WU: 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.
WU
Largest movements
- Tangible fixed assets -€23,978
down €23,978 (-4.4%), from €546,839 to €522,861
- Cash -€18,548
down €18,548 (-24.6%), from €75,438 to €56,891
mainly Other debts (-€35,890) and Debts after one year (-€26,754)
- Other debts -€35,890
down €35,890 (-12.7%), from €283,546 to €247,655
- Debts after one year -€26,754
down €26,754 (-8.6%), from €309,974 to €283,220
- Profit (loss) carried forward +€12,255
up €12,255 (+272.4%), from €4,499 to €16,753
- Gross operating margin +€20,657
up €20,657 (+57.5%), from €35,950 to €56,607
- Other operating charges +€2,254
up €2,254 (+61.9%), from €3,643 to €5,897
- Financial income -€1,500
no longer reported in 2025 (was €1,500)
- Financial charges -€717
down €717 (-6.0%), from €11,916 to €11,199
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 | €627,967 | €582,856 | -€45,111 | -7.2% |
| Fixed assets | 21/28 | €546,839 | €522,861 | -€23,978 | -4.4% |
| Tangible fixed assets | 22/27 | €546,839 | €522,861 | -€23,978 | -4.4% |
| Land and buildings | 22 | €546,839 | €522,861 | -€23,978 | -4.4% |
| Current assets | 29/58 | €81,127 | €59,995 | -€21,133 | -26.0% |
| Amounts receivable within one year | 40/41 | €5,170 | €2,585 | -€2,585 | -50.0% |
| Trade receivables | 40 | €5,170 | €2,585 | -€2,585 | -50.0% |
| Cash at bank and in hand | 54/58 | €75,438 | €56,891 | -€18,548 | -24.6% |
| Deferred charges and accrued income | 490/1 | €519 | €519 | = | 0.0% |
| Total equity and liabilities | 10/49 | €627,967 | €582,856 | -€45,111 | -7.2% |
| Equity | 10/15 | €10,901 | €23,156 | +€12,255 | +112.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | - | -€6,200 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Uncalled capital | 101 | €12,400 | - | -€12,400 | |
| Reserves | 13 | €203 | €203 | = | 0.0% |
| Non-distributable reserves | 130/1 | €203 | €203 | = | 0.0% |
| Reserves not available under the articles | 1311 | €203 | €203 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,499 | €16,753 | +€12,255 | +272.4% |
| Amounts payable | 17/49 | €617,065 | €559,700 | -€57,365 | -9.3% |
| Amounts payable after more than one year | 17 | €309,974 | €283,220 | -€26,754 | -8.6% |
| Financial debts | 170/4 | €309,974 | €283,220 | -€26,754 | -8.6% |
| Amounts payable within one year | 42/48 | €307,091 | €276,480 | -€30,611 | -10.0% |
| Current portion of amounts payable after more than one year | 42 | €23,545 | €25,546 | +€2,001 | +8.5% |
| Taxes, remuneration and social security | 45 | - | €3,278 | +€3,278 | |
| Taxes | 450/3 | - | €3,278 | +€3,278 | |
| Other amounts payable | 47/48 | €283,546 | €247,655 | -€35,890 | -12.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,978 | €23,978 | = | 0.0% |
| Other operating charges | 640/8 | €3,643 | €5,897 | +€2,254 | +61.9% |
| Non-recurring operating charges | 66A | €1,212 | €3,278 | +€2,066 | +170.4% |
| Gross operating margin | 9900 | €35,950 | €56,607 | +€20,657 | +57.5% |
| Operating profit (loss) | 9901 | €7,116 | €23,454 | +€16,337 | +229.6% |
| Financial income | 75/76B | €1,500 | - | -€1,500 | |
| Recurring financial income | 75 | €1,500 | - | -€1,500 | |
| Financial charges | 65/66B | €11,916 | €11,199 | -€717 | -6.0% |
| Recurring financial charges | 65 | €11,916 | €11,199 | -€717 | -6.0% |
| Profit (loss) for the period before taxes | 9903 | -€3,299 | €12,255 | +€15,554 | |
| Profit (loss) for the period | 9904 | -€3,299 | €12,255 | +€15,554 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,299 | €12,255 | +€15,554 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.