WAIXHE: 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.
WAIXHE
Largest movements
- Cash +€14,578
up €14,578 (+14.1%), from €103,150 to €117,728
mainly Net result for the year (+€60,067) and Tax, wage and social debts (+€10,669)
- Receivables within one year +€1,474
up €1,474 (+11.9%), from €12,412 to €13,887
- Tax, wage and social debts +€10,669
up €10,669 (+162.3%), from €6,575 to €17,244
- Other debts +€5,982
up €5,982 (+5.5%), from €108,031 to €114,013
- Gross operating margin +€12,859
up €12,859 (+19.7%), from €65,168 to €78,026
- Taxes +€2,488
up €2,488 (+18.0%), from €13,851 to €16,339
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 | €121,510 | €137,811 | +€16,302 | +13.4% |
| Fixed assets | 21/28 | €3,947 | €4,197 | +€250 | +6.3% |
| Tangible fixed assets | 22/27 | €3,947 | €4,197 | +€250 | +6.3% |
| Furniture and vehicles | 24 | - | €980 | +€980 | |
| Other tangible fixed assets | 26 | €3,947 | €3,216 | -€730 | -18.5% |
| Current assets | 29/58 | €117,563 | €133,615 | +€16,052 | +13.7% |
| Stocks and contracts in progress | 3 | €2,000 | €2,000 | = | 0.0% |
| Contracts in progress | 37 | €2,000 | €2,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €12,412 | €13,887 | +€1,474 | +11.9% |
| Trade receivables | 40 | €12,412 | €13,887 | +€1,474 | +11.9% |
| Cash at bank and in hand | 54/58 | €103,150 | €117,728 | +€14,578 | +14.1% |
| Total equity and liabilities | 10/49 | €121,510 | €137,811 | +€16,302 | +13.4% |
| Equity | 10/15 | €3,535 | €3,603 | +€67 | +1.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €535 | €603 | +€67 | +12.5% |
| Amounts payable | 17/49 | €117,974 | €134,209 | +€16,235 | +13.8% |
| Amounts payable within one year | 42/48 | €117,974 | €134,209 | +€16,235 | +13.8% |
| Trade debts | 44 | €3,368 | €2,952 | -€416 | -12.4% |
| Suppliers | 440/4 | €3,368 | €2,952 | -€416 | -12.4% |
| Taxes, remuneration and social security | 45 | €6,575 | €17,244 | +€10,669 | +162.3% |
| Taxes | 450/3 | €6,575 | €17,244 | +€10,669 | +162.3% |
| Other amounts payable | 47/48 | €108,031 | €114,013 | +€5,982 | +5.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,009 | €1,219 | +€210 | +20.8% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €65,168 | €78,026 | +€12,859 | +19.7% |
| Operating profit (loss) | 9901 | €63,771 | €76,408 | +€12,637 | +19.8% |
| Financial income | 75/76B | €10 | - | -€10 | |
| Recurring financial income | 75 | €10 | - | -€10 | |
| Financial charges | 65/66B | €26 | €2 | -€24 | -93.4% |
| Recurring financial charges | 65 | €26 | €2 | -€24 | -93.4% |
| Profit (loss) for the period before taxes | 9903 | €63,756 | €76,407 | +€12,650 | +19.8% |
| Income taxes | 67/77 | €13,851 | €16,339 | +€2,488 | +18.0% |
| Profit (loss) for the period | 9904 | €49,905 | €60,067 | +€10,162 | +20.4% |
| Profit (loss) for the period to be appropriated | 9905 | €49,905 | €60,067 | +€10,162 | +20.4% |
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.