Wudo: 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.
Wudo
Largest movements
- Receivables within one year +€99,494
up €99,494, from €0 to €99,494
of which Trade receivables: +€87,805
- Cash +€9,544
up €9,544 (+30.4%), from €31,383 to €40,926
mainly Net result for the year (+€103,980) and Tax, wage and social debts (+€12,797)
- Tangible fixed assets +€3,397
up €3,397 (+108.4%), from €3,133 to €6,531
- Profit (loss) carried forward +€103,121
up €103,121 (+463.5%), from €22,248 to €125,369
- Tax, wage and social debts +€12,797
up €12,797 (+207.6%), from €6,163 to €18,960
- Other debts -€3,418
down €3,418 (-79.9%), from €4,277 to €859
- Gross operating margin +€105,040
up €105,040 (+328.6%), from €31,969 to €137,009
- Taxes +€22,759
up €22,759 (+374.3%), from €6,080 to €28,839
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 | €36,774 | €148,702 | +€111,928 | +304.4% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €3,642 | €7,039 | +€3,397 | +93.3% |
| Tangible fixed assets | 22/27 | €3,133 | €6,531 | +€3,397 | +108.4% |
| Furniture and vehicles | 24 | €3,133 | €6,531 | +€3,397 | +108.4% |
| Financial fixed assets | 28 | €509 | €509 | = | 0.0% |
| Current assets | 29/58 | €33,132 | €141,663 | +€108,531 | +327.6% |
| Amounts receivable within one year | 40/41 | €0 | €99,494 | +€99,494 | |
| Trade receivables | 40 | €0 | €87,805 | +€87,805 | |
| Other amounts receivable | 41 | - | €11,689 | +€11,689 | |
| Cash at bank and in hand | 54/58 | €31,383 | €40,926 | +€9,544 | +30.4% |
| Deferred charges and accrued income | 490/1 | €1,749 | €1,242 | -€507 | -29.0% |
| Total equity and liabilities | 10/49 | €36,774 | €148,702 | +€111,928 | +304.4% |
| Equity | 10/15 | €24,248 | €127,369 | +€103,121 | +425.3% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €22,248 | €125,369 | +€103,121 | +463.5% |
| Amounts payable | 17/49 | €12,526 | €21,333 | +€8,807 | +70.3% |
| Amounts payable within one year | 42/48 | €12,526 | €21,333 | +€8,807 | +70.3% |
| Financial debts | 43 | €1,504 | €234 | -€1,271 | -84.5% |
| Other loans | 439 | €1,504 | €234 | -€1,271 | -84.5% |
| Trade debts | 44 | €580 | €1,280 | +€699 | +120.5% |
| Suppliers | 440/4 | €580 | €1,280 | +€699 | +120.5% |
| Taxes, remuneration and social security | 45 | €6,163 | €18,960 | +€12,797 | +207.6% |
| Taxes | 450/3 | €6,163 | €18,960 | +€12,797 | +207.6% |
| Other amounts payable | 47/48 | €4,277 | €859 | -€3,418 | -79.9% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,568 | €2,684 | +€1,116 | +71.2% |
| Other operating charges | 640/8 | €218 | €326 | +€108 | +49.6% |
| Non-recurring operating charges | 66A | €192 | €0 | -€192 | -100.0% |
| Gross operating margin | 9900 | €31,969 | €137,009 | +€105,040 | +328.6% |
| Operating profit (loss) | 9901 | €29,991 | €133,999 | +€104,008 | +346.8% |
| Financial income | 75/76B | €0 | €183 | +€182 | +182420.0% |
| Recurring financial income | 75 | €0 | €183 | +€182 | +182420.0% |
| Financial charges | 65/66B | €1,763 | €1,363 | -€400 | -22.7% |
| Recurring financial charges | 65 | €1,763 | €1,363 | -€400 | -22.7% |
| Profit (loss) for the period before taxes | 9903 | €28,228 | €132,819 | +€104,591 | +370.5% |
| Income taxes | 67/77 | €6,080 | €28,839 | +€22,759 | +374.3% |
| Profit (loss) for the period | 9904 | €22,148 | €103,980 | +€81,832 | +369.5% |
| Profit (loss) for the period to be appropriated | 9905 | €22,148 | €103,980 | +€81,832 | +369.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.