Wodecom: 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.
Wodecom
Largest movements
- Cash -€45,995
down €45,995 (-55.2%), from €83,368 to €37,373
mainly Contributions, distributions and other (-€50,000) and Receivables within one year (-€27,114)
- Receivables within one year +€27,114
up €27,114 (+485%), from €5,594 to €32,708
of which Trade receivables: +€27,004
- Deferred charges and accrued income +€1,931
new in 2025: €1,931
- Reserves -€68,000
down €68,000 (-89.5%), from €76,000 to €8,000
- Other debts +€43,401
up €43,401 (+70,285%), from €62 to €43,462
- Tax, wage and social debts +€8,509
up €8,509 (+107%), from €7,952 to €16,461
of which Taxes: +€9,179
- Staff costs +€32,711
up €32,711 (+3,871%), from €845 to €33,556
- Gross operating margin -€8,285
down €8,285 (-32.3%), from €25,632 to €17,346
- Taxes -€4,985
down €4,985 (-97.0%), from €5,139 to €154
- Depreciation +€337
up €337 (+24.9%), from €1,357 to €1,695
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 | €91,402 | €74,332 | -€17,070 | -18.7% |
| Fixed assets | 21/28 | €2,440 | €2,320 | -€120 | -4.9% |
| Tangible fixed assets | 22/27 | €2,440 | €2,320 | -€120 | -4.9% |
| Plant, machinery and equipment | 23 | €355 | €0 | -€355 | -100% |
| Furniture and vehicles | 24 | €2,085 | €988 | -€1,097 | -52.6% |
| Other tangible fixed assets | 26 | - | €1,332 | +€1,332 | |
| Current assets | 29/58 | €88,962 | €72,013 | -€16,949 | -19.1% |
| Amounts receivable within one year | 40/41 | €5,594 | €32,708 | +€27,114 | +485% |
| Trade receivables | 40 | €5,594 | €32,598 | +€27,004 | +483% |
| Other amounts receivable | 41 | - | €110 | +€110 | |
| Cash at bank and in hand | 54/58 | €83,368 | €37,373 | -€45,995 | -55.2% |
| Deferred charges and accrued income | 490/1 | - | €1,931 | +€1,931 | |
| Total equity and liabilities | 10/49 | €91,402 | €74,332 | -€17,070 | -18.7% |
| Equity | 10/15 | €79,915 | €11,404 | -€68,511 | -85.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €76,000 | €8,000 | -€68,000 | -89.5% |
| Distributable reserves | 133 | €76,000 | €8,000 | -€68,000 | -89.5% |
| Profit (loss) carried forward | 14 | €915 | €404 | -€511 | -55.8% |
| Amounts payable | 17/49 | €11,487 | €62,928 | +€51,441 | +448% |
| Amounts payable within one year | 42/48 | €11,487 | €62,928 | +€51,441 | +448% |
| Trade debts | 44 | €3,473 | €3,005 | -€468 | -13.5% |
| Suppliers | 440/4 | €3,473 | €3,005 | -€468 | -13.5% |
| Taxes, remuneration and social security | 45 | €7,952 | €16,461 | +€8,509 | +107% |
| Taxes | 450/3 | €7,282 | €16,461 | +€9,179 | +126% |
| Remuneration and social security | 454/9 | €670 | €0 | -€670 | -100% |
| Other amounts payable | 47/48 | €62 | €43,462 | +€43,401 | +70,285% |
| Remuneration, social security and pensions | 62 | €845 | €33,556 | +€32,711 | +3,871% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,357 | €1,695 | +€337 | +24.9% |
| Other operating charges | 640/8 | €660 | €413 | -€247 | -37.4% |
| Gross operating margin | 9900 | €25,632 | €17,346 | -€8,285 | -32.3% |
| Operating profit (loss) | 9901 | €22,769 | -€18,317 | -€41,086 | |
| Financial income | 75/76B | €1 | €83 | +€82 | +10,246% |
| Recurring financial income | 75 | €1 | €83 | +€82 | +10,246% |
| Financial charges | 65/66B | €66 | €122 | +€57 | +86.5% |
| Recurring financial charges | 65 | €66 | €122 | +€57 | +86.5% |
| Profit (loss) for the period before taxes | 9903 | €22,704 | -€18,357 | -€41,061 | |
| Income taxes | 67/77 | €5,139 | €154 | -€4,985 | -97.0% |
| Profit (loss) for the period | 9904 | €17,565 | -€18,511 | -€36,076 | |
| Profit (loss) for the period to be appropriated | 9905 | €17,565 | -€18,511 | -€36,076 |
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 15 October 2026 via checked.be.