YACHTING - WAVE: 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.
YACHTING - WAVE
Largest movements
- Cash +€5,272
up €5,272 (+19.7%), from €26,768 to €32,040
mainly Net result for the year (+€4,853) and Tax, wage and social debts (+€2,207)
- Profit (loss) carried forward +€4,853
up €4,853 (+37.7%), from -€12,886 to -€8,033
- Tax, wage and social debts +€2,207
up €2,207 (+80.7%), from €2,734 to €4,941
of which Taxes: +€4,941
- Gross operating margin -€3,053
down €3,053 (-9.2%), from €33,258 to €30,205
- Other operating charges +€2,369
up €2,369 (+13.3%), from €17,770 to €20,138
- Taxes +€652
up €652 (+21.2%), from €3,076 to €3,729
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
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 | €191,907 | €198,648 | +€6,741 | +3.5% |
| Fixed assets | 21/28 | €76,101 | €75,556 | -€544 | -0.7% |
| Tangible fixed assets | 22/27 | €76,101 | €75,556 | -€544 | -0.7% |
| Land and buildings | 22 | €75,460 | €75,460 | = | 0.0% |
| Plant, machinery and equipment | 23 | €640 | - | -€640 | |
| Leasing and similar rights | 25 | - | €96 | +€96 | |
| Current assets | 29/58 | €115,807 | €123,092 | +€7,285 | +6.3% |
| Amounts receivable after more than one year | 29 | €29,322 | €31,155 | +€1,833 | +6.3% |
| Other amounts receivable | 291 | €29,322 | €31,155 | +€1,833 | +6.3% |
| Stocks and contracts in progress | 3 | €44,268 | €43,831 | -€437 | -1.0% |
| Stocks | 30/36 | €44,268 | €43,831 | -€437 | -1.0% |
| Amounts receivable within one year | 40/41 | €14,690 | €15,270 | +€581 | +4.0% |
| Trade receivables | 40 | €12,102 | €15,270 | +€3,169 | +26.2% |
| Other amounts receivable | 41 | €2,588 | - | -€2,588 | |
| Cash at bank and in hand | 54/58 | €26,768 | €32,040 | +€5,272 | +19.7% |
| Deferred charges and accrued income | 490/1 | €759 | €797 | +€38 | +5.0% |
| Total equity and liabilities | 10/49 | €191,907 | €198,648 | +€6,741 | +3.5% |
| Equity | 10/15 | €74,521 | €79,373 | +€4,853 | +6.5% |
| Contributions | 10/11 | €24,789 | €24,789 | = | 0.0% |
| Reserves | 13 | €62,617 | €62,617 | = | 0.0% |
| Distributable reserves | 133 | €62,617 | €62,617 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€12,886 | -€8,033 | +€4,853 | +37.7% |
| Amounts payable | 17/49 | €117,387 | €119,274 | +€1,888 | +1.6% |
| Amounts payable after more than one year | 17 | €12,656 | €12,656 | = | 0.0% |
| Other amounts payable | 178/9 | €12,656 | €12,656 | = | 0.0% |
| Amounts payable within one year | 42/48 | €104,731 | €106,619 | +€1,888 | +1.8% |
| Trade debts | 44 | €57,365 | €57,046 | -€319 | -0.6% |
| Suppliers | 440/4 | €57,365 | €57,046 | -€319 | -0.6% |
| Advances received on contracts in progress | 46 | €44,632 | €44,632 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €2,734 | €4,941 | +€2,207 | +80.7% |
| Taxes | 450/3 | - | €4,941 | +€4,941 | |
| Remuneration and social security | 454/9 | €2,734 | - | -€2,734 | |
| Remuneration, social security and pensions | 62 | - | €105 | +€105 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €775 | €544 | -€230 | -29.7% |
| Other operating charges | 640/8 | €17,770 | €20,138 | +€2,369 | +13.3% |
| Gross operating margin | 9900 | €33,258 | €30,205 | -€3,053 | -9.2% |
| Operating profit (loss) | 9901 | €14,714 | €9,417 | -€5,297 | -36.0% |
| Financial income | 75/76B | €0 | €53 | +€53 | +32,875% |
| Recurring financial income | 75 | €0 | €53 | +€53 | +32,875% |
| Financial charges | 65/66B | €1,004 | €888 | -€115 | -11.5% |
| Recurring financial charges | 65 | €1,004 | €888 | -€115 | -11.5% |
| Profit (loss) for the period before taxes | 9903 | €13,710 | €8,581 | -€5,129 | -37.4% |
| Income taxes | 67/77 | €3,076 | €3,729 | +€652 | +21.2% |
| Profit (loss) for the period | 9904 | €10,634 | €4,853 | -€5,781 | -54.4% |
| Profit (loss) for the period to be appropriated | 9905 | €10,634 | €4,853 | -€5,781 | -54.4% |
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 21 October 2026 via checked.be.