Wonder Why: 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.
Wonder Why
Largest movements
- Cash -€88,316
down €88,316 (-41.2%), from €214,363 to €126,047
mainly Contributions, distributions and other (-€188,642) and Receivables within one year (-€26,408)
- Receivables within one year +€26,408
up €26,408 (+411%), from €6,432 to €32,840
of which Trade receivables: +€14,762
- Tangible fixed assets -€11,984
down €11,984 (-32.1%), from €37,295 to €25,310
of which Furniture and vehicles: -€13,677
- Reserves -€158,706
down €158,706 (-90.2%), from €175,852 to €17,146
- Other debts +€112,157
up €112,157 (+950%), from €11,804 to €123,961
- Tax, wage and social debts -€16,726
down €16,726 (-51.5%), from €32,473 to €15,746
- Debts after one year -€12,492
down €12,492 (-57.0%), from €21,923 to €9,431
- Gross operating margin -€68,127
down €68,127 (-55.4%), from €122,897 to €54,770
- Taxes -€14,775
down €14,775 (-63.9%), from €23,128 to €8,353
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 | €260,268 | €185,754 | -€74,514 | -28.6% |
| Fixed assets | 21/28 | €37,295 | €25,310 | -€11,984 | -32.1% |
| Tangible fixed assets | 22/27 | €37,295 | €25,310 | -€11,984 | -32.1% |
| Plant, machinery and equipment | 23 | - | €1,692 | +€1,692 | |
| Furniture and vehicles | 24 | €37,295 | €23,618 | -€13,677 | -36.7% |
| Current assets | 29/58 | €222,973 | €160,444 | -€62,530 | -28.0% |
| Amounts receivable within one year | 40/41 | €6,432 | €32,840 | +€26,408 | +411% |
| Trade receivables | 40 | €6,432 | €21,193 | +€14,762 | +230% |
| Other amounts receivable | 41 | €0 | €11,647 | +€11,647 | |
| Cash at bank and in hand | 54/58 | €214,363 | €126,047 | -€88,316 | -41.2% |
| Deferred charges and accrued income | 490/1 | €2,179 | €1,557 | -€622 | -28.5% |
| Total equity and liabilities | 10/49 | €260,268 | €185,754 | -€74,514 | -28.6% |
| Equity | 10/15 | €178,852 | €20,146 | -€158,706 | -88.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €175,852 | €17,146 | -€158,706 | -90.2% |
| Distributable reserves | 133 | €175,852 | €17,146 | -€158,706 | -90.2% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €81,416 | €165,608 | +€84,192 | +103% |
| Amounts payable after more than one year | 17 | €21,923 | €9,431 | -€12,492 | -57.0% |
| Financial debts | 170/4 | €21,923 | €9,431 | -€12,492 | -57.0% |
| Amounts payable within one year | 42/48 | €59,148 | €154,432 | +€95,284 | +161% |
| Current portion of amounts payable after more than one year | 42 | €12,399 | €12,492 | +€93 | +0.7% |
| Trade debts | 44 | €2,472 | €2,232 | -€239 | -9.7% |
| Suppliers | 440/4 | €2,472 | €2,232 | -€239 | -9.7% |
| Taxes, remuneration and social security | 45 | €32,473 | €15,746 | -€16,726 | -51.5% |
| Taxes | 450/3 | €32,473 | €15,746 | -€16,726 | -51.5% |
| Other amounts payable | 47/48 | €11,804 | €123,961 | +€112,157 | +950% |
| Accrued charges and deferred income | 492/3 | €346 | €1,745 | +€1,400 | +405% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,677 | €14,014 | +€337 | +2.5% |
| Other operating charges | 640/8 | - | €141 | +€141 | |
| Gross operating margin | 9900 | €122,897 | €54,770 | -€68,127 | -55.4% |
| Operating profit (loss) | 9901 | €109,221 | €40,616 | -€68,605 | -62.8% |
| Financial income | 75/76B | €5 | €0 | -€5 | -100% |
| Recurring financial income | 75 | €5 | €0 | -€5 | -100% |
| Financial charges | 65/66B | €1,125 | €2,326 | +€1,202 | +107% |
| Recurring financial charges | 65 | €1,125 | €2,326 | +€1,202 | +107% |
| Profit (loss) for the period before taxes | 9903 | €108,101 | €38,290 | -€69,812 | -64.6% |
| Income taxes | 67/77 | €23,128 | €8,353 | -€14,775 | -63.9% |
| Profit (loss) for the period | 9904 | €84,973 | €29,936 | -€55,037 | -64.8% |
| Profit (loss) for the period to be appropriated | 9905 | €84,973 | €29,936 | -€55,037 | -64.8% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.