WARET MEDICAL: 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.
WARET MEDICAL
Largest movements
- Current investments -€29,817
down €29,817 (-95.4%), from €31,267 to €1,451
- Cash +€25,138
up €25,138 (+20.2%), from €124,519 to €149,658
mainly Current investments (+€29,817) and Receivables within one year (+€21,013)
- Receivables within one year -€21,013
no longer reported in 2025 (was €21,013)
- Tangible fixed assets +€2,557
up €2,557 (+131%), from €1,952 to €4,509
of which Furniture and vehicles: +€2,727
- Reserves -€26,301
down €26,301 (-21.6%), from €121,541 to €95,240
of which Distributable reserves: -€26,301
- Tax, wage and social debts -€7,229
down €7,229 (-39.3%), from €18,391 to €11,162
of which Taxes: -€5,885
- Other debts +€5,867
new in 2025: €5,867
- Trade debts +€4,804
up €4,804 (+301%), from €1,596 to €6,399
- Turnover -€99,980
no longer reported in 2025 (was €99,980)
- Purchases and services -€75,444
no longer reported in 2025 (was €75,444)
- Gross operating margin -€22,660
down €22,660 (-87.9%), from €25,782 to €3,123
- Taxes -€6,530
down €6,530 (-79.2%), from €8,245 to €1,715
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 | €178,777 | €155,643 | -€23,134 | -12.9% |
| Fixed assets | 21/28 | €1,977 | €4,534 | +€2,557 | +129% |
| Tangible fixed assets | 22/27 | €1,952 | €4,509 | +€2,557 | +131% |
| Land and buildings | 22 | - | €679 | +€679 | |
| Plant, machinery and equipment | 23 | €849 | - | -€849 | |
| Furniture and vehicles | 24 | €1,103 | €3,830 | +€2,727 | +247% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €176,800 | €151,108 | -€25,691 | -14.5% |
| Amounts receivable within one year | 40/41 | €21,013 | - | -€21,013 | |
| Other amounts receivable | 41 | €21,013 | - | -€21,013 | |
| Current investments | 50/53 | €31,267 | €1,451 | -€29,817 | -95.4% |
| Cash at bank and in hand | 54/58 | €124,519 | €149,658 | +€25,138 | +20.2% |
| Total equity and liabilities | 10/49 | €178,777 | €155,643 | -€23,134 | -12.9% |
| Equity | 10/15 | €158,790 | €132,214 | -€26,576 | -16.7% |
| Contributions | 10/11 | €12,397 | €12,397 | -€0 | 0.0% |
| Capital | 10 | €12,397 | €12,397 | -€0 | 0.0% |
| Issued capital | 100 | €18,592 | €18,592 | = | 0.0% |
| Uncalled capital | 101 | €6,195 | €6,195 | +€0 | 0.0% |
| Reserves | 13 | €121,541 | €95,240 | -€26,301 | -21.6% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | -€0 | 0.0% |
| Legal reserve | 130 | €1,859 | €1,859 | -€0 | 0.0% |
| Distributable reserves | 133 | €119,682 | €93,381 | -€26,301 | -22.0% |
| Profit (loss) carried forward | 14 | €24,851 | €24,577 | -€274 | -1.1% |
| Amounts payable | 17/49 | €19,987 | €23,428 | +€3,442 | +17.2% |
| Amounts payable within one year | 42/48 | €19,987 | €23,428 | +€3,442 | +17.2% |
| Trade debts | 44 | €1,596 | €6,399 | +€4,804 | +301% |
| Suppliers | 440/4 | €1,596 | €6,399 | +€4,804 | +301% |
| Taxes, remuneration and social security | 45 | €18,391 | €11,162 | -€7,229 | -39.3% |
| Taxes | 450/3 | €17,047 | €11,162 | -€5,885 | -34.5% |
| Remuneration and social security | 454/9 | €1,344 | - | -€1,344 | |
| Other amounts payable | 47/48 | - | €5,867 | +€5,867 | |
| Turnover | 70 | €99,980 | - | -€99,980 | |
| Goods, raw materials, services and sundry goods | 60/61 | €75,444 | - | -€75,444 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €559 | €1,509 | +€950 | +170% |
| Other operating charges | 640/8 | €687 | - | -€687 | |
| Gross operating margin | 9900 | €25,782 | €3,123 | -€22,660 | -87.9% |
| Operating profit (loss) | 9901 | €24,536 | €1,613 | -€22,923 | -93.4% |
| Financial income | 75/76B | €334 | €359 | +€26 | +7.6% |
| Recurring financial income | 75 | €334 | €359 | +€26 | +7.6% |
| Financial charges | 65/66B | €377 | €531 | +€154 | +40.8% |
| Recurring financial charges | 65 | €377 | €531 | +€154 | +40.8% |
| Non-recurring financial charges | 66B | - | €531 | +€531 | |
| Profit (loss) for the period before taxes | 9903 | €24,492 | €1,441 | -€23,051 | -94.1% |
| Income taxes | 67/77 | €8,245 | €1,715 | -€6,530 | -79.2% |
| Profit (loss) for the period | 9904 | €16,247 | -€274 | -€16,521 | |
| Profit (loss) for the period to be appropriated | 9905 | €16,247 | -€274 | -€16,521 |
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 28 October 2026 via checked.be.