WOSA: 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.
WOSA
Largest movements
- Receivables within one year -€37,058
down €37,058 (-58.6%), from €63,294 to €26,235
of which Trade receivables: -€60,305
- Cash +€22,354
up €22,354 (+23.9%), from €93,696 to €116,050
mainly Net result for the year (+€76,065) and Receivables within one year (+€37,058)
- Current investments +€17,724
up €17,724 (+141.6%), from €12,513 to €30,237
- Reserves +€76,065
up €76,065 (+14.2%), from €536,111 to €612,176
of which Distributable reserves: +€76,065
- Trade debts -€37,597
down €37,597 (-94.6%), from €39,753 to €2,156
- Other debts -€29,449
no longer reported in 2024 (was €29,449)
- Current portion of long-term debt -€8,893
down €8,893 (-57.9%), from €15,365 to €6,473
- Gross operating margin -€37,906
down €37,906 (-24.0%), from €158,128 to €120,222
- Taxes -€10,760
down €10,760 (-25.6%), from €42,030 to €31,270
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €758,142 | €756,691 | -€1,451 | -0.2% |
| Fixed assets | 21/28 | €587,458 | €582,954 | -€4,503 | -0.8% |
| Tangible fixed assets | 22/27 | €8,568 | €4,064 | -€4,503 | -52.6% |
| Furniture and vehicles | 24 | €7,521 | €3,345 | -€4,175 | -55.5% |
| Other tangible fixed assets | 26 | €1,047 | €719 | -€328 | -31.3% |
| Financial fixed assets | 28 | €578,890 | €578,890 | = | 0.0% |
| Current assets | 29/58 | €170,684 | €173,737 | +€3,053 | +1.8% |
| Amounts receivable within one year | 40/41 | €63,294 | €26,235 | -€37,058 | -58.6% |
| Trade receivables | 40 | €60,305 | - | -€60,305 | |
| Other amounts receivable | 41 | €2,989 | €26,235 | +€23,247 | +777.8% |
| Current investments | 50/53 | €12,513 | €30,237 | +€17,724 | +141.6% |
| Cash at bank and in hand | 54/58 | €93,696 | €116,050 | +€22,354 | +23.9% |
| Deferred charges and accrued income | 490/1 | €1,182 | €1,215 | +€33 | +2.8% |
| Total equity and liabilities | 10/49 | €758,142 | €756,691 | -€1,451 | -0.2% |
| Equity | 10/15 | €640,463 | €716,528 | +€76,065 | +11.9% |
| Contributions | 10/11 | €56,200 | €56,200 | = | 0.0% |
| Reserves | 13 | €536,111 | €612,176 | +€76,065 | +14.2% |
| Non-distributable reserves | 130/1 | €6,860 | €6,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6,860 | €6,860 | = | 0.0% |
| Distributable reserves | 133 | €529,251 | €605,316 | +€76,065 | +14.4% |
| Profit (loss) carried forward | 14 | €48,152 | €48,152 | = | 0.0% |
| Amounts payable | 17/49 | €117,679 | €40,163 | -€77,516 | -65.9% |
| Amounts payable after more than one year | 17 | €6,473 | - | -€6,473 | |
| Financial debts | 170/4 | €6,473 | - | -€6,473 | |
| Amounts payable within one year | 42/48 | €111,206 | €38,286 | -€72,920 | -65.6% |
| Current portion of amounts payable after more than one year | 42 | €15,365 | €6,473 | -€8,893 | -57.9% |
| Trade debts | 44 | €39,753 | €2,156 | -€37,597 | -94.6% |
| Suppliers | 440/4 | €39,753 | €2,156 | -€37,597 | -94.6% |
| Taxes, remuneration and social security | 45 | €26,638 | €29,657 | +€3,019 | +11.3% |
| Taxes | 450/3 | €26,638 | €29,657 | +€3,019 | +11.3% |
| Other amounts payable | 47/48 | €29,449 | - | -€29,449 | |
| Accrued charges and deferred income | 492/3 | - | €1,877 | +€1,877 | |
| Non-recurring operating income | 76A | €19,000 | - | -€19,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,490 | €4,503 | +€13 | +0.3% |
| Other operating charges | 640/8 | €1,254 | €2,015 | +€762 | +60.8% |
| Gross operating margin | 9900 | €158,128 | €120,222 | -€37,906 | -24.0% |
| Operating profit (loss) | 9901 | €152,384 | €113,704 | -€38,680 | -25.4% |
| Financial income | 75/76B | €313 | €348 | +€34 | +10.9% |
| Recurring financial income | 75 | €313 | €348 | +€34 | +10.9% |
| Financial charges | 65/66B | €6,743 | €6,716 | -€27 | -0.4% |
| Recurring financial charges | 65 | €6,743 | €6,716 | -€27 | -0.4% |
| Profit (loss) for the period before taxes | 9903 | €145,954 | €107,336 | -€38,619 | -26.5% |
| Income taxes | 67/77 | €42,030 | €31,270 | -€10,760 | -25.6% |
| Profit (loss) for the period | 9904 | €103,925 | €76,065 | -€27,859 | -26.8% |
| Profit (loss) for the period to be appropriated | 9905 | €103,925 | €76,065 | -€27,859 | -26.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.