WAUW-IT: 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.
WAUW-IT
Largest movements
- Cash +€47,814
up €47,814 (+230%), from €20,752 to €68,566
mainly Net result for the year (+€40,566) and Tax, wage and social debts (+€6,707)
- Tangible fixed assets -€1,402
down €1,402 (-32.8%), from €4,271 to €2,869
- Receivables within one year +€1,060
up €1,060 (+4.1%), from €25,994 to €27,053
- Reserves +€40,566
up €40,566 (+189%), from €21,475 to €62,041
- Tax, wage and social debts +€6,707
up €6,707 (+37.0%), from €18,103 to €24,810
- Gross operating margin +€25,132
up €25,132 (+86.6%), from €29,005 to €54,137
- Taxes +€4,943
up €4,943 (+83.9%), from €5,895 to €10,838
- Financial charges +€656
up €656 (+111%), from €589 to €1,245
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 | €54,195 | €101,904 | +€47,709 | +88.0% |
| Fixed assets | 21/28 | €4,271 | €2,869 | -€1,402 | -32.8% |
| Tangible fixed assets | 22/27 | €4,271 | €2,869 | -€1,402 | -32.8% |
| Plant, machinery and equipment | 23 | €4,271 | €2,869 | -€1,402 | -32.8% |
| Current assets | 29/58 | €49,924 | €99,035 | +€49,112 | +98.4% |
| Amounts receivable within one year | 40/41 | €25,994 | €27,053 | +€1,060 | +4.1% |
| Trade receivables | 40 | €25,994 | €27,053 | +€1,060 | +4.1% |
| Cash at bank and in hand | 54/58 | €20,752 | €68,566 | +€47,814 | +230% |
| Deferred charges and accrued income | 490/1 | €3,178 | €3,416 | +€238 | +7.5% |
| Total equity and liabilities | 10/49 | €54,195 | €101,904 | +€47,709 | +88.0% |
| Equity | 10/15 | €26,475 | €67,041 | +€40,566 | +153% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €21,475 | €62,041 | +€40,566 | +189% |
| Distributable reserves | 133 | €21,475 | €62,041 | +€40,566 | +189% |
| Amounts payable | 17/49 | €27,720 | €34,864 | +€7,144 | +25.8% |
| Amounts payable within one year | 42/48 | €27,720 | €34,864 | +€7,144 | +25.8% |
| Trade debts | 44 | €642 | €645 | +€3 | +0.5% |
| Suppliers | 440/4 | €642 | €645 | +€3 | +0.5% |
| Taxes, remuneration and social security | 45 | €18,103 | €24,810 | +€6,707 | +37.0% |
| Taxes | 450/3 | €18,103 | €24,810 | +€6,707 | +37.0% |
| Other amounts payable | 47/48 | €8,975 | €9,409 | +€434 | +4.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €890 | €1,402 | +€512 | +57.5% |
| Other operating charges | 640/8 | €156 | €191 | +€36 | +22.9% |
| Gross operating margin | 9900 | €29,005 | €54,137 | +€25,132 | +86.6% |
| Operating profit (loss) | 9901 | €27,959 | €52,543 | +€24,584 | +87.9% |
| Financial income | 75/76B | - | €106 | +€106 | |
| Recurring financial income | 75 | - | €106 | +€106 | |
| Financial charges | 65/66B | €589 | €1,245 | +€656 | +111% |
| Recurring financial charges | 65 | €589 | €1,245 | +€656 | +111% |
| Profit (loss) for the period before taxes | 9903 | €27,370 | €51,404 | +€24,034 | +87.8% |
| Income taxes | 67/77 | €5,895 | €10,838 | +€4,943 | +83.9% |
| Profit (loss) for the period | 9904 | €21,475 | €40,566 | +€19,090 | +88.9% |
| Profit (loss) for the period to be appropriated | 9905 | €21,475 | €40,566 | +€19,090 | +88.9% |
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 14 October 2026 via checked.be.