WLMC: 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.
WLMC
Largest movements
- Receivables within one year -€16,959
down €16,959 (-27.2%), from €62,334 to €45,375
- Cash +€10,807
up €10,807 (+25.0%), from €43,165 to €53,972
mainly Net result for the year (+€44,182) and Receivables within one year (+€16,959)
- Deferred charges and accrued income -€6,233
down €6,233 (-22.4%), from €27,840 to €21,607
- Tangible fixed assets -€5,110
down €5,110 (-50.8%), from €10,057 to €4,947
of which Furniture and vehicles: -€2,807
- Other debts -€5,824
down €5,824 (-77.2%), from €7,541 to €1,717
- Tax, wage and social debts -€5,088
down €5,088 (-25.8%), from €19,684 to €14,596
- Reserves -€3,903
down €3,903 (-1.3%), from €289,898 to €285,995
- Gross operating margin +€6,598
up €6,598 (+12.0%), from €54,885 to €61,483
- Taxes +€1,541
up €1,541 (+9.2%), from €16,705 to €18,246
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €375,396 | €357,901 | -€17,494 | -4.7% |
| Fixed assets | 21/28 | €10,057 | €4,947 | -€5,110 | -50.8% |
| Tangible fixed assets | 22/27 | €10,057 | €4,947 | -€5,110 | -50.8% |
| Plant, machinery and equipment | 23 | €2,982 | €2,124 | -€858 | -28.8% |
| Furniture and vehicles | 24 | €4,210 | €1,403 | -€2,807 | -66.7% |
| Other tangible fixed assets | 26 | €2,864 | €1,420 | -€1,445 | -50.4% |
| Current assets | 29/58 | €365,339 | €352,955 | -€12,385 | -3.4% |
| Amounts receivable after more than one year | 29 | €232,000 | €232,000 | = | 0.0% |
| Other amounts receivable | 291 | €232,000 | €232,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €62,334 | €45,375 | -€16,959 | -27.2% |
| Trade receivables | 40 | €62,334 | €45,375 | -€16,959 | -27.2% |
| Cash at bank and in hand | 54/58 | €43,165 | €53,972 | +€10,807 | +25.0% |
| Deferred charges and accrued income | 490/1 | €27,840 | €21,607 | -€6,233 | -22.4% |
| Total equity and liabilities | 10/49 | €375,396 | €357,901 | -€17,494 | -4.7% |
| Equity | 10/15 | €342,947 | €339,044 | -€3,903 | -1.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €289,898 | €285,995 | -€3,903 | -1.3% |
| Distributable reserves | 133 | €289,898 | €285,995 | -€3,903 | -1.3% |
| Profit (loss) carried forward | 14 | €40,649 | €40,649 | = | 0.0% |
| Amounts payable | 17/49 | €32,449 | €18,858 | -€13,591 | -41.9% |
| Amounts payable within one year | 42/48 | €32,449 | €18,858 | -€13,591 | -41.9% |
| Trade debts | 44 | €5,223 | €2,544 | -€2,679 | -51.3% |
| Suppliers | 440/4 | €5,223 | €2,544 | -€2,679 | -51.3% |
| Taxes, remuneration and social security | 45 | €19,684 | €14,596 | -€5,088 | -25.8% |
| Taxes | 450/3 | €19,684 | €14,596 | -€5,088 | -25.8% |
| Other amounts payable | 47/48 | €7,541 | €1,717 | -€5,824 | -77.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,025 | €5,110 | +€85 | +1.7% |
| Other operating charges | 640/8 | €889 | €976 | +€87 | +9.8% |
| Gross operating margin | 9900 | €54,885 | €61,483 | +€6,598 | +12.0% |
| Operating profit (loss) | 9901 | €48,971 | €55,397 | +€6,426 | +13.1% |
| Financial income | 75/76B | €7,026 | €7,224 | +€198 | +2.8% |
| Recurring financial income | 75 | €7,026 | €7,224 | +€198 | +2.8% |
| Financial charges | 65/66B | €173 | €194 | +€21 | +11.9% |
| Recurring financial charges | 65 | €173 | €194 | +€21 | +11.9% |
| Profit (loss) for the period before taxes | 9903 | €55,824 | €62,428 | +€6,604 | +11.8% |
| Income taxes | 67/77 | €16,705 | €18,246 | +€1,541 | +9.2% |
| Profit (loss) for the period | 9904 | €39,119 | €44,182 | +€5,063 | +12.9% |
| Profit (loss) for the period to be appropriated | 9905 | €39,119 | €44,182 | +€5,063 | +12.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.