W & M SOLUTIONS: 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 SOLUTIONS
Largest movements
- Tangible fixed assets -€12,465
down €12,465 (-19.1%), from €65,339 to €52,874
of which Land and buildings: -€7,440
- Cash -€11,723
down €11,723 (-16.1%), from €72,845 to €61,122
mainly Net result for the year (-€9,287) and Tax, wage and social debts (-€3,897)
- Receivables within one year +€3,466
up €3,466 (+10.4%), from €33,347 to €36,813
of which Trade receivables: +€3,466
- Deferred charges and accrued income +€1,935
new in 2025: €1,935
- Profit (loss) carried forward -€9,287
down €9,287 (-22.7%), from €40,859 to €31,572
- Tax, wage and social debts -€3,897
down €3,897 (-33.9%), from €11,504 to €7,607
of which Taxes: -€4,422
- Trade debts -€3,148
down €3,148 (-8.7%), from €36,049 to €32,901
- Staff costs +€11,257
up €11,257 (+23,976%), from €47 to €11,304
- Gross operating margin +€1,362
up €1,362 (+6.3%), from €21,733 to €23,095
- Other operating charges -€943
down €943 (-52.2%), from €1,806 to €863
- Financial charges -€608
down €608 (-8.2%), from €7,429 to €6,821
- Financial income -€286
down €286 (-39.5%), from €722 to €437
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 | €187,098 | €169,428 | -€17,670 | -9.4% |
| Fixed assets | 21/28 | €65,339 | €52,874 | -€12,465 | -19.1% |
| Tangible fixed assets | 22/27 | €65,339 | €52,874 | -€12,465 | -19.1% |
| Land and buildings | 22 | €51,006 | €43,566 | -€7,440 | -14.6% |
| Plant, machinery and equipment | 23 | €12,875 | €8,842 | -€4,033 | -31.3% |
| Furniture and vehicles | 24 | €1,459 | €466 | -€992 | -68.0% |
| Current assets | 29/58 | €121,758 | €116,554 | -€5,205 | -4.3% |
| Stocks and contracts in progress | 3 | €15,566 | €16,683 | +€1,117 | +7.2% |
| Stocks | 30/36 | €15,566 | €16,683 | +€1,117 | +7.2% |
| Amounts receivable within one year | 40/41 | €33,347 | €36,813 | +€3,466 | +10.4% |
| Trade receivables | 40 | €32,356 | €35,823 | +€3,466 | +10.7% |
| Other amounts receivable | 41 | €991 | €991 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €72,845 | €61,122 | -€11,723 | -16.1% |
| Deferred charges and accrued income | 490/1 | - | €1,935 | +€1,935 | |
| Total equity and liabilities | 10/49 | €187,098 | €169,428 | -€17,670 | -9.4% |
| Equity | 10/15 | €61,319 | €52,032 | -€9,287 | -15.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €40,859 | €31,572 | -€9,287 | -22.7% |
| Amounts payable | 17/49 | €125,778 | €117,396 | -€8,382 | -6.7% |
| Amounts payable within one year | 42/48 | €125,778 | €117,396 | -€8,382 | -6.7% |
| Trade debts | 44 | €36,049 | €32,901 | -€3,148 | -8.7% |
| Suppliers | 440/4 | €36,049 | €32,901 | -€3,148 | -8.7% |
| Taxes, remuneration and social security | 45 | €11,504 | €7,607 | -€3,897 | -33.9% |
| Taxes | 450/3 | €11,504 | €7,082 | -€4,422 | -38.4% |
| Remuneration and social security | 454/9 | - | €525 | +€525 | |
| Other amounts payable | 47/48 | €78,225 | €76,888 | -€1,337 | -1.7% |
| Remuneration, social security and pensions | 62 | €47 | €11,304 | +€11,257 | +23,976% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,398 | €13,606 | +€207 | +1.5% |
| Other operating charges | 640/8 | €1,806 | €863 | -€943 | -52.2% |
| Gross operating margin | 9900 | €21,733 | €23,095 | +€1,362 | +6.3% |
| Operating profit (loss) | 9901 | €6,482 | -€2,677 | -€9,159 | |
| Financial income | 75/76B | €722 | €437 | -€286 | -39.5% |
| Recurring financial income | 75 | €722 | €437 | -€286 | -39.5% |
| Financial charges | 65/66B | €7,429 | €6,821 | -€608 | -8.2% |
| Recurring financial charges | 65 | €7,429 | €6,821 | -€608 | -8.2% |
| Profit (loss) for the period before taxes | 9903 | -€225 | -€9,061 | -€8,837 | -3,934% |
| Income taxes | 67/77 | €247 | €226 | -€21 | -8.5% |
| Profit (loss) for the period | 9904 | -€472 | -€9,287 | -€8,815 | -1,868% |
| Profit (loss) for the period to be appropriated | 9905 | -€472 | -€9,287 | -€8,815 | -1,868% |
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 16 October 2026 via checked.be.