WOGIO: 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.
WOGIO
Largest movements
- Tangible fixed assets -€2,574
down €2,574 (-25.0%), from €10,301 to €7,728
of which Plant, machinery and equipment: -€2,424
- Cash +€569
up €569 (+19.4%), from €2,934 to €3,503
mainly Debts after one year (+€3,294) and Depreciation (+€2,574)
- Stocks and contracts -€555
down €555 (-11.0%), from €5,050 to €4,495
- Deferred charges and accrued income -€356
down €356 (-100.0%), from €356 to €0
- Receivables within one year -€216
down €216 (-100.0%), from €216 to €0
of which Trade receivables: -€216
- Other debts -€8,104
down €8,104 (-99.8%), from €8,118 to €14
- Debts after one year +€3,294
up €3,294, from €0 to €3,294
- Tax, wage and social debts +€2,461
up €2,461 (+172.9%), from €1,424 to €3,885
of which Remuneration and social security: +€1,500
- Trade debts -€1,107
down €1,107 (-40.1%), from €2,759 to €1,652
- Profit (loss) carried forward +€758
up €758 (+11.6%), from -€6,562 to -€5,803
- Gross operating margin -€4,032
down €4,032 (-46.7%), from €8,627 to €4,595
- Other operating charges -€1,965
down €1,965 (-83.7%), from €2,347 to €382
- Financial charges +€401
up €401 (+56.7%), from €706 to €1,107
- Financial income +€172
up €172 (+317.1%), from €54 to €227
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 | €18,857 | €15,725 | -€3,132 | -16.6% |
| Fixed assets | 21/28 | €10,301 | €7,728 | -€2,574 | -25.0% |
| Tangible fixed assets | 22/27 | €10,301 | €7,728 | -€2,574 | -25.0% |
| Plant, machinery and equipment | 23 | €10,152 | €7,728 | -€2,424 | -23.9% |
| Furniture and vehicles | 24 | €150 | €0 | -€150 | -100.0% |
| Current assets | 29/58 | €8,555 | €7,997 | -€558 | -6.5% |
| Stocks and contracts in progress | 3 | €5,050 | €4,495 | -€555 | -11.0% |
| Stocks | 30/36 | €5,050 | €4,495 | -€555 | -11.0% |
| Amounts receivable within one year | 40/41 | €216 | €0 | -€216 | -100.0% |
| Trade receivables | 40 | €216 | €0 | -€216 | -100.0% |
| Other amounts receivable | 41 | €0 | €0 | = | |
| Cash at bank and in hand | 54/58 | €2,934 | €3,503 | +€569 | +19.4% |
| Deferred charges and accrued income | 490/1 | €356 | €0 | -€356 | -100.0% |
| Total equity and liabilities | 10/49 | €18,857 | €15,725 | -€3,132 | -16.6% |
| Equity | 10/15 | €3,438 | €4,197 | +€758 | +22.1% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,562 | -€5,803 | +€758 | +11.6% |
| Amounts payable | 17/49 | €15,418 | €11,528 | -€3,890 | -25.2% |
| Amounts payable after more than one year | 17 | €0 | €3,294 | +€3,294 | |
| Financial debts | 170/4 | €0 | €3,294 | +€3,294 | |
| Amounts payable within one year | 42/48 | €15,418 | €8,234 | -€7,184 | -46.6% |
| Current portion of amounts payable after more than one year | 42 | €3,117 | €2,683 | -€434 | -13.9% |
| Trade debts | 44 | €2,759 | €1,652 | -€1,107 | -40.1% |
| Suppliers | 440/4 | €2,759 | €1,652 | -€1,107 | -40.1% |
| Taxes, remuneration and social security | 45 | €1,424 | €3,885 | +€2,461 | +172.9% |
| Taxes | 450/3 | €1,424 | €2,385 | +€961 | +67.5% |
| Remuneration and social security | 454/9 | €0 | €1,500 | +€1,500 | |
| Other amounts payable | 47/48 | €8,118 | €14 | -€8,104 | -99.8% |
| Turnover | 70 | €0 | €0 | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €0 | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,644 | €2,574 | -€70 | -2.7% |
| Other operating charges | 640/8 | €2,347 | €382 | -€1,965 | -83.7% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €8,627 | €4,595 | -€4,032 | -46.7% |
| Operating profit (loss) | 9901 | €3,636 | €1,639 | -€1,997 | -54.9% |
| Financial income | 75/76B | €54 | €227 | +€172 | +317.1% |
| Recurring financial income | 75 | €54 | €227 | +€172 | +317.1% |
| Financial charges | 65/66B | €706 | €1,107 | +€401 | +56.7% |
| Recurring financial charges | 65 | €706 | €1,107 | +€401 | +56.7% |
| Profit (loss) for the period before taxes | 9903 | €2,984 | €758 | -€2,226 | -74.6% |
| Profit (loss) for the period | 9904 | €2,984 | €758 | -€2,226 | -74.6% |
| Profit (loss) for the period to be appropriated | 9905 | €2,984 | €758 | -€2,226 | -74.6% |
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 10 October 2026 via checked.be.