WARINTHIP: 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.
WARINTHIP
Largest movements
- Receivables within one year -€5,232
down €5,232 (-99.0%), from €5,284 to €52
- Tangible fixed assets -€5,077
down €5,077 (-4.2%), from €119,476 to €114,399
of which Land and buildings: -€7,392
- Cash -€2,272
down €2,272 (-54.4%), from €4,180 to €1,908
mainly Net result for the year (-€8,730) and Investment in fixed assets (net) (-€4,210)
- Profit (loss) carried forward -€8,730
down €8,730 (-84.9%), from -€10,281 to -€19,011
- Tax, wage and social debts -€3,824
down €3,824 (-83.4%), from €4,588 to €763
- Revaluation surpluses -€3,380
down €3,380 (-4.2%), from €81,073 to €77,693
- Reserves +€3,380
up €3,380 (+10.9%), from €30,927 to €34,307
- Gross operating margin +€2,566
up €2,566 (+1,479%), from €173 to €2,739
- Depreciation +€1,504
up €1,504 (+19.3%), from €7,782 to €9,287
- Other operating charges -€573
down €573 (-29.8%), from €1,919 to €1,347
- Financial charges +€57
up €57 (+11.4%), from €497 to €554
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 | €129,557 | €117,158 | -€12,399 | -9.6% |
| Fixed assets | 21/28 | €119,476 | €114,399 | -€5,077 | -4.2% |
| Tangible fixed assets | 22/27 | €119,476 | €114,399 | -€5,077 | -4.2% |
| Land and buildings | 22 | €118,873 | €111,481 | -€7,392 | -6.2% |
| Plant, machinery and equipment | 23 | €603 | €259 | -€344 | -57.0% |
| Furniture and vehicles | 24 | - | €2,659 | +€2,659 | |
| Current assets | 29/58 | €10,081 | €2,759 | -€7,322 | -72.6% |
| Amounts receivable within one year | 40/41 | €5,284 | €52 | -€5,232 | -99.0% |
| Other amounts receivable | 41 | €5,284 | €52 | -€5,232 | -99.0% |
| Cash at bank and in hand | 54/58 | €4,180 | €1,908 | -€2,272 | -54.4% |
| Deferred charges and accrued income | 490/1 | €617 | €799 | +€182 | +29.5% |
| Total equity and liabilities | 10/49 | €129,557 | €117,158 | -€12,399 | -9.6% |
| Equity | 10/15 | €124,689 | €115,959 | -€8,730 | -7.0% |
| Contributions | 10/11 | €22,970 | €22,970 | = | 0.0% |
| Revaluation surpluses | 12 | €81,073 | €77,693 | -€3,380 | -4.2% |
| Reserves | 13 | €30,927 | €34,307 | +€3,380 | +10.9% |
| Distributable reserves | 133 | €30,927 | €34,307 | +€3,380 | +10.9% |
| Profit (loss) carried forward | 14 | -€10,281 | -€19,011 | -€8,730 | -84.9% |
| Amounts payable | 17/49 | €4,868 | €1,199 | -€3,669 | -75.4% |
| Amounts payable within one year | 42/48 | €4,788 | €1,199 | -€3,589 | -75.0% |
| Trade debts | 44 | €200 | €190 | -€10 | -4.8% |
| Suppliers | 440/4 | €200 | €190 | -€10 | -4.8% |
| Taxes, remuneration and social security | 45 | €4,588 | €763 | -€3,824 | -83.4% |
| Taxes | 450/3 | €4,588 | €763 | -€3,824 | -83.4% |
| Other amounts payable | 47/48 | - | €245 | +€245 | |
| Accrued charges and deferred income | 492/3 | €80 | - | -€80 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,782 | €9,287 | +€1,504 | +19.3% |
| Other operating charges | 640/8 | €1,919 | €1,347 | -€573 | -29.8% |
| Gross operating margin | 9900 | €173 | €2,739 | +€2,566 | +1,479% |
| Operating profit (loss) | 9901 | -€9,528 | -€7,894 | +€1,634 | +17.1% |
| Financial charges | 65/66B | €497 | €554 | +€57 | +11.4% |
| Recurring financial charges | 65 | €497 | €554 | +€57 | +11.4% |
| Profit (loss) for the period before taxes | 9903 | -€10,025 | -€8,448 | +€1,577 | +15.7% |
| Income taxes | 67/77 | €256 | €282 | +€26 | +10.1% |
| Profit (loss) for the period | 9904 | -€10,281 | -€8,730 | +€1,551 | +15.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,281 | -€8,730 | +€1,551 | +15.1% |
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 25 October 2026 via checked.be.