Wagner Services: 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.
Wagner Services
Largest movements
- Receivables within one year +€38,220
up €38,220 (+54.4%), from €70,280 to €108,500
of which Other amounts receivable: +€41,914
- Receivables after one year -€3,744
down €3,744 (-100.0%), from €3,744 to €0
- Cash -€1,629
down €1,629 (-39.8%), from €4,096 to €2,467
mainly Receivables within one year (-€38,220) and Trade debts (-€2,457)
- Reserves +€31,906
up €31,906 (+71.2%), from €44,830 to €76,736
- Tax, wage and social debts +€3,397
up €3,397 (+16.7%), from €20,315 to €23,712
- Trade debts -€2,457
down €2,457 (-30.8%), from €7,975 to €5,518
- Gross operating margin +€21,109
up €21,109 (+100.3%), from €21,042 to €42,151
- Taxes +€5,075
up €5,075 (+80.1%), from €6,332 to €11,407
- Financial income +€1,700
up €1,700 (+83.7%), from €2,032 to €3,732
- Financial charges +€1,305
up €1,305 (+1149.6%), from €114 to €1,419
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 | €78,120 | €110,966 | +€32,846 | +42.0% |
| Current assets | 29/58 | €78,120 | €110,966 | +€32,846 | +42.0% |
| Amounts receivable after more than one year | 29 | €3,744 | €0 | -€3,744 | -100.0% |
| Other amounts receivable | 291 | €3,744 | €0 | -€3,744 | -100.0% |
| Amounts receivable within one year | 40/41 | €70,280 | €108,500 | +€38,220 | +54.4% |
| Trade receivables | 40 | €18,186 | €14,492 | -€3,694 | -20.3% |
| Other amounts receivable | 41 | €52,094 | €94,008 | +€41,914 | +80.5% |
| Cash at bank and in hand | 54/58 | €4,096 | €2,467 | -€1,629 | -39.8% |
| Total equity and liabilities | 10/49 | €78,120 | €110,966 | +€32,846 | +42.0% |
| Equity | 10/15 | €49,830 | €81,736 | +€31,906 | +64.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €44,830 | €76,736 | +€31,906 | +71.2% |
| Distributable reserves | 133 | €44,830 | €76,736 | +€31,906 | +71.2% |
| Amounts payable | 17/49 | €28,290 | €29,231 | +€941 | +3.3% |
| Amounts payable within one year | 42/48 | €28,290 | €29,231 | +€941 | +3.3% |
| Trade debts | 44 | €7,975 | €5,518 | -€2,457 | -30.8% |
| Suppliers | 440/4 | €7,975 | €5,518 | -€2,457 | -30.8% |
| Taxes, remuneration and social security | 45 | €20,315 | €23,712 | +€3,397 | +16.7% |
| Taxes | 450/3 | €20,315 | €23,712 | +€3,397 | +16.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | = | |
| Other operating charges | 640/8 | €796 | €1,151 | +€356 | +44.7% |
| Gross operating margin | 9900 | €21,042 | €42,151 | +€21,109 | +100.3% |
| Operating profit (loss) | 9901 | €20,246 | €41,000 | +€20,753 | +102.5% |
| Financial income | 75/76B | €2,032 | €3,732 | +€1,700 | +83.7% |
| Recurring financial income | 75 | €2,032 | €3,732 | +€1,700 | +83.7% |
| Financial charges | 65/66B | €114 | €1,419 | +€1,305 | +1149.6% |
| Recurring financial charges | 65 | €114 | €1,419 | +€1,305 | +1149.6% |
| Profit (loss) for the period before taxes | 9903 | €22,165 | €43,313 | +€21,148 | +95.4% |
| Income taxes | 67/77 | €6,332 | €11,407 | +€5,075 | +80.1% |
| Profit (loss) for the period | 9904 | €15,833 | €31,906 | +€16,073 | +101.5% |
| Profit (loss) for the period to be appropriated | 9905 | €15,833 | €31,906 | +€16,073 | +101.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.