WASDA: 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.
WASDA
Largest movements
- Tangible fixed assets -€4,754
down €4,754 (-3.3%), from €142,328 to €137,574
- Other debts -€2,851
down €2,851 (-2.8%), from €101,282 to €98,431
- Gross operating margin -€1,757
down €1,757 (-29.5%), from €5,965 to €4,208
- Other operating charges -€382
down €382 (-49.0%), from €781 to €398
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 | €148,133 | €144,271 | -€3,861 | -2.6% |
| Fixed assets | 21/28 | €142,328 | €137,574 | -€4,754 | -3.3% |
| Tangible fixed assets | 22/27 | €142,328 | €137,574 | -€4,754 | -3.3% |
| Land and buildings | 22 | €142,328 | €137,574 | -€4,754 | -3.3% |
| Current assets | 29/58 | €5,804 | €6,697 | +€893 | +15.4% |
| Amounts receivable within one year | 40/41 | €528 | €513 | -€15 | -2.8% |
| Other amounts receivable | 41 | €528 | €513 | -€15 | -2.8% |
| Cash at bank and in hand | 54/58 | €5,277 | €6,184 | +€907 | +17.2% |
| Total equity and liabilities | 10/49 | €148,133 | €144,271 | -€3,861 | -2.6% |
| Equity | 10/15 | €46,851 | €45,737 | -€1,113 | -2.4% |
| Contributions | 10/11 | €198,300 | €198,300 | = | 0.0% |
| Capital | 10 | €198,300 | €198,300 | = | 0.0% |
| Issued capital | 100 | €198,300 | €198,300 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€151,450 | -€152,563 | -€1,113 | -0.7% |
| Amounts payable | 17/49 | €101,282 | €98,534 | -€2,748 | -2.7% |
| Amounts payable within one year | 42/48 | €101,282 | €98,534 | -€2,748 | -2.7% |
| Trade debts | 44 | - | €103 | +€103 | |
| Suppliers | 440/4 | - | €103 | +€103 | |
| Other amounts payable | 47/48 | €101,282 | €98,431 | -€2,851 | -2.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,754 | €4,754 | = | 0.0% |
| Other operating charges | 640/8 | €781 | €398 | -€382 | -49.0% |
| Non-recurring operating charges | 66A | €4,061 | €0 | -€4,061 | -100.0% |
| Gross operating margin | 9900 | €5,965 | €4,208 | -€1,757 | -29.5% |
| Operating profit (loss) | 9901 | -€3,631 | -€944 | +€2,687 | +74.0% |
| Financial charges | 65/66B | €198 | €169 | -€28 | -14.4% |
| Recurring financial charges | 65 | €198 | €169 | -€28 | -14.4% |
| Profit (loss) for the period before taxes | 9903 | -€3,828 | -€1,113 | +€2,715 | +70.9% |
| Profit (loss) for the period | 9904 | -€3,828 | -€1,113 | +€2,715 | +70.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,828 | -€1,113 | +€2,715 | +70.9% |
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 9 October 2026 via checked.be.