WARAKU: 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.
WARAKU
Largest movements
- Cash +€126,541
up €126,541 (+141.2%), from €89,602 to €216,143
mainly Other debts (+€193,120) and Net result for the year (+€69,184)
- Receivables within one year +€87,216
up €87,216 (+14.8%), from €591,246 to €678,461
of which Other amounts receivable: +€83,407
- Other debts +€193,120
new in 2025: €193,120
- Tax, wage and social debts -€72,190
down €72,190 (-28.9%), from €249,949 to €177,759
- Profit (loss) carried forward +€69,184
up €69,184 (+15.4%), from €448,918 to €518,102
- Trade debts +€16,956
up €16,956 (+1609.0%), from €1,054 to €18,010
- Gross operating margin -€500,092
down €500,092 (-83.9%), from €596,011 to €95,920
- Taxes -€127,367
down €127,367 (-87.8%), from €145,000 to €17,633
- Depreciation +€6,549
up €6,549 (+471.9%), from €1,388 to €7,937
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 | €703,670 | €909,490 | +€205,820 | +29.2% |
| Fixed assets | 21/28 | €22,424 | €14,488 | -€7,937 | -35.4% |
| Tangible fixed assets | 22/27 | €22,424 | €14,488 | -€7,937 | -35.4% |
| Furniture and vehicles | 24 | €22,424 | €14,488 | -€7,937 | -35.4% |
| Current assets | 29/58 | €681,246 | €895,003 | +€213,757 | +31.4% |
| Amounts receivable within one year | 40/41 | €591,246 | €678,461 | +€87,216 | +14.8% |
| Trade receivables | 40 | €514,220 | €518,028 | +€3,808 | +0.7% |
| Other amounts receivable | 41 | €77,026 | €160,433 | +€83,407 | +108.3% |
| Cash at bank and in hand | 54/58 | €89,602 | €216,143 | +€126,541 | +141.2% |
| Deferred charges and accrued income | 490/1 | €398 | €398 | = | 0.0% |
| Total equity and liabilities | 10/49 | €703,670 | €909,490 | +€205,820 | +29.2% |
| Equity | 10/15 | €451,418 | €520,602 | +€69,184 | +15.3% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €448,918 | €518,102 | +€69,184 | +15.4% |
| Amounts payable | 17/49 | €252,252 | €388,889 | +€136,636 | +54.2% |
| Amounts payable within one year | 42/48 | €251,003 | €388,889 | +€137,885 | +54.9% |
| Trade debts | 44 | €1,054 | €18,010 | +€16,956 | +1609.0% |
| Suppliers | 440/4 | €1,054 | €18,010 | +€16,956 | +1609.0% |
| Taxes, remuneration and social security | 45 | €249,949 | €177,759 | -€72,190 | -28.9% |
| Taxes | 450/3 | €249,949 | €177,759 | -€72,190 | -28.9% |
| Other amounts payable | 47/48 | - | €193,120 | +€193,120 | |
| Accrued charges and deferred income | 492/3 | €1,249 | €0 | -€1,249 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,388 | €7,937 | +€6,549 | +471.9% |
| Other operating charges | 640/8 | €1,112 | €450 | -€662 | -59.5% |
| Gross operating margin | 9900 | €596,011 | €95,920 | -€500,092 | -83.9% |
| Operating profit (loss) | 9901 | €593,512 | €87,533 | -€505,979 | -85.3% |
| Financial income | 75/76B | €607 | €2,326 | +€1,719 | +283.3% |
| Recurring financial income | 75 | €607 | €2,326 | +€1,719 | +283.3% |
| Financial charges | 65/66B | €201 | €3,043 | +€2,842 | +1417.2% |
| Recurring financial charges | 65 | €201 | €3,043 | +€2,842 | +1417.2% |
| Profit (loss) for the period before taxes | 9903 | €593,918 | €86,817 | -€507,101 | -85.4% |
| Income taxes | 67/77 | €145,000 | €17,633 | -€127,367 | -87.8% |
| Profit (loss) for the period | 9904 | €448,918 | €69,184 | -€379,734 | -84.6% |
| Profit (loss) for the period to be appropriated | 9905 | €448,918 | €69,184 | -€379,734 | -84.6% |
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 30 September 2026 via checked.be.