WLMS: 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.
WLMS
Largest movements
- Cash -€186,128
down €186,128 (-99.0%), from €187,926 to €1,798
mainly Current investments (-€160,000) and Other debts (-€61,395)
- Current investments +€160,000
new in 2025: €160,000
- Tangible fixed assets -€24,933
down €24,933 (-4.0%), from €617,834 to €592,901
of which Land and buildings: -€21,198
- Receivables within one year +€14,932
up €14,932 (+63.3%), from €23,600 to €38,532
of which Other amounts receivable: +€12,170
- Tax, wage and social debts +€91,881
up €91,881 (+525.6%), from €17,482 to €109,362
of which Remuneration and social security: +€102,647
- Other debts -€61,395
no longer reported in 2025 (was €61,395)
- Profit (loss) carried forward -€59,404
new in 2025: -€59,404
- Debts after one year -€28,822
down €28,822 (-10.1%), from €285,566 to €256,744
- Trade debts +€20,250
up €20,250 (+277.4%), from €7,300 to €27,550
- Gross operating margin -€136,885
down €136,885 (-93.7%), from €146,117 to €9,233
- Taxes -€20,301
down €20,301, from €20,037 to -€263
- Other operating charges -€4,724
down €4,724 (-86.7%), from €5,447 to €723
- Depreciation -€2,217
down €2,217 (-3.6%), from €61,427 to €59,210
- Financial income +€1,656
up €1,656 (+387.9%), from €427 to €2,083
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 | €830,882 | €794,796 | -€36,086 | -4.3% |
| Fixed assets | 21/28 | €617,834 | €592,901 | -€24,933 | -4.0% |
| Tangible fixed assets | 22/27 | €617,834 | €592,901 | -€24,933 | -4.0% |
| Land and buildings | 22 | €594,382 | €573,184 | -€21,198 | -3.6% |
| Plant, machinery and equipment | 23 | €3,096 | €2,791 | -€305 | -9.9% |
| Furniture and vehicles | 24 | €20,355 | €16,926 | -€3,429 | -16.8% |
| Current assets | 29/58 | €213,048 | €201,895 | -€11,153 | -5.2% |
| Amounts receivable within one year | 40/41 | €23,600 | €38,532 | +€14,932 | +63.3% |
| Trade receivables | 40 | €23,600 | €26,362 | +€2,762 | +11.7% |
| Other amounts receivable | 41 | - | €12,170 | +€12,170 | |
| Current investments | 50/53 | - | €160,000 | +€160,000 | |
| Cash at bank and in hand | 54/58 | €187,926 | €1,798 | -€186,128 | -99.0% |
| Deferred charges and accrued income | 490/1 | €1,523 | €1,566 | +€43 | +2.8% |
| Total equity and liabilities | 10/49 | €830,882 | €794,796 | -€36,086 | -4.3% |
| Equity | 10/15 | €430,815 | €371,411 | -€59,404 | -13.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €424,615 | €424,615 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €404,005 | €404,005 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€59,404 | -€59,404 | |
| Amounts payable | 17/49 | €400,068 | €423,385 | +€23,318 | +5.8% |
| Amounts payable after more than one year | 17 | €285,566 | €256,744 | -€28,822 | -10.1% |
| Financial debts | 170/4 | €285,566 | €256,744 | -€28,822 | -10.1% |
| Amounts payable within one year | 42/48 | €114,502 | €166,641 | +€52,139 | +45.5% |
| Current portion of amounts payable after more than one year | 42 | €28,325 | €28,822 | +€497 | +1.8% |
| Trade debts | 44 | €7,300 | €27,550 | +€20,250 | +277.4% |
| Suppliers | 440/4 | €7,300 | €27,550 | +€20,250 | +277.4% |
| Advances received on contracts in progress | 46 | - | €908 | +€908 | |
| Taxes, remuneration and social security | 45 | €17,482 | €109,362 | +€91,881 | +525.6% |
| Taxes | 450/3 | €14,309 | €3,543 | -€10,766 | -75.2% |
| Remuneration and social security | 454/9 | €3,173 | €105,819 | +€102,647 | +3235.4% |
| Other amounts payable | 47/48 | €61,395 | - | -€61,395 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €61,427 | €59,210 | -€2,217 | -3.6% |
| Other operating charges | 640/8 | €5,447 | €723 | -€4,724 | -86.7% |
| Gross operating margin | 9900 | €146,117 | €9,233 | -€136,885 | -93.7% |
| Operating profit (loss) | 9901 | €79,243 | -€50,701 | -€129,944 | |
| Financial income | 75/76B | €427 | €2,083 | +€1,656 | +387.9% |
| Recurring financial income | 75 | €427 | €2,083 | +€1,656 | +387.9% |
| Financial charges | 65/66B | €9,425 | €11,049 | +€1,624 | +17.2% |
| Recurring financial charges | 65 | €9,425 | €11,049 | +€1,624 | +17.2% |
| Profit (loss) for the period before taxes | 9903 | €70,245 | -€59,667 | -€129,912 | |
| Income taxes | 67/77 | €20,037 | -€263 | -€20,301 | |
| Profit (loss) for the period | 9904 | €50,208 | -€59,404 | -€109,611 | |
| Profit (loss) for the period to be appropriated | 9905 | €50,208 | -€59,404 | -€109,611 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.