Wunderbar: 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.
What changed
Wunderbar
NACE 59.201, Sound recording
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€216
2024 · €10,473-€10,257
Equity
€93,219
2024 · €93,003+€216
Cash
€89,227
2024 · €84,496+€4,731
Balance sheet total
€679,306
2024 · €593,725+€85,581
Largest movements
Assets
- Tangible fixed assets +€84,428
up €84,428 (+17.2%), from €490,679 to €575,107
of which Assets under construction and advance payments: +€172,980
Equity and liabilities
- Accrued charges and deferred income +€372,973
new in 2025: €372,973
- Other debts -€280,904
no longer reported in 2025 (was €280,904)
- Current portion of long-term debt -€11,208
no longer reported in 2025 (was €11,208)
Income statement
- Depreciation +€56,909
up €56,909 (+179.8%), from €31,644 to €88,552
- Gross operating margin +€52,368
up €52,368 (+113.8%), from €46,006 to €98,373
- Financial charges +€5,661
up €5,661 (+160.6%), from €3,525 to €9,186
of which Financial charges: +€4,390
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.
Result 2024
€10,473
Gross operating margin
+€52,368
Staff costs
+€129
Depreciation
-€56,909
Other operating charges
+€426
Financial income
+€118
Financial charges
-€5,661
Deferred taxes and other
-€729
Result 2025
€216
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.
From operations
+€188,919
Investment
-€172,980
Financing
-€11,208
Cash 2024
€84,496
From operations (derived)
+€188,919
Net result for the year
+€216
Depreciation
+€88,552
Receivables within one year
+€3,578
Trade debts
+€4,170
Tax, wage and social debts
+€334
Other debts
-€280,904
Accrued charges and deferred income
+€372,973
Investment (derived)
-€172,980
Investment in fixed assets (net)
-€172,980
Financing
-€11,208
Current portion of long-term debt
-€11,208
Cash 2025
€89,227
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €593,725 | €679,306 | +€85,581 | +14.4% |
| Fixed assets | 21/28 | €490,679 | €575,107 | +€84,428 | +17.2% |
| Tangible fixed assets | 22/27 | €490,679 | €575,107 | +€84,428 | +17.2% |
| Land and buildings | 22 | €487,723 | €401,070 | -€86,653 | -17.8% |
| Plant, machinery and equipment | 23 | €2,403 | €978 | -€1,425 | -59.3% |
| Furniture and vehicles | 24 | €553 | €79 | -€474 | -85.7% |
| Assets under construction and advance payments | 27 | - | €172,980 | +€172,980 | |
| Current assets | 29/58 | €103,046 | €104,199 | +€1,153 | +1.1% |
| Amounts receivable within one year | 40/41 | €18,551 | €14,973 | -€3,578 | -19.3% |
| Trade receivables | 40 | €17,170 | €13,626 | -€3,544 | -20.6% |
| Other amounts receivable | 41 | €1,381 | €1,347 | -€34 | -2.5% |
| Cash at bank and in hand | 54/58 | €84,496 | €89,227 | +€4,731 | +5.6% |
| Total equity and liabilities | 10/49 | €593,725 | €679,306 | +€85,581 | +14.4% |
| Equity | 10/15 | €93,003 | €93,219 | +€216 | +0.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | €6,200 | = | 0.0% |
| Issued capital | 100 | €18,600 | €6,200 | -€12,400 | -66.7% |
| Uncalled capital | 101 | €12,400 | - | -€12,400 | |
| Reserves | 13 | €69,095 | €69,095 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €67,235 | €67,235 | = | 0.0% |
| Profit (loss) carried forward | 14 | €17,708 | €17,924 | +€216 | +1.2% |
| Provisions and deferred taxes | 16 | €13,121 | €13,121 | = | 0.0% |
| Deferred taxes | 168 | €13,121 | €13,121 | = | 0.0% |
| Amounts payable | 17/49 | €487,600 | €572,965 | +€85,365 | +17.5% |
| Amounts payable after more than one year | 17 | €190,526 | €190,526 | = | 0.0% |
| Financial debts | 170/4 | €190,526 | €190,526 | = | 0.0% |
| Amounts payable within one year | 42/48 | €297,075 | €9,466 | -€287,608 | -96.8% |
| Current portion of amounts payable after more than one year | 42 | €11,208 | - | -€11,208 | |
| Trade debts | 44 | €1,962 | €6,132 | +€4,170 | +212.5% |
| Suppliers | 440/4 | €1,962 | €6,132 | +€4,170 | +212.5% |
| Taxes, remuneration and social security | 45 | €3,000 | €3,334 | +€334 | +11.1% |
| Taxes | 450/3 | €3,000 | €834 | -€2,166 | -72.2% |
| Remuneration and social security | 454/9 | - | €2,500 | +€2,500 | |
| Other amounts payable | 47/48 | €280,904 | - | -€280,904 | |
| Accrued charges and deferred income | 492/3 | - | €372,973 | +€372,973 | |
| Remuneration, social security and pensions | 62 | €129 | - | -€129 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,644 | €88,552 | +€56,909 | +179.8% |
| Other operating charges | 640/8 | €964 | €537 | -€426 | -44.2% |
| Gross operating margin | 9900 | €46,006 | €98,373 | +€52,368 | +113.8% |
| Operating profit (loss) | 9901 | €13,269 | €9,284 | -€3,986 | -30.0% |
| Financial income | 75/76B | €0 | €118 | +€118 | +32766.7% |
| Recurring financial income | 75 | €0 | €118 | +€118 | +32766.7% |
| Financial charges | 65/66B | €3,525 | €9,186 | +€5,661 | +160.6% |
| Recurring financial charges | 65 | €3,525 | €7,915 | +€4,390 | +124.5% |
| Non-recurring financial charges | 66B | - | €1,271 | +€1,271 | |
| Profit (loss) for the period before taxes | 9903 | €9,744 | €216 | -€9,528 | -97.8% |
| Transfer from deferred taxes | 780 | €729 | - | -€729 | |
| Profit (loss) for the period | 9904 | €10,473 | €216 | -€10,257 | -97.9% |
| Transfer from tax-exempt reserves | 789 | €2,916 | - | -€2,916 | |
| Profit (loss) for the period to be appropriated | 9905 | €13,389 | €216 | -€13,173 | -98.4% |
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 5 October 2026 via checked.be.