WOW Factor: 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.
WOW Factor
Largest movements
- Receivables within one year +€118,920
up €118,920 (+321%), from €37,006 to €155,926
of which Trade receivables: +€116,662
- Deferred charges and accrued income -€48,233
down €48,233 (-25.5%), from €189,422 to €141,188
- Cash +€40,010
up €40,010 (+42.4%), from €94,265 to €134,275
mainly Accrued charges and deferred income (+€83,807) and Deferred charges and accrued income (+€48,233)
- Accrued charges and deferred income +€83,807
up €83,807 (+34.3%), from €244,316 to €328,123
- Profit (loss) carried forward +€47,164
up €47,164, from -€1,380 to €45,783
- Other debts -€16,072
down €16,072 (-79.2%), from €20,281 to €4,209
- Trade debts -€6,563
down €6,563 (-20.4%), from €32,131 to €25,568
- Gross operating margin +€53,877
up €53,877 (+440%), from €12,237 to €66,114
- Taxes +€12,122
up €12,122 (+1,121%), from €1,081 to €13,203
- Depreciation +€1,149
up €1,149 (+64.4%), from €1,783 to €2,931
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 | €325,716 | €437,043 | +€111,328 | +34.2% |
| Fixed assets | 21/28 | €5,023 | €5,654 | +€631 | +12.6% |
| Intangible fixed assets | 21 | €2,949 | €1,424 | -€1,525 | -51.7% |
| Tangible fixed assets | 22/27 | €2,074 | €4,230 | +€2,156 | +104% |
| Furniture and vehicles | 24 | €2,074 | €4,230 | +€2,156 | +104% |
| Current assets | 29/58 | €320,693 | €431,389 | +€110,696 | +34.5% |
| Amounts receivable within one year | 40/41 | €37,006 | €155,926 | +€118,920 | +321% |
| Trade receivables | 40 | €35,592 | €152,254 | +€116,662 | +328% |
| Other amounts receivable | 41 | €1,414 | €3,672 | +€2,257 | +160% |
| Cash at bank and in hand | 54/58 | €94,265 | €134,275 | +€40,010 | +42.4% |
| Deferred charges and accrued income | 490/1 | €189,422 | €141,188 | -€48,233 | -25.5% |
| Total equity and liabilities | 10/49 | €325,716 | €437,043 | +€111,328 | +34.2% |
| Equity | 10/15 | €25,620 | €72,783 | +€47,164 | +184% |
| Contributions | 10/11 | €27,000 | €27,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,380 | €45,783 | +€47,164 | |
| Amounts payable | 17/49 | €300,096 | €364,260 | +€64,164 | +21.4% |
| Amounts payable within one year | 42/48 | €55,780 | €36,137 | -€19,643 | -35.2% |
| Trade debts | 44 | €32,131 | €25,568 | -€6,563 | -20.4% |
| Suppliers | 440/4 | €32,131 | €25,568 | -€6,563 | -20.4% |
| Taxes, remuneration and social security | 45 | €3,368 | €6,360 | +€2,992 | +88.8% |
| Taxes | 450/3 | €3,368 | €6,360 | +€2,992 | +88.8% |
| Other amounts payable | 47/48 | €20,281 | €4,209 | -€16,072 | -79.2% |
| Accrued charges and deferred income | 492/3 | €244,316 | €328,123 | +€83,807 | +34.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,783 | €2,931 | +€1,149 | +64.4% |
| Other operating charges | 640/8 | €1,320 | €1,105 | -€215 | -16.3% |
| Gross operating margin | 9900 | €12,237 | €66,114 | +€53,877 | +440% |
| Operating profit (loss) | 9901 | €9,135 | €62,077 | +€52,943 | +580% |
| Financial income | 75/76B | €87 | €322 | +€235 | +269% |
| Recurring financial income | 75 | €87 | €322 | +€235 | +269% |
| Financial charges | 65/66B | €1,601 | €2,033 | +€432 | +27.0% |
| Recurring financial charges | 65 | €1,601 | €2,033 | +€432 | +27.0% |
| Profit (loss) for the period before taxes | 9903 | €7,621 | €60,367 | +€52,746 | +692% |
| Income taxes | 67/77 | €1,081 | €13,203 | +€12,122 | +1,121% |
| Profit (loss) for the period | 9904 | €6,540 | €47,164 | +€40,624 | +621% |
| Profit (loss) for the period to be appropriated | 9905 | €6,540 | €47,164 | +€40,624 | +621% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.