W.V.S. SERVICES: 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.V.S. SERVICES
Largest movements
- Receivables within one year +€47,777
up €47,777 (+18.9%), from €252,278 to €300,055
of which Trade receivables: +€35,946
- Deferred charges and accrued income -€9,582
no longer reported in 2025 (was €9,582)
- Trade debts +€40,806
up €40,806 (+25.9%), from €157,254 to €198,060
- Tax, wage and social debts -€12,799
down €12,799 (-68.7%), from €18,631 to €5,832
- Other debts +€7,963
up €7,963 (+51.3%), from €15,535 to €23,498
- Profit (loss) carried forward +€4,492
up €4,492 (+7.2%), from €62,675 to €67,166
- Accrued charges and deferred income -€3,069
no longer reported in 2025 (was €3,069)
- Taxes -€10,140
down €10,140 (-65.8%), from €15,420 to €5,280
- Other operating charges +€8,167
up €8,167 (+683%), from €1,195 to €9,363
- Gross operating margin +€4,456
up €4,456 (+28.4%), from €15,689 to €20,145
- Depreciation +€693
up €693 (+438%), from €158 to €851
- Financial charges -€398
down €398 (-71.4%), from €557 to €159
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 | €265,223 | €302,615 | +€37,393 | +14.1% |
| Fixed assets | 21/28 | €2,110 | €2,380 | +€270 | +12.8% |
| Tangible fixed assets | 22/27 | €2,110 | €2,380 | +€270 | +12.8% |
| Plant, machinery and equipment | 23 | €2,110 | €2,380 | +€270 | +12.8% |
| Current assets | 29/58 | €263,113 | €300,236 | +€37,123 | +14.1% |
| Amounts receivable within one year | 40/41 | €252,278 | €300,055 | +€47,777 | +18.9% |
| Trade receivables | 40 | €241,672 | €277,618 | +€35,946 | +14.9% |
| Other amounts receivable | 41 | €10,605 | €22,437 | +€11,832 | +112% |
| Cash at bank and in hand | 54/58 | €1,253 | €181 | -€1,072 | -85.6% |
| Deferred charges and accrued income | 490/1 | €9,582 | - | -€9,582 | |
| Total equity and liabilities | 10/49 | €265,223 | €302,615 | +€37,393 | +14.1% |
| Equity | 10/15 | €70,734 | €75,226 | +€4,492 | +6.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €62,675 | €67,166 | +€4,492 | +7.2% |
| Amounts payable | 17/49 | €194,489 | €227,390 | +€32,901 | +16.9% |
| Amounts payable within one year | 42/48 | €191,420 | €227,390 | +€35,970 | +18.8% |
| Trade debts | 44 | €157,254 | €198,060 | +€40,806 | +25.9% |
| Suppliers | 440/4 | €157,254 | €198,060 | +€40,806 | +25.9% |
| Taxes, remuneration and social security | 45 | €18,631 | €5,832 | -€12,799 | -68.7% |
| Taxes | 450/3 | €18,631 | €5,832 | -€12,799 | -68.7% |
| Other amounts payable | 47/48 | €15,535 | €23,498 | +€7,963 | +51.3% |
| Accrued charges and deferred income | 492/3 | €3,069 | - | -€3,069 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €158 | €851 | +€693 | +438% |
| Other operating charges | 640/8 | €1,195 | €9,363 | +€8,167 | +683% |
| Gross operating margin | 9900 | €15,689 | €20,145 | +€4,456 | +28.4% |
| Operating profit (loss) | 9901 | €14,335 | €9,931 | -€4,404 | -30.7% |
| Financial income | 75/76B | €341 | - | -€341 | |
| Recurring financial income | 75 | €341 | - | -€341 | |
| Financial charges | 65/66B | €557 | €159 | -€398 | -71.4% |
| Recurring financial charges | 65 | €557 | €159 | -€398 | -71.4% |
| Profit (loss) for the period before taxes | 9903 | €14,119 | €9,772 | -€4,348 | -30.8% |
| Income taxes | 67/77 | €15,420 | €5,280 | -€10,140 | -65.8% |
| Profit (loss) for the period | 9904 | -€1,301 | €4,492 | +€5,793 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,301 | €4,492 | +€5,793 |
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 20 October 2026 via checked.be.