Wamco Computers: 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.
Wamco Computers
Largest movements
- Cash +€96,869
up €96,869 (+378.3%), from €25,608 to €122,477
mainly Net result for the year (+€80,386) and Depreciation (+€74,794)
- Tangible fixed assets -€69,205
down €69,205 (-10.8%), from €643,522 to €574,317
of which Land and buildings: -€47,925
- Receivables within one year -€46,757
down €46,757 (-45.2%), from €103,354 to €56,597
of which Trade receivables: -€47,866
- Stocks and contracts -€14,177
down €14,177 (-10.6%), from €134,135 to €119,959
- Current investments +€12,316
up €12,316 (+15.7%), from €78,497 to €90,813
- Other debts -€118,384
down €118,384 (-70.2%), from €168,684 to €50,301
- Debts after one year +€57,998
up €57,998 (+13.9%), from €418,690 to €476,688
- Trade debts -€29,154
down €29,154 (-71.6%), from €40,711 to €11,557
- Reserves +€28,370
up €28,370 (+11.0%), from €257,665 to €286,035
- Advances received +€25,496
new in 2025: €25,496
- Gross operating margin +€54,995
up €54,995 (+24.0%), from €229,483 to €284,478
- Taxes +€15,174
up €15,174 (+83.6%), from €18,152 to €33,325
- Staff costs +€8,514
up €8,514 (+13.3%), from €64,097 to €72,611
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 | €1,004,268 | €984,377 | -€19,890 | -2.0% |
| Fixed assets | 21/28 | €652,142 | €582,938 | -€69,205 | -10.6% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €643,522 | €574,317 | -€69,205 | -10.8% |
| Land and buildings | 22 | €566,222 | €518,298 | -€47,925 | -8.5% |
| Plant, machinery and equipment | 23 | €15,029 | €12,360 | -€2,670 | -17.8% |
| Furniture and vehicles | 24 | €62,270 | €43,660 | -€18,611 | -29.9% |
| Financial fixed assets | 28 | €8,620 | €8,620 | = | 0.0% |
| Current assets | 29/58 | €352,125 | €401,440 | +€49,315 | +14.0% |
| Stocks and contracts in progress | 3 | €134,135 | €119,959 | -€14,177 | -10.6% |
| Stocks | 30/36 | €134,135 | €119,959 | -€14,177 | -10.6% |
| Amounts receivable within one year | 40/41 | €103,354 | €56,597 | -€46,757 | -45.2% |
| Trade receivables | 40 | €102,413 | €54,548 | -€47,866 | -46.7% |
| Other amounts receivable | 41 | €940 | €2,049 | +€1,109 | +117.9% |
| Current investments | 50/53 | €78,497 | €90,813 | +€12,316 | +15.7% |
| Cash at bank and in hand | 54/58 | €25,608 | €122,477 | +€96,869 | +378.3% |
| Deferred charges and accrued income | 490/1 | €10,532 | €11,595 | +€1,063 | +10.1% |
| Total equity and liabilities | 10/49 | €1,004,268 | €984,377 | -€19,890 | -2.0% |
| Equity | 10/15 | €277,850 | €306,221 | +€28,370 | +10.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €257,665 | €286,035 | +€28,370 | +11.0% |
| Distributable reserves | 133 | €257,665 | €286,035 | +€28,370 | +11.0% |
| Profit (loss) carried forward | 14 | €1,585 | €1,585 | = | 0.0% |
| Amounts payable | 17/49 | €726,417 | €678,157 | -€48,260 | -6.6% |
| Amounts payable after more than one year | 17 | €418,690 | €476,688 | +€57,998 | +13.9% |
| Financial debts | 170/4 | €418,690 | €476,688 | +€57,998 | +13.9% |
| Amounts payable within one year | 42/48 | €296,997 | €196,353 | -€100,644 | -33.9% |
| Current portion of amounts payable after more than one year | 42 | €58,391 | €80,800 | +€22,409 | +38.4% |
| Trade debts | 44 | €40,711 | €11,557 | -€29,154 | -71.6% |
| Suppliers | 440/4 | €40,711 | €11,557 | -€29,154 | -71.6% |
| Advances received on contracts in progress | 46 | - | €25,496 | +€25,496 | |
| Taxes, remuneration and social security | 45 | €29,211 | €28,199 | -€1,011 | -3.5% |
| Taxes | 450/3 | €17,367 | €15,806 | -€1,561 | -9.0% |
| Remuneration and social security | 454/9 | €11,844 | €12,393 | +€549 | +4.6% |
| Other amounts payable | 47/48 | €168,684 | €50,301 | -€118,384 | -70.2% |
| Accrued charges and deferred income | 492/3 | €10,731 | €5,117 | -€5,614 | -52.3% |
| Remuneration, social security and pensions | 62 | €64,097 | €72,611 | +€8,514 | +13.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €76,375 | €74,794 | -€1,581 | -2.1% |
| Other operating charges | 640/8 | €4,623 | €4,418 | -€205 | -4.4% |
| Gross operating margin | 9900 | €229,483 | €284,478 | +€54,995 | +24.0% |
| Operating profit (loss) | 9901 | €84,389 | €132,656 | +€48,267 | +57.2% |
| Financial income | 75/76B | €489 | €1,414 | +€924 | +188.8% |
| Recurring financial income | 75 | €489 | €1,414 | +€924 | +188.8% |
| Financial charges | 65/66B | €22,882 | €20,358 | -€2,524 | -11.0% |
| Recurring financial charges | 65 | €22,882 | €20,358 | -€2,524 | -11.0% |
| Profit (loss) for the period before taxes | 9903 | €61,997 | €113,712 | +€51,715 | +83.4% |
| Income taxes | 67/77 | €18,152 | €33,325 | +€15,174 | +83.6% |
| Profit (loss) for the period | 9904 | €43,845 | €80,386 | +€36,541 | +83.3% |
| Profit (loss) for the period to be appropriated | 9905 | €43,845 | €80,386 | +€36,541 | +83.3% |
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 10 October 2026 via checked.be.