WAWI GROUP: 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.
WAWI GROUP
Largest movements
- Receivables within one year +€14,966
up €14,966 (+97.3%), from €15,381 to €30,347
of which Trade receivables: +€14,938
- Cash -€5,815
down €5,815 (-13.9%), from €41,981 to €36,166
mainly Contributions, distributions and other (-€38,972) and Receivables within one year (-€14,966)
- Tangible fixed assets -€2,295
down €2,295 (-3.8%), from €59,650 to €57,355
of which Land and buildings: -€3,657
- Other debts +€10,516
up €10,516 (+21.2%), from €49,581 to €60,097
- Debts after one year -€3,660
down €3,660 (-9.5%), from €38,674 to €35,014
- Gross operating margin +€6,641
up €6,641 (+13.2%), from €50,429 to €57,071
- Taxes +€1,170
up €1,170 (+12.2%), from €9,563 to €10,733
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.
Derived cash bridge
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 | €120,917 | €127,759 | +€6,842 | +5.7% |
| Fixed assets | 21/28 | €59,650 | €57,355 | -€2,295 | -3.8% |
| Tangible fixed assets | 22/27 | €59,650 | €57,355 | -€2,295 | -3.8% |
| Land and buildings | 22 | €58,051 | €54,394 | -€3,657 | -6.3% |
| Furniture and vehicles | 24 | €233 | €1,823 | +€1,591 | +683% |
| Other tangible fixed assets | 26 | €1,366 | €1,137 | -€229 | -16.7% |
| Current assets | 29/58 | €61,268 | €70,405 | +€9,137 | +14.9% |
| Amounts receivable within one year | 40/41 | €15,381 | €30,347 | +€14,966 | +97.3% |
| Trade receivables | 40 | €15,377 | €30,315 | +€14,938 | +97.1% |
| Other amounts receivable | 41 | €4 | €32 | +€28 | +627% |
| Current investments | 50/53 | €2,534 | €2,534 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €41,981 | €36,166 | -€5,815 | -13.9% |
| Deferred charges and accrued income | 490/1 | €1,371 | €1,357 | -€15 | -1.1% |
| Total equity and liabilities | 10/49 | €120,917 | €127,759 | +€6,842 | +5.7% |
| Equity | 10/15 | €18,600 | €18,600 | = | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €102,317 | €109,159 | +€6,842 | +6.7% |
| Amounts payable after more than one year | 17 | €38,674 | €35,014 | -€3,660 | -9.5% |
| Financial debts | 170/4 | €38,674 | €35,014 | -€3,660 | -9.5% |
| Amounts payable within one year | 42/48 | €61,921 | €72,544 | +€10,623 | +17.2% |
| Current portion of amounts payable after more than one year | 42 | €3,608 | €3,660 | +€51 | +1.4% |
| Trade debts | 44 | €3,629 | €2,873 | -€756 | -20.8% |
| Suppliers | 440/4 | €3,629 | €2,873 | -€756 | -20.8% |
| Taxes, remuneration and social security | 45 | €5,103 | €5,914 | +€812 | +15.9% |
| Taxes | 450/3 | €5,103 | €5,914 | +€812 | +15.9% |
| Other amounts payable | 47/48 | €49,581 | €60,097 | +€10,516 | +21.2% |
| Accrued charges and deferred income | 492/3 | €1,722 | €1,601 | -€122 | -7.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,479 | €4,476 | -€4 | -0.1% |
| Other operating charges | 640/8 | €960 | €992 | +€32 | +3.3% |
| Gross operating margin | 9900 | €50,429 | €57,071 | +€6,641 | +13.2% |
| Operating profit (loss) | 9901 | €44,990 | €51,603 | +€6,613 | +14.7% |
| Financial income | 75/76B | €10 | €18 | +€8 | +81.4% |
| Recurring financial income | 75 | €10 | €18 | +€8 | +81.4% |
| Financial charges | 65/66B | €1,507 | €1,916 | +€408 | +27.1% |
| Recurring financial charges | 65 | €1,507 | €1,916 | +€408 | +27.1% |
| Profit (loss) for the period before taxes | 9903 | €43,492 | €49,705 | +€6,213 | +14.3% |
| Income taxes | 67/77 | €9,563 | €10,733 | +€1,170 | +12.2% |
| Profit (loss) for the period | 9904 | €33,929 | €38,972 | +€5,043 | +14.9% |
| Profit (loss) for the period to be appropriated | 9905 | €33,929 | €38,972 | +€5,043 | +14.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.