WASYL: 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.
WASYL
Largest movements
- Tangible fixed assets -€14,958
down €14,958 (-8.2%), from €181,984 to €167,025
of which Other tangible fixed assets: -€21,063
- Cash +€9,183
up €9,183 (+85.6%), from €10,722 to €19,905
mainly Other debts (+€86,389) and Advances received (+€66,550)
- Receivables within one year -€4,252
down €4,252 (-4.4%), from €95,849 to €91,597
of which Trade receivables: -€2,757
- Reserves -€141,983
down €141,983 (-100%), from €141,983 to €0
- Other debts +€86,389
up €86,389 (+300%), from €28,793 to €115,181
- Advances received +€66,550
new in 2025: €66,550
- Short-term financial debts -€11,125
down €11,125 (-55.8%), from €19,922 to €8,797
- Debts after one year -€8,597
down €8,597 (-19.9%), from €43,110 to €34,513
- Gross operating margin -€112,830
down €112,830 (-67.1%), from €168,093 to €55,262
- Taxes -€24,213
down €24,213 (-84.6%), from €28,604 to €4,392
- Depreciation +€2,527
up €2,527 (+9.4%), from €26,963 to €29,490
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 | €288,706 | €278,679 | -€10,027 | -3.5% |
| Fixed assets | 21/28 | €182,135 | €167,176 | -€14,958 | -8.2% |
| Tangible fixed assets | 22/27 | €181,984 | €167,025 | -€14,958 | -8.2% |
| Furniture and vehicles | 24 | €16,196 | €22,300 | +€6,104 | +37.7% |
| Other tangible fixed assets | 26 | €165,788 | €144,725 | -€21,063 | -12.7% |
| Financial fixed assets | 28 | €151 | €151 | = | 0.0% |
| Current assets | 29/58 | €106,571 | €111,502 | +€4,931 | +4.6% |
| Amounts receivable within one year | 40/41 | €95,849 | €91,597 | -€4,252 | -4.4% |
| Trade receivables | 40 | €3,216 | €459 | -€2,757 | -85.7% |
| Other amounts receivable | 41 | €92,633 | €91,138 | -€1,495 | -1.6% |
| Cash at bank and in hand | 54/58 | €10,722 | €19,905 | +€9,183 | +85.6% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €288,706 | €278,679 | -€10,027 | -3.5% |
| Equity | 10/15 | €160,583 | €18,600 | -€141,983 | -88.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €141,983 | €0 | -€141,983 | -100% |
| Distributable reserves | 133 | €141,983 | €0 | -€141,983 | -100% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €128,122 | €260,079 | +€131,956 | +103% |
| Amounts payable after more than one year | 17 | €43,110 | €34,513 | -€8,597 | -19.9% |
| Financial debts | 170/4 | €43,110 | €34,513 | -€8,597 | -19.9% |
| Amounts payable within one year | 42/48 | €85,013 | €225,566 | +€140,553 | +165% |
| Current portion of amounts payable after more than one year | 42 | €8,511 | €8,597 | +€86 | +1.0% |
| Financial debts | 43 | €19,922 | €8,797 | -€11,125 | -55.8% |
| Credit institutions | 430/8 | €19,922 | €8,797 | -€11,125 | -55.8% |
| Trade debts | 44 | €4,761 | €2,424 | -€2,337 | -49.1% |
| Suppliers | 440/4 | €4,761 | €2,424 | -€2,337 | -49.1% |
| Advances received on contracts in progress | 46 | - | €66,550 | +€66,550 | |
| Taxes, remuneration and social security | 45 | €23,027 | €24,017 | +€990 | +4.3% |
| Taxes | 450/3 | €21,977 | €22,963 | +€986 | +4.5% |
| Remuneration and social security | 454/9 | €1,050 | €1,054 | +€4 | +0.4% |
| Other amounts payable | 47/48 | €28,793 | €115,181 | +€86,389 | +300% |
| Remuneration, social security and pensions | 62 | €14,145 | €14,351 | +€207 | +1.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,963 | €29,490 | +€2,527 | +9.4% |
| Other operating charges | 640/8 | €1,896 | €1,507 | -€389 | -20.5% |
| Gross operating margin | 9900 | €168,093 | €55,262 | -€112,830 | -67.1% |
| Operating profit (loss) | 9901 | €125,090 | €9,914 | -€115,176 | -92.1% |
| Financial income | 75/76B | €25 | €0 | -€25 | -100% |
| Recurring financial income | 75 | €25 | €0 | -€25 | -100% |
| Financial charges | 65/66B | €1,190 | €1,250 | +€60 | +5.0% |
| Recurring financial charges | 65 | €1,190 | €1,250 | +€60 | +5.0% |
| Profit (loss) for the period before taxes | 9903 | €123,925 | €8,664 | -€115,261 | -93.0% |
| Income taxes | 67/77 | €28,604 | €4,392 | -€24,213 | -84.6% |
| Profit (loss) for the period | 9904 | €95,320 | €4,272 | -€91,048 | -95.5% |
| Profit (loss) for the period to be appropriated | 9905 | €95,320 | €4,272 | -€91,048 | -95.5% |
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 24 October 2026 via checked.be.