WOORANK: 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.
WOORANK
Largest movements
- Intangible fixed assets -€621,300
down €621,300 (-30.8%), from €2.0m to €1.4m
- Receivables within one year +€541,898
up €541,898 (+800.7%), from €67,676 to €609,574
of which Other amounts receivable: +€510,039
- Other debts +€870,297
up €870,297 (+68.1%), from €1.3m to €2.1m
- Profit (loss) carried forward -€678,993
down €678,993 (-31.0%), from -€2.2m to -€2.9m
- Current portion of long-term debt -€120,000
down €120,000 (-47.5%), from €252,727 to €132,727
- Debts after one year -€72,727
down €72,727 (-33.3%), from €218,182 to €145,455
- Trade debts -€39,933
down €39,933 (-54.7%), from €73,068 to €33,135
- Staff costs -€46,640
down €46,640 (-16.9%), from €276,769 to €230,129
- Financial charges -€28,661
down €28,661 (-27.4%), from €104,771 to €76,110
- Other operating charges -€15,367
down €15,367 (-92.2%), from €16,666 to €1,299
- Write-downs -€10,727
down €10,727 (-79.4%), from €13,506 to €2,779
- Gross operating margin +€3,970
up €3,970 (+1.6%), from €253,660 to €257,630
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 | €2,259,174 | €2,154,674 | -€104,500 | -4.6% |
| Fixed assets | 21/28 | €2,028,330 | €1,403,645 | -€624,685 | -30.8% |
| Intangible fixed assets | 21 | €2,019,225 | €1,397,925 | -€621,300 | -30.8% |
| Tangible fixed assets | 22/27 | €6,805 | €1,800 | -€5,005 | -73.6% |
| Plant, machinery and equipment | 23 | €6,193 | €1,463 | -€4,730 | -76.4% |
| Furniture and vehicles | 24 | €612 | €337 | -€275 | -44.9% |
| Financial fixed assets | 28 | €2,300 | €3,920 | +€1,620 | +70.4% |
| Current assets | 29/58 | €230,844 | €751,029 | +€520,185 | +225.3% |
| Amounts receivable within one year | 40/41 | €67,676 | €609,574 | +€541,898 | +800.7% |
| Trade receivables | 40 | €31,684 | €63,543 | +€31,859 | +100.5% |
| Other amounts receivable | 41 | €35,991 | €546,030 | +€510,039 | +1417.1% |
| Cash at bank and in hand | 54/58 | €141,903 | €140,479 | -€1,424 | -1.0% |
| Deferred charges and accrued income | 490/1 | €21,266 | €977 | -€20,289 | -95.4% |
| Total equity and liabilities | 10/49 | €2,259,174 | €2,154,674 | -€104,500 | -4.6% |
| Equity | 10/15 | €241,860 | -€437,132 | -€678,993 | |
| Contributions | 10/11 | €2,341,766 | €2,341,766 | = | 0.0% |
| Reserves | 13 | €92,099 | €92,099 | = | 0.0% |
| Distributable reserves | 133 | €92,099 | €92,099 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,192,005 | -€2,870,998 | -€678,993 | -31.0% |
| Amounts payable | 17/49 | €2,017,313 | €2,591,806 | +€574,493 | +28.5% |
| Amounts payable after more than one year | 17 | €218,182 | €145,455 | -€72,727 | -33.3% |
| Financial debts | 170/4 | €218,182 | €145,455 | -€72,727 | -33.3% |
| Amounts payable within one year | 42/48 | €1,664,597 | €2,337,374 | +€672,776 | +40.4% |
| Current portion of amounts payable after more than one year | 42 | €252,727 | €132,727 | -€120,000 | -47.5% |
| Trade debts | 44 | €73,068 | €33,135 | -€39,933 | -54.7% |
| Suppliers | 440/4 | €73,068 | €33,135 | -€39,933 | -54.7% |
| Taxes, remuneration and social security | 45 | €60,998 | €23,410 | -€37,588 | -61.6% |
| Taxes | 450/3 | €6,152 | €3,509 | -€2,642 | -43.0% |
| Remuneration and social security | 454/9 | €54,846 | €19,901 | -€34,945 | -63.7% |
| Other amounts payable | 47/48 | €1,277,804 | €2,148,102 | +€870,297 | +68.1% |
| Accrued charges and deferred income | 492/3 | €134,534 | €108,978 | -€25,556 | -19.0% |
| Non-recurring operating income | 76A | - | €9,534 | +€9,534 | |
| Remuneration, social security and pensions | 62 | €276,769 | €230,129 | -€46,640 | -16.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €623,810 | €626,305 | +€2,495 | +0.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €13,506 | €2,779 | -€10,727 | -79.4% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €0 | - | = | |
| Other operating charges | 640/8 | €16,666 | €1,299 | -€15,367 | -92.2% |
| Gross operating margin | 9900 | €253,660 | €257,630 | +€3,970 | +1.6% |
| Operating profit (loss) | 9901 | -€677,091 | -€602,882 | +€74,209 | +11.0% |
| Financial charges | 65/66B | €104,771 | €76,110 | -€28,661 | -27.4% |
| Recurring financial charges | 65 | €104,771 | €76,110 | -€28,661 | -27.4% |
| Profit (loss) for the period before taxes | 9903 | -€781,862 | -€678,993 | +€102,869 | +13.2% |
| Profit (loss) for the period | 9904 | -€781,862 | -€678,993 | +€102,869 | +13.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€781,862 | -€678,993 | +€102,869 | +13.2% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.