WLCS: 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.
WLCS
Largest movements
- Cash +€65,073
up €65,073 (+105.0%), from €61,991 to €127,064
mainly Net result for the year (+€53,497) and Tax, wage and social debts (+€8,516)
- Receivables within one year -€7,673
down €7,673 (-22.1%), from €34,697 to €27,024
- Reserves +€52,664
up €52,664 (+87.4%), from €60,233 to €112,897
- Tax, wage and social debts +€8,516
up €8,516 (+26.4%), from €32,282 to €40,798
- Other debts -€5,610
down €5,610 (-63.6%), from €8,823 to €3,213
- Gross operating margin -€7,382
down €7,382 (-9.1%), from €80,697 to €73,315
- Depreciation +€1,971
up €1,971 (+227.1%), from €868 to €2,839
- Taxes -€1,687
down €1,687 (-10.6%), from €15,956 to €14,270
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 | €105,775 | €162,292 | +€56,517 | +53.4% |
| Fixed assets | 21/28 | €7,004 | €5,479 | -€1,525 | -21.8% |
| Tangible fixed assets | 22/27 | €7,004 | €5,479 | -€1,525 | -21.8% |
| Furniture and vehicles | 24 | €7,004 | €5,479 | -€1,525 | -21.8% |
| Current assets | 29/58 | €98,770 | €156,813 | +€58,042 | +58.8% |
| Amounts receivable within one year | 40/41 | €34,697 | €27,024 | -€7,673 | -22.1% |
| Trade receivables | 40 | €34,697 | €27,024 | -€7,673 | -22.1% |
| Cash at bank and in hand | 54/58 | €61,991 | €127,064 | +€65,073 | +105.0% |
| Deferred charges and accrued income | 490/1 | €2,083 | €2,725 | +€642 | +30.8% |
| Total equity and liabilities | 10/49 | €105,775 | €162,292 | +€56,517 | +53.4% |
| Equity | 10/15 | €62,233 | €114,897 | +€52,664 | +84.6% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €60,233 | €112,897 | +€52,664 | +87.4% |
| Distributable reserves | 133 | €60,233 | €112,897 | +€52,664 | +87.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €43,542 | €47,395 | +€3,853 | +8.8% |
| Amounts payable within one year | 42/48 | €43,542 | €47,028 | +€3,486 | +8.0% |
| Financial debts | 43 | €88 | €47 | -€41 | -46.7% |
| Credit institutions | 430/8 | €88 | €47 | -€41 | -46.7% |
| Trade debts | 44 | €2,349 | €2,970 | +€621 | +26.4% |
| Suppliers | 440/4 | €2,349 | €2,970 | +€621 | +26.4% |
| Taxes, remuneration and social security | 45 | €32,282 | €40,798 | +€8,516 | +26.4% |
| Taxes | 450/3 | €32,282 | €40,798 | +€8,516 | +26.4% |
| Other amounts payable | 47/48 | €8,823 | €3,213 | -€5,610 | -63.6% |
| Accrued charges and deferred income | 492/3 | - | €367 | +€367 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €868 | €2,839 | +€1,971 | +227.1% |
| Other operating charges | 640/8 | €499 | €210 | -€289 | -57.9% |
| Gross operating margin | 9900 | €80,697 | €73,315 | -€7,382 | -9.1% |
| Operating profit (loss) | 9901 | €79,331 | €70,266 | -€9,064 | -11.4% |
| Financial charges | 65/66B | €2,308 | €2,500 | +€191 | +8.3% |
| Recurring financial charges | 65 | €2,308 | €2,500 | +€191 | +8.3% |
| Profit (loss) for the period before taxes | 9903 | €77,022 | €67,767 | -€9,256 | -12.0% |
| Income taxes | 67/77 | €15,956 | €14,270 | -€1,687 | -10.6% |
| Profit (loss) for the period | 9904 | €61,066 | €53,497 | -€7,569 | -12.4% |
| Profit (loss) for the period to be appropriated | 9905 | €61,066 | €53,497 | -€7,569 | -12.4% |
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 8 October 2026 via checked.be.