Wapi 1353: 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.
Wapi 1353
Largest movements
- Current investments +€125,998
new in 2025: €125,998
- Cash -€101,729
down €101,729 (-72.1%), from €141,007 to €39,278
mainly Current investments (-€125,998) and Debts after one year (-€61,033)
- Tangible fixed assets -€90,662
down €90,662 (-3.2%), from €2.9m to €2.8m
of which Land and buildings: -€83,328
- Debts after one year -€61,033
down €61,033 (-2.2%), from €2.8m to €2.8m
- Gross operating margin +€5,566
up €5,566 (+3.5%), from €159,223 to €164,789
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 | €3,008,360 | €2,945,939 | -€62,420 | -2.1% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €2,865,795 | €2,775,133 | -€90,662 | -3.2% |
| Tangible fixed assets | 22/27 | €2,865,795 | €2,775,133 | -€90,662 | -3.2% |
| Land and buildings | 22 | €2,852,935 | €2,769,607 | -€83,328 | -2.9% |
| Furniture and vehicles | 24 | €12,859 | €5,526 | -€7,333 | -57.0% |
| Current assets | 29/58 | €142,565 | €170,806 | +€28,241 | +19.8% |
| Amounts receivable within one year | 40/41 | €359 | €0 | -€359 | -100.0% |
| Other amounts receivable | 41 | €359 | €0 | -€359 | -100.0% |
| Current investments | 50/53 | - | €125,998 | +€125,998 | |
| Cash at bank and in hand | 54/58 | €141,007 | €39,278 | -€101,729 | -72.1% |
| Deferred charges and accrued income | 490/1 | €1,200 | €5,531 | +€4,331 | +361.0% |
| Total equity and liabilities | 10/49 | €3,008,360 | €2,945,939 | -€62,420 | -2.1% |
| Equity | 10/15 | €100,541 | €100,187 | -€353 | -0.4% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €541 | €187 | -€353 | -65.4% |
| Amounts payable | 17/49 | €2,907,819 | €2,845,752 | -€62,067 | -2.1% |
| Amounts payable after more than one year | 17 | €2,831,961 | €2,770,928 | -€61,033 | -2.2% |
| Financial debts | 170/4 | €2,831,961 | €2,770,928 | -€61,033 | -2.2% |
| Amounts payable within one year | 42/48 | €75,858 | €73,879 | -€1,979 | -2.6% |
| Current portion of amounts payable after more than one year | 42 | €59,895 | €61,033 | +€1,138 | +1.9% |
| Trade debts | 44 | €924 | €2,199 | +€1,276 | +138.1% |
| Suppliers | 440/4 | €924 | €2,199 | +€1,276 | +138.1% |
| Taxes, remuneration and social security | 45 | €5,999 | €4,059 | -€1,940 | -32.3% |
| Taxes | 450/3 | €5,999 | €4,059 | -€1,940 | -32.3% |
| Other amounts payable | 47/48 | €9,040 | €6,588 | -€2,452 | -27.1% |
| Accrued charges and deferred income | 492/3 | €0 | €945 | +€945 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €91,251 | €90,662 | -€589 | -0.6% |
| Other operating charges | 640/8 | €10,550 | €10,954 | +€404 | +3.8% |
| Gross operating margin | 9900 | €159,223 | €164,789 | +€5,566 | +3.5% |
| Operating profit (loss) | 9901 | €57,422 | €63,173 | +€5,751 | +10.0% |
| Financial income | 75/76B | - | €1,510 | +€1,510 | |
| Recurring financial income | 75 | - | €1,510 | +€1,510 | |
| Financial charges | 65/66B | €55,185 | €54,044 | -€1,141 | -2.1% |
| Recurring financial charges | 65 | €55,185 | €54,044 | -€1,141 | -2.1% |
| Profit (loss) for the period before taxes | 9903 | €2,237 | €10,639 | +€8,403 | +375.6% |
| Income taxes | 67/77 | €4,860 | €4,493 | -€367 | -7.5% |
| Profit (loss) for the period | 9904 | -€2,623 | €6,147 | +€8,769 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,623 | €6,147 | +€8,769 |
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 2 October 2026 via checked.be.