WWDB: what changed
Two financial 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.
WWDB
Largest movements
- Receivables after one year -€46,062
down €46,062 (-22.1%), from €208,650 to €162,589
- Cash -€16,248
down €16,248 (-49.7%), from €32,691 to €16,442
mainly Contributions, distributions and other (-€52,006) and Net result for the year (-€16,907)
- Receivables within one year -€10,472
down €10,472 (-20.5%), from €51,067 to €40,594
of which Trade receivables: -€8,107
- Reserves -€68,913
down €68,913 (-18.1%), from €381,269 to €312,356
- Financial charges -€37,755
down €37,755 (-98.7%), from €38,266 to €511
- Gross operating margin +€6,989
up €6,989 (+26.9%), from -€25,966 to -€18,977
- Financial income -€909
down €909 (-11.1%), from €8,150 to €7,241
- Depreciation -€599
down €599 (-17.1%), from €3,494 to €2,895
- Other operating charges +€362
up €362 (+34.9%), from €1,037 to €1,399
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.
Derived cash bridge
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 | €426,156 | €351,153 | -€75,003 | -17.6% |
| Fixed assets | 21/28 | €4,758 | €1,863 | -€2,895 | -60.9% |
| Tangible fixed assets | 22/27 | €4,758 | €1,863 | -€2,895 | -60.9% |
| Plant, machinery and equipment | 23 | €2,135 | €687 | -€1,448 | -67.8% |
| Furniture and vehicles | 24 | €2,623 | €1,175 | -€1,448 | -55.2% |
| Current assets | 29/58 | €421,398 | €349,290 | -€72,108 | -17.1% |
| Amounts receivable after more than one year | 29 | €208,650 | €162,589 | -€46,062 | -22.1% |
| Other amounts receivable | 291 | €208,650 | €162,589 | -€46,062 | -22.1% |
| Stocks and contracts in progress | 3 | €125,982 | €126,898 | +€916 | +0.7% |
| Stocks | 30/36 | €125,982 | €126,898 | +€916 | +0.7% |
| Amounts receivable within one year | 40/41 | €51,067 | €40,594 | -€10,472 | -20.5% |
| Trade receivables | 40 | €17,727 | €9,620 | -€8,107 | -45.7% |
| Other amounts receivable | 41 | €33,340 | €30,975 | -€2,365 | -7.1% |
| Cash at bank and in hand | 54/58 | €32,691 | €16,442 | -€16,248 | -49.7% |
| Deferred charges and accrued income | 490/1 | €3,009 | €2,767 | -€242 | -8.0% |
| Total equity and liabilities | 10/49 | €426,156 | €351,153 | -€75,003 | -17.6% |
| Equity | 10/15 | €412,255 | €343,342 | -€68,913 | -16.7% |
| Contributions | 10/11 | €30,987 | €30,987 | = | 0.0% |
| Reserves | 13 | €381,269 | €312,356 | -€68,913 | -18.1% |
| Distributable reserves | 133 | €381,269 | €312,356 | -€68,913 | -18.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €13,901 | €7,810 | -€6,091 | -43.8% |
| Amounts payable within one year | 42/48 | €13,901 | €7,810 | -€6,091 | -43.8% |
| Current portion of amounts payable after more than one year | 42 | €5,000 | €2,500 | -€2,500 | -50.0% |
| Trade debts | 44 | €4,781 | €5,310 | +€529 | +11.1% |
| Suppliers | 440/4 | €4,781 | €5,310 | +€529 | +11.1% |
| Taxes, remuneration and social security | 45 | €3,184 | €0 | -€3,184 | -100% |
| Taxes | 450/3 | €3,184 | €0 | -€3,184 | -100% |
| Other amounts payable | 47/48 | €936 | €0 | -€936 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,494 | €2,895 | -€599 | -17.1% |
| Other operating charges | 640/8 | €1,037 | €1,399 | +€362 | +34.9% |
| Gross operating margin | 9900 | -€25,966 | -€18,977 | +€6,989 | +26.9% |
| Operating profit (loss) | 9901 | -€30,497 | -€23,271 | +€7,225 | +23.7% |
| Financial income | 75/76B | €8,150 | €7,241 | -€909 | -11.1% |
| Recurring financial income | 75 | €8,150 | €7,241 | -€909 | -11.1% |
| Financial charges | 65/66B | €38,266 | €511 | -€37,755 | -98.7% |
| Recurring financial charges | 65 | €38,266 | €511 | -€37,755 | -98.7% |
| Profit (loss) for the period before taxes | 9903 | -€60,613 | -€16,541 | +€44,072 | +72.7% |
| Income taxes | 67/77 | €381 | €366 | -€15 | -4.0% |
| Profit (loss) for the period | 9904 | -€60,994 | -€16,907 | +€44,087 | +72.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€60,994 | -€16,907 | +€44,087 | +72.3% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.