WOON: 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.
WOON
Largest movements
- Tangible fixed assets -€46,690
down €46,690 (-3.2%), from €1.5m to €1.4m
of which Other tangible fixed assets: -€44,606
- Debts after one year -€104,151
down €104,151 (-10.0%), from €1.0m to €937,543
of which Financial debts: -€90,091
- Reserves +€45,452
up €45,452 (+14.5%), from €314,423 to €359,875
of which Distributable reserves: +€47,312
- Gross operating margin +€7,518
up €7,518 (+4.4%), from €171,224 to €178,742
- Other operating charges +€7,482
up €7,482 (+56.0%), from €13,372 to €20,854
- Financial charges -€3,976
down €3,976 (-11.2%), from €35,439 to €31,462
- Taxes -€2,462
down €2,462 (-14.4%), from €17,147 to €14,685
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 | €1,521,729 | €1,471,533 | -€50,196 | -3.3% |
| Fixed assets | 21/28 | €1,467,488 | €1,420,798 | -€46,690 | -3.2% |
| Tangible fixed assets | 22/27 | €1,467,339 | €1,420,650 | -€46,690 | -3.2% |
| Plant, machinery and equipment | 23 | €2,803 | €719 | -€2,084 | -74.3% |
| Other tangible fixed assets | 26 | €1,464,537 | €1,419,931 | -€44,606 | -3.0% |
| Financial fixed assets | 28 | €149 | €149 | = | 0.0% |
| Current assets | 29/58 | €54,241 | €50,734 | -€3,506 | -6.5% |
| Amounts receivable within one year | 40/41 | €6,070 | €20,594 | +€14,524 | +239.3% |
| Trade receivables | 40 | - | €2,840 | +€2,840 | |
| Other amounts receivable | 41 | €6,070 | €17,755 | +€11,685 | +192.5% |
| Cash at bank and in hand | 54/58 | €32,729 | €22,284 | -€10,444 | -31.9% |
| Deferred charges and accrued income | 490/1 | €15,442 | €7,855 | -€7,587 | -49.1% |
| Total equity and liabilities | 10/49 | €1,521,729 | €1,471,533 | -€50,196 | -3.3% |
| Equity | 10/15 | €333,023 | €378,475 | +€45,452 | +13.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €314,423 | €359,875 | +€45,452 | +14.5% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €312,563 | €359,875 | +€47,312 | +15.1% |
| Amounts payable | 17/49 | €1,188,706 | €1,093,058 | -€95,648 | -8.0% |
| Amounts payable after more than one year | 17 | €1,041,694 | €937,543 | -€104,151 | -10.0% |
| Financial debts | 170/4 | €918,886 | €828,795 | -€90,091 | -9.8% |
| Other amounts payable | 178/9 | €122,809 | €108,749 | -€14,060 | -11.4% |
| Amounts payable within one year | 42/48 | €112,096 | €127,605 | +€15,508 | +13.8% |
| Current portion of amounts payable after more than one year | 42 | €94,820 | €97,486 | +€2,666 | +2.8% |
| Financial debts | 43 | €12,557 | €12,057 | -€499 | -4.0% |
| Credit institutions | 430/8 | €12,557 | €12,057 | -€499 | -4.0% |
| Trade debts | 44 | €2,573 | €13,132 | +€10,559 | +410.4% |
| Suppliers | 440/4 | €2,573 | €13,132 | +€10,559 | +410.4% |
| Taxes, remuneration and social security | 45 | €2,147 | - | -€2,147 | |
| Taxes | 450/3 | €2,147 | - | -€2,147 | |
| Other amounts payable | 47/48 | - | €4,929 | +€4,929 | |
| Accrued charges and deferred income | 492/3 | €34,915 | €27,910 | -€7,005 | -20.1% |
| Non-recurring operating income | 76A | - | €3,893 | +€3,893 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €67,896 | €66,292 | -€1,604 | -2.4% |
| Other operating charges | 640/8 | €13,372 | €20,854 | +€7,482 | +56.0% |
| Gross operating margin | 9900 | €171,224 | €178,742 | +€7,518 | +4.4% |
| Operating profit (loss) | 9901 | €89,957 | €91,597 | +€1,640 | +1.8% |
| Financial income | 75/76B | €0 | €3 | +€2 | +664.7% |
| Recurring financial income | 75 | €0 | €3 | +€2 | +664.7% |
| Financial charges | 65/66B | €35,439 | €31,462 | -€3,976 | -11.2% |
| Recurring financial charges | 65 | €35,439 | €31,462 | -€3,976 | -11.2% |
| Profit (loss) for the period before taxes | 9903 | €54,518 | €60,137 | +€5,619 | +10.3% |
| Income taxes | 67/77 | €17,147 | €14,685 | -€2,462 | -14.4% |
| Profit (loss) for the period | 9904 | €37,371 | €45,452 | +€8,081 | +21.6% |
| Profit (loss) for the period to be appropriated | 9905 | €37,371 | €45,452 | +€8,081 | +21.6% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.