WOSH: 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.
WOSH
Largest movements
- Receivables within one year -€25,423
down €25,423 (-34.9%), from €72,801 to €47,377
of which Trade receivables: -€24,837
- Intangible fixed assets +€24,341
up €24,341 (+15.8%), from €154,100 to €178,442
- Cash +€9,767
up €9,767 (+27.9%), from €35,053 to €44,820
mainly Contributions, distributions and other (+€175,000) and Depreciation (+€28,266)
- Tangible fixed assets -€9,051
down €9,051 (-30.9%), from €29,328 to €20,277
of which Leasing and similar rights: -€6,061
- Debts after one year -€186,337
down €186,337 (-95.2%), from €195,642 to €9,304
- Contributions +€175,000
up €175,000 (+68.3%), from €256,200 to €431,200
- Other debts +€14,975
up €14,975 (+209.1%), from €7,162 to €22,137
- Tax, wage and social debts -€9,647
down €9,647 (-58.6%), from €16,459 to €6,812
of which Taxes: -€9,647
- Profit (loss) carried forward +€5,855
up €5,855 (+2.7%), from -€216,602 to -€210,748
- Gross operating margin -€43,356
down €43,356 (-46.6%), from €93,051 to €49,695
- Depreciation +€4,735
up €4,735 (+20.1%), from €23,531 to €28,266
- Other operating charges -€4,556
down €4,556 (-85.7%), from €5,316 to €760
- Write-downs +€1,440
new in 2025: €1,440
- Financial charges +€1,262
up €1,262 (+10.2%), from €12,317 to €13,579
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 | €291,435 | €291,160 | -€276 | -0.1% |
| Fixed assets | 21/28 | €183,428 | €198,719 | +€15,291 | +8.3% |
| Intangible fixed assets | 21 | €154,100 | €178,442 | +€24,341 | +15.8% |
| Tangible fixed assets | 22/27 | €29,328 | €20,277 | -€9,051 | -30.9% |
| Furniture and vehicles | 24 | €7,805 | €4,815 | -€2,990 | -38.3% |
| Leasing and similar rights | 25 | €21,523 | €15,462 | -€6,061 | -28.2% |
| Current assets | 29/58 | €108,007 | €92,441 | -€15,567 | -14.4% |
| Amounts receivable within one year | 40/41 | €72,801 | €47,377 | -€25,423 | -34.9% |
| Trade receivables | 40 | €71,899 | €47,062 | -€24,837 | -34.5% |
| Other amounts receivable | 41 | €902 | €315 | -€586 | -65.0% |
| Cash at bank and in hand | 54/58 | €35,053 | €44,820 | +€9,767 | +27.9% |
| Deferred charges and accrued income | 490/1 | €154 | €243 | +€89 | +58.0% |
| Total equity and liabilities | 10/49 | €291,435 | €291,160 | -€276 | -0.1% |
| Equity | 10/15 | €39,598 | €220,452 | +€180,855 | +456.7% |
| Contributions | 10/11 | €256,200 | €431,200 | +€175,000 | +68.3% |
| Profit (loss) carried forward | 14 | -€216,602 | -€210,748 | +€5,855 | +2.7% |
| Amounts payable | 17/49 | €251,838 | €70,707 | -€181,131 | -71.9% |
| Amounts payable after more than one year | 17 | €195,642 | €9,304 | -€186,337 | -95.2% |
| Financial debts | 170/4 | €195,642 | €9,304 | -€186,337 | -95.2% |
| Amounts payable within one year | 42/48 | €45,696 | €51,737 | +€6,041 | +13.2% |
| Current portion of amounts payable after more than one year | 42 | €4,465 | €4,775 | +€309 | +6.9% |
| Trade debts | 44 | €17,609 | €16,400 | -€1,209 | -6.9% |
| Suppliers | 440/4 | €17,609 | €16,400 | -€1,209 | -6.9% |
| Advances received on contracts in progress | 46 | - | €1,613 | +€1,613 | |
| Taxes, remuneration and social security | 45 | €16,459 | €6,812 | -€9,647 | -58.6% |
| Taxes | 450/3 | €16,459 | €6,812 | -€9,647 | -58.6% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €7,162 | €22,137 | +€14,975 | +209.1% |
| Accrued charges and deferred income | 492/3 | €10,500 | €9,666 | -€834 | -7.9% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,531 | €28,266 | +€4,735 | +20.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €1,440 | +€1,440 | |
| Other operating charges | 640/8 | €5,316 | €760 | -€4,556 | -85.7% |
| Gross operating margin | 9900 | €93,051 | €49,695 | -€43,356 | -46.6% |
| Operating profit (loss) | 9901 | €64,204 | €19,228 | -€44,977 | -70.1% |
| Financial income | 75/76B | €825 | €206 | -€620 | -75.1% |
| Recurring financial income | 75 | €825 | €206 | -€620 | -75.1% |
| Financial charges | 65/66B | €12,317 | €13,579 | +€1,262 | +10.2% |
| Recurring financial charges | 65 | €12,317 | €13,579 | +€1,262 | +10.2% |
| Profit (loss) for the period before taxes | 9903 | €52,713 | €5,855 | -€46,858 | -88.9% |
| Profit (loss) for the period | 9904 | €52,713 | €5,855 | -€46,858 | -88.9% |
| Profit (loss) for the period to be appropriated | 9905 | €52,713 | €5,855 | -€46,858 | -88.9% |
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 7 October 2026 via checked.be.