WOK LOUISE: what changed
WOK LOUISE
Largest movements
- Receivables within one year -€19,972
down €19,972 (-19.0%), from €105,227 to €85,255
of which Trade receivables: -€43,703
- Tangible fixed assets -€15,362
down €15,362 (-25.2%), from €60,893 to €45,531
of which Other tangible fixed assets: -€14,930
- Cash -€4,745
down €4,745 (-7.3%), from €65,072 to €60,327
mainly Net result for the year (-€102,427) and Other debts (-€53,192)
- Stocks and contracts -€3,527
down €3,527 (-31.0%), from €11,390 to €7,863
- Intangible fixed assets -€3,450
down €3,450 (-25.0%), from €13,800 to €10,350
- Profit (loss) carried forward -€102,427
down €102,427, from €36,803 to -€65,625
- Trade debts +€75,485
up €75,485 (+56.4%), from €133,918 to €209,403
- Other debts -€53,192
down €53,192 (-95.3%), from €55,792 to €2,600
- Accrued charges and deferred income +€21,628
new in 2024: €21,628
- Tax, wage and social debts +€11,450
up €11,450 (+37.1%), from €30,897 to €42,347
of which Remuneration and social security: +€10,785
- Financial charges +€95,258
up €95,258 (+1,344%), from €7,087 to €102,345
of which Non-recurring financial charges: +€99,271
- Gross operating margin +€25,252
up €25,252 (+12.3%), from €205,100 to €230,352
- Staff costs +€13,493
up €13,493 (+6.9%), from €194,880 to €208,372
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €277,882 | €230,827 | -€47,055 | -16.9% |
| Fixed assets | 21/28 | €96,193 | €77,381 | -€18,812 | -19.6% |
| Intangible fixed assets | 21 | €13,800 | €10,350 | -€3,450 | -25.0% |
| Tangible fixed assets | 22/27 | €60,893 | €45,531 | -€15,362 | -25.2% |
| Plant, machinery and equipment | 23 | €1,174 | €742 | -€432 | -36.8% |
| Other tangible fixed assets | 26 | €59,719 | €44,789 | -€14,930 | -25.0% |
| Financial fixed assets | 28 | €21,500 | €21,500 | = | 0.0% |
| Current assets | 29/58 | €181,689 | €153,446 | -€28,244 | -15.5% |
| Stocks and contracts in progress | 3 | €11,390 | €7,863 | -€3,527 | -31.0% |
| Stocks | 30/36 | €11,390 | €7,863 | -€3,527 | -31.0% |
| Amounts receivable within one year | 40/41 | €105,227 | €85,255 | -€19,972 | -19.0% |
| Trade receivables | 40 | €43,703 | - | -€43,703 | |
| Other amounts receivable | 41 | €61,524 | €85,255 | +€23,732 | +38.6% |
| Cash at bank and in hand | 54/58 | €65,072 | €60,327 | -€4,745 | -7.3% |
| Total equity and liabilities | 10/49 | €277,882 | €230,827 | -€47,055 | -16.9% |
| Equity | 10/15 | €57,276 | -€45,152 | -€102,427 | |
| Contributions | 10/11 | €18,613 | €18,613 | = | 0.0% |
| Capital | 10 | €18,613 | €18,613 | = | 0.0% |
| Issued capital | 100 | €18,613 | €18,613 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €36,803 | -€65,625 | -€102,427 | |
| Amounts payable | 17/49 | €220,606 | €275,978 | +€55,372 | +25.1% |
| Amounts payable within one year | 42/48 | €220,606 | €254,350 | +€33,744 | +15.3% |
| Trade debts | 44 | €133,918 | €209,403 | +€75,485 | +56.4% |
| Suppliers | 440/4 | €133,918 | €209,403 | +€75,485 | +56.4% |
| Taxes, remuneration and social security | 45 | €30,897 | €42,347 | +€11,450 | +37.1% |
| Taxes | 450/3 | €6,572 | €7,237 | +€665 | +10.1% |
| Remuneration and social security | 454/9 | €24,325 | €35,109 | +€10,785 | +44.3% |
| Other amounts payable | 47/48 | €55,792 | €2,600 | -€53,192 | -95.3% |
| Accrued charges and deferred income | 492/3 | - | €21,628 | +€21,628 | |
| Remuneration, social security and pensions | 62 | €194,880 | €208,372 | +€13,493 | +6.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,812 | €18,812 | = | 0.0% |
| Other operating charges | 640/8 | €341 | €975 | +€634 | +186% |
| Gross operating margin | 9900 | €205,100 | €230,352 | +€25,252 | +12.3% |
| Operating profit (loss) | 9901 | -€8,932 | €2,193 | +€11,125 | |
| Financial income | 75/76B | - | €21 | +€21 | |
| Recurring financial income | 75 | - | €21 | +€21 | |
| Financial charges | 65/66B | €7,087 | €102,345 | +€95,258 | +1,344% |
| Recurring financial charges | 65 | €7,087 | €3,075 | -€4,012 | -56.6% |
| Non-recurring financial charges | 66B | - | €99,271 | +€99,271 | |
| Profit (loss) for the period before taxes | 9903 | -€16,019 | -€100,131 | -€84,112 | -525% |
| Income taxes | 67/77 | €1,454 | €2,296 | +€842 | +57.9% |
| Profit (loss) for the period | 9904 | -€17,474 | -€102,427 | -€84,954 | -486% |
| Profit (loss) for the period to be appropriated | 9905 | -€17,474 | -€102,427 | -€84,954 | -486% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.