W.D. Sourcing: 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.
W.D. Sourcing
Largest movements
- Receivables within one year +€34,844
up €34,844 (+143%), from €24,344 to €59,189
of which Trade receivables: +€35,046
- Cash -€11,458
down €11,458 (-10.9%), from €104,902 to €93,445
mainly Receivables within one year (-€34,844) and Deferred charges and accrued income (-€6,542)
- Deferred charges and accrued income +€6,542
new in 2025: €6,542
- Profit (loss) carried forward +€26,380
up €26,380 (+27.1%), from €97,448 to €123,829
- Other debts +€3,140
up €3,140 (+97.6%), from €3,219 to €6,359
- Gross operating margin -€66,367
down €66,367 (-62.7%), from €105,858 to €39,491
- Taxes -€13,238
down €13,238 (-61.0%), from €21,696 to €8,458
- Other operating charges +€4,310
up €4,310 (+8,813%), from €49 to €4,359
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 | €129,247 | €159,175 | +€29,929 | +23.2% |
| Current assets | 29/58 | €129,247 | €159,175 | +€29,929 | +23.2% |
| Amounts receivable within one year | 40/41 | €24,344 | €59,189 | +€34,844 | +143% |
| Trade receivables | 40 | €23,625 | €58,672 | +€35,046 | +148% |
| Other amounts receivable | 41 | €719 | €517 | -€202 | -28.1% |
| Cash at bank and in hand | 54/58 | €104,902 | €93,445 | -€11,458 | -10.9% |
| Deferred charges and accrued income | 490/1 | - | €6,542 | +€6,542 | |
| Total equity and liabilities | 10/49 | €129,247 | €159,175 | +€29,929 | +23.2% |
| Equity | 10/15 | €100,448 | €126,829 | +€26,380 | +26.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €97,448 | €123,829 | +€26,380 | +27.1% |
| Amounts payable | 17/49 | €28,798 | €32,347 | +€3,548 | +12.3% |
| Amounts payable within one year | 42/48 | €28,798 | €32,347 | +€3,548 | +12.3% |
| Trade debts | 44 | €2,992 | €2,195 | -€797 | -26.6% |
| Suppliers | 440/4 | €2,992 | €2,195 | -€797 | -26.6% |
| Taxes, remuneration and social security | 45 | €22,587 | €23,793 | +€1,205 | +5.3% |
| Taxes | 450/3 | €22,587 | €23,793 | +€1,205 | +5.3% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €3,219 | €6,359 | +€3,140 | +97.6% |
| Other operating charges | 640/8 | €49 | €4,359 | +€4,310 | +8,813% |
| Gross operating margin | 9900 | €105,858 | €39,491 | -€66,367 | -62.7% |
| Operating profit (loss) | 9901 | €105,809 | €35,132 | -€70,677 | -66.8% |
| Financial charges | 65/66B | €201 | €294 | +€92 | +45.9% |
| Recurring financial charges | 65 | €201 | €294 | +€92 | +45.9% |
| Profit (loss) for the period before taxes | 9903 | €105,608 | €34,839 | -€70,770 | -67.0% |
| Income taxes | 67/77 | €21,696 | €8,458 | -€13,238 | -61.0% |
| Profit (loss) for the period | 9904 | €83,912 | €26,380 | -€57,532 | -68.6% |
| Profit (loss) for the period to be appropriated | 9905 | €83,912 | €26,380 | -€57,532 | -68.6% |
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 27 October 2026 via checked.be.