WASC: 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.
WASC
Largest movements
- Tangible fixed assets -€13,403
down €13,403 (-61.3%), from €21,848 to €8,444
of which Other tangible fixed assets: -€10,090
- Receivables within one year +€9,753
up €9,753 (+31.2%), from €31,248 to €41,000
of which Other amounts receivable: +€10,571
- Cash +€6,888
up €6,888 (+26.0%), from €26,541 to €33,429
mainly Depreciation (+€13,853) and Trade debts (+€5,160)
- Trade debts +€5,160
up €5,160 (+1198.4%), from €431 to €5,590
- Gross operating margin -€8,554
down €8,554 (-9.4%), from €91,423 to €82,869
- Staff costs +€6,392
up €6,392 (+11.6%), from €55,311 to €61,703
- Other operating charges +€2,618
up €2,618 (+117.6%), from €2,226 to €4,844
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.
Cash bridge derived
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 | €81,575 | €86,135 | +€4,560 | +5.6% |
| Fixed assets | 21/28 | €21,848 | €9,244 | -€12,603 | -57.7% |
| Tangible fixed assets | 22/27 | €21,848 | €8,444 | -€13,403 | -61.3% |
| Land and buildings | 22 | €0 | - | = | |
| Plant, machinery and equipment | 23 | €7,554 | €4,240 | -€3,313 | -43.9% |
| Other tangible fixed assets | 26 | €14,294 | €4,204 | -€10,090 | -70.6% |
| Financial fixed assets | 28 | - | €800 | +€800 | |
| Current assets | 29/58 | €59,728 | €76,891 | +€17,163 | +28.7% |
| Amounts receivable within one year | 40/41 | €31,248 | €41,000 | +€9,753 | +31.2% |
| Trade receivables | 40 | €3,938 | €3,119 | -€818 | -20.8% |
| Other amounts receivable | 41 | €27,310 | €37,881 | +€10,571 | +38.7% |
| Cash at bank and in hand | 54/58 | €26,541 | €33,429 | +€6,888 | +26.0% |
| Deferred charges and accrued income | 490/1 | €1,939 | €2,462 | +€523 | +27.0% |
| Total equity and liabilities | 10/49 | €81,575 | €86,135 | +€4,560 | +5.6% |
| Equity | 10/15 | -€177,571 | -€177,434 | +€137 | +0.1% |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€217,571 | -€217,434 | +€137 | +0.1% |
| Amounts payable | 17/49 | €259,146 | €263,570 | +€4,423 | +1.7% |
| Amounts payable after more than one year | 17 | €95,000 | €95,000 | = | 0.0% |
| Financial debts | 170/4 | €95,000 | €95,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €164,146 | €168,570 | +€4,423 | +2.7% |
| Trade debts | 44 | €431 | €5,590 | +€5,160 | +1198.4% |
| Suppliers | 440/4 | €431 | €5,590 | +€5,160 | +1198.4% |
| Taxes, remuneration and social security | 45 | €8,289 | €7,963 | -€326 | -3.9% |
| Taxes | 450/3 | €5,593 | €4,515 | -€1,078 | -19.3% |
| Remuneration and social security | 454/9 | €2,696 | €3,448 | +€752 | +27.9% |
| Other amounts payable | 47/48 | €155,427 | €155,016 | -€411 | -0.3% |
| Remuneration, social security and pensions | 62 | €55,311 | €61,703 | +€6,392 | +11.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,616 | €13,853 | +€237 | +1.7% |
| Other operating charges | 640/8 | €2,226 | €4,844 | +€2,618 | +117.6% |
| Gross operating margin | 9900 | €91,423 | €82,869 | -€8,554 | -9.4% |
| Operating profit (loss) | 9901 | €20,270 | €2,468 | -€17,801 | -87.8% |
| Financial income | 75/76B | €1 | €0 | -€1 | -100.0% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -100.0% |
| Financial charges | 65/66B | €1,786 | €2,331 | +€545 | +30.5% |
| Recurring financial charges | 65 | €1,786 | €2,331 | +€545 | +30.5% |
| Profit (loss) for the period before taxes | 9903 | €18,484 | €137 | -€18,347 | -99.3% |
| Profit (loss) for the period | 9904 | €18,484 | €137 | -€18,347 | -99.3% |
| Profit (loss) for the period to be appropriated | 9905 | €18,484 | €137 | -€18,347 | -99.3% |
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 12 October 2026 via checked.be.