WASE FLORA: 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.
WASE FLORA
Largest movements
- Tangible fixed assets -€32,518
down €32,518 (-23.7%), from €136,986 to €104,468
of which Other tangible fixed assets: -€25,114
- Other debts -€21,100
no longer reported in 2025 (was €21,100)
- Debts after one year -€6,366
down €6,366 (-28.6%), from €22,250 to €15,884
- Trade debts -€6,253
down €6,253 (-52.9%), from €11,810 to €5,557
- Reserves +€5,334
up €5,334 (+2.9%), from €186,739 to €192,073
- Tax, wage and social debts -€2,875
down €2,875 (-30.9%), from €9,311 to €6,436
of which Taxes: -€2,875
- Gross operating margin -€19,324
down €19,324 (-30.7%), from €62,899 to €43,575
- Taxes -€3,238
down €3,238 (-60.5%), from €5,352 to €2,113
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 | €286,784 | €255,659 | -€31,126 | -10.9% |
| Fixed assets | 21/28 | €151,387 | €118,885 | -€32,502 | -21.5% |
| Tangible fixed assets | 22/27 | €136,986 | €104,468 | -€32,518 | -23.7% |
| Plant, machinery and equipment | 23 | €3,267 | €2,125 | -€1,142 | -35.0% |
| Furniture and vehicles | 24 | €19,241 | €12,979 | -€6,262 | -32.5% |
| Other tangible fixed assets | 26 | €114,478 | €89,364 | -€25,114 | -21.9% |
| Financial fixed assets | 28 | €14,401 | €14,417 | +€16 | +0.1% |
| Current assets | 29/58 | €135,398 | €136,774 | +€1,376 | +1.0% |
| Stocks and contracts in progress | 3 | €9,424 | €9,813 | +€389 | +4.1% |
| Stocks | 30/36 | €9,424 | €9,813 | +€389 | +4.1% |
| Amounts receivable within one year | 40/41 | €8,979 | €10,350 | +€1,371 | +15.3% |
| Trade receivables | 40 | €8,979 | €8,887 | -€92 | -1.0% |
| Other amounts receivable | 41 | - | €1,463 | +€1,463 | |
| Cash at bank and in hand | 54/58 | €114,264 | €114,057 | -€207 | -0.2% |
| Deferred charges and accrued income | 490/1 | €2,730 | €2,554 | -€177 | -6.5% |
| Total equity and liabilities | 10/49 | €286,784 | €255,659 | -€31,126 | -10.9% |
| Equity | 10/15 | €205,339 | €210,673 | +€5,334 | +2.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €186,739 | €192,073 | +€5,334 | +2.9% |
| Distributable reserves | 133 | €186,739 | €192,073 | +€5,334 | +2.9% |
| Amounts payable | 17/49 | €81,446 | €44,986 | -€36,460 | -44.8% |
| Amounts payable after more than one year | 17 | €22,250 | €15,884 | -€6,366 | -28.6% |
| Financial debts | 170/4 | €22,250 | €15,884 | -€6,366 | -28.6% |
| Amounts payable within one year | 42/48 | €53,021 | €22,859 | -€30,162 | -56.9% |
| Current portion of amounts payable after more than one year | 42 | €7,500 | €7,500 | = | 0.0% |
| Financial debts | 43 | €3,300 | €3,366 | +€66 | +2.0% |
| Other loans | 439 | €3,300 | €3,366 | +€66 | +2.0% |
| Trade debts | 44 | €11,810 | €5,557 | -€6,253 | -52.9% |
| Suppliers | 440/4 | €11,810 | €5,557 | -€6,253 | -52.9% |
| Taxes, remuneration and social security | 45 | €9,311 | €6,436 | -€2,875 | -30.9% |
| Taxes | 450/3 | €6,811 | €3,936 | -€2,875 | -42.2% |
| Remuneration and social security | 454/9 | €2,500 | €2,500 | = | 0.0% |
| Other amounts payable | 47/48 | €21,100 | - | -€21,100 | |
| Accrued charges and deferred income | 492/3 | €6,174 | €6,243 | +€68 | +1.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,676 | €32,518 | -€158 | -0.5% |
| Other operating charges | 640/8 | €2,187 | €2,253 | +€65 | +3.0% |
| Gross operating margin | 9900 | €62,899 | €43,575 | -€19,324 | -30.7% |
| Operating profit (loss) | 9901 | €28,036 | €8,805 | -€19,231 | -68.6% |
| Financial income | 75/76B | €44 | €1 | -€43 | -97.1% |
| Recurring financial income | 75 | €44 | €1 | -€43 | -97.1% |
| Financial charges | 65/66B | €1,628 | €1,358 | -€269 | -16.5% |
| Recurring financial charges | 65 | €1,628 | €1,358 | -€269 | -16.5% |
| Profit (loss) for the period before taxes | 9903 | €26,452 | €7,448 | -€19,004 | -71.8% |
| Income taxes | 67/77 | €5,352 | €2,113 | -€3,238 | -60.5% |
| Profit (loss) for the period | 9904 | €21,100 | €5,334 | -€15,766 | -74.7% |
| Profit (loss) for the period to be appropriated | 9905 | €21,100 | €5,334 | -€15,766 | -74.7% |
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 15 October 2026 via checked.be.