WDV Trans: 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.
WDV Trans
Largest movements
- Tangible fixed assets -€47,194
down €47,194 (-22.6%), from €209,025 to €161,831
of which Leasing and similar rights: -€28,319
- Receivables within one year -€38,650
down €38,650 (-48.4%), from €79,855 to €41,205
of which Trade receivables: -€30,728
- Cash +€36,407
up €36,407 (+134.3%), from €27,103 to €63,510
mainly Depreciation (+€49,193) and Receivables within one year (+€38,650)
- Deferred charges and accrued income +€4,002
up €4,002 (+144.7%), from €2,765 to €6,767
- Trade debts -€25,796
down €25,796 (-84.6%), from €30,485 to €4,689
- Debts after one year -€12,435
down €12,435 (-8.8%), from €140,889 to €128,454
- Tax, wage and social debts -€8,642
down €8,642 (-40.3%), from €21,431 to €12,790
of which Remuneration and social security: -€7,383
- Current portion of long-term debt +€6,997
up €6,997 (+11.4%), from €61,439 to €68,435
- Other debts -€5,261
down €5,261 (-11.5%), from €45,756 to €40,495
- Gross operating margin -€67,582
down €67,582 (-31.8%), from €212,712 to €145,129
- Staff costs -€37,639
down €37,639 (-40.9%), from €92,095 to €54,456
- Other operating charges -€27,459
down €27,459 (-47.3%), from €58,080 to €30,621
- Depreciation +€14,208
up €14,208 (+40.6%), from €34,985 to €49,193
- Taxes -€5,349
down €5,349 (-83.5%), from €6,408 to €1,059
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 | €319,018 | €273,718 | -€45,300 | -14.2% |
| Fixed assets | 21/28 | €209,295 | €162,236 | -€47,059 | -22.5% |
| Tangible fixed assets | 22/27 | €209,025 | €161,831 | -€47,194 | -22.6% |
| Plant, machinery and equipment | 23 | €536 | €1,069 | +€533 | +99.3% |
| Furniture and vehicles | 24 | €87,765 | €68,357 | -€19,408 | -22.1% |
| Leasing and similar rights | 25 | €120,724 | €92,405 | -€28,319 | -23.5% |
| Financial fixed assets | 28 | €270 | €405 | +€135 | +50.0% |
| Current assets | 29/58 | €109,723 | €111,482 | +€1,759 | +1.6% |
| Amounts receivable within one year | 40/41 | €79,855 | €41,205 | -€38,650 | -48.4% |
| Trade receivables | 40 | €69,522 | €38,795 | -€30,728 | -44.2% |
| Other amounts receivable | 41 | €10,332 | €2,410 | -€7,923 | -76.7% |
| Cash at bank and in hand | 54/58 | €27,103 | €63,510 | +€36,407 | +134.3% |
| Deferred charges and accrued income | 490/1 | €2,765 | €6,767 | +€4,002 | +144.7% |
| Total equity and liabilities | 10/49 | €319,018 | €273,718 | -€45,300 | -14.2% |
| Equity | 10/15 | €19,018 | €17,744 | -€1,274 | -6.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €16,018 | €16,018 | = | 0.0% |
| Distributable reserves | 133 | €16,018 | €16,018 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | -€1,274 | -€1,274 | |
| Amounts payable | 17/49 | €300,000 | €255,974 | -€44,026 | -14.7% |
| Amounts payable after more than one year | 17 | €140,889 | €128,454 | -€12,435 | -8.8% |
| Financial debts | 170/4 | €140,889 | €128,454 | -€12,435 | -8.8% |
| Amounts payable within one year | 42/48 | €159,111 | €126,409 | -€32,703 | -20.6% |
| Current portion of amounts payable after more than one year | 42 | €61,439 | €68,435 | +€6,997 | +11.4% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €30,485 | €4,689 | -€25,796 | -84.6% |
| Suppliers | 440/4 | €30,485 | €4,689 | -€25,796 | -84.6% |
| Taxes, remuneration and social security | 45 | €21,431 | €12,790 | -€8,642 | -40.3% |
| Taxes | 450/3 | €10,263 | €9,004 | -€1,259 | -12.3% |
| Remuneration and social security | 454/9 | €11,168 | €3,786 | -€7,383 | -66.1% |
| Other amounts payable | 47/48 | €45,756 | €40,495 | -€5,261 | -11.5% |
| Accrued charges and deferred income | 492/3 | €0 | €1,111 | +€1,111 | |
| Non-recurring operating income | 76A | €4,361 | €0 | -€4,361 | -100.0% |
| Remuneration, social security and pensions | 62 | €92,095 | €54,456 | -€37,639 | -40.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,985 | €49,193 | +€14,208 | +40.6% |
| Other operating charges | 640/8 | €58,080 | €30,621 | -€27,459 | -47.3% |
| Gross operating margin | 9900 | €212,712 | €145,129 | -€67,582 | -31.8% |
| Operating profit (loss) | 9901 | €27,552 | €10,859 | -€16,693 | -60.6% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €9,574 | €10,241 | +€668 | +7.0% |
| Recurring financial charges | 65 | €9,574 | €10,241 | +€668 | +7.0% |
| Profit (loss) for the period before taxes | 9903 | €17,979 | €618 | -€17,361 | -96.6% |
| Income taxes | 67/77 | €6,408 | €1,059 | -€5,349 | -83.5% |
| Profit (loss) for the period | 9904 | €11,571 | -€441 | -€12,012 | |
| Profit (loss) for the period to be appropriated | 9905 | €11,571 | -€441 | -€12,012 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.