WASAM: what changed
Two fiscal 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.
WASAM
Largest movements
- Cash +€136,586
up €136,586 (+201.1%), from €67,924 to €204,510
mainly Net result for the year (+€116,206) and Depreciation (+€14,953)
- Tangible fixed assets -€8,341
down €8,341 (-22.0%), from €37,832 to €29,491
of which Furniture and vehicles: -€7,119
- Profit (loss) carried forward +€116,206
up €116,206 (+87.8%), from €132,300 to €248,506
- Tax, wage and social debts +€12,777
up €12,777 (+56.4%), from €22,665 to €35,442
- Gross operating margin +€48,260
up €48,260 (+40.9%), from €117,956 to €166,216
- Taxes +€12,841
up €12,841 (+56.7%), from €22,665 to €35,506
- Depreciation +€8,743
up €8,743 (+140.8%), from €6,210 to €14,953
From the 2025 result to the 2026 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.
Cash bridge derived
Derived from the 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €157,242 | €286,225 | +€128,983 | +82.0% |
| Fixed assets | 21/28 | €37,832 | €29,491 | -€8,341 | -22.0% |
| Tangible fixed assets | 22/27 | €37,832 | €29,491 | -€8,341 | -22.0% |
| Plant, machinery and equipment | 23 | €1,851 | €629 | -€1,222 | -66.0% |
| Furniture and vehicles | 24 | €35,982 | €28,862 | -€7,119 | -19.8% |
| Current assets | 29/58 | €119,410 | €256,734 | +€137,324 | +115.0% |
| Amounts receivable within one year | 40/41 | €16,360 | €18,143 | +€1,784 | +10.9% |
| Trade receivables | 40 | €15,926 | €18,143 | +€2,217 | +13.9% |
| Other amounts receivable | 41 | €434 | €0 | -€434 | -100.0% |
| Current investments | 50/53 | €30,000 | €29,805 | -€195 | -0.7% |
| Cash at bank and in hand | 54/58 | €67,924 | €204,510 | +€136,586 | +201.1% |
| Deferred charges and accrued income | 490/1 | €5,126 | €4,275 | -€851 | -16.6% |
| Total equity and liabilities | 10/49 | €157,242 | €286,225 | +€128,983 | +82.0% |
| Equity | 10/15 | €134,300 | €250,506 | +€116,206 | +86.5% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €132,300 | €248,506 | +€116,206 | +87.8% |
| Amounts payable | 17/49 | €22,942 | €35,719 | +€12,777 | +55.7% |
| Amounts payable within one year | 42/48 | €22,942 | €35,719 | +€12,777 | +55.7% |
| Trade debts | 44 | €277 | €0 | -€277 | -100.0% |
| Suppliers | 440/4 | €277 | €0 | -€277 | -100.0% |
| Taxes, remuneration and social security | 45 | €22,665 | €35,442 | +€12,777 | +56.4% |
| Taxes | 450/3 | €22,665 | €35,442 | +€12,777 | +56.4% |
| Other amounts payable | 47/48 | - | €277 | +€277 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,210 | €14,953 | +€8,743 | +140.8% |
| Other operating charges | 640/8 | €364 | €287 | -€77 | -21.1% |
| Non-recurring operating charges | 66A | €5,612 | €0 | -€5,612 | -100.0% |
| Gross operating margin | 9900 | €117,956 | €166,216 | +€48,260 | +40.9% |
| Operating profit (loss) | 9901 | €105,771 | €150,976 | +€45,205 | +42.7% |
| Financial income | 75/76B | €71 | €1,034 | +€963 | +1365.0% |
| Recurring financial income | 75 | €71 | €1,034 | +€963 | +1365.0% |
| Financial charges | 65/66B | €97 | €299 | +€201 | +206.7% |
| Recurring financial charges | 65 | €97 | €299 | +€201 | +206.7% |
| Profit (loss) for the period before taxes | 9903 | €105,744 | €151,712 | +€45,967 | +43.5% |
| Income taxes | 67/77 | €22,665 | €35,506 | +€12,841 | +56.7% |
| Profit (loss) for the period | 9904 | €83,079 | €116,206 | +€33,126 | +39.9% |
| Profit (loss) for the period to be appropriated | 9905 | €83,079 | €116,206 | +€33,126 | +39.9% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2025 and 30 June 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.