Wotech: 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.
Wotech
Largest movements
- Cash +€107,493
up €107,493 (+231%), from €46,621 to €154,114
mainly Net result for the year (+€92,249) and Tax, wage and social debts (+€21,560)
- Receivables within one year -€19,247
down €19,247 (-48.9%), from €39,322 to €20,075
- Tangible fixed assets +€4,793
new in 2025: €4,793
- Reserves +€92,249
up €92,249 (+310%), from €29,772 to €122,021
- Tax, wage and social debts +€21,560
up €21,560 (+97.6%), from €22,090 to €43,650
- Other debts -€20,000
down €20,000 (-83.0%), from €24,105 to €4,105
- Gross operating margin +€77,819
up €77,819 (+188%), from €41,419 to €119,238
- Taxes +€14,063
up €14,063 (+122%), from €11,558 to €25,621
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.
Derived cash bridge
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 | €86,492 | €179,879 | +€93,387 | +108% |
| Fixed assets | 21/28 | - | €4,793 | +€4,793 | |
| Tangible fixed assets | 22/27 | - | €4,793 | +€4,793 | |
| Plant, machinery and equipment | 23 | - | €4,793 | +€4,793 | |
| Current assets | 29/58 | €86,492 | €175,086 | +€88,594 | +102% |
| Amounts receivable within one year | 40/41 | €39,322 | €20,075 | -€19,247 | -48.9% |
| Trade receivables | 40 | €39,322 | €20,075 | -€19,247 | -48.9% |
| Cash at bank and in hand | 54/58 | €46,621 | €154,114 | +€107,493 | +231% |
| Deferred charges and accrued income | 490/1 | €549 | €897 | +€348 | +63.4% |
| Total equity and liabilities | 10/49 | €86,492 | €179,879 | +€93,387 | +108% |
| Equity | 10/15 | €39,772 | €132,021 | +€92,249 | +232% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €29,772 | €122,021 | +€92,249 | +310% |
| Distributable reserves | 133 | €29,772 | €122,021 | +€92,249 | +310% |
| Amounts payable | 17/49 | €46,720 | €47,858 | +€1,138 | +2.4% |
| Amounts payable within one year | 42/48 | €46,720 | €47,858 | +€1,138 | +2.4% |
| Trade debts | 44 | €525 | €103 | -€422 | -80.4% |
| Suppliers | 440/4 | €525 | €103 | -€422 | -80.4% |
| Taxes, remuneration and social security | 45 | €22,090 | €43,650 | +€21,560 | +97.6% |
| Taxes | 450/3 | €22,090 | €43,650 | +€21,560 | +97.6% |
| Other amounts payable | 47/48 | €24,105 | €4,105 | -€20,000 | -83.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €795 | +€795 | |
| Other operating charges | 640/8 | - | €357 | +€357 | |
| Gross operating margin | 9900 | €41,419 | €119,238 | +€77,819 | +188% |
| Operating profit (loss) | 9901 | €41,419 | €118,085 | +€76,666 | +185% |
| Financial charges | 65/66B | €89 | €216 | +€127 | +142% |
| Recurring financial charges | 65 | €89 | €216 | +€127 | +142% |
| Profit (loss) for the period before taxes | 9903 | €41,330 | €117,869 | +€76,540 | +185% |
| Income taxes | 67/77 | €11,558 | €25,621 | +€14,063 | +122% |
| Profit (loss) for the period | 9904 | €29,772 | €92,249 | +€62,477 | +210% |
| Profit (loss) for the period to be appropriated | 9905 | €29,772 | €92,249 | +€62,477 | +210% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.