WARCES: 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.
WARCES
Largest movements
- Receivables within one year +€110
up €110 (+8.7%), from €1,261 to €1,371
- Other debts +€336
up €336 (+1.7%), from €19,819 to €20,155
- Profit (loss) carried forward -€231
down €231 (-0.9%), from -€24,687 to -€24,918
- Other operating charges +€68
up €68 (+57.4%), from €118 to €186
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 | €1,332 | €1,437 | +€105 | +7.9% |
| Current assets | 29/58 | €1,332 | €1,437 | +€105 | +7.9% |
| Amounts receivable within one year | 40/41 | €1,261 | €1,371 | +€110 | +8.7% |
| Other amounts receivable | 41 | €1,261 | €1,371 | +€110 | +8.7% |
| Cash at bank and in hand | 54/58 | €70 | €65 | -€5 | -7.1% |
| Total equity and liabilities | 10/49 | €1,332 | €1,437 | +€105 | +7.9% |
| Equity | 10/15 | -€18,487 | -€18,718 | -€231 | -1.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€24,687 | -€24,918 | -€231 | -0.9% |
| Amounts payable | 17/49 | €19,819 | €20,155 | +€336 | +1.7% |
| Amounts payable within one year | 42/48 | €19,819 | €20,155 | +€336 | +1.7% |
| Other amounts payable | 47/48 | €19,819 | €20,155 | +€336 | +1.7% |
| Other operating charges | 640/8 | €118 | €186 | +€68 | +57.4% |
| Operating profit (loss) | 9901 | -€118 | -€186 | -€68 | -57.4% |
| Financial charges | 65/66B | €45 | €45 | = | 0.0% |
| Recurring financial charges | 65 | €45 | €45 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | -€163 | -€231 | -€68 | -41.5% |
| Profit (loss) for the period | 9904 | -€163 | -€231 | -€68 | -41.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€163 | -€231 | -€68 | -41.5% |
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 2 October 2026 via checked.be.