WGMV Management: 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.
WGMV Management
Largest movements
- Cash +€142,077
up €142,077 (+306.4%), from €46,369 to €188,446
mainly Net result for the year (+€110,532) and Tax, wage and social debts (+€29,659)
- Reserves +€108,866
up €108,866 (+265.4%), from €41,017 to €149,883
- Tax, wage and social debts +€29,659
up €29,659 (+112.0%), from €26,477 to €56,137
- Gross operating margin +€96,788
up €96,788 (+163.0%), from €59,389 to €156,177
- Taxes +€29,612
up €29,612 (+191.2%), from €15,487 to €45,099
- Depreciation -€2,395
no longer reported in 2025 (was €2,395)
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 | €69,631 | €210,013 | +€140,382 | +201.6% |
| Fixed assets | 21/28 | €37 | €37 | = | 0.0% |
| Financial fixed assets | 28 | €37 | €37 | = | 0.0% |
| Current assets | 29/58 | €69,594 | €209,976 | +€140,382 | +201.7% |
| Amounts receivable within one year | 40/41 | €21,980 | €20,284 | -€1,696 | -7.7% |
| Trade receivables | 40 | €21,980 | €20,284 | -€1,696 | -7.7% |
| Cash at bank and in hand | 54/58 | €46,369 | €188,446 | +€142,077 | +306.4% |
| Deferred charges and accrued income | 490/1 | €1,245 | €1,245 | = | 0.0% |
| Total equity and liabilities | 10/49 | €69,631 | €210,013 | +€140,382 | +201.6% |
| Equity | 10/15 | €41,137 | €150,003 | +€108,866 | +264.6% |
| Contributions | 10/11 | €120 | €120 | = | 0.0% |
| Reserves | 13 | €41,017 | €149,883 | +€108,866 | +265.4% |
| Distributable reserves | 133 | €41,017 | €149,883 | +€108,866 | +265.4% |
| Amounts payable | 17/49 | €28,494 | €60,010 | +€31,516 | +110.6% |
| Amounts payable within one year | 42/48 | €26,994 | €58,435 | +€31,441 | +116.5% |
| Trade debts | 44 | €517 | €552 | +€36 | +6.9% |
| Suppliers | 440/4 | €517 | €552 | +€36 | +6.9% |
| Taxes, remuneration and social security | 45 | €26,477 | €56,137 | +€29,659 | +112.0% |
| Taxes | 450/3 | €26,477 | €56,137 | +€29,659 | +112.0% |
| Other amounts payable | 47/48 | - | €1,746 | +€1,746 | |
| Accrued charges and deferred income | 492/3 | €1,500 | €1,575 | +€75 | +5.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,395 | - | -€2,395 | |
| Other operating charges | 640/8 | €457 | €401 | -€57 | -12.4% |
| Gross operating margin | 9900 | €59,389 | €156,177 | +€96,788 | +163.0% |
| Operating profit (loss) | 9901 | €56,536 | €155,776 | +€99,240 | +175.5% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €33 | €145 | +€113 | +345.3% |
| Recurring financial charges | 65 | €33 | €145 | +€113 | +345.3% |
| Profit (loss) for the period before taxes | 9903 | €56,504 | €155,631 | +€99,127 | +175.4% |
| Income taxes | 67/77 | €15,487 | €45,099 | +€29,612 | +191.2% |
| Profit (loss) for the period | 9904 | €41,017 | €110,532 | +€69,515 | +169.5% |
| Profit (loss) for the period to be appropriated | 9905 | €41,017 | €110,532 | +€69,515 | +169.5% |
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 11 October 2026 via checked.be.