WAFAI: 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.
WAFAI
Largest movements
- Receivables within one year +€7,883
up €7,883 (+64.2%), from €12,278 to €20,161
of which Trade receivables: +€4,177
- Stocks and contracts +€1,614
up €1,614 (+19.3%), from €8,373 to €9,988
- Tangible fixed assets -€1,130
no longer reported in 2024 (was €1,130)
- Cash -€861
down €861 (-59.3%), from €1,451 to €591
mainly Receivables within one year (-€7,883) and Stocks and contracts (-€1,614)
- Trade debts +€3,954
up €3,954 (+125%), from €3,151 to €7,105
- Profit (loss) carried forward +€2,511
up €2,511 (+16.8%), from €14,922 to €17,433
- Tax, wage and social debts +€666
up €666 (+13.8%), from €4,836 to €5,502
- Other operating charges -€1,573
down €1,573 (-90.3%), from €1,742 to €169
- Gross operating margin +€1,006
up €1,006 (+25.3%), from €3,979 to €4,985
- Taxes +€231
up €231 (+53.3%), from €434 to €666
- Financial charges +€179
up €179 (+222%), from €80 to €259
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €24,909 | €32,040 | +€7,130 | +28.6% |
| Fixed assets | 21/28 | €2,680 | €1,300 | -€1,380 | -51.5% |
| Intangible fixed assets | 21 | €1,500 | €1,250 | -€250 | -16.7% |
| Tangible fixed assets | 22/27 | €1,130 | - | -€1,130 | |
| Furniture and vehicles | 24 | €1,130 | - | -€1,130 | |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €22,229 | €30,740 | +€8,510 | +38.3% |
| Stocks and contracts in progress | 3 | €8,373 | €9,988 | +€1,614 | +19.3% |
| Stocks | 30/36 | €8,373 | €9,988 | +€1,614 | +19.3% |
| Amounts receivable within one year | 40/41 | €12,278 | €20,161 | +€7,883 | +64.2% |
| Trade receivables | 40 | - | €4,177 | +€4,177 | |
| Other amounts receivable | 41 | €12,278 | €15,984 | +€3,706 | +30.2% |
| Cash at bank and in hand | 54/58 | €1,451 | €591 | -€861 | -59.3% |
| Deferred charges and accrued income | 490/1 | €126 | - | -€126 | |
| Total equity and liabilities | 10/49 | €24,909 | €32,040 | +€7,130 | +28.6% |
| Equity | 10/15 | €16,922 | €19,433 | +€2,511 | +14.8% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Contributions outside capital | 11 | €2,000 | - | -€2,000 | |
| Other | 1109/19 | €2,000 | - | -€2,000 | |
| Profit (loss) carried forward | 14 | €14,922 | €17,433 | +€2,511 | +16.8% |
| Amounts payable | 17/49 | €7,987 | €12,607 | +€4,619 | +57.8% |
| Amounts payable within one year | 42/48 | €7,987 | €12,607 | +€4,619 | +57.8% |
| Trade debts | 44 | €3,151 | €7,105 | +€3,954 | +125% |
| Suppliers | 440/4 | €3,151 | €7,105 | +€3,954 | +125% |
| Taxes, remuneration and social security | 45 | €4,836 | €5,502 | +€666 | +13.8% |
| Taxes | 450/3 | €4,836 | €5,502 | +€666 | +13.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,380 | €1,380 | = | 0.0% |
| Other operating charges | 640/8 | €1,742 | €169 | -€1,573 | -90.3% |
| Gross operating margin | 9900 | €3,979 | €4,985 | +€1,006 | +25.3% |
| Operating profit (loss) | 9901 | €856 | €3,436 | +€2,579 | +301% |
| Financial charges | 65/66B | €80 | €259 | +€179 | +222% |
| Recurring financial charges | 65 | €80 | €259 | +€179 | +222% |
| Profit (loss) for the period before taxes | 9903 | €776 | €3,177 | +€2,401 | +309% |
| Income taxes | 67/77 | €434 | €666 | +€231 | +53.3% |
| Profit (loss) for the period | 9904 | €342 | €2,511 | +€2,169 | +635% |
| Profit (loss) for the period to be appropriated | 9905 | €342 | €2,511 | +€2,169 | +635% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.