WAOW: 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.
WAOW
Largest movements
- Cash +€5,752
up €5,752 (+72.6%), from €7,924 to €13,676
mainly Net result for the year (+€17,839) and Receivables within one year (+€174)
- Receivables within one year -€174
no longer reported in 2025 (was €174)
- Profit (loss) carried forward +€17,840
up €17,840 (+64.3%), from -€27,764 to -€9,924
- Debts after one year -€11,537
down €11,537 (-78.6%), from €14,679 to €3,142
- Tax, wage and social debts -€736
down €736 (-28.5%), from €2,583 to €1,847
- Purchases and services -€12,690
down €12,690 (-81.2%), from €15,631 to €2,941
- Turnover -€7,126
down €7,126 (-25.2%), from €28,306 to €21,180
- Gross operating margin +€5,564
up €5,564 (+43.9%), from €12,675 to €18,239
- Other operating charges +€399
new in 2025: €399
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 | €8,098 | €13,676 | +€5,578 | +68.9% |
| Current assets | 29/58 | €8,098 | €13,676 | +€5,578 | +68.9% |
| Amounts receivable within one year | 40/41 | €174 | - | -€174 | |
| Trade receivables | 40 | €174 | - | -€174 | |
| Cash at bank and in hand | 54/58 | €7,924 | €13,676 | +€5,752 | +72.6% |
| Total equity and liabilities | 10/49 | €8,098 | €13,676 | +€5,578 | +68.9% |
| Equity | 10/15 | -€9,164 | €8,676 | +€17,840 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€27,764 | -€9,924 | +€17,840 | +64.3% |
| Amounts payable | 17/49 | €17,262 | €5,000 | -€12,262 | -71.0% |
| Amounts payable after more than one year | 17 | €14,679 | €3,142 | -€11,537 | -78.6% |
| Other amounts payable | 178/9 | €14,679 | €3,142 | -€11,537 | -78.6% |
| Amounts payable within one year | 42/48 | €2,583 | €1,855 | -€728 | -28.2% |
| Taxes, remuneration and social security | 45 | €2,583 | €1,847 | -€736 | -28.5% |
| Taxes | 450/3 | €2,583 | €1,847 | -€736 | -28.5% |
| Other amounts payable | 47/48 | - | €7 | +€7 | |
| Accrued charges and deferred income | 492/3 | - | €4 | +€4 | |
| Turnover | 70 | €28,306 | €21,180 | -€7,126 | -25.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €15,631 | €2,941 | -€12,690 | -81.2% |
| Other operating charges | 640/8 | - | €399 | +€399 | |
| Gross operating margin | 9900 | €12,675 | €18,239 | +€5,564 | +43.9% |
| Operating profit (loss) | 9901 | €12,675 | €17,839 | +€5,164 | +40.7% |
| Financial charges | 65/66B | €25 | - | -€25 | |
| Recurring financial charges | 65 | €25 | - | -€25 | |
| Non-recurring financial charges | 66B | €25 | - | -€25 | |
| Profit (loss) for the period before taxes | 9903 | €12,650 | €17,839 | +€5,189 | +41.0% |
| Profit (loss) for the period | 9904 | €12,650 | €17,839 | +€5,189 | +41.0% |
| Profit (loss) for the period to be appropriated | 9905 | €12,650 | €17,839 | +€5,189 | +41.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.