WGP TECHNOLOGIES: 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.
WGP TECHNOLOGIES
Largest movements
- Tangible fixed assets +€12,351
up €12,351 (+82.0%), from €15,055 to €27,406
- Cash -€2,608
down €2,608 (-80.1%), from €3,254 to €646
mainly Investment in fixed assets (net) (-€18,340) and Net result for the year (-€15,063)
- Receivables within one year -€709
down €709 (-17.7%), from €4,001 to €3,291
of which Trade receivables: -€1,101
- Other debts +€25,807
up €25,807 (+290%), from €8,912 to €34,719
- Profit (loss) carried forward -€15,063
down €15,063, from €4,018 to -€11,045
- Trade debts -€1,673
down €1,673 (-95.6%), from €1,750 to €77
- Gross operating margin -€5,298
down €5,298 (-179%), from -€2,967 to -€8,265
- Depreciation +€4,789
up €4,789 (+399%), from €1,200 to €5,989
- Other operating charges +€397
up €397 (+304%), from €130 to €527
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 | €22,840 | €31,911 | +€9,071 | +39.7% |
| Fixed assets | 21/28 | €15,055 | €27,406 | +€12,351 | +82.0% |
| Tangible fixed assets | 22/27 | €15,055 | €27,406 | +€12,351 | +82.0% |
| Furniture and vehicles | 24 | €15,055 | €27,406 | +€12,351 | +82.0% |
| Current assets | 29/58 | €7,785 | €4,505 | -€3,280 | -42.1% |
| Amounts receivable within one year | 40/41 | €4,001 | €3,291 | -€709 | -17.7% |
| Trade receivables | 40 | €1,101 | €0 | -€1,101 | -100% |
| Other amounts receivable | 41 | €2,900 | €3,291 | +€392 | +13.5% |
| Cash at bank and in hand | 54/58 | €3,254 | €646 | -€2,608 | -80.1% |
| Deferred charges and accrued income | 490/1 | €530 | €568 | +€37 | +7.0% |
| Total equity and liabilities | 10/49 | €22,840 | €31,911 | +€9,071 | +39.7% |
| Equity | 10/15 | €12,178 | -€2,885 | -€15,063 | |
| Contributions | 10/11 | €8,160 | €8,160 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,018 | -€11,045 | -€15,063 | |
| Amounts payable | 17/49 | €10,662 | €34,796 | +€24,134 | +226% |
| Amounts payable within one year | 42/48 | €10,662 | €34,796 | +€24,134 | +226% |
| Trade debts | 44 | €1,750 | €77 | -€1,673 | -95.6% |
| Suppliers | 440/4 | €1,750 | €77 | -€1,673 | -95.6% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €8,912 | €34,719 | +€25,807 | +290% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,200 | €5,989 | +€4,789 | +399% |
| Other operating charges | 640/8 | €130 | €527 | +€397 | +304% |
| Gross operating margin | 9900 | -€2,967 | -€8,265 | -€5,298 | -179% |
| Operating profit (loss) | 9901 | -€4,297 | -€14,781 | -€10,484 | -244% |
| Financial income | 75/76B | €47 | €0 | -€47 | -100% |
| Recurring financial income | 75 | €47 | €0 | -€47 | -100% |
| Financial charges | 65/66B | €322 | €282 | -€40 | -12.5% |
| Recurring financial charges | 65 | €322 | €282 | -€40 | -12.5% |
| Profit (loss) for the period before taxes | 9903 | -€4,572 | -€15,063 | -€10,491 | -229% |
| Profit (loss) for the period | 9904 | -€4,572 | -€15,063 | -€10,491 | -229% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,572 | -€15,063 | -€10,491 | -229% |
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 16 October 2026 via checked.be.