WL TECHNICS: 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 TECHNICS
Largest movements
- Cash +€82,889
up €82,889 (+900.0%), from €9,210 to €92,098
mainly Net result for the year (+€130,797) and Debts after one year (+€24,415)
- Receivables within one year +€45,915
up €45,915 (+181.7%), from €25,267 to €71,182
of which Other amounts receivable: +€28,895
- Tangible fixed assets +€34,576
up €34,576 (+99.2%), from €34,859 to €69,435
of which Leasing and similar rights: +€31,502
- Receivables after one year -€20,000
down €20,000 (-50.0%), from €40,000 to €20,000
of which Trade receivables: -€40,000
- Financial fixed assets -€4,240
down €4,240 (-17.0%), from €25,000 to €20,760
- Reserves +€104,245
up €104,245 (+148.5%), from €70,209 to €174,455
- Debts after one year +€24,415
up €24,415 (+158.1%), from €15,438 to €39,853
- Tax, wage and social debts +€12,352
up €12,352 (+574.3%), from €2,151 to €14,502
- Current portion of long-term debt +€7,381
up €7,381 (+85.5%), from €8,633 to €16,013
- Other debts -€4,694
down €4,694 (-18.2%), from €25,740 to €21,045
- Financial income +€101,438
up €101,438 (+2942.0%), from €3,448 to €104,886
- Taxes +€13,600
up €13,600 (+116.2%), from €11,702 to €25,302
- Depreciation +€2,736
up €2,736 (+27.4%), from €9,981 to €12,717
- Gross operating margin +€2,725
up €2,725 (+4.1%), from €66,963 to €69,688
- Other operating charges +€1,862
up €1,862 (+134.7%), from €1,383 to €3,245
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 | €136,843 | €273,945 | +€137,101 | +100.2% |
| Fixed assets | 21/28 | €59,859 | €90,195 | +€30,336 | +50.7% |
| Tangible fixed assets | 22/27 | €34,859 | €69,435 | +€34,576 | +99.2% |
| Land and buildings | 22 | €3,136 | €6,265 | +€3,129 | +99.8% |
| Furniture and vehicles | 24 | €55 | €0 | -€55 | -100.0% |
| Leasing and similar rights | 25 | €31,668 | €63,170 | +€31,502 | +99.5% |
| Financial fixed assets | 28 | €25,000 | €20,760 | -€4,240 | -17.0% |
| Current assets | 29/58 | €76,984 | €183,750 | +€106,766 | +138.7% |
| Amounts receivable after more than one year | 29 | €40,000 | €20,000 | -€20,000 | -50.0% |
| Trade receivables | 290 | €40,000 | - | -€40,000 | |
| Other amounts receivable | 291 | - | €20,000 | +€20,000 | |
| Amounts receivable within one year | 40/41 | €25,267 | €71,182 | +€45,915 | +181.7% |
| Trade receivables | 40 | €22,000 | €39,020 | +€17,020 | +77.4% |
| Other amounts receivable | 41 | €3,267 | €32,162 | +€28,895 | +884.5% |
| Cash at bank and in hand | 54/58 | €9,210 | €92,098 | +€82,889 | +900.0% |
| Deferred charges and accrued income | 490/1 | €2,508 | €470 | -€2,038 | -81.3% |
| Total equity and liabilities | 10/49 | €136,843 | €273,945 | +€137,101 | +100.2% |
| Equity | 10/15 | €78,664 | €180,655 | +€101,990 | +129.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €70,209 | €174,455 | +€104,245 | +148.5% |
| Distributable reserves | 133 | €70,209 | €174,455 | +€104,245 | +148.5% |
| Profit (loss) carried forward | 14 | €2,255 | €0 | -€2,255 | -100.0% |
| Amounts payable | 17/49 | €58,179 | €93,290 | +€35,111 | +60.4% |
| Amounts payable after more than one year | 17 | €15,438 | €39,853 | +€24,415 | +158.1% |
| Financial debts | 170/4 | €15,438 | €39,853 | +€24,415 | +158.1% |
| Amounts payable within one year | 42/48 | €41,742 | €53,438 | +€11,695 | +28.0% |
| Current portion of amounts payable after more than one year | 42 | €8,633 | €16,013 | +€7,381 | +85.5% |
| Financial debts | 43 | - | €1,231 | +€1,231 | |
| Credit institutions | 430/8 | - | €1,231 | +€1,231 | |
| Trade debts | 44 | €5,220 | €645 | -€4,574 | -87.6% |
| Suppliers | 440/4 | €5,220 | €645 | -€4,574 | -87.6% |
| Taxes, remuneration and social security | 45 | €2,151 | €14,502 | +€12,352 | +574.3% |
| Taxes | 450/3 | €2,151 | €14,502 | +€12,352 | +574.3% |
| Other amounts payable | 47/48 | €25,740 | €21,045 | -€4,694 | -18.2% |
| Accrued charges and deferred income | 492/3 | €999 | €0 | -€999 | -100.0% |
| Non-recurring operating income | 76A | €0 | €3,266 | +€3,266 | |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,981 | €12,717 | +€2,736 | +27.4% |
| Other operating charges | 640/8 | €1,383 | €3,245 | +€1,862 | +134.7% |
| Non-recurring operating charges | 66A | €19,095 | €0 | -€19,095 | -100.0% |
| Gross operating margin | 9900 | €66,963 | €69,688 | +€2,725 | +4.1% |
| Operating profit (loss) | 9901 | €36,505 | €53,726 | +€17,221 | +47.2% |
| Financial income | 75/76B | €3,448 | €104,886 | +€101,438 | +2942.0% |
| Recurring financial income | 75 | €3,448 | €104,886 | +€101,438 | +2942.0% |
| Financial charges | 65/66B | €1,138 | €2,514 | +€1,376 | +120.9% |
| Recurring financial charges | 65 | €1,138 | €2,514 | +€1,376 | +120.9% |
| Profit (loss) for the period before taxes | 9903 | €38,815 | €156,099 | +€117,284 | +302.2% |
| Income taxes | 67/77 | €11,702 | €25,302 | +€13,600 | +116.2% |
| Profit (loss) for the period | 9904 | €27,112 | €130,797 | +€103,684 | +382.4% |
| Profit (loss) for the period to be appropriated | 9905 | €27,112 | €130,797 | +€103,684 | +382.4% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.