WASCO.WORKS: 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.WORKS
Largest movements
- Cash -€62,164
down €62,164 (-45.7%), from €136,151 to €73,987
mainly Trade debts (-€30,999) and Tax, wage and social debts (-€13,848)
- Trade debts -€30,999
down €30,999 (-98.8%), from €31,382 to €382
- Tax, wage and social debts -€13,848
down €13,848 (-100.0%), from €13,849 to €1
- Debts after one year -€10,400
down €10,400 (-6.7%), from €155,239 to €144,839
- Reserves -€4,173
down €4,173 (-7.6%), from €54,949 to €50,777
- Gross operating margin -€84,298
down €84,298 (-92.7%), from €90,949 to €6,651
- Taxes -€13,935
down €13,935 (-100%), from €13,935 to €0
- Depreciation -€6,223
down €6,223 (-52.4%), from €11,872 to €5,649
- Financial charges -€4,101
down €4,101 (-45.9%), from €8,937 to €4,836
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 | €281,599 | €221,578 | -€60,021 | -21.3% |
| Fixed assets | 21/28 | €134,758 | €136,784 | +€2,026 | +1.5% |
| Tangible fixed assets | 22/27 | €134,758 | €136,784 | +€2,026 | +1.5% |
| Land and buildings | 22 | €134,758 | €134,384 | -€374 | -0.3% |
| Other tangible fixed assets | 26 | - | €2,400 | +€2,400 | |
| Current assets | 29/58 | €146,842 | €84,795 | -€62,047 | -42.3% |
| Amounts receivable within one year | 40/41 | €10,601 | €10,074 | -€527 | -5.0% |
| Trade receivables | 40 | €262 | €82 | -€180 | -68.7% |
| Other amounts receivable | 41 | €10,339 | €9,992 | -€347 | -3.4% |
| Cash at bank and in hand | 54/58 | €136,151 | €73,987 | -€62,164 | -45.7% |
| Deferred charges and accrued income | 490/1 | €89 | €733 | +€644 | +725% |
| Total equity and liabilities | 10/49 | €281,599 | €221,578 | -€60,021 | -21.3% |
| Equity | 10/15 | €69,949 | €65,777 | -€4,173 | -6.0% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €54,949 | €50,777 | -€4,173 | -7.6% |
| Distributable reserves | 133 | €54,949 | €50,777 | -€4,173 | -7.6% |
| Amounts payable | 17/49 | €211,650 | €155,802 | -€55,848 | -26.4% |
| Amounts payable after more than one year | 17 | €155,239 | €144,839 | -€10,400 | -6.7% |
| Financial debts | 170/4 | €155,239 | €144,839 | -€10,400 | -6.7% |
| Amounts payable within one year | 42/48 | €56,411 | €10,943 | -€45,469 | -80.6% |
| Current portion of amounts payable after more than one year | 42 | €10,099 | €10,400 | +€301 | +3.0% |
| Trade debts | 44 | €31,382 | €382 | -€30,999 | -98.8% |
| Suppliers | 440/4 | €31,382 | €382 | -€30,999 | -98.8% |
| Taxes, remuneration and social security | 45 | €13,849 | €1 | -€13,848 | -100.0% |
| Taxes | 450/3 | €13,849 | €1 | -€13,848 | -100.0% |
| Other amounts payable | 47/48 | €1,081 | €159 | -€921 | -85.3% |
| Accrued charges and deferred income | 492/3 | - | €20 | +€20 | |
| Non-recurring operating income | 76A | €127,921 | €0 | -€127,921 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,872 | €5,649 | -€6,223 | -52.4% |
| Other operating charges | 640/8 | €1,934 | €1,130 | -€803 | -41.5% |
| Gross operating margin | 9900 | €90,949 | €6,651 | -€84,298 | -92.7% |
| Operating profit (loss) | 9901 | €77,143 | -€129 | -€77,272 | |
| Financial income | 75/76B | €678 | €792 | +€114 | +16.9% |
| Recurring financial income | 75 | €678 | €792 | +€114 | +16.9% |
| Financial charges | 65/66B | €8,937 | €4,836 | -€4,101 | -45.9% |
| Recurring financial charges | 65 | €8,937 | €4,836 | -€4,101 | -45.9% |
| Profit (loss) for the period before taxes | 9903 | €68,884 | -€4,173 | -€73,056 | |
| Income taxes | 67/77 | €13,935 | €0 | -€13,935 | -100% |
| Profit (loss) for the period | 9904 | €54,949 | -€4,173 | -€59,122 | |
| Profit (loss) for the period to be appropriated | 9905 | €54,949 | -€4,173 | -€59,122 |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.