Wastfelt: 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.
Wastfelt
Largest movements
- Receivables within one year +€51,705
up €51,705 (+74.4%), from €69,457 to €121,162
- Cash -€18,107
down €18,107 (-5.3%), from €339,765 to €321,658
mainly Contributions, distributions and other (-€305,052) and Receivables within one year (-€51,705)
- Tangible fixed assets -€5,594
down €5,594 (-14.6%), from €38,217 to €32,624
- Other debts +€126,330
up €126,330 (+64.2%), from €196,752 to €323,082
- Profit (loss) carried forward -€89,246
no longer reported in 2025 (was €89,246)
- Tax, wage and social debts -€10,247
down €10,247 (-32.8%), from €31,213 to €20,966
- Gross operating margin +€61,965
up €61,965 (+26.5%), from €234,228 to €296,194
- Taxes +€14,673
up €14,673 (+27.6%), from €53,147 to €67,820
- Depreciation +€3,462
up €3,462 (+40.6%), from €8,530 to €11,992
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 | €448,766 | €477,873 | +€29,107 | +6.5% |
| Fixed assets | 21/28 | €38,337 | €32,744 | -€5,594 | -14.6% |
| Tangible fixed assets | 22/27 | €38,217 | €32,624 | -€5,594 | -14.6% |
| Furniture and vehicles | 24 | €38,217 | €32,624 | -€5,594 | -14.6% |
| Financial fixed assets | 28 | €120 | €120 | = | 0.0% |
| Current assets | 29/58 | €410,428 | €445,129 | +€34,701 | +8.5% |
| Amounts receivable within one year | 40/41 | €69,457 | €121,162 | +€51,705 | +74.4% |
| Trade receivables | 40 | €69,457 | €121,162 | +€51,705 | +74.4% |
| Cash at bank and in hand | 54/58 | €339,765 | €321,658 | -€18,107 | -5.3% |
| Deferred charges and accrued income | 490/1 | €1,206 | €2,309 | +€1,103 | +91.4% |
| Total equity and liabilities | 10/49 | €448,766 | €477,873 | +€29,107 | +6.5% |
| Equity | 10/15 | €220,178 | €130,933 | -€89,246 | -40.5% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €128,433 | €128,433 | = | 0.0% |
| Distributable reserves | 133 | €128,433 | €128,433 | = | 0.0% |
| Profit (loss) carried forward | 14 | €89,246 | - | -€89,246 | |
| Amounts payable | 17/49 | €228,587 | €346,940 | +€118,352 | +51.8% |
| Amounts payable within one year | 42/48 | €228,587 | €346,940 | +€118,352 | +51.8% |
| Trade debts | 44 | €622 | €2,891 | +€2,269 | +364.7% |
| Suppliers | 440/4 | €622 | €2,891 | +€2,269 | +364.7% |
| Taxes, remuneration and social security | 45 | €31,213 | €20,966 | -€10,247 | -32.8% |
| Taxes | 450/3 | €31,213 | €20,966 | -€10,247 | -32.8% |
| Other amounts payable | 47/48 | €196,752 | €323,082 | +€126,330 | +64.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,530 | €11,992 | +€3,462 | +40.6% |
| Other operating charges | 640/8 | €621 | €501 | -€120 | -19.3% |
| Gross operating margin | 9900 | €234,228 | €296,194 | +€61,965 | +26.5% |
| Operating profit (loss) | 9901 | €225,078 | €283,701 | +€58,623 | +26.0% |
| Financial income | 75/76B | €46 | - | -€46 | |
| Recurring financial income | 75 | €46 | - | -€46 | |
| Non-recurring financial income | 76B | €46 | - | -€46 | |
| Financial charges | 65/66B | €214 | €75 | -€139 | -65.0% |
| Recurring financial charges | 65 | €214 | €75 | -€139 | -65.0% |
| Profit (loss) for the period before taxes | 9903 | €224,910 | €283,626 | +€58,716 | +26.1% |
| Income taxes | 67/77 | €53,147 | €67,820 | +€14,673 | +27.6% |
| Profit (loss) for the period | 9904 | €171,763 | €215,807 | +€44,043 | +25.6% |
| Profit (loss) for the period to be appropriated | 9905 | €171,763 | €215,807 | +€44,043 | +25.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.