WONG: 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.
WONG
Largest movements
- Tangible fixed assets -€10,400
down €10,400 (-26.3%), from €39,589 to €29,188
of which Furniture and vehicles: -€8,996
- Cash -€4,942
down €4,942 (-16.2%), from €30,531 to €25,589
mainly Debts after one year (-€8,552) and Net result for the year (-€5,412)
- Stocks and contracts +€1,935
up €1,935 (+320.5%), from €604 to €2,539
- Debts after one year -€8,552
down €8,552 (-38.8%), from €22,019 to €13,467
- Reserves -€5,412
down €5,412 (-9.0%), from €59,828 to €54,416
of which Distributable reserves: -€5,412
- Tax, wage and social debts +€1,356
up €1,356 (+60.4%), from €2,247 to €3,603
of which Remuneration and social security: +€2,863
- Gross operating margin -€7,936
down €7,936 (-27.8%), from €28,535 to €20,600
- Staff costs -€3,414
down €3,414 (-21.5%), from €15,855 to €12,441
- Depreciation +€3,376
up €3,376 (+46.1%), from €7,328 to €10,704
- Financial income -€813
down €813 (-46.0%), from €1,770 to €957
- Other operating charges -€416
down €416 (-23.2%), from €1,789 to €1,373
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 | €118,303 | €105,643 | -€12,660 | -10.7% |
| Fixed assets | 21/28 | €39,849 | €29,449 | -€10,400 | -26.1% |
| Tangible fixed assets | 22/27 | €39,589 | €29,188 | -€10,400 | -26.3% |
| Land and buildings | 22 | €1,132 | €333 | -€799 | -70.6% |
| Plant, machinery and equipment | 23 | €1,083 | €478 | -€605 | -55.8% |
| Furniture and vehicles | 24 | €37,373 | €28,377 | -€8,996 | -24.1% |
| Financial fixed assets | 28 | €260 | €260 | = | 0.0% |
| Current assets | 29/58 | €78,454 | €76,195 | -€2,260 | -2.9% |
| Amounts receivable after more than one year | 29 | €40,000 | €40,000 | = | 0.0% |
| Other amounts receivable | 291 | €40,000 | €40,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €604 | €2,539 | +€1,935 | +320.5% |
| Stocks | 30/36 | €604 | €2,539 | +€1,935 | +320.5% |
| Amounts receivable within one year | 40/41 | €5,445 | €6,195 | +€750 | +13.8% |
| Trade receivables | 40 | €3,448 | €3,572 | +€124 | +3.6% |
| Other amounts receivable | 41 | €1,997 | €2,623 | +€626 | +31.4% |
| Cash at bank and in hand | 54/58 | €30,531 | €25,589 | -€4,942 | -16.2% |
| Deferred charges and accrued income | 490/1 | €1,874 | €1,872 | -€3 | -0.1% |
| Total equity and liabilities | 10/49 | €118,303 | €105,643 | -€12,660 | -10.7% |
| Equity | 10/15 | €78,420 | €73,008 | -€5,412 | -6.9% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €59,828 | €54,416 | -€5,412 | -9.0% |
| Tax-exempt reserves | 132 | €11,500 | €11,500 | = | 0.0% |
| Distributable reserves | 133 | €48,328 | €42,916 | -€5,412 | -11.2% |
| Amounts payable | 17/49 | €39,883 | €32,635 | -€7,248 | -18.2% |
| Amounts payable after more than one year | 17 | €22,019 | €13,467 | -€8,552 | -38.8% |
| Financial debts | 170/4 | €22,019 | €13,467 | -€8,552 | -38.8% |
| Amounts payable within one year | 42/48 | €17,243 | €19,034 | +€1,792 | +10.4% |
| Current portion of amounts payable after more than one year | 42 | €8,870 | €9,194 | +€324 | +3.7% |
| Trade debts | 44 | €6,126 | €6,237 | +€111 | +1.8% |
| Suppliers | 440/4 | €6,126 | €6,237 | +€111 | +1.8% |
| Taxes, remuneration and social security | 45 | €2,247 | €3,603 | +€1,356 | +60.4% |
| Taxes | 450/3 | €1,636 | €129 | -€1,506 | -92.1% |
| Remuneration and social security | 454/9 | €611 | €3,474 | +€2,863 | +468.6% |
| Accrued charges and deferred income | 492/3 | €621 | €133 | -€488 | -78.6% |
| Remuneration, social security and pensions | 62 | €15,855 | €12,441 | -€3,414 | -21.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,328 | €10,704 | +€3,376 | +46.1% |
| Other operating charges | 640/8 | €1,789 | €1,373 | -€416 | -23.2% |
| Gross operating margin | 9900 | €28,535 | €20,600 | -€7,936 | -27.8% |
| Operating profit (loss) | 9901 | €3,564 | -€3,918 | -€7,482 | |
| Financial income | 75/76B | €1,770 | €957 | -€813 | -46.0% |
| Recurring financial income | 75 | €1,770 | €957 | -€813 | -46.0% |
| Financial charges | 65/66B | €1,207 | €1,456 | +€250 | +20.7% |
| Recurring financial charges | 65 | €1,207 | €1,456 | +€250 | +20.7% |
| Profit (loss) for the period before taxes | 9903 | €4,127 | -€4,418 | -€8,545 | |
| Income taxes | 67/77 | €1,137 | €994 | -€143 | -12.6% |
| Profit (loss) for the period | 9904 | €2,990 | -€5,412 | -€8,402 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,990 | -€5,412 | -€8,402 |
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 5 October 2026 via checked.be.