WASABI GROUP: 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.
WASABI GROUP
Largest movements
- Cash -€15,394
down €15,394 (-30.5%), from €50,434 to €35,041
mainly Short-term financial debts (-€45,134) and Tax, wage and social debts (-€12,430)
- Receivables within one year -€14,722
down €14,722 (-70.7%), from €20,828 to €6,106
of which Trade receivables: -€10,205
- Intangible fixed assets -€4,669
down €4,669 (-21.5%), from €21,749 to €17,080
- Tangible fixed assets -€4,256
down €4,256 (-61.8%), from €6,888 to €2,631
of which Furniture and vehicles: -€2,173
- Deferred charges and accrued income -€2,134
down €2,134 (-91.4%), from €2,334 to €200
- Short-term financial debts -€45,134
down €45,134 (-100%), from €45,134 to €0
of which Other loans: -€45,000
- Profit (loss) carried forward +€23,196
up €23,196 (+11.3%), from -€204,917 to -€181,721
- Tax, wage and social debts -€12,430
down €12,430 (-84.6%), from €14,690 to €2,259
of which Remuneration and social security: -€12,611
- Debts after one year -€6,526
down €6,526 (-7.3%), from €90,000 to €83,474
- Current portion of long-term debt -€2,394
down €2,394 (-22.8%), from €10,479 to €8,085
- Staff costs -€11,262
down €11,262 (-19.0%), from €59,423 to €48,160
- Gross operating margin -€8,523
down €8,523 (-8.6%), from €98,917 to €90,394
- Other operating charges +€1,643
up €1,643 (+272%), from €605 to €2,248
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 | €109,967 | €68,339 | -€41,628 | -37.9% |
| Fixed assets | 21/28 | €31,187 | €22,261 | -€8,926 | -28.6% |
| Intangible fixed assets | 21 | €21,749 | €17,080 | -€4,669 | -21.5% |
| Tangible fixed assets | 22/27 | €6,888 | €2,631 | -€4,256 | -61.8% |
| Plant, machinery and equipment | 23 | €2,120 | €997 | -€1,122 | -52.9% |
| Furniture and vehicles | 24 | €3,806 | €1,634 | -€2,173 | -57.1% |
| Other tangible fixed assets | 26 | €962 | €0 | -€962 | -100% |
| Financial fixed assets | 28 | €2,550 | €2,550 | = | 0.0% |
| Current assets | 29/58 | €78,780 | €46,078 | -€32,702 | -41.5% |
| Stocks and contracts in progress | 3 | €5,183 | €4,731 | -€451 | -8.7% |
| Stocks | 30/36 | €5,183 | €4,731 | -€451 | -8.7% |
| Amounts receivable within one year | 40/41 | €20,828 | €6,106 | -€14,722 | -70.7% |
| Trade receivables | 40 | €15,838 | €5,632 | -€10,205 | -64.4% |
| Other amounts receivable | 41 | €4,991 | €474 | -€4,517 | -90.5% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €50,434 | €35,041 | -€15,394 | -30.5% |
| Deferred charges and accrued income | 490/1 | €2,334 | €200 | -€2,134 | -91.4% |
| Total equity and liabilities | 10/49 | €109,967 | €68,339 | -€41,628 | -37.9% |
| Equity | 10/15 | -€91,344 | -€68,149 | +€23,196 | +25.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €94,972 | €94,972 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €93,112 | €93,112 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€204,917 | -€181,721 | +€23,196 | +11.3% |
| Amounts payable | 17/49 | €201,311 | €136,488 | -€64,823 | -32.2% |
| Amounts payable after more than one year | 17 | €90,000 | €83,474 | -€6,526 | -7.3% |
| Financial debts | 170/4 | €90,000 | €83,474 | -€6,526 | -7.3% |
| Amounts payable within one year | 42/48 | €103,617 | €45,653 | -€57,964 | -55.9% |
| Current portion of amounts payable after more than one year | 42 | €10,479 | €8,085 | -€2,394 | -22.8% |
| Financial debts | 43 | €45,134 | €0 | -€45,134 | -100% |
| Credit institutions | 430/8 | €134 | €0 | -€134 | -100% |
| Other loans | 439 | €45,000 | €0 | -€45,000 | -100% |
| Trade debts | 44 | €33,315 | €35,309 | +€1,994 | +6.0% |
| Suppliers | 440/4 | €33,315 | €35,309 | +€1,994 | +6.0% |
| Taxes, remuneration and social security | 45 | €14,690 | €2,259 | -€12,430 | -84.6% |
| Taxes | 450/3 | €0 | €180 | +€180 | |
| Remuneration and social security | 454/9 | €14,690 | €2,079 | -€12,611 | -85.8% |
| Accrued charges and deferred income | 492/3 | €7,694 | €7,361 | -€332 | -4.3% |
| Non-recurring operating income | 76A | €0 | €816 | +€816 | |
| Remuneration, social security and pensions | 62 | €59,423 | €48,160 | -€11,262 | -19.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,046 | €8,926 | -€120 | -1.3% |
| Other operating charges | 640/8 | €605 | €2,248 | +€1,643 | +272% |
| Gross operating margin | 9900 | €98,917 | €90,394 | -€8,523 | -8.6% |
| Operating profit (loss) | 9901 | €29,844 | €31,060 | +€1,216 | +4.1% |
| Financial income | 75/76B | €443 | €2 | -€441 | -99.5% |
| Recurring financial income | 75 | €443 | €2 | -€441 | -99.5% |
| Financial charges | 65/66B | €7,038 | €7,709 | +€671 | +9.5% |
| Recurring financial charges | 65 | €7,038 | €7,709 | +€671 | +9.5% |
| Profit (loss) for the period before taxes | 9903 | €23,249 | €23,353 | +€104 | +0.4% |
| Income taxes | 67/77 | - | €158 | +€158 | |
| Profit (loss) for the period | 9904 | €23,249 | €23,196 | -€53 | -0.2% |
| Profit (loss) for the period to be appropriated | 9905 | €23,249 | €23,196 | -€53 | -0.2% |
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 22 October 2026 via checked.be.