WODA-TECH: 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.
WODA-TECH
Largest movements
- Receivables within one year -€3,193
down €3,193 (-18.6%), from €17,157 to €13,964
of which Trade receivables: -€2,672
- Tangible fixed assets -€2,136
down €2,136 (-28.1%), from €7,614 to €5,478
of which Furniture and vehicles: -€2,939
- Cash +€1,228
up €1,228 (+7.9%), from €15,598 to €16,826
mainly Net result for the year (+€12,048) and Depreciation (+€5,163)
- Deferred charges and accrued income +€439
up €439 (+46.5%), from €944 to €1,382
- Profit (loss) carried forward +€12,048
up €12,048 (+67.1%), from -€17,957 to -€5,909
- Debts after one year -€10,748
no longer reported in 2025 (was €10,748)
- Trade debts -€3,640
down €3,640 (-69.7%), from €5,220 to €1,580
- Current portion of long-term debt -€1,576
down €1,576 (-12.8%), from €12,323 to €10,748
- Gross operating margin +€12,634
up €12,634 (+163%), from €7,756 to €20,390
- Depreciation +€2,692
up €2,692 (+109%), from €2,471 to €5,163
- Taxes +€853
new in 2025: €853
- Financial charges -€505
down €505 (-37.6%), from €1,343 to €838
- Other operating charges -€273
down €273 (-12.3%), from €2,213 to €1,940
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 | €41,313 | €37,651 | -€3,662 | -8.9% |
| Fixed assets | 21/28 | €7,614 | €5,478 | -€2,136 | -28.1% |
| Tangible fixed assets | 22/27 | €7,614 | €5,478 | -€2,136 | -28.1% |
| Plant, machinery and equipment | 23 | €4,306 | €5,109 | +€803 | +18.6% |
| Furniture and vehicles | 24 | €3,308 | €369 | -€2,939 | -88.8% |
| Current assets | 29/58 | €33,699 | €32,173 | -€1,526 | -4.5% |
| Amounts receivable within one year | 40/41 | €17,157 | €13,964 | -€3,193 | -18.6% |
| Trade receivables | 40 | €6,811 | €4,139 | -€2,672 | -39.2% |
| Other amounts receivable | 41 | €10,346 | €9,825 | -€521 | -5.0% |
| Cash at bank and in hand | 54/58 | €15,598 | €16,826 | +€1,228 | +7.9% |
| Deferred charges and accrued income | 490/1 | €944 | €1,382 | +€439 | +46.5% |
| Total equity and liabilities | 10/49 | €41,313 | €37,651 | -€3,662 | -8.9% |
| Equity | 10/15 | €2,453 | €14,501 | +€12,048 | +491% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€17,957 | -€5,909 | +€12,048 | +67.1% |
| Amounts payable | 17/49 | €38,860 | €23,150 | -€15,710 | -40.4% |
| Amounts payable after more than one year | 17 | €10,748 | - | -€10,748 | |
| Financial debts | 170/4 | €10,748 | - | -€10,748 | |
| Amounts payable within one year | 42/48 | €28,113 | €23,150 | -€4,963 | -17.7% |
| Current portion of amounts payable after more than one year | 42 | €12,323 | €10,748 | -€1,576 | -12.8% |
| Financial debts | 43 | - | €250 | +€250 | |
| Credit institutions | 430/8 | - | €250 | +€250 | |
| Trade debts | 44 | €5,220 | €1,580 | -€3,640 | -69.7% |
| Suppliers | 440/4 | €5,220 | €1,580 | -€3,640 | -69.7% |
| Taxes, remuneration and social security | 45 | €10,569 | €10,573 | +€3 | 0.0% |
| Taxes | 450/3 | €569 | - | -€569 | |
| Remuneration and social security | 454/9 | €10,000 | €10,573 | +€573 | +5.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,471 | €5,163 | +€2,692 | +109% |
| Other operating charges | 640/8 | €2,213 | €1,940 | -€273 | -12.3% |
| Gross operating margin | 9900 | €7,756 | €20,390 | +€12,634 | +163% |
| Operating profit (loss) | 9901 | €3,072 | €13,286 | +€10,214 | +332% |
| Financial income | 75/76B | €519 | €453 | -€67 | -12.8% |
| Recurring financial income | 75 | €519 | €453 | -€67 | -12.8% |
| Financial charges | 65/66B | €1,343 | €838 | -€505 | -37.6% |
| Recurring financial charges | 65 | €1,343 | €838 | -€505 | -37.6% |
| Profit (loss) for the period before taxes | 9903 | €2,249 | €12,901 | +€10,652 | +474% |
| Income taxes | 67/77 | - | €853 | +€853 | |
| Profit (loss) for the period | 9904 | €2,249 | €12,048 | +€9,800 | +436% |
| Profit (loss) for the period to be appropriated | 9905 | €2,249 | €12,048 | +€9,800 | +436% |
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 13 October 2026 via checked.be.