Wambacq: 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.
Wambacq
Largest movements
- Current investments -€210,000
down €210,000 (-62.8%), from €334,525 to €124,525
- Cash +€159,366
up €159,366 (+248%), from €64,274 to €223,640
mainly Current investments (+€210,000) and Depreciation (+€54,421)
- Tangible fixed assets -€29,686
down €29,686 (-8.7%), from €342,399 to €312,713
of which Land and buildings: -€31,288
- Receivables within one year +€12,968
up €12,968 (+163%), from €7,954 to €20,923
of which Other amounts receivable: +€10,189
- Profit (loss) carried forward -€49,348
down €49,348 (-28.0%), from €175,965 to €126,618
- Other debts -€15,586
down €15,586 (-60.8%), from €25,616 to €10,030
- Gross operating margin -€27,255
down €27,255 (-99.4%), from €27,424 to €168
- Financial income -€9,963
down €9,963 (-55.9%), from €17,835 to €7,872
of which Non-recurring financial income: -€6,725
- Depreciation +€3,854
up €3,854 (+7.6%), from €50,567 to €54,421
- Other operating charges +€1,014
up €1,014 (+59.8%), from €1,694 to €2,708
- Financial charges -€576
down €576 (-69.0%), from €835 to €259
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 | €753,291 | €683,328 | -€69,963 | -9.3% |
| Fixed assets | 21/28 | €342,399 | €312,713 | -€29,686 | -8.7% |
| Tangible fixed assets | 22/27 | €342,399 | €312,713 | -€29,686 | -8.7% |
| Land and buildings | 22 | €303,857 | €272,569 | -€31,288 | -10.3% |
| Plant, machinery and equipment | 23 | €1,542 | €2,167 | +€625 | +40.5% |
| Furniture and vehicles | 24 | €37,000 | €37,976 | +€977 | +2.6% |
| Current assets | 29/58 | €410,891 | €370,615 | -€40,276 | -9.8% |
| Amounts receivable within one year | 40/41 | €7,954 | €20,923 | +€12,968 | +163% |
| Trade receivables | 40 | €671 | €3,451 | +€2,780 | +414% |
| Other amounts receivable | 41 | €7,283 | €17,472 | +€10,189 | +140% |
| Current investments | 50/53 | €334,525 | €124,525 | -€210,000 | -62.8% |
| Cash at bank and in hand | 54/58 | €64,274 | €223,640 | +€159,366 | +248% |
| Deferred charges and accrued income | 490/1 | €4,138 | €1,527 | -€2,611 | -63.1% |
| Total equity and liabilities | 10/49 | €753,291 | €683,328 | -€69,963 | -9.3% |
| Equity | 10/15 | €674,403 | €625,055 | -€49,348 | -7.3% |
| Contributions | 10/11 | €11,000 | €11,000 | = | 0.0% |
| Reserves | 13 | €487,438 | €487,438 | = | 0.0% |
| Tax-exempt reserves | 132 | €178,458 | €178,458 | = | 0.0% |
| Distributable reserves | 133 | €308,979 | €308,979 | = | 0.0% |
| Profit (loss) carried forward | 14 | €175,965 | €126,618 | -€49,348 | -28.0% |
| Amounts payable | 17/49 | €78,888 | €58,273 | -€20,615 | -26.1% |
| Amounts payable after more than one year | 17 | €35,000 | €35,000 | = | 0.0% |
| Financial debts | 170/4 | €35,000 | €35,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €43,888 | €23,273 | -€20,615 | -47.0% |
| Current portion of amounts payable after more than one year | 42 | €6,246 | - | -€6,246 | |
| Trade debts | 44 | €9,610 | €11,443 | +€1,833 | +19.1% |
| Suppliers | 440/4 | €9,610 | €11,443 | +€1,833 | +19.1% |
| Taxes, remuneration and social security | 45 | €2,416 | €1,800 | -€616 | -25.5% |
| Taxes | 450/3 | €2,416 | €1,800 | -€616 | -25.5% |
| Other amounts payable | 47/48 | €25,616 | €10,030 | -€15,586 | -60.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €50,567 | €54,421 | +€3,854 | +7.6% |
| Other operating charges | 640/8 | €1,694 | €2,708 | +€1,014 | +59.8% |
| Gross operating margin | 9900 | €27,424 | €168 | -€27,255 | -99.4% |
| Operating profit (loss) | 9901 | -€24,838 | -€56,961 | -€32,123 | -129% |
| Financial income | 75/76B | €17,835 | €7,872 | -€9,963 | -55.9% |
| Recurring financial income | 75 | €11,110 | €7,872 | -€3,238 | -29.1% |
| Non-recurring financial income | 76B | €6,725 | - | -€6,725 | |
| Financial charges | 65/66B | €835 | €259 | -€576 | -69.0% |
| Recurring financial charges | 65 | €835 | €259 | -€576 | -69.0% |
| Profit (loss) for the period before taxes | 9903 | -€7,838 | -€49,348 | -€41,510 | -530% |
| Profit (loss) for the period | 9904 | -€7,838 | -€49,348 | -€41,510 | -530% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,838 | -€49,348 | -€41,510 | -530% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.