WOVO: 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.
WOVO
Largest movements
- Cash +€64,121
up €64,121 (+80.5%), from €79,646 to €143,767
mainly Net result for the year (+€53,808) and Tax, wage and social debts (+€18,006)
- Reserves +€53,500
up €53,500 (+167%), from €32,000 to €85,500
- Tax, wage and social debts +€18,006
up €18,006 (+134%), from €13,403 to €31,409
- Other debts -€9,627
down €9,627 (-87.4%), from €11,020 to €1,393
- Trade debts +€1,874
up €1,874 (+73.8%), from €2,538 to €4,412
- Gross operating margin +€38,620
up €38,620 (+105%), from €36,718 to €75,338
- Taxes +€10,590
up €10,590 (+102%), from €10,347 to €20,937
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 | €79,646 | €143,767 | +€64,121 | +80.5% |
| Current assets | 29/58 | €79,646 | €143,767 | +€64,121 | +80.5% |
| Cash at bank and in hand | 54/58 | €79,646 | €143,767 | +€64,121 | +80.5% |
| Total equity and liabilities | 10/49 | €79,646 | €143,767 | +€64,121 | +80.5% |
| Equity | 10/15 | €52,585 | €106,393 | +€53,808 | +102% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €32,000 | €85,500 | +€53,500 | +167% |
| Distributable reserves | 133 | €32,000 | €85,500 | +€53,500 | +167% |
| Profit (loss) carried forward | 14 | €585 | €893 | +€308 | +52.6% |
| Amounts payable | 17/49 | €27,061 | €37,374 | +€10,313 | +38.1% |
| Amounts payable within one year | 42/48 | €26,961 | €37,214 | +€10,253 | +38.0% |
| Trade debts | 44 | €2,538 | €4,412 | +€1,874 | +73.8% |
| Suppliers | 440/4 | €2,538 | €4,412 | +€1,874 | +73.8% |
| Taxes, remuneration and social security | 45 | €13,403 | €31,409 | +€18,006 | +134% |
| Taxes | 450/3 | €13,403 | €31,409 | +€18,006 | +134% |
| Other amounts payable | 47/48 | €11,020 | €1,393 | -€9,627 | -87.4% |
| Accrued charges and deferred income | 492/3 | €100 | €160 | +€60 | +60.0% |
| Other operating charges | 640/8 | €240 | €544 | +€304 | +127% |
| Gross operating margin | 9900 | €36,718 | €75,338 | +€38,620 | +105% |
| Operating profit (loss) | 9901 | €36,478 | €74,794 | +€38,316 | +105% |
| Financial income | 75/76B | - | €41 | +€41 | |
| Recurring financial income | 75 | - | €41 | +€41 | |
| Financial charges | 65/66B | €92 | €90 | -€2 | -2.2% |
| Recurring financial charges | 65 | €92 | €90 | -€2 | -2.2% |
| Profit (loss) for the period before taxes | 9903 | €36,386 | €74,745 | +€38,359 | +105% |
| Income taxes | 67/77 | €10,347 | €20,937 | +€10,590 | +102% |
| Profit (loss) for the period | 9904 | €26,039 | €53,808 | +€27,769 | +107% |
| Profit (loss) for the period to be appropriated | 9905 | €26,039 | €53,808 | +€27,769 | +107% |
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 15 October 2026 via checked.be.