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WGT: 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.

What changed

WGT

BE 0632.963.404
NACE 64.210, Activities of holding companies
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€12,219
2024 · €375,800-€388,019
Equity
€5.1m
2024 · €5.1m-€12,219
Cash
€21,071
2024 · €274,029-€252,959
Balance sheet total
€5.2m
2024 · €5.4m-€263,179

Largest movements

2024 to 2025
Assets
  • Cash -€252,959

    down €252,959 (-92.3%), from €274,029 to €21,071

    mainly Accrued charges and deferred income (-€150,000) and Current portion of long-term debt (-€85,633)

Equity and liabilities
  • Profit (loss) carried forward -€388,019

    down €388,019, from €375,800 to -€12,219

  • Reserves +€375,800

    up €375,800 (+22.4%), from €1.7m to €2.1m

  • Accrued charges and deferred income -€150,000

    no longer reported in 2025 (was €150,000)

  • Current portion of long-term debt -€85,633

    down €85,633 (-83.2%), from €102,882 to €17,248

Income statement
  • Financial income -€375,049

    down €375,049 (-100.0%), from €375,055 to €6

  • Financial charges +€19,408

    up €19,408 (+966%), from €2,010 to €21,418

  • Other operating charges -€4,467

    down €4,467 (-76.3%), from €5,858 to €1,391

  • Gross operating margin +€2,073

    up €2,073 (+2.1%), from €99,403 to €101,476

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €375,800
Gross operating margin +€2,073
Staff costs -€101
Other operating charges +€4,467
Financial income -€375,049
Financial charges -€19,408
Taxes -€2
Result 2025 -€12,219
raises the resultlowers the result

Derived cash bridge

cash 2024 to 2025

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.

From operations -€150,077
Investment €0
Financing -€102,882
Cash 2024 €274,029
Net result for the year -€12,219
Receivables within one year +€10,220
Trade debts -€2,038
Tax, wage and social debts +€4,015
Other debts -€56
Accrued charges and deferred income -€150,000
Debts after one year -€17,248
Current portion of long-term debt -€85,633
Cash 2025 €21,071
brings cash intakes cash out
Every line side by side 38 lines
Line Code 2024 2025 Change %
Total assets 20/58 €5,433,509 €5,170,331 -€263,179 -4.8%
Fixed assets 21/28 €5,148,120 €5,148,120 = 0.0%
Financial fixed assets 28 €5,148,120 €5,148,120 = 0.0%
Current assets 29/58 €285,389 €22,211 -€263,179 -92.2%
Amounts receivable within one year 40/41 €11,360 €1,140 -€10,220 -90.0%
Trade receivables 40 €10,937 €993 -€9,943 -90.9%
Other amounts receivable 41 €423 €147 -€277 -65.4%
Cash at bank and in hand 54/58 €274,029 €21,071 -€252,959 -92.3%
Total equity and liabilities 10/49 €5,433,509 €5,170,331 -€263,179 -4.8%
Equity 10/15 €5,138,134 €5,125,915 -€12,219 -0.2%
Contributions 10/11 €3,082,500 €3,082,500 = 0.0%
Reserves 13 €1,679,833 €2,055,634 +€375,800 +22.4%
Distributable reserves 133 €1,679,833 €2,055,634 +€375,800 +22.4%
Profit (loss) carried forward 14 €375,800 -€12,219 -€388,019
Amounts payable 17/49 €295,376 €44,416 -€250,960 -85.0%
Amounts payable after more than one year 17 €17,248 - -€17,248
Financial debts 170/4 €17,248 - -€17,248
Amounts payable within one year 42/48 €128,127 €44,416 -€83,711 -65.3%
Current portion of amounts payable after more than one year 42 €102,882 €17,248 -€85,633 -83.2%
Trade debts 44 €2,210 €173 -€2,038 -92.2%
Suppliers 440/4 €2,210 €173 -€2,038 -92.2%
Taxes, remuneration and social security 45 €22,980 €26,995 +€4,015 +17.5%
Taxes 450/3 €9,649 €11,423 +€1,774 +18.4%
Remuneration and social security 454/9 €13,330 €15,571 +€2,241 +16.8%
Other amounts payable 47/48 €56 - -€56
Accrued charges and deferred income 492/3 €150,000 - -€150,000
Remuneration, social security and pensions 62 €90,790 €90,891 +€101 +0.1%
Other operating charges 640/8 €5,858 €1,391 -€4,467 -76.3%
Gross operating margin 9900 €99,403 €101,476 +€2,073 +2.1%
Operating profit (loss) 9901 €2,755 €9,194 +€6,440 +234%
Financial income 75/76B €375,055 €6 -€375,049 -100.0%
Recurring financial income 75 €375,055 €6 -€375,049 -100.0%
Financial charges 65/66B €2,010 €21,418 +€19,408 +966%
Recurring financial charges 65 €2,010 €21,418 +€19,408 +966%
Profit (loss) for the period before taxes 9903 €375,800 -€12,217 -€388,017
Income taxes 67/77 - €2 +€2
Profit (loss) for the period 9904 €375,800 -€12,219 -€388,019
Profit (loss) for the period to be appropriated 9905 €375,800 -€12,219 -€388,019

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 17 October 2026 via checked.be.