WG&CC: 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.
WG&CC
Largest movements
- Receivables within one year +€661,157
up €661,157 (+9728.1%), from €6,796 to €667,953
of which Other amounts receivable: +€541,367
- Tangible fixed assets -€514,012
down €514,012 (-84.2%), from €610,612 to €96,601
of which Land and buildings: -€610,612
- Cash +€7,855
new in 2025: €7,855
mainly Investment in fixed assets (net) (+€513,826) and Contributions, distributions and other (+€321,983)
- Debts after one year -€536,397
no longer reported in 2025 (was €536,397)
- Reserves +€321,983
new in 2025: €321,983
- Other debts +€264,971
up €264,971 (+211.9%), from €125,029 to €390,000
- Provisions +€107,328
new in 2025: €107,328
- Trade debts -€46,504
down €46,504 (-63.9%), from €72,786 to €26,281
- Financial income +€428,885
up €428,885 (+85348.6%), from €503 to €429,388
- Gross operating margin +€31,435
up €31,435 (+204.8%), from €15,352 to €46,788
- Financial charges -€23,212
down €23,212 (-44.0%), from €52,813 to €29,600
- Depreciation -€20,905
down €20,905 (-99.1%), from €21,090 to €186
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 | €617,547 | €772,409 | +€154,861 | +25.1% |
| Fixed assets | 21/28 | €610,612 | €96,601 | -€514,012 | -84.2% |
| Tangible fixed assets | 22/27 | €610,612 | €96,601 | -€514,012 | -84.2% |
| Land and buildings | 22 | €610,612 | - | -€610,612 | |
| Plant, machinery and equipment | 23 | - | €96,601 | +€96,601 | |
| Current assets | 29/58 | €6,935 | €675,808 | +€668,873 | +9645.2% |
| Amounts receivable within one year | 40/41 | €6,796 | €667,953 | +€661,157 | +9728.1% |
| Trade receivables | 40 | €6,740 | €126,530 | +€119,790 | +1777.2% |
| Other amounts receivable | 41 | €56 | €541,423 | +€541,367 | +966035.9% |
| Cash at bank and in hand | 54/58 | - | €7,855 | +€7,855 | |
| Deferred charges and accrued income | 490/1 | €138 | - | -€138 | |
| Total equity and liabilities | 10/49 | €617,547 | €772,409 | +€154,861 | +25.1% |
| Equity | 10/15 | -€119,644 | €203,728 | +€323,372 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | - | €321,983 | +€321,983 | |
| Tax-exempt reserves | 132 | - | €321,983 | +€321,983 | |
| Profit (loss) carried forward | 14 | -€138,244 | -€136,855 | +€1,389 | +1.0% |
| Provisions and deferred taxes | 16 | - | €107,328 | +€107,328 | |
| Deferred taxes | 168 | - | €107,328 | +€107,328 | |
| Amounts payable | 17/49 | €737,191 | €461,353 | -€275,838 | -37.4% |
| Amounts payable after more than one year | 17 | €536,397 | - | -€536,397 | |
| Financial debts | 170/4 | €536,397 | - | -€536,397 | |
| Amounts payable within one year | 42/48 | €200,794 | €419,261 | +€218,467 | +108.8% |
| Current portion of amounts payable after more than one year | 42 | €2,980 | €2,980 | = | 0.0% |
| Trade debts | 44 | €72,786 | €26,281 | -€46,504 | -63.9% |
| Suppliers | 440/4 | €72,786 | €26,281 | -€46,504 | -63.9% |
| Other amounts payable | 47/48 | €125,029 | €390,000 | +€264,971 | +211.9% |
| Accrued charges and deferred income | 492/3 | - | €42,091 | +€42,091 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,090 | €186 | -€20,905 | -99.1% |
| Other operating charges | 640/8 | €15,803 | €15,689 | -€113 | -0.7% |
| Gross operating margin | 9900 | €15,352 | €46,788 | +€31,435 | +204.8% |
| Operating profit (loss) | 9901 | -€21,541 | €30,912 | +€52,453 | |
| Financial income | 75/76B | €503 | €429,388 | +€428,885 | +85348.6% |
| Recurring financial income | 75 | €503 | €429,388 | +€428,885 | +85348.6% |
| Financial charges | 65/66B | €52,813 | €29,600 | -€23,212 | -44.0% |
| Recurring financial charges | 65 | €52,813 | €29,600 | -€23,212 | -44.0% |
| Profit (loss) for the period before taxes | 9903 | -€73,851 | €430,700 | +€504,550 | |
| Transfer from deferred taxes | 780 | - | €77 | +€77 | |
| Transfer to deferred taxes | 680 | - | €429,388 | +€429,388 | |
| Profit (loss) for the period | 9904 | -€73,851 | €1,389 | +€75,240 | |
| Profit (loss) for the period to be appropriated | 9905 | -€73,851 | €1,389 | +€75,240 |
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 8 October 2026 via checked.be.