WAGIMMO: 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.
WAGIMMO
Largest movements
- Tangible fixed assets -€20,791
down €20,791 (-5.0%), from €414,565 to €393,775
of which Land and buildings: -€20,599
- Cash +€12,478
up €12,478 (+10.5%), from €118,568 to €131,046
mainly Depreciation (+€21,556) and Net result for the year (+€14,554)
- Debts after one year -€19,944
down €19,944 (-12.2%), from €163,531 to €143,587
- Reserves +€14,554
up €14,554 (+8.4%), from €172,410 to €186,963
of which Distributable reserves: +€19,321
- Financial charges +€3,005
up €3,005 (+55.1%), from €5,456 to €8,461
- Depreciation -€2,323
down €2,323 (-9.7%), from €23,879 to €21,556
- Gross operating margin +€2,065
up €2,065 (+3.5%), from €58,592 to €60,657
- Other operating charges +€2,051
up €2,051 (+29.6%), from €6,928 to €8,979
- Taxes +€783
up €783 (+8.6%), from €9,098 to €9,881
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 | €533,256 | €526,232 | -€7,024 | -1.3% |
| Fixed assets | 21/28 | €414,565 | €393,775 | -€20,791 | -5.0% |
| Tangible fixed assets | 22/27 | €414,565 | €393,775 | -€20,791 | -5.0% |
| Land and buildings | 22 | €409,868 | €389,269 | -€20,599 | -5.0% |
| Plant, machinery and equipment | 23 | €3,643 | €3,803 | +€160 | +4.4% |
| Furniture and vehicles | 24 | €1,054 | €703 | -€351 | -33.3% |
| Current assets | 29/58 | €118,691 | €132,457 | +€13,767 | +11.6% |
| Amounts receivable within one year | 40/41 | - | €1,411 | +€1,411 | |
| Trade receivables | 40 | - | €1,411 | +€1,411 | |
| Cash at bank and in hand | 54/58 | €118,568 | €131,046 | +€12,478 | +10.5% |
| Deferred charges and accrued income | 490/1 | €123 | - | -€123 | |
| Total equity and liabilities | 10/49 | €533,256 | €526,232 | -€7,024 | -1.3% |
| Equity | 10/15 | €312,410 | €326,963 | +€14,554 | +4.7% |
| Contributions | 10/11 | €140,000 | €140,000 | = | 0.0% |
| Capital | 10 | €140,000 | €140,000 | = | 0.0% |
| Issued capital | 100 | €140,000 | €140,000 | = | 0.0% |
| Reserves | 13 | €172,410 | €186,963 | +€14,554 | +8.4% |
| Non-distributable reserves | 130/1 | €4,625 | €4,625 | = | 0.0% |
| Legal reserve | 130 | €4,625 | €4,625 | = | 0.0% |
| Tax-exempt reserves | 132 | €69,086 | €64,318 | -€4,768 | -6.9% |
| Distributable reserves | 133 | €98,699 | €118,021 | +€19,321 | +19.6% |
| Provisions and deferred taxes | 16 | €35,573 | €33,118 | -€2,455 | -6.9% |
| Deferred taxes | 168 | €35,573 | €33,118 | -€2,455 | -6.9% |
| Amounts payable | 17/49 | €185,273 | €166,150 | -€19,123 | -10.3% |
| Amounts payable after more than one year | 17 | €163,531 | €143,587 | -€19,944 | -12.2% |
| Financial debts | 170/4 | €163,531 | €143,587 | -€19,944 | -12.2% |
| Amounts payable within one year | 42/48 | €21,741 | €22,563 | +€822 | +3.8% |
| Current portion of amounts payable after more than one year | 42 | €10,758 | €11,037 | +€280 | +2.6% |
| Trade debts | 44 | €1,052 | - | -€1,052 | |
| Suppliers | 440/4 | €1,052 | - | -€1,052 | |
| Taxes, remuneration and social security | 45 | €9,931 | €11,525 | +€1,594 | +16.1% |
| Taxes | 450/3 | €9,931 | €11,525 | +€1,594 | +16.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,879 | €21,556 | -€2,323 | -9.7% |
| Other operating charges | 640/8 | €6,928 | €8,979 | +€2,051 | +29.6% |
| Gross operating margin | 9900 | €58,592 | €60,657 | +€2,065 | +3.5% |
| Operating profit (loss) | 9901 | €27,785 | €30,123 | +€2,337 | +8.4% |
| Financial income | 75/76B | - | €318 | +€318 | |
| Recurring financial income | 75 | - | €318 | +€318 | |
| Financial charges | 65/66B | €5,456 | €8,461 | +€3,005 | +55.1% |
| Recurring financial charges | 65 | €5,456 | €8,461 | +€3,005 | +55.1% |
| Profit (loss) for the period before taxes | 9903 | €22,329 | €21,980 | -€350 | -1.6% |
| Transfer from deferred taxes | 780 | €2,455 | €2,455 | = | 0.0% |
| Income taxes | 67/77 | €9,098 | €9,881 | +€783 | +8.6% |
| Profit (loss) for the period | 9904 | €15,687 | €14,554 | -€1,133 | -7.2% |
| Transfer from tax-exempt reserves | 789 | €4,768 | €4,768 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €20,454 | €19,321 | -€1,133 | -5.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 May 2024 and 31 May 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.