WARANDE1970: 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.
WARANDE1970
Largest movements
- Cash -€44,311
down €44,311 (-70.0%), from €63,279 to €18,968
mainly Contributions, distributions and other (-€1.6m) and Trade debts (-€77,617)
- Reserves -€1.5m
down €1.5m (-74.6%), from €2.0m to €520,860
of which Distributable reserves: -€1.5m
- Other debts +€1.5m
new in 2025: €1.5m
- Trade debts -€77,617
down €77,617 (-97.0%), from €80,036 to €2,419
- Tax, wage and social debts +€54,727
up €54,727 (+42.7%), from €128,166 to €182,893
- Gross operating margin -€114,820
down €114,820 (-50.7%), from €226,430 to €111,610
- Taxes -€40,681
down €40,681 (-56.5%), from €71,996 to €31,315
- Other operating charges -€4,128
down €4,128 (-98.8%), from €4,177 to €49
- Financial income -€3,387
no longer reported in 2025 (was €3,387)
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 | €2,972,448 | €2,928,055 | -€44,393 | -1.5% |
| Fixed assets | 21/28 | €40,301 | €22,012 | -€18,289 | -45.4% |
| Tangible fixed assets | 22/27 | €40,301 | €22,012 | -€18,289 | -45.4% |
| Plant, machinery and equipment | 23 | €1,013 | €675 | -€338 | -33.3% |
| Furniture and vehicles | 24 | €39,288 | €21,337 | -€17,952 | -45.7% |
| Current assets | 29/58 | €2,932,147 | €2,906,043 | -€26,103 | -0.9% |
| Amounts receivable within one year | 40/41 | €2,868,868 | €2,887,076 | +€18,208 | +0.6% |
| Trade receivables | 40 | €116,071 | €9,000 | -€107,071 | -92.2% |
| Other amounts receivable | 41 | €2,752,797 | €2,878,076 | +€125,279 | +4.6% |
| Cash at bank and in hand | 54/58 | €63,279 | €18,968 | -€44,311 | -70.0% |
| Total equity and liabilities | 10/49 | €2,972,448 | €2,928,055 | -€44,393 | -1.5% |
| Equity | 10/15 | €2,764,246 | €1,238,893 | -€1.5m | -55.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €2,046,860 | €520,860 | -€1.5m | -74.6% |
| 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 | €2,045,000 | €519,000 | -€1.5m | -74.6% |
| Profit (loss) carried forward | 14 | €704,986 | €705,633 | +€647 | +0.1% |
| Amounts payable | 17/49 | €208,202 | €1,689,162 | +€1.5m | +711% |
| Amounts payable within one year | 42/48 | €208,202 | €1,689,162 | +€1.5m | +711% |
| Trade debts | 44 | €80,036 | €2,419 | -€77,617 | -97.0% |
| Suppliers | 440/4 | €80,036 | €2,419 | -€77,617 | -97.0% |
| Taxes, remuneration and social security | 45 | €128,166 | €182,893 | +€54,727 | +42.7% |
| Taxes | 450/3 | €128,166 | €182,893 | +€54,727 | +42.7% |
| Other amounts payable | 47/48 | - | €1,503,850 | +€1.5m | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,285 | €18,289 | +€4 | 0.0% |
| Other operating charges | 640/8 | €4,177 | €49 | -€4,128 | -98.8% |
| Gross operating margin | 9900 | €226,430 | €111,610 | -€114,820 | -50.7% |
| Operating profit (loss) | 9901 | €203,968 | €93,272 | -€110,696 | -54.3% |
| Financial income | 75/76B | €3,387 | - | -€3,387 | |
| Recurring financial income | 75 | €3,387 | - | -€3,387 | |
| Financial charges | 65/66B | €2,492 | €4,310 | +€1,818 | +73.0% |
| Recurring financial charges | 65 | €2,492 | €4,310 | +€1,818 | +73.0% |
| Profit (loss) for the period before taxes | 9903 | €204,863 | €88,962 | -€115,902 | -56.6% |
| Income taxes | 67/77 | €71,996 | €31,315 | -€40,681 | -56.5% |
| Profit (loss) for the period | 9904 | €132,868 | €57,647 | -€75,221 | -56.6% |
| Profit (loss) for the period to be appropriated | 9905 | €132,868 | €57,647 | -€75,221 | -56.6% |
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 21 October 2026 via checked.be.