LEX WSP: 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.
LEX WSP
Largest movements
- Tangible fixed assets -€6,175
down €6,175 (-6.3%), from €98,622 to €92,447
of which Land and buildings: -€4,616
- Cash +€4,929
up €4,929 (+48.4%), from €10,184 to €15,113
mainly Depreciation (+€6,175) and Trade debts (+€2,639)
- Profit (loss) carried forward -€3,428
down €3,428 (-62.0%), from €5,532 to €2,104
- Trade debts +€2,639
up €2,639 (+174%), from €1,514 to €4,153
- Gross operating margin -€5,067
down €5,067 (-25.9%), from €19,531 to €14,464
- Taxes -€673
down €673 (-98.2%), from €685 to €12
- Other operating charges +€350
up €350 (+3.1%), from €11,114 to €11,464
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 | €108,990 | €107,746 | -€1,244 | -1.1% |
| Fixed assets | 21/28 | €98,622 | €92,447 | -€6,175 | -6.3% |
| Tangible fixed assets | 22/27 | €98,622 | €92,447 | -€6,175 | -6.3% |
| Land and buildings | 22 | €83,934 | €79,318 | -€4,616 | -5.5% |
| Plant, machinery and equipment | 23 | €14,688 | €13,129 | -€1,559 | -10.6% |
| Current assets | 29/58 | €10,368 | €15,299 | +€4,931 | +47.6% |
| Cash at bank and in hand | 54/58 | €10,184 | €15,113 | +€4,929 | +48.4% |
| Deferred charges and accrued income | 490/1 | €184 | €186 | +€2 | +1.1% |
| Total equity and liabilities | 10/49 | €108,990 | €107,746 | -€1,244 | -1.1% |
| Equity | 10/15 | €105,473 | €102,044 | -€3,429 | -3.3% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €81,349 | €81,348 | -€1 | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €654 | €654 | = | 0.0% |
| Distributable reserves | 133 | €78,836 | €78,835 | -€1 | 0.0% |
| Profit (loss) carried forward | 14 | €5,532 | €2,104 | -€3,428 | -62.0% |
| Amounts payable | 17/49 | €3,517 | €5,702 | +€2,185 | +62.1% |
| Amounts payable within one year | 42/48 | €2,896 | €4,849 | +€1,953 | +67.4% |
| Trade debts | 44 | €1,514 | €4,153 | +€2,639 | +174% |
| Suppliers | 440/4 | €1,514 | €4,153 | +€2,639 | +174% |
| Taxes, remuneration and social security | 45 | €1,382 | €696 | -€686 | -49.6% |
| Taxes | 450/3 | €1,382 | €696 | -€686 | -49.6% |
| Accrued charges and deferred income | 492/3 | €621 | €853 | +€232 | +37.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,176 | €6,175 | -€1 | 0.0% |
| Other operating charges | 640/8 | €11,114 | €11,464 | +€350 | +3.1% |
| Gross operating margin | 9900 | €19,531 | €14,464 | -€5,067 | -25.9% |
| Operating profit (loss) | 9901 | €2,241 | -€3,175 | -€5,416 | |
| Financial charges | 65/66B | €211 | €241 | +€30 | +14.2% |
| Recurring financial charges | 65 | €211 | €241 | +€30 | +14.2% |
| Profit (loss) for the period before taxes | 9903 | €2,030 | -€3,416 | -€5,446 | |
| Income taxes | 67/77 | €685 | €12 | -€673 | -98.2% |
| Profit (loss) for the period | 9904 | €1,345 | -€3,428 | -€4,773 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,345 | -€3,428 | -€4,773 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.