WG-CONCEPT: 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-CONCEPT
Largest movements
- Receivables within one year -€7,774
down €7,774 (-10.5%), from €74,115 to €66,341
of which Trade receivables: -€9,595
- Cash -€5,386
down €5,386 (-8.7%), from €61,897 to €56,512
mainly Net result for the year (-€22,422) and Tax, wage and social debts (-€6,967)
- Reserves -€19,057
down €19,057 (-19.9%), from €95,586 to €76,529
- Debts after one year +€11,629
new in 2025: €11,629
- Tax, wage and social debts -€6,967
down €6,967 (-23.8%), from €29,234 to €22,268
of which Taxes: -€5,967
- Profit (loss) carried forward -€3,365
down €3,365 (-100.0%), from €3,365 to €0
- Current portion of long-term debt +€2,982
up €2,982, from €0 to €2,982
- Gross operating margin -€31,891
down €31,891, from €15,300 to -€16,592
- Taxes -€6,221
down €6,221 (-100.0%), from €6,221 to €0
- Other operating charges +€5,971
up €5,971 (+283.2%), from €2,108 to €8,079
- Financial income +€3,267
up €3,267 (+333342.9%), from €1 to €3,268
- Financial charges +€753
up €753 (+282.3%), from €267 to €1,020
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 | €136,194 | €122,852 | -€13,341 | -9.8% |
| Fixed assets | 21/28 | €182 | €0 | -€182 | -100.0% |
| Financial fixed assets | 28 | €182 | €0 | -€182 | -100.0% |
| Current assets | 29/58 | €136,012 | €122,852 | -€13,160 | -9.7% |
| Amounts receivable within one year | 40/41 | €74,115 | €66,341 | -€7,774 | -10.5% |
| Trade receivables | 40 | €14,883 | €5,288 | -€9,595 | -64.5% |
| Other amounts receivable | 41 | €59,232 | €61,053 | +€1,821 | +3.1% |
| Cash at bank and in hand | 54/58 | €61,897 | €56,512 | -€5,386 | -8.7% |
| Total equity and liabilities | 10/49 | €136,194 | €122,852 | -€13,341 | -9.8% |
| Equity | 10/15 | €105,151 | €82,729 | -€22,422 | -21.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €95,586 | €76,529 | -€19,057 | -19.9% |
| Distributable reserves | 133 | €95,586 | €76,529 | -€19,057 | -19.9% |
| Profit (loss) carried forward | 14 | €3,365 | €0 | -€3,365 | -100.0% |
| Amounts payable | 17/49 | €31,043 | €40,124 | +€9,081 | +29.3% |
| Amounts payable after more than one year | 17 | - | €11,629 | +€11,629 | |
| Financial debts | 170/4 | - | €11,629 | +€11,629 | |
| Amounts payable within one year | 42/48 | €30,655 | €28,495 | -€2,160 | -7.0% |
| Current portion of amounts payable after more than one year | 42 | €0 | €2,982 | +€2,982 | |
| Trade debts | 44 | €1,421 | €3,245 | +€1,824 | +128.4% |
| Suppliers | 440/4 | €1,421 | €3,245 | +€1,824 | +128.4% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €29,234 | €22,268 | -€6,967 | -23.8% |
| Taxes | 450/3 | €26,234 | €20,268 | -€5,967 | -22.7% |
| Remuneration and social security | 454/9 | €3,000 | €2,000 | -€1,000 | -33.3% |
| Accrued charges and deferred income | 492/3 | €387 | €0 | -€387 | -100.0% |
| Other operating charges | 640/8 | €2,108 | €8,079 | +€5,971 | +283.2% |
| Gross operating margin | 9900 | €15,300 | -€16,592 | -€31,891 | |
| Operating profit (loss) | 9901 | €13,191 | -€24,671 | -€37,862 | |
| Financial income | 75/76B | €1 | €3,268 | +€3,267 | +333342.9% |
| Recurring financial income | 75 | €1 | €3,268 | +€3,267 | +333342.9% |
| Financial charges | 65/66B | €267 | €1,020 | +€753 | +282.3% |
| Recurring financial charges | 65 | €267 | €1,020 | +€753 | +282.3% |
| Profit (loss) for the period before taxes | 9903 | €12,926 | -€22,422 | -€35,348 | |
| Income taxes | 67/77 | €6,221 | €0 | -€6,221 | -100.0% |
| Profit (loss) for the period | 9904 | €6,705 | -€22,422 | -€29,127 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,705 | -€22,422 | -€29,127 |
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 5 October 2026 via checked.be.