WOKE LLN: 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.
WOKE LLN
Largest movements
- Receivables within one year +€146,277
up €146,277 (+166%), from €88,263 to €234,540
of which Trade receivables: +€96,801
- Tangible fixed assets +€60,009
up €60,009 (+362%), from €16,569 to €76,579
of which Leasing and similar rights: +€37,401
- Cash -€45,317
down €45,317 (-41.8%), from €108,377 to €63,060
mainly Receivables within one year (-€146,277) and Investment in fixed assets (net) (-€71,677)
- Trade debts +€205,895
up €205,895 (+78.3%), from €263,007 to €468,902
- Profit (loss) carried forward -€34,281
down €34,281 (-5.2%), from -€664,402 to -€698,682
- Current portion of long-term debt -€21,670
no longer reported in 2025 (was €21,670)
- Tax, wage and social debts +€12,563
up €12,563 (+17.9%), from €70,187 to €82,749
of which Remuneration and social security: +€22,844
- Gross operating margin -€105,774
down €105,774 (-21.1%), from €501,094 to €395,320
- Depreciation -€43,218
down €43,218 (-78.7%), from €54,885 to €11,667
- Financial charges +€29,572
up €29,572 (+191%), from €15,451 to €45,023
of which Non-recurring financial charges: +€36,941
- Staff costs +€13,091
up €13,091 (+3.7%), from €356,899 to €369,991
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 | €228,461 | €390,969 | +€162,507 | +71.1% |
| Fixed assets | 21/28 | €18,155 | €78,164 | +€60,009 | +331% |
| Tangible fixed assets | 22/27 | €16,569 | €76,579 | +€60,009 | +362% |
| Plant, machinery and equipment | 23 | €3,407 | €3,898 | +€491 | +14.4% |
| Furniture and vehicles | 24 | - | €35,279 | +€35,279 | |
| Leasing and similar rights | 25 | - | €37,401 | +€37,401 | |
| Other tangible fixed assets | 26 | €13,162 | - | -€13,162 | |
| Financial fixed assets | 28 | €1,585 | €1,585 | = | 0.0% |
| Current assets | 29/58 | €210,307 | €312,805 | +€102,498 | +48.7% |
| Stocks and contracts in progress | 3 | €13,667 | €14,598 | +€931 | +6.8% |
| Stocks | 30/36 | €13,667 | €14,598 | +€931 | +6.8% |
| Amounts receivable within one year | 40/41 | €88,263 | €234,540 | +€146,277 | +166% |
| Trade receivables | 40 | €41,368 | €138,170 | +€96,801 | +234% |
| Other amounts receivable | 41 | €46,895 | €96,370 | +€49,475 | +106% |
| Cash at bank and in hand | 54/58 | €108,377 | €63,060 | -€45,317 | -41.8% |
| Deferred charges and accrued income | 490/1 | - | €607 | +€607 | |
| Total equity and liabilities | 10/49 | €228,461 | €390,969 | +€162,507 | +71.1% |
| Equity | 10/15 | -€126,402 | -€160,682 | -€34,281 | -27.1% |
| Contributions | 10/11 | €538,000 | €538,000 | = | 0.0% |
| Capital | 10 | €538,000 | €538,000 | = | 0.0% |
| Issued capital | 100 | €538,000 | €538,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€664,402 | -€698,682 | -€34,281 | -5.2% |
| Amounts payable | 17/49 | €354,863 | €551,651 | +€196,788 | +55.5% |
| Amounts payable within one year | 42/48 | €354,863 | €551,651 | +€196,788 | +55.5% |
| Current portion of amounts payable after more than one year | 42 | €21,670 | - | -€21,670 | |
| Trade debts | 44 | €263,007 | €468,902 | +€205,895 | +78.3% |
| Suppliers | 440/4 | €263,007 | €468,902 | +€205,895 | +78.3% |
| Taxes, remuneration and social security | 45 | €70,187 | €82,749 | +€12,563 | +17.9% |
| Taxes | 450/3 | €30,343 | €20,061 | -€10,282 | -33.9% |
| Remuneration and social security | 454/9 | €39,844 | €62,688 | +€22,844 | +57.3% |
| Remuneration, social security and pensions | 62 | €356,899 | €369,991 | +€13,091 | +3.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €54,885 | €11,667 | -€43,218 | -78.7% |
| Other operating charges | 640/8 | €2,500 | €2,919 | +€419 | +16.8% |
| Gross operating margin | 9900 | €501,094 | €395,320 | -€105,774 | -21.1% |
| Operating profit (loss) | 9901 | €86,809 | €10,742 | -€76,067 | -87.6% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €15,451 | €45,023 | +€29,572 | +191% |
| Recurring financial charges | 65 | €15,451 | €8,082 | -€7,369 | -47.7% |
| Non-recurring financial charges | 66B | - | €36,941 | +€36,941 | |
| Profit (loss) for the period before taxes | 9903 | €71,358 | -€34,281 | -€105,639 | |
| Profit (loss) for the period | 9904 | €71,358 | -€34,281 | -€105,639 | |
| Profit (loss) for the period to be appropriated | 9905 | €71,358 | -€34,281 | -€105,639 |
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 21 October 2026 via checked.be.