WMOL: 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.
WMOL
Largest movements
- Current investments +€52,676
up €52,676 (+1109.0%), from €4,750 to €57,426
- Cash -€36,429
down €36,429 (-47.5%), from €76,704 to €40,276
mainly Current investments (-€52,676) and Contributions, distributions and other (-€20,000)
- Receivables within one year +€14,516
up €14,516 (+97.9%), from €14,821 to €29,337
of which Trade receivables: +€16,013
- Tangible fixed assets +€3,012
up €3,012 (+74.9%), from €4,020 to €7,032
of which Assets under construction and advance payments: +€4,696
- Reserves +€32,399
up €32,399 (+41.9%), from €77,397 to €109,797
- Tax, wage and social debts +€2,440
up €2,440 (+25.0%), from €9,766 to €12,205
- Gross operating margin +€18,374
up €18,374 (+36.0%), from €51,040 to €69,414
- Taxes +€3,354
up €3,354 (+31.9%), from €10,502 to €13,856
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 | €101,810 | €136,059 | +€34,248 | +33.6% |
| Fixed assets | 21/28 | €4,020 | €7,032 | +€3,012 | +74.9% |
| Tangible fixed assets | 22/27 | €4,020 | €7,032 | +€3,012 | +74.9% |
| Furniture and vehicles | 24 | €3,122 | €1,540 | -€1,583 | -50.7% |
| Other tangible fixed assets | 26 | €897 | €796 | -€101 | -11.3% |
| Assets under construction and advance payments | 27 | - | €4,696 | +€4,696 | |
| Current assets | 29/58 | €97,790 | €129,026 | +€31,236 | +31.9% |
| Amounts receivable within one year | 40/41 | €14,821 | €29,337 | +€14,516 | +97.9% |
| Trade receivables | 40 | €13,310 | €29,323 | +€16,013 | +120.3% |
| Other amounts receivable | 41 | €1,511 | €14 | -€1,497 | -99.1% |
| Current investments | 50/53 | €4,750 | €57,426 | +€52,676 | +1109.0% |
| Cash at bank and in hand | 54/58 | €76,704 | €40,276 | -€36,429 | -47.5% |
| Deferred charges and accrued income | 490/1 | €1,515 | €1,987 | +€472 | +31.2% |
| Total equity and liabilities | 10/49 | €101,810 | €136,059 | +€34,248 | +33.6% |
| Equity | 10/15 | €82,397 | €114,797 | +€32,399 | +39.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €77,397 | €109,797 | +€32,399 | +41.9% |
| Distributable reserves | 133 | €77,397 | €109,797 | +€32,399 | +41.9% |
| Amounts payable | 17/49 | €19,413 | €21,262 | +€1,849 | +9.5% |
| Amounts payable within one year | 42/48 | €19,413 | €21,262 | +€1,849 | +9.5% |
| Trade debts | 44 | €3,307 | €3,203 | -€104 | -3.1% |
| Suppliers | 440/4 | €3,307 | €3,203 | -€104 | -3.1% |
| Taxes, remuneration and social security | 45 | €9,766 | €12,205 | +€2,440 | +25.0% |
| Taxes | 450/3 | €9,766 | €12,205 | +€2,440 | +25.0% |
| Other amounts payable | 47/48 | €6,340 | €5,853 | -€486 | -7.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,500 | €1,684 | +€184 | +12.2% |
| Other operating charges | 640/8 | €870 | €863 | -€7 | -0.8% |
| Gross operating margin | 9900 | €51,040 | €69,414 | +€18,374 | +36.0% |
| Operating profit (loss) | 9901 | €48,670 | €66,867 | +€18,197 | +37.4% |
| Financial income | 75/76B | - | €153 | +€153 | |
| Recurring financial income | 75 | - | €153 | +€153 | |
| Financial charges | 65/66B | €796 | €765 | -€31 | -3.9% |
| Recurring financial charges | 65 | €796 | €765 | -€31 | -3.9% |
| Profit (loss) for the period before taxes | 9903 | €47,874 | €66,255 | +€18,381 | +38.4% |
| Income taxes | 67/77 | €10,502 | €13,856 | +€3,354 | +31.9% |
| Profit (loss) for the period | 9904 | €37,372 | €52,399 | +€15,027 | +40.2% |
| Profit (loss) for the period to be appropriated | 9905 | €37,372 | €52,399 | +€15,027 | +40.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.