WAMAT: 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.
WAMAT
Largest movements
- Cash -€8,163
down €8,163 (-39.1%), from €20,851 to €12,688
mainly Investment in fixed assets (net) (-€12,745) and Deferred charges and accrued income (-€7,500)
- Deferred charges and accrued income +€7,500
new in 2025: €7,500
- Receivables within one year +€1,054
up €1,054 (+12.4%), from €8,505 to €9,559
of which Other amounts receivable: +€1,983
- Profit (loss) carried forward +€12,361
up €12,361, from -€9,172 to €3,189
- Current portion of long-term debt -€6,783
down €6,783 (-85.9%), from €7,896 to €1,113
- Other debts -€2,956
down €2,956 (-9.1%), from €32,467 to €29,511
- Trade debts -€2,310
down €2,310 (-28.6%), from €8,072 to €5,762
- Debts after one year -€1,113
no longer reported in 2025 (was €1,113)
- Turnover -€103,654
no longer reported in 2025 (was €103,654)
- Purchases and services -€73,613
no longer reported in 2025 (was €73,613)
- Depreciation -€6,402
down €6,402 (-32.9%), from €19,468 to €13,066
- Taxes +€1,567
new in 2025: €1,567
- Gross operating margin -€1,325
down €1,325 (-4.3%), from €30,977 to €29,652
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 | €59,657 | €59,727 | +€70 | +0.1% |
| Fixed assets | 21/28 | €30,301 | €29,980 | -€321 | -1.1% |
| Tangible fixed assets | 22/27 | €30,301 | €29,980 | -€321 | -1.1% |
| Plant, machinery and equipment | 23 | €13,048 | €8,909 | -€4,139 | -31.7% |
| Furniture and vehicles | 24 | €17,253 | €21,071 | +€3,818 | +22.1% |
| Current assets | 29/58 | €29,356 | €29,747 | +€391 | +1.3% |
| Amounts receivable within one year | 40/41 | €8,505 | €9,559 | +€1,054 | +12.4% |
| Trade receivables | 40 | €8,055 | €7,126 | -€929 | -11.5% |
| Other amounts receivable | 41 | €450 | €2,433 | +€1,983 | +440.7% |
| Cash at bank and in hand | 54/58 | €20,851 | €12,688 | -€8,163 | -39.1% |
| Deferred charges and accrued income | 490/1 | - | €7,500 | +€7,500 | |
| Total equity and liabilities | 10/49 | €59,657 | €59,727 | +€70 | +0.1% |
| Equity | 10/15 | €9,628 | €21,989 | +€12,361 | +128.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €200 | €200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €200 | €200 | = | 0.0% |
| Reserves not available under the articles | 1311 | €200 | €200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,172 | €3,189 | +€12,361 | |
| Amounts payable | 17/49 | €50,029 | €37,738 | -€12,291 | -24.6% |
| Amounts payable after more than one year | 17 | €1,113 | - | -€1,113 | |
| Financial debts | 170/4 | €1,113 | - | -€1,113 | |
| Amounts payable within one year | 42/48 | €48,916 | €37,738 | -€11,178 | -22.9% |
| Current portion of amounts payable after more than one year | 42 | €7,896 | €1,113 | -€6,783 | -85.9% |
| Trade debts | 44 | €8,072 | €5,762 | -€2,310 | -28.6% |
| Suppliers | 440/4 | €8,072 | €5,762 | -€2,310 | -28.6% |
| Taxes, remuneration and social security | 45 | €481 | €1,352 | +€871 | +181.1% |
| Taxes | 450/3 | €481 | €1,352 | +€871 | +181.1% |
| Other amounts payable | 47/48 | €32,467 | €29,511 | -€2,956 | -9.1% |
| Turnover | 70 | €103,654 | - | -€103,654 | |
| Goods, raw materials, services and sundry goods | 60/61 | €73,613 | - | -€73,613 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,468 | €13,066 | -€6,402 | -32.9% |
| Other operating charges | 640/8 | €1,245 | €2,209 | +€964 | +77.4% |
| Gross operating margin | 9900 | €30,977 | €29,652 | -€1,325 | -4.3% |
| Operating profit (loss) | 9901 | €10,264 | €14,377 | +€4,113 | +40.1% |
| Financial income | 75/76B | €688 | - | -€688 | |
| Recurring financial income | 75 | €688 | - | -€688 | |
| Financial charges | 65/66B | €878 | €449 | -€429 | -48.9% |
| Recurring financial charges | 65 | €878 | €449 | -€429 | -48.9% |
| Profit (loss) for the period before taxes | 9903 | €10,074 | €13,928 | +€3,854 | +38.3% |
| Income taxes | 67/77 | - | €1,567 | +€1,567 | |
| Profit (loss) for the period | 9904 | €10,074 | €12,361 | +€2,287 | +22.7% |
| Profit (loss) for the period to be appropriated | 9905 | €10,074 | €12,361 | +€2,287 | +22.7% |
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 5 October 2026 via checked.be.