WMR Holding: 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.
WMR Holding
Largest movements
- Receivables within one year +€319,351
up €319,351 (+1,756%), from €18,190 to €337,541
of which Trade receivables: +€172,800
- Cash -€73,038
down €73,038 (-54.6%), from €133,743 to €60,705
mainly Receivables within one year (-€319,351) and Trade debts (-€2,617)
- Reserves +€188,152
up €188,152 (+964%), from €19,517 to €207,669
- Tax, wage and social debts +€85,059
up €85,059 (+281%), from €30,303 to €115,361
of which Taxes: +€85,059
- Profit (loss) carried forward -€45,000
new in 2025: -€45,000
- Gross operating margin +€155,904
up €155,904 (+207%), from €75,144 to €231,048
- Taxes +€57,830
up €57,830 (+1,185%), from €4,879 to €62,709
- Financial charges -€23,130
down €23,130 (-46.4%), from €49,823 to €26,693
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 | €1,921,934 | €2,168,246 | +€246,312 | +12.8% |
| Fixed assets | 21/28 | €1,770,000 | €1,770,000 | = | 0.0% |
| Financial fixed assets | 28 | €1,770,000 | €1,770,000 | = | 0.0% |
| Current assets | 29/58 | €151,934 | €398,246 | +€246,312 | +162% |
| Amounts receivable within one year | 40/41 | €18,190 | €337,541 | +€319,351 | +1,756% |
| Trade receivables | 40 | €18,150 | €190,950 | +€172,800 | +952% |
| Other amounts receivable | 41 | €40 | €146,591 | +€146,551 | +363,019% |
| Cash at bank and in hand | 54/58 | €133,743 | €60,705 | -€73,038 | -54.6% |
| Total equity and liabilities | 10/49 | €1,921,934 | €2,168,246 | +€246,312 | +12.8% |
| Equity | 10/15 | €625,517 | €768,669 | +€143,152 | +22.9% |
| Contributions | 10/11 | €606,000 | €606,000 | = | 0.0% |
| Reserves | 13 | €19,517 | €207,669 | +€188,152 | +964% |
| Distributable reserves | 133 | €19,517 | €207,669 | +€188,152 | +964% |
| Profit (loss) carried forward | 14 | - | -€45,000 | -€45,000 | |
| Amounts payable | 17/49 | €1,296,417 | €1,399,577 | +€103,161 | +8.0% |
| Amounts payable after more than one year | 17 | €1,262,054 | €1,282,773 | +€20,719 | +1.6% |
| Financial debts | 170/4 | - | €150,000 | +€150,000 | |
| Other amounts payable | 178/9 | €1,262,054 | €1,132,773 | -€129,281 | -10.2% |
| Amounts payable within one year | 42/48 | €34,363 | €116,805 | +€82,442 | +240% |
| Trade debts | 44 | €4,060 | €1,444 | -€2,617 | -64.4% |
| Suppliers | 440/4 | €4,060 | €1,444 | -€2,617 | -64.4% |
| Taxes, remuneration and social security | 45 | €30,303 | €115,361 | +€85,059 | +281% |
| Taxes | 450/3 | €26,103 | €111,161 | +€85,059 | +326% |
| Remuneration and social security | 454/9 | €4,200 | €4,200 | = | 0.0% |
| Other operating charges | 640/8 | €926 | €577 | -€348 | -37.6% |
| Gross operating margin | 9900 | €75,144 | €231,048 | +€155,904 | +207% |
| Operating profit (loss) | 9901 | €74,218 | €230,471 | +€156,253 | +211% |
| Financial income | 75/76B | €1 | €2,083 | +€2,082 | +347,043% |
| Recurring financial income | 75 | €1 | €2,083 | +€2,082 | +347,043% |
| Financial charges | 65/66B | €49,823 | €26,693 | -€23,130 | -46.4% |
| Recurring financial charges | 65 | €49,823 | €26,693 | -€23,130 | -46.4% |
| Profit (loss) for the period before taxes | 9903 | €24,396 | €205,861 | +€181,465 | +744% |
| Income taxes | 67/77 | €4,879 | €62,709 | +€57,830 | +1,185% |
| Profit (loss) for the period | 9904 | €19,517 | €143,152 | +€123,635 | +633% |
| Profit (loss) for the period to be appropriated | 9905 | €19,517 | €143,152 | +€123,635 | +633% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.