WAX & CO: 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.
WAX & CO
Largest movements
- Tangible fixed assets +€20,242
up €20,242 (+96.3%), from €21,011 to €41,253
of which Furniture and vehicles: +€22,837
- Receivables within one year +€11,599
up €11,599 (+2.4%), from €482,497 to €494,096
of which Other amounts receivable: +€7,972
- Profit (loss) carried forward +€20,263
up €20,263 (+4.3%), from €476,722 to €496,985
- Current portion of long-term debt +€14,147
new in 2024: €14,147
- Short-term financial debts -€6,118
down €6,118 (-43.8%), from €13,952 to €7,834
- Gross operating margin +€22,277
up €22,277, from -€10,673 to €11,604
- Taxes +€6,953
up €6,953 (+438%), from €1,586 to €8,539
- Financial income +€3,859
up €3,859 (+15.5%), from €24,857 to €28,716
- Other operating charges -€1,238
down €1,238 (-42.3%), from €2,928 to €1,690
- Financial charges -€245
down €245 (-7.5%), from €3,288 to €3,042
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.
Derived cash bridge
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €504,413 | €536,565 | +€32,152 | +6.4% |
| Fixed assets | 21/28 | €21,750 | €41,465 | +€19,715 | +90.6% |
| Intangible fixed assets | 21 | €682 | €156 | -€527 | -77.2% |
| Tangible fixed assets | 22/27 | €21,011 | €41,253 | +€20,242 | +96.3% |
| Plant, machinery and equipment | 23 | €1,193 | €32 | -€1,161 | -97.3% |
| Furniture and vehicles | 24 | - | €22,837 | +€22,837 | |
| Other tangible fixed assets | 26 | €19,818 | €18,384 | -€1,434 | -7.2% |
| Financial fixed assets | 28 | €57 | €57 | = | 0.0% |
| Current assets | 29/58 | €482,663 | €495,100 | +€12,437 | +2.6% |
| Amounts receivable within one year | 40/41 | €482,497 | €494,096 | +€11,599 | +2.4% |
| Trade receivables | 40 | €4,183 | €7,809 | +€3,626 | +86.7% |
| Other amounts receivable | 41 | €478,315 | €486,287 | +€7,972 | +1.7% |
| Deferred charges and accrued income | 490/1 | €166 | €1,004 | +€838 | +506% |
| Total equity and liabilities | 10/49 | €504,413 | €536,565 | +€32,152 | +6.4% |
| Equity | 10/15 | €484,872 | €505,135 | +€20,263 | +4.2% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €1,953 | €1,953 | = | 0.0% |
| Tax-exempt reserves | 132 | €93 | €93 | = | 0.0% |
| Distributable reserves | 133 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €476,722 | €496,985 | +€20,263 | +4.3% |
| Amounts payable | 17/49 | €19,540 | €31,430 | +€11,889 | +60.8% |
| Amounts payable after more than one year | 17 | - | €4,709 | +€4,709 | |
| Financial debts | 170/4 | - | €4,709 | +€4,709 | |
| Amounts payable within one year | 42/48 | €19,540 | €26,720 | +€7,180 | +36.7% |
| Current portion of amounts payable after more than one year | 42 | - | €14,147 | +€14,147 | |
| Financial debts | 43 | €13,952 | €7,834 | -€6,118 | -43.8% |
| Credit institutions | 430/8 | €13,952 | €7,834 | -€6,118 | -43.8% |
| Trade debts | 44 | €4,478 | €4,739 | +€261 | +5.8% |
| Suppliers | 440/4 | €4,478 | €4,739 | +€261 | +5.8% |
| Taxes, remuneration and social security | 45 | €1,110 | - | -€1,110 | |
| Taxes | 450/3 | €1,110 | - | -€1,110 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,935 | €6,785 | -€150 | -2.2% |
| Other operating charges | 640/8 | €2,928 | €1,690 | -€1,238 | -42.3% |
| Gross operating margin | 9900 | -€10,673 | €11,604 | +€22,277 | |
| Operating profit (loss) | 9901 | -€20,536 | €3,129 | +€23,665 | |
| Financial income | 75/76B | €24,857 | €28,716 | +€3,859 | +15.5% |
| Recurring financial income | 75 | €24,857 | €28,716 | +€3,859 | +15.5% |
| Financial charges | 65/66B | €3,288 | €3,042 | -€245 | -7.5% |
| Recurring financial charges | 65 | €3,288 | €3,042 | -€245 | -7.5% |
| Profit (loss) for the period before taxes | 9903 | €1,033 | €28,803 | +€27,769 | +2,687% |
| Income taxes | 67/77 | €1,586 | €8,539 | +€6,953 | +438% |
| Profit (loss) for the period | 9904 | -€553 | €20,263 | +€20,816 | |
| Profit (loss) for the period to be appropriated | 9905 | -€553 | €20,263 | +€20,816 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.