WAPPA: 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.
WAPPA
Largest movements
- Receivables after one year +€40,000
up €40,000 (+10.0%), from €400,000 to €440,000
- Profit (loss) carried forward +€29,587
up €29,587 (+28.7%), from -€102,915 to -€73,327
- Other debts +€9,951
up €9,951 (+2.9%), from €338,271 to €348,221
- Tax, wage and social debts -€4,408
down €4,408 (-69.3%), from €6,358 to €1,950
- Financial charges -€4,573
down €4,573 (-37.7%), from €12,132 to €7,559
- Financial income +€1,600
up €1,600 (+10.3%), from €15,600 to €17,200
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €402,428 | €440,029 | +€37,601 | +9.3% |
| Current assets | 29/58 | €402,428 | €440,029 | +€37,601 | +9.3% |
| Amounts receivable after more than one year | 29 | €400,000 | €440,000 | +€40,000 | +10.0% |
| Other amounts receivable | 291 | €400,000 | €440,000 | +€40,000 | +10.0% |
| Amounts receivable within one year | 40/41 | €2,420 | - | -€2,420 | |
| Trade receivables | 40 | €2,420 | - | -€2,420 | |
| Cash at bank and in hand | 54/58 | €8 | €29 | +€21 | +256.9% |
| Total equity and liabilities | 10/49 | €402,428 | €440,029 | +€37,601 | +9.3% |
| Equity | 10/15 | €40,985 | €70,572 | +€29,587 | +72.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €125,300 | €125,300 | = | 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% |
| Distributable reserves | 133 | €123,440 | €123,440 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€102,915 | -€73,327 | +€29,587 | +28.7% |
| Amounts payable | 17/49 | €361,443 | €369,457 | +€8,014 | +2.2% |
| Amounts payable within one year | 42/48 | €361,443 | €369,457 | +€8,014 | +2.2% |
| Trade debts | 44 | €16,814 | €19,286 | +€2,471 | +14.7% |
| Suppliers | 440/4 | €16,814 | €19,286 | +€2,471 | +14.7% |
| Taxes, remuneration and social security | 45 | €6,358 | €1,950 | -€4,408 | -69.3% |
| Taxes | 450/3 | €6,358 | €1,950 | -€4,408 | -69.3% |
| Other amounts payable | 47/48 | €338,271 | €348,221 | +€9,951 | +2.9% |
| Other operating charges | 640/8 | €1,353 | €1,335 | -€18 | -1.3% |
| Gross operating margin | 9900 | €21,153 | €21,282 | +€128 | +0.6% |
| Operating profit (loss) | 9901 | €19,800 | €19,946 | +€146 | +0.7% |
| Financial income | 75/76B | €15,600 | €17,200 | +€1,600 | +10.3% |
| Recurring financial income | 75 | €15,600 | €17,200 | +€1,600 | +10.3% |
| Financial charges | 65/66B | €12,132 | €7,559 | -€4,573 | -37.7% |
| Recurring financial charges | 65 | €12,132 | €7,559 | -€4,573 | -37.7% |
| Profit (loss) for the period before taxes | 9903 | €23,268 | €29,587 | +€6,319 | +27.2% |
| Profit (loss) for the period | 9904 | €23,268 | €29,587 | +€6,319 | +27.2% |
| Profit (loss) for the period to be appropriated | 9905 | €23,268 | €29,587 | +€6,319 | +27.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.