Group WLMC: 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.
Group WLMC
Largest movements
- Cash +€428,267
up €428,267 (+127.5%), from €335,856 to €764,123
mainly Investment in fixed assets (net) (+€415,822) and Net result for the year (+€48,922)
- Financial fixed assets -€415,822
down €415,822 (-31.9%), from €1.3m to €886,013
- Receivables within one year +€22,935
up €22,935 (+20.9%), from €109,563 to €132,498
- Profit (loss) carried forward +€48,922
up €48,922 (+5.6%), from -€871,436 to -€822,515
- Financial charges -€1.5m
down €1.5m (-97.4%), from €1.6m to €40,555
of which Non-recurring financial charges: -€1.5m
- Financial income +€38,520
up €38,520 (+196.2%), from €19,635 to €58,155
of which Non-recurring financial income: +€58,155
- Gross operating margin -€17,937
down €17,937 (-35.6%), from €50,320 to €32,383
- Taxes -€4,057
down €4,057 (-100.0%), from €4,057 to €0
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 | €1,747,255 | €1,782,634 | +€35,379 | +2.0% |
| Fixed assets | 21/28 | €1,301,835 | €886,013 | -€415,822 | -31.9% |
| Financial fixed assets | 28 | €1,301,835 | €886,013 | -€415,822 | -31.9% |
| Current assets | 29/58 | €445,420 | €896,621 | +€451,201 | +101.3% |
| Amounts receivable within one year | 40/41 | €109,563 | €132,498 | +€22,935 | +20.9% |
| Other amounts receivable | 41 | €109,563 | €132,498 | +€22,935 | +20.9% |
| Cash at bank and in hand | 54/58 | €335,856 | €764,123 | +€428,267 | +127.5% |
| Total equity and liabilities | 10/49 | €1,747,255 | €1,782,634 | +€35,379 | +2.0% |
| Equity | 10/15 | €103,351 | €152,273 | +€48,922 | +47.3% |
| Contributions | 10/11 | €86,000 | €86,000 | = | 0.0% |
| Capital | 10 | €86,000 | €86,000 | = | 0.0% |
| Issued capital | 100 | €86,000 | €86,000 | = | 0.0% |
| Reserves | 13 | €888,787 | €888,787 | = | 0.0% |
| Non-distributable reserves | 130/1 | €8,600 | €8,600 | = | 0.0% |
| Legal reserve | 130 | €8,600 | €8,600 | = | 0.0% |
| Tax-exempt reserves | 132 | €880,187 | €880,187 | = | 0.0% |
| Distributable reserves | 133 | €0 | - | = | |
| Profit (loss) carried forward | 14 | -€871,436 | -€822,515 | +€48,922 | +5.6% |
| Amounts payable | 17/49 | €1,643,904 | €1,630,361 | -€13,543 | -0.8% |
| Amounts payable after more than one year | 17 | €1,450,000 | €1,450,000 | = | 0.0% |
| Financial debts | 170/4 | €1,450,000 | €1,450,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €193,904 | €180,361 | -€13,543 | -7.0% |
| Trade debts | 44 | €2,329 | €969 | -€1,360 | -58.4% |
| Suppliers | 440/4 | €2,329 | €969 | -€1,360 | -58.4% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €191,575 | €179,392 | -€12,183 | -6.4% |
| Other operating charges | 640/8 | €1,115 | €1,060 | -€54 | -4.9% |
| Gross operating margin | 9900 | €50,320 | €32,383 | -€17,937 | -35.6% |
| Operating profit (loss) | 9901 | €49,205 | €31,322 | -€17,883 | -36.3% |
| Financial income | 75/76B | €19,635 | €58,155 | +€38,520 | +196.2% |
| Recurring financial income | 75 | €19,635 | €0 | -€19,635 | -100.0% |
| Non-recurring financial income | 76B | - | €58,155 | +€58,155 | |
| Financial charges | 65/66B | €1,586,789 | €40,555 | -€1.5m | -97.4% |
| Recurring financial charges | 65 | €52,612 | €40,555 | -€12,056 | -22.9% |
| Non-recurring financial charges | 66B | €1,534,178 | €0 | -€1.5m | -100.0% |
| Profit (loss) for the period before taxes | 9903 | -€1,517,949 | €48,922 | +€1.6m | |
| Income taxes | 67/77 | €4,057 | €0 | -€4,057 | -100.0% |
| Profit (loss) for the period | 9904 | -€1,522,006 | €48,922 | +€1.6m | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,522,006 | €48,922 | +€1.6m |
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.