WOTAN: 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.
WOTAN
Largest movements
- Tangible fixed assets -€12,336
down €12,336 (-2.7%), from €463,880 to €451,544
- Debts after one year -€15,170
down €15,170 (-20.4%), from €74,419 to €59,249
- Other debts +€9,007
up €9,007 (+3.7%), from €243,130 to €252,137
- Reserves -€5,331
down €5,331 (-4.9%), from €109,115 to €103,783
of which Tax-exempt reserves: -€5,331
- Gross operating margin -€4,116
down €4,116 (-26.6%), from €15,449 to €11,333
- Depreciation -€3,084
down €3,084 (-20.0%), from €15,420 to €12,336
- Financial charges -€986
down €986 (-35.2%), from €2,799 to €1,813
- Other operating charges -€308
down €308 (-11.4%), from €2,701 to €2,393
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 | €464,818 | €453,186 | -€11,632 | -2.5% |
| Fixed assets | 21/28 | €463,880 | €451,544 | -€12,336 | -2.7% |
| Tangible fixed assets | 22/27 | €463,880 | €451,544 | -€12,336 | -2.7% |
| Land and buildings | 22 | €463,880 | €451,544 | -€12,336 | -2.7% |
| Current assets | 29/58 | €938 | €1,642 | +€705 | +75.1% |
| Cash at bank and in hand | 54/58 | €590 | €1,642 | +€1,052 | +178.3% |
| Deferred charges and accrued income | 490/1 | €348 | - | -€348 | |
| Total equity and liabilities | 10/49 | €464,818 | €453,186 | -€11,632 | -2.5% |
| Equity | 10/15 | €76,463 | €73,998 | -€2,465 | -3.2% |
| Contributions | 10/11 | €30,987 | €30,987 | = | 0.0% |
| Reserves | 13 | €109,115 | €103,783 | -€5,331 | -4.9% |
| Non-distributable reserves | 130/1 | €718 | €718 | = | 0.0% |
| Reserves not available under the articles | 1311 | €718 | €718 | = | 0.0% |
| Tax-exempt reserves | 132 | €107,118 | €101,786 | -€5,331 | -5.0% |
| Distributable reserves | 133 | €1,279 | €1,279 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€63,638 | -€60,772 | +€2,866 | +4.5% |
| Provisions and deferred taxes | 16 | €55,157 | €52,412 | -€2,745 | -5.0% |
| Deferred taxes | 168 | €55,157 | €52,412 | -€2,745 | -5.0% |
| Amounts payable | 17/49 | €333,198 | €326,776 | -€6,421 | -1.9% |
| Amounts payable after more than one year | 17 | €74,419 | €59,249 | -€15,170 | -20.4% |
| Financial debts | 170/4 | €74,419 | €59,249 | -€15,170 | -20.4% |
| Amounts payable within one year | 42/48 | €258,779 | €267,527 | +€8,749 | +3.4% |
| Current portion of amounts payable after more than one year | 42 | €15,262 | €15,170 | -€91 | -0.6% |
| Trade debts | 44 | €387 | €220 | -€167 | -43.2% |
| Suppliers | 440/4 | €387 | €220 | -€167 | -43.2% |
| Other amounts payable | 47/48 | €243,130 | €252,137 | +€9,007 | +3.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,420 | €12,336 | -€3,084 | -20.0% |
| Other operating charges | 640/8 | €2,701 | €2,393 | -€308 | -11.4% |
| Gross operating margin | 9900 | €15,449 | €11,333 | -€4,116 | -26.6% |
| Operating profit (loss) | 9901 | -€2,673 | -€3,397 | -€724 | -27.1% |
| Financial charges | 65/66B | €2,799 | €1,813 | -€986 | -35.2% |
| Recurring financial charges | 65 | €2,799 | €1,813 | -€986 | -35.2% |
| Profit (loss) for the period before taxes | 9903 | -€5,472 | -€5,210 | +€262 | +4.8% |
| Transfer from deferred taxes | 780 | €3,431 | €2,745 | -€686 | -20.0% |
| Profit (loss) for the period | 9904 | -€2,041 | -€2,465 | -€425 | -20.8% |
| Transfer from tax-exempt reserves | 789 | €6,664 | €5,331 | -€1,333 | -20.0% |
| Profit (loss) for the period to be appropriated | 9905 | €4,623 | €2,866 | -€1,757 | -38.0% |
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.