WONDERCONTENT: 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.
WONDERCONTENT
Largest movements
- Financial fixed assets +€177,333
up €177,333 (+123%), from €144,667 to €322,000
- Receivables within one year -€27,716
down €27,716 (-36.1%), from €76,820 to €49,104
of which Trade receivables: -€32,299
- Tangible fixed assets +€20,807
up €20,807 (+31.6%), from €65,936 to €86,742
of which Furniture and vehicles: +€23,299
- Debts after one year +€177,333
up €177,333 (+123%), from €144,667 to €322,000
- Other debts +€99,523
up €99,523 (+249%), from €39,950 to €139,473
- Profit (loss) carried forward -€71,459
no longer reported in 2025 (was €71,459)
- Trade debts -€17,766
down €17,766 (-89.2%), from €19,916 to €2,150
- Tax, wage and social debts -€13,381
down €13,381 (-43.4%), from €30,836 to €17,454
- Gross operating margin +€16,626
up €16,626 (+17.6%), from €94,245 to €110,872
- Financial charges +€10,071
up €10,071 (+345%), from €2,923 to €12,994
- Depreciation +€3,692
up €3,692 (+53.2%), from €6,933 to €10,625
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 | €327,288 | €501,538 | +€174,250 | +53.2% |
| Fixed assets | 21/28 | €210,602 | €408,742 | +€198,140 | +94.1% |
| Tangible fixed assets | 22/27 | €65,936 | €86,742 | +€20,807 | +31.6% |
| Furniture and vehicles | 24 | €51,305 | €74,604 | +€23,299 | +45.4% |
| Other tangible fixed assets | 26 | €14,631 | €12,139 | -€2,492 | -17.0% |
| Financial fixed assets | 28 | €144,667 | €322,000 | +€177,333 | +123% |
| Current assets | 29/58 | €116,686 | €92,796 | -€23,890 | -20.5% |
| Amounts receivable after more than one year | 29 | €37,000 | €37,000 | = | 0.0% |
| Other amounts receivable | 291 | €37,000 | €37,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €76,820 | €49,104 | -€27,716 | -36.1% |
| Trade receivables | 40 | €55,414 | €23,115 | -€32,299 | -58.3% |
| Other amounts receivable | 41 | €21,406 | €25,989 | +€4,583 | +21.4% |
| Cash at bank and in hand | 54/58 | €1,300 | €5,682 | +€4,381 | +337% |
| Deferred charges and accrued income | 490/1 | €1,566 | €1,010 | -€555 | -35.5% |
| Total equity and liabilities | 10/49 | €327,288 | €501,538 | +€174,250 | +53.2% |
| Equity | 10/15 | €91,919 | €20,460 | -€71,459 | -77.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €71,459 | - | -€71,459 | |
| Amounts payable | 17/49 | €235,369 | €481,078 | +€245,709 | +104% |
| Amounts payable after more than one year | 17 | €144,667 | €322,000 | +€177,333 | +123% |
| Financial debts | 170/4 | €144,667 | €322,000 | +€177,333 | +123% |
| Amounts payable within one year | 42/48 | €90,702 | €159,078 | +€68,376 | +75.4% |
| Trade debts | 44 | €19,916 | €2,150 | -€17,766 | -89.2% |
| Suppliers | 440/4 | €19,916 | €2,150 | -€17,766 | -89.2% |
| Taxes, remuneration and social security | 45 | €30,836 | €17,454 | -€13,381 | -43.4% |
| Taxes | 450/3 | €30,836 | €17,454 | -€13,381 | -43.4% |
| Other amounts payable | 47/48 | €39,950 | €139,473 | +€99,523 | +249% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,933 | €10,625 | +€3,692 | +53.2% |
| Other operating charges | 640/8 | €1,212 | €1,355 | +€143 | +11.8% |
| Gross operating margin | 9900 | €94,245 | €110,872 | +€16,626 | +17.6% |
| Operating profit (loss) | 9901 | €86,101 | €98,892 | +€12,791 | +14.9% |
| Financial income | 75/76B | €1,663 | €1,942 | +€280 | +16.8% |
| Recurring financial income | 75 | €1,663 | €1,942 | +€280 | +16.8% |
| Financial charges | 65/66B | €2,923 | €12,994 | +€10,071 | +345% |
| Recurring financial charges | 65 | €2,923 | €12,994 | +€10,071 | +345% |
| Profit (loss) for the period before taxes | 9903 | €84,840 | €87,840 | +€3,000 | +3.5% |
| Income taxes | 67/77 | €19,084 | €19,826 | +€742 | +3.9% |
| Profit (loss) for the period | 9904 | €65,756 | €68,014 | +€2,258 | +3.4% |
| Profit (loss) for the period to be appropriated | 9905 | €65,756 | €68,014 | +€2,258 | +3.4% |
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 17 October 2026 via checked.be.