W GLOBAL: 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.
W GLOBAL
Largest movements
- Cash +€31,931
up €31,931 (+198.8%), from €16,060 to €47,991
mainly Net result for the year (+€44,638) and Depreciation (+€5,000)
- Receivables within one year +€14,639
up €14,639 (+104.5%), from €14,008 to €28,647
- Intangible fixed assets -€5,000
down €5,000 (-10.8%), from €46,250 to €41,250
- Profit (loss) carried forward +€44,638
up €44,638 (+87.9%), from €50,768 to €95,406
- Tax, wage and social debts -€4,518
down €4,518 (-22.3%), from €20,269 to €15,751
of which Taxes: -€2,518
- Other debts +€2,226
up €2,226 (+90.5%), from €2,461 to €4,687
- Financial charges +€2,225
new in 2025: €2,225
- Other operating charges +€2,076
up €2,076 (+539.9%), from €384 to €2,460
- Depreciation +€1,250
up €1,250 (+33.3%), from €3,750 to €5,000
- Taxes +€1,076
up €1,076 (+8.3%), from €12,958 to €14,033
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 | €76,989 | €118,578 | +€41,588 | +54.0% |
| Fixed assets | 21/28 | €46,250 | €41,250 | -€5,000 | -10.8% |
| Intangible fixed assets | 21 | €46,250 | €41,250 | -€5,000 | -10.8% |
| Current assets | 29/58 | €30,739 | €77,328 | +€46,588 | +151.6% |
| Amounts receivable within one year | 40/41 | €14,008 | €28,647 | +€14,639 | +104.5% |
| Trade receivables | 40 | €14,008 | €28,647 | +€14,639 | +104.5% |
| Cash at bank and in hand | 54/58 | €16,060 | €47,991 | +€31,931 | +198.8% |
| Deferred charges and accrued income | 490/1 | €671 | €690 | +€19 | +2.8% |
| Total equity and liabilities | 10/49 | €76,989 | €118,578 | +€41,588 | +54.0% |
| Equity | 10/15 | €52,768 | €97,406 | +€44,638 | +84.6% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €50,768 | €95,406 | +€44,638 | +87.9% |
| Amounts payable | 17/49 | €24,221 | €21,171 | -€3,050 | -12.6% |
| Amounts payable within one year | 42/48 | €24,221 | €21,171 | -€3,050 | -12.6% |
| Trade debts | 44 | €1,492 | €734 | -€758 | -50.8% |
| Suppliers | 440/4 | €1,492 | €734 | -€758 | -50.8% |
| Taxes, remuneration and social security | 45 | €20,269 | €15,751 | -€4,518 | -22.3% |
| Taxes | 450/3 | €18,269 | €15,751 | -€2,518 | -13.8% |
| Remuneration and social security | 454/9 | €2,000 | - | -€2,000 | |
| Other amounts payable | 47/48 | €2,461 | €4,687 | +€2,226 | +90.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,750 | €5,000 | +€1,250 | +33.3% |
| Other operating charges | 640/8 | €384 | €2,460 | +€2,076 | +539.9% |
| Gross operating margin | 9900 | €67,860 | €68,349 | +€489 | +0.7% |
| Operating profit (loss) | 9901 | €63,726 | €60,889 | -€2,836 | -4.5% |
| Financial income | 75/76B | - | €7 | +€7 | |
| Recurring financial income | 75 | - | €7 | +€7 | |
| Financial charges | 65/66B | - | €2,225 | +€2,225 | |
| Recurring financial charges | 65 | - | €2,225 | +€2,225 | |
| Profit (loss) for the period before taxes | 9903 | €63,726 | €58,671 | -€5,054 | -7.9% |
| Income taxes | 67/77 | €12,958 | €14,033 | +€1,076 | +8.3% |
| Profit (loss) for the period | 9904 | €50,768 | €44,638 | -€6,130 | -12.1% |
| Profit (loss) for the period to be appropriated | 9905 | €50,768 | €44,638 | -€6,130 | -12.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.