WARDIT: 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.
WARDIT
Largest movements
- Cash -€46,608
down €46,608 (-61.8%), from €75,415 to €28,807
mainly Contributions, distributions and other (-€45,197) and Receivables within one year (-€31,540)
- Receivables within one year +€31,540
up €31,540 (+152.0%), from €20,749 to €52,289
of which Trade receivables: +€16,898
- Tangible fixed assets +€2,985
up €2,985 (+106.6%), from €2,801 to €5,786
of which Plant, machinery and equipment: +€2,468
- Profit (loss) carried forward -€15,169
no longer reported in 2025 (was €15,169)
- Tax, wage and social debts +€2,917
up €2,917 (+20.1%), from €14,515 to €17,432
- Trade debts +€1,074
up €1,074 (+240.3%), from €447 to €1,521
- Gross operating margin -€4,492
down €4,492 (-9.3%), from €48,095 to €43,603
- Taxes -€3,740
down €3,740 (-28.0%), from €13,350 to €9,611
- Other operating charges +€1,739
up €1,739 (+452.5%), from €384 to €2,124
- Financial charges +€1,087
up €1,087 (+1169.8%), from €93 to €1,180
- Financial income +€721
up €721 (+292.0%), from €247 to €968
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 | €99,713 | €88,194 | -€11,519 | -11.6% |
| Fixed assets | 21/28 | €2,801 | €5,786 | +€2,985 | +106.6% |
| Tangible fixed assets | 22/27 | €2,801 | €5,786 | +€2,985 | +106.6% |
| Plant, machinery and equipment | 23 | €1,253 | €3,721 | +€2,468 | +197.0% |
| Furniture and vehicles | 24 | €1,549 | €2,065 | +€517 | +33.4% |
| Current assets | 29/58 | €96,912 | €82,408 | -€14,504 | -15.0% |
| Amounts receivable within one year | 40/41 | €20,749 | €52,289 | +€31,540 | +152.0% |
| Trade receivables | 40 | €16,898 | €33,795 | +€16,898 | +100.0% |
| Other amounts receivable | 41 | €3,852 | €18,493 | +€14,642 | +380.2% |
| Cash at bank and in hand | 54/58 | €75,415 | €28,807 | -€46,608 | -61.8% |
| Deferred charges and accrued income | 490/1 | €748 | €1,312 | +€564 | +75.4% |
| Total equity and liabilities | 10/49 | €99,713 | €88,194 | -€11,519 | -11.6% |
| Equity | 10/15 | €82,669 | €67,500 | -€15,169 | -18.3% |
| Contributions | 10/11 | €3,500 | €3,500 | = | 0.0% |
| Reserves | 13 | €64,000 | €64,000 | = | 0.0% |
| Distributable reserves | 133 | €64,000 | €64,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €15,169 | - | -€15,169 | |
| Amounts payable | 17/49 | €17,044 | €20,694 | +€3,650 | +21.4% |
| Amounts payable within one year | 42/48 | €14,962 | €19,313 | +€4,351 | +29.1% |
| Trade debts | 44 | €447 | €1,521 | +€1,074 | +240.3% |
| Suppliers | 440/4 | €447 | €1,521 | +€1,074 | +240.3% |
| Taxes, remuneration and social security | 45 | €14,515 | €17,432 | +€2,917 | +20.1% |
| Taxes | 450/3 | €14,515 | €17,432 | +€2,917 | +20.1% |
| Other amounts payable | 47/48 | - | €359 | +€359 | |
| Accrued charges and deferred income | 492/3 | €2,082 | €1,381 | -€701 | -33.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,260 | €1,629 | +€369 | +29.2% |
| Other operating charges | 640/8 | €384 | €2,124 | +€1,739 | +452.5% |
| Gross operating margin | 9900 | €48,095 | €43,603 | -€4,492 | -9.3% |
| Operating profit (loss) | 9901 | €46,450 | €39,850 | -€6,600 | -14.2% |
| Financial income | 75/76B | €247 | €968 | +€721 | +292.0% |
| Recurring financial income | 75 | €247 | €968 | +€721 | +292.0% |
| Financial charges | 65/66B | €93 | €1,180 | +€1,087 | +1169.8% |
| Recurring financial charges | 65 | €93 | €1,180 | +€1,087 | +1169.8% |
| Profit (loss) for the period before taxes | 9903 | €46,604 | €39,638 | -€6,966 | -14.9% |
| Income taxes | 67/77 | €13,350 | €9,611 | -€3,740 | -28.0% |
| Profit (loss) for the period | 9904 | €33,254 | €30,028 | -€3,226 | -9.7% |
| Profit (loss) for the period to be appropriated | 9905 | €33,254 | €30,028 | -€3,226 | -9.7% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.