WOETS: 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.
WOETS
Largest movements
- Cash -€6,470
down €6,470 (-57.4%), from €11,280 to €4,810
mainly Net result for the year (-€2,912) and Receivables within one year (-€2,071)
- Receivables within one year +€2,071
up €2,071 (+231.5%), from €895 to €2,966
of which Trade receivables: +€2,625
- Tangible fixed assets -€412
down €412 (-100.0%), from €412 to €0
- Profit (loss) carried forward -€2,912
down €2,912 (-30.6%), from €9,514 to €6,602
- Other debts -€1,641
down €1,641 (-98.2%), from €1,671 to €30
- Trade debts -€258
down €258 (-64.3%), from €401 to €143
- Gross operating margin +€4,774
up €4,774 (+71.5%), from -€6,680 to -€1,907
- Taxes +€519
up €519, from -€519 to €0
- Other operating charges +€400
new in 2025: €400
- Financial charges +€85
up €85 (+74.3%), from €114 to €199
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 | €12,587 | €7,776 | -€4,811 | -38.2% |
| Fixed assets | 21/28 | €412 | €0 | -€412 | -100.0% |
| Tangible fixed assets | 22/27 | €412 | €0 | -€412 | -100.0% |
| Furniture and vehicles | 24 | €412 | €0 | -€412 | -100.0% |
| Current assets | 29/58 | €12,175 | €7,776 | -€4,399 | -36.1% |
| Amounts receivable within one year | 40/41 | €895 | €2,966 | +€2,071 | +231.5% |
| Trade receivables | 40 | €85 | €2,710 | +€2,625 | +3099.4% |
| Other amounts receivable | 41 | €810 | €256 | -€554 | -68.4% |
| Cash at bank and in hand | 54/58 | €11,280 | €4,810 | -€6,470 | -57.4% |
| Total equity and liabilities | 10/49 | €12,587 | €7,776 | -€4,811 | -38.2% |
| Equity | 10/15 | €10,514 | €7,602 | -€2,912 | -27.7% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,514 | €6,602 | -€2,912 | -30.6% |
| Amounts payable | 17/49 | €2,073 | €174 | -€1,899 | -91.6% |
| Amounts payable within one year | 42/48 | €2,073 | €174 | -€1,899 | -91.6% |
| Trade debts | 44 | €401 | €143 | -€258 | -64.3% |
| Suppliers | 440/4 | €401 | €143 | -€258 | -64.3% |
| Other amounts payable | 47/48 | €1,671 | €30 | -€1,641 | -98.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €412 | €412 | -€0 | 0.0% |
| Other operating charges | 640/8 | - | €400 | +€400 | |
| Gross operating margin | 9900 | -€6,680 | -€1,907 | +€4,774 | +71.5% |
| Operating profit (loss) | 9901 | -€7,093 | -€2,718 | +€4,374 | +61.7% |
| Financial income | 75/76B | - | €5 | +€5 | |
| Recurring financial income | 75 | - | €5 | +€5 | |
| Financial charges | 65/66B | €114 | €199 | +€85 | +74.3% |
| Recurring financial charges | 65 | €114 | €199 | +€85 | +74.3% |
| Profit (loss) for the period before taxes | 9903 | -€7,207 | -€2,912 | +€4,295 | +59.6% |
| Income taxes | 67/77 | -€519 | €0 | +€519 | |
| Profit (loss) for the period | 9904 | -€6,687 | -€2,912 | +€3,775 | +56.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,687 | -€2,912 | +€3,775 | +56.5% |
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 12 October 2026 via checked.be.