WARO: 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.
WARO
Largest movements
- Receivables within one year +€42,265
up €42,265 (+65.1%), from €64,941 to €107,206
of which Trade receivables: +€73,508
- Cash +€5,310
up €5,310 (+230%), from €2,305 to €7,615
mainly Net result for the year (+€43,998) and Trade debts (+€3,318)
- Profit (loss) carried forward +€43,998
up €43,998 (+41,270%), from €107 to €44,104
- Trade debts +€3,318
up €3,318 (+12.0%), from €27,667 to €30,985
- Tax, wage and social debts +€2,789
up €2,789 (+45.0%), from €6,196 to €8,985
of which Remuneration and social security: +€1,971
- Other debts -€2,530
down €2,530 (-9.1%), from €27,777 to €25,247
- Gross operating margin +€36,807
up €36,807 (+446%), from €8,255 to €45,062
- Taxes -€3,325
down €3,325, from €3,300 to -€25
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 | €67,246 | €114,821 | +€47,575 | +70.7% |
| Current assets | 29/58 | €67,246 | €114,821 | +€47,575 | +70.7% |
| Amounts receivable within one year | 40/41 | €64,941 | €107,206 | +€42,265 | +65.1% |
| Trade receivables | 40 | €33,699 | €107,206 | +€73,508 | +218% |
| Other amounts receivable | 41 | €31,243 | - | -€31,243 | |
| Cash at bank and in hand | 54/58 | €2,305 | €7,615 | +€5,310 | +230% |
| Total equity and liabilities | 10/49 | €67,246 | €114,821 | +€47,575 | +70.7% |
| Equity | 10/15 | €5,607 | €49,604 | +€43,998 | +785% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €3,500 | €3,500 | = | 0.0% |
| Distributable reserves | 133 | €3,500 | €3,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €107 | €44,104 | +€43,998 | +41,270% |
| Amounts payable | 17/49 | €61,639 | €65,216 | +€3,577 | +5.8% |
| Amounts payable within one year | 42/48 | €61,639 | €65,216 | +€3,577 | +5.8% |
| Trade debts | 44 | €27,667 | €30,985 | +€3,318 | +12.0% |
| Suppliers | 440/4 | €27,667 | €30,985 | +€3,318 | +12.0% |
| Taxes, remuneration and social security | 45 | €6,196 | €8,985 | +€2,789 | +45.0% |
| Taxes | 450/3 | €5,401 | €6,219 | +€818 | +15.1% |
| Remuneration and social security | 454/9 | €796 | €2,766 | +€1,971 | +248% |
| Other amounts payable | 47/48 | €27,777 | €25,247 | -€2,530 | -9.1% |
| Other operating charges | 640/8 | €1,259 | €855 | -€405 | -32.1% |
| Gross operating margin | 9900 | €8,255 | €45,062 | +€36,807 | +446% |
| Operating profit (loss) | 9901 | €6,996 | €44,207 | +€37,212 | +532% |
| Financial charges | 65/66B | €89 | €235 | +€146 | +163% |
| Recurring financial charges | 65 | €89 | €235 | +€146 | +163% |
| Profit (loss) for the period before taxes | 9903 | €6,907 | €43,973 | +€37,066 | +537% |
| Income taxes | 67/77 | €3,300 | -€25 | -€3,325 | |
| Profit (loss) for the period | 9904 | €3,607 | €43,998 | +€40,391 | +1,120% |
| Profit (loss) for the period to be appropriated | 9905 | €3,607 | €43,998 | +€40,391 | +1,120% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.