WoVaDa: 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.
WoVaDa
Largest movements
- Tangible fixed assets -€10,247
down €10,247 (-83.5%), from €12,269 to €2,022
of which Furniture and vehicles: -€9,387
- Cash +€868
up €868 (+9.1%), from €9,580 to €10,449
mainly Net result for the year (+€13,292) and Depreciation (+€10,247)
- Receivables within one year +€306
up €306 (+4.0%), from €7,546 to €7,851
of which Trade receivables: +€308
- Current portion of long-term debt -€5,931
down €5,931 (-74.9%), from €7,923 to €1,992
- Other debts -€3,335
down €3,335 (-95.0%), from €3,511 to €176
- Debts after one year -€1,992
no longer reported in 2025 (was €1,992)
- Profit (loss) carried forward +€1,627
up €1,627 (+13.9%), from €11,665 to €13,292
- Tax, wage and social debts +€474
up €474 (+53.3%), from €889 to €1,363
- Gross operating margin +€1,975
up €1,975 (+7.3%), from €27,000 to €28,975
- Taxes +€453
up €453 (+11.9%), from €3,816 to €4,269
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 | €29,626 | €20,550 | -€9,077 | -30.6% |
| Fixed assets | 21/28 | €12,269 | €2,022 | -€10,247 | -83.5% |
| Tangible fixed assets | 22/27 | €12,269 | €2,022 | -€10,247 | -83.5% |
| Plant, machinery and equipment | 23 | €1,365 | €504 | -€860 | -63.0% |
| Furniture and vehicles | 24 | €10,904 | €1,517 | -€9,387 | -86.1% |
| Current assets | 29/58 | €17,357 | €18,528 | +€1,170 | +6.7% |
| Amounts receivable within one year | 40/41 | €7,546 | €7,851 | +€306 | +4.0% |
| Trade receivables | 40 | €7,543 | €7,851 | +€308 | +4.1% |
| Other amounts receivable | 41 | €3 | - | -€3 | |
| Cash at bank and in hand | 54/58 | €9,580 | €10,449 | +€868 | +9.1% |
| Deferred charges and accrued income | 490/1 | €231 | €228 | -€3 | -1.5% |
| Total equity and liabilities | 10/49 | €29,626 | €20,550 | -€9,077 | -30.6% |
| Equity | 10/15 | €14,165 | €15,792 | +€1,627 | +11.5% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,665 | €13,292 | +€1,627 | +13.9% |
| Amounts payable | 17/49 | €15,461 | €4,758 | -€10,703 | -69.2% |
| Amounts payable after more than one year | 17 | €1,992 | - | -€1,992 | |
| Financial debts | 170/4 | €1,992 | - | -€1,992 | |
| Amounts payable within one year | 42/48 | €12,403 | €3,691 | -€8,713 | -70.2% |
| Current portion of amounts payable after more than one year | 42 | €7,923 | €1,992 | -€5,931 | -74.9% |
| Trade debts | 44 | €80 | €160 | +€80 | +100% |
| Suppliers | 440/4 | €80 | €160 | +€80 | +100% |
| Taxes, remuneration and social security | 45 | €889 | €1,363 | +€474 | +53.3% |
| Taxes | 450/3 | €889 | €1,363 | +€474 | +53.3% |
| Other amounts payable | 47/48 | €3,511 | €176 | -€3,335 | -95.0% |
| Accrued charges and deferred income | 492/3 | €1,066 | €1,067 | +€1 | +0.1% |
| Non-recurring operating income | 76A | - | €5,516 | +€5,516 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,260 | €10,247 | -€13 | -0.1% |
| Other operating charges | 640/8 | €1,080 | €1,056 | -€24 | -2.2% |
| Gross operating margin | 9900 | €27,000 | €28,975 | +€1,975 | +7.3% |
| Operating profit (loss) | 9901 | €15,660 | €17,672 | +€2,012 | +12.8% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €180 | €111 | -€69 | -38.3% |
| Recurring financial charges | 65 | €180 | €111 | -€69 | -38.3% |
| Profit (loss) for the period before taxes | 9903 | €15,481 | €17,561 | +€2,080 | +13.4% |
| Income taxes | 67/77 | €3,816 | €4,269 | +€453 | +11.9% |
| Profit (loss) for the period | 9904 | €11,665 | €13,292 | +€1,627 | +13.9% |
| Profit (loss) for the period to be appropriated | 9905 | €11,665 | €13,292 | +€1,627 | +13.9% |
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.