Wanda: 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.
Wanda
Largest movements
- Tangible fixed assets -€18,075
down €18,075 (-4.1%), from €436,518 to €418,443
of which Other tangible fixed assets: -€18,919
- Receivables within one year -€15,022
down €15,022 (-50.9%), from €29,513 to €14,491
of which Trade receivables: -€29,054
- Intangible fixed assets -€12,500
down €12,500 (-52.7%), from €23,702 to €11,202
- Stocks and contracts +€6,757
up €6,757 (+319.3%), from €2,117 to €8,874
- Debts after one year -€29,043
down €29,043 (-7.3%), from €396,232 to €367,189
- Trade debts -€5,647
down €5,647 (-15.8%), from €35,758 to €30,111
- Staff costs +€5,946
up €5,946 (+77.7%), from €7,656 to €13,603
- Other operating charges -€1,685
down €1,685 (-81.2%), from €2,076 to €390
- Financial income +€623
up €623 (+30822.3%), from €2 to €625
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 | €514,464 | €480,124 | -€34,340 | -6.7% |
| Fixed assets | 21/28 | €460,220 | €429,645 | -€30,575 | -6.6% |
| Intangible fixed assets | 21 | €23,702 | €11,202 | -€12,500 | -52.7% |
| Tangible fixed assets | 22/27 | €436,518 | €418,443 | -€18,075 | -4.1% |
| Land and buildings | 22 | €5,724 | €5,028 | -€696 | -12.2% |
| Plant, machinery and equipment | 23 | - | €1,916 | +€1,916 | |
| Furniture and vehicles | 24 | €629 | €253 | -€376 | -59.7% |
| Other tangible fixed assets | 26 | €430,164 | €411,245 | -€18,919 | -4.4% |
| Current assets | 29/58 | €54,244 | €50,479 | -€3,765 | -6.9% |
| Stocks and contracts in progress | 3 | €2,117 | €8,874 | +€6,757 | +319.3% |
| Stocks | 30/36 | €2,117 | €8,874 | +€6,757 | +319.3% |
| Amounts receivable within one year | 40/41 | €29,513 | €14,491 | -€15,022 | -50.9% |
| Trade receivables | 40 | €29,452 | €398 | -€29,054 | -98.6% |
| Other amounts receivable | 41 | €61 | €14,093 | +€14,032 | +23048.3% |
| Cash at bank and in hand | 54/58 | €22,614 | €25,911 | +€3,297 | +14.6% |
| Deferred charges and accrued income | 490/1 | - | €1,203 | +€1,203 | |
| Total equity and liabilities | 10/49 | €514,464 | €480,124 | -€34,340 | -6.7% |
| Equity | 10/15 | €49,521 | €47,807 | -€1,714 | -3.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €29,061 | €27,347 | -€1,714 | -5.9% |
| Amounts payable | 17/49 | €464,943 | €432,317 | -€32,626 | -7.0% |
| Amounts payable after more than one year | 17 | €396,232 | €367,189 | -€29,043 | -7.3% |
| Financial debts | 170/4 | €396,232 | €367,189 | -€29,043 | -7.3% |
| Amounts payable within one year | 42/48 | €68,711 | €65,128 | -€3,583 | -5.2% |
| Current portion of amounts payable after more than one year | 42 | €26,521 | €27,492 | +€970 | +3.7% |
| Trade debts | 44 | €35,758 | €30,111 | -€5,647 | -15.8% |
| Suppliers | 440/4 | €35,758 | €30,111 | -€5,647 | -15.8% |
| Taxes, remuneration and social security | 45 | €6,431 | €7,525 | +€1,093 | +17.0% |
| Taxes | 450/3 | €1,141 | €1,422 | +€281 | +24.7% |
| Remuneration and social security | 454/9 | €5,290 | €6,102 | +€812 | +15.3% |
| Remuneration, social security and pensions | 62 | €7,656 | €13,603 | +€5,946 | +77.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,491 | €32,681 | +€190 | +0.6% |
| Other operating charges | 640/8 | €2,076 | €390 | -€1,685 | -81.2% |
| Gross operating margin | 9900 | €61,117 | €61,621 | +€504 | +0.8% |
| Operating profit (loss) | 9901 | €18,894 | €14,947 | -€3,947 | -20.9% |
| Financial income | 75/76B | €2 | €625 | +€623 | +30822.3% |
| Recurring financial income | 75 | €2 | €625 | +€623 | +30822.3% |
| Financial charges | 65/66B | €16,864 | €16,864 | -€0 | 0.0% |
| Recurring financial charges | 65 | €16,864 | €16,864 | -€0 | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €2,032 | -€1,292 | -€3,324 | |
| Income taxes | 67/77 | €996 | €421 | -€574 | -57.7% |
| Profit (loss) for the period | 9904 | €1,036 | -€1,714 | -€2,750 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,036 | -€1,714 | -€2,750 |
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 7 October 2026 via checked.be.