WAFFLE TIME: 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.
WAFFLE TIME
Largest movements
- Deferred charges and accrued income +€46,937
new in 2024: €46,937
- Tangible fixed assets +€33,676
up €33,676 (+1,806%), from €1,864 to €35,541
of which Other tangible fixed assets: +€35,000
- Cash -€33,031
down €33,031 (-96.1%), from €34,358 to €1,327
mainly Deferred charges and accrued income (-€46,937) and Investment in fixed assets (net) (-€33,676)
- Receivables within one year +€7,662
new in 2024: €7,662
- Profit (loss) carried forward +€32,338
up €32,338 (+102%), from €31,773 to €64,111
- Trade debts +€23,095
up €23,095 (+3,641%), from €634 to €23,729
- Contributions -€1,000
down €1,000 (-40.0%), from €2,500 to €1,500
- Turnover -€287,039
no longer reported in 2024 (was €287,039)
- Purchases and services -€268,907
no longer reported in 2024 (was €268,907)
- Gross operating margin +€20,076
up €20,076 (+111%), from €18,132 to €38,208
- Taxes +€4,177
new in 2024: €4,177
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 | €36,223 | €91,467 | +€55,245 | +153% |
| Fixed assets | 21/28 | €1,864 | €35,541 | +€33,676 | +1,806% |
| Tangible fixed assets | 22/27 | €1,864 | €35,541 | +€33,676 | +1,806% |
| Plant, machinery and equipment | 23 | €1,864 | €541 | -€1,324 | -71.0% |
| Other tangible fixed assets | 26 | - | €35,000 | +€35,000 | |
| Current assets | 29/58 | €34,358 | €55,927 | +€21,568 | +62.8% |
| Amounts receivable within one year | 40/41 | - | €7,662 | +€7,662 | |
| Other amounts receivable | 41 | - | €7,662 | +€7,662 | |
| Cash at bank and in hand | 54/58 | €34,358 | €1,327 | -€33,031 | -96.1% |
| Deferred charges and accrued income | 490/1 | - | €46,937 | +€46,937 | |
| Total equity and liabilities | 10/49 | €36,223 | €91,467 | +€55,245 | +153% |
| Equity | 10/15 | €34,273 | €65,611 | +€31,338 | +91.4% |
| Contributions | 10/11 | €2,500 | €1,500 | -€1,000 | -40.0% |
| Profit (loss) carried forward | 14 | €31,773 | €64,111 | +€32,338 | +102% |
| Amounts payable | 17/49 | €1,950 | €25,857 | +€23,907 | +1,226% |
| Amounts payable within one year | 42/48 | €1,950 | €25,857 | +€23,907 | +1,226% |
| Trade debts | 44 | €634 | €23,729 | +€23,095 | +3,641% |
| Suppliers | 440/4 | €634 | €23,729 | +€23,095 | +3,641% |
| Taxes, remuneration and social security | 45 | €1,316 | €2,128 | +€812 | +61.7% |
| Taxes | 450/3 | €1,316 | €2,128 | +€812 | +61.7% |
| Turnover | 70 | €287,039 | - | -€287,039 | |
| Goods, raw materials, services and sundry goods | 60/61 | €268,907 | - | -€268,907 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €747 | - | -€747 | |
| Other operating charges | 640/8 | €93 | €1,643 | +€1,550 | +1,667% |
| Gross operating margin | 9900 | €18,132 | €38,208 | +€20,076 | +111% |
| Operating profit (loss) | 9901 | €17,292 | €36,566 | +€19,273 | +111% |
| Profit (loss) for the period before taxes | 9903 | €17,292 | €36,566 | +€19,273 | +111% |
| Income taxes | 67/77 | - | €4,177 | +€4,177 | |
| Profit (loss) for the period | 9904 | €17,292 | €32,388 | +€15,096 | +87.3% |
| Profit (loss) for the period to be appropriated | 9905 | €17,292 | €32,388 | +€15,096 | +87.3% |
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 16 October 2026 via checked.be.