WUUNDER BELGIUM: what changed
WUUNDER BELGIUM
Largest movements
- Receivables within one year +€14,939
up €14,939 (+131%), from €11,367 to €26,306
of which Trade receivables: +€11,609
- Cash -€3,789
down €3,789 (-51.8%), from €7,315 to €3,526
mainly Net result for the year (-€171,705) and Receivables within one year (-€14,939)
- Deferred charges and accrued income +€1,593
new in 2025: €1,593
- Debts after one year +€188,783
up €188,783 (+28.1%), from €673,016 to €861,799
- Profit (loss) carried forward -€171,705
down €171,705 (-25.8%), from -€665,296 to -€837,001
- Trade debts -€5,219
down €5,219 (-45.3%), from €11,524 to €6,306
- Accrued charges and deferred income +€875
new in 2025: €875
- Gross operating margin -€25,814
down €25,814 (-19.3%), from -€133,621 to -€159,435
- Write-downs -€21,159
down €21,159, from €10,579 to -€10,579
- Other operating charges +€10,604
up €10,604 (+17,103%), from €62 to €10,666
- Financial charges +€1,617
up €1,617 (+15.3%), from €10,567 to €12,184
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €24,433 | €37,176 | +€12,743 | +52.2% |
| Fixed assets | 21/28 | €5,750 | €5,750 | = | 0.0% |
| Financial fixed assets | 28 | €5,750 | €5,750 | = | 0.0% |
| Current assets | 29/58 | €18,683 | €31,426 | +€12,743 | +68.2% |
| Amounts receivable within one year | 40/41 | €11,367 | €26,306 | +€14,939 | +131% |
| Trade receivables | 40 | €11,275 | €22,884 | +€11,609 | +103% |
| Other amounts receivable | 41 | €93 | €3,422 | +€3,330 | +3,590% |
| Cash at bank and in hand | 54/58 | €7,315 | €3,526 | -€3,789 | -51.8% |
| Deferred charges and accrued income | 490/1 | - | €1,593 | +€1,593 | |
| Total equity and liabilities | 10/49 | €24,433 | €37,176 | +€12,743 | +52.2% |
| Equity | 10/15 | -€660,296 | -€832,001 | -€171,705 | -26.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€665,296 | -€837,001 | -€171,705 | -25.8% |
| Amounts payable | 17/49 | €684,729 | €869,177 | +€184,448 | +26.9% |
| Amounts payable after more than one year | 17 | €673,016 | €861,799 | +€188,783 | +28.1% |
| Financial debts | 170/4 | €673,016 | €861,799 | +€188,783 | +28.1% |
| Amounts payable within one year | 42/48 | €11,713 | €6,503 | -€5,210 | -44.5% |
| Trade debts | 44 | €11,524 | €6,306 | -€5,219 | -45.3% |
| Suppliers | 440/4 | €11,524 | €6,306 | -€5,219 | -45.3% |
| Taxes, remuneration and social security | 45 | €189 | €197 | +€8 | +4.5% |
| Taxes | 450/3 | €189 | €197 | +€8 | +4.5% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | - | €875 | +€875 | |
| Remuneration, social security and pensions | 62 | -€86 | €0 | +€86 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €10,579 | -€10,579 | -€21,159 | |
| Other operating charges | 640/8 | €62 | €10,666 | +€10,604 | +17,103% |
| Gross operating margin | 9900 | -€133,621 | -€159,435 | -€25,814 | -19.3% |
| Operating profit (loss) | 9901 | -€144,176 | -€159,521 | -€15,345 | -10.6% |
| Financial income | 75/76B | €27 | €0 | -€27 | -100% |
| Recurring financial income | 75 | €27 | €0 | -€27 | -100% |
| Financial charges | 65/66B | €10,567 | €12,184 | +€1,617 | +15.3% |
| Recurring financial charges | 65 | €10,567 | €12,184 | +€1,617 | +15.3% |
| Profit (loss) for the period before taxes | 9903 | -€154,716 | -€171,705 | -€16,989 | -11.0% |
| Profit (loss) for the period | 9904 | -€154,716 | -€171,705 | -€16,989 | -11.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€154,716 | -€171,705 | -€16,989 | -11.0% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.