WAHOO: 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.
WAHOO
Largest movements
- Cash +€18,634
up €18,634 (+23.5%), from €79,258 to €97,892
mainly Net result for the year (+€43,369) and Depreciation (+€18,256)
- Tangible fixed assets -€16,031
down €16,031 (-21.1%), from €75,968 to €59,937
of which Furniture and vehicles: -€8,774
- Deferred charges and accrued income -€3,249
down €3,249 (-89.3%), from €3,640 to €391
- Reserves +€17,446
up €17,446 (+13.8%), from €126,225 to €143,671
- Tax, wage and social debts -€7,948
down €7,948 (-38.7%), from €20,543 to €12,594
- Other debts -€6,174
down €6,174 (-17.5%), from €35,196 to €29,022
- Trade debts -€5,276
down €5,276 (-58.3%), from €9,055 to €3,778
- Gross operating margin +€30,783
up €30,783 (+61.7%), from €49,924 to €80,707
- Taxes +€8,145
up €8,145 (+85.5%), from €9,525 to €17,670
- Depreciation +€2,639
up €2,639 (+16.9%), from €15,617 to €18,256
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 | €197,219 | €195,266 | -€1,952 | -1.0% |
| Fixed assets | 21/28 | €76,218 | €60,187 | -€16,031 | -21.0% |
| Tangible fixed assets | 22/27 | €75,968 | €59,937 | -€16,031 | -21.1% |
| Plant, machinery and equipment | 23 | €7,802 | €6,705 | -€1,097 | -14.1% |
| Furniture and vehicles | 24 | €20,299 | €11,525 | -€8,774 | -43.2% |
| Other tangible fixed assets | 26 | €47,867 | €41,707 | -€6,160 | -12.9% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €121,000 | €135,079 | +€14,079 | +11.6% |
| Amounts receivable within one year | 40/41 | €38,103 | €36,797 | -€1,306 | -3.4% |
| Trade receivables | 40 | €37,606 | €36,300 | -€1,306 | -3.5% |
| Other amounts receivable | 41 | €497 | €497 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €79,258 | €97,892 | +€18,634 | +23.5% |
| Deferred charges and accrued income | 490/1 | €3,640 | €391 | -€3,249 | -89.3% |
| Total equity and liabilities | 10/49 | €197,219 | €195,266 | -€1,952 | -1.0% |
| Equity | 10/15 | €132,425 | €149,871 | +€17,446 | +13.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €126,225 | €143,671 | +€17,446 | +13.8% |
| Distributable reserves | 133 | €126,225 | €143,671 | +€17,446 | +13.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €64,794 | €45,395 | -€19,399 | -29.9% |
| Amounts payable within one year | 42/48 | €64,794 | €45,395 | -€19,399 | -29.9% |
| Trade debts | 44 | €9,055 | €3,778 | -€5,276 | -58.3% |
| Suppliers | 440/4 | €9,055 | €3,778 | -€5,276 | -58.3% |
| Taxes, remuneration and social security | 45 | €20,543 | €12,594 | -€7,948 | -38.7% |
| Taxes | 450/3 | €20,543 | €12,594 | -€7,948 | -38.7% |
| Other amounts payable | 47/48 | €35,196 | €29,022 | -€6,174 | -17.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,617 | €18,256 | +€2,639 | +16.9% |
| Other operating charges | 640/8 | €1,324 | €1,510 | +€186 | +14.0% |
| Gross operating margin | 9900 | €49,924 | €80,707 | +€30,783 | +61.7% |
| Operating profit (loss) | 9901 | €32,983 | €60,941 | +€27,958 | +84.8% |
| Financial income | 75/76B | €92 | €294 | +€202 | +218.7% |
| Recurring financial income | 75 | €92 | €294 | +€202 | +218.7% |
| Financial charges | 65/66B | €589 | €196 | -€392 | -66.6% |
| Recurring financial charges | 65 | €589 | €196 | -€392 | -66.6% |
| Profit (loss) for the period before taxes | 9903 | €32,487 | €61,039 | +€28,552 | +87.9% |
| Income taxes | 67/77 | €9,525 | €17,670 | +€8,145 | +85.5% |
| Profit (loss) for the period | 9904 | €22,962 | €43,369 | +€20,407 | +88.9% |
| Profit (loss) for the period to be appropriated | 9905 | €22,962 | €43,369 | +€20,407 | +88.9% |
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 10 October 2026 via checked.be.