WLM-Reno: what changed
WLM-Reno
Largest movements
- Stocks and contracts +€76,376
up €76,376 (+27.7%), from €275,859 to €352,236
of which Stocks: +€78,876
- Receivables within one year -€21,315
down €21,315 (-31.5%), from €67,566 to €46,252
of which Trade receivables: -€20,686
- Cash +€10,495
up €10,495 (+60.8%), from €17,259 to €27,754
mainly Other debts (+€78,909) and Net result for the year (+€67,851)
- Other debts +€78,909
up €78,909 (+138%), from €57,302 to €136,211
- Reserves -€23,066
down €23,066 (-25.4%), from €90,918 to €67,851
- Tax, wage and social debts +€14,124
up €14,124 (+156%), from €9,047 to €23,171
- Trade debts -€4,680
down €4,680 (-41.5%), from €11,264 to €6,584
- Gross operating margin +€87,564
up €87,564 (+497%), from €17,628 to €105,193
- Taxes +€23,089
up €23,089 (+2,630%), from €878 to €23,967
- Financial charges -€2,196
down €2,196 (-14.9%), from €14,726 to €12,530
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 | €361,531 | €426,818 | +€65,287 | +18.1% |
| Fixed assets | 21/28 | €846 | €577 | -€270 | -31.8% |
| Tangible fixed assets | 22/27 | €846 | €577 | -€270 | -31.8% |
| Plant, machinery and equipment | 23 | €846 | €577 | -€270 | -31.8% |
| Current assets | 29/58 | €360,685 | €426,241 | +€65,556 | +18.2% |
| Stocks and contracts in progress | 3 | €275,859 | €352,236 | +€76,376 | +27.7% |
| Stocks | 30/36 | €273,359 | €352,236 | +€78,876 | +28.9% |
| Contracts in progress | 37 | €2,500 | €0 | -€2,500 | -100% |
| Amounts receivable within one year | 40/41 | €67,566 | €46,252 | -€21,315 | -31.5% |
| Trade receivables | 40 | €66,938 | €46,252 | -€20,686 | -30.9% |
| Other amounts receivable | 41 | €629 | €0 | -€629 | -100% |
| Cash at bank and in hand | 54/58 | €17,259 | €27,754 | +€10,495 | +60.8% |
| Total equity and liabilities | 10/49 | €361,531 | €426,818 | +€65,287 | +18.1% |
| Equity | 10/15 | €100,918 | €77,851 | -€23,066 | -22.9% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €90,918 | €67,851 | -€23,066 | -25.4% |
| Distributable reserves | 133 | €90,918 | €67,851 | -€23,066 | -25.4% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €260,613 | €348,966 | +€88,353 | +33.9% |
| Amounts payable after more than one year | 17 | €183,000 | €183,000 | = | 0.0% |
| Financial debts | 170/4 | €183,000 | €183,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €77,613 | €165,966 | +€88,353 | +114% |
| Trade debts | 44 | €11,264 | €6,584 | -€4,680 | -41.5% |
| Suppliers | 440/4 | €11,264 | €6,584 | -€4,680 | -41.5% |
| Taxes, remuneration and social security | 45 | €9,047 | €23,171 | +€14,124 | +156% |
| Taxes | 450/3 | €9,047 | €23,171 | +€14,124 | +156% |
| Other amounts payable | 47/48 | €57,302 | €136,211 | +€78,909 | +138% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €536 | €270 | -€266 | -49.7% |
| Other operating charges | 640/8 | €679 | €578 | -€102 | -15.0% |
| Gross operating margin | 9900 | €17,628 | €105,193 | +€87,564 | +497% |
| Operating profit (loss) | 9901 | €16,413 | €104,345 | +€87,932 | +536% |
| Financial income | 75/76B | €6 | €3 | -€3 | -47.5% |
| Recurring financial income | 75 | €6 | €3 | -€3 | -47.5% |
| Financial charges | 65/66B | €14,726 | €12,530 | -€2,196 | -14.9% |
| Recurring financial charges | 65 | €14,726 | €12,530 | -€2,196 | -14.9% |
| Profit (loss) for the period before taxes | 9903 | €1,694 | €91,819 | +€90,125 | +5,321% |
| Income taxes | 67/77 | €878 | €23,967 | +€23,089 | +2,630% |
| Profit (loss) for the period | 9904 | €816 | €67,851 | +€67,036 | +8,216% |
| Profit (loss) for the period to be appropriated | 9905 | €816 | €67,851 | +€67,036 | +8,216% |
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 6 November 2026 via checked.be.