Wos Labs: 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.
Wos Labs
Largest movements
- Cash +€14,877
up €14,877 (+21.5%), from €69,296 to €84,173
mainly Net result for the year (+€17,008) and Depreciation (+€4,498)
- Receivables within one year +€4,957
up €4,957 (+126%), from €3,925 to €8,882
- Tangible fixed assets -€3,698
down €3,698 (-87.4%), from €4,231 to €534
- Reserves +€15,000
up €15,000 (+47.3%), from €31,682 to €46,682
- Profit (loss) carried forward +€2,008
up €2,008 (+14.1%), from €14,214 to €16,221
- Gross operating margin -€7,316
down €7,316 (-19.3%), from €37,965 to €30,649
- Taxes -€5,007
down €5,007 (-40.9%), from €12,250 to €7,243
From the 2019 result to the 2020 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.
Derived cash bridge
Derived from the 2019 and 2020 balance sheets and the 2020 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2019 | 2020 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €77,452 | €93,589 | +€16,137 | +20.8% |
| Fixed assets | 21/28 | €4,231 | €534 | -€3,698 | -87.4% |
| Tangible fixed assets | 22/27 | €4,231 | €534 | -€3,698 | -87.4% |
| Current assets | 29/58 | €73,221 | €93,055 | +€19,834 | +27.1% |
| Amounts receivable within one year | 40/41 | €3,925 | €8,882 | +€4,957 | +126% |
| Cash at bank and in hand | 54/58 | €69,296 | €84,173 | +€14,877 | +21.5% |
| Total equity and liabilities | 10/49 | €77,452 | €93,589 | +€16,137 | +20.8% |
| Equity | 10/15 | €52,096 | €69,103 | +€17,008 | +32.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €31,682 | €46,682 | +€15,000 | +47.3% |
| Profit (loss) carried forward | 14 | €14,214 | €16,221 | +€2,008 | +14.1% |
| Amounts payable | 17/49 | €25,357 | €24,485 | -€871 | -3.4% |
| Amounts payable within one year | 42/48 | €25,357 | €24,485 | -€871 | -3.4% |
| Trade debts | 44 | - | €49 | +€49 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,700 | €4,498 | -€201 | -4.3% |
| Gross operating margin | 9900 | €37,965 | €30,649 | -€7,316 | -19.3% |
| Operating profit (loss) | 9901 | €32,193 | €24,292 | -€7,900 | -24.5% |
| Recurring financial income | 75 | - | €94 | +€94 | |
| Recurring financial charges | 65 | €263 | €136 | -€127 | -48.4% |
| Profit (loss) for the period before taxes | 9903 | €31,929 | €24,251 | -€7,679 | -24.0% |
| Income taxes | 67/77 | €12,250 | €7,243 | -€5,007 | -40.9% |
| Profit (loss) for the period | 9904 | €19,680 | €17,008 | -€2,672 | -13.6% |
| Profit (loss) for the period to be appropriated | 9905 | €19,680 | €17,008 | -€2,672 | -13.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2019 and 31 December 2020. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.