WOVA: 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.
WOVA
Largest movements
- Tangible fixed assets +€9,173
up €9,173 (+2.8%), from €328,904 to €338,077
- Receivables within one year -€4,776
down €4,776 (-21.8%), from €21,933 to €17,158
of which Other amounts receivable: -€6,826
- Other debts +€10,017
new in 2025: €10,017
- Reserves -€8,003
down €8,003 (-8.2%), from €97,070 to €89,067
of which Distributable reserves: -€8,003
- Gross operating margin -€9,601
down €9,601 (-46.1%), from €20,832 to €11,231
- Taxes -€4,037
down €4,037 (-91.4%), from €4,418 to €381
- Other operating charges +€1,169
up €1,169 (+54.7%), from €2,138 to €3,308
- Financial charges +€544
up €544 (+400.6%), from €136 to €679
- Depreciation +€495
up €495 (+8.0%), from €6,222 to €6,717
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 | €354,012 | €356,704 | +€2,693 | +0.8% |
| Fixed assets | 21/28 | €328,904 | €338,077 | +€9,173 | +2.8% |
| Tangible fixed assets | 22/27 | €328,904 | €338,077 | +€9,173 | +2.8% |
| Land and buildings | 22 | €328,904 | €338,077 | +€9,173 | +2.8% |
| Current assets | 29/58 | €25,108 | €18,627 | -€6,480 | -25.8% |
| Amounts receivable within one year | 40/41 | €21,933 | €17,158 | -€4,776 | -21.8% |
| Trade receivables | 40 | €15,108 | €17,158 | +€2,050 | +13.6% |
| Other amounts receivable | 41 | €6,826 | €0 | -€6,826 | -100.0% |
| Cash at bank and in hand | 54/58 | €90 | €1,470 | +€1,380 | +1542.2% |
| Deferred charges and accrued income | 490/1 | €3,085 | €0 | -€3,085 | -100.0% |
| Total equity and liabilities | 10/49 | €354,012 | €356,704 | +€2,693 | +0.8% |
| Equity | 10/15 | €341,855 | €333,998 | -€7,857 | -2.3% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Revaluation surpluses | 12 | €203,104 | €203,104 | = | 0.0% |
| Reserves | 13 | €97,070 | €89,067 | -€8,003 | -8.2% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €95,070 | €87,067 | -€8,003 | -8.4% |
| Profit (loss) carried forward | 14 | €21,681 | €21,827 | +€146 | +0.7% |
| Amounts payable | 17/49 | €12,157 | €22,706 | +€10,549 | +86.8% |
| Amounts payable after more than one year | 17 | €2,231 | €2,231 | = | 0.0% |
| Other amounts payable | 178/9 | €2,231 | €2,231 | = | 0.0% |
| Amounts payable within one year | 42/48 | €9,926 | €18,975 | +€9,049 | +91.2% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €2,447 | €1,308 | -€1,139 | -46.5% |
| Suppliers | 440/4 | €2,447 | €1,308 | -€1,139 | -46.5% |
| Taxes, remuneration and social security | 45 | €7,478 | €7,649 | +€171 | +2.3% |
| Taxes | 450/3 | €7,478 | €7,649 | +€171 | +2.3% |
| Other amounts payable | 47/48 | - | €10,017 | +€10,017 | |
| Accrued charges and deferred income | 492/3 | - | €1,500 | +€1,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,222 | €6,717 | +€495 | +8.0% |
| Other operating charges | 640/8 | €2,138 | €3,308 | +€1,169 | +54.7% |
| Gross operating margin | 9900 | €20,832 | €11,231 | -€9,601 | -46.1% |
| Operating profit (loss) | 9901 | €12,472 | €1,206 | -€11,266 | -90.3% |
| Financial income | 75/76B | €50 | €0 | -€50 | -100.0% |
| Recurring financial income | 75 | €50 | €0 | -€50 | -100.0% |
| Financial charges | 65/66B | €136 | €679 | +€544 | +400.6% |
| Recurring financial charges | 65 | €136 | €679 | +€544 | +400.6% |
| Profit (loss) for the period before taxes | 9903 | €12,387 | €527 | -€11,860 | -95.7% |
| Income taxes | 67/77 | €4,418 | €381 | -€4,037 | -91.4% |
| Profit (loss) for the period | 9904 | €7,969 | €146 | -€7,823 | -98.2% |
| Profit (loss) for the period to be appropriated | 9905 | €7,969 | €146 | -€7,823 | -98.2% |
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 5 October 2026 via checked.be.