Wavanagri: 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.
Wavanagri
Largest movements
- Tangible fixed assets -€129,682
down €129,682 (-11.6%), from €1.1m to €984,239
of which Plant, machinery and equipment: -€69,291
- Stocks and contracts +€14,407
up €14,407 (+134.6%), from €10,708 to €25,115
- Debts after one year -€75,500
down €75,500 (-6.8%), from €1.1m to €1.0m
of which Financial debts: -€75,500
- Advances received -€46,864
down €46,864 (-85.2%), from €55,000 to €8,137
- Trade debts +€12,879
up €12,879 (+64.8%), from €19,882 to €32,761
- Gross operating margin +€62,503
up €62,503 (+83.8%), from €74,580 to €137,083
- Financial charges -€3,577
down €3,577 (-37.5%), from €9,541 to €5,964
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 | €1,165,738 | €1,058,990 | -€106,747 | -9.2% |
| Formation expenses | 20 | €661 | €334 | -€326 | -49.4% |
| Fixed assets | 21/28 | €1,113,920 | €984,239 | -€129,682 | -11.6% |
| Tangible fixed assets | 22/27 | €1,113,920 | €984,239 | -€129,682 | -11.6% |
| Plant, machinery and equipment | 23 | €483,278 | €413,987 | -€69,291 | -14.3% |
| Furniture and vehicles | 24 | €630,643 | €570,252 | -€60,391 | -9.6% |
| Current assets | 29/58 | €51,156 | €74,417 | +€23,261 | +45.5% |
| Stocks and contracts in progress | 3 | €10,708 | €25,115 | +€14,407 | +134.6% |
| Stocks | 30/36 | €10,708 | €25,115 | +€14,407 | +134.6% |
| Amounts receivable within one year | 40/41 | €2,836 | €6,148 | +€3,312 | +116.8% |
| Trade receivables | 40 | €2,836 | €5,585 | +€2,749 | +96.9% |
| Other amounts receivable | 41 | - | €563 | +€563 | |
| Cash at bank and in hand | 54/58 | €15,308 | €11,895 | -€3,413 | -22.3% |
| Deferred charges and accrued income | 490/1 | €22,305 | €31,259 | +€8,954 | +40.1% |
| Total equity and liabilities | 10/49 | €1,165,738 | €1,058,990 | -€106,747 | -9.2% |
| Equity | 10/15 | -€96,221 | -€96,158 | +€63 | +0.1% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€146,221 | -€146,158 | +€63 | 0.0% |
| Amounts payable | 17/49 | €1,261,958 | €1,155,148 | -€106,810 | -8.5% |
| Amounts payable after more than one year | 17 | €1,110,921 | €1,035,421 | -€75,500 | -6.8% |
| Financial debts | 170/4 | €453,000 | €377,500 | -€75,500 | -16.7% |
| Other amounts payable | 178/9 | €657,921 | €657,921 | = | 0.0% |
| Amounts payable within one year | 42/48 | €151,037 | €116,635 | -€34,401 | -22.8% |
| Current portion of amounts payable after more than one year | 42 | €75,500 | €75,500 | = | 0.0% |
| Trade debts | 44 | €19,882 | €32,761 | +€12,879 | +64.8% |
| Suppliers | 440/4 | €19,882 | €32,761 | +€12,879 | +64.8% |
| Advances received on contracts in progress | 46 | €55,000 | €8,137 | -€46,864 | -85.2% |
| Taxes, remuneration and social security | 45 | €655 | €83 | -€572 | -87.4% |
| Taxes | 450/3 | €572 | €83 | -€490 | -85.6% |
| Remuneration and social security | 454/9 | €83 | - | -€83 | |
| Other amounts payable | 47/48 | - | €155 | +€155 | |
| Accrued charges and deferred income | 492/3 | - | €3,091 | +€3,091 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €130,364 | €130,008 | -€356 | -0.3% |
| Other operating charges | 640/8 | €464 | €1,048 | +€583 | +125.5% |
| Gross operating margin | 9900 | €74,580 | €137,083 | +€62,503 | +83.8% |
| Operating profit (loss) | 9901 | -€56,249 | €6,027 | +€62,276 | |
| Financial income | 75/76B | €1 | €0 | -€1 | -96.4% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -96.4% |
| Financial charges | 65/66B | €9,541 | €5,964 | -€3,577 | -37.5% |
| Recurring financial charges | 65 | €9,541 | €5,964 | -€3,577 | -37.5% |
| Profit (loss) for the period before taxes | 9903 | -€65,789 | €63 | +€65,852 | |
| Profit (loss) for the period | 9904 | -€65,789 | €63 | +€65,852 | |
| Profit (loss) for the period to be appropriated | 9905 | -€65,789 | €63 | +€65,852 |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.