The Wp Cy: 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.
The Wp Cy
Largest movements
- Cash -€20,568
down €20,568 (-99.9%), from €20,582 to €14
mainly Receivables within one year (-€7,964) and Net result for the year (-€6,490)
- Receivables within one year +€7,964
up €7,964 (+72.9%), from €10,931 to €18,895
of which Other amounts receivable: +€9,987
- Deferred charges and accrued income -€1,103
no longer reported in 2025 (was €1,103)
- Tangible fixed assets -€535
down €535 (-27.3%), from €1,960 to €1,426
- Profit (loss) carried forward -€6,490
down €6,490 (-31.6%), from €20,538 to €14,048
- Tax, wage and social debts -€5,208
down €5,208 (-80.2%), from €6,494 to €1,286
- Trade debts -€2,543
no longer reported in 2025 (was €2,543)
- Gross operating margin -€11,655
down €11,655, from €6,108 to -€5,547
- Financial charges -€4,007
down €4,007 (-93.8%), from €4,270 to €264
- Taxes -€3,151
down €3,151 (-99.1%), from €3,179 to €28
- Financial income -€776
no longer reported in 2025 (was €776)
- Other operating charges -€720
down €720 (-86.0%), from €838 to €118
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 | €34,576 | €20,334 | -€14,242 | -41.2% |
| Fixed assets | 21/28 | €1,960 | €1,426 | -€535 | -27.3% |
| Tangible fixed assets | 22/27 | €1,960 | €1,426 | -€535 | -27.3% |
| Plant, machinery and equipment | 23 | €1,960 | €1,426 | -€535 | -27.3% |
| Current assets | 29/58 | €32,616 | €18,909 | -€13,707 | -42.0% |
| Amounts receivable within one year | 40/41 | €10,931 | €18,895 | +€7,964 | +72.9% |
| Trade receivables | 40 | €2,023 | - | -€2,023 | |
| Other amounts receivable | 41 | €8,908 | €18,895 | +€9,987 | +112.1% |
| Cash at bank and in hand | 54/58 | €20,582 | €14 | -€20,568 | -99.9% |
| Deferred charges and accrued income | 490/1 | €1,103 | - | -€1,103 | |
| Total equity and liabilities | 10/49 | €34,576 | €20,334 | -€14,242 | -41.2% |
| Equity | 10/15 | €25,538 | €19,048 | -€6,490 | -25.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €20,538 | €14,048 | -€6,490 | -31.6% |
| Amounts payable | 17/49 | €9,038 | €1,286 | -€7,751 | -85.8% |
| Amounts payable within one year | 42/48 | €9,038 | €1,286 | -€7,751 | -85.8% |
| Trade debts | 44 | €2,543 | - | -€2,543 | |
| Suppliers | 440/4 | €2,543 | - | -€2,543 | |
| Taxes, remuneration and social security | 45 | €6,494 | €1,286 | -€5,208 | -80.2% |
| Taxes | 450/3 | €6,494 | €1,286 | -€5,208 | -80.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €639 | €535 | -€104 | -16.3% |
| Other operating charges | 640/8 | €838 | €118 | -€720 | -86.0% |
| Gross operating margin | 9900 | €6,108 | -€5,547 | -€11,655 | |
| Operating profit (loss) | 9901 | €4,632 | -€6,199 | -€10,830 | |
| Financial income | 75/76B | €776 | - | -€776 | |
| Recurring financial income | 75 | €776 | - | -€776 | |
| Financial charges | 65/66B | €4,270 | €264 | -€4,007 | -93.8% |
| Recurring financial charges | 65 | €4,270 | €264 | -€4,007 | -93.8% |
| Profit (loss) for the period before taxes | 9903 | €1,137 | -€6,462 | -€7,600 | |
| Income taxes | 67/77 | €3,179 | €28 | -€3,151 | -99.1% |
| Profit (loss) for the period | 9904 | -€2,041 | -€6,490 | -€4,449 | -218.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,041 | -€6,490 | -€4,449 | -218.0% |
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 12 October 2026 via checked.be.