WDC ENGINEERING: 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.
WDC ENGINEERING
Largest movements
- Tangible fixed assets +€16,876
up €16,876 (+1.5%), from €1.1m to €1.1m
of which Land and buildings: +€1.1m
- Debts after one year +€141,405
up €141,405 (+25.7%), from €550,799 to €692,204
- Trade debts -€132,357
down €132,357 (-91.3%), from €145,031 to €12,674
- Current portion of long-term debt +€64,479
up €64,479 (+4173.0%), from €1,545 to €66,024
- Tax, wage and social debts -€59,964
down €59,964 (-55.1%), from €108,908 to €48,944
- Reserves +€17,157
up €17,157 (+13.9%), from €123,022 to €140,179
of which Distributable reserves: +€17,157
- Depreciation +€35,026
up €35,026 (+775.4%), from €4,517 to €39,543
- Gross operating margin +€22,586
up €22,586 (+29.5%), from €76,507 to €99,093
- Financial charges +€18,271
up €18,271 (+131.3%), from €13,916 to €32,187
- Taxes -€5,751
down €5,751 (-38.3%), from €15,000 to €9,249
- Financial income +€2,816
up €2,816 (+54048.4%), from €5 to €2,821
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 | €1,131,215 | €1,152,538 | +€21,323 | +1.9% |
| Fixed assets | 21/28 | €1,096,570 | €1,112,396 | +€15,826 | +1.4% |
| Tangible fixed assets | 22/27 | €1,095,520 | €1,112,396 | +€16,876 | +1.5% |
| Land and buildings | 22 | - | €1,097,064 | +€1.1m | |
| Furniture and vehicles | 24 | €20,262 | €15,332 | -€4,930 | -24.3% |
| Assets under construction and advance payments | 27 | €1,075,258 | €0 | -€1.1m | -100.0% |
| Financial fixed assets | 28 | €1,050 | €0 | -€1,050 | -100.0% |
| Current assets | 29/58 | €34,645 | €40,142 | +€5,497 | +15.9% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €32,845 | €38,744 | +€5,899 | +18.0% |
| Trade receivables | 40 | €32,845 | €38,744 | +€5,899 | +18.0% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €920 | €1,258 | +€338 | +36.7% |
| Deferred charges and accrued income | 490/1 | €881 | €141 | -€740 | -84.0% |
| Total equity and liabilities | 10/49 | €1,131,215 | €1,152,538 | +€21,323 | +1.9% |
| Equity | 10/15 | €141,622 | €158,779 | +€17,157 | +12.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €123,022 | €140,179 | +€17,157 | +13.9% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €123,022 | €140,179 | +€17,157 | +13.9% |
| Amounts payable | 17/49 | €989,594 | €993,759 | +€4,166 | +0.4% |
| Amounts payable after more than one year | 17 | €550,799 | €692,204 | +€141,405 | +25.7% |
| Financial debts | 170/4 | €550,799 | €692,204 | +€141,405 | +25.7% |
| Amounts payable within one year | 42/48 | €438,794 | €301,555 | -€137,239 | -31.3% |
| Current portion of amounts payable after more than one year | 42 | €1,545 | €66,024 | +€64,479 | +4173.0% |
| Trade debts | 44 | €145,031 | €12,674 | -€132,357 | -91.3% |
| Suppliers | 440/4 | €145,031 | €12,674 | -€132,357 | -91.3% |
| Taxes, remuneration and social security | 45 | €108,908 | €48,944 | -€59,964 | -55.1% |
| Taxes | 450/3 | €108,908 | €48,944 | -€59,964 | -55.1% |
| Other amounts payable | 47/48 | €183,309 | €173,913 | -€9,396 | -5.1% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,517 | €39,543 | +€35,026 | +775.4% |
| Other operating charges | 640/8 | €1,888 | €3,777 | +€1,889 | +100.1% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €76,507 | €99,093 | +€22,586 | +29.5% |
| Operating profit (loss) | 9901 | €70,102 | €55,772 | -€14,330 | -20.4% |
| Financial income | 75/76B | €5 | €2,821 | +€2,816 | +54048.4% |
| Recurring financial income | 75 | €5 | €2,821 | +€2,816 | +54048.4% |
| Financial charges | 65/66B | €13,916 | €32,187 | +€18,271 | +131.3% |
| Recurring financial charges | 65 | €13,916 | €32,187 | +€18,271 | +131.3% |
| Profit (loss) for the period before taxes | 9903 | €56,191 | €26,406 | -€29,785 | -53.0% |
| Income taxes | 67/77 | €15,000 | €9,249 | -€5,751 | -38.3% |
| Profit (loss) for the period | 9904 | €41,191 | €17,157 | -€24,034 | -58.3% |
| Profit (loss) for the period to be appropriated | 9905 | €41,191 | €17,157 | -€24,034 | -58.3% |
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.