WBC AQUATIC: 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.
WBC AQUATIC
Largest movements
- Tangible fixed assets -€29,854
down €29,854 (-16.6%), from €179,677 to €149,823
of which Furniture and vehicles: -€20,079
- Deferred charges and accrued income +€13,300
up €13,300 (+71.2%), from €18,675 to €31,975
- Receivables within one year -€13,280
down €13,280 (-14.4%), from €92,049 to €78,769
of which Trade receivables: -€11,493
- Cash -€10,322
down €10,322 (-15.6%), from €66,038 to €55,716
mainly Trade debts (-€23,587) and Deferred charges and accrued income (-€13,300)
- Trade debts -€23,587
down €23,587 (-36.5%), from €64,704 to €41,117
- Debts after one year -€8,473
down €8,473 (-16.1%), from €52,787 to €44,314
- Tax, wage and social debts -€5,434
down €5,434 (-20.0%), from €27,124 to €21,690
of which Taxes: -€4,605
- Gross operating margin -€6,185
down €6,185 (-5.7%), from €107,866 to €101,681
- Depreciation -€5,489
down €5,489 (-31.9%), from €17,195 to €11,707
- Financial income +€4,581
up €4,581 (+297%), from €1,543 to €6,124
- Staff costs +€4,172
up €4,172 (+6.3%), from €65,736 to €69,908
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 | €356,703 | €316,547 | -€40,156 | -11.3% |
| Fixed assets | 21/28 | €179,942 | €150,088 | -€29,854 | -16.6% |
| Tangible fixed assets | 22/27 | €179,677 | €149,823 | -€29,854 | -16.6% |
| Land and buildings | 22 | €149,623 | €142,362 | -€7,261 | -4.9% |
| Plant, machinery and equipment | 23 | €7,803 | €5,290 | -€2,513 | -32.2% |
| Furniture and vehicles | 24 | €22,250 | €2,171 | -€20,079 | -90.2% |
| Financial fixed assets | 28 | €265 | €265 | = | 0.0% |
| Current assets | 29/58 | €176,761 | €166,459 | -€10,302 | -5.8% |
| Amounts receivable within one year | 40/41 | €92,049 | €78,769 | -€13,280 | -14.4% |
| Trade receivables | 40 | €80,707 | €69,214 | -€11,493 | -14.2% |
| Other amounts receivable | 41 | €11,342 | €9,555 | -€1,787 | -15.8% |
| Cash at bank and in hand | 54/58 | €66,038 | €55,716 | -€10,322 | -15.6% |
| Deferred charges and accrued income | 490/1 | €18,675 | €31,975 | +€13,300 | +71.2% |
| Total equity and liabilities | 10/49 | €356,703 | €316,547 | -€40,156 | -11.3% |
| Equity | 10/15 | €201,751 | €198,845 | -€2,906 | -1.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €50,142 | €50,142 | = | 0.0% |
| Non-distributable reserves | 130/1 | €142 | €142 | = | 0.0% |
| Reserves not available under the articles | 1311 | €142 | €142 | = | 0.0% |
| Distributable reserves | 133 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €145,408 | €142,502 | -€2,906 | -2.0% |
| Amounts payable | 17/49 | €154,952 | €117,702 | -€37,250 | -24.0% |
| Amounts payable after more than one year | 17 | €52,787 | €44,314 | -€8,473 | -16.1% |
| Financial debts | 170/4 | €52,787 | €44,314 | -€8,473 | -16.1% |
| Amounts payable within one year | 42/48 | €100,099 | €71,279 | -€28,820 | -28.8% |
| Current portion of amounts payable after more than one year | 42 | €8,272 | €8,473 | +€201 | +2.4% |
| Trade debts | 44 | €64,704 | €41,117 | -€23,587 | -36.5% |
| Suppliers | 440/4 | €64,704 | €41,117 | -€23,587 | -36.5% |
| Taxes, remuneration and social security | 45 | €27,124 | €21,690 | -€5,434 | -20.0% |
| Taxes | 450/3 | €19,013 | €14,409 | -€4,605 | -24.2% |
| Remuneration and social security | 454/9 | €8,110 | €7,281 | -€829 | -10.2% |
| Accrued charges and deferred income | 492/3 | €2,066 | €2,109 | +€43 | +2.1% |
| Non-recurring operating income | 76A | €12,186 | €23,745 | +€11,559 | +94.8% |
| Remuneration, social security and pensions | 62 | €65,736 | €69,908 | +€4,172 | +6.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,195 | €11,707 | -€5,489 | -31.9% |
| Other operating charges | 640/8 | €2,282 | €2,276 | -€6 | -0.2% |
| Non-recurring operating charges | 66A | - | €5,608 | +€5,608 | |
| Gross operating margin | 9900 | €107,866 | €101,681 | -€6,185 | -5.7% |
| Operating profit (loss) | 9901 | €22,652 | €12,182 | -€10,470 | -46.2% |
| Financial income | 75/76B | €1,543 | €6,124 | +€4,581 | +297% |
| Recurring financial income | 75 | €1,543 | €6,124 | +€4,581 | +297% |
| Financial charges | 65/66B | €16,845 | €15,855 | -€990 | -5.9% |
| Recurring financial charges | 65 | €16,845 | €15,855 | -€990 | -5.9% |
| Profit (loss) for the period before taxes | 9903 | €7,351 | €2,451 | -€4,899 | -66.7% |
| Income taxes | 67/77 | €6,198 | €5,357 | -€841 | -13.6% |
| Profit (loss) for the period | 9904 | €1,152 | -€2,906 | -€4,058 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,152 | -€2,906 | -€4,058 |
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 31 October 2026 via checked.be.