WASSEPOESTER: what changed
Two fiscal 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.
WASSEPOESTER
Largest movements
- Financial fixed assets +€265,778
up €265,778 (+77037.1%), from €345 to €266,123
- Tangible fixed assets +€239,647
up €239,647 (+57.5%), from €416,850 to €656,496
of which Plant, machinery and equipment: +€167,513
- Intangible fixed assets +€198,977
up €198,977 (+112.9%), from €176,270 to €375,247
- Receivables within one year +€49,621
up €49,621 (+105.5%), from €47,053 to €96,675
of which Trade receivables: +€84,256
- Cash +€25,326
up €25,326 (+118.7%), from €21,333 to €46,659
mainly Contributions, distributions and other (+€522,300) and Debts after one year (+€233,493)
- Contributions +€522,300
up €522,300 (+93.0%), from €561,500 to €1.1m
- Debts after one year +€233,493
up €233,493 (+457.1%), from €51,078 to €284,571
- Profit (loss) carried forward -€188,771
down €188,771 (-266.6%), from -€70,819 to -€259,590
- Other debts +€165,000
new in 2025: €165,000
- Current portion of long-term debt +€65,045
up €65,045 (+229.4%), from €28,349 to €93,394
- Depreciation +€86,771
up €86,771 (+159.3%), from €54,475 to €141,245
- Financial charges +€19,328
up €19,328 (+334.3%), from €5,781 to €25,109
- Other operating charges +€7,546
up €7,546 (+297.4%), from €2,537 to €10,083
- Gross operating margin -€4,728
down €4,728 (-53.8%), from -€8,794 to -€13,521
- Financial income -€930
down €930 (-43.9%), from €2,118 to €1,188
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.
Cash bridge derived
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 | €667,478 | €1,448,124 | +€780,646 | +117.0% |
| Fixed assets | 21/28 | €593,465 | €1,297,866 | +€704,402 | +118.7% |
| Intangible fixed assets | 21 | €176,270 | €375,247 | +€198,977 | +112.9% |
| Tangible fixed assets | 22/27 | €416,850 | €656,496 | +€239,647 | +57.5% |
| Land and buildings | 22 | €17,888 | €16,173 | -€1,716 | -9.6% |
| Plant, machinery and equipment | 23 | €367,098 | €534,612 | +€167,513 | +45.6% |
| Furniture and vehicles | 24 | €348 | €13,370 | +€13,022 | +3745.1% |
| Leasing and similar rights | 25 | €31,515 | €92,342 | +€60,827 | +193.0% |
| Financial fixed assets | 28 | €345 | €266,123 | +€265,778 | +77037.1% |
| Current assets | 29/58 | €74,013 | €150,257 | +€76,244 | +103.0% |
| Stocks and contracts in progress | 3 | €5,150 | €1,660 | -€3,490 | -67.8% |
| Stocks | 30/36 | €5,150 | €1,660 | -€3,490 | -67.8% |
| Amounts receivable within one year | 40/41 | €47,053 | €96,675 | +€49,621 | +105.5% |
| Trade receivables | 40 | €10,436 | €94,692 | +€84,256 | +807.4% |
| Other amounts receivable | 41 | €36,618 | €1,983 | -€34,635 | -94.6% |
| Cash at bank and in hand | 54/58 | €21,333 | €46,659 | +€25,326 | +118.7% |
| Deferred charges and accrued income | 490/1 | €477 | €5,264 | +€4,787 | +1003.1% |
| Total equity and liabilities | 10/49 | €667,478 | €1,448,124 | +€780,646 | +117.0% |
| Equity | 10/15 | €490,681 | €824,210 | +€333,529 | +68.0% |
| Contributions | 10/11 | €561,500 | €1,083,800 | +€522,300 | +93.0% |
| Capital | 10 | €561,500 | €1,083,800 | +€522,300 | +93.0% |
| Issued capital | 100 | €561,500 | €1,083,800 | +€522,300 | +93.0% |
| Profit (loss) carried forward | 14 | -€70,819 | -€259,590 | -€188,771 | -266.6% |
| Amounts payable | 17/49 | €176,797 | €623,914 | +€447,117 | +252.9% |
| Amounts payable after more than one year | 17 | €51,078 | €284,571 | +€233,493 | +457.1% |
| Financial debts | 170/4 | €51,078 | €284,571 | +€233,493 | +457.1% |
| Amounts payable within one year | 42/48 | €112,927 | €308,901 | +€195,974 | +173.5% |
| Current portion of amounts payable after more than one year | 42 | €28,349 | €93,394 | +€65,045 | +229.4% |
| Financial debts | 43 | €12,044 | €0 | -€12,044 | -100.0% |
| Other loans | 439 | €12,044 | €0 | -€12,044 | -100.0% |
| Trade debts | 44 | €56,906 | €33,825 | -€23,080 | -40.6% |
| Suppliers | 440/4 | €56,906 | €33,825 | -€23,080 | -40.6% |
| Taxes, remuneration and social security | 45 | €15,629 | €16,682 | +€1,053 | +6.7% |
| Taxes | 450/3 | €15,629 | €16,682 | +€1,053 | +6.7% |
| Other amounts payable | 47/48 | - | €165,000 | +€165,000 | |
| Accrued charges and deferred income | 492/3 | €12,791 | €30,442 | +€17,650 | +138.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €54,475 | €141,245 | +€86,771 | +159.3% |
| Other operating charges | 640/8 | €2,537 | €10,083 | +€7,546 | +297.4% |
| Non-recurring operating charges | 66A | €1,350 | €0 | -€1,350 | -100.0% |
| Gross operating margin | 9900 | -€8,794 | -€13,521 | -€4,728 | -53.8% |
| Operating profit (loss) | 9901 | -€67,156 | -€164,850 | -€97,694 | -145.5% |
| Financial income | 75/76B | €2,118 | €1,188 | -€930 | -43.9% |
| Recurring financial income | 75 | €2,118 | €1,188 | -€930 | -43.9% |
| Financial charges | 65/66B | €5,781 | €25,109 | +€19,328 | +334.3% |
| Recurring financial charges | 65 | €5,781 | €25,109 | +€19,328 | +334.3% |
| Profit (loss) for the period before taxes | 9903 | -€70,819 | -€188,771 | -€117,953 | -166.6% |
| Profit (loss) for the period | 9904 | -€70,819 | -€188,771 | -€117,953 | -166.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€70,819 | -€188,771 | -€117,953 | -166.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 July 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.