WDS GROUP: 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.
WDS GROUP
Largest movements
- Receivables within one year +€20,681
up €20,681 (+316.4%), from €6,536 to €27,217
of which Trade receivables: +€16,329
- Cash +€18,592
up €18,592 (+12869.8%), from €144 to €18,736
mainly Net result for the year (+€43,206) and Other debts (+€30,304)
- Tangible fixed assets +€17,105
up €17,105 (+2929.9%), from €584 to €17,689
- Deferred charges and accrued income +€1,616
new in 2025: €1,616
- Other debts +€30,304
up €30,304 (+1534.8%), from €1,974 to €32,278
- Tax, wage and social debts +€28,454
new in 2025: €28,454
- Contributions -€1,200
down €1,200 (-45.3%), from €2,650 to €1,450
- Gross operating margin +€64,636
up €64,636 (+891.9%), from €7,247 to €71,883
- Taxes +€19,854
new in 2025: €19,854
- Staff costs +€3,831
up €3,831 (+331.3%), from €1,156 to €4,987
- Other operating charges +€1,904
up €1,904 (+476.6%), from €399 to €2,303
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 | €7,264 | €65,258 | +€57,994 | +798.3% |
| Fixed assets | 21/28 | €584 | €17,689 | +€17,105 | +2929.9% |
| Tangible fixed assets | 22/27 | €584 | €17,689 | +€17,105 | +2929.9% |
| Furniture and vehicles | 24 | €584 | €17,689 | +€17,105 | +2929.9% |
| Current assets | 29/58 | €6,680 | €47,569 | +€40,889 | +612.1% |
| Amounts receivable within one year | 40/41 | €6,536 | €27,217 | +€20,681 | +316.4% |
| Trade receivables | 40 | €6,350 | €22,679 | +€16,329 | +257.1% |
| Other amounts receivable | 41 | €186 | €4,538 | +€4,352 | +2340.5% |
| Cash at bank and in hand | 54/58 | €144 | €18,736 | +€18,592 | +12869.8% |
| Deferred charges and accrued income | 490/1 | - | €1,616 | +€1,616 | |
| Total equity and liabilities | 10/49 | €7,264 | €65,258 | +€57,994 | +798.3% |
| Equity | 10/15 | €4,931 | €3,936 | -€994 | -20.2% |
| Contributions | 10/11 | €2,650 | €1,450 | -€1,200 | -45.3% |
| Profit (loss) carried forward | 14 | €2,281 | €2,486 | +€206 | +9.0% |
| Amounts payable | 17/49 | €2,334 | €61,322 | +€58,988 | +2527.9% |
| Amounts payable within one year | 42/48 | €2,334 | €61,322 | +€58,988 | +2527.9% |
| Trade debts | 44 | €359 | €590 | +€230 | +64.2% |
| Suppliers | 440/4 | €359 | €590 | +€230 | +64.2% |
| Taxes, remuneration and social security | 45 | - | €28,454 | +€28,454 | |
| Taxes | 450/3 | - | €28,454 | +€28,454 | |
| Other amounts payable | 47/48 | €1,974 | €32,278 | +€30,304 | +1534.8% |
| Remuneration, social security and pensions | 62 | €1,156 | €4,987 | +€3,831 | +331.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,500 | €1,477 | -€23 | -1.5% |
| Other operating charges | 640/8 | €399 | €2,303 | +€1,904 | +476.6% |
| Gross operating margin | 9900 | €7,247 | €71,883 | +€64,636 | +891.9% |
| Operating profit (loss) | 9901 | €4,191 | €63,115 | +€58,924 | +1405.9% |
| Financial charges | 65/66B | €59 | €56 | -€3 | -5.4% |
| Recurring financial charges | 65 | €59 | €56 | -€3 | -5.4% |
| Profit (loss) for the period before taxes | 9903 | €4,132 | €63,060 | +€58,928 | +1426.0% |
| Income taxes | 67/77 | - | €19,854 | +€19,854 | |
| Profit (loss) for the period | 9904 | €4,132 | €43,206 | +€39,073 | +945.5% |
| Profit (loss) for the period to be appropriated | 9905 | €4,132 | €43,206 | +€39,073 | +945.5% |
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 10 October 2026 via checked.be.