Wasi: 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.
Wasi
Largest movements
- Receivables within one year +€1.1m
up €1.1m (+1069.4%), from €103,627 to €1.2m
of which Other amounts receivable: +€809,219
- Stocks and contracts -€257,008
down €257,008 (-41.7%), from €616,599 to €359,591
- Tangible fixed assets -€52,291
down €52,291 (-6.8%), from €773,182 to €720,891
of which Land and buildings: -€47,165
- Current portion of long-term debt +€628,357
up €628,357 (+948.8%), from €66,230 to €694,587
- Profit (loss) carried forward +€327,914
up €327,914 (+96.0%), from -€341,728 to -€13,813
- Debts after one year -€69,587
down €69,587 (-31.7%), from €219,523 to €149,936
- Other debts -€52,012
down €52,012 (-8.5%), from €615,258 to €563,246
- Gross operating margin +€114,997
up €114,997 (+36.6%), from €314,248 to €429,245
- Other operating charges +€22,119
up €22,119 (+683.1%), from €3,238 to €25,357
- Financial charges +€7,199
up €7,199 (+30.3%), from €23,744 to €30,943
- Financial income +€7,000
up €7,000 (+166.2%), from €4,212 to €11,212
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,535,371 | €2,369,252 | +€833,881 | +54.3% |
| Fixed assets | 21/28 | €776,749 | €726,385 | -€50,364 | -6.5% |
| Tangible fixed assets | 22/27 | €773,182 | €720,891 | -€52,291 | -6.8% |
| Land and buildings | 22 | €740,812 | €693,648 | -€47,165 | -6.4% |
| Plant, machinery and equipment | 23 | €27,441 | €23,484 | -€3,957 | -14.4% |
| Furniture and vehicles | 24 | €4,929 | €3,760 | -€1,169 | -23.7% |
| Financial fixed assets | 28 | €3,567 | €5,494 | +€1,927 | +54.0% |
| Current assets | 29/58 | €758,623 | €1,642,867 | +€884,245 | +116.6% |
| Stocks and contracts in progress | 3 | €616,599 | €359,591 | -€257,008 | -41.7% |
| Stocks | 30/36 | €616,599 | €359,591 | -€257,008 | -41.7% |
| Amounts receivable within one year | 40/41 | €103,627 | €1,211,821 | +€1.1m | +1069.4% |
| Trade receivables | 40 | €18,541 | €317,516 | +€298,976 | +1612.5% |
| Other amounts receivable | 41 | €85,086 | €894,305 | +€809,219 | +951.1% |
| Current investments | 50/53 | - | €23,286 | +€23,286 | |
| Cash at bank and in hand | 54/58 | €9,964 | €16,098 | +€6,134 | +61.6% |
| Deferred charges and accrued income | 490/1 | €28,433 | €32,071 | +€3,638 | +12.8% |
| Total equity and liabilities | 10/49 | €1,535,371 | €2,369,252 | +€833,881 | +54.3% |
| Equity | 10/15 | €609,061 | €937,080 | +€328,019 | +53.9% |
| Contributions | 10/11 | €950,000 | €950,000 | = | 0.0% |
| Capital | 10 | €950,000 | €950,000 | = | 0.0% |
| Issued capital | 100 | €950,000 | €950,000 | = | 0.0% |
| Reserves | 13 | €789 | €894 | +€105 | +13.3% |
| Tax-exempt reserves | 132 | €789 | €894 | +€105 | +13.3% |
| Profit (loss) carried forward | 14 | -€341,728 | -€13,813 | +€327,914 | +96.0% |
| Amounts payable | 17/49 | €926,310 | €1,432,172 | +€505,862 | +54.6% |
| Amounts payable after more than one year | 17 | €219,523 | €149,936 | -€69,587 | -31.7% |
| Financial debts | 170/4 | €219,523 | €149,936 | -€69,587 | -31.7% |
| Amounts payable within one year | 42/48 | €706,772 | €1,275,926 | +€569,154 | +80.5% |
| Current portion of amounts payable after more than one year | 42 | €66,230 | €694,587 | +€628,357 | +948.8% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €22,257 | €8,840 | -€13,417 | -60.3% |
| Suppliers | 440/4 | €22,257 | €8,840 | -€13,417 | -60.3% |
| Taxes, remuneration and social security | 45 | €3,027 | €9,253 | +€6,226 | +205.7% |
| Taxes | 450/3 | €3,027 | €9,253 | +€6,226 | +205.7% |
| Other amounts payable | 47/48 | €615,258 | €563,246 | -€52,012 | -8.5% |
| Accrued charges and deferred income | 492/3 | €15 | €6,310 | +€6,295 | +41967.7% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €51,553 | €52,291 | +€737 | +1.4% |
| Other operating charges | 640/8 | €3,238 | €25,357 | +€22,119 | +683.1% |
| Gross operating margin | 9900 | €314,248 | €429,245 | +€114,997 | +36.6% |
| Operating profit (loss) | 9901 | €259,457 | €351,597 | +€92,140 | +35.5% |
| Financial income | 75/76B | €4,212 | €11,212 | +€7,000 | +166.2% |
| Recurring financial income | 75 | €4,212 | €11,212 | +€7,000 | +166.2% |
| Financial charges | 65/66B | €23,744 | €30,943 | +€7,199 | +30.3% |
| Recurring financial charges | 65 | €23,744 | €30,943 | +€7,199 | +30.3% |
| Profit (loss) for the period before taxes | 9903 | €239,925 | €331,867 | +€91,941 | +38.3% |
| Income taxes | 67/77 | - | €3,847 | +€3,847 | |
| Profit (loss) for the period | 9904 | €239,925 | €328,019 | +€88,094 | +36.7% |
| Transfer to tax-exempt reserves | 689 | €0 | €105 | +€105 | |
| Profit (loss) for the period to be appropriated | 9905 | €239,925 | €327,914 | +€87,989 | +36.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.