W.M.D.: 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.M.D.
Largest movements
- Cash -€411
down €411 (-32.6%), from €1,263 to €851
mainly Net result for the year (-€2,999) and Receivables within one year (-€278)
- Receivables within one year +€278
up €278 (+17.8%), from €1,563 to €1,842
- Profit (loss) carried forward -€2,999
down €2,999 (-10.8%), from -€27,695 to -€30,694
- Trade debts +€1,966
up €1,966 (+240%), from €819 to €2,784
- Debts after one year +€900
up €900 (+4.1%), from €22,000 to €22,900
- Gross operating margin +€938
up €938 (+27.2%), from -€3,446 to -€2,508
- Staff costs +€244
new in 2024: €244
- Financial charges -€192
down €192 (-57.2%), from €336 to €144
of which Financial charges: -€181
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,183 | €3,050 | -€133 | -4.2% |
| Fixed assets | 21/28 | €357 | €357 | = | 0.0% |
| Financial fixed assets | 28 | €357 | €357 | = | 0.0% |
| Current assets | 29/58 | €2,826 | €2,693 | -€133 | -4.7% |
| Amounts receivable within one year | 40/41 | €1,563 | €1,842 | +€278 | +17.8% |
| Other amounts receivable | 41 | €1,563 | €1,842 | +€278 | +17.8% |
| Cash at bank and in hand | 54/58 | €1,263 | €851 | -€411 | -32.6% |
| Total equity and liabilities | 10/49 | €3,183 | €3,050 | -€133 | -4.2% |
| Equity | 10/15 | -€19,635 | -€22,634 | -€2,999 | -15.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€27,695 | -€30,694 | -€2,999 | -10.8% |
| Amounts payable | 17/49 | €22,819 | €25,684 | +€2,866 | +12.6% |
| Amounts payable after more than one year | 17 | €22,000 | €22,900 | +€900 | +4.1% |
| Financial debts | 170/4 | €22,000 | €22,900 | +€900 | +4.1% |
| Amounts payable within one year | 42/48 | €819 | €2,784 | +€1,966 | +240% |
| Trade debts | 44 | €819 | €2,784 | +€1,966 | +240% |
| Suppliers | 440/4 | €819 | €2,784 | +€1,966 | +240% |
| Remuneration, social security and pensions | 62 | - | €244 | +€244 | |
| Other operating charges | 640/8 | €132 | €132 | = | 0.0% |
| Gross operating margin | 9900 | -€3,446 | -€2,508 | +€938 | +27.2% |
| Operating profit (loss) | 9901 | -€3,578 | -€2,884 | +€693 | +19.4% |
| Financial income | 75/76B | - | €30 | +€30 | |
| Recurring financial income | 75 | - | €30 | +€30 | |
| Financial charges | 65/66B | €336 | €144 | -€192 | -57.2% |
| Recurring financial charges | 65 | €316 | €135 | -€181 | -57.3% |
| Non-recurring financial charges | 66B | €20 | €9 | -€11 | -54.4% |
| Profit (loss) for the period before taxes | 9903 | -€3,913 | -€2,999 | +€915 | +23.4% |
| Profit (loss) for the period | 9904 | -€3,913 | -€2,999 | +€915 | +23.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,913 | -€2,999 | +€915 | +23.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.