WAUCOMONT: 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.
WAUCOMONT
Largest movements
- Cash +€225,587
up €225,587 (+14.5%), from €1.6m to €1.8m
mainly Net result for the year (+€713,613) and Advances received (+€215,120)
- Tangible fixed assets -€61,703
down €61,703 (-23.0%), from €267,935 to €206,232
of which Other tangible fixed assets: -€36,945
- Receivables within one year -€30,023
down €30,023 (-23.3%), from €129,012 to €98,990
of which Trade receivables: -€28,202
- Advances received +€215,120
up €215,120 (+24.2%), from €887,380 to €1.1m
- Reserves -€100,000
down €100,000 (-14.8%), from €675,212 to €575,212
of which Distributable reserves: -€100,000
- Gross operating margin +€291,989
up €291,989 (+27.0%), from €1.1m to €1.4m
- Taxes +€89,944
up €89,944 (+55.8%), from €161,081 to €251,024
- Write-downs -€33,383
down €33,383, from €16,692 to -€16,692
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 | €1,976,908 | €2,127,199 | +€150,291 | +7.6% |
| Fixed assets | 21/28 | €278,642 | €215,926 | -€62,716 | -22.5% |
| Intangible fixed assets | 21 | €1,481 | €469 | -€1,013 | -68.4% |
| Tangible fixed assets | 22/27 | €267,935 | €206,232 | -€61,703 | -23.0% |
| Furniture and vehicles | 24 | €68,659 | €43,900 | -€24,759 | -36.1% |
| Other tangible fixed assets | 26 | €199,277 | €162,332 | -€36,945 | -18.5% |
| Financial fixed assets | 28 | €9,225 | €9,225 | = | 0.0% |
| Current assets | 29/58 | €1,698,266 | €1,911,273 | +€213,007 | +12.5% |
| Amounts receivable within one year | 40/41 | €129,012 | €98,990 | -€30,023 | -23.3% |
| Trade receivables | 40 | €34,296 | €6,094 | -€28,202 | -82.2% |
| Other amounts receivable | 41 | €94,716 | €92,895 | -€1,821 | -1.9% |
| Cash at bank and in hand | 54/58 | €1,556,968 | €1,782,555 | +€225,587 | +14.5% |
| Deferred charges and accrued income | 490/1 | €12,286 | €29,729 | +€17,443 | +142.0% |
| Total equity and liabilities | 10/49 | €1,976,908 | €2,127,199 | +€150,291 | +7.6% |
| Equity | 10/15 | €739,589 | €660,251 | -€79,337 | -10.7% |
| Contributions | 10/11 | €2,121 | €2,121 | = | 0.0% |
| Reserves | 13 | €675,212 | €575,212 | -€100,000 | -14.8% |
| Non-distributable reserves | 130/1 | €212 | €212 | = | 0.0% |
| Reserves not available under the articles | 1311 | €212 | €212 | = | 0.0% |
| Distributable reserves | 133 | €675,000 | €575,000 | -€100,000 | -14.8% |
| Profit (loss) carried forward | 14 | €62,256 | €82,919 | +€20,663 | +33.2% |
| Amounts payable | 17/49 | €1,237,319 | €1,466,948 | +€229,628 | +18.6% |
| Amounts payable within one year | 42/48 | €1,237,287 | €1,466,810 | +€229,523 | +18.6% |
| Trade debts | 44 | €31,223 | €37,076 | +€5,853 | +18.7% |
| Suppliers | 440/4 | €31,223 | €37,076 | +€5,853 | +18.7% |
| Advances received on contracts in progress | 46 | €887,380 | €1,102,500 | +€215,120 | +24.2% |
| Taxes, remuneration and social security | 45 | €118,684 | €110,214 | -€8,470 | -7.1% |
| Taxes | 450/3 | €78,508 | €72,669 | -€5,839 | -7.4% |
| Remuneration and social security | 454/9 | €40,176 | €37,545 | -€2,631 | -6.5% |
| Other amounts payable | 47/48 | €200,000 | €217,020 | +€17,020 | +8.5% |
| Accrued charges and deferred income | 492/3 | €33 | €138 | +€105 | +323.1% |
| Remuneration, social security and pensions | 62 | €338,135 | €338,171 | +€36 | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €69,588 | €69,008 | -€580 | -0.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €16,692 | -€16,692 | -€33,383 | |
| Other operating charges | 640/8 | €9,978 | €11,342 | +€1,365 | +13.7% |
| Gross operating margin | 9900 | €1,081,069 | €1,373,058 | +€291,989 | +27.0% |
| Operating profit (loss) | 9901 | €646,677 | €971,228 | +€324,551 | +50.2% |
| Financial income | 75/76B | €100 | €1 | -€99 | -98.6% |
| Recurring financial income | 75 | €100 | €1 | -€99 | -98.6% |
| Financial charges | 65/66B | €7,013 | €6,593 | -€420 | -6.0% |
| Recurring financial charges | 65 | €7,013 | €6,593 | -€420 | -6.0% |
| Profit (loss) for the period before taxes | 9903 | €639,764 | €964,637 | +€324,872 | +50.8% |
| Income taxes | 67/77 | €161,081 | €251,024 | +€89,944 | +55.8% |
| Profit (loss) for the period | 9904 | €478,684 | €713,613 | +€234,929 | +49.1% |
| Profit (loss) for the period to be appropriated | 9905 | €478,684 | €713,613 | +€234,929 | +49.1% |
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 11 October 2026 via checked.be.