WOMA: 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.
WOMA
Largest movements
- Receivables within one year -€16,298
down €16,298 (-6.3%), from €257,159 to €240,861
of which Other amounts receivable: -€44,005
- Cash +€15,418
up €15,418 (+876%), from €1,759 to €17,177
mainly Other debts (+€180,000) and Net result for the year (+€56,928)
- Other debts +€180,000
up €180,000 (+400%), from €45,000 to €225,000
- Reserves -€168,072
down €168,072 (-93.5%), from €179,667 to €11,595
- Trade debts -€23,651
down €23,651 (-55.2%), from €42,879 to €19,228
- Short-term financial debts +€10,262
new in 2025: €10,262
- Accrued charges and deferred income -€3,895
down €3,895 (-68.1%), from €5,716 to €1,821
- Gross operating margin +€28,156
up €28,156 (+61.3%), from €45,959 to €74,115
- Taxes +€3,956
up €3,956 (+30.7%), from €12,872 to €16,828
- Financial income -€3,485
down €3,485 (-41.7%), from €8,361 to €4,876
- Depreciation +€846
up €846 (+24.7%), from €3,429 to €4,275
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 | €296,578 | €292,429 | -€4,149 | -1.4% |
| Fixed assets | 21/28 | €29,322 | €28,861 | -€461 | -1.6% |
| Tangible fixed assets | 22/27 | €29,322 | €28,861 | -€461 | -1.6% |
| Furniture and vehicles | 24 | €29,322 | €28,861 | -€461 | -1.6% |
| Current assets | 29/58 | €267,256 | €263,567 | -€3,688 | -1.4% |
| Amounts receivable within one year | 40/41 | €257,159 | €240,861 | -€16,298 | -6.3% |
| Trade receivables | 40 | €37,219 | €64,926 | +€27,707 | +74.4% |
| Other amounts receivable | 41 | €219,939 | €175,935 | -€44,005 | -20.0% |
| Cash at bank and in hand | 54/58 | €1,759 | €17,177 | +€15,418 | +876% |
| Deferred charges and accrued income | 490/1 | €8,338 | €5,529 | -€2,809 | -33.7% |
| Total equity and liabilities | 10/49 | €296,578 | €292,429 | -€4,149 | -1.4% |
| Equity | 10/15 | €184,667 | €16,595 | -€168,072 | -91.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €179,667 | €11,595 | -€168,072 | -93.5% |
| Distributable reserves | 133 | €179,667 | €11,595 | -€168,072 | -93.5% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €111,911 | €275,833 | +€163,923 | +146% |
| Amounts payable within one year | 42/48 | €106,195 | €274,012 | +€167,817 | +158% |
| Financial debts | 43 | - | €10,262 | +€10,262 | |
| Credit institutions | 430/8 | - | €10,262 | +€10,262 | |
| Trade debts | 44 | €42,879 | €19,228 | -€23,651 | -55.2% |
| Suppliers | 440/4 | €42,879 | €19,228 | -€23,651 | -55.2% |
| Taxes, remuneration and social security | 45 | €18,316 | €19,522 | +€1,206 | +6.6% |
| Taxes | 450/3 | €18,316 | €19,522 | +€1,206 | +6.6% |
| Other amounts payable | 47/48 | €45,000 | €225,000 | +€180,000 | +400% |
| Accrued charges and deferred income | 492/3 | €5,716 | €1,821 | -€3,895 | -68.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,429 | €4,275 | +€846 | +24.7% |
| Other operating charges | 640/8 | €849 | €803 | -€46 | -5.5% |
| Gross operating margin | 9900 | €45,959 | €74,115 | +€28,156 | +61.3% |
| Operating profit (loss) | 9901 | €41,682 | €69,038 | +€27,356 | +65.6% |
| Financial income | 75/76B | €8,361 | €4,876 | -€3,485 | -41.7% |
| Recurring financial income | 75 | €8,361 | €4,876 | -€3,485 | -41.7% |
| Financial charges | 65/66B | €124 | €158 | +€33 | +26.6% |
| Recurring financial charges | 65 | €124 | €158 | +€33 | +26.6% |
| Profit (loss) for the period before taxes | 9903 | €49,918 | €73,756 | +€23,838 | +47.8% |
| Income taxes | 67/77 | €12,872 | €16,828 | +€3,956 | +30.7% |
| Profit (loss) for the period | 9904 | €37,046 | €56,928 | +€19,882 | +53.7% |
| Profit (loss) for the period to be appropriated | 9905 | €37,046 | €56,928 | +€19,882 | +53.7% |
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 14 October 2026 via checked.be.