WARE*EVER: 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.
WARE*EVER
Largest movements
- Receivables within one year +€74,011
up €74,011 (+84.5%), from €87,577 to €161,588
of which Trade receivables: +€73,931
- Cash -€50,591
down €50,591 (-40.0%), from €126,384 to €75,793
mainly Receivables within one year (-€74,011) and Contributions, distributions and other (-€48,581)
- Tangible fixed assets +€16,191
up €16,191 (+562.6%), from €2,878 to €19,069
- Stocks and contracts +€15,557
up €15,557 (+62.6%), from €24,865 to €40,422
- Current investments +€10,000
up €10,000 (+12.5%), from €80,000 to €90,000
- Reserves +€25,260
up €25,260 (+11.0%), from €229,568 to €254,828
of which Distributable reserves: +€25,260
- Trade debts +€20,452
up €20,452 (+415.5%), from €4,922 to €25,374
- Tax, wage and social debts +€18,372
up €18,372 (+98.7%), from €18,605 to €36,977
- Other debts +€6,717
up €6,717 (+101.6%), from €6,609 to €13,326
- Gross operating margin +€29,350
up €29,350 (+42.6%), from €68,878 to €98,228
- Taxes +€7,549
up €7,549 (+44.4%), from €17,003 to €24,552
- Financial income +€4,429
up €4,429 (+208.6%), from €2,123 to €6,552
- Depreciation +€2,214
up €2,214 (+102.4%), from €2,163 to €4,377
- Write-downs -€2,101
down €2,101, from €1,397 to -€704
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 | €321,704 | €392,505 | +€70,801 | +22.0% |
| Fixed assets | 21/28 | €2,878 | €19,069 | +€16,191 | +562.6% |
| Tangible fixed assets | 22/27 | €2,878 | €19,069 | +€16,191 | +562.6% |
| Furniture and vehicles | 24 | €2,878 | €19,069 | +€16,191 | +562.6% |
| Current assets | 29/58 | €318,826 | €373,436 | +€54,609 | +17.1% |
| Stocks and contracts in progress | 3 | €24,865 | €40,422 | +€15,557 | +62.6% |
| Stocks | 30/36 | €24,865 | €40,422 | +€15,557 | +62.6% |
| Amounts receivable within one year | 40/41 | €87,577 | €161,588 | +€74,011 | +84.5% |
| Trade receivables | 40 | €87,577 | €161,508 | +€73,931 | +84.4% |
| Other amounts receivable | 41 | - | €81 | +€81 | |
| Current investments | 50/53 | €80,000 | €90,000 | +€10,000 | +12.5% |
| Cash at bank and in hand | 54/58 | €126,384 | €75,793 | -€50,591 | -40.0% |
| Deferred charges and accrued income | 490/1 | - | €5,633 | +€5,633 | |
| Total equity and liabilities | 10/49 | €321,704 | €392,505 | +€70,801 | +22.0% |
| Equity | 10/15 | €291,568 | €316,828 | +€25,260 | +8.7% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €229,568 | €254,828 | +€25,260 | +11.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €223,368 | €248,628 | +€25,260 | +11.3% |
| Amounts payable | 17/49 | €30,136 | €75,677 | +€45,541 | +151.1% |
| Amounts payable within one year | 42/48 | €30,136 | €75,677 | +€45,541 | +151.1% |
| Trade debts | 44 | €4,922 | €25,374 | +€20,452 | +415.5% |
| Suppliers | 440/4 | €4,922 | €25,374 | +€20,452 | +415.5% |
| Taxes, remuneration and social security | 45 | €18,605 | €36,977 | +€18,372 | +98.7% |
| Taxes | 450/3 | €18,605 | €36,977 | +€18,372 | +98.7% |
| Other amounts payable | 47/48 | €6,609 | €13,326 | +€6,717 | +101.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,163 | €4,377 | +€2,214 | +102.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,397 | -€704 | -€2,101 | |
| Other operating charges | 640/8 | €1,144 | €2,062 | +€918 | +80.2% |
| Gross operating margin | 9900 | €68,878 | €98,228 | +€29,350 | +42.6% |
| Operating profit (loss) | 9901 | €64,175 | €92,494 | +€28,319 | +44.1% |
| Financial income | 75/76B | €2,123 | €6,552 | +€4,429 | +208.6% |
| Recurring financial income | 75 | €2,123 | €6,552 | +€4,429 | +208.6% |
| Financial charges | 65/66B | €153 | €653 | +€500 | +326.9% |
| Recurring financial charges | 65 | €153 | €653 | +€500 | +326.9% |
| Profit (loss) for the period before taxes | 9903 | €66,145 | €98,393 | +€32,248 | +48.8% |
| Income taxes | 67/77 | €17,003 | €24,552 | +€7,549 | +44.4% |
| Profit (loss) for the period | 9904 | €49,142 | €73,841 | +€24,699 | +50.3% |
| Profit (loss) for the period to be appropriated | 9905 | €49,142 | €73,841 | +€24,699 | +50.3% |
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 1 October 2026 via checked.be.