WDW 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.
WDW SERVICES
Largest movements
- Current investments -€200,000
down €200,000 (-54.4%), from €367,478 to €167,478
- Cash +€175,623
up €175,623 (+182%), from €96,250 to €271,873
mainly Depreciation (+€374,866) and Net result for the year (+€370,373)
- Receivables within one year -€137,579
down €137,579 (-56.7%), from €242,705 to €105,126
of which Other amounts receivable: -€129,121
- Tangible fixed assets +€125,837
up €125,837 (+2.2%), from €5.8m to €5.9m
of which Land and buildings: +€120,059
- Debts after one year -€461,327
down €461,327 (-18.1%), from €2.6m to €2.1m
of which Financial debts: -€461,327
- Reserves +€255,373
up €255,373 (+9.3%), from €2.7m to €3.0m
of which Distributable reserves: +€269,824
- Other debts +€161,386
up €161,386 (+72.8%), from €221,592 to €382,978
- Gross operating margin -€89,835
down €89,835 (-8.1%), from €1.1m to €1.0m
- Depreciation +€44,343
up €44,343 (+13.4%), from €330,522 to €374,866
- Taxes -€37,364
down €37,364 (-16.7%), from €223,594 to €186,231
- Financial charges -€14,134
down €14,134 (-17.0%), from €83,299 to €69,165
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 | €6,494,863 | €6,459,703 | -€35,160 | -0.5% |
| Fixed assets | 21/28 | €5,778,690 | €5,904,527 | +€125,837 | +2.2% |
| Tangible fixed assets | 22/27 | €5,776,690 | €5,902,527 | +€125,837 | +2.2% |
| Land and buildings | 22 | €5,748,612 | €5,868,671 | +€120,059 | +2.1% |
| Plant, machinery and equipment | 23 | €590 | €7,091 | +€6,501 | +1,102% |
| Furniture and vehicles | 24 | €27,488 | €26,765 | -€723 | -2.6% |
| Financial fixed assets | 28 | €2,000 | €2,000 | = | 0.0% |
| Current assets | 29/58 | €716,174 | €555,177 | -€160,997 | -22.5% |
| Amounts receivable within one year | 40/41 | €242,705 | €105,126 | -€137,579 | -56.7% |
| Trade receivables | 40 | €88,457 | €80,000 | -€8,457 | -9.6% |
| Other amounts receivable | 41 | €154,248 | €25,126 | -€129,121 | -83.7% |
| Current investments | 50/53 | €367,478 | €167,478 | -€200,000 | -54.4% |
| Cash at bank and in hand | 54/58 | €96,250 | €271,873 | +€175,623 | +182% |
| Deferred charges and accrued income | 490/1 | €9,739 | €10,699 | +€959 | +9.9% |
| Total equity and liabilities | 10/49 | €6,494,863 | €6,459,703 | -€35,160 | -0.5% |
| Equity | 10/15 | €3,061,844 | €3,317,216 | +€255,373 | +8.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €2,732,905 | €2,988,278 | +€255,373 | +9.3% |
| Tax-exempt reserves | 132 | €113,795 | €99,343 | -€14,452 | -12.7% |
| Distributable reserves | 133 | €2,619,111 | €2,888,935 | +€269,824 | +10.3% |
| Profit (loss) carried forward | 14 | €322,739 | €322,739 | = | 0.0% |
| Provisions and deferred taxes | 16 | €37,743 | €32,926 | -€4,817 | -12.8% |
| Deferred taxes | 168 | €37,743 | €32,926 | -€4,817 | -12.8% |
| Amounts payable | 17/49 | €3,395,276 | €3,109,561 | -€285,715 | -8.4% |
| Amounts payable after more than one year | 17 | €2,554,595 | €2,093,268 | -€461,327 | -18.1% |
| Financial debts | 170/4 | €2,553,695 | €2,092,368 | -€461,327 | -18.1% |
| Other amounts payable | 178/9 | €900 | €900 | = | 0.0% |
| Amounts payable within one year | 42/48 | €840,681 | €1,016,293 | +€175,612 | +20.9% |
| Current portion of amounts payable after more than one year | 42 | €471,918 | €463,806 | -€8,112 | -1.7% |
| Financial debts | 43 | €67,683 | €81,792 | +€14,109 | +20.8% |
| Credit institutions | 430/8 | €67,683 | €81,792 | +€14,109 | +20.8% |
| Trade debts | 44 | €27,977 | €49,234 | +€21,257 | +76.0% |
| Suppliers | 440/4 | €27,977 | €49,234 | +€21,257 | +76.0% |
| Taxes, remuneration and social security | 45 | €51,511 | €38,482 | -€13,029 | -25.3% |
| Taxes | 450/3 | €51,511 | €38,482 | -€13,029 | -25.3% |
| Other amounts payable | 47/48 | €221,592 | €382,978 | +€161,386 | +72.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €330,522 | €374,866 | +€44,343 | +13.4% |
| Other operating charges | 640/8 | €22,710 | €23,949 | +€1,239 | +5.5% |
| Gross operating margin | 9900 | €1,107,515 | €1,017,680 | -€89,835 | -8.1% |
| Operating profit (loss) | 9901 | €754,282 | €618,866 | -€135,417 | -18.0% |
| Financial income | 75/76B | €8,452 | €2,085 | -€6,367 | -75.3% |
| Recurring financial income | 75 | €8,452 | €2,085 | -€6,367 | -75.3% |
| Financial charges | 65/66B | €83,299 | €69,165 | -€14,134 | -17.0% |
| Recurring financial charges | 65 | €83,299 | €69,165 | -€14,134 | -17.0% |
| Profit (loss) for the period before taxes | 9903 | €679,436 | €551,786 | -€127,650 | -18.8% |
| Transfer from deferred taxes | 780 | €4,817 | €4,817 | = | 0.0% |
| Income taxes | 67/77 | €223,594 | €186,231 | -€37,364 | -16.7% |
| Profit (loss) for the period | 9904 | €460,659 | €370,373 | -€90,286 | -19.6% |
| Transfer from tax-exempt reserves | 789 | €14,452 | €14,452 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €475,110 | €384,824 | -€90,286 | -19.0% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.