"Wash Campus": 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.
"Wash Campus"
Largest movements
- Tangible fixed assets +€39,900
up €39,900 (+15.3%), from €260,592 to €300,491
- Receivables within one year -€7,374
down €7,374 (-42.6%), from €17,297 to €9,924
of which Other amounts receivable: -€9,436
- Current portion of long-term debt +€59,980
up €59,980 (+94.2%), from €63,644 to €123,624
- Profit (loss) carried forward -€37,537
down €37,537 (-11.9%), from -€315,386 to -€352,922
- Trade debts +€33,723
up €33,723 (+21.3%), from €158,463 to €192,186
- Debts after one year +€30,706
up €30,706 (+70.9%), from €43,323 to €74,029
- Other debts -€29,335
down €29,335 (-10.4%), from €281,310 to €251,976
- Gross operating margin +€69,341
up €69,341, from -€7,056 to €62,285
- Staff costs +€3,448
up €3,448 (+39.7%), from €8,688 to €12,136
- Financial charges +€2,318
up €2,318 (+40.6%), from €5,704 to €8,022
- Depreciation +€1,352
up €1,352 (+1.8%), from €76,415 to €77,767
- Other operating charges +€1,277
up €1,277 (+176%), from €727 to €2,004
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 | €283,663 | €313,804 | +€30,141 | +10.6% |
| Fixed assets | 21/28 | €260,592 | €300,491 | +€39,900 | +15.3% |
| Tangible fixed assets | 22/27 | €260,592 | €300,491 | +€39,900 | +15.3% |
| Plant, machinery and equipment | 23 | €260,592 | €300,491 | +€39,900 | +15.3% |
| Current assets | 29/58 | €23,071 | €13,312 | -€9,759 | -42.3% |
| Amounts receivable within one year | 40/41 | €17,297 | €9,924 | -€7,374 | -42.6% |
| Trade receivables | 40 | €7,115 | €9,177 | +€2,062 | +29.0% |
| Other amounts receivable | 41 | €10,183 | €747 | -€9,436 | -92.7% |
| Cash at bank and in hand | 54/58 | €4,961 | €3,389 | -€1,572 | -31.7% |
| Deferred charges and accrued income | 490/1 | €813 | €0 | -€813 | -100% |
| Total equity and liabilities | 10/49 | €283,663 | €313,804 | +€30,141 | +10.6% |
| Equity | 10/15 | -€295,386 | -€332,922 | -€37,537 | -12.7% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€315,386 | -€352,922 | -€37,537 | -11.9% |
| Amounts payable | 17/49 | €579,048 | €646,726 | +€67,678 | +11.7% |
| Amounts payable after more than one year | 17 | €43,323 | €74,029 | +€30,706 | +70.9% |
| Financial debts | 170/4 | €43,323 | €74,029 | +€30,706 | +70.9% |
| Amounts payable within one year | 42/48 | €515,063 | €572,697 | +€57,635 | +11.2% |
| Current portion of amounts payable after more than one year | 42 | €63,644 | €123,624 | +€59,980 | +94.2% |
| Financial debts | 43 | €4,947 | €42 | -€4,905 | -99.1% |
| Other loans | 439 | €4,947 | €42 | -€4,905 | -99.1% |
| Trade debts | 44 | €158,463 | €192,186 | +€33,723 | +21.3% |
| Suppliers | 440/4 | €158,463 | €192,186 | +€33,723 | +21.3% |
| Taxes, remuneration and social security | 45 | €6,698 | €4,869 | -€1,829 | -27.3% |
| Taxes | 450/3 | €5,752 | €2,370 | -€3,382 | -58.8% |
| Remuneration and social security | 454/9 | €946 | €2,499 | +€1,553 | +164% |
| Other amounts payable | 47/48 | €281,310 | €251,976 | -€29,335 | -10.4% |
| Accrued charges and deferred income | 492/3 | €20,662 | €0 | -€20,662 | -100% |
| Remuneration, social security and pensions | 62 | €8,688 | €12,136 | +€3,448 | +39.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €76,415 | €77,767 | +€1,352 | +1.8% |
| Other operating charges | 640/8 | €727 | €2,004 | +€1,277 | +176% |
| Gross operating margin | 9900 | -€7,056 | €62,285 | +€69,341 | |
| Operating profit (loss) | 9901 | -€92,886 | -€29,622 | +€63,264 | +68.1% |
| Financial income | 75/76B | €0 | €107 | +€107 | |
| Recurring financial income | 75 | €0 | €107 | +€107 | |
| Financial charges | 65/66B | €5,704 | €8,022 | +€2,318 | +40.6% |
| Recurring financial charges | 65 | €5,704 | €8,022 | +€2,318 | +40.6% |
| Profit (loss) for the period before taxes | 9903 | -€98,590 | -€37,537 | +€61,053 | +61.9% |
| Profit (loss) for the period | 9904 | -€98,590 | -€37,537 | +€61,053 | +61.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€98,590 | -€37,537 | +€61,053 | +61.9% |
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 22 October 2026 via checked.be.