WAGEMON: what changed
Two fiscal 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.
WAGEMON
Largest movements
- Receivables within one year -€16,900
down €16,900 (-40.3%), from €41,919 to €25,019
of which Trade receivables: -€10,890
- Tangible fixed assets -€4,355
down €4,355 (-45.8%), from €9,505 to €5,150
of which Leasing and similar rights: -€7,653
- Deferred charges and accrued income -€1,336
down €1,336 (-28.5%), from €4,684 to €3,347
- Cash -€782
down €782 (-5.3%), from €14,647 to €13,865
mainly Contributions, distributions and other (-€28,800) and Tax, wage and social debts (-€20,249)
- Tax, wage and social debts -€20,249
down €20,249 (-69.0%), from €29,339 to €9,091
of which Taxes: -€20,275
- Other debts +€4,650
up €4,650 (+19.3%), from €24,150 to €28,800
- Current portion of long-term debt -€4,650
no longer reported in 2026 (was €4,650)
- Trade debts -€3,164
down €3,164 (-67.3%), from €4,704 to €1,540
- Gross operating margin -€5,863
down €5,863 (-9.6%), from €61,185 to €55,322
- Taxes +€1,920
up €1,920 (+14.3%), from €13,447 to €15,367
- Depreciation -€1,831
down €1,831 (-17.3%), from €10,569 to €8,739
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €71,155 | €47,781 | -€23,374 | -32.8% |
| Fixed assets | 21/28 | €9,905 | €5,550 | -€4,355 | -44.0% |
| Tangible fixed assets | 22/27 | €9,505 | €5,150 | -€4,355 | -45.8% |
| Furniture and vehicles | 24 | €1,853 | €5,150 | +€3,297 | +178.0% |
| Leasing and similar rights | 25 | €7,653 | - | -€7,653 | |
| Financial fixed assets | 28 | €400 | €400 | = | 0.0% |
| Current assets | 29/58 | €61,250 | €42,231 | -€19,019 | -31.1% |
| Amounts receivable within one year | 40/41 | €41,919 | €25,019 | -€16,900 | -40.3% |
| Trade receivables | 40 | €16,880 | €5,990 | -€10,890 | -64.5% |
| Other amounts receivable | 41 | €25,039 | €19,029 | -€6,010 | -24.0% |
| Cash at bank and in hand | 54/58 | €14,647 | €13,865 | -€782 | -5.3% |
| Deferred charges and accrued income | 490/1 | €4,684 | €3,347 | -€1,336 | -28.5% |
| Total equity and liabilities | 10/49 | €71,155 | €47,781 | -€23,374 | -32.8% |
| Equity | 10/15 | €8,109 | €8,060 | -€48 | -0.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €49 | €0 | -€48 | -99.6% |
| Amounts payable | 17/49 | €63,046 | €39,720 | -€23,326 | -37.0% |
| Amounts payable within one year | 42/48 | €62,843 | €39,430 | -€23,413 | -37.3% |
| Current portion of amounts payable after more than one year | 42 | €4,650 | - | -€4,650 | |
| Trade debts | 44 | €4,704 | €1,540 | -€3,164 | -67.3% |
| Suppliers | 440/4 | €4,704 | €1,540 | -€3,164 | -67.3% |
| Taxes, remuneration and social security | 45 | €29,339 | €9,091 | -€20,249 | -69.0% |
| Taxes | 450/3 | €27,559 | €7,284 | -€20,275 | -73.6% |
| Remuneration and social security | 454/9 | €1,780 | €1,806 | +€26 | +1.5% |
| Other amounts payable | 47/48 | €24,150 | €28,800 | +€4,650 | +19.3% |
| Accrued charges and deferred income | 492/3 | €203 | €290 | +€87 | +42.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,569 | €8,739 | -€1,831 | -17.3% |
| Other operating charges | 640/8 | €1,952 | €2,045 | +€93 | +4.8% |
| Gross operating margin | 9900 | €61,185 | €55,322 | -€5,863 | -9.6% |
| Operating profit (loss) | 9901 | €48,663 | €44,538 | -€4,126 | -8.5% |
| Financial income | 75/76B | - | €9 | +€9 | |
| Recurring financial income | 75 | - | €9 | +€9 | |
| Financial charges | 65/66B | €701 | €428 | -€273 | -38.9% |
| Recurring financial charges | 65 | €701 | €428 | -€273 | -38.9% |
| Profit (loss) for the period before taxes | 9903 | €47,962 | €44,118 | -€3,844 | -8.0% |
| Income taxes | 67/77 | €13,447 | €15,367 | +€1,920 | +14.3% |
| Profit (loss) for the period | 9904 | €34,516 | €28,752 | -€5,764 | -16.7% |
| Profit (loss) for the period to be appropriated | 9905 | €34,516 | €28,752 | -€5,764 | -16.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.