WLKNSN: 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.
WLKNSN
Largest movements
- Cash -€22,746
down €22,746 (-15.0%), from €151,415 to €128,669
mainly Contributions, distributions and other (-€64,700) and Trade debts (-€16,359)
- Receivables within one year -€22,421
down €22,421 (-17.2%), from €130,701 to €108,280
of which Trade receivables: -€22,041
- Tangible fixed assets -€8,581
down €8,581 (-19.8%), from €43,251 to €34,670
of which Land and buildings: -€7,797
- Financial fixed assets -€4,132
no longer reported in 2025 (was €4,132)
- Profit (loss) carried forward -€30,547
down €30,547 (-13.1%), from €232,584 to €202,038
- Trade debts -€16,359
down €16,359 (-73.0%), from €22,397 to €6,037
- Debts after one year -€8,272
down €8,272 (-21.6%), from €38,333 to €30,061
- Provisions -€4,930
no longer reported in 2025 (was €4,930)
- Gross operating margin -€39,408
down €39,408 (-39.8%), from €99,118 to €59,710
- Provisions -€4,930
no longer reported in 2025 (was €4,930)
- Taxes -€4,681
down €4,681 (-29.2%), from €16,022 to €11,341
- Financial charges -€2,182
down €2,182 (-32.9%), from €6,624 to €4,442
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 | €340,107 | €280,227 | -€59,880 | -17.6% |
| Fixed assets | 21/28 | €47,384 | €34,670 | -€12,713 | -26.8% |
| Tangible fixed assets | 22/27 | €43,251 | €34,670 | -€8,581 | -19.8% |
| Land and buildings | 22 | €28,486 | €20,690 | -€7,797 | -27.4% |
| Furniture and vehicles | 24 | €14,290 | €13,981 | -€310 | -2.2% |
| Other tangible fixed assets | 26 | €475 | - | -€475 | |
| Financial fixed assets | 28 | €4,132 | - | -€4,132 | |
| Current assets | 29/58 | €292,724 | €245,557 | -€47,167 | -16.1% |
| Amounts receivable within one year | 40/41 | €130,701 | €108,280 | -€22,421 | -17.2% |
| Trade receivables | 40 | €65,462 | €43,421 | -€22,041 | -33.7% |
| Other amounts receivable | 41 | €65,239 | €64,859 | -€381 | -0.6% |
| Cash at bank and in hand | 54/58 | €151,415 | €128,669 | -€22,746 | -15.0% |
| Deferred charges and accrued income | 490/1 | €10,607 | €8,607 | -€2,000 | -18.9% |
| Total equity and liabilities | 10/49 | €340,107 | €280,227 | -€59,880 | -17.6% |
| Equity | 10/15 | €253,787 | €223,290 | -€30,497 | -12.0% |
| Contributions | 10/11 | €18,550 | €18,600 | +€50 | +0.3% |
| Reserves | 13 | €2,652 | €2,652 | = | 0.0% |
| Distributable reserves | 133 | €2,652 | €2,652 | = | 0.0% |
| Profit (loss) carried forward | 14 | €232,584 | €202,038 | -€30,547 | -13.1% |
| Provisions and deferred taxes | 16 | €4,930 | - | -€4,930 | |
| Provisions for liabilities and charges | 160/5 | €4,930 | - | -€4,930 | |
| Environmental obligations | 163 | €4,930 | - | -€4,930 | |
| Amounts payable | 17/49 | €81,391 | €56,937 | -€24,454 | -30.0% |
| Amounts payable after more than one year | 17 | €38,333 | €30,061 | -€8,272 | -21.6% |
| Financial debts | 170/4 | €38,333 | €30,061 | -€8,272 | -21.6% |
| Amounts payable within one year | 42/48 | €43,058 | €26,876 | -€16,182 | -37.6% |
| Current portion of amounts payable after more than one year | 42 | €7,951 | €8,272 | +€321 | +4.0% |
| Trade debts | 44 | €22,397 | €6,037 | -€16,359 | -73.0% |
| Suppliers | 440/4 | €22,397 | €6,037 | -€16,359 | -73.0% |
| Taxes, remuneration and social security | 45 | €12,711 | €12,567 | -€143 | -1.1% |
| Taxes | 450/3 | - | €3,341 | +€3,341 | |
| Remuneration and social security | 454/9 | €12,711 | €9,227 | -€3,484 | -27.4% |
| Non-recurring operating income | 76A | €1,256 | €4,930 | +€3,674 | +292.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,358 | €11,719 | +€361 | +3.2% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €4,930 | - | -€4,930 | |
| Other operating charges | 640/8 | €594 | €795 | +€201 | +33.8% |
| Non-recurring operating charges | 66A | €8,000 | - | -€8,000 | |
| Gross operating margin | 9900 | €99,118 | €59,710 | -€39,408 | -39.8% |
| Operating profit (loss) | 9901 | €74,236 | €47,197 | -€27,039 | -36.4% |
| Financial income | 75/76B | €1,813 | €2,789 | +€977 | +53.9% |
| Recurring financial income | 75 | €1,813 | €2,789 | +€977 | +53.9% |
| Financial charges | 65/66B | €6,624 | €4,442 | -€2,182 | -32.9% |
| Recurring financial charges | 65 | €6,624 | €4,442 | -€2,182 | -32.9% |
| Profit (loss) for the period before taxes | 9903 | €69,425 | €45,544 | -€23,880 | -34.4% |
| Income taxes | 67/77 | €16,022 | €11,341 | -€4,681 | -29.2% |
| Profit (loss) for the period | 9904 | €53,403 | €34,203 | -€19,199 | -36.0% |
| Profit (loss) for the period to be appropriated | 9905 | €53,403 | €34,203 | -€19,199 | -36.0% |
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 12 October 2026 via checked.be.