Wodan & Co: 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.
Wodan & Co
Largest movements
- Cash -€54,790
down €54,790 (-100%), from €54,790 to €0
mainly Debts after one year (-€39,657) and Net result for the year (-€21,615)
- Tangible fixed assets -€36,226
down €36,226 (-96.7%), from €37,463 to €1,238
of which Furniture and vehicles: -€35,914
- Receivables within one year +€16,082
up €16,082 (+108%), from €14,914 to €30,996
of which Other amounts receivable: +€19,175
- Current investments -€9,968
down €9,968 (-99.0%), from €10,067 to €99
- Intangible fixed assets +€8,501
up €8,501 (+326%), from €2,609 to €11,110
- Debts after one year -€39,657
down €39,657 (-67.6%), from €58,657 to €19,000
- Profit (loss) carried forward -€21,615
down €21,615 (-121%), from -€17,870 to -€39,485
- Tax, wage and social debts -€20,686
down €20,686 (-74.1%), from €27,902 to €7,216
of which Remuneration and social security: -€15,639
- Short-term financial debts +€19,757
up €19,757, from €0 to €19,757
- Current portion of long-term debt -€11,258
down €11,258 (-26.6%), from €42,347 to €31,089
- Gross operating margin -€141,705
down €141,705 (-67.4%), from €210,147 to €68,442
- Staff costs -€11,286
down €11,286 (-14.3%), from €78,652 to €67,366
- Financial charges -€7,132
down €7,132 (-41.4%), from €17,242 to €10,109
- Depreciation -€3,506
down €3,506 (-60.7%), from €5,774 to €2,267
- Taxes -€2,992
down €2,992 (-75.9%), from €3,941 to €949
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 | €124,465 | €51,231 | -€73,234 | -58.8% |
| Fixed assets | 21/28 | €40,823 | €17,598 | -€23,225 | -56.9% |
| Intangible fixed assets | 21 | €2,609 | €11,110 | +€8,501 | +326% |
| Tangible fixed assets | 22/27 | €37,463 | €1,238 | -€36,226 | -96.7% |
| Plant, machinery and equipment | 23 | €926 | €615 | -€311 | -33.6% |
| Furniture and vehicles | 24 | €36,537 | €623 | -€35,914 | -98.3% |
| Financial fixed assets | 28 | €750 | €5,250 | +€4,500 | +600% |
| Current assets | 29/58 | €83,642 | €33,634 | -€50,009 | -59.8% |
| Amounts receivable within one year | 40/41 | €14,914 | €30,996 | +€16,082 | +108% |
| Trade receivables | 40 | €14,278 | €11,185 | -€3,093 | -21.7% |
| Other amounts receivable | 41 | €636 | €19,811 | +€19,175 | +3,015% |
| Current investments | 50/53 | €10,067 | €99 | -€9,968 | -99.0% |
| Cash at bank and in hand | 54/58 | €54,790 | €0 | -€54,790 | -100% |
| Deferred charges and accrued income | 490/1 | €3,871 | €2,538 | -€1,333 | -34.4% |
| Total equity and liabilities | 10/49 | €124,465 | €51,231 | -€73,234 | -58.8% |
| Equity | 10/15 | -€14,870 | -€36,485 | -€21,615 | -145% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€17,870 | -€39,485 | -€21,615 | -121% |
| Amounts payable | 17/49 | €139,335 | €87,716 | -€51,619 | -37.0% |
| Amounts payable after more than one year | 17 | €58,657 | €19,000 | -€39,657 | -67.6% |
| Financial debts | 170/4 | €58,657 | €19,000 | -€39,657 | -67.6% |
| Amounts payable within one year | 42/48 | €80,678 | €67,775 | -€12,903 | -16.0% |
| Current portion of amounts payable after more than one year | 42 | €42,347 | €31,089 | -€11,258 | -26.6% |
| Financial debts | 43 | €0 | €19,757 | +€19,757 | |
| Other loans | 439 | €0 | €19,757 | +€19,757 | |
| Trade debts | 44 | €9,611 | €9,713 | +€103 | +1.1% |
| Suppliers | 440/4 | €9,611 | €9,713 | +€103 | +1.1% |
| Taxes, remuneration and social security | 45 | €27,902 | €7,216 | -€20,686 | -74.1% |
| Taxes | 450/3 | €12,263 | €7,216 | -€5,047 | -41.2% |
| Remuneration and social security | 454/9 | €15,639 | €0 | -€15,639 | -100% |
| Other amounts payable | 47/48 | €818 | €0 | -€818 | -100% |
| Accrued charges and deferred income | 492/3 | - | €941 | +€941 | |
| Remuneration, social security and pensions | 62 | €78,652 | €67,366 | -€11,286 | -14.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,774 | €2,267 | -€3,506 | -60.7% |
| Other operating charges | 640/8 | €576 | €914 | +€338 | +58.7% |
| Non-recurring operating charges | 66A | - | €9,016 | +€9,016 | |
| Gross operating margin | 9900 | €210,147 | €68,442 | -€141,705 | -67.4% |
| Operating profit (loss) | 9901 | €125,146 | -€11,121 | -€136,267 | |
| Financial income | 75/76B | €99 | €564 | +€466 | +471% |
| Recurring financial income | 75 | €99 | €564 | +€466 | +471% |
| Financial charges | 65/66B | €17,242 | €10,109 | -€7,132 | -41.4% |
| Recurring financial charges | 65 | €17,242 | €10,109 | -€7,132 | -41.4% |
| Profit (loss) for the period before taxes | 9903 | €108,003 | -€20,666 | -€128,669 | |
| Income taxes | 67/77 | €3,941 | €949 | -€2,992 | -75.9% |
| Profit (loss) for the period | 9904 | €104,062 | -€21,615 | -€125,677 | |
| Profit (loss) for the period to be appropriated | 9905 | €104,062 | -€21,615 | -€125,677 |
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 15 October 2026 via checked.be.