Wodan Services: 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.
Wodan Services
Largest movements
- Cash +€17,898
up €17,898 (+77.3%), from €23,142 to €41,041
mainly Other debts (+€51,908) and Net result for the year (+€15,372)
- Tangible fixed assets +€6,706
up €6,706 (+56.9%), from €11,780 to €18,486
of which Furniture and vehicles: +€10,297
- Receivables within one year -€3,328
down €3,328 (-66.3%), from €5,022 to €1,694
- Other debts +€51,908
up €51,908 (+360.4%), from €14,402 to €66,310
- Profit (loss) carried forward -€34,628
down €34,628 (-84.8%), from €40,821 to €6,192
- Tax, wage and social debts +€3,036
up €3,036 (+207.1%), from €1,466 to €4,502
- Trade debts +€1,237
up €1,237 (+485.8%), from €255 to €1,492
- Gross operating margin +€5,208
up €5,208 (+29.6%), from €17,622 to €22,830
- Taxes +€1,012
up €1,012 (+626.6%), from €162 to €1,174
- Financial charges +€946
up €946 (+393.3%), from €241 to €1,186
- Depreciation +€711
up €711 (+20.2%), from €3,522 to €4,233
- Other operating charges -€568
down €568 (-39.6%), from €1,433 to €865
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 | €59,944 | €81,496 | +€21,552 | +36.0% |
| Fixed assets | 21/28 | €11,780 | €18,486 | +€6,706 | +56.9% |
| Tangible fixed assets | 22/27 | €11,780 | €18,486 | +€6,706 | +56.9% |
| Plant, machinery and equipment | 23 | €6,035 | €3,080 | -€2,956 | -49.0% |
| Furniture and vehicles | 24 | - | €10,297 | +€10,297 | |
| Other tangible fixed assets | 26 | €5,744 | €5,109 | -€635 | -11.1% |
| Current assets | 29/58 | €48,164 | €63,010 | +€14,846 | +30.8% |
| Stocks and contracts in progress | 3 | €20,000 | €20,000 | = | 0.0% |
| Stocks | 30/36 | €20,000 | €20,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €5,022 | €1,694 | -€3,328 | -66.3% |
| Trade receivables | 40 | €5,022 | €1,694 | -€3,328 | -66.3% |
| Cash at bank and in hand | 54/58 | €23,142 | €41,041 | +€17,898 | +77.3% |
| Deferred charges and accrued income | 490/1 | - | €275 | +€275 | |
| Total equity and liabilities | 10/49 | €59,944 | €81,496 | +€21,552 | +36.0% |
| Equity | 10/15 | €43,821 | €9,192 | -€34,628 | -79.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €40,821 | €6,192 | -€34,628 | -84.8% |
| Amounts payable | 17/49 | €16,123 | €72,303 | +€56,181 | +348.5% |
| Amounts payable within one year | 42/48 | €16,123 | €72,303 | +€56,181 | +348.5% |
| Trade debts | 44 | €255 | €1,492 | +€1,237 | +485.8% |
| Suppliers | 440/4 | €255 | €1,492 | +€1,237 | +485.8% |
| Taxes, remuneration and social security | 45 | €1,466 | €4,502 | +€3,036 | +207.1% |
| Taxes | 450/3 | €1,466 | €4,502 | +€3,036 | +207.1% |
| Other amounts payable | 47/48 | €14,402 | €66,310 | +€51,908 | +360.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,522 | €4,233 | +€711 | +20.2% |
| Other operating charges | 640/8 | €1,433 | €865 | -€568 | -39.6% |
| Gross operating margin | 9900 | €17,622 | €22,830 | +€5,208 | +29.6% |
| Operating profit (loss) | 9901 | €12,667 | €17,732 | +€5,065 | +40.0% |
| Financial income | 75/76B | €0 | €0 | = | 0.0% |
| Recurring financial income | 75 | €0 | €0 | = | 0.0% |
| Financial charges | 65/66B | €241 | €1,186 | +€946 | +393.3% |
| Recurring financial charges | 65 | €241 | €1,186 | +€946 | +393.3% |
| Profit (loss) for the period before taxes | 9903 | €12,426 | €16,546 | +€4,119 | +33.1% |
| Income taxes | 67/77 | €162 | €1,174 | +€1,012 | +626.6% |
| Profit (loss) for the period | 9904 | €12,265 | €15,372 | +€3,107 | +25.3% |
| Profit (loss) for the period to be appropriated | 9905 | €12,265 | €15,372 | +€3,107 | +25.3% |
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 2 October 2026 via checked.be.