WJL 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.
WJL MANAGEMENT
Largest movements
- Current investments +€924,306
new in 2025: €924,306
- Cash -€474,684
down €474,684 (-91.7%), from €517,404 to €42,720
mainly Current investments (-€924,306) and Other debts (-€3,836)
- Reserves +€333,680
up €333,680 (+87.6%), from €381,008 to €714,688
- Tax, wage and social debts +€111,791
up €111,791 (+59.0%), from €189,350 to €301,140
- Gross operating margin -€93,641
down €93,641 (-16.8%), from €556,129 to €462,488
- Taxes -€52,674
down €52,674 (-29.6%), from €177,804 to €125,130
- Financial charges +€12,368
up €12,368 (+16594.2%), from €75 to €12,442
- Financial income +€7,130
up €7,130 (+224.2%), from €3,180 to €10,310
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 | €1,370,636 | €1,813,955 | +€443,319 | +32.3% |
| Fixed assets | 21/28 | €813,992 | €816,271 | +€2,279 | +0.3% |
| Tangible fixed assets | 22/27 | €1,391 | €3,669 | +€2,279 | +163.9% |
| Furniture and vehicles | 24 | €1,391 | €915 | -€475 | -34.2% |
| Other tangible fixed assets | 26 | - | €2,754 | +€2,754 | |
| Financial fixed assets | 28 | €812,602 | €812,602 | = | 0.0% |
| Current assets | 29/58 | €556,644 | €997,684 | +€441,040 | +79.2% |
| Amounts receivable within one year | 40/41 | €39,240 | €30,658 | -€8,582 | -21.9% |
| Trade receivables | 40 | €38,614 | €30,658 | -€7,956 | -20.6% |
| Other amounts receivable | 41 | €626 | - | -€626 | |
| Current investments | 50/53 | - | €924,306 | +€924,306 | |
| Cash at bank and in hand | 54/58 | €517,404 | €42,720 | -€474,684 | -91.7% |
| Total equity and liabilities | 10/49 | €1,370,636 | €1,813,955 | +€443,319 | +32.3% |
| Equity | 10/15 | €383,008 | €716,688 | +€333,680 | +87.1% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €381,008 | €714,688 | +€333,680 | +87.6% |
| Distributable reserves | 133 | €381,008 | €714,688 | +€333,680 | +87.6% |
| Amounts payable | 17/49 | €987,628 | €1,097,268 | +€109,639 | +11.1% |
| Amounts payable within one year | 42/48 | €987,628 | €1,097,268 | +€109,639 | +11.1% |
| Trade debts | 44 | €1,047 | €2,732 | +€1,685 | +160.9% |
| Suppliers | 440/4 | €1,047 | €2,732 | +€1,685 | +160.9% |
| Taxes, remuneration and social security | 45 | €189,350 | €301,140 | +€111,791 | +59.0% |
| Taxes | 450/3 | €189,350 | €301,140 | +€111,791 | +59.0% |
| Other amounts payable | 47/48 | €797,231 | €793,395 | -€3,836 | -0.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35 | €521 | +€486 | +1391.8% |
| Other operating charges | 640/8 | €387 | €1,025 | +€638 | +164.7% |
| Gross operating margin | 9900 | €556,129 | €462,488 | -€93,641 | -16.8% |
| Operating profit (loss) | 9901 | €555,707 | €460,942 | -€94,765 | -17.1% |
| Financial income | 75/76B | €3,180 | €10,310 | +€7,130 | +224.2% |
| Recurring financial income | 75 | €3,180 | €10,310 | +€7,130 | +224.2% |
| Financial charges | 65/66B | €75 | €12,442 | +€12,368 | +16594.2% |
| Recurring financial charges | 65 | €75 | €12,442 | +€12,368 | +16594.2% |
| Profit (loss) for the period before taxes | 9903 | €558,812 | €458,809 | -€100,003 | -17.9% |
| Income taxes | 67/77 | €177,804 | €125,130 | -€52,674 | -29.6% |
| Profit (loss) for the period | 9904 | €381,008 | €333,680 | -€47,329 | -12.4% |
| Profit (loss) for the period to be appropriated | 9905 | €381,008 | €333,680 | -€47,329 | -12.4% |
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 12 October 2026 via checked.be.