WOW MANAGEMENT: 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 MANAGEMENT
Largest movements
- Receivables within one year +€39,028
up €39,028 (+54.0%), from €72,286 to €111,313
of which Trade receivables: +€38,650
- Cash +€27,928
up €27,928 (+73.2%), from €38,155 to €66,083
mainly Trade debts (+€40,716) and Net result for the year (+€16,838)
- Financial fixed assets -€4,780
no longer reported in 2025 (was €4,780)
- Tangible fixed assets +€3,531
up €3,531 (+116%), from €3,042 to €6,573
- Deferred charges and accrued income +€2,877
up €2,877 (+108%), from €2,655 to €5,532
- Trade debts +€40,716
up €40,716 (+641%), from €6,350 to €47,066
- Profit (loss) carried forward +€16,838
up €16,838 (+38.7%), from -€43,525 to -€26,687
- Advances received +€5,668
up €5,668 (+63.1%), from €8,982 to €14,650
- Tax, wage and social debts +€3,471
up €3,471 (+57.8%), from €6,003 to €9,474
- Gross operating margin +€18,228
up €18,228 (+180%), from €10,146 to €28,374
- Taxes +€4,412
up €4,412 (+163%), from €2,707 to €7,119
- Depreciation -€3,586
down €3,586 (-63.9%), from €5,613 to €2,028
- Financial charges +€1,009
up €1,009 (+107%), from €938 to €1,947
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 | €122,815 | €190,351 | +€67,536 | +55.0% |
| Fixed assets | 21/28 | €9,719 | €7,423 | -€2,296 | -23.6% |
| Intangible fixed assets | 21 | €1,897 | €850 | -€1,047 | -55.2% |
| Tangible fixed assets | 22/27 | €3,042 | €6,573 | +€3,531 | +116% |
| Furniture and vehicles | 24 | €3,042 | €6,573 | +€3,531 | +116% |
| Financial fixed assets | 28 | €4,780 | - | -€4,780 | |
| Current assets | 29/58 | €113,095 | €182,928 | +€69,833 | +61.7% |
| Amounts receivable within one year | 40/41 | €72,286 | €111,313 | +€39,028 | +54.0% |
| Trade receivables | 40 | €70,992 | €109,641 | +€38,650 | +54.4% |
| Other amounts receivable | 41 | €1,294 | €1,672 | +€378 | +29.2% |
| Cash at bank and in hand | 54/58 | €38,155 | €66,083 | +€27,928 | +73.2% |
| Deferred charges and accrued income | 490/1 | €2,655 | €5,532 | +€2,877 | +108% |
| Total equity and liabilities | 10/49 | €122,815 | €190,351 | +€67,536 | +55.0% |
| Equity | 10/15 | €67,035 | €83,873 | +€16,838 | +25.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €104,360 | €104,360 | = | 0.0% |
| Distributable reserves | 133 | €104,360 | €104,360 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€43,525 | -€26,687 | +€16,838 | +38.7% |
| Amounts payable | 17/49 | €55,780 | €106,478 | +€50,698 | +90.9% |
| Amounts payable within one year | 42/48 | €55,780 | €106,478 | +€50,698 | +90.9% |
| Trade debts | 44 | €6,350 | €47,066 | +€40,716 | +641% |
| Suppliers | 440/4 | €6,350 | €47,066 | +€40,716 | +641% |
| Advances received on contracts in progress | 46 | €8,982 | €14,650 | +€5,668 | +63.1% |
| Taxes, remuneration and social security | 45 | €6,003 | €9,474 | +€3,471 | +57.8% |
| Taxes | 450/3 | €6,003 | €9,474 | +€3,471 | +57.8% |
| Other amounts payable | 47/48 | €34,445 | €35,288 | +€843 | +2.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,613 | €2,028 | -€3,586 | -63.9% |
| Other operating charges | 640/8 | €668 | €446 | -€223 | -33.3% |
| Gross operating margin | 9900 | €10,146 | €28,374 | +€18,228 | +180% |
| Operating profit (loss) | 9901 | €3,864 | €25,901 | +€22,037 | +570% |
| Financial income | 75/76B | €197 | €3 | -€193 | -98.2% |
| Recurring financial income | 75 | €197 | €3 | -€193 | -98.2% |
| Financial charges | 65/66B | €938 | €1,947 | +€1,009 | +107% |
| Recurring financial charges | 65 | €938 | €1,947 | +€1,009 | +107% |
| Profit (loss) for the period before taxes | 9903 | €3,122 | €23,957 | +€20,835 | +667% |
| Income taxes | 67/77 | €2,707 | €7,119 | +€4,412 | +163% |
| Profit (loss) for the period | 9904 | €415 | €16,838 | +€16,423 | +3,957% |
| Profit (loss) for the period to be appropriated | 9905 | €415 | €16,838 | +€16,423 | +3,957% |
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.