Woosh: 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.
Woosh
Largest movements
- Tangible fixed assets +€370,423
up €370,423 (+680.2%), from €54,457 to €424,880
of which Leasing and similar rights: +€348,577
- Receivables within one year +€216,576
up €216,576 (+64.7%), from €334,673 to €551,249
of which Trade receivables: +€238,176
- Cash -€108,519
down €108,519 (-60.9%), from €178,305 to €69,786
mainly Investment in fixed assets (net) (-€682,116) and Receivables within one year (-€216,576)
- Profit (loss) carried forward +€209,957
up €209,957 (+45.4%), from -€462,176 to -€252,218
- Current portion of long-term debt +€99,909
up €99,909 (+63.3%), from €157,904 to €257,813
- Provisions +€87,512
new in 2025: €87,512
- Tax, wage and social debts +€75,738
up €75,738 (+176.6%), from €42,880 to €118,617
of which Remuneration and social security: +€83,801
- Gross operating margin +€373,302
up €373,302 (+51.8%), from €720,349 to €1.1m
- Staff costs +€90,023
up €90,023 (+21.0%), from €429,214 to €519,237
- Provisions +€87,512
new in 2025: €87,512
- Financial income +€78,523
up €78,523 (+6176.9%), from €1,271 to €79,794
of which Non-recurring financial income: +€64,930
- Depreciation +€58,482
up €58,482 (+23.4%), from €250,130 to €308,613
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 | €2,138,734 | €2,599,940 | +€461,206 | +21.6% |
| Fixed assets | 21/28 | €1,487,992 | €1,861,496 | +€373,504 | +25.1% |
| Intangible fixed assets | 21 | €1,429,895 | €1,432,975 | +€3,081 | +0.2% |
| Tangible fixed assets | 22/27 | €54,457 | €424,880 | +€370,423 | +680.2% |
| Plant, machinery and equipment | 23 | €43,257 | €37,193 | -€6,064 | -14.0% |
| Furniture and vehicles | 24 | €11,200 | €39,110 | +€27,910 | +249.2% |
| Leasing and similar rights | 25 | - | €348,577 | +€348,577 | |
| Financial fixed assets | 28 | €3,640 | €3,640 | = | 0.0% |
| Current assets | 29/58 | €650,742 | €738,444 | +€87,702 | +13.5% |
| Stocks and contracts in progress | 3 | €134,993 | €113,564 | -€21,429 | -15.9% |
| Stocks | 30/36 | €134,993 | €113,564 | -€21,429 | -15.9% |
| Amounts receivable within one year | 40/41 | €334,673 | €551,249 | +€216,576 | +64.7% |
| Trade receivables | 40 | €313,073 | €551,249 | +€238,176 | +76.1% |
| Other amounts receivable | 41 | €21,600 | - | -€21,600 | |
| Current investments | 50/53 | €383 | €313 | -€70 | -18.2% |
| Cash at bank and in hand | 54/58 | €178,305 | €69,786 | -€108,519 | -60.9% |
| Deferred charges and accrued income | 490/1 | €2,388 | €3,532 | +€1,144 | +47.9% |
| Total equity and liabilities | 10/49 | €2,138,734 | €2,599,940 | +€461,206 | +21.6% |
| Equity | 10/15 | €465,043 | €675,000 | +€209,957 | +45.1% |
| Contributions | 10/11 | €926,835 | €926,835 | = | 0.0% |
| Reserves | 13 | €383 | €383 | = | 0.0% |
| Non-distributable reserves | 130/1 | €383 | €313 | -€70 | -18.2% |
| Reserves not available under the articles | 1311 | €383 | €313 | -€70 | -18.2% |
| Distributable reserves | 133 | - | €70 | +€70 | |
| Profit (loss) carried forward | 14 | -€462,176 | -€252,218 | +€209,957 | +45.4% |
| Provisions and deferred taxes | 16 | - | €87,512 | +€87,512 | |
| Provisions for liabilities and charges | 160/5 | - | €87,512 | +€87,512 | |
| Other liabilities and charges | 164/5 | - | €87,512 | +€87,512 | |
| Amounts payable | 17/49 | €1,673,691 | €1,837,428 | +€163,737 | +9.8% |
| Amounts payable after more than one year | 17 | €328,374 | €341,028 | +€12,655 | +3.9% |
| Financial debts | 170/4 | €328,374 | €341,028 | +€12,655 | +3.9% |
| Amounts payable within one year | 42/48 | €918,880 | €1,090,603 | +€171,723 | +18.7% |
| Current portion of amounts payable after more than one year | 42 | €157,904 | €257,813 | +€99,909 | +63.3% |
| Trade debts | 44 | €705,846 | €701,872 | -€3,974 | -0.6% |
| Suppliers | 440/4 | €705,846 | €701,872 | -€3,974 | -0.6% |
| Taxes, remuneration and social security | 45 | €42,880 | €118,617 | +€75,738 | +176.6% |
| Taxes | 450/3 | €14,389 | €6,326 | -€8,063 | -56.0% |
| Remuneration and social security | 454/9 | €28,491 | €112,292 | +€83,801 | +294.1% |
| Other amounts payable | 47/48 | €12,250 | €12,300 | +€50 | +0.4% |
| Accrued charges and deferred income | 492/3 | €426,438 | €405,797 | -€20,641 | -4.8% |
| Remuneration, social security and pensions | 62 | €429,214 | €519,237 | +€90,023 | +21.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €250,130 | €308,613 | +€58,482 | +23.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €5,227 | €988 | -€4,239 | -81.1% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €87,512 | +€87,512 | |
| Other operating charges | 640/8 | €4,529 | €3,814 | -€715 | -15.8% |
| Gross operating margin | 9900 | €720,349 | €1,093,651 | +€373,302 | +51.8% |
| Operating profit (loss) | 9901 | €31,248 | €173,487 | +€142,239 | +455.2% |
| Financial income | 75/76B | €1,271 | €79,794 | +€78,523 | +6176.9% |
| Recurring financial income | 75 | €1,271 | €14,864 | +€13,593 | +1069.3% |
| Non-recurring financial income | 76B | - | €64,930 | +€64,930 | |
| Financial charges | 65/66B | €47,722 | €43,324 | -€4,398 | -9.2% |
| Recurring financial charges | 65 | €47,722 | €43,324 | -€4,398 | -9.2% |
| Profit (loss) for the period before taxes | 9903 | -€15,202 | €209,957 | +€225,160 | |
| Profit (loss) for the period | 9904 | -€15,202 | €209,957 | +€225,160 | |
| Profit (loss) for the period to be appropriated | 9905 | -€15,202 | €209,957 | +€225,160 |
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 8 October 2026 via checked.be.