WauwWorks: 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.
WauwWorks
Largest movements
- Cash +€3,286
up €3,286 (+4473.0%), from €73 to €3,360
mainly Contributions, distributions and other (+€101,534) and Other debts (+€11,084)
- Receivables within one year +€3,101
up €3,101 (+8.7%), from €35,689 to €38,790
of which Trade receivables: +€5,112
- Deferred charges and accrued income +€475
new in 2025: €475
- Debts after one year -€107,958
no longer reported in 2025 (was €107,958)
- Contributions +€101,534
up €101,534 (+2030.7%), from €5,000 to €106,534
- Other debts +€11,084
up €11,084 (+449.9%), from €2,464 to €13,548
- Advances received -€8,067
down €8,067 (-43.2%), from €18,659 to €10,591
- Trade debts +€6,296
up €6,296 (+177.0%), from €3,558 to €9,854
- Gross operating margin -€647
down €647 (-12.0%), from €5,388 to €4,741
- Other operating charges -€593
down €593 (-49.7%), from €1,194 to €601
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 | €36,103 | €42,778 | +€6,674 | +18.5% |
| Fixed assets | 21/28 | €341 | €153 | -€188 | -55.1% |
| Tangible fixed assets | 22/27 | €341 | €153 | -€188 | -55.1% |
| Plant, machinery and equipment | 23 | €341 | €153 | -€188 | -55.1% |
| Current assets | 29/58 | €35,763 | €42,625 | +€6,862 | +19.2% |
| Amounts receivable within one year | 40/41 | €35,689 | €38,790 | +€3,101 | +8.7% |
| Trade receivables | 40 | €30,530 | €35,642 | +€5,112 | +16.7% |
| Other amounts receivable | 41 | €5,159 | €3,148 | -€2,011 | -39.0% |
| Cash at bank and in hand | 54/58 | €73 | €3,360 | +€3,286 | +4473.0% |
| Deferred charges and accrued income | 490/1 | - | €475 | +€475 | |
| Total equity and liabilities | 10/49 | €36,103 | €42,778 | +€6,674 | +18.5% |
| Equity | 10/15 | -€96,534 | €8,785 | +€105,319 | |
| Contributions | 10/11 | €5,000 | €106,534 | +€101,534 | +2030.7% |
| Profit (loss) carried forward | 14 | -€101,534 | -€97,749 | +€3,785 | +3.7% |
| Amounts payable | 17/49 | €132,638 | €33,993 | -€98,645 | -74.4% |
| Amounts payable after more than one year | 17 | €107,958 | - | -€107,958 | |
| Financial debts | 170/4 | €107,958 | - | -€107,958 | |
| Amounts payable within one year | 42/48 | €24,680 | €33,993 | +€9,313 | +37.7% |
| Trade debts | 44 | €3,558 | €9,854 | +€6,296 | +177.0% |
| Suppliers | 440/4 | €3,558 | €9,854 | +€6,296 | +177.0% |
| Advances received on contracts in progress | 46 | €18,659 | €10,591 | -€8,067 | -43.2% |
| Other amounts payable | 47/48 | €2,464 | €13,548 | +€11,084 | +449.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €188 | €188 | = | 0.0% |
| Other operating charges | 640/8 | €1,194 | €601 | -€593 | -49.7% |
| Gross operating margin | 9900 | €5,388 | €4,741 | -€647 | -12.0% |
| Operating profit (loss) | 9901 | €4,006 | €3,952 | -€54 | -1.3% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €179 | €167 | -€11 | -6.3% |
| Recurring financial charges | 65 | €179 | €167 | -€11 | -6.3% |
| Profit (loss) for the period before taxes | 9903 | €3,827 | €3,785 | -€42 | -1.1% |
| Profit (loss) for the period | 9904 | €3,827 | €3,785 | -€42 | -1.1% |
| Profit (loss) for the period to be appropriated | 9905 | €3,827 | €3,785 | -€42 | -1.1% |
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 6 October 2026 via checked.be.