W&O SUPPLY: 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&O SUPPLY
Largest movements
- Receivables within one year +€298,180
up €298,180 (+40.1%), from €744,405 to €1.0m
of which Trade receivables: +€291,063
- Cash -€76,829
down €76,829 (-87.2%), from €88,111 to €11,282
mainly Receivables within one year (-€298,180)
- Reserves +€176,876
up €176,876 (+23.4%), from €754,593 to €931,469
- Accrued charges and deferred income +€29,483
new in 2025: €29,483
- Tax, wage and social debts +€13,492
up €13,492 (+39.2%), from €34,432 to €47,925
of which Taxes: +€11,452
- Gross operating margin +€85,985
up €85,985 (+24.0%), from €358,096 to €444,081
- Taxes +€22,384
up €22,384 (+51.5%), from €43,504 to €65,888
- Staff costs +€6,202
up €6,202 (+3.1%), from €200,848 to €207,050
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 | €832,788 | €1,054,139 | +€221,351 | +26.6% |
| Current assets | 29/58 | €832,788 | €1,054,139 | +€221,351 | +26.6% |
| Amounts receivable within one year | 40/41 | €744,405 | €1,042,584 | +€298,180 | +40.1% |
| Trade receivables | 40 | €48,606 | €339,670 | +€291,063 | +599% |
| Other amounts receivable | 41 | €695,798 | €702,915 | +€7,116 | +1.0% |
| Cash at bank and in hand | 54/58 | €88,111 | €11,282 | -€76,829 | -87.2% |
| Deferred charges and accrued income | 490/1 | €273 | €272 | -€0 | 0.0% |
| Total equity and liabilities | 10/49 | €832,788 | €1,054,139 | +€221,351 | +26.6% |
| Equity | 10/15 | €791,777 | €968,653 | +€176,876 | +22.3% |
| Contributions | 10/11 | €37,184 | €37,184 | = | 0.0% |
| Reserves | 13 | €754,593 | €931,469 | +€176,876 | +23.4% |
| Distributable reserves | 133 | €754,593 | €931,469 | +€176,876 | +23.4% |
| Amounts payable | 17/49 | €41,011 | €85,486 | +€44,475 | +108% |
| Amounts payable within one year | 42/48 | €41,011 | €56,002 | +€14,991 | +36.6% |
| Trade debts | 44 | €6,579 | €8,078 | +€1,499 | +22.8% |
| Suppliers | 440/4 | €6,579 | €8,078 | +€1,499 | +22.8% |
| Taxes, remuneration and social security | 45 | €34,432 | €47,925 | +€13,492 | +39.2% |
| Taxes | 450/3 | €23,145 | €34,597 | +€11,452 | +49.5% |
| Remuneration and social security | 454/9 | €11,287 | €13,328 | +€2,041 | +18.1% |
| Accrued charges and deferred income | 492/3 | - | €29,483 | +€29,483 | |
| Remuneration, social security and pensions | 62 | €200,848 | €207,050 | +€6,202 | +3.1% |
| Other operating charges | 640/8 | €278 | €1,125 | +€847 | +305% |
| Gross operating margin | 9900 | €358,096 | €444,081 | +€85,985 | +24.0% |
| Operating profit (loss) | 9901 | €156,970 | €235,906 | +€78,936 | +50.3% |
| Financial income | 75/76B | €13,267 | €13,955 | +€688 | +5.2% |
| Recurring financial income | 75 | €13,267 | €13,955 | +€688 | +5.2% |
| Financial charges | 65/66B | €5,763 | €7,096 | +€1,333 | +23.1% |
| Recurring financial charges | 65 | €5,763 | €7,096 | +€1,333 | +23.1% |
| Profit (loss) for the period before taxes | 9903 | €164,473 | €242,764 | +€78,291 | +47.6% |
| Income taxes | 67/77 | €43,504 | €65,888 | +€22,384 | +51.5% |
| Profit (loss) for the period | 9904 | €120,969 | €176,876 | +€55,907 | +46.2% |
| Profit (loss) for the period to be appropriated | 9905 | €120,969 | €176,876 | +€55,907 | +46.2% |
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 22 October 2026 via checked.be.