WMA3: 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.
WMA3
Largest movements
- Cash +€92,574
up €92,574 (+185%), from €49,908 to €142,483
mainly Net result for the year (+€139,082) and Other debts (+€80,684)
- Receivables within one year -€7,882
down €7,882 (-21.5%), from €36,602 to €28,719
of which Other amounts receivable: -€12,197
- Tangible fixed assets -€5,461
down €5,461 (-18.8%), from €29,115 to €23,654
of which Furniture and vehicles: -€10,004
- Other debts +€80,684
new in 2025: €80,684
- Reserves -€11,506
down €11,506 (-9.0%), from €127,606 to €116,100
- Tax, wage and social debts +€10,001
up €10,001 (+37.2%), from €26,876 to €36,877
of which Taxes: +€6,539
- Gross operating margin +€12,160
up €12,160 (+6.9%), from €176,024 to €188,185
- Financial income +€8,446
up €8,446 (+287%), from €2,944 to €11,389
- Taxes +€6,320
up €6,320 (+17.2%), from €36,798 to €43,119
- Other operating charges +€3,770
up €3,770 (+206%), from €1,834 to €5,604
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.
Derived cash bridge
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 | €173,445 | €252,727 | +€79,282 | +45.7% |
| Fixed assets | 21/28 | €29,115 | €23,654 | -€5,461 | -18.8% |
| Tangible fixed assets | 22/27 | €29,115 | €23,654 | -€5,461 | -18.8% |
| Plant, machinery and equipment | 23 | €2,206 | €2,549 | +€344 | +15.6% |
| Furniture and vehicles | 24 | €26,909 | €16,905 | -€10,004 | -37.2% |
| Other tangible fixed assets | 26 | - | €4,200 | +€4,200 | |
| Current assets | 29/58 | €144,331 | €229,074 | +€84,743 | +58.7% |
| Amounts receivable within one year | 40/41 | €36,602 | €28,719 | -€7,882 | -21.5% |
| Trade receivables | 40 | €24,404 | €28,719 | +€4,315 | +17.7% |
| Other amounts receivable | 41 | €12,197 | - | -€12,197 | |
| Current investments | 50/53 | €56,766 | €55,383 | -€1,383 | -2.4% |
| Cash at bank and in hand | 54/58 | €49,908 | €142,483 | +€92,574 | +185% |
| Deferred charges and accrued income | 490/1 | €1,055 | €2,488 | +€1,433 | +136% |
| Total equity and liabilities | 10/49 | €173,445 | €252,727 | +€79,282 | +45.7% |
| Equity | 10/15 | €146,206 | €134,700 | -€11,506 | -7.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €127,606 | €116,100 | -€11,506 | -9.0% |
| Distributable reserves | 133 | €127,606 | €116,100 | -€11,506 | -9.0% |
| Amounts payable | 17/49 | €27,239 | €118,027 | +€90,788 | +333% |
| Amounts payable within one year | 42/48 | €27,239 | €118,027 | +€90,788 | +333% |
| Financial debts | 43 | €243 | €243 | = | 0.0% |
| Credit institutions | 430/8 | €243 | €243 | = | 0.0% |
| Trade debts | 44 | €120 | €223 | +€103 | +85.3% |
| Suppliers | 440/4 | €120 | €223 | +€103 | +85.3% |
| Taxes, remuneration and social security | 45 | €26,876 | €36,877 | +€10,001 | +37.2% |
| Taxes | 450/3 | €26,876 | €33,415 | +€6,539 | +24.3% |
| Remuneration and social security | 454/9 | - | €3,462 | +€3,462 | |
| Other amounts payable | 47/48 | - | €80,684 | +€80,684 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,316 | €11,967 | -€349 | -2.8% |
| Other operating charges | 640/8 | €1,834 | €5,604 | +€3,770 | +206% |
| Gross operating margin | 9900 | €176,024 | €188,185 | +€12,160 | +6.9% |
| Operating profit (loss) | 9901 | €161,874 | €170,614 | +€8,739 | +5.4% |
| Financial income | 75/76B | €2,944 | €11,389 | +€8,446 | +287% |
| Recurring financial income | 75 | €2,944 | €11,389 | +€8,446 | +287% |
| Financial charges | 65/66B | €414 | -€198 | -€611 | |
| Recurring financial charges | 65 | €414 | -€198 | -€611 | |
| Profit (loss) for the period before taxes | 9903 | €164,404 | €182,201 | +€17,796 | +10.8% |
| Income taxes | 67/77 | €36,798 | €43,119 | +€6,320 | +17.2% |
| Profit (loss) for the period | 9904 | €127,606 | €139,082 | +€11,476 | +9.0% |
| Profit (loss) for the period to be appropriated | 9905 | €127,606 | €139,082 | +€11,476 | +9.0% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.