WASELA: 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.
WASELA
Largest movements
- Current investments +€300,000
new in 2025: €300,000
- Cash -€185,852
down €185,852 (-81.1%), from €229,044 to €43,191
mainly Current investments (-€300,000) and Contributions, distributions and other (-€49,777)
- Receivables within one year -€90,484
down €90,484 (-72.7%), from €124,409 to €33,925
of which Trade receivables: -€107,484
- Other debts +€46,061
up €46,061 (+1,216%), from €3,788 to €49,849
- Tax, wage and social debts -€22,242
down €22,242 (-46.4%), from €47,948 to €25,706
- Gross operating margin -€71,380
down €71,380 (-51.3%), from €139,214 to €67,835
- Turnover -€63,952
down €63,952 (-45.1%), from €141,925 to €77,973
- Taxes -€27,034
down €27,034 (-61.0%), from €44,351 to €17,317
- Purchases and services +€7,428
up €7,428 (+274%), from €2,710 to €10,138
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 | €353,453 | €378,232 | +€24,780 | +7.0% |
| Fixed assets | 21/28 | - | €1,116 | +€1,116 | |
| Tangible fixed assets | 22/27 | - | €1,116 | +€1,116 | |
| Land and buildings | 22 | - | €1,116 | +€1,116 | |
| Current assets | 29/58 | €353,453 | €377,116 | +€23,664 | +6.7% |
| Amounts receivable within one year | 40/41 | €124,409 | €33,925 | -€90,484 | -72.7% |
| Trade receivables | 40 | €124,409 | €16,925 | -€107,484 | -86.4% |
| Other amounts receivable | 41 | - | €17,000 | +€17,000 | |
| Current investments | 50/53 | - | €300,000 | +€300,000 | |
| Cash at bank and in hand | 54/58 | €229,044 | €43,191 | -€185,852 | -81.1% |
| Total equity and liabilities | 10/49 | €353,453 | €378,232 | +€24,780 | +7.0% |
| Equity | 10/15 | €301,716 | €301,715 | -€1 | 0.0% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Reserves | 13 | €301,215 | €301,215 | = | 0.0% |
| Distributable reserves | 133 | €301,215 | €301,215 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1 | - | -€1 | |
| Amounts payable | 17/49 | €51,737 | €76,517 | +€24,781 | +47.9% |
| Amounts payable within one year | 42/48 | €51,737 | €76,249 | +€24,512 | +47.4% |
| Trade debts | 44 | - | €694 | +€694 | |
| Suppliers | 440/4 | - | €694 | +€694 | |
| Taxes, remuneration and social security | 45 | €47,948 | €25,706 | -€22,242 | -46.4% |
| Taxes | 450/3 | €47,948 | €25,706 | -€22,242 | -46.4% |
| Other amounts payable | 47/48 | €3,788 | €49,849 | +€46,061 | +1,216% |
| Accrued charges and deferred income | 492/3 | - | €269 | +€269 | |
| Turnover | 70 | €141,925 | €77,973 | -€63,952 | -45.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €2,710 | €10,138 | +€7,428 | +274% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €312 | +€312 | |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Non-recurring operating charges | 66A | - | €0 | +€0 | |
| Gross operating margin | 9900 | €139,214 | €67,835 | -€71,380 | -51.3% |
| Operating profit (loss) | 9901 | €138,827 | €67,123 | -€71,704 | -51.6% |
| Financial charges | 65/66B | €55 | €30 | -€25 | -45.5% |
| Recurring financial charges | 65 | €55 | €30 | -€25 | -45.5% |
| Profit (loss) for the period before taxes | 9903 | €138,772 | €67,093 | -€71,679 | -51.7% |
| Income taxes | 67/77 | €44,351 | €17,317 | -€27,034 | -61.0% |
| Profit (loss) for the period | 9904 | €94,421 | €49,776 | -€44,645 | -47.3% |
| Profit (loss) for the period to be appropriated | 9905 | €94,421 | €49,776 | -€44,645 | -47.3% |
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 20 October 2026 via checked.be.