WAUKINT: 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.
WAUKINT
Largest movements
- Current investments -€121,631
no longer reported in 2025 (was €121,631)
- Receivables within one year +€92,327
up €92,327 (+77.7%), from €118,776 to €211,104
of which Other amounts receivable: +€90,045
- Financial fixed assets +€5,929
up €5,929 (+5.8%), from €102,127 to €108,056
- Other debts -€65,365
down €65,365 (-19.7%), from €331,128 to €265,763
- Profit (loss) carried forward +€41,783
up €41,783 (+10.2%), from -€410,879 to -€369,097
- Financial income +€27,254
up €27,254 (+182%), from €15,002 to €42,255
- Financial charges +€10,980
up €10,980 (+4,833%), from €227 to €11,207
of which Non-recurring financial charges: +€10,999
- Gross operating margin +€2,228
up €2,228 (+12.4%), from €17,965 to €20,193
- Depreciation +€407
up €407 (+6.1%), from €6,643 to €7,049
- Other operating charges +€331
up €331 (+29.4%), from €1,127 to €1,458
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 | €405,776 | €382,260 | -€23,516 | -5.8% |
| Fixed assets | 21/28 | €155,640 | €159,554 | +€3,914 | +2.5% |
| Tangible fixed assets | 22/27 | €53,513 | €51,498 | -€2,015 | -3.8% |
| Furniture and vehicles | 24 | €7,877 | €5,419 | -€2,458 | -31.2% |
| Other tangible fixed assets | 26 | €45,636 | €46,079 | +€443 | +1.0% |
| Financial fixed assets | 28 | €102,127 | €108,056 | +€5,929 | +5.8% |
| Current assets | 29/58 | €250,136 | €222,706 | -€27,430 | -11.0% |
| Amounts receivable within one year | 40/41 | €118,776 | €211,104 | +€92,327 | +77.7% |
| Trade receivables | 40 | €41,156 | €43,438 | +€2,282 | +5.5% |
| Other amounts receivable | 41 | €77,621 | €167,665 | +€90,045 | +116% |
| Current investments | 50/53 | €121,631 | - | -€121,631 | |
| Cash at bank and in hand | 54/58 | €4,704 | €7,633 | +€2,929 | +62.3% |
| Deferred charges and accrued income | 490/1 | €5,025 | €3,969 | -€1,056 | -21.0% |
| Total equity and liabilities | 10/49 | €405,776 | €382,260 | -€23,516 | -5.8% |
| Equity | 10/15 | €69,796 | €111,578 | +€41,783 | +59.9% |
| Contributions | 10/11 | €461,900 | €461,900 | = | 0.0% |
| Capital | 10 | €461,900 | €461,900 | = | 0.0% |
| Issued capital | 100 | €461,900 | €461,900 | = | 0.0% |
| Reserves | 13 | €18,775 | €18,775 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,901 | €3,901 | = | 0.0% |
| Legal reserve | 130 | €3,901 | €3,901 | = | 0.0% |
| Tax-exempt reserves | 132 | €14,874 | €14,874 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€410,879 | -€369,097 | +€41,783 | +10.2% |
| Amounts payable | 17/49 | €335,980 | €270,681 | -€65,299 | -19.4% |
| Amounts payable within one year | 42/48 | €334,065 | €270,187 | -€63,879 | -19.1% |
| Trade debts | 44 | €2,431 | €4,424 | +€1,993 | +82.0% |
| Suppliers | 440/4 | €2,431 | €4,424 | +€1,993 | +82.0% |
| Taxes, remuneration and social security | 45 | €507 | - | -€507 | |
| Taxes | 450/3 | €507 | - | -€507 | |
| Other amounts payable | 47/48 | €331,128 | €265,763 | -€65,365 | -19.7% |
| Accrued charges and deferred income | 492/3 | €1,915 | €494 | -€1,420 | -74.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,643 | €7,049 | +€407 | +6.1% |
| Other operating charges | 640/8 | €1,127 | €1,458 | +€331 | +29.4% |
| Gross operating margin | 9900 | €17,965 | €20,193 | +€2,228 | +12.4% |
| Operating profit (loss) | 9901 | €10,195 | €11,685 | +€1,490 | +14.6% |
| Financial income | 75/76B | €15,002 | €42,255 | +€27,254 | +182% |
| Recurring financial income | 75 | €15,002 | €42,255 | +€27,254 | +182% |
| Financial charges | 65/66B | €227 | €11,207 | +€10,980 | +4,833% |
| Recurring financial charges | 65 | €227 | €207 | -€20 | -8.7% |
| Non-recurring financial charges | 66B | - | €10,999 | +€10,999 | |
| Profit (loss) for the period before taxes | 9903 | €24,970 | €42,734 | +€17,764 | +71.1% |
| Income taxes | 67/77 | €988 | €951 | -€37 | -3.8% |
| Profit (loss) for the period | 9904 | €23,981 | €41,783 | +€17,801 | +74.2% |
| Profit (loss) for the period to be appropriated | 9905 | €23,981 | €41,783 | +€17,801 | +74.2% |
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 18 October 2026 via checked.be.