WDM 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.
WDM SERVICES
Largest movements
- Cash -€30,226
down €30,226 (-12.8%), from €236,074 to €205,848
mainly Contributions, distributions and other (-€165,000) and Trade debts (-€15,947)
- Tangible fixed assets -€19,408
down €19,408 (-76.7%), from €25,314 to €5,906
- Receivables within one year +€9,976
up €9,976 (+8.6%), from €116,179 to €126,155
of which Trade receivables: +€12,745
- Trade debts -€15,947
down €15,947 (-51.7%), from €30,855 to €14,908
- Tax, wage and social debts -€13,432
down €13,432 (-8.0%), from €168,897 to €155,465
of which Taxes: -€18,349
- Debts after one year -€12,295
down €12,295 (-75.4%), from €16,308 to €4,013
- Current portion of long-term debt -€8,982
down €8,982 (-42.2%), from €21,275 to €12,293
- Other debts +€6,310
up €6,310 (+6.5%), from €97,532 to €103,842
- Staff costs -€9,165
down €9,165 (-9.3%), from €98,327 to €89,162
- Gross operating margin -€6,063
down €6,063 (-1.7%), from €349,115 to €343,052
- Depreciation -€3,688
down €3,688 (-14.6%), from €25,183 to €21,495
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 | €384,988 | €342,809 | -€42,179 | -11.0% |
| Fixed assets | 21/28 | €32,301 | €10,806 | -€21,495 | -66.5% |
| Intangible fixed assets | 21 | €2,087 | - | -€2,087 | |
| Tangible fixed assets | 22/27 | €25,314 | €5,906 | -€19,408 | -76.7% |
| Furniture and vehicles | 24 | €25,314 | €5,906 | -€19,408 | -76.7% |
| Financial fixed assets | 28 | €4,900 | €4,900 | = | 0.0% |
| Current assets | 29/58 | €352,687 | €332,003 | -€20,684 | -5.9% |
| Amounts receivable within one year | 40/41 | €116,179 | €126,155 | +€9,976 | +8.6% |
| Trade receivables | 40 | €113,410 | €126,155 | +€12,745 | +11.2% |
| Other amounts receivable | 41 | €2,769 | - | -€2,769 | |
| Cash at bank and in hand | 54/58 | €236,074 | €205,848 | -€30,226 | -12.8% |
| Deferred charges and accrued income | 490/1 | €434 | - | -€434 | |
| Total equity and liabilities | 10/49 | €384,988 | €342,809 | -€42,179 | -11.0% |
| Equity | 10/15 | €50,121 | €52,288 | +€2,167 | +4.3% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €2,500 | €2,500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,500 | €2,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €22,621 | €24,788 | +€2,167 | +9.6% |
| Amounts payable | 17/49 | €334,867 | €290,521 | -€44,346 | -13.2% |
| Amounts payable after more than one year | 17 | €16,308 | €4,013 | -€12,295 | -75.4% |
| Financial debts | 170/4 | €16,308 | €4,013 | -€12,295 | -75.4% |
| Amounts payable within one year | 42/48 | €318,559 | €286,508 | -€32,051 | -10.1% |
| Current portion of amounts payable after more than one year | 42 | €21,275 | €12,293 | -€8,982 | -42.2% |
| Trade debts | 44 | €30,855 | €14,908 | -€15,947 | -51.7% |
| Suppliers | 440/4 | €30,855 | €14,908 | -€15,947 | -51.7% |
| Taxes, remuneration and social security | 45 | €168,897 | €155,465 | -€13,432 | -8.0% |
| Taxes | 450/3 | €159,623 | €141,274 | -€18,349 | -11.5% |
| Remuneration and social security | 454/9 | €9,274 | €14,191 | +€4,917 | +53.0% |
| Other amounts payable | 47/48 | €97,532 | €103,842 | +€6,310 | +6.5% |
| Remuneration, social security and pensions | 62 | €98,327 | €89,162 | -€9,165 | -9.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,183 | €21,495 | -€3,688 | -14.6% |
| Other operating charges | 640/8 | €1,633 | €2,162 | +€529 | +32.4% |
| Gross operating margin | 9900 | €349,115 | €343,052 | -€6,063 | -1.7% |
| Operating profit (loss) | 9901 | €223,972 | €230,233 | +€6,261 | +2.8% |
| Financial charges | 65/66B | €2,289 | €1,027 | -€1,262 | -55.1% |
| Recurring financial charges | 65 | €2,289 | €1,027 | -€1,262 | -55.1% |
| Profit (loss) for the period before taxes | 9903 | €221,683 | €229,206 | +€7,523 | +3.4% |
| Income taxes | 67/77 | €60,649 | €62,039 | +€1,390 | +2.3% |
| Profit (loss) for the period | 9904 | €161,034 | €167,167 | +€6,133 | +3.8% |
| Profit (loss) for the period to be appropriated | 9905 | €161,034 | €167,167 | +€6,133 | +3.8% |
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 15 October 2026 via checked.be.