WAJALO: 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.
WAJALO
Largest movements
- Cash +€22,782
up €22,782 (+52.3%), from €43,573 to €66,355
mainly Trade debts (+€34,497) and Depreciation (+€23,858)
- Tangible fixed assets +€10,521
up €10,521 (+1.2%), from €907,794 to €918,316
of which Land and buildings: +€10,865
- Trade debts +€34,497
up €34,497 (+6,287%), from €549 to €35,046
- Gross operating margin +€4,386
up €4,386 (+14.7%), from €29,890 to €34,276
- Other operating charges +€694
up €694 (+22.6%), from €3,068 to €3,762
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 | €953,482 | €989,136 | +€35,653 | +3.7% |
| Fixed assets | 21/28 | €907,794 | €918,316 | +€10,521 | +1.2% |
| Tangible fixed assets | 22/27 | €907,794 | €918,316 | +€10,521 | +1.2% |
| Land and buildings | 22 | €907,276 | €918,141 | +€10,865 | +1.2% |
| Furniture and vehicles | 24 | €518 | €174 | -€344 | -66.4% |
| Current assets | 29/58 | €45,688 | €70,820 | +€25,132 | +55.0% |
| Amounts receivable within one year | 40/41 | €2,115 | €4,465 | +€2,350 | +111% |
| Trade receivables | 40 | €2,115 | €4,465 | +€2,350 | +111% |
| Cash at bank and in hand | 54/58 | €43,573 | €66,355 | +€22,782 | +52.3% |
| Total equity and liabilities | 10/49 | €953,482 | €989,136 | +€35,653 | +3.7% |
| Equity | 10/15 | €346,784 | €339,062 | -€7,722 | -2.2% |
| Contributions | 10/11 | €450,000 | €450,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€103,216 | -€110,938 | -€7,722 | -7.5% |
| Amounts payable | 17/49 | €606,699 | €650,074 | +€43,375 | +7.1% |
| Amounts payable after more than one year | 17 | €567,500 | €567,500 | = | 0.0% |
| Financial debts | 170/4 | €567,500 | €0 | -€567,500 | -100% |
| Other amounts payable | 178/9 | - | €567,500 | +€567,500 | |
| Amounts payable within one year | 42/48 | €37,239 | €80,614 | +€43,375 | +116% |
| Trade debts | 44 | €549 | €35,046 | +€34,497 | +6,287% |
| Suppliers | 440/4 | €549 | €35,046 | +€34,497 | +6,287% |
| Taxes, remuneration and social security | 45 | €4,256 | €4,256 | = | 0.0% |
| Taxes | 450/3 | €4,256 | €4,256 | = | 0.0% |
| Other amounts payable | 47/48 | €32,434 | €41,311 | +€8,878 | +27.4% |
| Accrued charges and deferred income | 492/3 | €1,960 | €1,960 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,979 | €23,858 | -€121 | -0.5% |
| Other operating charges | 640/8 | €3,068 | €3,762 | +€694 | +22.6% |
| Gross operating margin | 9900 | €29,890 | €34,276 | +€4,386 | +14.7% |
| Operating profit (loss) | 9901 | €2,843 | €6,656 | +€3,813 | +134% |
| Financial charges | 65/66B | €14,372 | €14,378 | +€6 | 0.0% |
| Recurring financial charges | 65 | €14,372 | €14,378 | +€6 | 0.0% |
| Profit (loss) for the period before taxes | 9903 | -€11,529 | -€7,722 | +€3,808 | +33.0% |
| Profit (loss) for the period | 9904 | -€11,529 | -€7,722 | +€3,808 | +33.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,529 | -€7,722 | +€3,808 | +33.0% |
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 23 October 2026 via checked.be.