Wapi Assurances: what changed
Two financial 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 Assurances
Largest movements
- Cash -€24,012
down €24,012 (-39.3%), from €61,098 to €37,086
mainly Debts after one year (-€103,275) and Other debts (-€55,043)
- Profit (loss) carried forward +€143,056
up €143,056 (+24.5%), from €584,603 to €727,658
- Debts after one year -€103,275
down €103,275 (-37.8%), from €273,483 to €170,208
- Other debts -€55,043
down €55,043 (-88.4%), from €62,276 to €7,233
- Financial income -€100,000
no longer reported in 2025 (was €100,000)
- Gross operating margin +€8,882
up €8,882 (+4.5%), from €195,308 to €204,190
- Financial charges -€6,452
down €6,452 (-43.5%), from €14,844 to €8,392
- Taxes +€3,625
up €3,625 (+7.8%), from €46,324 to €49,949
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.
Derived cash bridge
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 | €1,062,630 | €1,053,625 | -€9,005 | -0.8% |
| Fixed assets | 21/28 | €1,001,423 | €1,011,234 | +€9,811 | +1.0% |
| Tangible fixed assets | 22/27 | €1,423 | €11,234 | +€9,811 | +689% |
| Plant, machinery and equipment | 23 | €1,186 | €6,228 | +€5,042 | +425% |
| Furniture and vehicles | 24 | €237 | €5,006 | +€4,769 | +2,013% |
| Financial fixed assets | 28 | €1,000,000 | €1,000,000 | = | 0.0% |
| Current assets | 29/58 | €61,206 | €42,390 | -€18,816 | -30.7% |
| Amounts receivable within one year | 40/41 | - | €5,112 | +€5,112 | |
| Other amounts receivable | 41 | - | €5,112 | +€5,112 | |
| Cash at bank and in hand | 54/58 | €61,098 | €37,086 | -€24,012 | -39.3% |
| Deferred charges and accrued income | 490/1 | €108 | €192 | +€84 | +78.0% |
| Total equity and liabilities | 10/49 | €1,062,630 | €1,053,625 | -€9,005 | -0.8% |
| Equity | 10/15 | €603,553 | €746,609 | +€143,056 | +23.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €350 | €350 | = | 0.0% |
| Distributable reserves | 133 | €350 | €350 | = | 0.0% |
| Profit (loss) carried forward | 14 | €584,603 | €727,658 | +€143,056 | +24.5% |
| Amounts payable | 17/49 | €459,077 | €307,016 | -€152,061 | -33.1% |
| Amounts payable after more than one year | 17 | €273,483 | €170,208 | -€103,275 | -37.8% |
| Financial debts | 170/4 | €273,483 | €170,208 | -€103,275 | -37.8% |
| Amounts payable within one year | 42/48 | €185,593 | €136,808 | -€48,786 | -26.3% |
| Current portion of amounts payable after more than one year | 42 | €102,936 | €107,057 | +€4,121 | +4.0% |
| Trade debts | 44 | €135 | €1,245 | +€1,110 | +822% |
| Suppliers | 440/4 | €135 | €1,245 | +€1,110 | +822% |
| Taxes, remuneration and social security | 45 | €20,246 | €21,273 | +€1,027 | +5.1% |
| Taxes | 450/3 | €20,246 | €21,273 | +€1,027 | +5.1% |
| Other amounts payable | 47/48 | €62,276 | €7,233 | -€55,043 | -88.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €751 | €1,522 | +€771 | +103% |
| Other operating charges | 640/8 | €968 | €1,271 | +€303 | +31.4% |
| Gross operating margin | 9900 | €195,308 | €204,190 | +€8,882 | +4.5% |
| Operating profit (loss) | 9901 | €193,590 | €201,397 | +€7,808 | +4.0% |
| Financial income | 75/76B | €100,000 | - | -€100,000 | |
| Recurring financial income | 75 | €100,000 | - | -€100,000 | |
| Financial charges | 65/66B | €14,844 | €8,392 | -€6,452 | -43.5% |
| Recurring financial charges | 65 | €14,844 | €8,392 | -€6,452 | -43.5% |
| Profit (loss) for the period before taxes | 9903 | €278,746 | €193,005 | -€85,741 | -30.8% |
| Income taxes | 67/77 | €46,324 | €49,949 | +€3,625 | +7.8% |
| Profit (loss) for the period | 9904 | €232,422 | €143,056 | -€89,366 | -38.4% |
| Profit (loss) for the period to be appropriated | 9905 | €232,422 | €143,056 | -€89,366 | -38.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.