WONDERWALL: what changed
Two fiscal 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.
WONDERWALL
Largest movements
- Receivables within one year -€9,569
down €9,569 (-15.8%), from €60,658 to €51,090
of which Trade receivables: -€12,705
- Tangible fixed assets -€9,445
down €9,445 (-21.7%), from €43,472 to €34,027
of which Plant, machinery and equipment: -€5,080
- Cash -€2,327
down €2,327 (-54.5%), from €4,269 to €1,943
mainly Net result for the year (-€10,073) and Debts after one year (-€6,976)
- Profit (loss) carried forward -€10,073
down €10,073, from €1,523 to -€8,550
- Debts after one year -€6,976
down €6,976 (-92.2%), from €7,569 to €593
- Trade debts -€4,599
down €4,599 (-78.9%), from €5,827 to €1,228
- Gross operating margin -€21,917
down €21,917, from €19,317 to -€2,599
- Taxes -€4,974
down €4,974 (-96.1%), from €5,175 to €202
- Financial charges -€658
down €658 (-27.8%), from €2,366 to €1,708
- Financial income -€563
down €563 (-18.8%), from €2,994 to €2,430
- Other operating charges -€558
down €558 (-42.1%), from €1,327 to €769
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 | €111,431 | €90,090 | -€21,341 | -19.2% |
| Fixed assets | 21/28 | €43,472 | €34,027 | -€9,445 | -21.7% |
| Tangible fixed assets | 22/27 | €43,472 | €34,027 | -€9,445 | -21.7% |
| Plant, machinery and equipment | 23 | €25,480 | €20,400 | -€5,080 | -19.9% |
| Furniture and vehicles | 24 | €17,992 | €13,627 | -€4,365 | -24.3% |
| Current assets | 29/58 | €67,959 | €56,063 | -€11,896 | -17.5% |
| Stocks and contracts in progress | 3 | €3,031 | €3,031 | = | 0.0% |
| Stocks | 30/36 | €3,031 | €3,031 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €60,658 | €51,090 | -€9,569 | -15.8% |
| Trade receivables | 40 | €17,231 | €4,526 | -€12,705 | -73.7% |
| Other amounts receivable | 41 | €43,427 | €46,564 | +€3,136 | +7.2% |
| Cash at bank and in hand | 54/58 | €4,269 | €1,943 | -€2,327 | -54.5% |
| Total equity and liabilities | 10/49 | €111,431 | €90,090 | -€21,341 | -19.2% |
| Equity | 10/15 | €78,933 | €68,860 | -€10,073 | -12.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €71,209 | €71,209 | = | 0.0% |
| Distributable reserves | 133 | €71,209 | €71,209 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,523 | -€8,550 | -€10,073 | |
| Amounts payable | 17/49 | €32,498 | €21,230 | -€11,268 | -34.7% |
| Amounts payable after more than one year | 17 | €7,569 | €593 | -€6,976 | -92.2% |
| Financial debts | 170/4 | €7,569 | €593 | -€6,976 | -92.2% |
| Amounts payable within one year | 42/48 | €24,929 | €20,637 | -€4,292 | -17.2% |
| Current portion of amounts payable after more than one year | 42 | €6,720 | €6,976 | +€256 | +3.8% |
| Financial debts | 43 | €625 | €625 | = | 0.0% |
| Credit institutions | 430/8 | €625 | €625 | = | 0.0% |
| Trade debts | 44 | €5,827 | €1,228 | -€4,599 | -78.9% |
| Suppliers | 440/4 | €5,827 | €1,228 | -€4,599 | -78.9% |
| Taxes, remuneration and social security | 45 | €11,757 | €11,808 | +€51 | +0.4% |
| Taxes | 450/3 | €11,757 | €11,808 | +€51 | +0.4% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Non-recurring operating income | 76A | €3,620 | €0 | -€3,620 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,834 | €4,365 | +€531 | +13.9% |
| Other operating charges | 640/8 | €1,327 | €769 | -€558 | -42.1% |
| Non-recurring operating charges | 66A | - | €2,860 | +€2,860 | |
| Gross operating margin | 9900 | €19,317 | -€2,599 | -€21,917 | |
| Operating profit (loss) | 9901 | €14,157 | -€10,593 | -€24,750 | |
| Financial income | 75/76B | €2,994 | €2,430 | -€563 | -18.8% |
| Recurring financial income | 75 | €2,994 | €2,430 | -€563 | -18.8% |
| Financial charges | 65/66B | €2,366 | €1,708 | -€658 | -27.8% |
| Recurring financial charges | 65 | €2,366 | €1,708 | -€658 | -27.8% |
| Profit (loss) for the period before taxes | 9903 | €14,784 | -€9,871 | -€24,655 | |
| Income taxes | 67/77 | €5,175 | €202 | -€4,974 | -96.1% |
| Profit (loss) for the period | 9904 | €9,609 | -€10,073 | -€19,682 | |
| Profit (loss) for the period to be appropriated | 9905 | €9,609 | -€10,073 | -€19,682 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.