WARMOES & NETWORKS: 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.
WARMOES & NETWORKS
Largest movements
- Tangible fixed assets -€7,968
down €7,968 (-36.4%), from €21,874 to €13,907
of which Furniture and vehicles: -€11,105
- Cash +€6,783
up €6,783 (+505%), from €1,342 to €8,126
mainly Net result for the year (+€16,241) and Depreciation (+€15,167)
- Receivables within one year +€4,707
up €4,707 (+80.9%), from €5,815 to €10,523
of which Trade receivables: +€6,050
- Deferred charges and accrued income -€797
down €797 (-64.3%), from €1,240 to €443
- Profit (loss) carried forward +€16,241
up €16,241 (+0.8%), from -€1.9m to -€1.9m
- Other debts -€13,610
down €13,610 (-51.4%), from €26,456 to €12,846
- Gross operating margin +€49,348
up €49,348, from -€12,923 to €36,425
- Depreciation -€7,625
down €7,625 (-33.5%), from €22,792 to €15,167
- Other operating charges +€451
up €451 (+10.8%), from €4,177 to €4,628
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 | €30,458 | €33,184 | +€2,726 | +8.9% |
| Fixed assets | 21/28 | €22,060 | €14,093 | -€7,968 | -36.1% |
| Tangible fixed assets | 22/27 | €21,874 | €13,907 | -€7,968 | -36.4% |
| Land and buildings | 22 | €440 | €0 | -€440 | -100% |
| Plant, machinery and equipment | 23 | €8,808 | €9,472 | +€663 | +7.5% |
| Furniture and vehicles | 24 | €12,626 | €1,521 | -€11,105 | -88.0% |
| Other tangible fixed assets | 26 | - | €2,914 | +€2,914 | |
| Financial fixed assets | 28 | €186 | €186 | = | 0.0% |
| Current assets | 29/58 | €8,397 | €19,091 | +€10,694 | +127% |
| Amounts receivable within one year | 40/41 | €5,815 | €10,523 | +€4,707 | +80.9% |
| Trade receivables | 40 | €3,025 | €9,075 | +€6,050 | +200% |
| Other amounts receivable | 41 | €2,790 | €1,448 | -€1,343 | -48.1% |
| Cash at bank and in hand | 54/58 | €1,342 | €8,126 | +€6,783 | +505% |
| Deferred charges and accrued income | 490/1 | €1,240 | €443 | -€797 | -64.3% |
| Total equity and liabilities | 10/49 | €30,458 | €33,184 | +€2,726 | +8.9% |
| Equity | 10/15 | -€1,117,013 | -€1,100,772 | +€16,241 | +1.5% |
| Contributions | 10/11 | €769,901 | €769,901 | = | 0.0% |
| Reserves | 13 | €29,019 | €29,019 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €29,019 | €29,019 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,915,933 | -€1,899,692 | +€16,241 | +0.8% |
| Amounts payable | 17/49 | €1,147,471 | €1,133,956 | -€13,515 | -1.2% |
| Amounts payable after more than one year | 17 | €1,120,000 | €1,120,040 | +€40 | 0.0% |
| Financial debts | 170/4 | €820,000 | €0 | -€820,000 | -100% |
| Other amounts payable | 178/9 | €300,000 | €1,120,040 | +€820,040 | +273% |
| Amounts payable within one year | 42/48 | €26,923 | €13,626 | -€13,298 | -49.4% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €346 | €601 | +€256 | +74.0% |
| Suppliers | 440/4 | €346 | €601 | +€256 | +74.0% |
| Taxes, remuneration and social security | 45 | €122 | €178 | +€57 | +46.5% |
| Taxes | 450/3 | €122 | €178 | +€57 | +46.5% |
| Other amounts payable | 47/48 | €26,456 | €12,846 | -€13,610 | -51.4% |
| Accrued charges and deferred income | 492/3 | €547 | €290 | -€257 | -47.0% |
| Remuneration, social security and pensions | 62 | €95 | €0 | -€95 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,792 | €15,167 | -€7,625 | -33.5% |
| Other operating charges | 640/8 | €4,177 | €4,628 | +€451 | +10.8% |
| Non-recurring operating charges | 66A | €898 | €0 | -€898 | -100% |
| Gross operating margin | 9900 | -€12,923 | €36,425 | +€49,348 | |
| Operating profit (loss) | 9901 | -€40,884 | €16,631 | +€57,515 | |
| Financial income | 75/76B | €9 | €0 | -€9 | -100% |
| Recurring financial income | 75 | €9 | €0 | -€9 | -100% |
| Financial charges | 65/66B | €168 | €212 | +€44 | +26.3% |
| Recurring financial charges | 65 | €168 | €212 | +€44 | +26.3% |
| Profit (loss) for the period before taxes | 9903 | -€41,043 | €16,419 | +€57,463 | |
| Income taxes | 67/77 | €122 | €178 | +€57 | +46.5% |
| Profit (loss) for the period | 9904 | -€41,165 | €16,241 | +€57,406 | |
| Profit (loss) for the period to be appropriated | 9905 | -€41,165 | €16,241 | +€57,406 |
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 1 November 2026 via checked.be.