WAFINITY: 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.
WAFINITY
Largest movements
- Cash -€7,612
down €7,612 (-68.6%), from €11,093 to €3,481
mainly Other debts (-€8,619) and Receivables within one year (-€6,161)
- Receivables within one year +€6,161
up €6,161 (+250.3%), from €2,462 to €8,623
- Tangible fixed assets -€5,832
down €5,832 (-34.2%), from €17,033 to €11,201
- Deferred charges and accrued income +€1,871
new in 2025: €1,871
- Other debts -€8,619
down €8,619 (-37.9%), from €22,713 to €14,094
- Trade debts +€5,381
up €5,381 (+207.6%), from €2,592 to €7,973
- Advances received -€3,153
no longer reported in 2025 (was €3,153)
- Tax, wage and social debts +€2,435
up €2,435 (+315.9%), from €771 to €3,205
- Profit (loss) carried forward -€1,455
down €1,455 (-46.3%), from -€3,141 to -€4,596
- Gross operating margin -€7,621
down €7,621 (-55.6%), from €13,709 to €6,088
- Depreciation +€1,200
up €1,200 (+25.9%), from €4,632 to €5,832
- Taxes -€1,189
no longer reported in 2025 (was €1,189)
- Financial income +€855
up €855 (+1140.0%), from €75 to €930
of which Non-recurring financial income: +€930
- Other operating charges +€497
up €497 (+26.0%), from €1,914 to €2,412
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.
Cash bridge derived
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 | €30,588 | €25,177 | -€5,411 | -17.7% |
| Fixed assets | 21/28 | €17,033 | €11,201 | -€5,832 | -34.2% |
| Tangible fixed assets | 22/27 | €17,033 | €11,201 | -€5,832 | -34.2% |
| Furniture and vehicles | 24 | €17,033 | €11,201 | -€5,832 | -34.2% |
| Current assets | 29/58 | €13,555 | €13,976 | +€421 | +3.1% |
| Amounts receivable within one year | 40/41 | €2,462 | €8,623 | +€6,161 | +250.3% |
| Trade receivables | 40 | €2,462 | €8,623 | +€6,161 | +250.3% |
| Cash at bank and in hand | 54/58 | €11,093 | €3,481 | -€7,612 | -68.6% |
| Deferred charges and accrued income | 490/1 | - | €1,871 | +€1,871 | |
| Total equity and liabilities | 10/49 | €30,588 | €25,177 | -€5,411 | -17.7% |
| Equity | 10/15 | €1,359 | -€96 | -€1,455 | |
| Contributions | 10/11 | €4,500 | €4,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,141 | -€4,596 | -€1,455 | -46.3% |
| Amounts payable | 17/49 | €29,229 | €25,272 | -€3,956 | -13.5% |
| Amounts payable within one year | 42/48 | €29,229 | €25,272 | -€3,956 | -13.5% |
| Trade debts | 44 | €2,592 | €7,973 | +€5,381 | +207.6% |
| Suppliers | 440/4 | €2,592 | €7,973 | +€5,381 | +207.6% |
| Advances received on contracts in progress | 46 | €3,153 | - | -€3,153 | |
| Taxes, remuneration and social security | 45 | €771 | €3,205 | +€2,435 | +315.9% |
| Taxes | 450/3 | €771 | €3,205 | +€2,435 | +315.9% |
| Other amounts payable | 47/48 | €22,713 | €14,094 | -€8,619 | -37.9% |
| Non-recurring operating income | 76A | €4,240 | - | -€4,240 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,632 | €5,832 | +€1,200 | +25.9% |
| Other operating charges | 640/8 | €1,914 | €2,412 | +€497 | +26.0% |
| Non-recurring operating charges | 66A | €2,607 | - | -€2,607 | |
| Gross operating margin | 9900 | €13,709 | €6,088 | -€7,621 | -55.6% |
| Operating profit (loss) | 9901 | €4,555 | -€2,156 | -€6,712 | |
| Financial income | 75/76B | €75 | €930 | +€855 | +1140.0% |
| Recurring financial income | 75 | €75 | €930 | +€855 | +1140.0% |
| Non-recurring financial income | 76B | - | €930 | +€930 | |
| Financial charges | 65/66B | €203 | €229 | +€26 | +12.8% |
| Recurring financial charges | 65 | €188 | €229 | +€41 | +21.8% |
| Non-recurring financial charges | 66B | €15 | - | -€15 | |
| Profit (loss) for the period before taxes | 9903 | €4,428 | -€1,455 | -€5,883 | |
| Income taxes | 67/77 | €1,189 | - | -€1,189 | |
| Profit (loss) for the period | 9904 | €3,239 | -€1,455 | -€4,694 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,239 | -€1,455 | -€4,694 |
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 9 October 2026 via checked.be.