WASCO: 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.
WASCO
Largest movements
- Cash +€45,996
up €45,996 (+625.5%), from €7,353 to €53,349
mainly Net result for the year (+€17,518) and Deferred charges and accrued income (+€15,836)
- Deferred charges and accrued income -€15,836
down €15,836 (-72.9%), from €21,730 to €5,894
- Receivables within one year -€14,453
down €14,453 (-55.1%), from €26,239 to €11,786
of which Trade receivables: -€16,352
- Tangible fixed assets -€6,680
down €6,680 (-19.8%), from €33,687 to €27,007
- Stocks and contracts -€1,420
down €1,420 (-15.4%), from €9,241 to €7,821
of which Stocks: -€6,552
- Other debts +€10,129
up €10,129 (+149.7%), from €6,766 to €16,895
- Tax, wage and social debts +€8,692
up €8,692 (+225.0%), from €3,863 to €12,555
of which Taxes: +€6,208
- Debts after one year -€7,755
down €7,755 (-79.8%), from €9,718 to €1,963
- Reserves +€6,618
up €6,618 (+16.8%), from €39,311 to €45,929
- Advances received -€6,520
no longer reported in 2025 (was €6,520)
- Gross operating margin +€16,783
up €16,783 (+24.5%), from €68,625 to €85,408
- Taxes +€5,359
up €5,359 (+697.8%), from €768 to €6,127
- Other operating charges -€1,487
down €1,487 (-40.2%), from €3,696 to €2,209
- Staff costs +€862
up €862 (+1.8%), from €49,226 to €50,088
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 | €98,880 | €106,487 | +€7,607 | +7.7% |
| Fixed assets | 21/28 | €34,317 | €27,637 | -€6,680 | -19.5% |
| Tangible fixed assets | 22/27 | €33,687 | €27,007 | -€6,680 | -19.8% |
| Furniture and vehicles | 24 | €33,687 | €27,007 | -€6,680 | -19.8% |
| Financial fixed assets | 28 | €630 | €630 | = | 0.0% |
| Current assets | 29/58 | €64,563 | €78,850 | +€14,287 | +22.1% |
| Stocks and contracts in progress | 3 | €9,241 | €7,821 | -€1,420 | -15.4% |
| Stocks | 30/36 | €9,241 | €2,689 | -€6,552 | -70.9% |
| Contracts in progress | 37 | - | €5,132 | +€5,132 | |
| Amounts receivable within one year | 40/41 | €26,239 | €11,786 | -€14,453 | -55.1% |
| Trade receivables | 40 | €16,352 | - | -€16,352 | |
| Other amounts receivable | 41 | €9,887 | €11,786 | +€1,899 | +19.2% |
| Cash at bank and in hand | 54/58 | €7,353 | €53,349 | +€45,996 | +625.5% |
| Deferred charges and accrued income | 490/1 | €21,730 | €5,894 | -€15,836 | -72.9% |
| Total equity and liabilities | 10/49 | €98,880 | €106,487 | +€7,607 | +7.7% |
| Equity | 10/15 | €52,586 | €59,204 | +€6,618 | +12.6% |
| Contributions | 10/11 | €11,000 | €11,000 | = | 0.0% |
| Reserves | 13 | €39,311 | €45,929 | +€6,618 | +16.8% |
| Distributable reserves | 133 | €39,311 | €45,929 | +€6,618 | +16.8% |
| Profit (loss) carried forward | 14 | €2,275 | €2,275 | = | 0.0% |
| Amounts payable | 17/49 | €46,294 | €47,283 | +€989 | +2.1% |
| Amounts payable after more than one year | 17 | €9,718 | €1,963 | -€7,755 | -79.8% |
| Financial debts | 170/4 | €9,718 | €1,963 | -€7,755 | -79.8% |
| Amounts payable within one year | 42/48 | €35,919 | €44,626 | +€8,707 | +24.2% |
| Current portion of amounts payable after more than one year | 42 | €7,603 | €7,755 | +€152 | +2.0% |
| Trade debts | 44 | €11,167 | €7,421 | -€3,746 | -33.5% |
| Suppliers | 440/4 | €11,167 | €7,421 | -€3,746 | -33.5% |
| Advances received on contracts in progress | 46 | €6,520 | - | -€6,520 | |
| Taxes, remuneration and social security | 45 | €3,863 | €12,555 | +€8,692 | +225.0% |
| Taxes | 450/3 | €1,897 | €8,105 | +€6,208 | +327.3% |
| Remuneration and social security | 454/9 | €1,966 | €4,450 | +€2,484 | +126.3% |
| Other amounts payable | 47/48 | €6,766 | €16,895 | +€10,129 | +149.7% |
| Accrued charges and deferred income | 492/3 | €657 | €694 | +€37 | +5.6% |
| Remuneration, social security and pensions | 62 | €49,226 | €50,088 | +€862 | +1.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,198 | €6,680 | +€482 | +7.8% |
| Other operating charges | 640/8 | €3,696 | €2,209 | -€1,487 | -40.2% |
| Non-recurring operating charges | 66A | €561 | - | -€561 | |
| Gross operating margin | 9900 | €68,625 | €85,408 | +€16,783 | +24.5% |
| Operating profit (loss) | 9901 | €8,944 | €26,431 | +€17,487 | +195.5% |
| Financial income | 75/76B | - | €135 | +€135 | |
| Recurring financial income | 75 | - | €135 | +€135 | |
| Financial charges | 65/66B | €3,390 | €2,921 | -€469 | -13.8% |
| Recurring financial charges | 65 | €3,390 | €2,921 | -€469 | -13.8% |
| Profit (loss) for the period before taxes | 9903 | €5,554 | €23,645 | +€18,091 | +325.7% |
| Income taxes | 67/77 | €768 | €6,127 | +€5,359 | +697.8% |
| Profit (loss) for the period | 9904 | €4,786 | €17,518 | +€12,732 | +266.0% |
| Profit (loss) for the period to be appropriated | 9905 | €4,786 | €17,518 | +€12,732 | +266.0% |
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.