WL Law: 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 Law
Largest movements
- Current investments +€152,288
up €152,288 (+152%), from €100,000 to €252,288
- Cash -€120,567
down €120,567 (-24.7%), from €487,454 to €366,886
mainly Contributions, distributions and other (-€306,302) and Current investments (-€152,288)
- Tax, wage and social debts +€30,801
up €30,801 (+102%), from €30,235 to €61,036
- Other debts +€7,478
up €7,478 (+2.9%), from €260,481 to €267,959
- Gross operating margin +€63,652
up €63,652 (+18.9%), from €336,132 to €399,784
- Taxes +€16,864
up €16,864 (+21.3%), from €79,335 to €96,199
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 | €603,133 | €639,621 | +€36,489 | +6.0% |
| Current assets | 29/58 | €603,133 | €639,621 | +€36,489 | +6.0% |
| Amounts receivable within one year | 40/41 | €15,679 | €20,447 | +€4,768 | +30.4% |
| Other amounts receivable | 41 | €15,679 | €20,447 | +€4,768 | +30.4% |
| Current investments | 50/53 | €100,000 | €252,288 | +€152,288 | +152% |
| Cash at bank and in hand | 54/58 | €487,454 | €366,886 | -€120,567 | -24.7% |
| Total equity and liabilities | 10/49 | €603,133 | €639,621 | +€36,489 | +6.0% |
| Equity | 10/15 | €310,627 | €310,627 | = | 0.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €308,627 | €308,627 | = | 0.0% |
| Distributable reserves | 133 | €308,627 | €308,627 | = | 0.0% |
| Amounts payable | 17/49 | €292,506 | €328,994 | +€36,489 | +12.5% |
| Amounts payable within one year | 42/48 | €292,506 | €328,994 | +€36,489 | +12.5% |
| Trade debts | 44 | €1,790 | - | -€1,790 | |
| Suppliers | 440/4 | €1,790 | - | -€1,790 | |
| Taxes, remuneration and social security | 45 | €30,235 | €61,036 | +€30,801 | +102% |
| Taxes | 450/3 | €30,235 | €61,036 | +€30,801 | +102% |
| Other amounts payable | 47/48 | €260,481 | €267,959 | +€7,478 | +2.9% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €336,132 | €399,784 | +€63,652 | +18.9% |
| Operating profit (loss) | 9901 | €335,745 | €399,384 | +€63,639 | +19.0% |
| Financial income | 75/76B | - | €3,269 | +€3,269 | |
| Recurring financial income | 75 | - | €3,269 | +€3,269 | |
| Financial charges | 65/66B | €295 | €153 | -€142 | -48.2% |
| Recurring financial charges | 65 | €295 | €153 | -€142 | -48.2% |
| Profit (loss) for the period before taxes | 9903 | €335,450 | €402,501 | +€67,051 | +20.0% |
| Income taxes | 67/77 | €79,335 | €96,199 | +€16,864 | +21.3% |
| Profit (loss) for the period | 9904 | €256,115 | €306,302 | +€50,187 | +19.6% |
| Profit (loss) for the period to be appropriated | 9905 | €256,115 | €306,302 | +€50,187 | +19.6% |
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 18 October 2026 via checked.be.