WaVee: 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.
WaVee
Largest movements
- Cash +€28,699
up €28,699 (+104.3%), from €27,519 to €56,218
mainly Net result for the year (+€28,143) and Other debts (+€5,000)
- Receivables within one year +€3,791
up €3,791 (+350.1%), from €1,083 to €4,874
- Reserves +€23,143
up €23,143 (+103.9%), from €22,264 to €45,407
- Other debts +€5,000
new in 2024: €5,000
- Tax, wage and social debts +€1,890
up €1,890 (+32.9%), from €5,742 to €7,632
- Contributions +€1,500
new in 2024: €1,500
- Trade debts +€958
up €958 (+160.9%), from €595 to €1,553
- Gross operating margin +€5,422
up €5,422 (+18.1%), from €30,030 to €35,452
- Depreciation -€896
no longer reported in 2024 (was €896)
- Taxes +€443
up €443 (+7.0%), from €6,325 to €6,768
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 | €28,601 | €61,092 | +€32,490 | +113.6% |
| Current assets | 29/58 | €28,601 | €61,092 | +€32,490 | +113.6% |
| Amounts receivable within one year | 40/41 | €1,083 | €4,874 | +€3,791 | +350.1% |
| Other amounts receivable | 41 | €1,083 | €4,874 | +€3,791 | +350.1% |
| Cash at bank and in hand | 54/58 | €27,519 | €56,218 | +€28,699 | +104.3% |
| Total equity and liabilities | 10/49 | €28,601 | €61,092 | +€32,490 | +113.6% |
| Equity | 10/15 | €22,264 | €46,907 | +€24,643 | +110.7% |
| Contributions | 10/11 | - | €1,500 | +€1,500 | |
| Reserves | 13 | €22,264 | €45,407 | +€23,143 | +103.9% |
| Distributable reserves | 133 | €22,264 | €45,407 | +€23,143 | +103.9% |
| Amounts payable | 17/49 | €6,337 | €14,185 | +€7,848 | +123.8% |
| Amounts payable within one year | 42/48 | €6,337 | €14,185 | +€7,848 | +123.8% |
| Trade debts | 44 | €595 | €1,553 | +€958 | +160.9% |
| Suppliers | 440/4 | €595 | €1,553 | +€958 | +160.9% |
| Taxes, remuneration and social security | 45 | €5,742 | €7,632 | +€1,890 | +32.9% |
| Taxes | 450/3 | €5,742 | €7,632 | +€1,890 | +32.9% |
| Other amounts payable | 47/48 | - | €5,000 | +€5,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €896 | - | -€896 | |
| Other operating charges | 640/8 | €379 | €518 | +€139 | +36.7% |
| Gross operating margin | 9900 | €30,030 | €35,452 | +€5,422 | +18.1% |
| Operating profit (loss) | 9901 | €28,755 | €34,934 | +€6,179 | +21.5% |
| Financial income | 75/76B | €45 | €131 | +€86 | +192.5% |
| Recurring financial income | 75 | €45 | €131 | +€86 | +192.5% |
| Financial charges | 65/66B | €211 | €155 | -€56 | -26.6% |
| Recurring financial charges | 65 | €211 | €155 | -€56 | -26.6% |
| Profit (loss) for the period before taxes | 9903 | €28,589 | €34,910 | +€6,321 | +22.1% |
| Income taxes | 67/77 | €6,325 | €6,768 | +€443 | +7.0% |
| Profit (loss) for the period | 9904 | €22,264 | €28,143 | +€5,878 | +26.4% |
| Profit (loss) for the period to be appropriated | 9905 | €22,264 | €28,143 | +€5,878 | +26.4% |
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 28 September 2026 via checked.be.