WAUCONSTRUCTION: 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.
WAUCONSTRUCTION
Largest movements
- Cash -€4,114
down €4,114 (-58.9%), from €6,982 to €2,868
mainly Net result for the year (-€10,609) and Current portion of long-term debt (-€1,416)
- Receivables within one year -€1,471
down €1,471 (-19.1%), from €7,723 to €6,252
of which Other amounts receivable: -€3,842
- Tangible fixed assets -€987
down €987 (-46.2%), from €2,136 to €1,148
of which Plant, machinery and equipment: -€987
- Profit (loss) carried forward -€10,609
down €10,609 (-76.1%), from -€13,939 to -€24,548
- Trade debts +€4,718
up €4,718 (+73.5%), from €6,422 to €11,140
- Current portion of long-term debt -€1,416
no longer reported in 2025 (was €1,416)
- Other debts +€500
up €500 (+3.3%), from €15,272 to €15,772
- Tax, wage and social debts -€377
down €377 (-20.1%), from €1,877 to €1,500
- Gross operating margin -€14,916
down €14,916, from €7,180 to -€7,736
- Staff costs -€14,590
down €14,590 (-99.5%), from €14,658 to €69
- Depreciation -€4,378
down €4,378 (-80.1%), from €5,469 to €1,090
- Financial charges -€250
down €250 (-55.2%), from €454 to €203
- Other operating charges +€151
up €151 (+12.7%), from €1,188 to €1,339
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 | €20,115 | €13,276 | -€6,838 | -34.0% |
| Fixed assets | 21/28 | €2,239 | €1,148 | -€1,090 | -48.7% |
| Intangible fixed assets | 21 | €103 | €0 | -€103 | -100.0% |
| Tangible fixed assets | 22/27 | €2,136 | €1,148 | -€987 | -46.2% |
| Plant, machinery and equipment | 23 | €2,136 | €1,148 | -€987 | -46.2% |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Leasing and similar rights | 25 | €0 | €0 | = | |
| Current assets | 29/58 | €17,876 | €12,128 | -€5,748 | -32.2% |
| Amounts receivable within one year | 40/41 | €7,723 | €6,252 | -€1,471 | -19.1% |
| Trade receivables | 40 | €2,931 | €5,302 | +€2,371 | +80.9% |
| Other amounts receivable | 41 | €4,792 | €950 | -€3,842 | -80.2% |
| Cash at bank and in hand | 54/58 | €6,982 | €2,868 | -€4,114 | -58.9% |
| Deferred charges and accrued income | 490/1 | €3,171 | €3,008 | -€162 | -5.1% |
| Total equity and liabilities | 10/49 | €20,115 | €13,276 | -€6,838 | -34.0% |
| Equity | 10/15 | -€4,939 | -€15,548 | -€10,609 | -214.8% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €3,000 | €3,000 | = | 0.0% |
| Distributable reserves | 133 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€13,939 | -€24,548 | -€10,609 | -76.1% |
| Amounts payable | 17/49 | €25,054 | €28,825 | +€3,771 | +15.1% |
| Amounts payable within one year | 42/48 | €24,988 | €28,412 | +€3,424 | +13.7% |
| Current portion of amounts payable after more than one year | 42 | €1,416 | - | -€1,416 | |
| Trade debts | 44 | €6,422 | €11,140 | +€4,718 | +73.5% |
| Suppliers | 440/4 | €6,422 | €11,140 | +€4,718 | +73.5% |
| Taxes, remuneration and social security | 45 | €1,877 | €1,500 | -€377 | -20.1% |
| Taxes | 450/3 | €1,877 | €1,500 | -€377 | -20.1% |
| Other amounts payable | 47/48 | €15,272 | €15,772 | +€500 | +3.3% |
| Accrued charges and deferred income | 492/3 | €66 | €412 | +€346 | +527.4% |
| Remuneration, social security and pensions | 62 | €14,658 | €69 | -€14,590 | -99.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,469 | €1,090 | -€4,378 | -80.1% |
| Other operating charges | 640/8 | €1,188 | €1,339 | +€151 | +12.7% |
| Gross operating margin | 9900 | €7,180 | -€7,736 | -€14,916 | |
| Operating profit (loss) | 9901 | -€14,135 | -€10,233 | +€3,901 | +27.6% |
| Financial income | 75/76B | €1 | €0 | -€1 | -95.9% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -95.9% |
| Financial charges | 65/66B | €454 | €203 | -€250 | -55.2% |
| Recurring financial charges | 65 | €454 | €203 | -€250 | -55.2% |
| Profit (loss) for the period before taxes | 9903 | -€14,587 | -€10,436 | +€4,151 | +28.5% |
| Income taxes | 67/77 | €185 | €173 | -€12 | -6.7% |
| Profit (loss) for the period | 9904 | -€14,772 | -€10,609 | +€4,163 | +28.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€14,772 | -€10,609 | +€4,163 | +28.2% |
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 9 October 2026 via checked.be.