WHOJO!: 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.
WHOJO!
Largest movements
- Tangible fixed assets +€206,093
up €206,093 (+627%), from €32,880 to €238,973
of which Other tangible fixed assets: +€212,259
- Current investments +€125,000
new in 2025: €125,000
- Receivables within one year -€20,445
down €20,445 (-12.5%), from €163,780 to €143,334
of which Other amounts receivable: -€34,132
- Debts after one year +€187,039
up €187,039 (+220%), from €85,000 to €272,039
- Reserves +€82,766
up €82,766 (+27.2%), from €303,890 to €386,656
- Accrued charges and deferred income +€21,000
new in 2025: €21,000
- Current portion of long-term debt +€10,414
new in 2025: €10,414
- Staff costs +€24,334
up €24,334 (+7.0%), from €345,430 to €369,764
- Taxes -€22,444
down €22,444 (-53.7%), from €41,817 to €19,373
- Gross operating margin -€18,347
down €18,347 (-3.5%), from €526,831 to €508,484
- Depreciation +€17,697
up €17,697 (+155%), from €11,418 to €29,115
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.
Derived cash bridge
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 | €514,470 | €812,906 | +€298,436 | +58.0% |
| Fixed assets | 21/28 | €37,109 | €239,002 | +€201,893 | +544% |
| Tangible fixed assets | 22/27 | €32,880 | €238,973 | +€206,093 | +627% |
| Plant, machinery and equipment | 23 | €15,496 | €9,817 | -€5,679 | -36.6% |
| Furniture and vehicles | 24 | €1,170 | €683 | -€488 | -41.7% |
| Other tangible fixed assets | 26 | €16,214 | €228,473 | +€212,259 | +1,309% |
| Financial fixed assets | 28 | €4,229 | €29 | -€4,200 | -99.3% |
| Current assets | 29/58 | €477,361 | €573,904 | +€96,543 | +20.2% |
| Amounts receivable within one year | 40/41 | €163,780 | €143,334 | -€20,445 | -12.5% |
| Trade receivables | 40 | €117,985 | €131,671 | +€13,687 | +11.6% |
| Other amounts receivable | 41 | €45,795 | €11,663 | -€34,132 | -74.5% |
| Current investments | 50/53 | - | €125,000 | +€125,000 | |
| Cash at bank and in hand | 54/58 | €310,514 | €303,261 | -€7,253 | -2.3% |
| Deferred charges and accrued income | 490/1 | €3,067 | €2,309 | -€758 | -24.7% |
| Total equity and liabilities | 10/49 | €514,470 | €812,906 | +€298,436 | +58.0% |
| Equity | 10/15 | €322,440 | €405,206 | +€82,766 | +25.7% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €303,890 | €386,656 | +€82,766 | +27.2% |
| Distributable reserves | 133 | €303,890 | €386,656 | +€82,766 | +27.2% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €192,030 | €407,700 | +€215,671 | +112% |
| Amounts payable after more than one year | 17 | €85,000 | €272,039 | +€187,039 | +220% |
| Financial debts | 170/4 | €85,000 | €272,039 | +€187,039 | +220% |
| Amounts payable within one year | 42/48 | €107,030 | €114,661 | +€7,632 | +7.1% |
| Current portion of amounts payable after more than one year | 42 | - | €10,414 | +€10,414 | |
| Trade debts | 44 | €31,343 | €25,345 | -€5,998 | -19.1% |
| Suppliers | 440/4 | €31,343 | €25,345 | -€5,998 | -19.1% |
| Taxes, remuneration and social security | 45 | €72,896 | €77,703 | +€4,807 | +6.6% |
| Taxes | 450/3 | €8,880 | €19,098 | +€10,218 | +115% |
| Remuneration and social security | 454/9 | €64,016 | €58,605 | -€5,411 | -8.5% |
| Other amounts payable | 47/48 | €2,790 | €1,199 | -€1,591 | -57.0% |
| Accrued charges and deferred income | 492/3 | - | €21,000 | +€21,000 | |
| Remuneration, social security and pensions | 62 | €345,430 | €369,764 | +€24,334 | +7.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,418 | €29,115 | +€17,697 | +155% |
| Other operating charges | 640/8 | €1,750 | €1,512 | -€238 | -13.6% |
| Non-recurring operating charges | 66A | - | €815 | +€815 | |
| Gross operating margin | 9900 | €526,831 | €508,484 | -€18,347 | -3.5% |
| Operating profit (loss) | 9901 | €168,234 | €107,279 | -€60,955 | -36.2% |
| Financial income | 75/76B | €7,413 | €3,364 | -€4,049 | -54.6% |
| Recurring financial income | 75 | €7,413 | €3,364 | -€4,049 | -54.6% |
| Financial charges | 65/66B | €3,410 | €8,504 | +€5,094 | +149% |
| Recurring financial charges | 65 | €3,410 | €8,504 | +€5,094 | +149% |
| Profit (loss) for the period before taxes | 9903 | €172,237 | €102,139 | -€70,098 | -40.7% |
| Income taxes | 67/77 | €41,817 | €19,373 | -€22,444 | -53.7% |
| Profit (loss) for the period | 9904 | €130,420 | €82,766 | -€47,654 | -36.5% |
| Profit (loss) for the period to be appropriated | 9905 | €130,420 | €82,766 | -€47,654 | -36.5% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.