W Log 4U: 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.
W Log 4U
Largest movements
- Receivables within one year -€953
down €953 (-80.7%), from €1,181 to €228
- Other debts -€13,591
down €13,591 (-46.7%), from €29,091 to €15,500
- Profit (loss) carried forward +€5,572
no longer reported in 2025 (was -€5,572)
- Reserves +€3,525
up €3,525 (+17.1%), from €20,613 to €24,138
- Tax, wage and social debts +€2,603
new in 2025: €2,603
- Trade debts +€687
up €687 (+13.9%), from €4,937 to €5,624
- Gross operating margin +€8,013
up €8,013 (+115%), from €6,944 to €14,957
- Taxes +€2,603
new in 2025: €2,603
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 | €54,069 | €52,864 | -€1,204 | -2.2% |
| Fixed assets | 21/28 | €4,622 | €4,132 | -€490 | -10.6% |
| Tangible fixed assets | 22/27 | €4,622 | €4,132 | -€490 | -10.6% |
| Plant, machinery and equipment | 23 | €1,799 | €1,220 | -€579 | -32.2% |
| Furniture and vehicles | 24 | €2,823 | €2,912 | +€89 | +3.2% |
| Current assets | 29/58 | €49,447 | €48,733 | -€715 | -1.4% |
| Amounts receivable within one year | 40/41 | €1,181 | €228 | -€953 | -80.7% |
| Other amounts receivable | 41 | €1,181 | €228 | -€953 | -80.7% |
| Cash at bank and in hand | 54/58 | €48,266 | €48,505 | +€239 | +0.5% |
| Total equity and liabilities | 10/49 | €54,069 | €52,864 | -€1,204 | -2.2% |
| Equity | 10/15 | €20,041 | €29,138 | +€9,097 | +45.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €20,613 | €24,138 | +€3,525 | +17.1% |
| Distributable reserves | 133 | €20,613 | €24,138 | +€3,525 | +17.1% |
| Profit (loss) carried forward | 14 | -€5,572 | - | +€5,572 | |
| Amounts payable | 17/49 | €34,027 | €23,726 | -€10,301 | -30.3% |
| Amounts payable within one year | 42/48 | €34,027 | €23,726 | -€10,301 | -30.3% |
| Trade debts | 44 | €4,937 | €5,624 | +€687 | +13.9% |
| Suppliers | 440/4 | €4,937 | €5,624 | +€687 | +13.9% |
| Taxes, remuneration and social security | 45 | - | €2,603 | +€2,603 | |
| Taxes | 450/3 | - | €2,603 | +€2,603 | |
| Other amounts payable | 47/48 | €29,091 | €15,500 | -€13,591 | -46.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,550 | €1,657 | +€107 | +6.9% |
| Other operating charges | 640/8 | €126 | €128 | +€2 | +1.6% |
| Gross operating margin | 9900 | €6,944 | €14,957 | +€8,013 | +115% |
| Operating profit (loss) | 9901 | €5,267 | €13,171 | +€7,904 | +150% |
| Financial income | 75/76B | €3 | - | -€3 | |
| Recurring financial income | 75 | €3 | - | -€3 | |
| Financial charges | 65/66B | €83 | €72 | -€11 | -12.9% |
| Recurring financial charges | 65 | €83 | €72 | -€11 | -12.9% |
| Profit (loss) for the period before taxes | 9903 | €5,188 | €13,100 | +€7,912 | +153% |
| Income taxes | 67/77 | - | €2,603 | +€2,603 | |
| Profit (loss) for the period | 9904 | €5,188 | €10,497 | +€5,309 | +102% |
| Profit (loss) for the period to be appropriated | 9905 | €5,188 | €10,497 | +€5,309 | +102% |
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 25 October 2026 via checked.be.