WASKO: 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.
WASKO
Largest movements
- Intangible fixed assets +€64,583
up €64,583 (+135%), from €47,850 to €112,433
- Cash -€61,146
down €61,146 (-54.5%), from €112,125 to €50,979
mainly Investment in fixed assets (net) (-€76,702) and Debts after one year (-€42,446)
- Tangible fixed assets -€32,463
down €32,463 (-3.1%), from €1.0m to €998,383
of which Land and buildings: -€32,774
- Stocks and contracts +€14,324
up €14,324 (+108%), from €13,280 to €27,604
- Receivables within one year +€12,695
up €12,695 (+141%), from €8,994 to €21,689
of which Trade receivables: +€19,739
- Debts after one year -€42,446
down €42,446 (-3.5%), from €1.2m to €1.2m
- Tax, wage and social debts +€20,848
up €20,848 (+4,235%), from €492 to €21,341
of which Taxes: +€14,959
- Trade debts +€15,711
up €15,711 (+244%), from €6,430 to €22,141
- Gross operating margin -€22,857
down €22,857 (-18.5%), from €123,669 to €100,812
- Staff costs -€22,681
down €22,681 (-34.0%), from €66,764 to €44,083
- Taxes -€19,891
down €19,891 (-99.2%), from €20,054 to €163
- Financial income +€7,888
up €7,888 (+1,029%), from €767 to €8,654
- Depreciation +€5,039
up €5,039 (+12.7%), from €39,542 to €44,581
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 | €1,224,295 | €1,214,726 | -€9,569 | -0.8% |
| Fixed assets | 21/28 | €1,078,696 | €1,110,816 | +€32,120 | +3.0% |
| Intangible fixed assets | 21 | €47,850 | €112,433 | +€64,583 | +135% |
| Tangible fixed assets | 22/27 | €1,030,846 | €998,383 | -€32,463 | -3.1% |
| Land and buildings | 22 | €1,004,727 | €971,953 | -€32,774 | -3.3% |
| Plant, machinery and equipment | 23 | €24,910 | €23,992 | -€918 | -3.7% |
| Furniture and vehicles | 24 | €1,209 | €2,438 | +€1,229 | +102% |
| Current assets | 29/58 | €145,599 | €103,909 | -€41,689 | -28.6% |
| Stocks and contracts in progress | 3 | €13,280 | €27,604 | +€14,324 | +108% |
| Stocks | 30/36 | €13,280 | €27,604 | +€14,324 | +108% |
| Amounts receivable within one year | 40/41 | €8,994 | €21,689 | +€12,695 | +141% |
| Trade receivables | 40 | €1,950 | €21,689 | +€19,739 | +1,012% |
| Other amounts receivable | 41 | €7,044 | - | -€7,044 | |
| Cash at bank and in hand | 54/58 | €112,125 | €50,979 | -€61,146 | -54.5% |
| Deferred charges and accrued income | 490/1 | €11,200 | €3,637 | -€7,562 | -67.5% |
| Total equity and liabilities | 10/49 | €1,224,295 | €1,214,726 | -€9,569 | -0.8% |
| Equity | 10/15 | -€97,876 | -€91,801 | +€6,075 | +6.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€116,476 | -€110,401 | +€6,075 | +5.2% |
| Amounts payable | 17/49 | €1,322,171 | €1,306,527 | -€15,644 | -1.2% |
| Amounts payable after more than one year | 17 | €1,199,153 | €1,156,707 | -€42,446 | -3.5% |
| Financial debts | 170/4 | €1,199,153 | €1,156,707 | -€42,446 | -3.5% |
| Amounts payable within one year | 42/48 | €123,018 | €149,819 | +€26,802 | +21.8% |
| Current portion of amounts payable after more than one year | 42 | €44,125 | €43,438 | -€686 | -1.6% |
| Trade debts | 44 | €6,430 | €22,141 | +€15,711 | +244% |
| Suppliers | 440/4 | €6,430 | €22,141 | +€15,711 | +244% |
| Advances received on contracts in progress | 46 | €6,196 | - | -€6,196 | |
| Taxes, remuneration and social security | 45 | €492 | €21,341 | +€20,848 | +4,235% |
| Taxes | 450/3 | €492 | €15,451 | +€14,959 | +3,038% |
| Remuneration and social security | 454/9 | - | €5,890 | +€5,890 | |
| Other amounts payable | 47/48 | €65,775 | €62,899 | -€2,876 | -4.4% |
| Remuneration, social security and pensions | 62 | €66,764 | €44,083 | -€22,681 | -34.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,542 | €44,581 | +€5,039 | +12.7% |
| Other operating charges | 640/8 | €2,429 | €1,739 | -€690 | -28.4% |
| Gross operating margin | 9900 | €123,669 | €100,812 | -€22,857 | -18.5% |
| Operating profit (loss) | 9901 | €14,934 | €10,409 | -€4,525 | -30.3% |
| Financial income | 75/76B | €767 | €8,654 | +€7,888 | +1,029% |
| Recurring financial income | 75 | €767 | €8,654 | +€7,888 | +1,029% |
| Financial charges | 65/66B | €12,983 | €12,826 | -€158 | -1.2% |
| Recurring financial charges | 65 | €12,983 | €12,826 | -€158 | -1.2% |
| Profit (loss) for the period before taxes | 9903 | €2,717 | €6,238 | +€3,520 | +130% |
| Income taxes | 67/77 | €20,054 | €163 | -€19,891 | -99.2% |
| Profit (loss) for the period | 9904 | -€17,337 | €6,075 | +€23,412 | |
| Profit (loss) for the period to be appropriated | 9905 | -€17,337 | €6,075 | +€23,412 |
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 1 November 2026 via checked.be.