WRA: 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.
WRA
Largest movements
- Cash -€18,470
down €18,470 (-39.3%), from €46,950 to €28,480
mainly Contributions, distributions and other (-€51,152) and Other debts (-€17,671)
- Receivables within one year +€3,104
up €3,104 (+251.6%), from €1,233 to €4,337
of which Other amounts receivable: +€3,568
- Tangible fixed assets -€2,723
down €2,723 (-29.4%), from €9,260 to €6,537
of which Furniture and vehicles: -€1,953
- Deferred charges and accrued income +€1,632
up €1,632 (+14.5%), from €11,245 to €12,877
- Other debts -€17,671
down €17,671 (-29.0%), from €61,000 to €43,329
- Tax, wage and social debts +€2,003
up €2,003 (+36.4%), from €5,497 to €7,500
- Reserves -€1,099
down €1,099 (-100.0%), from €1,099 to €0
- Gross operating margin -€7,769
down €7,769 (-9.9%), from €78,361 to €70,592
- Financial income -€2,912
down €2,912 (-100.0%), from €2,912 to €0
- Taxes +€1,300
up €1,300 (+7.9%), from €16,363 to €17,663
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.
Cash bridge derived
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 | €68,688 | €52,231 | -€16,457 | -24.0% |
| Fixed assets | 21/28 | €9,260 | €6,537 | -€2,723 | -29.4% |
| Tangible fixed assets | 22/27 | €9,260 | €6,537 | -€2,723 | -29.4% |
| Plant, machinery and equipment | 23 | €995 | €337 | -€658 | -66.2% |
| Furniture and vehicles | 24 | €7,603 | €5,651 | -€1,953 | -25.7% |
| Other tangible fixed assets | 26 | €661 | €549 | -€112 | -17.0% |
| Current assets | 29/58 | €59,428 | €45,695 | -€13,734 | -23.1% |
| Amounts receivable within one year | 40/41 | €1,233 | €4,337 | +€3,104 | +251.6% |
| Trade receivables | 40 | €464 | €0 | -€464 | -100.0% |
| Other amounts receivable | 41 | €769 | €4,337 | +€3,568 | +464.0% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €46,950 | €28,480 | -€18,470 | -39.3% |
| Deferred charges and accrued income | 490/1 | €11,245 | €12,877 | +€1,632 | +14.5% |
| Total equity and liabilities | 10/49 | €68,688 | €52,231 | -€16,457 | -24.0% |
| Equity | 10/15 | €2,099 | €1,000 | -€1,099 | -52.4% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €1,099 | €0 | -€1,099 | -100.0% |
| Distributable reserves | 133 | €1,099 | €0 | -€1,099 | -100.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €66,589 | €51,231 | -€15,358 | -23.1% |
| Amounts payable within one year | 42/48 | €66,589 | €51,231 | -€15,358 | -23.1% |
| Trade debts | 44 | €92 | €402 | +€310 | +336.5% |
| Suppliers | 440/4 | €92 | €402 | +€310 | +336.5% |
| Taxes, remuneration and social security | 45 | €5,497 | €7,500 | +€2,003 | +36.4% |
| Taxes | 450/3 | €5,497 | €7,500 | +€2,003 | +36.4% |
| Other amounts payable | 47/48 | €61,000 | €43,329 | -€17,671 | -29.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,926 | €2,723 | -€203 | -6.9% |
| Other operating charges | 640/8 | €594 | €64 | -€530 | -89.2% |
| Gross operating margin | 9900 | €78,361 | €70,592 | -€7,769 | -9.9% |
| Operating profit (loss) | 9901 | €74,842 | €67,806 | -€7,036 | -9.4% |
| Financial income | 75/76B | €2,912 | €0 | -€2,912 | -100.0% |
| Recurring financial income | 75 | €2,912 | €0 | -€2,912 | -100.0% |
| Financial charges | 65/66B | €89 | €89 | +€0 | +0.5% |
| Recurring financial charges | 65 | €89 | €89 | +€0 | +0.5% |
| Profit (loss) for the period before taxes | 9903 | €77,665 | €67,716 | -€9,948 | -12.8% |
| Income taxes | 67/77 | €16,363 | €17,663 | +€1,300 | +7.9% |
| Profit (loss) for the period | 9904 | €61,301 | €50,053 | -€11,248 | -18.3% |
| Profit (loss) for the period to be appropriated | 9905 | €61,301 | €50,053 | -€11,248 | -18.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.