Wasdom: 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.
Wasdom
Largest movements
- Cash -€15,489
down €15,489 (-85.9%), from €18,028 to €2,539
mainly Investment in fixed assets (net) (-€13,457) and Trade debts (-€8,785)
- Tangible fixed assets +€11,339
up €11,339 (+597.7%), from €1,897 to €13,236
of which Plant, machinery and equipment: +€10,330
- Receivables within one year -€8,720
down €8,720 (-33.2%), from €26,244 to €17,524
of which Trade receivables: -€8,661
- Stocks and contracts +€5,291
up €5,291 (+74.4%), from €7,112 to €12,403
- Trade debts -€8,785
down €8,785 (-49.7%), from €17,676 to €8,891
- Profit (loss) carried forward +€4,405
up €4,405 (+24.7%), from €17,814 to €22,218
- Debts after one year -€3,938
down €3,938 (-37.8%), from €10,410 to €6,472
- Tax, wage and social debts +€1,146
up €1,146 (+49.0%), from €2,337 to €3,483
of which Taxes: +€1,146
- Gross operating margin -€12,430
down €12,430 (-53.1%), from €23,389 to €10,959
- Depreciation +€1,088
up €1,088 (+105.5%), from €1,031 to €2,119
- Financial charges -€509
down €509 (-36.4%), from €1,400 to €891
- Staff costs -€476
down €476 (-100.0%), from €476 to €0
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 | €62,326 | €54,951 | -€7,375 | -11.8% |
| Fixed assets | 21/28 | €1,897 | €13,236 | +€11,339 | +597.7% |
| Tangible fixed assets | 22/27 | €1,897 | €13,236 | +€11,339 | +597.7% |
| Plant, machinery and equipment | 23 | €1,171 | €11,501 | +€10,330 | +882.2% |
| Furniture and vehicles | 24 | €726 | €1,735 | +€1,009 | +138.9% |
| Current assets | 29/58 | €60,429 | €41,715 | -€18,714 | -31.0% |
| Amounts receivable after more than one year | 29 | €7,508 | €7,525 | +€17 | +0.2% |
| Other amounts receivable | 291 | €7,508 | €7,525 | +€17 | +0.2% |
| Stocks and contracts in progress | 3 | €7,112 | €12,403 | +€5,291 | +74.4% |
| Stocks | 30/36 | €7,112 | €12,403 | +€5,291 | +74.4% |
| Amounts receivable within one year | 40/41 | €26,244 | €17,524 | -€8,720 | -33.2% |
| Trade receivables | 40 | €26,091 | €17,430 | -€8,661 | -33.2% |
| Other amounts receivable | 41 | €153 | €93 | -€60 | -39.1% |
| Cash at bank and in hand | 54/58 | €18,028 | €2,539 | -€15,489 | -85.9% |
| Deferred charges and accrued income | 490/1 | €1,536 | €1,724 | +€188 | +12.2% |
| Total equity and liabilities | 10/49 | €62,326 | €54,951 | -€7,375 | -11.8% |
| Equity | 10/15 | €27,731 | €32,136 | +€4,405 | +15.9% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €8,918 | €8,918 | = | 0.0% |
| Distributable reserves | 133 | €8,918 | €8,918 | = | 0.0% |
| Profit (loss) carried forward | 14 | €17,814 | €22,218 | +€4,405 | +24.7% |
| Amounts payable | 17/49 | €34,594 | €22,815 | -€11,780 | -34.1% |
| Amounts payable after more than one year | 17 | €10,410 | €6,472 | -€3,938 | -37.8% |
| Financial debts | 170/4 | €10,410 | €6,472 | -€3,938 | -37.8% |
| Amounts payable within one year | 42/48 | €24,184 | €16,342 | -€7,842 | -32.4% |
| Current portion of amounts payable after more than one year | 42 | €3,868 | €3,938 | +€69 | +1.8% |
| Trade debts | 44 | €17,676 | €8,891 | -€8,785 | -49.7% |
| Suppliers | 440/4 | €17,676 | €8,891 | -€8,785 | -49.7% |
| Taxes, remuneration and social security | 45 | €2,337 | €3,483 | +€1,146 | +49.0% |
| Taxes | 450/3 | €2,337 | €3,483 | +€1,146 | +49.0% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €303 | €31 | -€272 | -89.9% |
| Remuneration, social security and pensions | 62 | €476 | €0 | -€476 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,031 | €2,119 | +€1,088 | +105.5% |
| Other operating charges | 640/8 | €1,873 | €1,994 | +€121 | +6.5% |
| Gross operating margin | 9900 | €23,389 | €10,959 | -€12,430 | -53.1% |
| Operating profit (loss) | 9901 | €20,009 | €6,847 | -€13,162 | -65.8% |
| Financial income | 75/76B | €14 | €34 | +€20 | +137.8% |
| Recurring financial income | 75 | €14 | €34 | +€20 | +137.8% |
| Financial charges | 65/66B | €1,400 | €891 | -€509 | -36.4% |
| Recurring financial charges | 65 | €1,400 | €891 | -€509 | -36.4% |
| Profit (loss) for the period before taxes | 9903 | €18,623 | €5,990 | -€12,633 | -67.8% |
| Income taxes | 67/77 | €1,784 | €1,585 | -€199 | -11.2% |
| Profit (loss) for the period | 9904 | €16,839 | €4,405 | -€12,434 | -73.8% |
| Profit (loss) for the period to be appropriated | 9905 | €16,839 | €4,405 | -€12,434 | -73.8% |
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.