WATEA: 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.
WATEA
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Profit (loss) carried forward -€1,235
down €1,235 (-0.1%), from -€1.1m to -€1.1m
- Trade debts +€970
up €970 (+358.4%), from €271 to €1,241
- Other debts +€265
up €265 (0.0%), from €964,452 to €964,717
- Financial charges -€1.1m
no longer reported in 2024 (was €1.1m)
of which Non-recurring financial charges: -€1.1m
- Gross operating margin -€47,227
down €47,227, from €45,991 to -€1,235
- Purchases and services -€16,755
down €16,755 (-93.1%), from €17,991 to €1,235
From the 2023 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.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,128 | €4,128 | = | 0.0% |
| Fixed assets | 21/28 | €0 | - | = | |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €4,128 | €4,128 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €4,128 | €4,128 | = | 0.0% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €4,128 | €4,128 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €4,128 | €4,128 | = | 0.0% |
| Equity | 10/15 | -€960,595 | -€961,830 | -€1,235 | -0.1% |
| Contributions | 10/11 | €150,000 | €150,000 | = | 0.0% |
| Capital | 10 | €150,000 | €150,000 | = | 0.0% |
| Issued capital | 100 | €150,000 | €150,000 | = | 0.0% |
| Reserves | 13 | €466 | €466 | = | 0.0% |
| Non-distributable reserves | 130/1 | €466 | €466 | = | 0.0% |
| Legal reserve | 130 | €466 | €466 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,111,061 | -€1,112,296 | -€1,235 | -0.1% |
| Amounts payable | 17/49 | €964,722 | €965,958 | +€1,235 | +0.1% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €964,722 | €965,958 | +€1,235 | +0.1% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €271 | €1,241 | +€970 | +358.4% |
| Suppliers | 440/4 | €271 | €1,241 | +€970 | +358.4% |
| Other amounts payable | 47/48 | €964,452 | €964,717 | +€265 | 0.0% |
| Non-recurring operating income | 76A | €63,982 | - | -€63,982 | |
| Goods, raw materials, services and sundry goods | 60/61 | €17,991 | €1,235 | -€16,755 | -93.1% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | = | |
| Other operating charges | 640/8 | €128 | - | -€128 | |
| Non-recurring operating charges | 66A | €7,961 | - | -€7,961 | |
| Gross operating margin | 9900 | €45,991 | -€1,235 | -€47,227 | |
| Operating profit (loss) | 9901 | €37,903 | -€1,235 | -€39,139 | |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €1,145,987 | - | -€1.1m | |
| Recurring financial charges | 65 | €6,901 | - | -€6,901 | |
| Non-recurring financial charges | 66B | €1,139,086 | - | -€1.1m | |
| Profit (loss) for the period before taxes | 9903 | -€1,108,083 | -€1,235 | +€1.1m | +99.9% |
| Income taxes | 67/77 | €276 | - | -€276 | |
| Profit (loss) for the period | 9904 | -€1,108,359 | -€1,235 | +€1.1m | +99.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,108,359 | -€1,235 | +€1.1m | +99.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.