WJD: 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.
WJD
Largest movements
- Receivables within one year +€1,332
up €1,332 (+146%), from €911 to €2,243
of which Trade receivables: +€1,378
- Cash -€140
down €140 (-100%), from €140 to €0
mainly Receivables within one year (-€1,332)
- Profit (loss) carried forward +€600
up €600 (+2.8%), from -€21,202 to -€20,602
- Short-term financial debts +€439
up €439, from €0 to €439
- Tax, wage and social debts +€153
up €153, from €0 to €153
- Gross operating margin +€85
up €85 (+7.5%), from €1,136 to €1,221
- Financial charges +€17
up €17 (+20.0%), from €84 to €101
- Other operating charges +€14
up €14 (+2.8%), from €505 to €520
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 | €1,051 | €2,243 | +€1,192 | +113% |
| Current assets | 29/58 | €1,051 | €2,243 | +€1,192 | +113% |
| Amounts receivable within one year | 40/41 | €911 | €2,243 | +€1,332 | +146% |
| Trade receivables | 40 | €864 | €2,243 | +€1,378 | +159% |
| Other amounts receivable | 41 | €47 | €0 | -€47 | -100% |
| Cash at bank and in hand | 54/58 | €140 | €0 | -€140 | -100% |
| Total equity and liabilities | 10/49 | €1,051 | €2,243 | +€1,192 | +113% |
| Equity | 10/15 | -€302 | €298 | +€600 | |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €1,900 | €1,900 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,900 | €1,900 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,900 | €1,900 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€21,202 | -€20,602 | +€600 | +2.8% |
| Amounts payable | 17/49 | €1,353 | €1,945 | +€592 | +43.7% |
| Amounts payable within one year | 42/48 | €1,353 | €1,945 | +€592 | +43.7% |
| Financial debts | 43 | €0 | €439 | +€439 | |
| Credit institutions | 430/8 | €0 | €439 | +€439 | |
| Trade debts | 44 | €0 | - | = | |
| Suppliers | 440/4 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €0 | €153 | +€153 | |
| Taxes | 450/3 | €0 | €153 | +€153 | |
| Other amounts payable | 47/48 | €1,353 | €1,353 | = | 0.0% |
| Other operating charges | 640/8 | €505 | €520 | +€14 | +2.8% |
| Gross operating margin | 9900 | €1,136 | €1,221 | +€85 | +7.5% |
| Operating profit (loss) | 9901 | €631 | €701 | +€71 | +11.2% |
| Financial charges | 65/66B | €84 | €101 | +€17 | +20.0% |
| Recurring financial charges | 65 | €84 | €101 | +€17 | +20.0% |
| Profit (loss) for the period before taxes | 9903 | €547 | €600 | +€54 | +9.8% |
| Profit (loss) for the period | 9904 | €547 | €600 | +€54 | +9.8% |
| Profit (loss) for the period to be appropriated | 9905 | €547 | €600 | +€54 | +9.8% |
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 23 October 2026 via checked.be.