WASSIM FISH: 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.
WASSIM FISH
Largest movements
- Tangible fixed assets +€2,500
up €2,500 (+15.3%), from €16,375 to €18,875
of which Furniture and vehicles: +€3,110
- Stocks and contracts +€2,100
up €2,100 (+9.5%), from €22,160 to €24,260
- Cash -€1,388
down €1,388 (-64.1%), from €2,165 to €777
- Profit (loss) carried forward -€28,725
down €28,725, from €16,120 to -€12,605
- Trade debts +€21,974
up €21,974 (+371%), from €5,915 to €27,889
- Contributions +€11,900
up €11,900 (+178%), from €6,700 to €18,600
- Other debts -€4,045
down €4,045 (-35.8%), from €11,307 to €7,262
- Tax, wage and social debts +€2,108
up €2,108 (+320%), from €658 to €2,766
of which Remuneration and social security: +€2,766
- Turnover +€315,415
new in 2024: €315,415
- Gross operating margin -€12,014
down €12,014 (-22.4%), from €53,723 to €41,709
- Staff costs -€6,165
down €6,165 (-17.7%), from €34,738 to €28,573
From the 2022 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.
Derived cash bridge
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2022 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €40,700 | €43,912 | +€3,212 | +7.9% |
| Fixed assets | 21/28 | €16,375 | €18,875 | +€2,500 | +15.3% |
| Tangible fixed assets | 22/27 | €16,375 | €18,875 | +€2,500 | +15.3% |
| Plant, machinery and equipment | 23 | €774 | €164 | -€610 | -78.8% |
| Furniture and vehicles | 24 | €15,601 | €18,711 | +€3,110 | +19.9% |
| Current assets | 29/58 | €24,325 | €25,037 | +€712 | +2.9% |
| Stocks and contracts in progress | 3 | €22,160 | €24,260 | +€2,100 | +9.5% |
| Stocks | 30/36 | €22,160 | €24,260 | +€2,100 | +9.5% |
| Cash at bank and in hand | 54/58 | €2,165 | €777 | -€1,388 | -64.1% |
| Total equity and liabilities | 10/49 | €40,700 | €43,912 | +€3,212 | +7.9% |
| Equity | 10/15 | €22,820 | €5,995 | -€16,825 | -73.7% |
| Contributions | 10/11 | €6,700 | €18,600 | +€11,900 | +178% |
| Capital | 10 | €6,700 | €18,600 | +€11,900 | +178% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €11,900 | - | -€11,900 | |
| Profit (loss) carried forward | 14 | €16,120 | -€12,605 | -€28,725 | |
| Amounts payable | 17/49 | €17,880 | €37,917 | +€20,037 | +112% |
| Amounts payable within one year | 42/48 | €17,880 | €37,917 | +€20,037 | +112% |
| Trade debts | 44 | €5,915 | €27,889 | +€21,974 | +371% |
| Suppliers | 440/4 | €5,915 | €27,889 | +€21,974 | +371% |
| Taxes, remuneration and social security | 45 | €658 | €2,766 | +€2,108 | +320% |
| Taxes | 450/3 | €658 | - | -€658 | |
| Remuneration and social security | 454/9 | - | €2,766 | +€2,766 | |
| Other amounts payable | 47/48 | €11,307 | €7,262 | -€4,045 | -35.8% |
| Turnover | 70 | - | €315,415 | +€315,415 | |
| Remuneration, social security and pensions | 62 | €34,738 | €28,573 | -€6,165 | -17.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,958 | €5,304 | -€1,654 | -23.8% |
| Other operating charges | 640/8 | €2,395 | €4,980 | +€2,585 | +108% |
| Gross operating margin | 9900 | €53,723 | €41,709 | -€12,014 | -22.4% |
| Operating profit (loss) | 9901 | €9,632 | €2,852 | -€6,780 | -70.4% |
| Financial charges | 65/66B | €113 | €137 | +€24 | +21.2% |
| Recurring financial charges | 65 | €113 | €137 | +€24 | +21.2% |
| Profit (loss) for the period before taxes | 9903 | €9,519 | €2,715 | -€6,804 | -71.5% |
| Profit (loss) for the period | 9904 | €9,519 | €2,715 | -€6,804 | -71.5% |
| Profit (loss) for the period to be appropriated | 9905 | €9,519 | €2,715 | -€6,804 | -71.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.