WOWT: 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.
WOWT
Largest movements
- Cash +€59,873
new in 2025: €59,873
mainly Receivables within one year (+€21,669) and Receivables after one year (+€20,250)
- Receivables within one year -€21,669
down €21,669 (-46.2%), from €46,945 to €25,276
of which Trade receivables: -€31,733
- Receivables after one year -€20,250
no longer reported in 2025 (was €20,250)
- Tangible fixed assets -€8,432
down €8,432 (-12.0%), from €70,517 to €62,085
of which Other tangible fixed assets: -€6,339
- Other debts +€18,820
up €18,820 (+150%), from €12,538 to €31,358
- Short-term financial debts -€7,284
no longer reported in 2025 (was €7,284)
- Tax, wage and social debts -€2,513
down €2,513 (-80.0%), from €3,141 to €628
of which Remuneration and social security: -€2,832
- Financial charges +€56,796
up €56,796 (+6,906%), from €822 to €57,619
- Gross operating margin +€41,809
up €41,809 (+172%), from €24,291 to €66,100
- Taxes -€2,063
down €2,063, from €1,998 to -€65
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 | €140,744 | €149,727 | +€8,983 | +6.4% |
| Fixed assets | 21/28 | €72,610 | €64,178 | -€8,432 | -11.6% |
| Tangible fixed assets | 22/27 | €70,517 | €62,085 | -€8,432 | -12.0% |
| Land and buildings | 22 | €15,479 | €15,152 | -€327 | -2.1% |
| Furniture and vehicles | 24 | €5,398 | €3,632 | -€1,767 | -32.7% |
| Other tangible fixed assets | 26 | €49,640 | €43,301 | -€6,339 | -12.8% |
| Financial fixed assets | 28 | €2,093 | €2,093 | = | 0.0% |
| Current assets | 29/58 | €68,134 | €85,549 | +€17,415 | +25.6% |
| Amounts receivable after more than one year | 29 | €20,250 | - | -€20,250 | |
| Other amounts receivable | 291 | €20,250 | - | -€20,250 | |
| Amounts receivable within one year | 40/41 | €46,945 | €25,276 | -€21,669 | -46.2% |
| Trade receivables | 40 | €39,630 | €7,897 | -€31,733 | -80.1% |
| Other amounts receivable | 41 | €7,315 | €17,379 | +€10,065 | +138% |
| Cash at bank and in hand | 54/58 | - | €59,873 | +€59,873 | |
| Deferred charges and accrued income | 490/1 | €939 | €400 | -€539 | -57.4% |
| Total equity and liabilities | 10/49 | €140,744 | €149,727 | +€8,983 | +6.4% |
| Equity | 10/15 | €116,436 | €116,291 | -€144 | -0.1% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €1,900 | €1,900 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,900 | €1,900 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,900 | €1,900 | = | 0.0% |
| Profit (loss) carried forward | 14 | €95,536 | €95,391 | -€144 | -0.2% |
| Amounts payable | 17/49 | €24,308 | €33,435 | +€9,127 | +37.5% |
| Amounts payable within one year | 42/48 | €24,308 | €33,435 | +€9,127 | +37.5% |
| Financial debts | 43 | €7,284 | - | -€7,284 | |
| Credit institutions | 430/8 | €7,284 | - | -€7,284 | |
| Trade debts | 44 | €1,346 | €1,450 | +€104 | +7.8% |
| Suppliers | 440/4 | €1,346 | €1,450 | +€104 | +7.8% |
| Taxes, remuneration and social security | 45 | €3,141 | €628 | -€2,513 | -80.0% |
| Taxes | 450/3 | €308 | €628 | +€319 | +103% |
| Remuneration and social security | 454/9 | €2,832 | - | -€2,832 | |
| Other amounts payable | 47/48 | €12,538 | €31,358 | +€18,820 | +150% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,449 | €8,432 | -€17 | -0.2% |
| Other operating charges | 640/8 | €736 | €549 | -€187 | -25.4% |
| Gross operating margin | 9900 | €24,291 | €66,100 | +€41,809 | +172% |
| Operating profit (loss) | 9901 | €15,105 | €57,118 | +€42,013 | +278% |
| Financial income | 75/76B | €364 | €292 | -€72 | -19.8% |
| Recurring financial income | 75 | €364 | €292 | -€72 | -19.8% |
| Financial charges | 65/66B | €822 | €57,619 | +€56,796 | +6,906% |
| Recurring financial charges | 65 | €822 | €57,619 | +€56,796 | +6,906% |
| Profit (loss) for the period before taxes | 9903 | €14,647 | -€209 | -€14,856 | |
| Income taxes | 67/77 | €1,998 | -€65 | -€2,063 | |
| Profit (loss) for the period | 9904 | €12,648 | -€144 | -€12,793 | |
| Profit (loss) for the period to be appropriated | 9905 | €12,648 | -€144 | -€12,793 |
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 14 October 2026 via checked.be.