WARCOING SUCRE: 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.
WARCOING SUCRE
Largest movements
- Financial fixed assets +€294,260
up €294,260 (+22.4%), from €1.3m to €1.6m
- Cash -€117,928
down €117,928 (-89.1%), from €132,378 to €14,450
mainly Other debts (-€772,407) and Investment in fixed assets (net) (-€322,080)
- Profit (loss) carried forward +€788,304
up €788,304, from -€503,299 to €285,006
- Other debts -€772,407
down €772,407 (-9.3%), from €8.3m to €7.5m
- Tax, wage and social debts +€240,701
new in 2025: €240,701
- Gross operating margin +€711,714
up €711,714 (+2,324%), from €30,621 to €742,335
- Financial charges -€655,121
down €655,121 (-98.5%), from €665,290 to €10,169
- Financial income -€513,183
down €513,183 (-62.7%), from €818,316 to €305,132
- Taxes +€240,701
up €240,701 (+66,861,472%), from €0 to €240,702
- Other operating charges -€114,652
down €114,652 (-97.6%), from €117,425 to €2,773
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 | €8,619,081 | €8,884,787 | +€265,706 | +3.1% |
| Fixed assets | 21/28 | €1,314,860 | €1,631,420 | +€316,560 | +24.1% |
| Tangible fixed assets | 22/27 | €2,955 | €25,255 | +€22,299 | +755% |
| Furniture and vehicles | 24 | €2,955 | €25,255 | +€22,299 | +755% |
| Financial fixed assets | 28 | €1,311,905 | €1,606,165 | +€294,260 | +22.4% |
| Current assets | 29/58 | €7,304,221 | €7,253,368 | -€50,854 | -0.7% |
| Amounts receivable within one year | 40/41 | €7,171,783 | €7,238,744 | +€66,961 | +0.9% |
| Trade receivables | 40 | €73,920 | €16,613 | -€57,307 | -77.5% |
| Other amounts receivable | 41 | €7,097,863 | €7,222,131 | +€124,268 | +1.8% |
| Cash at bank and in hand | 54/58 | €132,378 | €14,450 | -€117,928 | -89.1% |
| Deferred charges and accrued income | 490/1 | €60 | €174 | +€114 | +190% |
| Total equity and liabilities | 10/49 | €8,619,081 | €8,884,787 | +€265,706 | +3.1% |
| Equity | 10/15 | €280,847 | €1,069,151 | +€788,304 | +281% |
| Contributions | 10/11 | €668,953 | €668,953 | = | 0.0% |
| Capital | 10 | €668,953 | €668,953 | = | 0.0% |
| Issued capital | 100 | €668,953 | €668,953 | = | 0.0% |
| Reserves | 13 | €115,193 | €115,193 | = | 0.0% |
| Non-distributable reserves | 130/1 | €81,402 | €81,402 | = | 0.0% |
| Legal reserve | 130 | €66,895 | €66,895 | = | 0.0% |
| Reserves not available under the articles | 1311 | €14,506 | €14,506 | = | 0.0% |
| Tax-exempt reserves | 132 | €33,791 | €33,791 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€503,299 | €285,006 | +€788,304 | |
| Amounts payable | 17/49 | €8,338,234 | €7,815,636 | -€522,598 | -6.3% |
| Amounts payable within one year | 42/48 | €8,338,234 | €7,815,636 | -€522,598 | -6.3% |
| Trade debts | 44 | €19,395 | €28,503 | +€9,108 | +47.0% |
| Suppliers | 440/4 | €19,395 | €28,503 | +€9,108 | +47.0% |
| Taxes, remuneration and social security | 45 | - | €240,701 | +€240,701 | |
| Taxes | 450/3 | - | €240,701 | +€240,701 | |
| Other amounts payable | 47/48 | €8,318,839 | €7,546,432 | -€772,407 | -9.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,103 | €5,520 | +€4,416 | +400% |
| Other operating charges | 640/8 | €117,425 | €2,773 | -€114,652 | -97.6% |
| Gross operating margin | 9900 | €30,621 | €742,335 | +€711,714 | +2,324% |
| Operating profit (loss) | 9901 | -€87,907 | €734,042 | +€821,949 | |
| Financial income | 75/76B | €818,316 | €305,132 | -€513,183 | -62.7% |
| Recurring financial income | 75 | €818,316 | €305,132 | -€513,183 | -62.7% |
| Financial charges | 65/66B | €665,290 | €10,169 | -€655,121 | -98.5% |
| Recurring financial charges | 65 | €665,290 | €10,169 | -€655,121 | -98.5% |
| Profit (loss) for the period before taxes | 9903 | €65,119 | €1,029,006 | +€963,887 | +1,480% |
| Income taxes | 67/77 | €0 | €240,702 | +€240,701 | +66,861,472% |
| Profit (loss) for the period | 9904 | €65,119 | €788,304 | +€723,185 | +1,111% |
| Profit (loss) for the period to be appropriated | 9905 | €65,119 | €788,304 | +€723,185 | +1,111% |
Source: filed annual accounts (NBB), financial years ended 31 August 2024 and 31 August 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.