WOEZON: 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.
WOEZON
Largest movements
- Stocks and contracts +€527,603
up €527,603 (+244%), from €215,953 to €743,556
- Tangible fixed assets +€342,458
up €342,458 (+39.8%), from €860,404 to €1.2m
- Debts after one year +€723,826
up €723,826 (+136%), from €531,939 to €1.3m
- Other debts +€116,169
up €116,169 (+74.7%), from €155,556 to €271,726
- Current portion of long-term debt +€26,902
new in 2025: €26,902
- Financial charges -€27,547
down €27,547 (-81.2%), from €33,917 to €6,371
- Gross operating margin +€12,855
up €12,855 (+142%), from €9,048 to €21,903
- Other operating charges -€11,168
down €11,168 (-72.8%), from €15,330 to €4,162
- Depreciation -€9,922
down €9,922 (-54.6%), from €18,174 to €8,252
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 | €1,111,175 | €1,998,147 | +€886,972 | +79.8% |
| Fixed assets | 21/28 | €860,704 | €1,202,862 | +€342,158 | +39.8% |
| Tangible fixed assets | 22/27 | €860,404 | €1,202,862 | +€342,458 | +39.8% |
| Land and buildings | 22 | €860,404 | €1,202,862 | +€342,458 | +39.8% |
| Financial fixed assets | 28 | €300 | - | -€300 | |
| Current assets | 29/58 | €250,471 | €795,285 | +€544,814 | +218% |
| Stocks and contracts in progress | 3 | €215,953 | €743,556 | +€527,603 | +244% |
| Stocks | 30/36 | €215,953 | €743,556 | +€527,603 | +244% |
| Amounts receivable within one year | 40/41 | - | €2,550 | +€2,550 | |
| Trade receivables | 40 | - | €2,550 | +€2,550 | |
| Cash at bank and in hand | 54/58 | €33,093 | €48,702 | +€15,609 | +47.2% |
| Deferred charges and accrued income | 490/1 | €1,425 | €476 | -€948 | -66.6% |
| Total equity and liabilities | 10/49 | €1,111,175 | €1,998,147 | +€886,972 | +79.8% |
| Equity | 10/15 | €416,272 | €419,391 | +€3,118 | +0.7% |
| Contributions | 10/11 | €600,000 | €600,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€183,728 | -€180,609 | +€3,118 | +1.7% |
| Amounts payable | 17/49 | €694,903 | €1,578,756 | +€883,854 | +127% |
| Amounts payable after more than one year | 17 | €531,939 | €1,255,765 | +€723,826 | +136% |
| Financial debts | 170/4 | €531,939 | €1,255,765 | +€723,826 | +136% |
| Amounts payable within one year | 42/48 | €160,640 | €321,180 | +€160,541 | +99.9% |
| Current portion of amounts payable after more than one year | 42 | - | €26,902 | +€26,902 | |
| Trade debts | 44 | €1,314 | €19,202 | +€17,889 | +1,362% |
| Suppliers | 440/4 | €1,314 | €19,202 | +€17,889 | +1,362% |
| Taxes, remuneration and social security | 45 | €3,770 | €3,350 | -€419 | -11.1% |
| Taxes | 450/3 | €3,770 | €3,350 | -€419 | -11.1% |
| Other amounts payable | 47/48 | €155,556 | €271,726 | +€116,169 | +74.7% |
| Accrued charges and deferred income | 492/3 | €2,324 | €1,810 | -€513 | -22.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,174 | €8,252 | -€9,922 | -54.6% |
| Other operating charges | 640/8 | €15,330 | €4,162 | -€11,168 | -72.8% |
| Gross operating margin | 9900 | €9,048 | €21,903 | +€12,855 | +142% |
| Operating profit (loss) | 9901 | -€24,456 | €9,489 | +€33,945 | |
| Financial income | 75/76B | €12 | - | -€12 | |
| Recurring financial income | 75 | €12 | - | -€12 | |
| Financial charges | 65/66B | €33,917 | €6,371 | -€27,547 | -81.2% |
| Recurring financial charges | 65 | €33,917 | €6,371 | -€27,547 | -81.2% |
| Profit (loss) for the period before taxes | 9903 | -€58,361 | €3,118 | +€61,480 | |
| Profit (loss) for the period | 9904 | -€58,361 | €3,118 | +€61,480 | |
| Profit (loss) for the period to be appropriated | 9905 | -€58,361 | €3,118 | +€61,480 |
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 14 October 2026 via checked.be.