WoPa Construction: 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.
WoPa Construction
Largest movements
- Deferred charges and accrued income +€49,045
up €49,045 (+816.2%), from €6,009 to €55,054
- Cash +€18,858
up €18,858 (+87.5%), from €21,545 to €40,403
mainly Advances received (+€40,863) and Net result for the year (+€18,849)
- Receivables within one year -€5,004
down €5,004 (-15.3%), from €32,767 to €27,764
of which Other amounts receivable: -€3,804
- Advances received +€40,863
up €40,863 (+1459.7%), from €2,799 to €43,662
- Reserves +€18,016
up €18,016 (+35.6%), from €50,559 to €68,575
- Accrued charges and deferred income +€7,757
up €7,757 (+205.8%), from €3,769 to €11,527
- Short-term financial debts -€3,776
no longer reported in 2025 (was €3,776)
- Tax, wage and social debts +€2,650
up €2,650 (+80.3%), from €3,299 to €5,949
of which Remuneration and social security: +€1,550
- Gross operating margin +€17,791
up €17,791 (+93.9%), from €18,941 to €36,732
- Taxes +€4,647
up €4,647 (+131.0%), from €3,546 to €8,193
- Depreciation +€1,046
up €1,046 (+29.5%), from €3,550 to €4,596
- Financial charges +€517
up €517 (+27.5%), from €1,878 to €2,395
- Other operating charges +€431
up €431 (+100.7%), from €428 to €859
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 | €76,930 | €140,490 | +€63,560 | +82.6% |
| Fixed assets | 21/28 | €16,608 | €17,269 | +€661 | +4.0% |
| Tangible fixed assets | 22/27 | €14,028 | €14,689 | +€661 | +4.7% |
| Plant, machinery and equipment | 23 | €7,611 | €10,024 | +€2,413 | +31.7% |
| Furniture and vehicles | 24 | €6,417 | €4,665 | -€1,752 | -27.3% |
| Financial fixed assets | 28 | €2,580 | €2,580 | = | 0.0% |
| Current assets | 29/58 | €60,321 | €123,221 | +€62,899 | +104.3% |
| Amounts receivable within one year | 40/41 | €32,767 | €27,764 | -€5,004 | -15.3% |
| Trade receivables | 40 | €1,200 | - | -€1,200 | |
| Other amounts receivable | 41 | €31,567 | €27,764 | -€3,804 | -12.0% |
| Cash at bank and in hand | 54/58 | €21,545 | €40,403 | +€18,858 | +87.5% |
| Deferred charges and accrued income | 490/1 | €6,009 | €55,054 | +€49,045 | +816.2% |
| Total equity and liabilities | 10/49 | €76,930 | €140,490 | +€63,560 | +82.6% |
| Equity | 10/15 | €55,559 | €73,575 | +€18,016 | +32.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €50,559 | €68,575 | +€18,016 | +35.6% |
| Distributable reserves | 133 | €50,559 | €68,575 | +€18,016 | +35.6% |
| Amounts payable | 17/49 | €21,371 | €66,915 | +€45,544 | +213.1% |
| Amounts payable within one year | 42/48 | €17,601 | €55,388 | +€37,786 | +214.7% |
| Financial debts | 43 | €3,776 | - | -€3,776 | |
| Other loans | 439 | €3,776 | - | -€3,776 | |
| Trade debts | 44 | €2,219 | €262 | -€1,957 | -88.2% |
| Suppliers | 440/4 | €2,219 | €262 | -€1,957 | -88.2% |
| Advances received on contracts in progress | 46 | €2,799 | €43,662 | +€40,863 | +1459.7% |
| Taxes, remuneration and social security | 45 | €3,299 | €5,949 | +€2,650 | +80.3% |
| Taxes | 450/3 | €250 | €1,350 | +€1,100 | +440.2% |
| Remuneration and social security | 454/9 | €3,050 | €4,600 | +€1,550 | +50.8% |
| Other amounts payable | 47/48 | €5,507 | €5,514 | +€7 | +0.1% |
| Accrued charges and deferred income | 492/3 | €3,769 | €11,527 | +€7,757 | +205.8% |
| Non-recurring operating income | 76A | - | €4,202 | +€4,202 | |
| Remuneration, social security and pensions | 62 | €1,920 | €1,920 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,550 | €4,596 | +€1,046 | +29.5% |
| Other operating charges | 640/8 | €428 | €859 | +€431 | +100.7% |
| Gross operating margin | 9900 | €18,941 | €36,732 | +€17,791 | +93.9% |
| Operating profit (loss) | 9901 | €13,043 | €29,357 | +€16,314 | +125.1% |
| Financial income | 75/76B | €31 | €81 | +€50 | +158.7% |
| Recurring financial income | 75 | €31 | €81 | +€50 | +158.7% |
| Financial charges | 65/66B | €1,878 | €2,395 | +€517 | +27.5% |
| Recurring financial charges | 65 | €1,878 | €2,395 | +€517 | +27.5% |
| Profit (loss) for the period before taxes | 9903 | €11,196 | €27,042 | +€15,846 | +141.5% |
| Income taxes | 67/77 | €3,546 | €8,193 | +€4,647 | +131.0% |
| Profit (loss) for the period | 9904 | €7,650 | €18,849 | +€11,199 | +146.4% |
| Profit (loss) for the period to be appropriated | 9905 | €7,650 | €18,849 | +€11,199 | +146.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.