WLG TRANS: 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.
WLG TRANS
Largest movements
- Tangible fixed assets -€36,648
down €36,648 (-51.7%), from €70,866 to €34,219
of which Leasing and similar rights: -€23,531
- Current investments +€29,414
up €29,414 (+98.0%), from €30,000 to €59,414
- Cash -€23,169
down €23,169 (-27.3%), from €84,987 to €61,818
mainly Current investments (-€29,414) and Debts after one year (-€26,049)
- Receivables within one year +€10,840
up €10,840 (+25.5%), from €42,433 to €53,273
of which Trade receivables: +€10,061
- Debts after one year -€26,049
down €26,049 (-56.2%), from €46,350 to €20,300
- Reserves +€13,800
up €13,800 (+12.8%), from €107,602 to €121,402
- Current portion of long-term debt -€7,829
down €7,829 (-24.4%), from €32,059 to €24,231
- Gross operating margin +€3,703
up €3,703 (+6.8%), from €54,271 to €57,974
- Financial income +€2,637
up €2,637 (+4,924%), from €54 to €2,690
- Taxes +€2,036
up €2,036 (+45.2%), from €4,507 to €6,543
- Other operating charges -€891
down €891 (-38.8%), from €2,299 to €1,408
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 | €232,453 | €210,725 | -€21,728 | -9.3% |
| Fixed assets | 21/28 | €71,066 | €34,419 | -€36,648 | -51.6% |
| Tangible fixed assets | 22/27 | €70,866 | €34,219 | -€36,648 | -51.7% |
| Plant, machinery and equipment | 23 | €4,714 | €3,424 | -€1,290 | -27.4% |
| Furniture and vehicles | 24 | €22,860 | €11,430 | -€11,430 | -50.0% |
| Leasing and similar rights | 25 | €35,716 | €12,185 | -€23,531 | -65.9% |
| Other tangible fixed assets | 26 | €7,576 | €7,180 | -€396 | -5.2% |
| Financial fixed assets | 28 | €200 | €200 | = | 0.0% |
| Current assets | 29/58 | €161,386 | €176,306 | +€14,920 | +9.2% |
| Amounts receivable within one year | 40/41 | €42,433 | €53,273 | +€10,840 | +25.5% |
| Trade receivables | 40 | €38,833 | €48,895 | +€10,061 | +25.9% |
| Other amounts receivable | 41 | €3,600 | €4,378 | +€778 | +21.6% |
| Current investments | 50/53 | €30,000 | €59,414 | +€29,414 | +98.0% |
| Cash at bank and in hand | 54/58 | €84,987 | €61,818 | -€23,169 | -27.3% |
| Deferred charges and accrued income | 490/1 | €3,966 | €1,801 | -€2,165 | -54.6% |
| Total equity and liabilities | 10/49 | €232,453 | €210,725 | -€21,728 | -9.3% |
| Equity | 10/15 | €131,804 | €145,760 | +€13,956 | +10.6% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €107,602 | €121,402 | +€13,800 | +12.8% |
| Distributable reserves | 133 | €107,602 | €121,402 | +€13,800 | +12.8% |
| Profit (loss) carried forward | 14 | €3,742 | €3,897 | +€156 | +4.2% |
| Amounts payable | 17/49 | €100,649 | €64,965 | -€35,684 | -35.5% |
| Amounts payable after more than one year | 17 | €46,350 | €20,300 | -€26,049 | -56.2% |
| Financial debts | 170/4 | €46,350 | €20,300 | -€26,049 | -56.2% |
| Amounts payable within one year | 42/48 | €54,299 | €44,238 | -€10,061 | -18.5% |
| Current portion of amounts payable after more than one year | 42 | €32,059 | €24,231 | -€7,829 | -24.4% |
| Trade debts | 44 | €7,750 | €8,465 | +€716 | +9.2% |
| Suppliers | 440/4 | €7,750 | €8,465 | +€716 | +9.2% |
| Taxes, remuneration and social security | 45 | €9,092 | €6,965 | -€2,127 | -23.4% |
| Taxes | 450/3 | €8,964 | €2,365 | -€6,599 | -73.6% |
| Remuneration and social security | 454/9 | €128 | €4,600 | +€4,472 | +3,497% |
| Other amounts payable | 47/48 | €5,398 | €4,578 | -€821 | -15.2% |
| Accrued charges and deferred income | 492/3 | - | €426 | +€426 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,603 | €36,648 | +€45 | +0.1% |
| Other operating charges | 640/8 | €2,299 | €1,408 | -€891 | -38.8% |
| Gross operating margin | 9900 | €54,271 | €57,974 | +€3,703 | +6.8% |
| Operating profit (loss) | 9901 | €15,369 | €19,918 | +€4,549 | +29.6% |
| Financial income | 75/76B | €54 | €2,690 | +€2,637 | +4,924% |
| Recurring financial income | 75 | €54 | €2,690 | +€2,637 | +4,924% |
| Financial charges | 65/66B | €2,576 | €2,110 | -€466 | -18.1% |
| Recurring financial charges | 65 | €2,576 | €2,110 | -€466 | -18.1% |
| Profit (loss) for the period before taxes | 9903 | €12,847 | €20,499 | +€7,652 | +59.6% |
| Income taxes | 67/77 | €4,507 | €6,543 | +€2,036 | +45.2% |
| Profit (loss) for the period | 9904 | €8,340 | €13,956 | +€5,615 | +67.3% |
| Profit (loss) for the period to be appropriated | 9905 | €8,340 | €13,956 | +€5,615 | +67.3% |
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 21 October 2026 via checked.be.