WAMAN: 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.
WAMAN
Largest movements
- Tangible fixed assets -€22,403
down €22,403 (-4.9%), from €453,845 to €431,441
of which Land and buildings: -€20,418
- Receivables within one year +€10,141
up €10,141 (+1435.5%), from €706 to €10,848
- Cash -€6,408
down €6,408 (-86.0%), from €7,447 to €1,040
mainly Receivables within one year (-€10,141) and Other debts (-€9,742)
- Other debts -€9,742
down €9,742 (-2.3%), from €424,231 to €414,489
- Profit (loss) carried forward -€5,302
down €5,302 (-10.0%), from -€53,066 to -€58,368
- Gross operating margin +€2,742
up €2,742 (+16.6%), from €16,544 to €19,286
- Financial charges -€231
down €231 (-23.2%), from €997 to €766
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 | €462,604 | €443,934 | -€18,670 | -4.0% |
| Fixed assets | 21/28 | €454,450 | €432,046 | -€22,403 | -4.9% |
| Tangible fixed assets | 22/27 | €453,845 | €431,441 | -€22,403 | -4.9% |
| Land and buildings | 22 | €449,873 | €429,456 | -€20,418 | -4.5% |
| Plant, machinery and equipment | 23 | €3,971 | €1,986 | -€1,986 | -50.0% |
| Financial fixed assets | 28 | €605 | €605 | = | 0.0% |
| Current assets | 29/58 | €8,154 | €11,888 | +€3,734 | +45.8% |
| Amounts receivable within one year | 40/41 | €706 | €10,848 | +€10,141 | +1435.5% |
| Trade receivables | 40 | €706 | €10,848 | +€10,141 | +1435.5% |
| Cash at bank and in hand | 54/58 | €7,447 | €1,040 | -€6,408 | -86.0% |
| Total equity and liabilities | 10/49 | €462,604 | €443,934 | -€18,670 | -4.0% |
| Equity | 10/15 | -€32,614 | -€37,916 | -€5,302 | -16.3% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€53,066 | -€58,368 | -€5,302 | -10.0% |
| Amounts payable | 17/49 | €495,218 | €481,850 | -€13,368 | -2.7% |
| Amounts payable after more than one year | 17 | €66,509 | €62,214 | -€4,294 | -6.5% |
| Financial debts | 170/4 | €66,509 | €62,214 | -€4,294 | -6.5% |
| Amounts payable within one year | 42/48 | €428,709 | €419,635 | -€9,074 | -2.1% |
| Financial debts | 43 | €4,120 | €4,294 | +€174 | +4.2% |
| Credit institutions | 430/8 | €4,120 | €4,294 | +€174 | +4.2% |
| Trade debts | 44 | €264 | €755 | +€491 | +186.3% |
| Suppliers | 440/4 | €264 | €755 | +€491 | +186.3% |
| Taxes, remuneration and social security | 45 | €94 | €97 | +€3 | +2.8% |
| Taxes | 450/3 | €94 | €97 | +€3 | +2.8% |
| Other amounts payable | 47/48 | €424,231 | €414,489 | -€9,742 | -2.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,403 | €22,403 | = | 0.0% |
| Other operating charges | 640/8 | €1,392 | €1,418 | +€26 | +1.9% |
| Gross operating margin | 9900 | €16,544 | €19,286 | +€2,742 | +16.6% |
| Operating profit (loss) | 9901 | -€7,251 | -€4,536 | +€2,716 | +37.4% |
| Financial charges | 65/66B | €997 | €766 | -€231 | -23.2% |
| Recurring financial charges | 65 | €997 | €766 | -€231 | -23.2% |
| Profit (loss) for the period before taxes | 9903 | -€8,248 | -€5,302 | +€2,947 | +35.7% |
| Profit (loss) for the period | 9904 | -€8,248 | -€5,302 | +€2,947 | +35.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,248 | -€5,302 | +€2,947 | +35.7% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.