WOK WU: 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.
WOK WU
Largest movements
- Cash -€13,231
down €13,231 (-16.3%), from €81,182 to €67,951
mainly Trade debts (-€17,882) and Debts after one year (-€6,035)
- Deferred charges and accrued income -€7,438
no longer reported in 2025 (was €7,438)
- Tangible fixed assets -€7,112
down €7,112 (-20.4%), from €34,939 to €27,827
of which Furniture and vehicles: -€6,316
- Receivables within one year +€3,487
up €3,487 (+21.2%), from €16,433 to €19,920
of which Other amounts receivable: +€12,550
- Trade debts -€17,882
down €17,882 (-87.9%), from €20,333 to €2,451
- Debts after one year -€6,035
down €6,035 (-36.6%), from €16,480 to €10,445
- Gross operating margin -€6,164
down €6,164 (-18.3%), from €33,734 to €27,570
- Taxes +€3,290
up €3,290 (+310%), from €1,062 to €4,351
- Other operating charges -€1,885
down €1,885 (-20.6%), from €9,160 to €7,274
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 | €144,170 | €119,972 | -€24,198 | -16.8% |
| Fixed assets | 21/28 | €34,999 | €27,887 | -€7,112 | -20.3% |
| Tangible fixed assets | 22/27 | €34,939 | €27,827 | -€7,112 | -20.4% |
| Plant, machinery and equipment | 23 | €1,395 | €848 | -€547 | -39.2% |
| Furniture and vehicles | 24 | €32,049 | €25,734 | -€6,316 | -19.7% |
| Other tangible fixed assets | 26 | €1,494 | €1,245 | -€249 | -16.7% |
| Financial fixed assets | 28 | €60 | €60 | = | 0.0% |
| Current assets | 29/58 | €109,171 | €92,085 | -€17,086 | -15.7% |
| Stocks and contracts in progress | 3 | €4,118 | €4,214 | +€96 | +2.3% |
| Stocks | 30/36 | €4,118 | €4,214 | +€96 | +2.3% |
| Amounts receivable within one year | 40/41 | €16,433 | €19,920 | +€3,487 | +21.2% |
| Trade receivables | 40 | €9,270 | €207 | -€9,062 | -97.8% |
| Other amounts receivable | 41 | €7,163 | €19,713 | +€12,550 | +175% |
| Cash at bank and in hand | 54/58 | €81,182 | €67,951 | -€13,231 | -16.3% |
| Deferred charges and accrued income | 490/1 | €7,438 | - | -€7,438 | |
| Total equity and liabilities | 10/49 | €144,170 | €119,972 | -€24,198 | -16.8% |
| Equity | 10/15 | €93,431 | €94,685 | +€1,254 | +1.3% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €24,473 | €24,473 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,473 | €1,473 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,473 | €1,473 | = | 0.0% |
| Distributable reserves | 133 | €23,000 | €23,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €38,959 | €40,213 | +€1,254 | +3.2% |
| Amounts payable | 17/49 | €50,739 | €25,287 | -€25,452 | -50.2% |
| Amounts payable after more than one year | 17 | €16,480 | €10,445 | -€6,035 | -36.6% |
| Financial debts | 170/4 | €16,480 | €10,445 | -€6,035 | -36.6% |
| Amounts payable within one year | 42/48 | €34,259 | €14,842 | -€19,417 | -56.7% |
| Current portion of amounts payable after more than one year | 42 | €6,240 | €6,035 | -€205 | -3.3% |
| Trade debts | 44 | €20,333 | €2,451 | -€17,882 | -87.9% |
| Suppliers | 440/4 | €20,333 | €2,451 | -€17,882 | -87.9% |
| Taxes, remuneration and social security | 45 | €7,686 | €6,356 | -€1,330 | -17.3% |
| Taxes | 450/3 | €6,055 | €5,368 | -€687 | -11.3% |
| Remuneration and social security | 454/9 | €1,631 | €987 | -€643 | -39.4% |
| Non-recurring operating income | 76A | €1,521 | - | -€1,521 | |
| Remuneration, social security and pensions | 62 | €3,410 | €3,407 | -€4 | -0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,810 | €9,812 | +€1 | 0.0% |
| Other operating charges | 640/8 | €9,160 | €7,274 | -€1,885 | -20.6% |
| Gross operating margin | 9900 | €33,734 | €27,570 | -€6,164 | -18.3% |
| Operating profit (loss) | 9901 | €11,353 | €7,077 | -€4,277 | -37.7% |
| Financial income | 75/76B | €0 | €53 | +€53 | +133,200% |
| Recurring financial income | 75 | €0 | €53 | +€53 | +133,200% |
| Financial charges | 65/66B | €1,485 | €1,524 | +€39 | +2.6% |
| Recurring financial charges | 65 | €1,485 | €1,524 | +€39 | +2.6% |
| Profit (loss) for the period before taxes | 9903 | €9,868 | €5,606 | -€4,262 | -43.2% |
| Income taxes | 67/77 | €1,062 | €4,351 | +€3,290 | +310% |
| Profit (loss) for the period | 9904 | €8,806 | €1,254 | -€7,552 | -85.8% |
| Profit (loss) for the period to be appropriated | 9905 | €8,806 | €1,254 | -€7,552 | -85.8% |
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 25 October 2026 via checked.be.