WGI: 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.
WGI
Largest movements
- Stocks and contracts +€908,387
up €908,387 (+67.4%), from €1.3m to €2.3m
- Receivables within one year -€86,761
down €86,761 (-81.3%), from €106,700 to €19,939
of which Trade receivables: -€86,761
- Cash +€59,712
up €59,712 (+425.0%), from €14,050 to €73,762
mainly Debts after one year (+€821,794) and Receivables within one year (+€86,761)
- Debts after one year +€821,794
up €821,794 (+59.4%), from €1.4m to €2.2m
- Trade debts +€42,684
up €42,684 (+773.0%), from €5,522 to €48,206
- Financial charges -€40,280
down €40,280 (-97.6%), from €41,282 to €1,002
- Gross operating margin +€7,077
up €7,077 (+82.5%), from -€8,583 to -€1,506
- Other operating charges -€4,890
down €4,890 (-80.6%), from €6,064 to €1,174
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 | €1,468,149 | €2,349,488 | +€881,339 | +60.0% |
| Current assets | 29/58 | €1,468,149 | €2,349,488 | +€881,339 | +60.0% |
| Stocks and contracts in progress | 3 | €1,347,399 | €2,255,786 | +€908,387 | +67.4% |
| Stocks | 30/36 | €1,347,399 | €2,255,786 | +€908,387 | +67.4% |
| Amounts receivable within one year | 40/41 | €106,700 | €19,939 | -€86,761 | -81.3% |
| Trade receivables | 40 | €101,307 | €14,546 | -€86,761 | -85.6% |
| Other amounts receivable | 41 | €5,393 | €5,393 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €14,050 | €73,762 | +€59,712 | +425.0% |
| Total equity and liabilities | 10/49 | €1,468,149 | €2,349,488 | +€881,339 | +60.0% |
| Equity | 10/15 | €10,902 | €7,220 | -€3,682 | -33.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €0 | - | = | |
| Distributable reserves | 133 | €0 | - | = | |
| Profit (loss) carried forward | 14 | -€7,698 | -€11,380 | -€3,682 | -47.8% |
| Amounts payable | 17/49 | €1,457,246 | €2,342,267 | +€885,021 | +60.7% |
| Amounts payable after more than one year | 17 | €1,383,024 | €2,204,818 | +€821,794 | +59.4% |
| Financial debts | 170/4 | €1,383,024 | €2,204,818 | +€821,794 | +59.4% |
| Amounts payable within one year | 42/48 | €53,338 | €116,285 | +€62,947 | +118.0% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €5,522 | €48,206 | +€42,684 | +773.0% |
| Suppliers | 440/4 | €5,522 | €48,206 | +€42,684 | +773.0% |
| Advances received on contracts in progress | 46 | €1,835 | €0 | -€1,835 | -100.0% |
| Taxes, remuneration and social security | 45 | €899 | €1,621 | +€722 | +80.3% |
| Taxes | 450/3 | €899 | €1,621 | +€722 | +80.3% |
| Other amounts payable | 47/48 | €45,083 | €66,458 | +€21,375 | +47.4% |
| Accrued charges and deferred income | 492/3 | €20,884 | €21,164 | +€280 | +1.3% |
| Other operating charges | 640/8 | €6,064 | €1,174 | -€4,890 | -80.6% |
| Gross operating margin | 9900 | -€8,583 | -€1,506 | +€7,077 | +82.5% |
| Operating profit (loss) | 9901 | -€14,648 | -€2,680 | +€11,967 | +81.7% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €41,282 | €1,002 | -€40,280 | -97.6% |
| Recurring financial charges | 65 | €41,282 | €1,002 | -€40,280 | -97.6% |
| Profit (loss) for the period before taxes | 9903 | -€55,929 | -€3,682 | +€52,248 | +93.4% |
| Income taxes | 67/77 | €34 | €0 | -€34 | -100.0% |
| Profit (loss) for the period | 9904 | -€55,964 | -€3,682 | +€52,282 | +93.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€55,964 | -€3,682 | +€52,282 | +93.4% |
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 2 October 2026 via checked.be.