WANIT: 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.
WANIT
Largest movements
- Cash -€113,111
down €113,111 (-70.4%), from €160,603 to €47,492
mainly Investment in fixed assets (net) (-€166,422) and Net result for the year (-€73,745)
- Intangible fixed assets +€45,476
up €45,476 (+12.5%), from €364,290 to €409,766
- Profit (loss) carried forward -€73,745
down €73,745 (-78.5%), from -€93,915 to -€167,660
- Debts after one year -€45,000
down €45,000 (-84.9%), from €53,000 to €8,000
- Trade debts +€24,766
up €24,766 (+56.0%), from €44,227 to €68,993
- Investment grants +€17,491
up €17,491 (+6.1%), from €287,061 to €304,552
- Gross operating margin +€85,419
up €85,419 (+81.7%), from -€104,538 to -€19,119
- Depreciation +€30,953
up €30,953 (+34.0%), from €91,092 to €122,045
- Financial income +€20,841
up €20,841 (+30.5%), from €68,393 to €89,234
- Staff costs +€15,494
up €15,494 (+276.3%), from €5,607 to €21,101
- Financial charges -€1,079
down €1,079 (-81.1%), from €1,330 to €251
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 | €607,326 | €530,566 | -€76,760 | -12.6% |
| Fixed assets | 21/28 | €367,190 | €411,567 | +€44,377 | +12.1% |
| Intangible fixed assets | 21 | €364,290 | €409,766 | +€45,476 | +12.5% |
| Tangible fixed assets | 22/27 | €2,900 | €1,801 | -€1,099 | -37.9% |
| Furniture and vehicles | 24 | €2,900 | €1,801 | -€1,099 | -37.9% |
| Current assets | 29/58 | €240,136 | €118,999 | -€121,137 | -50.4% |
| Stocks and contracts in progress | 3 | €63,870 | €61,449 | -€2,421 | -3.8% |
| Stocks | 30/36 | €63,870 | €61,449 | -€2,421 | -3.8% |
| Amounts receivable within one year | 40/41 | €15,297 | €9,908 | -€5,389 | -35.2% |
| Trade receivables | 40 | - | €479 | +€479 | |
| Other amounts receivable | 41 | €15,297 | €9,429 | -€5,868 | -38.4% |
| Cash at bank and in hand | 54/58 | €160,603 | €47,492 | -€113,111 | -70.4% |
| Deferred charges and accrued income | 490/1 | €366 | €150 | -€216 | -59.0% |
| Total equity and liabilities | 10/49 | €607,326 | €530,566 | -€76,760 | -12.6% |
| Equity | 10/15 | €465,071 | €408,817 | -€56,254 | -12.1% |
| Contributions | 10/11 | €271,925 | €271,925 | = | 0.0% |
| Capital | 10 | €271,925 | €271,925 | = | 0.0% |
| Issued capital | 100 | €271,925 | €271,925 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€93,915 | -€167,660 | -€73,745 | -78.5% |
| Investment grants | 15 | €287,061 | €304,552 | +€17,491 | +6.1% |
| Amounts payable | 17/49 | €142,255 | €121,749 | -€20,506 | -14.4% |
| Amounts payable after more than one year | 17 | €53,000 | €8,000 | -€45,000 | -84.9% |
| Financial debts | 170/4 | €53,000 | €8,000 | -€45,000 | -84.9% |
| Amounts payable within one year | 42/48 | €89,255 | €113,749 | +€24,494 | +27.4% |
| Trade debts | 44 | €44,227 | €68,993 | +€24,766 | +56.0% |
| Suppliers | 440/4 | €44,227 | €68,993 | +€24,766 | +56.0% |
| Taxes, remuneration and social security | 45 | €882 | - | -€882 | |
| Taxes | 450/3 | €72 | - | -€72 | |
| Remuneration and social security | 454/9 | €810 | - | -€810 | |
| Other amounts payable | 47/48 | €44,146 | €44,756 | +€610 | +1.4% |
| Non-recurring operating income | 76A | - | €5,020 | +€5,020 | |
| Remuneration, social security and pensions | 62 | €5,607 | €21,101 | +€15,494 | +276.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €91,092 | €122,045 | +€30,953 | +34.0% |
| Other operating charges | 640/8 | €127 | €424 | +€297 | +233.9% |
| Non-recurring operating charges | 66A | - | €39 | +€39 | |
| Gross operating margin | 9900 | -€104,538 | -€19,119 | +€85,419 | +81.7% |
| Operating profit (loss) | 9901 | -€201,364 | -€162,728 | +€38,636 | +19.2% |
| Financial income | 75/76B | €68,393 | €89,234 | +€20,841 | +30.5% |
| Recurring financial income | 75 | €68,393 | €89,234 | +€20,841 | +30.5% |
| Financial charges | 65/66B | €1,330 | €251 | -€1,079 | -81.1% |
| Recurring financial charges | 65 | €1,330 | €251 | -€1,079 | -81.1% |
| Profit (loss) for the period before taxes | 9903 | -€134,301 | -€73,745 | +€60,556 | +45.1% |
| Profit (loss) for the period | 9904 | -€134,301 | -€73,745 | +€60,556 | +45.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€134,301 | -€73,745 | +€60,556 | +45.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 November 2024 and 30 November 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.