WODIAM: 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.
WODIAM
Largest movements
- Tangible fixed assets -€971,417
down €971,417 (-54.1%), from €1.8m to €825,087
of which Land and buildings: -€806,541
- Receivables within one year +€312,396
up €312,396 (+124.3%), from €251,424 to €563,820
of which Other amounts receivable: +€286,235
- Cash +€86,075
up €86,075 (+12.1%), from €709,750 to €795,825
mainly Investment in fixed assets (net) (+€771,970) and Net result for the year (+€283,408)
- Debts after one year -€726,089
down €726,089 (-55.6%), from €1.3m to €580,164
- Reserves +€183,408
up €183,408 (+15.0%), from €1.2m to €1.4m
- Other debts -€53,276
down €53,276 (-30.2%), from €176,598 to €123,322
- Gross operating margin +€249,874
up €249,874 (+55.1%), from €453,895 to €703,769
- Depreciation +€68,220
up €68,220 (+58.5%), from €116,601 to €184,821
- Taxes +€43,547
up €43,547 (+124.8%), from €34,885 to €78,431
- Financial charges +€19,296
up €19,296 (+30.4%), from €63,371 to €82,667
- Staff costs +€10,745
up €10,745 (+20.3%), from €52,929 to €63,674
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 | €2,955,128 | €2,383,010 | -€572,118 | -19.4% |
| Fixed assets | 21/28 | €1,818,074 | €861,282 | -€956,792 | -52.6% |
| Intangible fixed assets | 21 | €8,070 | €22,695 | +€14,625 | +181.2% |
| Tangible fixed assets | 22/27 | €1,796,503 | €825,087 | -€971,417 | -54.1% |
| Land and buildings | 22 | €806,541 | - | -€806,541 | |
| Plant, machinery and equipment | 23 | €125,021 | €132,803 | +€7,782 | +6.2% |
| Furniture and vehicles | 24 | €204,741 | €126,749 | -€77,992 | -38.1% |
| Leasing and similar rights | 25 | €656,252 | €562,060 | -€94,191 | -14.4% |
| Other tangible fixed assets | 26 | €3,948 | €3,474 | -€474 | -12.0% |
| Financial fixed assets | 28 | €13,500 | €13,500 | = | 0.0% |
| Current assets | 29/58 | €1,137,054 | €1,521,728 | +€384,674 | +33.8% |
| Amounts receivable after more than one year | 29 | €2,183 | €396 | -€1,787 | -81.9% |
| Other amounts receivable | 291 | €2,183 | €396 | -€1,787 | -81.9% |
| Stocks and contracts in progress | 3 | €131,071 | €140,868 | +€9,797 | +7.5% |
| Stocks | 30/36 | €131,071 | €140,868 | +€9,797 | +7.5% |
| Amounts receivable within one year | 40/41 | €251,424 | €563,820 | +€312,396 | +124.3% |
| Trade receivables | 40 | €224,789 | €250,951 | +€26,161 | +11.6% |
| Other amounts receivable | 41 | €26,635 | €312,870 | +€286,235 | +1074.7% |
| Cash at bank and in hand | 54/58 | €709,750 | €795,825 | +€86,075 | +12.1% |
| Deferred charges and accrued income | 490/1 | €42,626 | €20,818 | -€21,808 | -51.2% |
| Total equity and liabilities | 10/49 | €2,955,128 | €2,383,010 | -€572,118 | -19.4% |
| Equity | 10/15 | €1,241,501 | €1,424,909 | +€183,408 | +14.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,222,901 | €1,406,309 | +€183,408 | +15.0% |
| Distributable reserves | 133 | €1,222,901 | €1,406,309 | +€183,408 | +15.0% |
| Amounts payable | 17/49 | €1,713,627 | €958,101 | -€755,526 | -44.1% |
| Amounts payable after more than one year | 17 | €1,306,253 | €580,164 | -€726,089 | -55.6% |
| Financial debts | 170/4 | €1,306,253 | €580,164 | -€726,089 | -55.6% |
| Amounts payable within one year | 42/48 | €407,374 | €377,937 | -€29,437 | -7.2% |
| Current portion of amounts payable after more than one year | 42 | €178,246 | €191,257 | +€13,012 | +7.3% |
| Financial debts | 43 | €33,709 | €16,825 | -€16,883 | -50.1% |
| Credit institutions | 430/8 | €33,709 | €16,825 | -€16,883 | -50.1% |
| Trade debts | 44 | €9,233 | €35,478 | +€26,245 | +284.3% |
| Suppliers | 440/4 | €9,233 | €35,478 | +€26,245 | +284.3% |
| Taxes, remuneration and social security | 45 | €9,588 | €11,054 | +€1,466 | +15.3% |
| Taxes | 450/3 | €2,579 | €3,287 | +€708 | +27.4% |
| Remuneration and social security | 454/9 | €7,009 | €7,767 | +€758 | +10.8% |
| Other amounts payable | 47/48 | €176,598 | €123,322 | -€53,276 | -30.2% |
| Non-recurring operating income | 76A | - | €59,959 | +€59,959 | |
| Remuneration, social security and pensions | 62 | €52,929 | €63,674 | +€10,745 | +20.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €116,601 | €184,821 | +€68,220 | +58.5% |
| Other operating charges | 640/8 | €10,395 | €9,235 | -€1,160 | -11.2% |
| Non-recurring operating charges | 66A | €10,400 | €5,965 | -€4,435 | -42.6% |
| Gross operating margin | 9900 | €453,895 | €703,769 | +€249,874 | +55.1% |
| Operating profit (loss) | 9901 | €263,570 | €440,074 | +€176,504 | +67.0% |
| Financial income | 75/76B | €5,400 | €4,432 | -€969 | -17.9% |
| Recurring financial income | 75 | €5,400 | €4,432 | -€969 | -17.9% |
| Financial charges | 65/66B | €63,371 | €82,667 | +€19,296 | +30.4% |
| Recurring financial charges | 65 | €63,371 | €82,667 | +€19,296 | +30.4% |
| Profit (loss) for the period before taxes | 9903 | €205,599 | €361,839 | +€156,240 | +76.0% |
| Income taxes | 67/77 | €34,885 | €78,431 | +€43,547 | +124.8% |
| Profit (loss) for the period | 9904 | €170,715 | €283,408 | +€112,693 | +66.0% |
| Profit (loss) for the period to be appropriated | 9905 | €170,715 | €283,408 | +€112,693 | +66.0% |
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 7 October 2026 via checked.be.