WLI Advocaat: what changed
WLI Advocaat
Largest movements
- Cash -€26,401
down €26,401 (-45.3%), from €58,239 to €31,838
mainly Contributions, distributions and other (-€72,046) and Other debts (-€16,758)
- Receivables within one year -€7,300
down €7,300 (-96.5%), from €7,567 to €268
- Financial fixed assets -€6,000
no longer reported in 2025 (was €6,000)
- Current investments +€6,000
up €6,000 (+50.0%), from €12,000 to €18,000
- Other debts -€16,758
down €16,758 (-29.1%), from €57,603 to €40,846
- Reserves -€10,247
no longer reported in 2025 (was €10,247)
- Tax, wage and social debts -€5,923
down €5,923 (-43.4%), from €13,658 to €7,736
- Gross operating margin +€14,715
up €14,715 (+23.0%), from €63,956 to €78,671
- Taxes +€3,163
up €3,163 (+23.9%), from €13,239 to €16,403
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €84,394 | €51,101 | -€33,293 | -39.4% |
| Fixed assets | 21/28 | €6,587 | €348 | -€6,239 | -94.7% |
| Tangible fixed assets | 22/27 | €587 | €348 | -€239 | -40.8% |
| Plant, machinery and equipment | 23 | €587 | €348 | -€239 | -40.8% |
| Financial fixed assets | 28 | €6,000 | - | -€6,000 | |
| Current assets | 29/58 | €77,807 | €50,753 | -€27,054 | -34.8% |
| Amounts receivable within one year | 40/41 | €7,567 | €268 | -€7,300 | -96.5% |
| Other amounts receivable | 41 | €7,567 | €268 | -€7,300 | -96.5% |
| Current investments | 50/53 | €12,000 | €18,000 | +€6,000 | +50.0% |
| Cash at bank and in hand | 54/58 | €58,239 | €31,838 | -€26,401 | -45.3% |
| Deferred charges and accrued income | 490/1 | - | €647 | +€647 | |
| Total equity and liabilities | 10/49 | €84,394 | €51,101 | -€33,293 | -39.4% |
| Equity | 10/15 | €12,247 | €2,000 | -€10,247 | -83.7% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €10,247 | - | -€10,247 | |
| Distributable reserves | 133 | €10,247 | - | -€10,247 | |
| Amounts payable | 17/49 | €72,147 | €49,101 | -€23,046 | -31.9% |
| Amounts payable within one year | 42/48 | €72,147 | €49,101 | -€23,046 | -31.9% |
| Trade debts | 44 | €886 | €520 | -€366 | -41.3% |
| Suppliers | 440/4 | €886 | €520 | -€366 | -41.3% |
| Taxes, remuneration and social security | 45 | €13,658 | €7,736 | -€5,923 | -43.4% |
| Taxes | 450/3 | €13,658 | €7,736 | -€5,923 | -43.4% |
| Other amounts payable | 47/48 | €57,603 | €40,846 | -€16,758 | -29.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €131 | €239 | +€109 | +83.0% |
| Other operating charges | 640/8 | €635 | €756 | +€121 | +19.1% |
| Gross operating margin | 9900 | €63,956 | €78,671 | +€14,715 | +23.0% |
| Operating profit (loss) | 9901 | €63,190 | €77,676 | +€14,485 | +22.9% |
| Financial income | 75/76B | €142 | €569 | +€427 | +301% |
| Recurring financial income | 75 | €142 | €569 | +€427 | +301% |
| Financial charges | 65/66B | €45 | €42 | -€3 | -5.8% |
| Recurring financial charges | 65 | €45 | €42 | -€3 | -5.8% |
| Profit (loss) for the period before taxes | 9903 | €63,287 | €78,202 | +€14,915 | +23.6% |
| Income taxes | 67/77 | €13,239 | €16,403 | +€3,163 | +23.9% |
| Profit (loss) for the period | 9904 | €50,048 | €61,799 | +€11,751 | +23.5% |
| Profit (loss) for the period to be appropriated | 9905 | €50,048 | €61,799 | +€11,751 | +23.5% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.