WANGSO: 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.
WANGSO
Largest movements
- Cash +€26,536
up €26,536 (+74.3%), from €35,692 to €62,228
mainly Net result for the year (+€29,052) and Depreciation (+€1,842)
- Receivables within one year +€3,702
up €3,702 (+127.6%), from €2,902 to €6,604
of which Trade receivables: +€3,480
- Tangible fixed assets -€1,136
down €1,136 (-16.4%), from €6,937 to €5,801
- Reserves +€29,052
up €29,052 (+93.2%), from €31,173 to €60,225
- Other debts +€806
up €806 (+37.5%), from €2,149 to €2,955
- Depreciation +€1,677
up €1,677 (+1017.3%), from €165 to €1,842
- Taxes -€674
down €674 (-5.7%), from €11,765 to €11,091
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 | €45,666 | €74,770 | +€29,105 | +63.7% |
| Fixed assets | 21/28 | €6,937 | €5,801 | -€1,136 | -16.4% |
| Tangible fixed assets | 22/27 | €6,937 | €5,801 | -€1,136 | -16.4% |
| Plant, machinery and equipment | 23 | €6,937 | €5,801 | -€1,136 | -16.4% |
| Current assets | 29/58 | €38,728 | €68,969 | +€30,241 | +78.1% |
| Amounts receivable within one year | 40/41 | €2,902 | €6,604 | +€3,702 | +127.6% |
| Trade receivables | 40 | €2,902 | €6,382 | +€3,480 | +119.9% |
| Other amounts receivable | 41 | - | €222 | +€222 | |
| Cash at bank and in hand | 54/58 | €35,692 | €62,228 | +€26,536 | +74.3% |
| Deferred charges and accrued income | 490/1 | €135 | €137 | +€3 | +2.0% |
| Total equity and liabilities | 10/49 | €45,666 | €74,770 | +€29,105 | +63.7% |
| Equity | 10/15 | €31,673 | €60,725 | +€29,052 | +91.7% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Reserves | 13 | €31,173 | €60,225 | +€29,052 | +93.2% |
| Distributable reserves | 133 | €31,173 | €60,225 | +€29,052 | +93.2% |
| Amounts payable | 17/49 | €13,993 | €14,045 | +€52 | +0.4% |
| Amounts payable within one year | 42/48 | €13,993 | €14,045 | +€52 | +0.4% |
| Trade debts | 44 | €79 | - | -€79 | |
| Suppliers | 440/4 | €79 | - | -€79 | |
| Taxes, remuneration and social security | 45 | €11,765 | €11,091 | -€674 | -5.7% |
| Taxes | 450/3 | €11,765 | €11,091 | -€674 | -5.7% |
| Other amounts payable | 47/48 | €2,149 | €2,955 | +€806 | +37.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €165 | €1,842 | +€1,677 | +1017.3% |
| Other operating charges | 640/8 | €106 | €208 | +€102 | +96.9% |
| Non-recurring operating charges | 66A | - | €773 | +€773 | |
| Gross operating margin | 9900 | €43,234 | €43,021 | -€213 | -0.5% |
| Operating profit (loss) | 9901 | €42,964 | €40,198 | -€2,766 | -6.4% |
| Financial income | 75/76B | €0 | €0 | +€0 | +100.0% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +100.0% |
| Financial charges | 65/66B | €26 | €55 | +€29 | +110.6% |
| Recurring financial charges | 65 | €26 | €55 | +€29 | +110.6% |
| Profit (loss) for the period before taxes | 9903 | €42,938 | €40,143 | -€2,795 | -6.5% |
| Income taxes | 67/77 | €11,765 | €11,091 | -€674 | -5.7% |
| Profit (loss) for the period | 9904 | €31,173 | €29,052 | -€2,120 | -6.8% |
| Profit (loss) for the period to be appropriated | 9905 | €31,173 | €29,052 | -€2,120 | -6.8% |
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 9 October 2026 via checked.be.