WMM: 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.
WMM
Largest movements
- Deferred charges and accrued income -€56,777
no longer reported in 2024 (was €56,777)
- Tangible fixed assets -€7,358
down €7,358 (-8.8%), from €83,348 to €75,990
- Receivables within one year +€2,790
up €2,790 (+3.6%), from €76,877 to €79,667
of which Trade receivables: +€6,126
- Trade debts -€36,945
down €36,945 (-77.8%), from €47,495 to €10,551
- Debts after one year -€25,686
down €25,686 (-28.0%), from €91,706 to €66,020
- Profit (loss) carried forward +€3,574
up €3,574 (+4.7%), from €75,625 to €79,198
- Turnover -€216,468
down €216,468 (-52.3%), from €413,781 to €197,313
- Purchases and services -€133,399
down €133,399 (-48.2%), from €276,548 to €143,149
- Gross operating margin -€36,808
down €36,808 (-22.2%), from €165,877 to €129,068
- Depreciation +€14,723
up €14,723 (+48.1%), from €30,583 to €45,306
- Taxes -€9,794
no longer reported in 2024 (was €9,794)
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 | €222,973 | €162,471 | -€60,502 | -27.1% |
| Fixed assets | 21/28 | €83,348 | €75,990 | -€7,358 | -8.8% |
| Tangible fixed assets | 22/27 | €83,348 | €75,990 | -€7,358 | -8.8% |
| Furniture and vehicles | 24 | €83,348 | €75,990 | -€7,358 | -8.8% |
| Current assets | 29/58 | €139,625 | €86,480 | -€53,144 | -38.1% |
| Amounts receivable within one year | 40/41 | €76,877 | €79,667 | +€2,790 | +3.6% |
| Trade receivables | 40 | - | €6,126 | +€6,126 | |
| Other amounts receivable | 41 | €76,877 | €73,541 | -€3,336 | -4.3% |
| Cash at bank and in hand | 54/58 | €5,970 | €6,813 | +€843 | +14.1% |
| Deferred charges and accrued income | 490/1 | €56,777 | - | -€56,777 | |
| Total equity and liabilities | 10/49 | €222,973 | €162,471 | -€60,502 | -27.1% |
| Equity | 10/15 | €76,625 | €80,198 | +€3,574 | +4.7% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €75,625 | €79,198 | +€3,574 | +4.7% |
| Amounts payable | 17/49 | €146,348 | €82,273 | -€64,075 | -43.8% |
| Amounts payable after more than one year | 17 | €91,706 | €66,020 | -€25,686 | -28.0% |
| Financial debts | 170/4 | €91,706 | €66,020 | -€25,686 | -28.0% |
| Amounts payable within one year | 42/48 | €54,642 | €16,253 | -€38,389 | -70.3% |
| Trade debts | 44 | €47,495 | €10,551 | -€36,945 | -77.8% |
| Suppliers | 440/4 | €47,495 | €10,551 | -€36,945 | -77.8% |
| Taxes, remuneration and social security | 45 | €7,146 | €5,702 | -€1,444 | -20.2% |
| Taxes | 450/3 | €197 | €859 | +€662 | +336.3% |
| Remuneration and social security | 454/9 | €6,949 | €4,843 | -€2,106 | -30.3% |
| Turnover | 70 | €413,781 | €197,313 | -€216,468 | -52.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €276,548 | €143,149 | -€133,399 | -48.2% |
| Remuneration, social security and pensions | 62 | €68,071 | €67,612 | -€459 | -0.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,583 | €45,306 | +€14,723 | +48.1% |
| Other operating charges | 640/8 | €4,715 | €12,235 | +€7,520 | +159.5% |
| Non-recurring operating charges | 66A | €7,989 | - | -€7,989 | |
| Gross operating margin | 9900 | €165,877 | €129,068 | -€36,808 | -22.2% |
| Operating profit (loss) | 9901 | €54,519 | €3,915 | -€50,604 | -92.8% |
| Financial charges | 65/66B | €1,103 | €342 | -€761 | -69.0% |
| Recurring financial charges | 65 | €1,103 | €342 | -€761 | -69.0% |
| Profit (loss) for the period before taxes | 9903 | €53,416 | €3,574 | -€49,842 | -93.3% |
| Income taxes | 67/77 | €9,794 | - | -€9,794 | |
| Profit (loss) for the period | 9904 | €43,621 | €3,574 | -€40,048 | -91.8% |
| Profit (loss) for the period to be appropriated | 9905 | €43,621 | €3,574 | -€40,048 | -91.8% |
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.