WOUAZIF: 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.
WOUAZIF
Largest movements
- Cash +€22,086
up €22,086 (+534%), from €4,134 to €26,220
mainly Net result for the year (+€51,036) and Advances received (+€15,936)
- Receivables within one year +€16,802
up €16,802 (+35.8%), from €46,887 to €63,689
of which Trade receivables: +€8,596
- Tangible fixed assets -€10,213
down €10,213 (-23.8%), from €42,913 to €32,699
of which Other tangible fixed assets: -€7,539
- Profit (loss) carried forward +€17,036
up €17,036 (+132%), from €12,921 to €29,956
- Advances received +€15,936
new in 2025: €15,936
- Tax, wage and social debts +€3,851
up €3,851 (+55.1%), from €6,989 to €10,840
of which Taxes: +€3,531
- Debts after one year -€2,705
down €2,705 (-32.9%), from €8,224 to €5,519
- Current portion of long-term debt -€2,263
down €2,263 (-45.6%), from €4,968 to €2,705
- Gross operating margin +€38,551
up €38,551 (+103%), from €37,387 to €75,938
- Taxes +€4,009
up €4,009 (+48.6%), from €8,256 to €12,265
- Financial charges -€2,862
down €2,862 (-78.5%), from €3,648 to €786
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 | €144,064 | €173,842 | +€29,778 | +20.7% |
| Fixed assets | 21/28 | €43,713 | €33,499 | -€10,213 | -23.4% |
| Tangible fixed assets | 22/27 | €42,913 | €32,699 | -€10,213 | -23.8% |
| Furniture and vehicles | 24 | €8,179 | €5,505 | -€2,674 | -32.7% |
| Other tangible fixed assets | 26 | €34,733 | €27,194 | -€7,539 | -21.7% |
| Financial fixed assets | 28 | €800 | €800 | = | 0.0% |
| Current assets | 29/58 | €100,352 | €140,343 | +€39,991 | +39.9% |
| Amounts receivable after more than one year | 29 | €47,121 | €48,252 | +€1,131 | +2.4% |
| Trade receivables | 290 | €47,121 | €48,252 | +€1,131 | +2.4% |
| Amounts receivable within one year | 40/41 | €46,887 | €63,689 | +€16,802 | +35.8% |
| Trade receivables | 40 | €21,471 | €30,068 | +€8,596 | +40.0% |
| Other amounts receivable | 41 | €25,416 | €33,622 | +€8,206 | +32.3% |
| Cash at bank and in hand | 54/58 | €4,134 | €26,220 | +€22,086 | +534% |
| Deferred charges and accrued income | 490/1 | €2,209 | €2,180 | -€29 | -1.3% |
| Total equity and liabilities | 10/49 | €144,064 | €173,842 | +€29,778 | +20.7% |
| Equity | 10/15 | €117,215 | €134,803 | +€17,588 | +15.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €85,695 | €86,247 | +€552 | +0.6% |
| Distributable reserves | 133 | €85,695 | €86,247 | +€552 | +0.6% |
| Profit (loss) carried forward | 14 | €12,921 | €29,956 | +€17,036 | +132% |
| Amounts payable | 17/49 | €26,849 | €39,039 | +€12,190 | +45.4% |
| Amounts payable after more than one year | 17 | €8,224 | €5,519 | -€2,705 | -32.9% |
| Financial debts | 170/4 | €8,224 | €5,519 | -€2,705 | -32.9% |
| Amounts payable within one year | 42/48 | €18,625 | €33,520 | +€14,895 | +80.0% |
| Current portion of amounts payable after more than one year | 42 | €4,968 | €2,705 | -€2,263 | -45.6% |
| Financial debts | 43 | €2,064 | €21 | -€2,043 | -99.0% |
| Credit institutions | 430/8 | €2,064 | €21 | -€2,043 | -99.0% |
| Trade debts | 44 | €4,574 | €4,017 | -€556 | -12.2% |
| Suppliers | 440/4 | €4,574 | €4,017 | -€556 | -12.2% |
| Advances received on contracts in progress | 46 | - | €15,936 | +€15,936 | |
| Taxes, remuneration and social security | 45 | €6,989 | €10,840 | +€3,851 | +55.1% |
| Taxes | 450/3 | €6,989 | €10,520 | +€3,531 | +50.5% |
| Remuneration and social security | 454/9 | - | €320 | +€320 | |
| Other amounts payable | 47/48 | €30 | €1 | -€29 | -96.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,272 | €11,169 | -€103 | -0.9% |
| Other operating charges | 640/8 | €3,583 | €3,235 | -€349 | -9.7% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €37,387 | €75,938 | +€38,551 | +103% |
| Operating profit (loss) | 9901 | €22,531 | €61,534 | +€39,003 | +173% |
| Financial income | 75/76B | €2,307 | €2,552 | +€246 | +10.7% |
| Recurring financial income | 75 | €2,307 | €2,552 | +€246 | +10.7% |
| Financial charges | 65/66B | €3,648 | €786 | -€2,862 | -78.5% |
| Recurring financial charges | 65 | €3,648 | €786 | -€2,862 | -78.5% |
| Profit (loss) for the period before taxes | 9903 | €21,190 | €63,300 | +€42,111 | +199% |
| Income taxes | 67/77 | €8,256 | €12,265 | +€4,009 | +48.6% |
| Profit (loss) for the period | 9904 | €12,934 | €51,036 | +€38,102 | +295% |
| Profit (loss) for the period to be appropriated | 9905 | €12,934 | €51,036 | +€38,102 | +295% |
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 18 October 2026 via checked.be.