WAPITI ESTATES: 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.
WAPITI ESTATES
Largest movements
- Current investments -€50,000
down €50,000 (-4.3%), from €1.2m to €1.1m
No liability line moved by more than 1% of the balance sheet total.
- Financial income -€12,226
down €12,226 (-30.7%), from €39,781 to €27,555
- Other operating charges -€1,804
down €1,804 (-32.1%), from €5,617 to €3,813
- Turnover +€1,000
up €1,000 (+6.4%), from €15,700 to €16,700
- Gross operating margin +€817
up €817 (+14.5%), from €5,620 to €6,437
- Purchases and services +€184
up €184 (+1.8%), from €10,079 to €10,263
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 | €4,430,917 | €4,471,298 | +€40,381 | +0.9% |
| Fixed assets | 21/28 | €2,414,016 | €2,454,600 | +€40,584 | +1.7% |
| Tangible fixed assets | 22/27 | €2,414,016 | €2,454,600 | +€40,584 | +1.7% |
| Land and buildings | 22 | €2,414,016 | €2,454,600 | +€40,584 | +1.7% |
| Current assets | 29/58 | €2,016,901 | €2,016,698 | -€203 | 0.0% |
| Stocks and contracts in progress | 3 | €836,055 | €836,055 | = | 0.0% |
| Stocks | 30/36 | €836,055 | €836,055 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €3,132 | €10,435 | +€7,303 | +233% |
| Trade receivables | 40 | €3,132 | €4,840 | +€1,708 | +54.5% |
| Other amounts receivable | 41 | - | €5,595 | +€5,595 | |
| Current investments | 50/53 | €1,150,000 | €1,100,000 | -€50,000 | -4.3% |
| Cash at bank and in hand | 54/58 | €27,714 | €70,208 | +€42,494 | +153% |
| Total equity and liabilities | 10/49 | €4,430,917 | €4,471,298 | +€40,381 | +0.9% |
| Equity | 10/15 | €4,426,268 | €4,453,254 | +€26,986 | +0.6% |
| Contributions | 10/11 | €6,000,000 | €6,000,000 | = | 0.0% |
| Capital | 10 | €6,000,000 | €6,000,000 | = | 0.0% |
| Issued capital | 100 | €6,000,000 | €6,000,000 | = | 0.0% |
| Reserves | 13 | €14,000 | €19,000 | +€5,000 | +35.7% |
| Non-distributable reserves | 130/1 | €14,000 | €19,000 | +€5,000 | +35.7% |
| Legal reserve | 130 | €14,000 | €19,000 | +€5,000 | +35.7% |
| Profit (loss) carried forward | 14 | -€1,587,732 | -€1,565,746 | +€21,986 | +1.4% |
| Amounts payable | 17/49 | €4,649 | €18,044 | +€13,395 | +288% |
| Amounts payable within one year | 42/48 | €1,479 | €14,874 | +€13,395 | +906% |
| Trade debts | 44 | €117 | €13,500 | +€13,383 | +11,438% |
| Suppliers | 440/4 | €117 | €13,500 | +€13,383 | +11,438% |
| Taxes, remuneration and social security | 45 | €1,276 | - | -€1,276 | |
| Taxes | 450/3 | €1,276 | - | -€1,276 | |
| Other amounts payable | 47/48 | €86 | €1,374 | +€1,288 | +1,498% |
| Accrued charges and deferred income | 492/3 | €3,170 | €3,170 | = | 0.0% |
| Turnover | 70 | €15,700 | €16,700 | +€1,000 | +6.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €10,079 | €10,263 | +€184 | +1.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,822 | €2,822 | = | 0.0% |
| Other operating charges | 640/8 | €5,617 | €3,813 | -€1,804 | -32.1% |
| Gross operating margin | 9900 | €5,620 | €6,437 | +€817 | +14.5% |
| Operating profit (loss) | 9901 | -€2,819 | -€198 | +€2,621 | +93.0% |
| Financial income | 75/76B | €39,781 | €27,555 | -€12,226 | -30.7% |
| Recurring financial income | 75 | €39,781 | €27,555 | -€12,226 | -30.7% |
| Financial charges | 65/66B | €284 | €371 | +€87 | +30.6% |
| Recurring financial charges | 65 | €284 | €371 | +€87 | +30.6% |
| Profit (loss) for the period before taxes | 9903 | €36,678 | €26,986 | -€9,692 | -26.4% |
| Profit (loss) for the period | 9904 | €36,678 | €26,986 | -€9,692 | -26.4% |
| Profit (loss) for the period to be appropriated | 9905 | €36,678 | €26,986 | -€9,692 | -26.4% |
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 27 October 2026 via checked.be.