WOE PRODUCTION: 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.
WOE PRODUCTION
Largest movements
- Cash +€13,936
up €13,936 (+1,748%), from €797 to €14,733
mainly Other debts (+€6,425) and Tax, wage and social debts (+€2,260)
- Receivables within one year -€1,661
down €1,661 (-20.1%), from €8,253 to €6,592
of which Other amounts receivable: -€3,837
- Formation expenses -€400
down €400 (-30.8%), from €1,300 to €900
- Tangible fixed assets -€358
down €358 (-75.9%), from €472 to €114
- Other debts +€6,425
new in 2025: €6,425
- Tax, wage and social debts +€2,260
up €2,260 (+32.1%), from €7,044 to €9,304
of which Taxes: +€2,260
- Trade debts +€1,795
new in 2025: €1,795
- Profit (loss) carried forward +€1,709
up €1,709 (+90.2%), from -€1,894 to -€185
- Accrued charges and deferred income -€750
down €750 (-100%), from €750 to €0
- Gross operating margin +€21,210
up €21,210, from -€19,342 to €1,869
- Taxes -€1,113
down €1,113, from €0 to -€1,113
- Financial charges +€247
up €247 (+96.8%), from €255 to €502
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 | €10,900 | €22,339 | +€11,438 | +105% |
| Formation expenses | 20 | €1,300 | €900 | -€400 | -30.8% |
| Fixed assets | 21/28 | €472 | €114 | -€358 | -75.9% |
| Tangible fixed assets | 22/27 | €472 | €114 | -€358 | -75.9% |
| Furniture and vehicles | 24 | €472 | €114 | -€358 | -75.9% |
| Current assets | 29/58 | €9,129 | €21,325 | +€12,196 | +134% |
| Amounts receivable within one year | 40/41 | €8,253 | €6,592 | -€1,661 | -20.1% |
| Trade receivables | 40 | €4,117 | €6,292 | +€2,175 | +52.8% |
| Other amounts receivable | 41 | €4,137 | €300 | -€3,837 | -92.7% |
| Cash at bank and in hand | 54/58 | €797 | €14,733 | +€13,936 | +1,748% |
| Deferred charges and accrued income | 490/1 | €78 | €0 | -€78 | -100% |
| Total equity and liabilities | 10/49 | €10,900 | €22,339 | +€11,438 | +105% |
| Equity | 10/15 | €3,106 | €4,815 | +€1,709 | +55.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,894 | -€185 | +€1,709 | +90.2% |
| Amounts payable | 17/49 | €7,794 | €17,524 | +€9,730 | +125% |
| Amounts payable within one year | 42/48 | €7,044 | €17,524 | +€10,480 | +149% |
| Trade debts | 44 | - | €1,795 | +€1,795 | |
| Suppliers | 440/4 | - | €1,795 | +€1,795 | |
| Taxes, remuneration and social security | 45 | €7,044 | €9,304 | +€2,260 | +32.1% |
| Taxes | 450/3 | €7,044 | €9,304 | +€2,260 | +32.1% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | - | €6,425 | +€6,425 | |
| Accrued charges and deferred income | 492/3 | €750 | €0 | -€750 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €758 | €758 | = | 0.0% |
| Other operating charges | 640/8 | €110 | €94 | -€16 | -14.3% |
| Gross operating margin | 9900 | -€19,342 | €1,869 | +€21,210 | |
| Operating profit (loss) | 9901 | -€20,210 | €1,016 | +€21,226 | |
| Financial income | 75/76B | €59 | €82 | +€23 | +38.5% |
| Recurring financial income | 75 | €59 | €82 | +€23 | +38.5% |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €255 | €502 | +€247 | +96.8% |
| Recurring financial charges | 65 | €255 | €502 | +€247 | +96.8% |
| Profit (loss) for the period before taxes | 9903 | -€20,406 | €596 | +€21,001 | |
| Income taxes | 67/77 | €0 | -€1,113 | -€1,113 | |
| Profit (loss) for the period | 9904 | -€20,406 | €1,709 | +€22,115 | |
| Profit (loss) for the period to be appropriated | 9905 | -€20,406 | €1,709 | +€22,115 |
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 30 October 2026 via checked.be.