WARID: 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.
WARID
Largest movements
- Receivables within one year -€30,120
down €30,120 (-29.8%), from €100,952 to €70,832
of which Other amounts receivable: -€21,759
- Cash +€13,165
up €13,165 (+784.0%), from €1,679 to €14,845
mainly Receivables within one year (+€30,120) and Trade debts (+€22,428)
- Tangible fixed assets -€6,196
down €6,196 (-26.3%), from €23,569 to €17,373
of which Other tangible fixed assets: -€4,647
- Other debts -€37,000
no longer reported in 2024 (was €37,000)
- Trade debts +€22,428
up €22,428 (+271.7%), from €8,254 to €30,682
- Debts after one year -€8,313
down €8,313 (-42.4%), from €19,608 to €11,295
- Tax, wage and social debts -€3,691
down €3,691 (-55.5%), from €6,649 to €2,958
- Reserves +€3,426
up €3,426 (+11.3%), from €30,276 to €33,702
of which Distributable reserves: +€3,426
- Turnover -€208,889
no longer reported in 2024 (was €208,889)
- Purchases and services -€195,406
no longer reported in 2024 (was €195,406)
- Depreciation +€3,963
up €3,963 (+116.6%), from €3,400 to €7,363
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €128,700 | €105,550 | -€23,150 | -18.0% |
| Fixed assets | 21/28 | €23,569 | €17,373 | -€6,196 | -26.3% |
| Tangible fixed assets | 22/27 | €23,569 | €17,373 | -€6,196 | -26.3% |
| Plant, machinery and equipment | 23 | €2,267 | €1,010 | -€1,258 | -55.5% |
| Furniture and vehicles | 24 | €898 | €606 | -€291 | -32.4% |
| Other tangible fixed assets | 26 | €20,404 | €15,757 | -€4,647 | -22.8% |
| Current assets | 29/58 | €105,132 | €88,177 | -€16,955 | -16.1% |
| Stocks and contracts in progress | 3 | €2,500 | €2,500 | = | 0.0% |
| Stocks | 30/36 | €2,500 | €2,500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €100,952 | €70,832 | -€30,120 | -29.8% |
| Trade receivables | 40 | €45,317 | €36,956 | -€8,361 | -18.5% |
| Other amounts receivable | 41 | €55,635 | €33,877 | -€21,759 | -39.1% |
| Cash at bank and in hand | 54/58 | €1,679 | €14,845 | +€13,165 | +784.0% |
| Total equity and liabilities | 10/49 | €128,700 | €105,550 | -€23,150 | -18.0% |
| Equity | 10/15 | €48,876 | €52,302 | +€3,426 | +7.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | - | -€18,600 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Reserves | 13 | €30,276 | €33,702 | +€3,426 | +11.3% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | - | €1,860 | +€1,860 | |
| Distributable reserves | 133 | €28,416 | €31,842 | +€3,426 | +12.1% |
| Amounts payable | 17/49 | €79,824 | €53,248 | -€26,577 | -33.3% |
| Amounts payable after more than one year | 17 | €19,608 | €11,295 | -€8,313 | -42.4% |
| Financial debts | 170/4 | €19,608 | €11,295 | -€8,313 | -42.4% |
| Amounts payable within one year | 42/48 | €60,216 | €41,953 | -€18,263 | -30.3% |
| Current portion of amounts payable after more than one year | 42 | €8,313 | €8,313 | = | 0.0% |
| Trade debts | 44 | €8,254 | €30,682 | +€22,428 | +271.7% |
| Suppliers | 440/4 | €8,254 | €30,682 | +€22,428 | +271.7% |
| Taxes, remuneration and social security | 45 | €6,649 | €2,958 | -€3,691 | -55.5% |
| Taxes | 450/3 | €6,649 | €2,958 | -€3,691 | -55.5% |
| Other amounts payable | 47/48 | €37,000 | - | -€37,000 | |
| Turnover | 70 | €208,889 | - | -€208,889 | |
| Goods, raw materials, services and sundry goods | 60/61 | €195,406 | - | -€195,406 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,400 | €7,363 | +€3,963 | +116.6% |
| Other operating charges | 640/8 | €3,494 | €2,341 | -€1,153 | -33.0% |
| Gross operating margin | 9900 | €13,483 | €14,778 | +€1,295 | +9.6% |
| Operating profit (loss) | 9901 | €6,589 | €5,075 | -€1,514 | -23.0% |
| Financial charges | 65/66B | €566 | €470 | -€96 | -16.9% |
| Recurring financial charges | 65 | €566 | €470 | -€96 | -16.9% |
| Profit (loss) for the period before taxes | 9903 | €6,023 | €4,605 | -€1,419 | -23.6% |
| Income taxes | 67/77 | €1,727 | €1,178 | -€549 | -31.8% |
| Profit (loss) for the period | 9904 | €4,296 | €3,426 | -€870 | -20.3% |
| Profit (loss) for the period to be appropriated | 9905 | €4,296 | €3,426 | -€870 | -20.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.