WOKOFEST: 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.
WOKOFEST
Largest movements
- Current investments +€811,855
up €811,855 (+35.0%), from €2.3m to €3.1m
- Cash -€78,213
down €78,213 (-63.2%), from €123,730 to €45,517
mainly Current investments (-€811,855) and Contributions, distributions and other (-€29,046)
- Reserves +€751,238
up €751,238 (+25.4%), from €3.0m to €3.7m
of which Distributable reserves: +€751,238
- Financial income -€250,325
down €250,325 (-23.6%), from €1.1m to €808,592
of which Non-recurring financial income: -€299,700
- Gross operating margin -€66,865
down €66,865 (-37.8%), from €177,070 to €110,205
- Taxes -€40,972
down €40,972 (-28.0%), from €146,220 to €105,248
- Financial charges +€14,715
up €14,715 (+483%), from €3,048 to €17,763
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 | €4,420,469 | €5,148,723 | +€728,254 | +16.5% |
| Fixed assets | 21/28 | €1,900,002 | €1,886,563 | -€13,439 | -0.7% |
| Tangible fixed assets | 22/27 | €26,877 | €13,438 | -€13,439 | -50.0% |
| Furniture and vehicles | 24 | €26,877 | €13,438 | -€13,439 | -50.0% |
| Financial fixed assets | 28 | €1,873,125 | €1,873,125 | = | 0.0% |
| Current assets | 29/58 | €2,520,467 | €3,262,160 | +€741,693 | +29.4% |
| Amounts receivable within one year | 40/41 | €78,207 | €86,258 | +€8,051 | +10.3% |
| Trade receivables | 40 | €78,182 | €83,313 | +€5,131 | +6.6% |
| Other amounts receivable | 41 | €25 | €2,945 | +€2,920 | +11,680% |
| Current investments | 50/53 | €2,318,530 | €3,130,385 | +€811,855 | +35.0% |
| Cash at bank and in hand | 54/58 | €123,730 | €45,517 | -€78,213 | -63.2% |
| Total equity and liabilities | 10/49 | €4,420,469 | €5,148,723 | +€728,254 | +16.5% |
| Equity | 10/15 | €4,318,888 | €5,070,126 | +€751,238 | +17.4% |
| Contributions | 10/11 | €1,001,250 | €1,001,250 | = | 0.0% |
| Reserves | 13 | €2,960,221 | €3,711,459 | +€751,238 | +25.4% |
| Non-distributable reserves | 130/1 | €100,125 | €100,125 | = | 0.0% |
| Reserves not available under the articles | 1311 | €100,125 | €100,125 | = | 0.0% |
| Distributable reserves | 133 | €2,860,096 | €3,611,334 | +€751,238 | +26.3% |
| Profit (loss) carried forward | 14 | €357,417 | €357,417 | = | 0.0% |
| Amounts payable | 17/49 | €101,581 | €78,597 | -€22,984 | -22.6% |
| Amounts payable within one year | 42/48 | €101,581 | €78,597 | -€22,984 | -22.6% |
| Trade debts | 44 | €4,971 | €6,392 | +€1,421 | +28.6% |
| Suppliers | 440/4 | €4,971 | €6,392 | +€1,421 | +28.6% |
| Taxes, remuneration and social security | 45 | €95,887 | €72,205 | -€23,682 | -24.7% |
| Taxes | 450/3 | €95,887 | €72,205 | -€23,682 | -24.7% |
| Other amounts payable | 47/48 | €723 | - | -€723 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,438 | €13,438 | = | 0.0% |
| Other operating charges | 640/8 | €2,078 | €2,064 | -€14 | -0.7% |
| Gross operating margin | 9900 | €177,070 | €110,205 | -€66,865 | -37.8% |
| Operating profit (loss) | 9901 | €161,554 | €94,703 | -€66,851 | -41.4% |
| Financial income | 75/76B | €1,058,917 | €808,592 | -€250,325 | -23.6% |
| Recurring financial income | 75 | €59,917 | €109,292 | +€49,375 | +82.4% |
| Non-recurring financial income | 76B | €999,000 | €699,300 | -€299,700 | -30.0% |
| Financial charges | 65/66B | €3,048 | €17,763 | +€14,715 | +483% |
| Recurring financial charges | 65 | €3,048 | €17,763 | +€14,715 | +483% |
| Profit (loss) for the period before taxes | 9903 | €1,217,423 | €885,532 | -€331,891 | -27.3% |
| Income taxes | 67/77 | €146,220 | €105,248 | -€40,972 | -28.0% |
| Profit (loss) for the period | 9904 | €1,071,203 | €780,284 | -€290,919 | -27.2% |
| Profit (loss) for the period to be appropriated | 9905 | €1,071,203 | €780,284 | -€290,919 | -27.2% |
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 16 October 2026 via checked.be.