Waooh !: 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.
Waooh !
Largest movements
- Receivables within one year -€1.3m
down €1.3m (-72.9%), from €1.8m to €489,268
of which Trade receivables: -€1.3m
- Cash +€120,626
up €120,626 (+19.5%), from €617,606 to €738,232
mainly Receivables within one year (+€1.3m) and Net result for the year (+€275,880)
- Intangible fixed assets -€40,256
down €40,256 (-32.0%), from €125,708 to €85,452
- Deferred charges and accrued income -€38,560
down €38,560 (-99.8%), from €38,632 to €72
- Trade debts -€604,134
down €604,134 (-56.2%), from €1.1m to €471,109
- Tax, wage and social debts -€466,226
down €466,226 (-58.6%), from €795,851 to €329,625
of which Taxes: -€399,950
- Accrued charges and deferred income -€452,399
no longer reported in 2024 (was €452,399)
- Profit (loss) carried forward +€275,880
up €275,880 (+149%), from €185,061 to €460,941
- Staff costs -€328,334
down €328,334 (-9.6%), from €3.4m to €3.1m
- Gross operating margin -€83,410
down €83,410 (-2.3%), from €3.6m to €3.5m
- Taxes +€64,890
up €64,890 (+161%), from €40,245 to €105,135
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,617,812 | €1,328,363 | -€1.3m | -49.3% |
| Fixed assets | 21/28 | €157,047 | €100,791 | -€56,256 | -35.8% |
| Intangible fixed assets | 21 | €125,708 | €85,452 | -€40,256 | -32.0% |
| Tangible fixed assets | 22/27 | €31,339 | €15,339 | -€16,000 | -51.1% |
| Furniture and vehicles | 24 | €31,339 | €15,339 | -€16,000 | -51.1% |
| Current assets | 29/58 | €2,460,765 | €1,227,572 | -€1.2m | -50.1% |
| Amounts receivable within one year | 40/41 | €1,804,527 | €489,268 | -€1.3m | -72.9% |
| Trade receivables | 40 | €1,804,512 | €489,253 | -€1.3m | -72.9% |
| Other amounts receivable | 41 | €15 | €15 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €617,606 | €738,232 | +€120,626 | +19.5% |
| Deferred charges and accrued income | 490/1 | €38,632 | €72 | -€38,560 | -99.8% |
| Total equity and liabilities | 10/49 | €2,617,812 | €1,328,363 | -€1.3m | -49.3% |
| Equity | 10/15 | €205,521 | €481,401 | +€275,880 | +134% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €185,061 | €460,941 | +€275,880 | +149% |
| Amounts payable | 17/49 | €2,412,291 | €846,962 | -€1.6m | -64.9% |
| Amounts payable after more than one year | 17 | €42,155 | €24,435 | -€17,720 | -42.0% |
| Financial debts | 170/4 | €42,155 | €24,435 | -€17,720 | -42.0% |
| Amounts payable within one year | 42/48 | €1,917,737 | €822,527 | -€1.1m | -57.1% |
| Current portion of amounts payable after more than one year | 42 | €16,982 | €17,789 | +€807 | +4.8% |
| Trade debts | 44 | €1,075,243 | €471,109 | -€604,134 | -56.2% |
| Suppliers | 440/4 | €1,075,243 | €471,109 | -€604,134 | -56.2% |
| Taxes, remuneration and social security | 45 | €795,851 | €329,625 | -€466,226 | -58.6% |
| Taxes | 450/3 | €403,963 | €4,013 | -€399,950 | -99.0% |
| Remuneration and social security | 454/9 | €391,888 | €325,612 | -€66,276 | -16.9% |
| Other amounts payable | 47/48 | €29,661 | €4,004 | -€25,657 | -86.5% |
| Accrued charges and deferred income | 492/3 | €452,399 | - | -€452,399 | |
| Remuneration, social security and pensions | 62 | €3,406,616 | €3,078,282 | -€328,334 | -9.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,541 | €57,943 | +€28,402 | +96.1% |
| Other operating charges | 640/8 | €2,015 | €1,408 | -€607 | -30.1% |
| Gross operating margin | 9900 | €3,604,111 | €3,520,701 | -€83,410 | -2.3% |
| Operating profit (loss) | 9901 | €165,939 | €383,068 | +€217,129 | +131% |
| Financial income | 75/76B | €17 | €734 | +€717 | +4,218% |
| Recurring financial income | 75 | €17 | €734 | +€717 | +4,218% |
| Financial charges | 65/66B | €3,255 | €2,787 | -€468 | -14.4% |
| Recurring financial charges | 65 | €3,255 | €2,787 | -€468 | -14.4% |
| Profit (loss) for the period before taxes | 9903 | €162,701 | €381,015 | +€218,314 | +134% |
| Income taxes | 67/77 | €40,245 | €105,135 | +€64,890 | +161% |
| Profit (loss) for the period | 9904 | €122,456 | €275,880 | +€153,424 | +125% |
| Profit (loss) for the period to be appropriated | 9905 | €122,456 | €275,880 | +€153,424 | +125% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.