WOTA: 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.
WOTA
Largest movements
- Cash -€21,908
down €21,908 (-89.2%), from €24,547 to €2,639
mainly Other debts (-€51,172) and Trade debts (-€22,144)
- Receivables within one year -€13,480
down €13,480 (-63.3%), from €21,290 to €7,810
of which Trade receivables: -€12,727
- Tangible fixed assets -€5,359
down €5,359 (-77.4%), from €6,922 to €1,564
- Other debts -€51,172
down €51,172 (-18.9%), from €270,528 to €219,355
- Profit (loss) carried forward +€36,222
up €36,222 (+10.7%), from -€340,062 to -€303,839
- Trade debts -€22,144
down €22,144 (-97.7%), from €22,674 to €530
- Short-term financial debts -€3,618
no longer reported in 2022 (was €3,618)
- Accrued charges and deferred income -€1,518
no longer reported in 2022 (was €1,518)
- Gross operating margin +€43,298
up €43,298 (+4609.7%), from €939 to €44,237
- Depreciation -€2,931
down €2,931 (-33.2%), from €8,837 to €5,905
- Financial charges +€836
up €836 (+120.1%), from €696 to €1,532
- Staff costs +€481
up €481 (+496.1%), from €97 to €578
From the 2021 result to the 2022 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 2021 and 2022 balance sheets and the 2022 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2021 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €53,261 | €12,012 | -€41,249 | -77.4% |
| Fixed assets | 21/28 | €6,922 | €1,564 | -€5,359 | -77.4% |
| Tangible fixed assets | 22/27 | €6,922 | €1,564 | -€5,359 | -77.4% |
| Land and buildings | 22 | €2,516 | €208 | -€2,308 | -91.7% |
| Plant, machinery and equipment | 23 | €2,371 | €0 | -€2,371 | -100.0% |
| Furniture and vehicles | 24 | €2,035 | €1,356 | -€680 | -33.4% |
| Current assets | 29/58 | €46,339 | €10,449 | -€35,890 | -77.5% |
| Amounts receivable within one year | 40/41 | €21,290 | €7,810 | -€13,480 | -63.3% |
| Trade receivables | 40 | €16,202 | €3,476 | -€12,727 | -78.5% |
| Other amounts receivable | 41 | €5,088 | €4,334 | -€754 | -14.8% |
| Cash at bank and in hand | 54/58 | €24,547 | €2,639 | -€21,908 | -89.2% |
| Deferred charges and accrued income | 490/1 | €502 | - | -€502 | |
| Total equity and liabilities | 10/49 | €53,261 | €12,012 | -€41,249 | -77.4% |
| Equity | 10/15 | -€248,089 | -€211,866 | +€36,222 | +14.6% |
| Contributions | 10/11 | €91,973 | €91,973 | = | 0.0% |
| Capital | 10 | €91,973 | €91,973 | = | 0.0% |
| Issued capital | 100 | €91,973 | €91,973 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€340,062 | -€303,839 | +€36,222 | +10.7% |
| Amounts payable | 17/49 | €301,350 | €223,879 | -€77,471 | -25.7% |
| Amounts payable within one year | 42/48 | €299,832 | €223,879 | -€75,953 | -25.3% |
| Current portion of amounts payable after more than one year | 42 | €2,684 | €3,993 | +€1,309 | +48.8% |
| Financial debts | 43 | €3,618 | - | -€3,618 | |
| Credit institutions | 430/8 | €3,618 | - | -€3,618 | |
| Trade debts | 44 | €22,674 | €530 | -€22,144 | -97.7% |
| Suppliers | 440/4 | €22,674 | €530 | -€22,144 | -97.7% |
| Taxes, remuneration and social security | 45 | €328 | - | -€328 | |
| Taxes | 450/3 | €328 | - | -€328 | |
| Other amounts payable | 47/48 | €270,528 | €219,355 | -€51,172 | -18.9% |
| Accrued charges and deferred income | 492/3 | €1,518 | - | -€1,518 | |
| Remuneration, social security and pensions | 62 | €97 | €578 | +€481 | +496.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,837 | €5,905 | -€2,931 | -33.2% |
| Other operating charges | 640/8 | €237 | - | -€237 | |
| Gross operating margin | 9900 | €939 | €44,237 | +€43,298 | +4609.7% |
| Operating profit (loss) | 9901 | -€8,232 | €37,754 | +€45,986 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €696 | €1,532 | +€836 | +120.1% |
| Recurring financial charges | 65 | €696 | €1,532 | +€836 | +120.1% |
| Profit (loss) for the period before taxes | 9903 | -€8,928 | €36,222 | +€45,150 | |
| Profit (loss) for the period | 9904 | -€8,928 | €36,222 | +€45,150 | |
| Profit (loss) for the period to be appropriated | 9905 | -€8,928 | €36,222 | +€45,150 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2021 and 31 December 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.