WODAN GROUP: 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 GROUP
Largest movements
- Receivables within one year +€23,430
up €23,430 (+137%), from €17,088 to €40,518
of which Other amounts receivable: +€27,303
- Tangible fixed assets -€8,847
down €8,847 (-32.4%), from €27,320 to €18,473
of which Furniture and vehicles: -€7,324
- Cash -€7,648
down €7,648 (-10.5%), from €72,853 to €65,205
mainly Receivables within one year (-€23,430) and Debts after one year (-€6,882)
- Deferred charges and accrued income -€2,228
no longer reported in 2026 (was €2,228)
- Reserves +€14,756
up €14,756 (+25.6%), from €57,741 to €72,497
- Debts after one year -€6,882
down €6,882 (-59.4%), from €11,581 to €4,700
- Trade debts -€5,757
down €5,757 (-77.0%), from €7,480 to €1,723
- Other debts +€3,294
up €3,294 (+52.2%), from €6,305 to €9,599
- Gross operating margin -€43,670
down €43,670 (-52.9%), from €82,500 to €38,830
- Taxes -€7,022
down €7,022 (-36.6%), from €19,195 to €12,173
- Financial charges -€1,465
down €1,465 (-59.1%), from €2,478 to €1,013
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €119,489 | €124,196 | +€4,707 | +3.9% |
| Fixed assets | 21/28 | €27,320 | €18,473 | -€8,847 | -32.4% |
| Tangible fixed assets | 22/27 | €27,320 | €18,473 | -€8,847 | -32.4% |
| Plant, machinery and equipment | 23 | €5,710 | €5,104 | -€607 | -10.6% |
| Furniture and vehicles | 24 | €19,483 | €12,159 | -€7,324 | -37.6% |
| Other tangible fixed assets | 26 | €2,128 | €1,211 | -€917 | -43.1% |
| Current assets | 29/58 | €92,169 | €105,723 | +€13,554 | +14.7% |
| Amounts receivable within one year | 40/41 | €17,088 | €40,518 | +€23,430 | +137% |
| Trade receivables | 40 | €16,282 | €12,409 | -€3,873 | -23.8% |
| Other amounts receivable | 41 | €806 | €28,109 | +€27,303 | +3,389% |
| Cash at bank and in hand | 54/58 | €72,853 | €65,205 | -€7,648 | -10.5% |
| Deferred charges and accrued income | 490/1 | €2,228 | - | -€2,228 | |
| Total equity and liabilities | 10/49 | €119,489 | €124,196 | +€4,707 | +3.9% |
| Equity | 10/15 | €75,465 | €90,221 | +€14,756 | +19.6% |
| Contributions | 10/11 | €17,724 | €17,724 | = | 0.0% |
| Reserves | 13 | €57,741 | €72,497 | +€14,756 | +25.6% |
| Distributable reserves | 133 | €57,741 | €72,497 | +€14,756 | +25.6% |
| Amounts payable | 17/49 | €44,024 | €33,976 | -€10,049 | -22.8% |
| Amounts payable after more than one year | 17 | €11,581 | €4,700 | -€6,882 | -59.4% |
| Financial debts | 170/4 | €11,581 | €4,700 | -€6,882 | -59.4% |
| Amounts payable within one year | 42/48 | €23,231 | €19,771 | -€3,460 | -14.9% |
| Current portion of amounts payable after more than one year | 42 | €6,686 | €6,882 | +€196 | +2.9% |
| Trade debts | 44 | €7,480 | €1,723 | -€5,757 | -77.0% |
| Suppliers | 440/4 | €7,480 | €1,723 | -€5,757 | -77.0% |
| Taxes, remuneration and social security | 45 | €2,760 | €1,567 | -€1,193 | -43.2% |
| Taxes | 450/3 | €2,760 | €1,567 | -€1,193 | -43.2% |
| Other amounts payable | 47/48 | €6,305 | €9,599 | +€3,294 | +52.2% |
| Accrued charges and deferred income | 492/3 | €9,212 | €9,505 | +€294 | +3.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,235 | €10,501 | +€266 | +2.6% |
| Other operating charges | 640/8 | €941 | €673 | -€268 | -28.5% |
| Gross operating margin | 9900 | €82,500 | €38,830 | -€43,670 | -52.9% |
| Operating profit (loss) | 9901 | €71,324 | €27,656 | -€43,668 | -61.2% |
| Financial income | 75/76B | €2 | €285 | +€283 | +18,893% |
| Recurring financial income | 75 | €2 | €285 | +€283 | +18,893% |
| Financial charges | 65/66B | €2,478 | €1,013 | -€1,465 | -59.1% |
| Recurring financial charges | 65 | €2,478 | €1,013 | -€1,465 | -59.1% |
| Profit (loss) for the period before taxes | 9903 | €68,848 | €26,928 | -€41,919 | -60.9% |
| Income taxes | 67/77 | €19,195 | €12,173 | -€7,022 | -36.6% |
| Profit (loss) for the period | 9904 | €49,653 | €14,756 | -€34,898 | -70.3% |
| Profit (loss) for the period to be appropriated | 9905 | €49,653 | €14,756 | -€34,898 | -70.3% |
Source: filed annual accounts (NBB), financial years ended 30 April 2025 and 30 April 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.