WL Account: 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.
WL Account
Largest movements
- Tangible fixed assets -€7,389
down €7,389 (-32.0%), from €23,095 to €15,706
of which Furniture and vehicles: -€7,075
- Cash -€4,312
down €4,312 (-10.0%), from €43,255 to €38,942
mainly Contributions, distributions and other (-€56,301) and Investment in fixed assets (net) (-€1,826)
- Receivables within one year +€1,141
up €1,141 (+7.0%), from €16,366 to €17,507
of which Trade receivables: +€1,209
- Reserves -€19,377
down €19,377 (-45.1%), from €42,974 to €23,597
- Other debts +€8,199
up €8,199 (+25.3%), from €32,365 to €40,564
- Tax, wage and social debts +€2,636
up €2,636 (+55.2%), from €4,774 to €7,410
- Trade debts -€1,611
down €1,611 (-87.8%), from €1,835 to €225
- Gross operating margin +€15,939
up €15,939 (+37.9%), from €42,027 to €57,967
- Depreciation +€5,324
up €5,324 (+137%), from €3,891 to €9,215
- Taxes +€1,971
up €1,971 (+24.8%), from €7,932 to €9,903
- Other operating charges +€1,194
up €1,194 (+186%), from €643 to €1,837
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 | €84,949 | €74,796 | -€10,153 | -12.0% |
| Fixed assets | 21/28 | €23,095 | €15,706 | -€7,389 | -32.0% |
| Tangible fixed assets | 22/27 | €23,095 | €15,706 | -€7,389 | -32.0% |
| Plant, machinery and equipment | 23 | €314 | €0 | -€314 | -100% |
| Furniture and vehicles | 24 | €22,781 | €15,706 | -€7,075 | -31.1% |
| Current assets | 29/58 | €61,854 | €59,090 | -€2,764 | -4.5% |
| Amounts receivable within one year | 40/41 | €16,366 | €17,507 | +€1,141 | +7.0% |
| Trade receivables | 40 | €16,298 | €17,507 | +€1,209 | +7.4% |
| Other amounts receivable | 41 | €68 | €0 | -€68 | -100% |
| Cash at bank and in hand | 54/58 | €43,255 | €38,942 | -€4,312 | -10.0% |
| Deferred charges and accrued income | 490/1 | €2,233 | €2,641 | +€408 | +18.3% |
| Total equity and liabilities | 10/49 | €84,949 | €74,796 | -€10,153 | -12.0% |
| Equity | 10/15 | €45,974 | €26,597 | -€19,377 | -42.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €42,974 | €23,597 | -€19,377 | -45.1% |
| Distributable reserves | 133 | €42,974 | €23,597 | -€19,377 | -45.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €38,974 | €48,199 | +€9,224 | +23.7% |
| Amounts payable within one year | 42/48 | €38,974 | €48,199 | +€9,224 | +23.7% |
| Trade debts | 44 | €1,835 | €225 | -€1,611 | -87.8% |
| Suppliers | 440/4 | €1,835 | €225 | -€1,611 | -87.8% |
| Taxes, remuneration and social security | 45 | €4,774 | €7,410 | +€2,636 | +55.2% |
| Taxes | 450/3 | €4,774 | €7,410 | +€2,636 | +55.2% |
| Other amounts payable | 47/48 | €32,365 | €40,564 | +€8,199 | +25.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,891 | €9,215 | +€5,324 | +137% |
| Other operating charges | 640/8 | €643 | €1,837 | +€1,194 | +186% |
| Gross operating margin | 9900 | €42,027 | €57,967 | +€15,939 | +37.9% |
| Operating profit (loss) | 9901 | €37,494 | €46,914 | +€9,421 | +25.1% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €87 | €88 | +€1 | +1.5% |
| Recurring financial charges | 65 | €87 | €88 | +€1 | +1.5% |
| Profit (loss) for the period before taxes | 9903 | €37,407 | €46,827 | +€9,420 | +25.2% |
| Income taxes | 67/77 | €7,932 | €9,903 | +€1,971 | +24.8% |
| Profit (loss) for the period | 9904 | €29,475 | €36,924 | +€7,449 | +25.3% |
| Profit (loss) for the period to be appropriated | 9905 | €29,475 | €36,924 | +€7,449 | +25.3% |
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.