WANDERWORKS: 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.
WANDERWORKS
Largest movements
- Current investments -€91,575
down €91,575 (-3.5%), from €2.6m to €2.6m
- Cash -€66,435
down €66,435 (-17.5%), from €380,030 to €313,595
mainly Tax, wage and social debts (-€144,053) and Contributions, distributions and other (-€140,000)
- Tax, wage and social debts -€144,053
down €144,053 (-85.7%), from €168,021 to €23,967
- Financial income -€1.6m
down €1.6m (-95.2%), from €1.7m to €81,568
- Taxes -€139,822
down €139,822 (-74.7%), from €187,090 to €47,268
- Gross operating margin -€12,586
down €12,586 (-11.5%), from €109,788 to €97,203
- Depreciation -€2,985
down €2,985 (-84.6%), from €3,527 to €542
- Financial charges +€2,905
up €2,905 (+102.9%), from €2,823 to €5,728
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 | €6,202,505 | €6,041,890 | -€160,614 | -2.6% |
| Fixed assets | 21/28 | €3,148,501 | €3,147,959 | -€542 | 0.0% |
| Tangible fixed assets | 22/27 | €542 | €0 | -€542 | -100.0% |
| Plant, machinery and equipment | 23 | €150 | €0 | -€150 | -100.0% |
| Furniture and vehicles | 24 | €392 | €0 | -€392 | -100.0% |
| Financial fixed assets | 28 | €3,147,959 | €3,147,959 | = | 0.0% |
| Current assets | 29/58 | €3,054,003 | €2,893,931 | -€160,072 | -5.2% |
| Amounts receivable within one year | 40/41 | €17,985 | €17,933 | -€53 | -0.3% |
| Trade receivables | 40 | €17,545 | €17,545 | = | 0.0% |
| Other amounts receivable | 41 | €440 | €388 | -€53 | -11.9% |
| Current investments | 50/53 | €2,649,566 | €2,557,991 | -€91,575 | -3.5% |
| Cash at bank and in hand | 54/58 | €380,030 | €313,595 | -€66,435 | -17.5% |
| Deferred charges and accrued income | 490/1 | €6,421 | €4,412 | -€2,010 | -31.3% |
| Total equity and liabilities | 10/49 | €6,202,505 | €6,041,890 | -€160,614 | -2.6% |
| Equity | 10/15 | €6,003,344 | €5,987,193 | -€16,151 | -0.3% |
| Contributions | 10/11 | €3,213,189 | €3,213,189 | = | 0.0% |
| Reserves | 13 | €2,700,050 | €2,683,800 | -€16,250 | -0.6% |
| Distributable reserves | 133 | €2,700,050 | €2,683,800 | -€16,250 | -0.6% |
| Profit (loss) carried forward | 14 | €90,106 | €90,205 | +€99 | +0.1% |
| Amounts payable | 17/49 | €199,161 | €54,697 | -€144,463 | -72.5% |
| Amounts payable within one year | 42/48 | €199,161 | €54,697 | -€144,463 | -72.5% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €394 | €391 | -€3 | -0.8% |
| Suppliers | 440/4 | €394 | €391 | -€3 | -0.8% |
| Taxes, remuneration and social security | 45 | €168,021 | €23,967 | -€144,053 | -85.7% |
| Taxes | 450/3 | €168,021 | €23,967 | -€144,053 | -85.7% |
| Other amounts payable | 47/48 | €30,746 | €30,339 | -€407 | -1.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,527 | €542 | -€2,985 | -84.6% |
| Other operating charges | 640/8 | €1,341 | €1,383 | +€43 | +3.2% |
| Gross operating margin | 9900 | €109,788 | €97,203 | -€12,586 | -11.5% |
| Operating profit (loss) | 9901 | €104,921 | €95,277 | -€9,643 | -9.2% |
| Financial income | 75/76B | €1,685,380 | €81,568 | -€1.6m | -95.2% |
| Recurring financial income | 75 | €1,685,380 | €81,568 | -€1.6m | -95.2% |
| Financial charges | 65/66B | €2,823 | €5,728 | +€2,905 | +102.9% |
| Recurring financial charges | 65 | €2,823 | €5,728 | +€2,905 | +102.9% |
| Profit (loss) for the period before taxes | 9903 | €1,787,477 | €171,117 | -€1.6m | -90.4% |
| Income taxes | 67/77 | €187,090 | €47,268 | -€139,822 | -74.7% |
| Profit (loss) for the period | 9904 | €1,600,386 | €123,849 | -€1.5m | -92.3% |
| Profit (loss) for the period to be appropriated | 9905 | €1,600,386 | €123,849 | -€1.5m | -92.3% |
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 11 October 2026 via checked.be.