Wu Wei: 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 Wei
Largest movements
- Receivables within one year +€23,933
up €23,933 (+75.1%), from €31,857 to €55,790
- Cash -€20,846
down €20,846 (-62.0%), from €33,634 to €12,788
mainly Net result for the year (-€92,791) and Trade debts (-€49,749)
- Tangible fixed assets +€2,045
up €2,045 (+11.7%), from €17,549 to €19,595
of which Furniture and vehicles: +€2,310
- Deferred charges and accrued income +€1,836
up €1,836 (+176.1%), from €1,043 to €2,878
- Other debts +€142,565
up €142,565 (+14.1%), from €1.0m to €1.2m
- Profit (loss) carried forward -€92,791
down €92,791 (-7.9%), from -€1.2m to -€1.3m
- Trade debts -€49,749
down €49,749 (-57.9%), from €85,890 to €36,141
- Tax, wage and social debts +€6,943
up €6,943 (+35.4%), from €19,602 to €26,544
of which Remuneration and social security: +€3,788
- Gross operating margin +€33,893
up €33,893 (+27.9%), from €121,274 to €155,167
- Financial charges +€24,051
up €24,051 (+419.1%), from €5,739 to €29,790
of which Non-recurring financial charges: +€16,999
- Staff costs -€4,639
down €4,639 (-2.2%), from €208,563 to €203,925
- Other operating charges -€3,162
down €3,162 (-32.9%), from €9,603 to €6,441
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 | €103,389 | €110,357 | +€6,968 | +6.7% |
| Fixed assets | 21/28 | €36,856 | €38,901 | +€2,045 | +5.5% |
| Tangible fixed assets | 22/27 | €17,549 | €19,595 | +€2,045 | +11.7% |
| Plant, machinery and equipment | 23 | €5,050 | €5,287 | +€238 | +4.7% |
| Furniture and vehicles | 24 | €4,865 | €7,176 | +€2,310 | +47.5% |
| Other tangible fixed assets | 26 | €7,634 | €7,131 | -€503 | -6.6% |
| Financial fixed assets | 28 | €19,306 | €19,306 | = | 0.0% |
| Current assets | 29/58 | €66,534 | €71,456 | +€4,923 | +7.4% |
| Amounts receivable within one year | 40/41 | €31,857 | €55,790 | +€23,933 | +75.1% |
| Trade receivables | 40 | €31,857 | €55,790 | +€23,933 | +75.1% |
| Cash at bank and in hand | 54/58 | €33,634 | €12,788 | -€20,846 | -62.0% |
| Deferred charges and accrued income | 490/1 | €1,043 | €2,878 | +€1,836 | +176.1% |
| Total equity and liabilities | 10/49 | €103,389 | €110,357 | +€6,968 | +6.7% |
| Equity | 10/15 | -€1,020,863 | -€1,113,654 | -€92,791 | -9.1% |
| Contributions | 10/11 | €150,000 | €150,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,170,863 | -€1,263,654 | -€92,791 | -7.9% |
| Amounts payable | 17/49 | €1,124,252 | €1,224,011 | +€99,759 | +8.9% |
| Amounts payable within one year | 42/48 | €1,119,752 | €1,219,511 | +€99,759 | +8.9% |
| Trade debts | 44 | €85,890 | €36,141 | -€49,749 | -57.9% |
| Suppliers | 440/4 | €85,890 | €36,141 | -€49,749 | -57.9% |
| Taxes, remuneration and social security | 45 | €19,602 | €26,544 | +€6,943 | +35.4% |
| Taxes | 450/3 | €670 | €3,825 | +€3,155 | +471.1% |
| Remuneration and social security | 454/9 | €18,932 | €22,719 | +€3,788 | +20.0% |
| Other amounts payable | 47/48 | €1,014,261 | €1,156,826 | +€142,565 | +14.1% |
| Accrued charges and deferred income | 492/3 | €4,500 | €4,500 | = | 0.0% |
| Non-recurring operating income | 76A | - | €3,973 | +€3,973 | |
| Remuneration, social security and pensions | 62 | €208,563 | €203,925 | -€4,639 | -2.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,380 | €7,555 | +€1,175 | +18.4% |
| Other operating charges | 640/8 | €9,603 | €6,441 | -€3,162 | -32.9% |
| Non-recurring operating charges | 66A | €29 | - | -€29 | |
| Gross operating margin | 9900 | €121,274 | €155,167 | +€33,893 | +27.9% |
| Operating profit (loss) | 9901 | -€103,301 | -€62,753 | +€40,547 | +39.3% |
| Financial income | 75/76B | €442 | - | -€442 | |
| Recurring financial income | 75 | €442 | - | -€442 | |
| Financial charges | 65/66B | €5,739 | €29,790 | +€24,051 | +419.1% |
| Recurring financial charges | 65 | €5,739 | €12,791 | +€7,052 | +122.9% |
| Non-recurring financial charges | 66B | - | €16,999 | +€16,999 | |
| Profit (loss) for the period before taxes | 9903 | -€108,597 | -€92,544 | +€16,054 | +14.8% |
| Income taxes | 67/77 | -€31 | €247 | +€278 | |
| Profit (loss) for the period | 9904 | -€108,566 | -€92,791 | +€15,775 | +14.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€108,566 | -€92,791 | +€15,775 | +14.5% |
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 7 October 2026 via checked.be.