WAMCOSA: 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.
WAMCOSA
Largest movements
- Cash -€156,746
down €156,746 (-53.4%), from €293,287 to €136,542
mainly Contributions, distributions and other (-€263,404) and Accrued charges and deferred income (-€4,453)
- Receivables within one year -€25,836
down €25,836 (-69.4%), from €37,228 to €11,392
of which Trade receivables: -€29,146
- Tangible fixed assets -€8,683
down €8,683 (-85.0%), from €10,221 to €1,538
of which Furniture and vehicles: -€6,390
- Reserves -€265,426
down €265,426 (-87.1%), from €304,885 to €39,459
of which Distributable reserves: -€263,571
- Other debts +€79,320
up €79,320 (+114.1%), from €69,495 to €148,815
- Accrued charges and deferred income -€4,453
down €4,453 (-100.0%), from €4,453 to €0
- Gross operating margin -€18,085
down €18,085 (-68.9%), from €26,264 to €8,179
- Depreciation -€7,436
down €7,436 (-46.1%), from €16,119 to €8,683
- Financial income -€7,385
down €7,385 (-95.2%), from €7,760 to €375
- Financial charges -€4,453
down €4,453 (-98.9%), from €4,501 to €49
- Taxes -€3,649
down €3,649 (-85.9%), from €4,246 to €597
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 | €386,815 | €195,610 | -€191,205 | -49.4% |
| Fixed assets | 21/28 | €10,221 | €1,538 | -€8,683 | -85.0% |
| Tangible fixed assets | 22/27 | €10,221 | €1,538 | -€8,683 | -85.0% |
| Plant, machinery and equipment | 23 | €3,831 | €1,538 | -€2,293 | -59.9% |
| Furniture and vehicles | 24 | €6,390 | €0 | -€6,390 | -100.0% |
| Current assets | 29/58 | €376,593 | €194,072 | -€182,522 | -48.5% |
| Amounts receivable within one year | 40/41 | €37,228 | €11,392 | -€25,836 | -69.4% |
| Trade receivables | 40 | €29,146 | €0 | -€29,146 | -100.0% |
| Other amounts receivable | 41 | €8,082 | €11,392 | +€3,310 | +41.0% |
| Current investments | 50/53 | €44,547 | €44,547 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €293,287 | €136,542 | -€156,746 | -53.4% |
| Deferred charges and accrued income | 490/1 | €1,531 | €1,591 | +€60 | +3.9% |
| Total equity and liabilities | 10/49 | €386,815 | €195,610 | -€191,205 | -49.4% |
| Equity | 10/15 | €311,085 | €45,659 | -€265,426 | -85.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €304,885 | €39,459 | -€265,426 | -87.1% |
| Non-distributable reserves | 130/1 | €1,855 | €0 | -€1,855 | -100.0% |
| Reserves not available under the articles | 1311 | €1,855 | €0 | -€1,855 | -100.0% |
| Distributable reserves | 133 | €303,030 | €39,459 | -€263,571 | -87.0% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €75,730 | €149,951 | +€74,221 | +98.0% |
| Amounts payable within one year | 42/48 | €71,276 | €149,951 | +€78,675 | +110.4% |
| Trade debts | 44 | €1,256 | €768 | -€488 | -38.9% |
| Suppliers | 440/4 | €1,256 | €768 | -€488 | -38.9% |
| Taxes, remuneration and social security | 45 | €525 | €368 | -€157 | -29.9% |
| Taxes | 450/3 | €525 | €368 | -€157 | -29.9% |
| Other amounts payable | 47/48 | €69,495 | €148,815 | +€79,320 | +114.1% |
| Accrued charges and deferred income | 492/3 | €4,453 | €0 | -€4,453 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,119 | €8,683 | -€7,436 | -46.1% |
| Other operating charges | 640/8 | €1,344 | €1,248 | -€96 | -7.1% |
| Gross operating margin | 9900 | €26,264 | €8,179 | -€18,085 | -68.9% |
| Operating profit (loss) | 9901 | €8,801 | -€1,751 | -€10,552 | |
| Financial income | 75/76B | €7,760 | €375 | -€7,385 | -95.2% |
| Recurring financial income | 75 | €7,760 | €375 | -€7,385 | -95.2% |
| Financial charges | 65/66B | €4,501 | €49 | -€4,453 | -98.9% |
| Recurring financial charges | 65 | €4,501 | €49 | -€4,453 | -98.9% |
| Profit (loss) for the period before taxes | 9903 | €12,060 | -€1,425 | -€13,485 | |
| Income taxes | 67/77 | €4,246 | €597 | -€3,649 | -85.9% |
| Profit (loss) for the period | 9904 | €7,814 | -€2,022 | -€9,836 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,814 | -€2,022 | -€9,836 |
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 4 October 2026 via checked.be.