WASE MOTORHOMES: 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 MOTORHOMES
Largest movements
- Cash +€96,557
up €96,557 (+77.9%), from €124,002 to €220,559
mainly Net result for the year (+€115,555) and Receivables within one year (+€58,849)
- Tangible fixed assets +€64,130
up €64,130 (+13.8%), from €464,211 to €528,341
of which Land and buildings: +€41,679
- Receivables within one year -€58,849
down €58,849 (-82.2%), from €71,596 to €12,747
of which Trade receivables: -€58,773
- Stocks and contracts +€14,622
up €14,622 (+23.1%), from €63,173 to €77,795
- Reserves +€114,722
up €114,722 (+132%), from €86,611 to €201,334
- Other debts -€32,137
down €32,137 (-11.9%), from €270,298 to €238,161
- Debts after one year +€26,633
up €26,633 (+10.2%), from €262,303 to €288,936
- Trade debts +€11,783
up €11,783 (+87.0%), from €13,538 to €25,321
- Gross operating margin +€114,331
up €114,331 (+114%), from €100,575 to €214,905
- Taxes +€27,411
up €27,411 (+449%), from €6,107 to €33,518
- Depreciation -€13,115
down €13,115 (-22.6%), from €57,912 to €44,797
- Staff costs +€4,580
new in 2025: €4,580
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 | €729,915 | €848,443 | +€118,528 | +16.2% |
| Fixed assets | 21/28 | €464,211 | €528,341 | +€64,130 | +13.8% |
| Tangible fixed assets | 22/27 | €464,211 | €528,341 | +€64,130 | +13.8% |
| Land and buildings | 22 | €420,810 | €462,489 | +€41,679 | +9.9% |
| Plant, machinery and equipment | 23 | €9,167 | €5,782 | -€3,384 | -36.9% |
| Furniture and vehicles | 24 | €34,234 | €60,070 | +€25,836 | +75.5% |
| Current assets | 29/58 | €265,704 | €320,102 | +€54,398 | +20.5% |
| Stocks and contracts in progress | 3 | €63,173 | €77,795 | +€14,622 | +23.1% |
| Stocks | 30/36 | €63,173 | €77,795 | +€14,622 | +23.1% |
| Amounts receivable within one year | 40/41 | €71,596 | €12,747 | -€58,849 | -82.2% |
| Trade receivables | 40 | €71,521 | €12,747 | -€58,773 | -82.2% |
| Other amounts receivable | 41 | €75 | €0 | -€75 | -100% |
| Cash at bank and in hand | 54/58 | €124,002 | €220,559 | +€96,557 | +77.9% |
| Deferred charges and accrued income | 490/1 | €6,933 | €9,000 | +€2,068 | +29.8% |
| Total equity and liabilities | 10/49 | €729,915 | €848,443 | +€118,528 | +16.2% |
| Equity | 10/15 | €91,611 | €206,334 | +€114,722 | +125% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €86,611 | €201,334 | +€114,722 | +132% |
| Distributable reserves | 133 | €86,611 | €201,334 | +€114,722 | +132% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €638,303 | €642,110 | +€3,806 | +0.6% |
| Amounts payable after more than one year | 17 | €262,303 | €288,936 | +€26,633 | +10.2% |
| Financial debts | 170/4 | €262,303 | €288,936 | +€26,633 | +10.2% |
| Amounts payable within one year | 42/48 | €374,978 | €352,051 | -€22,926 | -6.1% |
| Current portion of amounts payable after more than one year | 42 | €21,367 | €26,656 | +€5,289 | +24.8% |
| Trade debts | 44 | €13,538 | €25,321 | +€11,783 | +87.0% |
| Suppliers | 440/4 | €13,538 | €25,321 | +€11,783 | +87.0% |
| Taxes, remuneration and social security | 45 | €69,775 | €61,914 | -€7,862 | -11.3% |
| Taxes | 450/3 | €67,185 | €60,977 | -€6,208 | -9.2% |
| Remuneration and social security | 454/9 | €2,590 | €937 | -€1,654 | -63.8% |
| Other amounts payable | 47/48 | €270,298 | €238,161 | -€32,137 | -11.9% |
| Accrued charges and deferred income | 492/3 | €1,023 | €1,122 | +€99 | +9.7% |
| Remuneration, social security and pensions | 62 | - | €4,580 | +€4,580 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €57,912 | €44,797 | -€13,115 | -22.6% |
| Other operating charges | 640/8 | €3,807 | €5,191 | +€1,384 | +36.3% |
| Gross operating margin | 9900 | €100,575 | €214,905 | +€114,331 | +114% |
| Operating profit (loss) | 9901 | €38,855 | €160,337 | +€121,482 | +313% |
| Financial income | 75/76B | €1,229 | €1,244 | +€15 | +1.2% |
| Recurring financial income | 75 | €1,229 | €1,244 | +€15 | +1.2% |
| Financial charges | 65/66B | €12,906 | €12,508 | -€398 | -3.1% |
| Recurring financial charges | 65 | €12,906 | €12,508 | -€398 | -3.1% |
| Profit (loss) for the period before taxes | 9903 | €27,179 | €149,074 | +€121,895 | +448% |
| Income taxes | 67/77 | €6,107 | €33,518 | +€27,411 | +449% |
| Profit (loss) for the period | 9904 | €21,072 | €115,555 | +€94,483 | +448% |
| Profit (loss) for the period to be appropriated | 9905 | €21,072 | €115,555 | +€94,483 | +448% |
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 31 October 2026 via checked.be.