WASA BELGIUM: 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.
WASA BELGIUM
Largest movements
- Cash -€17,593
down €17,593 (-81.9%), from €21,472 to €3,879
mainly Net result for the year (-€16,598) and Stocks and contracts (-€8,412)
- Stocks and contracts +€8,412
new in 2025: €8,412
- Receivables within one year -€6,442
down €6,442 (-54.9%), from €11,726 to €5,283
of which Trade receivables: -€8,000
- Profit (loss) carried forward -€16,598
down €16,598, from €11,190 to -€5,408
- Other debts +€5,181
up €5,181 (+1,067%), from €486 to €5,667
- Trade debts -€4,206
down €4,206 (-31.8%), from €13,228 to €9,022
- Gross operating margin -€31,623
down €31,623, from €15,593 to -€16,030
- Taxes -€3,293
down €3,293 (-100%), from €3,293 to €0
- Other operating charges -€320
down €320 (-29.1%), from €1,100 to €780
- Financial income +€243
up €243 (+3,211%), from €8 to €251
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 | €33,197 | €17,574 | -€15,623 | -47.1% |
| Current assets | 29/58 | €33,197 | €17,574 | -€15,623 | -47.1% |
| Stocks and contracts in progress | 3 | - | €8,412 | +€8,412 | |
| Stocks | 30/36 | - | €8,412 | +€8,412 | |
| Amounts receivable within one year | 40/41 | €11,726 | €5,283 | -€6,442 | -54.9% |
| Trade receivables | 40 | €8,000 | €0 | -€8,000 | -100% |
| Other amounts receivable | 41 | €3,726 | €5,283 | +€1,558 | +41.8% |
| Cash at bank and in hand | 54/58 | €21,472 | €3,879 | -€17,593 | -81.9% |
| Total equity and liabilities | 10/49 | €33,197 | €17,574 | -€15,623 | -47.1% |
| Equity | 10/15 | €16,190 | -€408 | -€16,598 | |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,190 | -€5,408 | -€16,598 | |
| Amounts payable | 17/49 | €17,007 | €17,982 | +€975 | +5.7% |
| Amounts payable within one year | 42/48 | €17,007 | €17,982 | +€975 | +5.7% |
| Trade debts | 44 | €13,228 | €9,022 | -€4,206 | -31.8% |
| Suppliers | 440/4 | €13,228 | €9,022 | -€4,206 | -31.8% |
| Taxes, remuneration and social security | 45 | €3,293 | €3,293 | = | 0.0% |
| Taxes | 450/3 | €3,293 | €3,293 | = | 0.0% |
| Other amounts payable | 47/48 | €486 | €5,667 | +€5,181 | +1,067% |
| Other operating charges | 640/8 | €1,100 | €780 | -€320 | -29.1% |
| Gross operating margin | 9900 | €15,593 | -€16,030 | -€31,623 | |
| Operating profit (loss) | 9901 | €14,493 | -€16,810 | -€31,303 | |
| Financial income | 75/76B | €8 | €251 | +€243 | +3,211% |
| Recurring financial income | 75 | €8 | €251 | +€243 | +3,211% |
| Financial charges | 65/66B | - | €39 | +€39 | |
| Recurring financial charges | 65 | - | €39 | +€39 | |
| Profit (loss) for the period before taxes | 9903 | €14,501 | -€16,598 | -€31,099 | |
| Income taxes | 67/77 | €3,293 | €0 | -€3,293 | -100% |
| Profit (loss) for the period | 9904 | €11,208 | -€16,598 | -€27,806 | |
| Profit (loss) for the period to be appropriated | 9905 | €11,208 | -€16,598 | -€27,806 |
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 20 October 2026 via checked.be.