WG HOLDING: 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.
WG HOLDING
Largest movements
- Receivables within one year +€272,213
up €272,213 (+94,854%), from €287 to €272,500
- Cash +€38,064
up €38,064 (+313%), from €12,160 to €50,224
mainly Net result for the year (+€282,056) and Other debts (+€176,716)
- Reserves +€282,056
up €282,056 (+394%), from €71,575 to €353,631
- Other debts +€176,716
up €176,716 (+39.9%), from €442,643 to €619,358
- Debts after one year -€145,207
down €145,207 (-8.3%), from €1.7m to €1.6m
of which Other amounts payable: -€142,840
- Financial income +€271,300
up €271,300 (+10,191%), from €2,662 to €273,962
- Gross operating margin +€12,796
up €12,796, from -€91 to €12,705
- Taxes +€2,981
up €2,981 (+867%), from €344 to €3,325
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 | €2,264,741 | €2,572,724 | +€307,983 | +13.6% |
| Fixed assets | 21/28 | €2,250,000 | €2,250,000 | = | 0.0% |
| Financial fixed assets | 28 | €2,250,000 | €2,250,000 | = | 0.0% |
| Current assets | 29/58 | €14,741 | €322,724 | +€307,983 | +2,089% |
| Amounts receivable within one year | 40/41 | €287 | €272,500 | +€272,213 | +94,854% |
| Other amounts receivable | 41 | €287 | €272,500 | +€272,213 | +94,854% |
| Cash at bank and in hand | 54/58 | €12,160 | €50,224 | +€38,064 | +313% |
| Deferred charges and accrued income | 490/1 | €2,294 | - | -€2,294 | |
| Total equity and liabilities | 10/49 | €2,264,741 | €2,572,724 | +€307,983 | +13.6% |
| Equity | 10/15 | €71,576 | €353,632 | +€282,056 | +394% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Reserves | 13 | €71,575 | €353,631 | +€282,056 | +394% |
| Distributable reserves | 133 | €71,575 | €353,631 | +€282,056 | +394% |
| Amounts payable | 17/49 | €2,193,165 | €2,219,093 | +€25,927 | +1.2% |
| Amounts payable after more than one year | 17 | €1,740,751 | €1,595,544 | -€145,207 | -8.3% |
| Financial debts | 170/4 | €2,367 | - | -€2,367 | |
| Other amounts payable | 178/9 | €1,738,384 | €1,595,544 | -€142,840 | -8.2% |
| Amounts payable within one year | 42/48 | €452,415 | €623,548 | +€171,134 | +37.8% |
| Current portion of amounts payable after more than one year | 42 | €9,428 | €2,367 | -€7,062 | -74.9% |
| Trade debts | 44 | - | €998 | +€998 | |
| Suppliers | 440/4 | - | €998 | +€998 | |
| Taxes, remuneration and social security | 45 | €344 | €825 | +€481 | +140% |
| Taxes | 450/3 | €344 | €825 | +€481 | +140% |
| Other amounts payable | 47/48 | €442,643 | €619,358 | +€176,716 | +39.9% |
| Other operating charges | 640/8 | €1,149 | €1,184 | +€35 | +3.0% |
| Gross operating margin | 9900 | -€91 | €12,705 | +€12,796 | |
| Operating profit (loss) | 9901 | -€1,240 | €11,521 | +€12,761 | |
| Financial income | 75/76B | €2,662 | €273,962 | +€271,300 | +10,191% |
| Recurring financial income | 75 | €2,662 | €273,962 | +€271,300 | +10,191% |
| Financial charges | 65/66B | €161 | €103 | -€58 | -36.2% |
| Recurring financial charges | 65 | €161 | €103 | -€58 | -36.2% |
| Profit (loss) for the period before taxes | 9903 | €1,261 | €285,381 | +€284,119 | +22,524% |
| Income taxes | 67/77 | €344 | €3,325 | +€2,981 | +867% |
| Profit (loss) for the period | 9904 | €918 | €282,056 | +€281,138 | +30,636% |
| Profit (loss) for the period to be appropriated | 9905 | €918 | €282,056 | +€281,138 | +30,636% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.