WANG: what changed
Two fiscal 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.
WANG
Largest movements
- Cash -€206,241
down €206,241 (-17.6%), from €1.2m to €966,602
mainly Net result for the year (-€383,956) and Trade debts (-€12,287)
- Financial fixed assets -€188,612
down €188,612 (-93.0%), from €202,772 to €14,160
- Profit (loss) carried forward -€383,956
down €383,956 (-466.5%), from -€82,308 to -€466,264
- Financial charges +€163,942
up €163,942 (+151.5%), from €108,177 to €272,118
of which Financial charges: +€83,449
- Gross operating margin -€102,838
down €102,838 (-1061.6%), from -€9,687 to -€112,526
- Taxes +€21,326
up €21,326, from -€21,031 to €295
- Financial income -€13,542
down €13,542 (-93.2%), from €14,525 to €983
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 | €1,376,397 | €981,544 | -€394,853 | -28.7% |
| Fixed assets | 21/28 | €202,772 | €14,160 | -€188,612 | -93.0% |
| Financial fixed assets | 28 | €202,772 | €14,160 | -€188,612 | -93.0% |
| Current assets | 29/58 | €1,173,625 | €967,384 | -€206,241 | -17.6% |
| Cash at bank and in hand | 54/58 | €1,172,844 | €966,602 | -€206,241 | -17.6% |
| Deferred charges and accrued income | 490/1 | €781 | €781 | = | 0.0% |
| Total equity and liabilities | 10/49 | €1,376,397 | €981,544 | -€394,853 | -28.7% |
| Equity | 10/15 | €1,248,733 | €864,777 | -€383,956 | -30.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Revaluation surpluses | 12 | €567,488 | €567,488 | = | 0.0% |
| Reserves | 13 | €744,952 | €744,952 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €743,092 | €743,092 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€82,308 | -€466,264 | -€383,956 | -466.5% |
| Amounts payable | 17/49 | €127,664 | €116,767 | -€10,897 | -8.5% |
| Amounts payable within one year | 42/48 | €66,110 | €55,213 | -€10,897 | -16.5% |
| Trade debts | 44 | €34,528 | €22,241 | -€12,287 | -35.6% |
| Suppliers | 440/4 | €34,528 | €22,241 | -€12,287 | -35.6% |
| Other amounts payable | 47/48 | €31,582 | €32,971 | +€1,389 | +4.4% |
| Accrued charges and deferred income | 492/3 | €61,555 | €61,555 | = | 0.0% |
| Gross operating margin | 9900 | -€9,687 | -€112,526 | -€102,838 | -1061.6% |
| Operating profit (loss) | 9901 | -€9,687 | -€112,526 | -€102,838 | -1061.6% |
| Financial income | 75/76B | €14,525 | €983 | -€13,542 | -93.2% |
| Recurring financial income | 75 | €14,525 | €983 | -€13,542 | -93.2% |
| Financial charges | 65/66B | €108,177 | €272,118 | +€163,942 | +151.5% |
| Recurring financial charges | 65 | €57 | €83,506 | +€83,449 | +146531.0% |
| Non-recurring financial charges | 66B | €108,120 | €188,612 | +€80,492 | +74.4% |
| Profit (loss) for the period before taxes | 9903 | -€103,339 | -€383,661 | -€280,322 | -271.3% |
| Income taxes | 67/77 | -€21,031 | €295 | +€21,326 | |
| Profit (loss) for the period | 9904 | -€82,308 | -€383,956 | -€301,648 | -366.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€82,308 | -€383,956 | -€301,648 | -366.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.