WM CONSTRUCTION: 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.
WM CONSTRUCTION
Largest movements
- Receivables within one year +€80,079
up €80,079 (+99.9%), from €80,141 to €160,220
of which Other amounts receivable: +€81,218
- Deferred charges and accrued income +€2,735
up €2,735 (+332.7%), from €822 to €3,557
- Profit (loss) carried forward +€67,831
up €67,831 (+113.6%), from €59,690 to €127,521
- Trade debts +€16,757
up €16,757 (+223.9%), from €7,485 to €24,242
- Turnover -€423,938
no longer reported in 2024 (was €423,938)
- Purchases and services -€350,377
no longer reported in 2024 (was €350,377)
- Gross operating margin +€26,675
up €26,675 (+36.3%), from €73,561 to €100,236
- Other operating charges +€11,944
up €11,944 (+451.4%), from €2,646 to €14,591
- Taxes +€8,750
up €8,750 (+62.5%), from €14,000 to €22,750
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 | €82,675 | €166,013 | +€83,339 | +100.8% |
| Fixed assets | 21/28 | €1,199 | €1,382 | +€184 | +15.3% |
| Tangible fixed assets | 22/27 | €1,199 | €1,382 | +€184 | +15.3% |
| Plant, machinery and equipment | 23 | €1,199 | €1,382 | +€184 | +15.3% |
| Current assets | 29/58 | €81,476 | €164,631 | +€83,155 | +102.1% |
| Amounts receivable within one year | 40/41 | €80,141 | €160,220 | +€80,079 | +99.9% |
| Trade receivables | 40 | €1,139 | - | -€1,139 | |
| Other amounts receivable | 41 | €79,003 | €160,220 | +€81,218 | +102.8% |
| Cash at bank and in hand | 54/58 | €513 | €853 | +€341 | +66.5% |
| Deferred charges and accrued income | 490/1 | €822 | €3,557 | +€2,735 | +332.7% |
| Total equity and liabilities | 10/49 | €82,675 | €166,013 | +€83,339 | +100.8% |
| Equity | 10/15 | €61,190 | €129,021 | +€67,831 | +110.9% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €59,690 | €127,521 | +€67,831 | +113.6% |
| Amounts payable | 17/49 | €21,485 | €36,992 | +€15,507 | +72.2% |
| Amounts payable within one year | 42/48 | €21,485 | €36,992 | +€15,507 | +72.2% |
| Trade debts | 44 | €7,485 | €24,242 | +€16,757 | +223.9% |
| Suppliers | 440/4 | €7,485 | €24,242 | +€16,757 | +223.9% |
| Taxes, remuneration and social security | 45 | €14,000 | €12,750 | -€1,250 | -8.9% |
| Taxes | 450/3 | €14,000 | €12,750 | -€1,250 | -8.9% |
| Turnover | 70 | €423,938 | - | -€423,938 | |
| Goods, raw materials, services and sundry goods | 60/61 | €350,377 | - | -€350,377 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €351 | €1,129 | +€778 | +221.4% |
| Other operating charges | 640/8 | €2,646 | €14,591 | +€11,944 | +451.4% |
| Non-recurring operating charges | 66A | - | €37 | +€37 | |
| Gross operating margin | 9900 | €73,561 | €100,236 | +€26,675 | +36.3% |
| Operating profit (loss) | 9901 | €70,563 | €84,479 | +€13,916 | +19.7% |
| Financial income | 75/76B | €3,752 | €7,179 | +€3,427 | +91.4% |
| Recurring financial income | 75 | €3,752 | €7,179 | +€3,427 | +91.4% |
| Financial charges | 65/66B | €625 | €1,076 | +€451 | +72.1% |
| Recurring financial charges | 65 | €625 | €1,076 | +€451 | +72.1% |
| Profit (loss) for the period before taxes | 9903 | €73,690 | €90,581 | +€16,892 | +22.9% |
| Income taxes | 67/77 | €14,000 | €22,750 | +€8,750 | +62.5% |
| Profit (loss) for the period | 9904 | €59,690 | €67,831 | +€8,142 | +13.6% |
| Profit (loss) for the period to be appropriated | 9905 | €59,690 | €67,831 | +€8,142 | +13.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.