Wave.art: 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.
Wave.art
Largest movements
- Receivables within one year +€52,788
up €52,788 (+95.5%), from €55,249 to €108,038
of which Other amounts receivable: +€39,292
- Cash +€4,011
up €4,011 (+1002847.5%), from €0 to €4,012
mainly Trade debts (+€33,960) and Tax, wage and social debts (+€11,293)
- Tangible fixed assets -€2,715
down €2,715 (-18.0%), from €15,061 to €12,346
of which Furniture and vehicles: -€4,333
- Trade debts +€33,960
up €33,960 (+99.3%), from €34,184 to €68,144
- Tax, wage and social debts +€11,293
up €11,293 (+129.3%), from €8,732 to €20,025
- Profit (loss) carried forward +€8,340
up €8,340 (+1269.3%), from €657 to €8,997
- Short-term financial debts +€4,130
new in 2024: €4,130
- Other debts -€3,638
down €3,638 (-100.0%), from €3,638 to €0
- Depreciation +€4,228
up €4,228 (+308.8%), from €1,369 to €5,597
- Gross operating margin -€2,426
down €2,426 (-9.4%), from €25,908 to €23,482
- Financial income +€1,022
new in 2024: €1,022
- Financial charges +€898
up €898 (+597.8%), from €150 to €1,048
- Taxes +€688
up €688 (+7.9%), from €8,732 to €9,420
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €84,311 | €138,395 | +€54,085 | +64.1% |
| Fixed assets | 21/28 | €29,061 | €26,346 | -€2,715 | -9.3% |
| Tangible fixed assets | 22/27 | €15,061 | €12,346 | -€2,715 | -18.0% |
| Plant, machinery and equipment | 23 | €3,144 | €4,762 | +€1,618 | +51.5% |
| Furniture and vehicles | 24 | €11,917 | €7,583 | -€4,333 | -36.4% |
| Financial fixed assets | 28 | €14,000 | €14,000 | = | 0.0% |
| Current assets | 29/58 | €55,250 | €112,050 | +€56,800 | +102.8% |
| Amounts receivable within one year | 40/41 | €55,249 | €108,038 | +€52,788 | +95.5% |
| Trade receivables | 40 | €32,410 | €45,907 | +€13,496 | +41.6% |
| Other amounts receivable | 41 | €22,839 | €62,131 | +€39,292 | +172.0% |
| Cash at bank and in hand | 54/58 | €0 | €4,012 | +€4,011 | +1002847.5% |
| Total equity and liabilities | 10/49 | €84,311 | €138,395 | +€54,085 | +64.1% |
| Equity | 10/15 | €37,757 | €46,097 | +€8,340 | +22.1% |
| Contributions | 10/11 | €22,100 | €22,100 | = | 0.0% |
| Reserves | 13 | €15,000 | €15,000 | = | 0.0% |
| Distributable reserves | 133 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €657 | €8,997 | +€8,340 | +1269.3% |
| Amounts payable | 17/49 | €46,554 | €92,299 | +€45,745 | +98.3% |
| Amounts payable within one year | 42/48 | €46,554 | €92,299 | +€45,745 | +98.3% |
| Financial debts | 43 | - | €4,130 | +€4,130 | |
| Other loans | 439 | - | €4,130 | +€4,130 | |
| Trade debts | 44 | €34,184 | €68,144 | +€33,960 | +99.3% |
| Suppliers | 440/4 | €34,184 | €68,144 | +€33,960 | +99.3% |
| Taxes, remuneration and social security | 45 | €8,732 | €20,025 | +€11,293 | +129.3% |
| Taxes | 450/3 | €8,732 | €20,025 | +€11,293 | +129.3% |
| Other amounts payable | 47/48 | €3,638 | €0 | -€3,638 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,369 | €5,597 | +€4,228 | +308.8% |
| Other operating charges | 640/8 | - | €100 | +€100 | |
| Gross operating margin | 9900 | €25,908 | €23,482 | -€2,426 | -9.4% |
| Operating profit (loss) | 9901 | €24,539 | €17,786 | -€6,753 | -27.5% |
| Financial income | 75/76B | - | €1,022 | +€1,022 | |
| Recurring financial income | 75 | - | €1,022 | +€1,022 | |
| Financial charges | 65/66B | €150 | €1,048 | +€898 | +597.8% |
| Recurring financial charges | 65 | €150 | €1,048 | +€898 | +597.8% |
| Profit (loss) for the period before taxes | 9903 | €24,389 | €17,759 | -€6,629 | -27.2% |
| Income taxes | 67/77 | €8,732 | €9,420 | +€688 | +7.9% |
| Profit (loss) for the period | 9904 | €15,657 | €8,340 | -€7,317 | -46.7% |
| Profit (loss) for the period to be appropriated | 9905 | €15,657 | €8,340 | -€7,317 | -46.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.