WCLM: what changed
Two fiscal 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.
WCLM
Largest movements
- Cash +€130,978
up €130,978 (+64.0%), from €204,697 to €335,675
mainly Net result for the year (+€229,644) and Tax, wage and social debts (+€3,791)
- Reserves +€140,943
up €140,943 (+17.9%), from €786,004 to €926,947
of which Distributable reserves: +€140,943
- Gross operating margin +€48,116
up €48,116 (+19.9%), from €242,071 to €290,187
- Taxes +€34,573
up €34,573 (+58.7%), from €58,867 to €93,440
- Financial income +€25,072
up €25,072 (+194.9%), from €12,866 to €37,938
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 | €827,626 | €972,429 | +€144,802 | +17.5% |
| Fixed assets | 21/28 | €6,105 | €6,541 | +€435 | +7.1% |
| Tangible fixed assets | 22/27 | €6,105 | €6,541 | +€435 | +7.1% |
| Land and buildings | 22 | €628 | €421 | -€207 | -32.9% |
| Plant, machinery and equipment | 23 | €4,305 | €5,446 | +€1,140 | +26.5% |
| Furniture and vehicles | 24 | €1,172 | €674 | -€498 | -42.5% |
| Current assets | 29/58 | €821,521 | €965,888 | +€144,367 | +17.6% |
| Amounts receivable within one year | 40/41 | €42,164 | €46,576 | +€4,412 | +10.5% |
| Trade receivables | 40 | €25,985 | €26,971 | +€987 | +3.8% |
| Other amounts receivable | 41 | €16,179 | €19,604 | +€3,425 | +21.2% |
| Current investments | 50/53 | €573,894 | €582,519 | +€8,625 | +1.5% |
| Cash at bank and in hand | 54/58 | €204,697 | €335,675 | +€130,978 | +64.0% |
| Deferred charges and accrued income | 490/1 | €766 | €1,118 | +€352 | +46.0% |
| Total equity and liabilities | 10/49 | €827,626 | €972,429 | +€144,802 | +17.5% |
| Equity | 10/15 | €802,110 | €943,053 | +€140,943 | +17.6% |
| Contributions | 10/11 | €16,106 | €16,106 | = | 0.0% |
| Reserves | 13 | €786,004 | €926,947 | +€140,943 | +17.9% |
| Tax-exempt reserves | 132 | €84,200 | €84,200 | = | 0.0% |
| Distributable reserves | 133 | €701,804 | €842,747 | +€140,943 | +20.1% |
| Amounts payable | 17/49 | €25,516 | €29,375 | +€3,859 | +15.1% |
| Amounts payable within one year | 42/48 | €25,516 | €29,375 | +€3,859 | +15.1% |
| Trade debts | 44 | €1,553 | €1,621 | +€68 | +4.4% |
| Suppliers | 440/4 | €1,553 | €1,621 | +€68 | +4.4% |
| Taxes, remuneration and social security | 45 | €23,963 | €27,754 | +€3,791 | +15.8% |
| Taxes | 450/3 | €23,963 | €27,754 | +€3,791 | +15.8% |
| Non-recurring operating income | 76A | - | €3,620 | +€3,620 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,427 | €3,366 | +€938 | +38.7% |
| Other operating charges | 640/8 | €712 | €642 | -€70 | -9.8% |
| Gross operating margin | 9900 | €242,071 | €290,187 | +€48,116 | +19.9% |
| Operating profit (loss) | 9901 | €238,932 | €286,179 | +€47,247 | +19.8% |
| Financial income | 75/76B | €12,866 | €37,938 | +€25,072 | +194.9% |
| Recurring financial income | 75 | €12,866 | €37,938 | +€25,072 | +194.9% |
| Financial charges | 65/66B | €920 | €1,033 | +€114 | +12.4% |
| Recurring financial charges | 65 | €920 | €1,033 | +€114 | +12.4% |
| Profit (loss) for the period before taxes | 9903 | €250,878 | €323,084 | +€72,205 | +28.8% |
| Income taxes | 67/77 | €58,867 | €93,440 | +€34,573 | +58.7% |
| Profit (loss) for the period | 9904 | €192,011 | €229,644 | +€37,633 | +19.6% |
| Transfer to tax-exempt reserves | 689 | €84,200 | - | -€84,200 | |
| Profit (loss) for the period to be appropriated | 9905 | €107,811 | €229,644 | +€121,833 | +113.0% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.