WOJA MANAGEMENT: 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.
WOJA MANAGEMENT
Largest movements
- Tangible fixed assets +€21,335
up €21,335 (+319%), from €6,698 to €28,033
of which Land and buildings: +€13,010
- Receivables within one year -€10,040
down €10,040 (-27.2%), from €36,868 to €26,828
of which Other amounts receivable: -€6,806
- Stocks and contracts +€9,560
new in 2025: €9,560
- Intangible fixed assets +€3,375
new in 2025: €3,375
- Cash +€2,422
up €2,422 (+41.5%), from €5,841 to €8,263
mainly Trade debts (+€19,415) and Receivables within one year (+€10,040)
- Trade debts +€19,415
up €19,415 (+94.0%), from €20,646 to €40,061
- Other debts +€7,939
new in 2025: €7,939
- Profit (loss) carried forward -€4,204
down €4,204 (-7.1%), from -€59,097 to -€63,301
- Tax, wage and social debts +€977
up €977 (+34.3%), from €2,847 to €3,824
- Gross operating margin +€5,431
up €5,431, from -€2,095 to €3,336
- Depreciation +€3,047
up €3,047 (+172%), from €1,768 to €4,815
- Financial income -€1,313
down €1,313 (-99.7%), from €1,317 to €5
- Other operating charges +€533
up €533 (+37.0%), from €1,442 to €1,975
- Financial charges -€232
down €232 (-29.7%), from €782 to €550
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 | €51,514 | €76,058 | +€24,544 | +47.6% |
| Fixed assets | 21/28 | €6,698 | €31,408 | +€24,710 | +369% |
| Intangible fixed assets | 21 | - | €3,375 | +€3,375 | |
| Tangible fixed assets | 22/27 | €6,698 | €28,033 | +€21,335 | +319% |
| Land and buildings | 22 | - | €13,010 | +€13,010 | |
| Plant, machinery and equipment | 23 | - | €10,385 | +€10,385 | |
| Furniture and vehicles | 24 | €6,698 | €4,638 | -€2,060 | -30.8% |
| Current assets | 29/58 | €44,816 | €44,650 | -€166 | -0.4% |
| Stocks and contracts in progress | 3 | - | €9,560 | +€9,560 | |
| Stocks | 30/36 | - | €9,560 | +€9,560 | |
| Amounts receivable within one year | 40/41 | €36,868 | €26,828 | -€10,040 | -27.2% |
| Trade receivables | 40 | €5,000 | €1,766 | -€3,234 | -64.7% |
| Other amounts receivable | 41 | €31,868 | €25,062 | -€6,806 | -21.4% |
| Cash at bank and in hand | 54/58 | €5,841 | €8,263 | +€2,422 | +41.5% |
| Deferred charges and accrued income | 490/1 | €2,108 | - | -€2,108 | |
| Total equity and liabilities | 10/49 | €51,514 | €76,058 | +€24,544 | +47.6% |
| Equity | 10/15 | €26,354 | €22,150 | -€4,204 | -16.0% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €66,859 | €66,859 | = | 0.0% |
| Distributable reserves | 133 | €66,859 | €66,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€59,097 | -€63,301 | -€4,204 | -7.1% |
| Amounts payable | 17/49 | €25,160 | €53,908 | +€28,748 | +114% |
| Amounts payable within one year | 42/48 | €25,160 | €53,908 | +€28,748 | +114% |
| Financial debts | 43 | €1,667 | €2,083 | +€417 | +25.0% |
| Credit institutions | 430/8 | €1,667 | €2,083 | +€417 | +25.0% |
| Trade debts | 44 | €20,646 | €40,061 | +€19,415 | +94.0% |
| Suppliers | 440/4 | €20,646 | €40,061 | +€19,415 | +94.0% |
| Taxes, remuneration and social security | 45 | €2,847 | €3,824 | +€977 | +34.3% |
| Taxes | 450/3 | €2,847 | €3,824 | +€977 | +34.3% |
| Other amounts payable | 47/48 | - | €7,939 | +€7,939 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,768 | €4,815 | +€3,047 | +172% |
| Other operating charges | 640/8 | €1,442 | €1,975 | +€533 | +37.0% |
| Gross operating margin | 9900 | -€2,095 | €3,336 | +€5,431 | |
| Operating profit (loss) | 9901 | -€5,305 | -€3,454 | +€1,851 | +34.9% |
| Financial income | 75/76B | €1,317 | €5 | -€1,313 | -99.7% |
| Recurring financial income | 75 | €1,317 | €5 | -€1,313 | -99.7% |
| Financial charges | 65/66B | €782 | €550 | -€232 | -29.7% |
| Recurring financial charges | 65 | €782 | €550 | -€232 | -29.7% |
| Profit (loss) for the period before taxes | 9903 | -€4,770 | -€3,999 | +€771 | +16.2% |
| Income taxes | 67/77 | €191 | €205 | +€14 | +7.2% |
| Profit (loss) for the period | 9904 | -€4,961 | -€4,204 | +€757 | +15.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,961 | -€4,204 | +€757 | +15.3% |
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.