WAFFLELICIOUS & MORE: 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.
WAFFLELICIOUS & MORE
Largest movements
- Receivables within one year +€7,848
up €7,848 (+89.9%), from €8,729 to €16,577
of which Trade receivables: +€6,600
- Cash +€4,108
up €4,108 (+59.4%), from €6,918 to €11,027
mainly Debts after one year (+€16,291) and Net result for the year (+€6,414)
- Tangible fixed assets -€1,340
down €1,340 (-24.1%), from €5,565 to €4,225
of which Furniture and vehicles: -€710
- Intangible fixed assets -€528
down €528 (-19.6%), from €2,691 to €2,163
- Debts after one year +€16,291
up €16,291, from €0 to €16,291
- Profit (loss) carried forward -€9,095
down €9,095 (-75.9%), from €11,979 to €2,884
- Tax, wage and social debts +€4,685
up €4,685 (+310%), from €1,512 to €6,197
- Current portion of long-term debt -€1,139
down €1,139 (-24.9%), from €4,574 to €3,434
- Trade debts -€660
down €660 (-12.9%), from €5,125 to €4,465
- Taxes +€2,447
up €2,447 (+721%), from €339 to €2,786
- Gross operating margin +€1,098
up €1,098 (+8.4%), from €13,005 to €14,103
- Depreciation -€290
down €290 (-13.4%), from €2,158 to €1,868
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 | €24,196 | €34,272 | +€10,075 | +41.6% |
| Fixed assets | 21/28 | €8,256 | €6,388 | -€1,868 | -22.6% |
| Intangible fixed assets | 21 | €2,691 | €2,163 | -€528 | -19.6% |
| Tangible fixed assets | 22/27 | €5,565 | €4,225 | -€1,340 | -24.1% |
| Plant, machinery and equipment | 23 | €1,504 | €1,310 | -€194 | -12.9% |
| Furniture and vehicles | 24 | €2,157 | €1,446 | -€710 | -32.9% |
| Other tangible fixed assets | 26 | €1,905 | €1,470 | -€435 | -22.8% |
| Current assets | 29/58 | €15,940 | €27,883 | +€11,943 | +74.9% |
| Amounts receivable within one year | 40/41 | €8,729 | €16,577 | +€7,848 | +89.9% |
| Trade receivables | 40 | €8,528 | €15,128 | +€6,600 | +77.4% |
| Other amounts receivable | 41 | €202 | €1,450 | +€1,248 | +619% |
| Cash at bank and in hand | 54/58 | €6,918 | €11,027 | +€4,108 | +59.4% |
| Deferred charges and accrued income | 490/1 | €293 | €279 | -€14 | -4.6% |
| Total equity and liabilities | 10/49 | €24,196 | €34,272 | +€10,075 | +41.6% |
| Equity | 10/15 | €12,979 | €3,884 | -€9,095 | -70.1% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,979 | €2,884 | -€9,095 | -75.9% |
| Amounts payable | 17/49 | €11,218 | €30,388 | +€19,170 | +171% |
| Amounts payable after more than one year | 17 | €0 | €16,291 | +€16,291 | |
| Financial debts | 170/4 | €0 | €16,291 | +€16,291 | |
| Amounts payable within one year | 42/48 | €11,218 | €14,096 | +€2,879 | +25.7% |
| Current portion of amounts payable after more than one year | 42 | €4,574 | €3,434 | -€1,139 | -24.9% |
| Trade debts | 44 | €5,125 | €4,465 | -€660 | -12.9% |
| Suppliers | 440/4 | €5,125 | €4,465 | -€660 | -12.9% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €1,512 | €6,197 | +€4,685 | +310% |
| Taxes | 450/3 | €1,512 | €6,197 | +€4,685 | +310% |
| Other amounts payable | 47/48 | €8 | €0 | -€8 | -100% |
| Remuneration, social security and pensions | 62 | - | €107 | +€107 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,158 | €1,868 | -€290 | -13.4% |
| Other operating charges | 640/8 | €1,064 | €1,095 | +€30 | +2.8% |
| Non-recurring operating charges | 66A | - | €1,440 | +€1,440 | |
| Gross operating margin | 9900 | €13,005 | €14,103 | +€1,098 | +8.4% |
| Operating profit (loss) | 9901 | €9,783 | €9,594 | -€190 | -1.9% |
| Financial income | 75/76B | €7 | €31 | +€24 | +349% |
| Recurring financial income | 75 | €7 | €31 | +€24 | +349% |
| Financial charges | 65/66B | €446 | €426 | -€20 | -4.5% |
| Recurring financial charges | 65 | €446 | €426 | -€20 | -4.5% |
| Profit (loss) for the period before taxes | 9903 | €9,345 | €9,199 | -€145 | -1.6% |
| Income taxes | 67/77 | €339 | €2,786 | +€2,447 | +721% |
| Profit (loss) for the period | 9904 | €9,006 | €6,414 | -€2,592 | -28.8% |
| Profit (loss) for the period to be appropriated | 9905 | €9,006 | €6,414 | -€2,592 | -28.8% |
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 17 October 2026 via checked.be.