WL LOGIX: what changed
Two fiscal 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 LOGIX
Largest movements
- Cash +€17,975
up €17,975 (+679.5%), from €2,646 to €20,621
mainly Net result for the year (+€78,072) and Other debts (+€33,443)
- Tangible fixed assets -€10,862
down €10,862 (-2.4%), from €447,039 to €436,177
of which Leasing and similar rights: -€10,937
- Debts after one year -€37,233
down €37,233 (-12.0%), from €309,334 to €272,101
- Other debts +€33,443
up €33,443 (+74.9%), from €44,629 to €78,072
- Short-term financial debts +€12,870
up €12,870 (+7458.9%), from €173 to €13,043
- Current portion of long-term debt +€9,630
up €9,630 (+34.9%), from €27,603 to €37,233
- Tax, wage and social debts -€7,405
down €7,405 (-21.1%), from €35,101 to €27,696
- Gross operating margin +€19,140
up €19,140 (+16.2%), from €118,246 to €137,386
- Financial charges +€9,427
up €9,427 (+273.9%), from €3,442 to €12,869
- Depreciation -€6,695
down €6,695 (-23.6%), from €28,364 to €21,669
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 | €540,599 | €549,097 | +€8,498 | +1.6% |
| Fixed assets | 21/28 | €447,079 | €436,217 | -€10,862 | -2.4% |
| Tangible fixed assets | 22/27 | €447,039 | €436,177 | -€10,862 | -2.4% |
| Land and buildings | 22 | €405,893 | €396,978 | -€8,915 | -2.2% |
| Plant, machinery and equipment | 23 | €1,524 | €1,323 | -€202 | -13.2% |
| Furniture and vehicles | 24 | €2,116 | €11,543 | +€9,427 | +445.5% |
| Leasing and similar rights | 25 | €35,478 | €24,541 | -€10,937 | -30.8% |
| Other tangible fixed assets | 26 | €2,027 | €1,792 | -€235 | -11.6% |
| Financial fixed assets | 28 | €40 | €40 | = | 0.0% |
| Current assets | 29/58 | €93,520 | €112,880 | +€19,360 | +20.7% |
| Amounts receivable within one year | 40/41 | €87,875 | €88,264 | +€389 | +0.4% |
| Trade receivables | 40 | €87,802 | €69,663 | -€18,139 | -20.7% |
| Other amounts receivable | 41 | €73 | €18,601 | +€18,528 | +25513.7% |
| Cash at bank and in hand | 54/58 | €2,646 | €20,621 | +€17,975 | +679.5% |
| Deferred charges and accrued income | 490/1 | €3,000 | €3,996 | +€996 | +33.2% |
| Total equity and liabilities | 10/49 | €540,599 | €549,097 | +€8,498 | +1.6% |
| Equity | 10/15 | €115,631 | €115,631 | = | 0.0% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €97,081 | €97,081 | = | 0.0% |
| Distributable reserves | 133 | €97,081 | €97,081 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €424,969 | €433,467 | +€8,498 | +2.0% |
| Amounts payable after more than one year | 17 | €309,334 | €272,101 | -€37,233 | -12.0% |
| Financial debts | 170/4 | €309,334 | €272,101 | -€37,233 | -12.0% |
| Amounts payable within one year | 42/48 | €114,898 | €160,067 | +€45,169 | +39.3% |
| Current portion of amounts payable after more than one year | 42 | €27,603 | €37,233 | +€9,630 | +34.9% |
| Financial debts | 43 | €173 | €13,043 | +€12,870 | +7458.9% |
| Credit institutions | 430/8 | €173 | €13,043 | +€12,870 | +7458.9% |
| Trade debts | 44 | €7,393 | €4,023 | -€3,370 | -45.6% |
| Suppliers | 440/4 | €7,393 | €4,023 | -€3,370 | -45.6% |
| Taxes, remuneration and social security | 45 | €35,101 | €27,696 | -€7,405 | -21.1% |
| Taxes | 450/3 | €35,101 | €27,696 | -€7,405 | -21.1% |
| Other amounts payable | 47/48 | €44,629 | €78,072 | +€33,443 | +74.9% |
| Accrued charges and deferred income | 492/3 | €737 | €1,299 | +€562 | +76.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,364 | €21,669 | -€6,695 | -23.6% |
| Other operating charges | 640/8 | €2,482 | €3,005 | +€523 | +21.1% |
| Gross operating margin | 9900 | €118,246 | €137,386 | +€19,140 | +16.2% |
| Operating profit (loss) | 9901 | €87,400 | €112,712 | +€25,312 | +29.0% |
| Financial income | 75/76B | €915 | €122 | -€793 | -86.7% |
| Recurring financial income | 75 | €915 | €122 | -€793 | -86.7% |
| Financial charges | 65/66B | €3,442 | €12,869 | +€9,427 | +273.9% |
| Recurring financial charges | 65 | €3,442 | €12,869 | +€9,427 | +273.9% |
| Profit (loss) for the period before taxes | 9903 | €84,873 | €99,965 | +€15,092 | +17.8% |
| Income taxes | 67/77 | €20,652 | €21,893 | +€1,241 | +6.0% |
| Profit (loss) for the period | 9904 | €64,221 | €78,072 | +€13,851 | +21.6% |
| Profit (loss) for the period to be appropriated | 9905 | €64,221 | €78,072 | +€13,851 | +21.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.