WMCM Holding: what changed
What changed
WMCM Holding
NACE 64.210, Activities of holding companies
filed annual accounts (NBB)
Net result for the year
€386,408
2024 · €273,375+€113,033
Equity
€3.4m
2024 · €3.3m+€186,408
Cash
€943,707
2024 · €686,473+€257,234
Balance sheet total
€4.1m
2024 · €3.8m+€260,285
Largest movements
Assets
- Cash +€257,234
up €257,234 (+37.5%), from €686,473 to €943,707
mainly Net result for the year (+€386,408) and Other debts (+€200,459)
Equity and liabilities
- Other debts +€200,459
new in 2025: €200,459
- Profit (loss) carried forward +€186,408
up €186,408 (+13.7%), from €1.4m to €1.5m
- Debts after one year -€128,571
down €128,571 (-33.3%), from €385,714 to €257,143
Income statement
- Financial income +€105,000
up €105,000 (+38.9%), from €270,000 to €375,000
- Gross operating margin +€18,929
up €18,929 (+59.7%), from €31,699 to €50,628
- Depreciation +€9,597
up €9,597 (+59.6%), from €16,095 to €25,693
- Taxes +€2,927
up €2,927 (+121%), from €2,415 to €5,342
- Financial charges -€1,582
down €1,582 (-19.8%), from €8,005 to €6,423
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.
Result 2024
€273,375
Gross operating margin
+€18,929
Depreciation
-€9,597
Other operating charges
+€46
Financial income
+€105,000
Financial charges
+€1,582
Taxes
-€2,927
Result 2025
€386,408
raises the resultlowers the result
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.
From operations
+€586,879
Investment
-€1,074
Financing
-€328,571
Cash 2024
€686,473
From operations (derived)
+€586,879
Net result for the year
+€386,408
Depreciation
+€25,693
Receivables within one year
-€27,670
Trade debts
+€1,125
Tax, wage and social debts
+€864
Other debts
+€200,459
Investment (derived)
-€1,074
Investment in fixed assets (net)
-€1,074
Financing
-€328,571
Debts after one year
-€128,571
Contributions, distributions and other
-€200,000
Cash 2025
€943,707
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,800,633 | €4,060,918 | +€260,285 | +6.8% |
| Fixed assets | 21/28 | €3,110,892 | €3,086,273 | -€24,619 | -0.8% |
| Tangible fixed assets | 22/27 | €110,892 | €86,273 | -€24,619 | -22.2% |
| Furniture and vehicles | 24 | €110,892 | €86,273 | -€24,619 | -22.2% |
| Financial fixed assets | 28 | €3,000,000 | €3,000,000 | = | 0.0% |
| Current assets | 29/58 | €689,741 | €974,645 | +€284,904 | +41.3% |
| Amounts receivable within one year | 40/41 | €3,267 | €30,938 | +€27,670 | +847% |
| Trade receivables | 40 | - | €28,353 | +€28,353 | |
| Other amounts receivable | 41 | €3,267 | €2,585 | -€683 | -20.9% |
| Cash at bank and in hand | 54/58 | €686,473 | €943,707 | +€257,234 | +37.5% |
| Total equity and liabilities | 10/49 | €3,800,633 | €4,060,918 | +€260,285 | +6.8% |
| Equity | 10/15 | €3,262,612 | €3,449,020 | +€186,408 | +5.7% |
| Contributions | 10/11 | €1,900,000 | €1,900,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,362,612 | €1,549,020 | +€186,408 | +13.7% |
| Amounts payable | 17/49 | €538,021 | €611,897 | +€73,877 | +13.7% |
| Amounts payable after more than one year | 17 | €385,714 | €257,143 | -€128,571 | -33.3% |
| Financial debts | 170/4 | €385,714 | €257,143 | -€128,571 | -33.3% |
| Amounts payable within one year | 42/48 | €152,307 | €354,755 | +€202,448 | +133% |
| Current portion of amounts payable after more than one year | 42 | €128,571 | €128,571 | = | 0.0% |
| Trade debts | 44 | €5,460 | €6,585 | +€1,125 | +20.6% |
| Suppliers | 440/4 | €5,460 | €6,585 | +€1,125 | +20.6% |
| Taxes, remuneration and social security | 45 | €18,275 | €19,139 | +€864 | +4.7% |
| Taxes | 450/3 | €18,275 | €19,139 | +€864 | +4.7% |
| Other amounts payable | 47/48 | - | €200,459 | +€200,459 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,095 | €25,693 | +€9,597 | +59.6% |
| Other operating charges | 640/8 | €1,808 | €1,762 | -€46 | -2.6% |
| Gross operating margin | 9900 | €31,699 | €50,628 | +€18,929 | +59.7% |
| Operating profit (loss) | 9901 | €13,795 | €23,173 | +€9,378 | +68.0% |
| Financial income | 75/76B | €270,000 | €375,000 | +€105,000 | +38.9% |
| Recurring financial income | 75 | €270,000 | €375,000 | +€105,000 | +38.9% |
| Financial charges | 65/66B | €8,005 | €6,423 | -€1,582 | -19.8% |
| Recurring financial charges | 65 | €8,005 | €6,423 | -€1,582 | -19.8% |
| Profit (loss) for the period before taxes | 9903 | €275,791 | €391,750 | +€115,960 | +42.0% |
| Income taxes | 67/77 | €2,415 | €5,342 | +€2,927 | +121% |
| Profit (loss) for the period | 9904 | €273,375 | €386,408 | +€113,033 | +41.3% |
| Profit (loss) for the period to be appropriated | 9905 | €273,375 | €386,408 | +€113,033 | +41.3% |
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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 3 November 2026 via checked.be.