WAN: 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.
WAN
Largest movements
- Cash -€10,756
down €10,756 (-72.0%), from €14,943 to €4,187
mainly Accrued charges and deferred income (-€23,347) and Receivables within one year (-€7,767)
- Tangible fixed assets -€9,375
down €9,375 (-29.3%), from €32,031 to €22,656
- Receivables within one year +€7,767
up €7,767 (+12.0%), from €64,582 to €72,349
- Deferred charges and accrued income +€2,996
new in 2024: €2,996
- Accrued charges and deferred income -€23,347
down €23,347 (-83.9%), from €27,842 to €4,495
- Provisions +€12,483
new in 2024: €12,483
- Other debts -€6,006
down €6,006 (-9.2%), from €65,239 to €59,233
- Tax, wage and social debts +€3,949
up €3,949 (+33.9%), from €11,647 to €15,596
of which Taxes: +€6,528
- Reserves +€2,442
up €2,442 (+368.9%), from €662 to €3,104
- Gross operating margin +€92,312
up €92,312 (+168.1%), from €54,919 to €147,231
- Staff costs +€74,142
up €74,142 (+152.0%), from €48,788 to €122,930
- Depreciation +€3,906
up €3,906 (+71.4%), from €5,469 to €9,375
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €111,556 | €102,189 | -€9,368 | -8.4% |
| Fixed assets | 21/28 | €32,031 | €22,656 | -€9,375 | -29.3% |
| Tangible fixed assets | 22/27 | €32,031 | €22,656 | -€9,375 | -29.3% |
| Plant, machinery and equipment | 23 | €32,031 | €22,656 | -€9,375 | -29.3% |
| Current assets | 29/58 | €79,525 | €79,533 | +€7 | 0.0% |
| Amounts receivable within one year | 40/41 | €64,582 | €72,349 | +€7,767 | +12.0% |
| Trade receivables | 40 | €64,582 | €72,349 | +€7,767 | +12.0% |
| Cash at bank and in hand | 54/58 | €14,943 | €4,187 | -€10,756 | -72.0% |
| Deferred charges and accrued income | 490/1 | - | €2,996 | +€2,996 | |
| Total equity and liabilities | 10/49 | €111,556 | €102,189 | -€9,368 | -8.4% |
| Equity | 10/15 | €5,662 | €8,104 | +€2,442 | +43.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €662 | €3,104 | +€2,442 | +368.9% |
| Distributable reserves | 133 | €662 | €3,104 | +€2,442 | +368.9% |
| Provisions and deferred taxes | 16 | - | €12,483 | +€12,483 | |
| Provisions for liabilities and charges | 160/5 | - | €12,483 | +€12,483 | |
| Other liabilities and charges | 164/5 | - | €12,483 | +€12,483 | |
| Amounts payable | 17/49 | €105,894 | €81,602 | -€24,293 | -22.9% |
| Amounts payable within one year | 42/48 | €78,052 | €77,107 | -€946 | -1.2% |
| Trade debts | 44 | €1,166 | €2,277 | +€1,111 | +95.3% |
| Suppliers | 440/4 | €1,166 | €2,277 | +€1,111 | +95.3% |
| Taxes, remuneration and social security | 45 | €11,647 | €15,596 | +€3,949 | +33.9% |
| Taxes | 450/3 | €9,068 | €15,596 | +€6,528 | +72.0% |
| Remuneration and social security | 454/9 | €2,579 | - | -€2,579 | |
| Other amounts payable | 47/48 | €65,239 | €59,233 | -€6,006 | -9.2% |
| Accrued charges and deferred income | 492/3 | €27,842 | €4,495 | -€23,347 | -83.9% |
| Non-recurring operating income | 76A | €1,225 | €902 | -€323 | -26.4% |
| Remuneration, social security and pensions | 62 | €48,788 | €122,930 | +€74,142 | +152.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,469 | €9,375 | +€3,906 | +71.4% |
| Non-recurring operating charges | 66A | - | €12,483 | +€12,483 | |
| Gross operating margin | 9900 | €54,919 | €147,231 | +€92,312 | +168.1% |
| Operating profit (loss) | 9901 | €662 | €2,442 | +€1,780 | +268.9% |
| Profit (loss) for the period before taxes | 9903 | €662 | €2,442 | +€1,780 | +268.9% |
| Profit (loss) for the period | 9904 | €662 | €2,442 | +€1,780 | +268.9% |
| Profit (loss) for the period to be appropriated | 9905 | €662 | €2,442 | +€1,780 | +268.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.