WAGRILIN: 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.
WAGRILIN
Largest movements
- Tangible fixed assets +€550,506
up €550,506 (+194.4%), from €283,132 to €833,638
of which Plant, machinery and equipment: +€483,833
- Receivables within one year -€297,019
down €297,019 (-57.6%), from €516,077 to €219,058
of which Trade receivables: -€387,971
- Debts after one year +€621,251
up €621,251 (+267.0%), from €232,646 to €853,897
- Other debts -€285,000
down €285,000 (-83.8%), from €340,000 to €55,000
- Trade debts -€153,560
down €153,560 (-97.2%), from €157,966 to €4,406
- Reserves +€76,297
up €76,297 (+157.3%), from €48,491 to €124,789
- Gross operating margin -€190,726
down €190,726 (-43.4%), from €439,255 to €248,529
- Depreciation +€70,983
up €70,983 (+180.1%), from €39,409 to €110,392
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 | €806,765 | €1,069,203 | +€262,438 | +32.5% |
| Fixed assets | 21/28 | €283,132 | €833,638 | +€550,506 | +194.4% |
| Tangible fixed assets | 22/27 | €283,132 | €833,638 | +€550,506 | +194.4% |
| Plant, machinery and equipment | 23 | €266,137 | €749,971 | +€483,833 | +181.8% |
| Furniture and vehicles | 24 | €16,995 | €83,667 | +€66,672 | +392.3% |
| Current assets | 29/58 | €523,633 | €235,565 | -€288,067 | -55.0% |
| Amounts receivable within one year | 40/41 | €516,077 | €219,058 | -€297,019 | -57.6% |
| Trade receivables | 40 | €439,768 | €51,797 | -€387,971 | -88.2% |
| Other amounts receivable | 41 | €76,309 | €167,261 | +€90,952 | +119.2% |
| Cash at bank and in hand | 54/58 | €7,556 | €14,927 | +€7,370 | +97.5% |
| Deferred charges and accrued income | 490/1 | - | €1,581 | +€1,581 | |
| Total equity and liabilities | 10/49 | €806,765 | €1,069,203 | +€262,438 | +32.5% |
| Equity | 10/15 | €68,491 | €144,789 | +€76,297 | +111.4% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €48,491 | €124,789 | +€76,297 | +157.3% |
| Distributable reserves | 133 | €48,491 | €124,789 | +€76,297 | +157.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €738,273 | €924,414 | +€186,141 | +25.2% |
| Amounts payable after more than one year | 17 | €232,646 | €853,897 | +€621,251 | +267.0% |
| Other amounts payable | 178/9 | €232,646 | €853,897 | +€621,251 | +267.0% |
| Amounts payable within one year | 42/48 | €505,585 | €70,468 | -€435,116 | -86.1% |
| Trade debts | 44 | €157,966 | €4,406 | -€153,560 | -97.2% |
| Suppliers | 440/4 | €157,966 | €4,406 | -€153,560 | -97.2% |
| Taxes, remuneration and social security | 45 | €7,619 | €11,062 | +€3,443 | +45.2% |
| Taxes | 450/3 | €7,619 | €11,062 | +€3,443 | +45.2% |
| Other amounts payable | 47/48 | €340,000 | €55,000 | -€285,000 | -83.8% |
| Accrued charges and deferred income | 492/3 | €43 | €49 | +€7 | +15.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,409 | €110,392 | +€70,983 | +180.1% |
| Other operating charges | 640/8 | €767 | €418 | -€350 | -45.6% |
| Gross operating margin | 9900 | €439,255 | €248,529 | -€190,726 | -43.4% |
| Operating profit (loss) | 9901 | €399,079 | €137,720 | -€261,359 | -65.5% |
| Financial income | 75/76B | €89 | €1,031 | +€942 | +1053.2% |
| Recurring financial income | 75 | €89 | €1,031 | +€942 | +1053.2% |
| Financial charges | 65/66B | €3,058 | €4,010 | +€952 | +31.1% |
| Recurring financial charges | 65 | €3,058 | €4,010 | +€952 | +31.1% |
| Profit (loss) for the period before taxes | 9903 | €396,110 | €134,741 | -€261,369 | -66.0% |
| Income taxes | 67/77 | €7,619 | €3,443 | -€4,175 | -54.8% |
| Profit (loss) for the period | 9904 | €388,491 | €131,297 | -€257,194 | -66.2% |
| Profit (loss) for the period to be appropriated | 9905 | €388,491 | €131,297 | -€257,194 | -66.2% |
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 8 October 2026 via checked.be.