WOKAT: 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.
WOKAT
Largest movements
- Tangible fixed assets +€196,681
up €196,681 (+18.7%), from €1.1m to €1.2m
of which Land and buildings: +€197,019
- Receivables within one year -€32,621
down €32,621 (-51.4%), from €63,513 to €30,892
of which Trade receivables: -€33,539
- Debts after one year +€133,153
up €133,153 (+14.4%), from €924,994 to €1.1m
- Profit (loss) carried forward +€22,164
up €22,164 (+20.6%), from €107,349 to €129,513
- Current portion of long-term debt +€20,000
up €20,000 (+46.2%), from €43,333 to €63,333
- Taxes -€34,809
down €34,809 (-79.9%), from €43,563 to €8,753
- Depreciation +€33,000
up €33,000 (+99.4%), from €33,210 to €66,210
- Gross operating margin +€13,756
up €13,756 (+6.9%), from €199,549 to €213,305
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 | €1,215,958 | €1,371,889 | +€155,931 | +12.8% |
| Fixed assets | 21/28 | €1,062,004 | €1,248,434 | +€186,431 | +17.6% |
| Tangible fixed assets | 22/27 | €1,051,754 | €1,248,434 | +€196,681 | +18.7% |
| Land and buildings | 22 | €1,048,586 | €1,245,605 | +€197,019 | +18.8% |
| Furniture and vehicles | 24 | €3,168 | €2,830 | -€338 | -10.7% |
| Financial fixed assets | 28 | €10,250 | €0 | -€10,250 | -100% |
| Current assets | 29/58 | €153,954 | €123,454 | -€30,500 | -19.8% |
| Amounts receivable within one year | 40/41 | €63,513 | €30,892 | -€32,621 | -51.4% |
| Trade receivables | 40 | €63,184 | €29,645 | -€33,539 | -53.1% |
| Other amounts receivable | 41 | €329 | €1,247 | +€917 | +279% |
| Cash at bank and in hand | 54/58 | €88,453 | €89,539 | +€1,086 | +1.2% |
| Deferred charges and accrued income | 490/1 | €1,988 | €3,023 | +€1,035 | +52.1% |
| Total equity and liabilities | 10/49 | €1,215,958 | €1,371,889 | +€155,931 | +12.8% |
| Equity | 10/15 | €208,249 | €230,413 | +€22,164 | +10.6% |
| Contributions | 10/11 | €100,900 | €100,900 | = | 0.0% |
| Profit (loss) carried forward | 14 | €107,349 | €129,513 | +€22,164 | +20.6% |
| Amounts payable | 17/49 | €1,007,709 | €1,141,476 | +€133,767 | +13.3% |
| Amounts payable after more than one year | 17 | €924,994 | €1,058,147 | +€133,153 | +14.4% |
| Financial debts | 170/4 | €924,994 | €1,058,147 | +€133,153 | +14.4% |
| Amounts payable within one year | 42/48 | €82,715 | €83,328 | +€613 | +0.7% |
| Current portion of amounts payable after more than one year | 42 | €43,333 | €63,333 | +€20,000 | +46.2% |
| Financial debts | 43 | €461 | €461 | = | 0.0% |
| Credit institutions | 430/8 | €461 | €461 | = | 0.0% |
| Trade debts | 44 | €9,494 | €3,805 | -€5,690 | -59.9% |
| Suppliers | 440/4 | €9,494 | €3,805 | -€5,690 | -59.9% |
| Taxes, remuneration and social security | 45 | €29,327 | €15,629 | -€13,697 | -46.7% |
| Taxes | 450/3 | €29,270 | €15,573 | -€13,697 | -46.8% |
| Remuneration and social security | 454/9 | €56 | €56 | = | 0.0% |
| Other amounts payable | 47/48 | €100 | €100 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,210 | €66,210 | +€33,000 | +99.4% |
| Other operating charges | 640/8 | €1,425 | €639 | -€786 | -55.2% |
| Non-recurring operating charges | 66A | - | €100,000 | +€100,000 | |
| Gross operating margin | 9900 | €199,549 | €213,305 | +€13,756 | +6.9% |
| Operating profit (loss) | 9901 | €164,914 | €46,457 | -€118,458 | -71.8% |
| Financial income | 75/76B | €782 | €0 | -€782 | -100% |
| Recurring financial income | 75 | €782 | €0 | -€782 | -100% |
| Financial charges | 65/66B | €14,785 | €15,539 | +€755 | +5.1% |
| Recurring financial charges | 65 | €14,785 | €15,539 | +€755 | +5.1% |
| Profit (loss) for the period before taxes | 9903 | €150,911 | €30,917 | -€119,994 | -79.5% |
| Income taxes | 67/77 | €43,563 | €8,753 | -€34,809 | -79.9% |
| Profit (loss) for the period | 9904 | €107,349 | €22,164 | -€85,185 | -79.4% |
| Profit (loss) for the period to be appropriated | 9905 | €107,349 | €22,164 | -€85,185 | -79.4% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.