WCV DD: 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.
WCV DD
Largest movements
- Stocks and contracts +€16,094
up €16,094 (+7.1%), from €225,417 to €241,512
- Cash +€5,268
up €5,268 (+162.8%), from €3,236 to €8,505
mainly Other debts (+€23,449) and Depreciation (+€864)
- Other debts +€23,449
up €23,449 (+10.4%), from €226,551 to €250,000
- Profit (loss) carried forward -€2,950
down €2,950 (-383.1%), from -€770 to -€3,720
- Gross operating margin -€1,526
new in 2025: -€1,526
- Other operating charges +€455
up €455 (+431.6%), from €106 to €561
- Depreciation +€199
up €199 (+30.0%), from €665 to €864
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 | €230,581 | €251,080 | +€20,499 | +8.9% |
| Formation expenses | 20 | €1,927 | €1,063 | -€864 | -44.8% |
| Current assets | 29/58 | €228,654 | €250,016 | +€21,363 | +9.3% |
| Stocks and contracts in progress | 3 | €225,417 | €241,512 | +€16,094 | +7.1% |
| Stocks | 30/36 | €225,417 | €241,512 | +€16,094 | +7.1% |
| Cash at bank and in hand | 54/58 | €3,236 | €8,505 | +€5,268 | +162.8% |
| Total equity and liabilities | 10/49 | €230,581 | €251,080 | +€20,499 | +8.9% |
| Equity | 10/15 | €4,030 | €1,080 | -€2,950 | -73.2% |
| Contributions | 10/11 | €4,800 | €4,800 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€770 | -€3,720 | -€2,950 | -383.1% |
| Amounts payable | 17/49 | €226,551 | €250,000 | +€23,449 | +10.4% |
| Amounts payable within one year | 42/48 | €226,551 | €250,000 | +€23,449 | +10.4% |
| Other amounts payable | 47/48 | €226,551 | €250,000 | +€23,449 | +10.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €665 | €864 | +€199 | +30.0% |
| Other operating charges | 640/8 | €106 | €561 | +€455 | +431.6% |
| Gross operating margin | 9900 | - | -€1,526 | -€1,526 | |
| Operating profit (loss) | 9901 | -€770 | -€2,950 | -€2,180 | -283.1% |
| Profit (loss) for the period before taxes | 9903 | -€770 | -€2,950 | -€2,180 | -283.1% |
| Profit (loss) for the period | 9904 | -€770 | -€2,950 | -€2,180 | -283.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€770 | -€2,950 | -€2,180 | -283.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.