WAUTERS: 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.
WAUTERS
Largest movements
- Cash -€12,360
down €12,360 (-59.3%), from €20,835 to €8,475
mainly Other debts (-€15,177) and Tax, wage and social debts (-€3,297)
- Deferred charges and accrued income -€1,413
down €1,413 (-96.9%), from €1,459 to €46
- Receivables within one year -€661
no longer reported in 2025 (was €661)
- Tangible fixed assets -€247
no longer reported in 2025 (was €247)
- Other debts -€15,177
down €15,177 (-25.8%), from €58,794 to €43,616
- Profit (loss) carried forward +€4,828
up €4,828 (+7.9%), from -€60,953 to -€56,125
- Tax, wage and social debts -€3,297
down €3,297 (-66.7%), from €4,940 to €1,643
- Trade debts -€1,034
down €1,034 (-56.8%), from €1,821 to €787
- Gross operating margin +€16,292
up €16,292, from -€10,364 to €5,928
- Taxes -€685
down €685, from €357 to -€328
- Other operating charges +€421
up €421 (+67.2%), from €626 to €1,047
- Depreciation -€198
no longer reported in 2025 (was €198)
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 | €23,202 | €8,521 | -€14,681 | -63.3% |
| Fixed assets | 21/28 | €247 | - | -€247 | |
| Tangible fixed assets | 22/27 | €247 | - | -€247 | |
| Plant, machinery and equipment | 23 | €247 | - | -€247 | |
| Current assets | 29/58 | €22,955 | €8,521 | -€14,434 | -62.9% |
| Amounts receivable within one year | 40/41 | €661 | - | -€661 | |
| Other amounts receivable | 41 | €661 | - | -€661 | |
| Cash at bank and in hand | 54/58 | €20,835 | €8,475 | -€12,360 | -59.3% |
| Deferred charges and accrued income | 490/1 | €1,459 | €46 | -€1,413 | -96.9% |
| Total equity and liabilities | 10/49 | €23,202 | €8,521 | -€14,681 | -63.3% |
| Equity | 10/15 | -€42,353 | -€37,525 | +€4,828 | +11.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€60,953 | -€56,125 | +€4,828 | +7.9% |
| Amounts payable | 17/49 | €65,555 | €46,046 | -€19,509 | -29.8% |
| Amounts payable within one year | 42/48 | €65,555 | €46,046 | -€19,509 | -29.8% |
| Trade debts | 44 | €1,821 | €787 | -€1,034 | -56.8% |
| Suppliers | 440/4 | €1,821 | €787 | -€1,034 | -56.8% |
| Taxes, remuneration and social security | 45 | €4,940 | €1,643 | -€3,297 | -66.7% |
| Taxes | 450/3 | €4,940 | €1,643 | -€3,297 | -66.7% |
| Other amounts payable | 47/48 | €58,794 | €43,616 | -€15,177 | -25.8% |
| Non-recurring operating income | 76A | - | €14,215 | +€14,215 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €198 | - | -€198 | |
| Other operating charges | 640/8 | €626 | €1,047 | +€421 | +67.2% |
| Non-recurring operating charges | 66A | - | €247 | +€247 | |
| Gross operating margin | 9900 | -€10,364 | €5,928 | +€16,292 | |
| Operating profit (loss) | 9901 | -€11,188 | €4,634 | +€15,822 | |
| Financial charges | 65/66B | €135 | €134 | -€0 | -0.2% |
| Recurring financial charges | 65 | €135 | €134 | -€0 | -0.2% |
| Profit (loss) for the period before taxes | 9903 | -€11,322 | €4,500 | +€15,822 | |
| Income taxes | 67/77 | €357 | -€328 | -€685 | |
| Profit (loss) for the period | 9904 | -€11,680 | €4,828 | +€16,507 | |
| Profit (loss) for the period to be appropriated | 9905 | -€11,680 | €4,828 | +€16,507 |
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.