WAVA RETAIL: 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.
WAVA RETAIL
Largest movements
- Receivables within one year +€247,839
up €247,839 (+105%), from €235,552 to €483,391
of which Other amounts receivable: +€255,145
- Cash -€74,049
down €74,049 (-81.2%), from €91,151 to €17,103
mainly Receivables within one year (-€247,839) and Current portion of long-term debt (-€23,252)
- Tangible fixed assets -€40,815
down €40,815 (-32.9%), from €124,021 to €83,205
of which Furniture and vehicles: -€20,812
- Stocks and contracts -€36,000
down €36,000 (-33.0%), from €108,941 to €72,941
- Trade debts +€52,516
up €52,516 (+31.1%), from €168,972 to €221,488
- Debts after one year +€43,886
new in 2023: €43,886
- Profit (loss) carried forward +€36,957
up €36,957 (+27.2%), from €135,920 to €172,877
- Current portion of long-term debt -€23,252
down €23,252 (-56.6%), from €41,076 to €17,825
- Accrued charges and deferred income -€15,668
down €15,668 (-50.0%), from €31,337 to €15,668
- Staff costs -€73,644
down €73,644 (-50.1%), from €146,849 to €73,205
- Gross operating margin -€43,739
down €43,739 (-19.7%), from €221,955 to €178,216
- Depreciation -€14,349
down €14,349 (-37.9%), from €37,893 to €23,544
- Taxes +€7,695
up €7,695 (+55.6%), from €13,834 to €21,529
- Financial charges +€4,672
up €4,672 (+29.4%), from €15,895 to €20,567
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €560,445 | €657,420 | +€96,974 | +17.3% |
| Fixed assets | 21/28 | €124,801 | €83,985 | -€40,815 | -32.7% |
| Tangible fixed assets | 22/27 | €124,021 | €83,205 | -€40,815 | -32.9% |
| Land and buildings | 22 | €8,126 | €4,500 | -€3,627 | -44.6% |
| Plant, machinery and equipment | 23 | €95,083 | €78,706 | -€16,377 | -17.2% |
| Furniture and vehicles | 24 | €20,812 | - | -€20,812 | |
| Financial fixed assets | 28 | €780 | €780 | = | 0.0% |
| Current assets | 29/58 | €435,645 | €573,434 | +€137,790 | +31.6% |
| Stocks and contracts in progress | 3 | €108,941 | €72,941 | -€36,000 | -33.0% |
| Stocks | 30/36 | €108,941 | €72,941 | -€36,000 | -33.0% |
| Amounts receivable within one year | 40/41 | €235,552 | €483,391 | +€247,839 | +105% |
| Trade receivables | 40 | €8,842 | €1,536 | -€7,306 | -82.6% |
| Other amounts receivable | 41 | €226,710 | €481,855 | +€255,145 | +113% |
| Cash at bank and in hand | 54/58 | €91,151 | €17,103 | -€74,049 | -81.2% |
| Total equity and liabilities | 10/49 | €560,445 | €657,420 | +€96,974 | +17.3% |
| Equity | 10/15 | €156,545 | €193,502 | +€36,957 | +23.6% |
| Contributions | 10/11 | €18,750 | €18,750 | = | 0.0% |
| Capital | 10 | €18,750 | €18,750 | = | 0.0% |
| Issued capital | 100 | €18,750 | €18,750 | = | 0.0% |
| Reserves | 13 | €1,875 | €1,875 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,875 | €1,875 | = | 0.0% |
| Legal reserve | 130 | €1,875 | €1,875 | = | 0.0% |
| Profit (loss) carried forward | 14 | €135,920 | €172,877 | +€36,957 | +27.2% |
| Amounts payable | 17/49 | €403,901 | €463,918 | +€60,017 | +14.9% |
| Amounts payable after more than one year | 17 | - | €43,886 | +€43,886 | |
| Financial debts | 170/4 | - | €43,886 | +€43,886 | |
| Amounts payable within one year | 42/48 | €372,564 | €404,364 | +€31,800 | +8.5% |
| Current portion of amounts payable after more than one year | 42 | €41,076 | €17,825 | -€23,252 | -56.6% |
| Financial debts | 43 | €125,000 | €125,000 | = | 0.0% |
| Credit institutions | 430/8 | €125,000 | €125,000 | = | 0.0% |
| Trade debts | 44 | €168,972 | €221,488 | +€52,516 | +31.1% |
| Suppliers | 440/4 | €168,972 | €221,488 | +€52,516 | +31.1% |
| Taxes, remuneration and social security | 45 | €37,516 | €40,050 | +€2,535 | +6.8% |
| Taxes | 450/3 | €37,516 | €40,050 | +€2,535 | +6.8% |
| Accrued charges and deferred income | 492/3 | €31,337 | €15,668 | -€15,668 | -50.0% |
| Non-recurring operating income | 76A | - | €688 | +€688 | |
| Remuneration, social security and pensions | 62 | €146,849 | €73,205 | -€73,644 | -50.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,893 | €23,544 | -€14,349 | -37.9% |
| Other operating charges | 640/8 | €256 | €2,415 | +€2,159 | +844% |
| Gross operating margin | 9900 | €221,955 | €178,216 | -€43,739 | -19.7% |
| Operating profit (loss) | 9901 | €36,957 | €79,053 | +€42,096 | +114% |
| Financial charges | 65/66B | €15,895 | €20,567 | +€4,672 | +29.4% |
| Recurring financial charges | 65 | €15,895 | €20,567 | +€4,672 | +29.4% |
| Profit (loss) for the period before taxes | 9903 | €21,062 | €58,486 | +€37,424 | +178% |
| Income taxes | 67/77 | €13,834 | €21,529 | +€7,695 | +55.6% |
| Profit (loss) for the period | 9904 | €7,228 | €36,957 | +€29,729 | +411% |
| Profit (loss) for the period to be appropriated | 9905 | €7,228 | €36,957 | +€29,729 | +411% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.