WAGMI: 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.
WAGMI
Largest movements
- Cash -€179,303
down €179,303 (-75.7%), from €236,956 to €57,653
mainly Contributions, distributions and other (-€211,234) and Tax, wage and social debts (-€16,244)
- Receivables within one year +€13,882
up €13,882 (+470%), from €2,955 to €16,837
of which Trade receivables: +€13,160
- Tangible fixed assets +€12,687
up €12,687 (+173%), from €7,335 to €20,023
of which Furniture and vehicles: +€12,997
- Profit (loss) carried forward -€162,598
down €162,598 (-84.6%), from €192,235 to €29,637
- Other debts +€18,893
up €18,893 (+300%), from €6,299 to €25,192
- Tax, wage and social debts -€16,244
down €16,244 (-53.5%), from €30,381 to €14,137
- Trade debts +€6,517
up €6,517 (+32.6%), from €20,002 to €26,518
- Gross operating margin -€79,457
down €79,457 (-54.7%), from €145,366 to €65,909
- Taxes -€16,311
down €16,311 (-53.7%), from €30,381 to €14,070
- Financial charges -€3,283
down €3,283 (-75.0%), from €4,374 to €1,091
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 | €250,917 | €97,678 | -€153,238 | -61.1% |
| Fixed assets | 21/28 | €7,335 | €20,023 | +€12,687 | +173% |
| Tangible fixed assets | 22/27 | €7,335 | €20,023 | +€12,687 | +173% |
| Plant, machinery and equipment | 23 | €1,368 | €1,058 | -€309 | -22.6% |
| Furniture and vehicles | 24 | €5,968 | €18,965 | +€12,997 | +218% |
| Current assets | 29/58 | €243,581 | €77,656 | -€165,926 | -68.1% |
| Amounts receivable within one year | 40/41 | €2,955 | €16,837 | +€13,882 | +470% |
| Trade receivables | 40 | €2,403 | €15,564 | +€13,160 | +548% |
| Other amounts receivable | 41 | €552 | €1,273 | +€722 | +131% |
| Cash at bank and in hand | 54/58 | €236,956 | €57,653 | -€179,303 | -75.7% |
| Deferred charges and accrued income | 490/1 | €3,670 | €3,166 | -€505 | -13.7% |
| Total equity and liabilities | 10/49 | €250,917 | €97,678 | -€153,238 | -61.1% |
| Equity | 10/15 | €194,235 | €31,637 | -€162,598 | -83.7% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €192,235 | €29,637 | -€162,598 | -84.6% |
| Amounts payable | 17/49 | €56,681 | €66,041 | +€9,360 | +16.5% |
| Amounts payable within one year | 42/48 | €56,681 | €65,847 | +€9,166 | +16.2% |
| Trade debts | 44 | €20,002 | €26,518 | +€6,517 | +32.6% |
| Suppliers | 440/4 | €20,002 | €26,518 | +€6,517 | +32.6% |
| Taxes, remuneration and social security | 45 | €30,381 | €14,137 | -€16,244 | -53.5% |
| Taxes | 450/3 | €30,381 | €14,137 | -€16,244 | -53.5% |
| Other amounts payable | 47/48 | €6,299 | €25,192 | +€18,893 | +300% |
| Accrued charges and deferred income | 492/3 | - | €194 | +€194 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,937 | €2,141 | +€204 | +10.5% |
| Other operating charges | 640/8 | €1,134 | €750 | -€384 | -33.8% |
| Gross operating margin | 9900 | €145,366 | €65,909 | -€79,457 | -54.7% |
| Operating profit (loss) | 9901 | €142,296 | €63,018 | -€79,277 | -55.7% |
| Financial income | 75/76B | €1,087 | €779 | -€307 | -28.3% |
| Recurring financial income | 75 | €1,087 | €779 | -€307 | -28.3% |
| Financial charges | 65/66B | €4,374 | €1,091 | -€3,283 | -75.0% |
| Recurring financial charges | 65 | €4,374 | €1,091 | -€3,283 | -75.0% |
| Profit (loss) for the period before taxes | 9903 | €139,008 | €62,706 | -€76,302 | -54.9% |
| Income taxes | 67/77 | €30,381 | €14,070 | -€16,311 | -53.7% |
| Profit (loss) for the period | 9904 | €108,627 | €48,636 | -€59,992 | -55.2% |
| Profit (loss) for the period to be appropriated | 9905 | €108,627 | €48,636 | -€59,992 | -55.2% |
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 15 October 2026 via checked.be.