WONDERCRUISES: 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.
WONDERCRUISES
Largest movements
- Receivables within one year +€991,634
up €991,634 (+27.4%), from €3.6m to €4.6m
of which Trade receivables: +€942,224
- Deferred charges and accrued income +€599,235
up €599,235 (+20.4%), from €2.9m to €3.5m
- Cash +€128,753
up €128,753 (+8.2%), from €1.6m to €1.7m
mainly Accrued charges and deferred income (+€1.0m) and Trade debts (+€552,646)
- Accrued charges and deferred income +€1.0m
up €1.0m (+45.1%), from €2.3m to €3.3m
- Trade debts +€552,646
up €552,646 (+16.8%), from €3.3m to €3.8m
- Contributions +€200,000
up €200,000 (+97.5%), from €205,216 to €405,216
- Advances received -€115,083
down €115,083 (-4.2%), from €2.7m to €2.6m
- Gross operating margin +€170,482
up €170,482 (+127.1%), from €134,092 to €304,574
- Staff costs +€22,742
up €22,742 (+12.0%), from €188,878 to €211,620
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.
Cash bridge derived
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 | €8,203,447 | €9,934,009 | +€1.7m | +21.1% |
| Fixed assets | 21/28 | €4,663 | €15,603 | +€10,940 | +234.6% |
| Tangible fixed assets | 22/27 | €1,319 | €12,259 | +€10,940 | +829.4% |
| Plant, machinery and equipment | 23 | €675 | €375 | -€300 | -44.4% |
| Furniture and vehicles | 24 | €10 | €11,355 | +€11,345 | +113450.0% |
| Other tangible fixed assets | 26 | €634 | €529 | -€105 | -16.6% |
| Financial fixed assets | 28 | €3,344 | €3,344 | = | 0.0% |
| Current assets | 29/58 | €8,198,784 | €9,918,407 | +€1.7m | +21.0% |
| Amounts receivable within one year | 40/41 | €3,613,146 | €4,604,780 | +€991,634 | +27.4% |
| Trade receivables | 40 | €3,573,678 | €4,515,902 | +€942,224 | +26.4% |
| Other amounts receivable | 41 | €39,468 | €88,878 | +€49,410 | +125.2% |
| Current investments | 50/53 | €75,164 | €75,164 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €1,570,332 | €1,699,086 | +€128,753 | +8.2% |
| Deferred charges and accrued income | 490/1 | €2,940,141 | €3,539,376 | +€599,235 | +20.4% |
| Total equity and liabilities | 10/49 | €8,203,447 | €9,934,009 | +€1.7m | +21.1% |
| Equity | 10/15 | -€96,041 | €162,061 | +€258,101 | |
| Contributions | 10/11 | €205,216 | €405,216 | +€200,000 | +97.5% |
| Profit (loss) carried forward | 14 | -€301,256 | -€243,155 | +€58,101 | +19.3% |
| Provisions and deferred taxes | 16 | €2,030 | €16,030 | +€14,000 | +689.7% |
| Provisions for liabilities and charges | 160/5 | €2,030 | €16,030 | +€14,000 | +689.7% |
| Other liabilities and charges | 164/5 | €2,030 | €16,030 | +€14,000 | +689.7% |
| Amounts payable | 17/49 | €8,297,457 | €9,755,919 | +€1.5m | +17.6% |
| Amounts payable within one year | 42/48 | €6,035,124 | €6,474,016 | +€438,891 | +7.3% |
| Trade debts | 44 | €3,294,167 | €3,846,814 | +€552,646 | +16.8% |
| Suppliers | 440/4 | €3,294,167 | €3,846,814 | +€552,646 | +16.8% |
| Advances received on contracts in progress | 46 | €2,717,284 | €2,602,201 | -€115,083 | -4.2% |
| Taxes, remuneration and social security | 45 | €23,673 | €25,001 | +€1,328 | +5.6% |
| Taxes | 450/3 | €339 | €470 | +€130 | +38.4% |
| Remuneration and social security | 454/9 | €23,334 | €24,532 | +€1,198 | +5.1% |
| Accrued charges and deferred income | 492/3 | €2,262,333 | €3,281,903 | +€1.0m | +45.1% |
| Remuneration, social security and pensions | 62 | €188,878 | €211,620 | +€22,742 | +12.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,984 | €1,163 | -€821 | -41.4% |
| Other operating charges | 640/8 | €4,969 | €5,452 | +€483 | +9.7% |
| Gross operating margin | 9900 | €134,092 | €304,574 | +€170,482 | +127.1% |
| Operating profit (loss) | 9901 | -€61,739 | €86,339 | +€148,078 | |
| Financial income | 75/76B | - | €33 | +€33 | |
| Recurring financial income | 75 | - | €33 | +€33 | |
| Financial charges | 65/66B | €26,147 | €28,271 | +€2,124 | +8.1% |
| Recurring financial charges | 65 | €26,147 | €28,271 | +€2,124 | +8.1% |
| Profit (loss) for the period before taxes | 9903 | -€87,886 | €58,101 | +€145,987 | |
| Profit (loss) for the period | 9904 | -€87,886 | €58,101 | +€145,987 | |
| Profit (loss) for the period to be appropriated | 9905 | -€87,886 | €58,101 | +€145,987 |
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 9 October 2026 via checked.be.