WOZ: what changed
Two fiscal 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.
WOZ
Largest movements
- Cash +€81,146
up €81,146 (+122.8%), from €66,059 to €147,205
mainly Net result for the year (+€62,103) and Tax, wage and social debts (+€16,357)
- Receivables within one year -€2,200
down €2,200 (-13.1%), from €16,848 to €14,648
of which Trade receivables: -€2,186
- Reserves +€62,103
up €62,103 (+120.4%), from €51,596 to €113,699
- Tax, wage and social debts +€16,357
up €16,357 (+71.5%), from €22,888 to €39,245
- Gross operating margin +€11,666
up €11,666 (+16.9%), from €68,845 to €80,511
- Taxes +€2,029
up €2,029 (+13.4%), from €15,100 to €17,130
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.
Cash bridge derived
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 | €84,999 | €163,506 | +€78,507 | +92.4% |
| Current assets | 29/58 | €84,999 | €163,506 | +€78,507 | +92.4% |
| Amounts receivable within one year | 40/41 | €16,848 | €14,648 | -€2,200 | -13.1% |
| Trade receivables | 40 | €16,834 | €14,648 | -€2,186 | -13.0% |
| Other amounts receivable | 41 | €13 | €0 | -€13 | -100.0% |
| Cash at bank and in hand | 54/58 | €66,059 | €147,205 | +€81,146 | +122.8% |
| Deferred charges and accrued income | 490/1 | €2,092 | €1,653 | -€440 | -21.0% |
| Total equity and liabilities | 10/49 | €84,999 | €163,506 | +€78,507 | +92.4% |
| Equity | 10/15 | €56,596 | €118,699 | +€62,103 | +109.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €51,596 | €113,699 | +€62,103 | +120.4% |
| Distributable reserves | 133 | €51,596 | €113,699 | +€62,103 | +120.4% |
| Amounts payable | 17/49 | €28,403 | €44,807 | +€16,404 | +57.8% |
| Amounts payable within one year | 42/48 | €28,403 | €44,807 | +€16,404 | +57.8% |
| Trade debts | 44 | €767 | €814 | +€46 | +6.0% |
| Suppliers | 440/4 | €767 | €814 | +€46 | +6.0% |
| Taxes, remuneration and social security | 45 | €22,888 | €39,245 | +€16,357 | +71.5% |
| Taxes | 450/3 | €22,888 | €39,245 | +€16,357 | +71.5% |
| Other amounts payable | 47/48 | €4,748 | €4,748 | +€1 | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €732 | €0 | -€732 | -100.0% |
| Other operating charges | 640/8 | €814 | €578 | -€236 | -29.0% |
| Gross operating margin | 9900 | €68,845 | €80,511 | +€11,666 | +16.9% |
| Operating profit (loss) | 9901 | €67,299 | €79,934 | +€12,634 | +18.8% |
| Financial charges | 65/66B | €603 | €702 | +€98 | +16.3% |
| Recurring financial charges | 65 | €603 | €702 | +€98 | +16.3% |
| Profit (loss) for the period before taxes | 9903 | €66,696 | €79,232 | +€12,536 | +18.8% |
| Income taxes | 67/77 | €15,100 | €17,130 | +€2,029 | +13.4% |
| Profit (loss) for the period | 9904 | €51,596 | €62,103 | +€10,507 | +20.4% |
| Profit (loss) for the period to be appropriated | 9905 | €51,596 | €62,103 | +€10,507 | +20.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.