W3NDAT: 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.
W3NDAT
Largest movements
- Current investments -€250,000
down €250,000 (-100%), from €250,000 to €0
- Cash +€249,655
up €249,655 (+83.7%), from €298,245 to €547,900
mainly Current investments (+€250,000) and Net result for the year (+€205,153)
- Tangible fixed assets -€16,557
down €16,557 (-6.0%), from €276,011 to €259,454
of which Furniture and vehicles: -€9,057
- Other debts -€74,961
down €74,961 (-36.7%), from €204,384 to €129,423
- Reserves +€55,153
up €55,153 (+9.8%), from €561,597 to €616,750
- Gross operating margin +€18,045
up €18,045 (+6.3%), from €287,143 to €305,188
- Taxes -€15,394
down €15,394 (-18.3%), from €84,225 to €68,831
- Financial income -€12,010
down €12,010 (-83.8%), from €14,328 to €2,317
- Financial charges +€3,563
up €3,563 (+33.3%), from €10,700 to €14,263
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 | €855,577 | €838,468 | -€17,109 | -2.0% |
| Fixed assets | 21/28 | €276,011 | €259,454 | -€16,557 | -6.0% |
| Tangible fixed assets | 22/27 | €276,011 | €259,454 | -€16,557 | -6.0% |
| Land and buildings | 22 | €242,016 | €234,516 | -€7,500 | -3.1% |
| Furniture and vehicles | 24 | €33,995 | €24,938 | -€9,057 | -26.6% |
| Current assets | 29/58 | €579,566 | €579,014 | -€551 | -0.1% |
| Amounts receivable within one year | 40/41 | €28,023 | €30,250 | +€2,227 | +7.9% |
| Trade receivables | 40 | €28,023 | €30,250 | +€2,227 | +7.9% |
| Current investments | 50/53 | €250,000 | €0 | -€250,000 | -100% |
| Cash at bank and in hand | 54/58 | €298,245 | €547,900 | +€249,655 | +83.7% |
| Deferred charges and accrued income | 490/1 | €3,298 | €865 | -€2,434 | -73.8% |
| Total equity and liabilities | 10/49 | €855,577 | €838,468 | -€17,109 | -2.0% |
| Equity | 10/15 | €580,197 | €635,350 | +€55,153 | +9.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €561,597 | €616,750 | +€55,153 | +9.8% |
| Distributable reserves | 133 | €561,597 | €616,750 | +€55,153 | +9.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €275,380 | €203,118 | -€72,262 | -26.2% |
| Amounts payable after more than one year | 17 | €11,667 | €6,667 | -€5,000 | -42.9% |
| Financial debts | 170/4 | €11,667 | €6,667 | -€5,000 | -42.9% |
| Amounts payable within one year | 42/48 | €263,713 | €196,451 | -€67,262 | -25.5% |
| Current portion of amounts payable after more than one year | 42 | €5,000 | €5,000 | = | 0.0% |
| Trade debts | 44 | €3,625 | €6,037 | +€2,412 | +66.5% |
| Suppliers | 440/4 | €3,625 | €6,037 | +€2,412 | +66.5% |
| Taxes, remuneration and social security | 45 | €50,704 | €55,991 | +€5,287 | +10.4% |
| Taxes | 450/3 | €48,779 | €55,991 | +€7,212 | +14.8% |
| Remuneration and social security | 454/9 | €1,925 | €0 | -€1,925 | -100% |
| Other amounts payable | 47/48 | €204,384 | €129,423 | -€74,961 | -36.7% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,702 | €16,557 | -€144 | -0.9% |
| Other operating charges | 640/8 | €2,498 | €2,701 | +€203 | +8.1% |
| Gross operating margin | 9900 | €287,143 | €305,188 | +€18,045 | +6.3% |
| Operating profit (loss) | 9901 | €267,943 | €285,930 | +€17,987 | +6.7% |
| Financial income | 75/76B | €14,328 | €2,317 | -€12,010 | -83.8% |
| Recurring financial income | 75 | €14,328 | €2,317 | -€12,010 | -83.8% |
| Financial charges | 65/66B | €10,700 | €14,263 | +€3,563 | +33.3% |
| Recurring financial charges | 65 | €10,700 | €14,263 | +€3,563 | +33.3% |
| Profit (loss) for the period before taxes | 9903 | €271,570 | €273,984 | +€2,414 | +0.9% |
| Income taxes | 67/77 | €84,225 | €68,831 | -€15,394 | -18.3% |
| Profit (loss) for the period | 9904 | €187,345 | €205,153 | +€17,808 | +9.5% |
| Profit (loss) for the period to be appropriated | 9905 | €187,345 | €205,153 | +€17,808 | +9.5% |
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 13 October 2026 via checked.be.