WAGNER-HATFIELD: 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.
WAGNER-HATFIELD
Largest movements
- Cash -€42,370
down €42,370 (-96.2%), from €44,051 to €1,681
mainly Net result for the year (-€36,805) and Debts after one year (-€7,500)
- Tangible fixed assets -€6,873
down €6,873 (-51.1%), from €13,459 to €6,586
- Profit (loss) carried forward -€36,805
down €36,805, from €33,257 to -€3,548
- Debts after one year -€7,500
down €7,500 (-33.3%), from €22,500 to €15,000
- Tax, wage and social debts -€3,150
down €3,150 (-67.4%), from €4,673 to €1,523
- Other debts -€967
down €967 (-23.0%), from €4,211 to €3,244
- Gross operating margin -€58,873
down €58,873, from €31,345 to -€27,528
- Taxes -€5,663
no longer reported in 2023 (was €5,663)
- Financial income -€2,489
down €2,489 (-93.2%), from €2,671 to €182
of which Financial income: -€2,489
- Other operating charges -€668
down €668 (-41.0%), from €1,629 to €961
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €81,540 | €32,712 | -€48,828 | -59.9% |
| Fixed assets | 21/28 | €13,459 | €6,586 | -€6,873 | -51.1% |
| Tangible fixed assets | 22/27 | €13,459 | €6,586 | -€6,873 | -51.1% |
| Furniture and vehicles | 24 | €13,459 | €6,586 | -€6,873 | -51.1% |
| Current assets | 29/58 | €68,081 | €26,126 | -€41,955 | -61.6% |
| Amounts receivable within one year | 40/41 | €24,030 | €24,445 | +€415 | +1.7% |
| Trade receivables | 40 | €24,030 | €23,148 | -€882 | -3.7% |
| Other amounts receivable | 41 | - | €1,297 | +€1,297 | |
| Cash at bank and in hand | 54/58 | €44,051 | €1,681 | -€42,370 | -96.2% |
| Total equity and liabilities | 10/49 | €81,540 | €32,712 | -€48,828 | -59.9% |
| Equity | 10/15 | €45,167 | €8,362 | -€36,805 | -81.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €5,710 | €5,710 | = | 0.0% |
| Non-distributable reserves | 130/1 | €5,710 | €5,710 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Other | 1319 | €3,850 | €3,850 | = | 0.0% |
| Profit (loss) carried forward | 14 | €33,257 | -€3,548 | -€36,805 | |
| Amounts payable | 17/49 | €36,373 | €24,350 | -€12,023 | -33.1% |
| Amounts payable after more than one year | 17 | €22,500 | €15,000 | -€7,500 | -33.3% |
| Other amounts payable | 178/9 | €22,500 | €15,000 | -€7,500 | -33.3% |
| Amounts payable within one year | 42/48 | €13,873 | €9,350 | -€4,523 | -32.6% |
| Trade debts | 44 | €4,989 | €4,583 | -€406 | -8.1% |
| Suppliers | 440/4 | €4,989 | €4,583 | -€406 | -8.1% |
| Taxes, remuneration and social security | 45 | €4,673 | €1,523 | -€3,150 | -67.4% |
| Taxes | 450/3 | €4,673 | €1,523 | -€3,150 | -67.4% |
| Other amounts payable | 47/48 | €4,211 | €3,244 | -€967 | -23.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,872 | €6,873 | +€1 | 0.0% |
| Other operating charges | 640/8 | €1,629 | €961 | -€668 | -41.0% |
| Gross operating margin | 9900 | €31,345 | -€27,528 | -€58,873 | |
| Operating profit (loss) | 9901 | €22,844 | -€35,362 | -€58,206 | |
| Financial income | 75/76B | €2,671 | €182 | -€2,489 | -93.2% |
| Recurring financial income | 75 | €2,671 | €182 | -€2,489 | -93.2% |
| Non-recurring financial income | 76B | €2,671 | €182 | -€2,489 | -93.2% |
| Financial charges | 65/66B | €1,521 | €1,625 | +€104 | +6.8% |
| Recurring financial charges | 65 | €1,521 | €1,625 | +€104 | +6.8% |
| Profit (loss) for the period before taxes | 9903 | €23,994 | -€36,805 | -€60,799 | |
| Income taxes | 67/77 | €5,663 | - | -€5,663 | |
| Profit (loss) for the period | 9904 | €18,331 | -€36,805 | -€55,136 | |
| Profit (loss) for the period to be appropriated | 9905 | €18,331 | -€36,805 | -€55,136 |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.