WAVE-IT: what changed
What changed
WAVE-IT
NACE 62.200, Computer consultancy and computer facilities management
filed annual accounts (NBB)
Net result for the year
€54,869
2024 · €55,511-€641
Equity
€113,584
2024 · €128,714-€15,131
Cash
€186,651
2024 · €69,230+€117,422
Balance sheet total
€200,399
2024 · €217,420-€17,020
Largest movements
Assets
- Current investments -€130,000
no longer reported in 2025 (was €130,000)
- Cash +€117,422
up €117,422 (+170%), from €69,230 to €186,651
mainly Current investments (+€130,000) and Net result for the year (+€54,869)
- Receivables within one year -€2,267
down €2,267 (-16.0%), from €14,188 to €11,921
of which Trade receivables: -€1,359
Equity and liabilities
- Profit (loss) carried forward -€15,131
down €15,131 (-14.0%), from €108,254 to €93,124
- Tax, wage and social debts -€4,400
down €4,400 (-20.8%), from €21,165 to €16,765
of which Taxes: -€3,092
- Trade debts +€3,274
up €3,274 (+47.3%), from €6,927 to €10,201
Income statement
- Financial income -€1,052
down €1,052 (-39.8%), from €2,643 to €1,592
- Depreciation -€984
down €984 (-37.6%), from €2,614 to €1,630
- Gross operating margin -€909
down €909 (-1.3%), from €72,605 to €71,697
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€55,511
Gross operating margin
-€909
Depreciation
+€984
Other operating charges
-€147
Financial income
-€1,052
Financial charges
+€286
Taxes
+€197
Result 2025
€54,869
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€57,422
Investment
+€130,000
Financing
-€70,000
Cash 2024
€69,230
From operations (derived)
+€57,422
Net result for the year
+€54,869
Depreciation
+€1,630
Receivables within one year
+€2,267
Deferred charges and accrued income
+€545
Trade debts
+€3,274
Tax, wage and social debts
-€4,400
Other debts
-€764
Investment (derived)
+€130,000
Current investments
+€130,000
Financing
-€70,000
Contributions, distributions and other
-€70,000
Cash 2025
€186,651
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €217,420 | €200,399 | -€17,020 | -7.8% |
| Fixed assets | 21/28 | €3,299 | €1,669 | -€1,630 | -49.4% |
| Tangible fixed assets | 22/27 | €3,260 | €1,630 | -€1,630 | -50.0% |
| Furniture and vehicles | 24 | €3,260 | €1,630 | -€1,630 | -50.0% |
| Financial fixed assets | 28 | €39 | €39 | = | 0.0% |
| Current assets | 29/58 | €214,121 | €198,730 | -€15,390 | -7.2% |
| Amounts receivable within one year | 40/41 | €14,188 | €11,921 | -€2,267 | -16.0% |
| Trade receivables | 40 | €12,559 | €11,200 | -€1,359 | -10.8% |
| Other amounts receivable | 41 | €1,629 | €721 | -€908 | -55.7% |
| Current investments | 50/53 | €130,000 | - | -€130,000 | |
| Cash at bank and in hand | 54/58 | €69,230 | €186,651 | +€117,422 | +170% |
| Deferred charges and accrued income | 490/1 | €702 | €157 | -€545 | -77.6% |
| Total equity and liabilities | 10/49 | €217,420 | €200,399 | -€17,020 | -7.8% |
| Equity | 10/15 | €128,714 | €113,584 | -€15,131 | -11.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €108,254 | €93,124 | -€15,131 | -14.0% |
| Amounts payable | 17/49 | €88,705 | €86,816 | -€1,889 | -2.1% |
| Amounts payable within one year | 42/48 | €88,705 | €86,816 | -€1,889 | -2.1% |
| Trade debts | 44 | €6,927 | €10,201 | +€3,274 | +47.3% |
| Suppliers | 440/4 | €6,927 | €10,201 | +€3,274 | +47.3% |
| Taxes, remuneration and social security | 45 | €21,165 | €16,765 | -€4,400 | -20.8% |
| Taxes | 450/3 | €17,858 | €14,765 | -€3,092 | -17.3% |
| Remuneration and social security | 454/9 | €3,308 | €2,000 | -€1,308 | -39.5% |
| Other amounts payable | 47/48 | €60,613 | €59,849 | -€764 | -1.3% |
| Non-recurring operating income | 76A | €579 | - | -€579 | |
| Remuneration, social security and pensions | 62 | €1,493 | €1,493 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,614 | €1,630 | -€984 | -37.6% |
| Other operating charges | 640/8 | €713 | €860 | +€147 | +20.7% |
| Gross operating margin | 9900 | €72,605 | €71,697 | -€909 | -1.3% |
| Operating profit (loss) | 9901 | €67,786 | €67,715 | -€72 | -0.1% |
| Financial income | 75/76B | €2,643 | €1,592 | -€1,052 | -39.8% |
| Recurring financial income | 75 | €2,643 | €1,592 | -€1,052 | -39.8% |
| Financial charges | 65/66B | €479 | €193 | -€286 | -59.7% |
| Recurring financial charges | 65 | €479 | €193 | -€286 | -59.7% |
| Profit (loss) for the period before taxes | 9903 | €69,951 | €69,113 | -€838 | -1.2% |
| Income taxes | 67/77 | €14,440 | €14,243 | -€197 | -1.4% |
| Profit (loss) for the period | 9904 | €55,511 | €54,869 | -€641 | -1.2% |
| Profit (loss) for the period to be appropriated | 9905 | €55,511 | €54,869 | -€641 | -1.2% |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.