WDS PROCESS: 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.
WDS PROCESS
Largest movements
- Cash +€17,227
up €17,227 (+48.8%), from €35,298 to €52,525
mainly Net result for the year (+€14,592) and Depreciation (+€4,477)
- Receivables within one year +€2,165
up €2,165 (+17.3%), from €12,523 to €14,688
of which Trade receivables: +€2,218
- Reserves +€15,000
up €15,000 (+34.9%), from €43,000 to €58,000
- Tax, wage and social debts +€3,692
up €3,692 (+32.7%), from €11,274 to €14,966
- Gross operating margin -€2,720
down €2,720 (-9.1%), from €29,728 to €27,008
- Depreciation +€1,047
up €1,047 (+30.5%), from €3,430 to €4,477
- Other operating charges +€433
up €433 (+256.2%), from €169 to €602
- Financial charges -€302
down €302 (-11.7%), from €2,585 to €2,283
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 | €62,804 | €81,927 | +€19,123 | +30.4% |
| Fixed assets | 21/28 | €14,744 | €14,446 | -€298 | -2.0% |
| Tangible fixed assets | 22/27 | €14,744 | €14,446 | -€298 | -2.0% |
| Land and buildings | 22 | €1,918 | - | -€1,918 | |
| Plant, machinery and equipment | 23 | - | €3,243 | +€3,243 | |
| Furniture and vehicles | 24 | €4,296 | €3,339 | -€957 | -22.3% |
| Other tangible fixed assets | 26 | €8,530 | €7,864 | -€666 | -7.8% |
| Current assets | 29/58 | €48,060 | €67,481 | +€19,421 | +40.4% |
| Amounts receivable within one year | 40/41 | €12,523 | €14,688 | +€2,165 | +17.3% |
| Trade receivables | 40 | €12,470 | €14,688 | +€2,218 | +17.8% |
| Other amounts receivable | 41 | €53 | - | -€53 | |
| Cash at bank and in hand | 54/58 | €35,298 | €52,525 | +€17,227 | +48.8% |
| Deferred charges and accrued income | 490/1 | €239 | €268 | +€29 | +12.1% |
| Total equity and liabilities | 10/49 | €62,804 | €81,927 | +€19,123 | +30.4% |
| Equity | 10/15 | €49,346 | €63,938 | +€14,592 | +29.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Capital | 10 | €5,000 | €5,000 | = | 0.0% |
| Issued capital | 100 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €43,000 | €58,000 | +€15,000 | +34.9% |
| Distributable reserves | 133 | €43,000 | €58,000 | +€15,000 | +34.9% |
| Profit (loss) carried forward | 14 | €1,346 | €938 | -€408 | -30.3% |
| Amounts payable | 17/49 | €13,458 | €17,989 | +€4,531 | +33.7% |
| Amounts payable within one year | 42/48 | €13,458 | €17,989 | +€4,531 | +33.7% |
| Trade debts | 44 | €2,184 | €2,906 | +€722 | +33.1% |
| Suppliers | 440/4 | €2,184 | €2,906 | +€722 | +33.1% |
| Taxes, remuneration and social security | 45 | €11,274 | €14,966 | +€3,692 | +32.7% |
| Taxes | 450/3 | €11,274 | €14,966 | +€3,692 | +32.7% |
| Other amounts payable | 47/48 | - | €117 | +€117 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,430 | €4,477 | +€1,047 | +30.5% |
| Other operating charges | 640/8 | €169 | €602 | +€433 | +256.2% |
| Gross operating margin | 9900 | €29,728 | €27,008 | -€2,720 | -9.1% |
| Operating profit (loss) | 9901 | €26,129 | €21,929 | -€4,200 | -16.1% |
| Financial income | 75/76B | €51 | €2 | -€49 | -96.1% |
| Recurring financial income | 75 | €51 | €2 | -€49 | -96.1% |
| Financial charges | 65/66B | €2,585 | €2,283 | -€302 | -11.7% |
| Recurring financial charges | 65 | €2,585 | €2,283 | -€302 | -11.7% |
| Profit (loss) for the period before taxes | 9903 | €23,595 | €19,648 | -€3,947 | -16.7% |
| Income taxes | 67/77 | €5,209 | €5,056 | -€153 | -2.9% |
| Profit (loss) for the period | 9904 | €18,386 | €14,592 | -€3,794 | -20.6% |
| Profit (loss) for the period to be appropriated | 9905 | €18,386 | €14,592 | -€3,794 | -20.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.