Generation WOW: 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.
Generation WOW
Largest movements
- Deferred charges and accrued income -€64,655
down €64,655 (-99.0%), from €65,327 to €672
- Receivables within one year +€54,052
up €54,052 (+83.9%), from €64,405 to €118,458
of which Trade receivables: +€53,666
- Cash -€37,102
down €37,102 (-54.6%), from €67,905 to €30,803
mainly Net result for the year (-€91,866) and Accrued charges and deferred income (-€64,501)
- Tangible fixed assets +€5,854
up €5,854 (+275.2%), from €2,127 to €7,981
- Financial fixed assets -€3,400
down €3,400 (-75.6%), from €4,500 to €1,100
- Short-term financial debts +€100,000
up €100,000 (+100.0%), from €100,000 to €200,000
- Profit (loss) carried forward -€91,866
down €91,866, from €1,351 to -€90,514
- Accrued charges and deferred income -€64,501
no longer reported in 2025 (was €64,501)
- Trade debts +€13,644
up €13,644 (+75.0%), from €18,194 to €31,838
- Tax, wage and social debts -€6,144
down €6,144 (-18.7%), from €32,902 to €26,758
of which Remuneration and social security: -€4,370
- Gross operating margin -€86,677
down €86,677, from €51,533 to -€35,144
- Financial charges +€4,574
up €4,574 (+69.0%), from €6,628 to €11,201
- Taxes -€3,368
down €3,368 (-98.3%), from €3,427 to €58
- Depreciation +€3,218
up €3,218 (+321.2%), from €1,002 to €4,220
- Financial income -€934
down €934 (-82.2%), from €1,137 to €203
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 | €219,334 | €170,933 | -€48,401 | -22.1% |
| Fixed assets | 21/28 | €21,697 | €21,001 | -€697 | -3.2% |
| Intangible fixed assets | 21 | €15,070 | €11,920 | -€3,150 | -20.9% |
| Tangible fixed assets | 22/27 | €2,127 | €7,981 | +€5,854 | +275.2% |
| Plant, machinery and equipment | 23 | €751 | €2,313 | +€1,563 | +208.2% |
| Furniture and vehicles | 24 | €1,376 | €2,817 | +€1,441 | +104.7% |
| Other tangible fixed assets | 26 | - | €2,850 | +€2,850 | |
| Financial fixed assets | 28 | €4,500 | €1,100 | -€3,400 | -75.6% |
| Current assets | 29/58 | €197,637 | €149,932 | -€47,705 | -24.1% |
| Amounts receivable within one year | 40/41 | €64,405 | €118,458 | +€54,052 | +83.9% |
| Trade receivables | 40 | €64,074 | €117,740 | +€53,666 | +83.8% |
| Other amounts receivable | 41 | €331 | €718 | +€387 | +116.9% |
| Cash at bank and in hand | 54/58 | €67,905 | €30,803 | -€37,102 | -54.6% |
| Deferred charges and accrued income | 490/1 | €65,327 | €672 | -€64,655 | -99.0% |
| Total equity and liabilities | 10/49 | €219,334 | €170,933 | -€48,401 | -22.1% |
| Equity | 10/15 | €3,351 | -€88,514 | -€91,866 | |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,351 | -€90,514 | -€91,866 | |
| Amounts payable | 17/49 | €215,983 | €259,447 | +€43,464 | +20.1% |
| Amounts payable within one year | 42/48 | €151,482 | €259,447 | +€107,965 | +71.3% |
| Financial debts | 43 | €100,000 | €200,000 | +€100,000 | +100.0% |
| Credit institutions | 430/8 | €100,000 | €200,000 | +€100,000 | +100.0% |
| Trade debts | 44 | €18,194 | €31,838 | +€13,644 | +75.0% |
| Suppliers | 440/4 | €18,194 | €31,838 | +€13,644 | +75.0% |
| Taxes, remuneration and social security | 45 | €32,902 | €26,758 | -€6,144 | -18.7% |
| Taxes | 450/3 | €27,580 | €25,806 | -€1,774 | -6.4% |
| Remuneration and social security | 454/9 | €5,322 | €952 | -€4,370 | -82.1% |
| Other amounts payable | 47/48 | €386 | €852 | +€466 | +120.9% |
| Accrued charges and deferred income | 492/3 | €64,501 | - | -€64,501 | |
| Remuneration, social security and pensions | 62 | €40,363 | €40,104 | -€259 | -0.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,002 | €4,220 | +€3,218 | +321.2% |
| Other operating charges | 640/8 | €959 | €1,341 | +€381 | +39.8% |
| Gross operating margin | 9900 | €51,533 | -€35,144 | -€86,677 | |
| Operating profit (loss) | 9901 | €9,208 | -€80,809 | -€90,017 | |
| Financial income | 75/76B | €1,137 | €203 | -€934 | -82.2% |
| Recurring financial income | 75 | €1,137 | €203 | -€934 | -82.2% |
| Financial charges | 65/66B | €6,628 | €11,201 | +€4,574 | +69.0% |
| Recurring financial charges | 65 | €6,628 | €11,201 | +€4,574 | +69.0% |
| Profit (loss) for the period before taxes | 9903 | €3,718 | -€91,807 | -€95,525 | |
| Income taxes | 67/77 | €3,427 | €58 | -€3,368 | -98.3% |
| Profit (loss) for the period | 9904 | €291 | -€91,866 | -€92,157 | |
| Profit (loss) for the period to be appropriated | 9905 | €291 | -€91,866 | -€92,157 |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.