WRAP EUROPE: 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.
WRAP EUROPE
Largest movements
- Cash +€122,017
up €122,017 (+1,084%), from €11,261 to €133,278
- Receivables within one year +€29,377
up €29,377 (+757%), from €3,880 to €33,257
of which Trade receivables: +€28,620
- Accrued charges and deferred income +€90,638
up €90,638 (+232%), from €39,000 to €129,638
- Short-term financial debts +€40,000
new in 2026: €40,000
- Tax, wage and social debts +€27,886
up €27,886 (+62.6%), from €44,512 to €72,398
of which Remuneration and social security: +€23,063
- Trade debts -€3,683
down €3,683 (-25.4%), from €14,500 to €10,817
- Profit (loss) carried forward -€3,447
down €3,447 (-4.2%), from -€82,871 to -€86,318
- Gross operating margin +€191,847
up €191,847 (+104%), from €184,493 to €376,340
- Turnover +€161,605
up €161,605 (+101%), from €160,300 to €321,905
- Staff costs +€113,497
up €113,497 (+43.7%), from €259,905 to €373,402
- Purchases and services -€40,566
down €40,566 (-27.5%), from €147,712 to €107,146
From the 2024 result to the 2026 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2024 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €15,141 | €166,535 | +€151,394 | +1,000% |
| Current assets | 29/58 | €15,141 | €166,535 | +€151,394 | +1,000% |
| Amounts receivable within one year | 40/41 | €3,880 | €33,257 | +€29,377 | +757% |
| Trade receivables | 40 | €3,880 | €32,500 | +€28,620 | +738% |
| Other amounts receivable | 41 | - | €757 | +€757 | |
| Cash at bank and in hand | 54/58 | €11,261 | €133,278 | +€122,017 | +1,084% |
| Total equity and liabilities | 10/49 | €15,141 | €166,535 | +€151,394 | +1,000% |
| Equity | 10/15 | -€82,871 | -€86,318 | -€3,447 | -4.2% |
| Profit (loss) carried forward | 14 | -€82,871 | -€86,318 | -€3,447 | -4.2% |
| Amounts payable | 17/49 | €98,012 | €252,853 | +€154,841 | +158% |
| Amounts payable within one year | 42/48 | €59,012 | €123,215 | +€64,203 | +109% |
| Financial debts | 43 | - | €40,000 | +€40,000 | |
| Credit institutions | 430/8 | - | €40,000 | +€40,000 | |
| Trade debts | 44 | €14,500 | €10,817 | -€3,683 | -25.4% |
| Suppliers | 440/4 | €14,500 | €10,817 | -€3,683 | -25.4% |
| Taxes, remuneration and social security | 45 | €44,512 | €72,398 | +€27,886 | +62.6% |
| Taxes | 450/3 | €1,741 | €6,564 | +€4,823 | +277% |
| Remuneration and social security | 454/9 | €42,771 | €65,834 | +€23,063 | +53.9% |
| Accrued charges and deferred income | 492/3 | €39,000 | €129,638 | +€90,638 | +232% |
| Turnover | 70 | €160,300 | €321,905 | +€161,605 | +101% |
| Membership fees, donations, legacies and grants | 73 | €153,482 | €119,541 | -€33,941 | -22.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €147,712 | €107,146 | -€40,566 | -27.5% |
| Remuneration, social security and pensions | 62 | €259,905 | €373,402 | +€113,497 | +43.7% |
| Other operating charges | 640/8 | €1,542 | €251 | -€1,291 | -83.7% |
| Gross operating margin | 9900 | €184,493 | €376,340 | +€191,847 | +104% |
| Operating profit (loss) | 9901 | -€76,954 | €2,687 | +€79,641 | |
| Financial charges | 65/66B | €3,706 | €6,134 | +€2,428 | +65.5% |
| Recurring financial charges | 65 | €3,706 | €6,134 | +€2,428 | +65.5% |
| Profit (loss) for the period before taxes | 9903 | -€80,660 | -€3,447 | +€77,213 | +95.7% |
| Profit (loss) for the period | 9904 | -€80,660 | -€3,447 | +€77,213 | +95.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€80,660 | -€3,447 | +€77,213 | +95.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.