WL CONSTRUCTIONS: 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 CONSTRUCTIONS
Largest movements
- Tangible fixed assets -€26,535
down €26,535 (-16.3%), from €162,924 to €136,389
of which Furniture and vehicles: -€13,900
- Cash +€7,650
up €7,650 (+19.9%), from €38,378 to €46,027
mainly Depreciation (+€26,535) and Net result for the year (+€9,853)
- Debts after one year -€18,484
down €18,484 (-23.9%), from €77,494 to €59,010
- Tax, wage and social debts -€10,651
down €10,651 (-96.7%), from €11,020 to €369
- Profit (loss) carried forward +€9,853
up €9,853 (+85.4%), from -€11,535 to -€1,682
- Other debts +€5,264
up €5,264 (+8.8%), from €59,705 to €64,969
- Trade debts -€4,561
down €4,561 (-33.5%), from €13,636 to €9,075
- Gross operating margin +€22,747
up €22,747 (+103.9%), from €21,896 to €44,644
- Depreciation -€1,497
down €1,497 (-5.3%), from €28,032 to €26,535
- Financial charges -€691
down €691 (-13.8%), from €5,011 to €4,320
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 | €241,867 | €221,424 | -€20,443 | -8.5% |
| Fixed assets | 21/28 | €162,924 | €136,389 | -€26,535 | -16.3% |
| Tangible fixed assets | 22/27 | €162,924 | €136,389 | -€26,535 | -16.3% |
| Land and buildings | 22 | €72,471 | €67,333 | -€5,138 | -7.1% |
| Plant, machinery and equipment | 23 | €14,581 | €11,131 | -€3,449 | -23.7% |
| Furniture and vehicles | 24 | €42,145 | €28,244 | -€13,900 | -33.0% |
| Other tangible fixed assets | 26 | €33,727 | €29,680 | -€4,047 | -12.0% |
| Current assets | 29/58 | €78,943 | €85,035 | +€6,091 | +7.7% |
| Stocks and contracts in progress | 3 | €10,650 | €9,750 | -€900 | -8.5% |
| Stocks | 30/36 | €10,650 | €9,750 | -€900 | -8.5% |
| Amounts receivable within one year | 40/41 | €27,759 | €26,843 | -€916 | -3.3% |
| Trade receivables | 40 | €10,601 | €15,642 | +€5,041 | +47.5% |
| Other amounts receivable | 41 | €17,158 | €11,201 | -€5,957 | -34.7% |
| Cash at bank and in hand | 54/58 | €38,378 | €46,027 | +€7,650 | +19.9% |
| Deferred charges and accrued income | 490/1 | €2,157 | €2,414 | +€257 | +11.9% |
| Total equity and liabilities | 10/49 | €241,867 | €221,424 | -€20,443 | -8.5% |
| Equity | 10/15 | €59,664 | €69,517 | +€9,853 | +16.5% |
| Contributions | 10/11 | €6,250 | €6,250 | = | 0.0% |
| Reserves | 13 | €64,949 | €64,949 | = | 0.0% |
| Distributable reserves | 133 | €64,949 | €64,949 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€11,535 | -€1,682 | +€9,853 | +85.4% |
| Amounts payable | 17/49 | €182,203 | €151,906 | -€30,297 | -16.6% |
| Amounts payable after more than one year | 17 | €77,494 | €59,010 | -€18,484 | -23.9% |
| Financial debts | 170/4 | €77,494 | €59,010 | -€18,484 | -23.9% |
| Amounts payable within one year | 42/48 | €104,709 | €92,897 | -€11,812 | -11.3% |
| Current portion of amounts payable after more than one year | 42 | €20,348 | €18,484 | -€1,863 | -9.2% |
| Trade debts | 44 | €13,636 | €9,075 | -€4,561 | -33.5% |
| Suppliers | 440/4 | €13,636 | €9,075 | -€4,561 | -33.5% |
| Taxes, remuneration and social security | 45 | €11,020 | €369 | -€10,651 | -96.7% |
| Taxes | 450/3 | €11,020 | €369 | -€10,651 | -96.7% |
| Other amounts payable | 47/48 | €59,705 | €64,969 | +€5,264 | +8.8% |
| Non-recurring operating income | 76A | €8,000 | - | -€8,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,032 | €26,535 | -€1,497 | -5.3% |
| Other operating charges | 640/8 | €2,977 | €3,420 | +€443 | +14.9% |
| Gross operating margin | 9900 | €21,896 | €44,644 | +€22,747 | +103.9% |
| Operating profit (loss) | 9901 | -€9,112 | €14,690 | +€23,802 | |
| Financial income | 75/76B | €57 | €108 | +€52 | +91.1% |
| Recurring financial income | 75 | €57 | €108 | +€52 | +91.1% |
| Financial charges | 65/66B | €5,011 | €4,320 | -€691 | -13.8% |
| Recurring financial charges | 65 | €5,011 | €4,320 | -€691 | -13.8% |
| Profit (loss) for the period before taxes | 9903 | -€14,067 | €10,478 | +€24,544 | |
| Income taxes | 67/77 | €238 | €624 | +€386 | +162.2% |
| Profit (loss) for the period | 9904 | -€14,305 | €9,853 | +€24,158 | |
| Profit (loss) for the period to be appropriated | 9905 | -€14,305 | €9,853 | +€24,158 |
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 11 October 2026 via checked.be.