = | 0.0% |
| Distributable reserves | 133 | €81,124 | €81,124 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€18,673 | -€5,549 | +€13,124 | +70.3% |
| Amounts payable | 17/49 | €26,120 | €17,489 | -€8,631 | -33.0% |
| Amounts payable after more than one year | 17 | €10,935 | €2,220 | -€8,715 | -79.7% |
| Financial debts | 170/4 | €10,935 | €2,220 | -€8,715 | -79.7% |
| Amounts payable within one year | 42/48 | €15,081 | €15,237 | +€156 | +1.0% |
| Current portion of amounts payable after more than one year | 42 | €8,458 | €8,715 | +€257 | +3.0% |
| Trade debts | 44 | €3,736 | €4,857 | +€1,121 | +30.0% |
| Suppliers | 440/4 | €3,736 | €4,857 | +€1,121 | +30.0% |
| Taxes, remuneration and social security | 45 | €2,886 | €1,664 | -€1,222 | -42.3% |
| Taxes | 450/3 | €386 | €1,664 | +€1,278 | +331% |
| Remuneration and social security | 454/9 | €2,500 | €0 | -€2,500 | -100% |
| Accrued charges and deferred income | 492/3 | €104 | €32 | -€71 | -68.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,664 | €8,698 | +€33 | +0.4% |
| Other operating charges | 640/8 | €911 | €875 | -€36 | -4.0% |
| Gross operating margin | 9900 | -€2,480 | €24,520 | +€27,000 | |
| Operating profit (loss) | 9901 | -€12,055 | €14,947 | +€27,002 | |
| Financial income | 75/76B | €384 | €410 | +€25 | +6.6% |
| Recurring financial income | 75 | €384 | €410 | +€25 | +6.6% |
| Financial charges | 65/66B | €808 | €569 | -€239 | -29.6% |
| Recurring financial charges | 65 | €808 | €569 | -€239 | -29.6% |
| Profit (loss) for the period before taxes | 9903 | -€12,479 | €14,788 | +€27,267 | |
| Income taxes | 67/77 | €231 | €1,664 | +€1,433 | +622% |
| Profit (loss) for the period | 9904 | -€12,709 | €13,124 | +€25,833 | |
| Profit (loss) for the period to be appropriated | 9905 | -€12,709 | €13,124 | +€25,833 |
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 26 October 2026 via checked.be.