M.M. WOPS: 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.
M.M. WOPS
Largest movements
- Tangible fixed assets -€34,332
down €34,332 (-18.2%), from €188,349 to €154,017
of which Furniture and vehicles: -€19,215
- Receivables within one year +€15,000
new in 2025: €15,000
- Current investments +€4,869
up €4,869 (+3,678%), from €132 to €5,001
- Debts after one year -€24,757
down €24,757 (-53.1%), from €46,625 to €21,869
- Reserves +€14,122
up €14,122 (+117%), from €12,071 to €26,194
of which Distributable reserves: +€14,122
- Other debts -€10,353
down €10,353 (-45.3%), from €22,852 to €12,499
- Tax, wage and social debts +€7,268
up €7,268 (+235%), from €3,099 to €10,367
- Gross operating margin +€19,287
up €19,287 (+41.7%), from €46,284 to €65,570
- Taxes +€4,169
up €4,169 (+135%), from €3,099 to €7,269
- Depreciation -€2,388
down €2,388 (-6.2%), from €38,611 to €36,223
- Other operating charges +€1,636
up €1,636 (+42.4%), from €3,859 to €5,495
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 | €190,890 | €175,819 | -€15,071 | -7.9% |
| Fixed assets | 21/28 | €188,349 | €154,017 | -€34,332 | -18.2% |
| Tangible fixed assets | 22/27 | €188,349 | €154,017 | -€34,332 | -18.2% |
| Land and buildings | 22 | €162,662 | €147,545 | -€15,117 | -9.3% |
| Furniture and vehicles | 24 | €25,687 | €6,472 | -€19,215 | -74.8% |
| Current assets | 29/58 | €2,541 | €21,802 | +€19,261 | +758% |
| Amounts receivable within one year | 40/41 | - | €15,000 | +€15,000 | |
| Trade receivables | 40 | - | €15,000 | +€15,000 | |
| Current investments | 50/53 | €132 | €5,001 | +€4,869 | +3,678% |
| Cash at bank and in hand | 54/58 | €219 | €222 | +€3 | +1.3% |
| Deferred charges and accrued income | 490/1 | €2,189 | €1,579 | -€610 | -27.9% |
| Total equity and liabilities | 10/49 | €190,890 | €175,819 | -€15,071 | -7.9% |
| Equity | 10/15 | €91,450 | €105,572 | +€14,122 | +15.4% |
| Contributions | 10/11 | €73,129 | €73,129 | = | 0.0% |
| Capital | 10 | €73,129 | €73,129 | = | 0.0% |
| Issued capital | 100 | €73,129 | €73,129 | = | 0.0% |
| Reserves | 13 | €12,071 | €26,194 | +€14,122 | +117% |
| Non-distributable reserves | 130/1 | €2,479 | €2,479 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,479 | €2,479 | = | 0.0% |
| Distributable reserves | 133 | €9,592 | €23,715 | +€14,122 | +147% |
| Profit (loss) carried forward | 14 | €6,250 | €6,250 | = | 0.0% |
| Amounts payable | 17/49 | €99,440 | €70,247 | -€29,193 | -29.4% |
| Amounts payable after more than one year | 17 | €46,625 | €21,869 | -€24,757 | -53.1% |
| Financial debts | 170/4 | €46,625 | €21,869 | -€24,757 | -53.1% |
| Amounts payable within one year | 42/48 | €51,792 | €48,378 | -€3,413 | -6.6% |
| Current portion of amounts payable after more than one year | 42 | €24,501 | €24,757 | +€255 | +1.0% |
| Trade debts | 44 | €1,339 | €756 | -€584 | -43.6% |
| Suppliers | 440/4 | €1,339 | €756 | -€584 | -43.6% |
| Taxes, remuneration and social security | 45 | €3,099 | €10,367 | +€7,268 | +235% |
| Taxes | 450/3 | €3,099 | €10,367 | +€7,268 | +235% |
| Other amounts payable | 47/48 | €22,852 | €12,499 | -€10,353 | -45.3% |
| Accrued charges and deferred income | 492/3 | €1,023 | - | -€1,023 | |
| Non-recurring operating income | 76A | - | €20,000 | +€20,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,611 | €36,223 | -€2,388 | -6.2% |
| Other operating charges | 640/8 | €3,859 | €5,495 | +€1,636 | +42.4% |
| Gross operating margin | 9900 | €46,284 | €65,570 | +€19,287 | +41.7% |
| Operating profit (loss) | 9901 | €3,814 | €23,853 | +€20,039 | +525% |
| Financial income | 75/76B | €0 | €2 | +€1 | +287% |
| Recurring financial income | 75 | €0 | €2 | +€1 | +287% |
| Financial charges | 65/66B | €3,016 | €2,464 | -€553 | -18.3% |
| Recurring financial charges | 65 | €3,016 | €2,464 | -€553 | -18.3% |
| Profit (loss) for the period before taxes | 9903 | €798 | €21,391 | +€20,592 | +2,579% |
| Income taxes | 67/77 | €3,099 | €7,269 | +€4,169 | +135% |
| Profit (loss) for the period | 9904 | -€2,301 | €14,122 | +€16,423 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,301 | €14,122 | +€16,423 |
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 20 October 2026 via checked.be.