WDM-EVENTS: 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.
WDM-EVENTS
Largest movements
- Receivables within one year -€37,610
down €37,610 (-31.9%), from €117,797 to €80,187
of which Trade receivables: -€51,118
- Stocks and contracts -€35,200
no longer reported in 2025 (was €35,200)
- Other debts -€82,156
down €82,156 (-21.4%), from €384,552 to €302,396
- Tax, wage and social debts -€41,869
down €41,869 (-54.9%), from €76,298 to €34,429
of which Taxes: -€37,039
- Trade debts +€38,923
up €38,923 (+38.4%), from €101,374 to €140,297
- Debts after one year -€33,672
down €33,672 (-7.9%), from €425,512 to €391,840
- Current portion of long-term debt +€18,397
up €18,397 (+19.3%), from €95,276 to €113,672
- Depreciation +€58,252
up €58,252 (+23.1%), from €251,958 to €310,210
- Gross operating margin +€22,288
up €22,288 (+3.5%), from €628,373 to €650,661
- Staff costs -€18,608
down €18,608 (-6.2%), from €299,858 to €281,249
- Other operating charges +€9,865
up €9,865 (+188%), from €5,243 to €15,108
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 | €1,205,597 | €1,113,482 | -€92,115 | -7.6% |
| Fixed assets | 21/28 | €1,026,959 | €1,014,200 | -€12,759 | -1.2% |
| Intangible fixed assets | 21 | €11,295 | €7,828 | -€3,467 | -30.7% |
| Tangible fixed assets | 22/27 | €1,015,664 | €1,006,373 | -€9,292 | -0.9% |
| Plant, machinery and equipment | 23 | €854,513 | €886,080 | +€31,566 | +3.7% |
| Furniture and vehicles | 24 | €153,476 | €110,933 | -€42,543 | -27.7% |
| Other tangible fixed assets | 26 | €7,675 | €9,360 | +€1,685 | +22.0% |
| Current assets | 29/58 | €178,637 | €99,281 | -€79,356 | -44.4% |
| Stocks and contracts in progress | 3 | €35,200 | - | -€35,200 | |
| Stocks | 30/36 | €35,200 | - | -€35,200 | |
| Amounts receivable within one year | 40/41 | €117,797 | €80,187 | -€37,610 | -31.9% |
| Trade receivables | 40 | €109,741 | €58,623 | -€51,118 | -46.6% |
| Other amounts receivable | 41 | €8,056 | €21,564 | +€13,508 | +168% |
| Cash at bank and in hand | 54/58 | €22,332 | €15,522 | -€6,810 | -30.5% |
| Deferred charges and accrued income | 490/1 | €3,308 | €3,572 | +€264 | +8.0% |
| Total equity and liabilities | 10/49 | €1,205,597 | €1,113,482 | -€92,115 | -7.6% |
| Equity | 10/15 | €111,347 | €125,889 | +€14,542 | +13.1% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €101,347 | €115,889 | +€14,542 | +14.3% |
| Distributable reserves | 133 | €101,347 | €115,889 | +€14,542 | +14.3% |
| Amounts payable | 17/49 | €1,094,250 | €987,593 | -€106,657 | -9.7% |
| Amounts payable after more than one year | 17 | €425,512 | €391,840 | -€33,672 | -7.9% |
| Financial debts | 170/4 | €425,512 | €391,840 | -€33,672 | -7.9% |
| Amounts payable within one year | 42/48 | €663,619 | €590,795 | -€72,825 | -11.0% |
| Current portion of amounts payable after more than one year | 42 | €95,276 | €113,672 | +€18,397 | +19.3% |
| Trade debts | 44 | €101,374 | €140,297 | +€38,923 | +38.4% |
| Suppliers | 440/4 | €101,374 | €140,297 | +€38,923 | +38.4% |
| Advances received on contracts in progress | 46 | €6,120 | - | -€6,120 | |
| Taxes, remuneration and social security | 45 | €76,298 | €34,429 | -€41,869 | -54.9% |
| Taxes | 450/3 | €68,420 | €31,381 | -€37,039 | -54.1% |
| Remuneration and social security | 454/9 | €7,878 | €3,048 | -€4,830 | -61.3% |
| Other amounts payable | 47/48 | €384,552 | €302,396 | -€82,156 | -21.4% |
| Accrued charges and deferred income | 492/3 | €5,119 | €4,958 | -€160 | -3.1% |
| Non-recurring operating income | 76A | €19,441 | €13,462 | -€5,979 | -30.8% |
| Remuneration, social security and pensions | 62 | €299,858 | €281,249 | -€18,608 | -6.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €251,958 | €310,210 | +€58,252 | +23.1% |
| Other operating charges | 640/8 | €5,243 | €15,108 | +€9,865 | +188% |
| Non-recurring operating charges | 66A | €17,715 | €832 | -€16,883 | -95.3% |
| Gross operating margin | 9900 | €628,373 | €650,661 | +€22,288 | +3.5% |
| Operating profit (loss) | 9901 | €53,599 | €43,262 | -€10,338 | -19.3% |
| Financial income | 75/76B | €486 | €828 | +€341 | +70.2% |
| Recurring financial income | 75 | €486 | €828 | +€341 | +70.2% |
| Financial charges | 65/66B | €15,427 | €21,409 | +€5,982 | +38.8% |
| Recurring financial charges | 65 | €15,427 | €21,409 | +€5,982 | +38.8% |
| Profit (loss) for the period before taxes | 9903 | €38,659 | €22,681 | -€15,978 | -41.3% |
| Income taxes | 67/77 | €10,469 | €8,138 | -€2,331 | -22.3% |
| Profit (loss) for the period | 9904 | €28,190 | €14,542 | -€13,648 | -48.4% |
| Profit (loss) for the period to be appropriated | 9905 | €28,190 | €14,542 | -€13,648 | -48.4% |
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.