WDM TECHNICS: 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.
WDM TECHNICS
Largest movements
- Receivables within one year -€31,651
down €31,651 (-72.2%), from €43,818 to €12,167
of which Trade receivables: -€30,715
- Tangible fixed assets -€6,798
down €6,798 (-29.7%), from €22,873 to €16,075
of which Furniture and vehicles: -€4,507
- Cash -€3,610
down €3,610 (-8.2%), from €43,770 to €40,160
mainly Advances received (-€12,357) and Tax, wage and social debts (-€10,771)
- Financial fixed assets +€2,550
new in 2024: €2,550
- Advances received -€12,357
down €12,357 (-36.8%), from €33,601 to €21,244
- Tax, wage and social debts -€10,771
down €10,771 (-33.3%), from €32,391 to €21,620
of which Remuneration and social security: -€10,605
- Trade debts -€9,202
down €9,202 (-95.6%), from €9,625 to €424
- Debts after one year -€7,304
down €7,304 (-73.0%), from €10,000 to €2,696
- Current portion of long-term debt +€3,652
new in 2024: €3,652
- Gross operating margin -€29,154
down €29,154 (-31.8%), from €91,666 to €62,512
- Staff costs -€5,321
down €5,321 (-8.5%), from €62,748 to €57,427
- Taxes -€4,951
no longer reported in 2024 (was €4,951)
- Depreciation +€3,714
up €3,714 (+117.4%), from €3,164 to €6,877
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €110,461 | €70,953 | -€39,508 | -35.8% |
| Fixed assets | 21/28 | €22,873 | €18,625 | -€4,248 | -18.6% |
| Tangible fixed assets | 22/27 | €22,873 | €16,075 | -€6,798 | -29.7% |
| Plant, machinery and equipment | 23 | €10,684 | €8,393 | -€2,291 | -21.4% |
| Furniture and vehicles | 24 | €12,189 | €7,682 | -€4,507 | -37.0% |
| Financial fixed assets | 28 | - | €2,550 | +€2,550 | |
| Current assets | 29/58 | €87,588 | €52,328 | -€35,260 | -40.3% |
| Amounts receivable within one year | 40/41 | €43,818 | €12,167 | -€31,651 | -72.2% |
| Trade receivables | 40 | €42,883 | €12,167 | -€30,715 | -71.6% |
| Other amounts receivable | 41 | €935 | - | -€935 | |
| Cash at bank and in hand | 54/58 | €43,770 | €40,160 | -€3,610 | -8.2% |
| Total equity and liabilities | 10/49 | €110,461 | €70,953 | -€39,508 | -35.8% |
| Equity | 10/15 | €24,804 | €21,317 | -€3,487 | -14.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €19,804 | €16,317 | -€3,487 | -17.6% |
| Amounts payable | 17/49 | €85,656 | €49,636 | -€36,021 | -42.1% |
| Amounts payable after more than one year | 17 | €10,000 | €2,696 | -€7,304 | -73.0% |
| Financial debts | 170/4 | €10,000 | €2,696 | -€7,304 | -73.0% |
| Amounts payable within one year | 42/48 | €75,656 | €46,940 | -€28,717 | -38.0% |
| Current portion of amounts payable after more than one year | 42 | - | €3,652 | +€3,652 | |
| Trade debts | 44 | €9,625 | €424 | -€9,202 | -95.6% |
| Suppliers | 440/4 | €9,625 | €424 | -€9,202 | -95.6% |
| Advances received on contracts in progress | 46 | €33,601 | €21,244 | -€12,357 | -36.8% |
| Taxes, remuneration and social security | 45 | €32,391 | €21,620 | -€10,771 | -33.3% |
| Taxes | 450/3 | €9,767 | €9,601 | -€166 | -1.7% |
| Remuneration and social security | 454/9 | €22,624 | €12,019 | -€10,605 | -46.9% |
| Other amounts payable | 47/48 | €39 | - | -€39 | |
| Non-recurring operating income | 76A | €8,185 | - | -€8,185 | |
| Remuneration, social security and pensions | 62 | €62,748 | €57,427 | -€5,321 | -8.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,164 | €6,877 | +€3,714 | +117.4% |
| Other operating charges | 640/8 | €738 | €1,165 | +€427 | +57.9% |
| Gross operating margin | 9900 | €91,666 | €62,512 | -€29,154 | -31.8% |
| Operating profit (loss) | 9901 | €25,016 | -€2,957 | -€27,973 | |
| Financial charges | 65/66B | €261 | €530 | +€269 | +103.3% |
| Recurring financial charges | 65 | €261 | €530 | +€269 | +103.3% |
| Profit (loss) for the period before taxes | 9903 | €24,756 | -€3,487 | -€28,243 | |
| Income taxes | 67/77 | €4,951 | - | -€4,951 | |
| Profit (loss) for the period | 9904 | €19,804 | -€3,487 | -€23,292 | |
| Profit (loss) for the period to be appropriated | 9905 | €19,804 | -€3,487 | -€23,292 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.