WASSMUND: 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.
WASSMUND
Largest movements
- Cash +€49,744
up €49,744 (+305%), from €16,309 to €66,053
mainly Other debts (+€63,474) and Net result for the year (+€35,064)
- Tangible fixed assets -€28,533
down €28,533 (-6.3%), from €453,409 to €424,876
of which Land and buildings: -€27,069
- Other debts +€63,474
up €63,474 (+834%), from €7,607 to €71,081
- Reserves -€28,474
down €28,474 (-13.1%), from €217,634 to €189,161
of which Distributable reserves: -€28,474
- Trade debts -€14,341
down €14,341 (-99.4%), from €14,421 to €80
- Gross operating margin +€26,577
up €26,577 (+44.9%), from €59,169 to €85,746
- Taxes +€8,336
up €8,336 (+104%), from €8,019 to €16,355
- Depreciation +€925
up €925 (+3.3%), from €27,608 to €28,533
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 | €475,254 | €492,681 | +€17,427 | +3.7% |
| Fixed assets | 21/28 | €453,409 | €424,876 | -€28,533 | -6.3% |
| Tangible fixed assets | 22/27 | €453,409 | €424,876 | -€28,533 | -6.3% |
| Land and buildings | 22 | €435,354 | €408,284 | -€27,069 | -6.2% |
| Plant, machinery and equipment | 23 | €18,055 | €16,592 | -€1,463 | -8.1% |
| Current assets | 29/58 | €21,845 | €67,805 | +€45,960 | +210% |
| Amounts receivable within one year | 40/41 | €3,681 | €645 | -€3,036 | -82.5% |
| Other amounts receivable | 41 | €3,681 | €645 | -€3,036 | -82.5% |
| Cash at bank and in hand | 54/58 | €16,309 | €66,053 | +€49,744 | +305% |
| Deferred charges and accrued income | 490/1 | €1,855 | €1,106 | -€749 | -40.4% |
| Total equity and liabilities | 10/49 | €475,254 | €492,681 | +€17,427 | +3.7% |
| Equity | 10/15 | €440,876 | €412,466 | -€28,410 | -6.4% |
| Contributions | 10/11 | €267,589 | €267,589 | = | 0.0% |
| Reserves | 13 | €217,634 | €189,161 | -€28,474 | -13.1% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €217,634 | €189,161 | -€28,474 | -13.1% |
| Profit (loss) carried forward | 14 | -€44,348 | -€44,284 | +€64 | +0.1% |
| Amounts payable | 17/49 | €34,378 | €80,216 | +€45,837 | +133% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €28,514 | €74,660 | +€46,146 | +162% |
| Current portion of amounts payable after more than one year | 42 | €4,787 | €0 | -€4,787 | -100% |
| Trade debts | 44 | €14,421 | €80 | -€14,341 | -99.4% |
| Suppliers | 440/4 | €14,421 | €80 | -€14,341 | -99.4% |
| Taxes, remuneration and social security | 45 | €1,700 | €3,500 | +€1,800 | +106% |
| Taxes | 450/3 | €1,700 | €3,500 | +€1,800 | +106% |
| Other amounts payable | 47/48 | €7,607 | €71,081 | +€63,474 | +834% |
| Accrued charges and deferred income | 492/3 | €5,864 | €5,555 | -€309 | -5.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,608 | €28,533 | +€925 | +3.3% |
| Other operating charges | 640/8 | €4,775 | €4,893 | +€118 | +2.5% |
| Gross operating margin | 9900 | €59,169 | €85,746 | +€26,577 | +44.9% |
| Operating profit (loss) | 9901 | €26,785 | €52,320 | +€25,535 | +95.3% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €1,515 | €904 | -€612 | -40.4% |
| Recurring financial charges | 65 | €1,515 | €904 | -€612 | -40.4% |
| Profit (loss) for the period before taxes | 9903 | €25,270 | €51,418 | +€26,148 | +103% |
| Income taxes | 67/77 | €8,019 | €16,355 | +€8,336 | +104% |
| Profit (loss) for the period | 9904 | €17,251 | €35,064 | +€17,812 | +103% |
| Profit (loss) for the period to be appropriated | 9905 | €17,251 | €35,064 | +€17,812 | +103% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.