WMS CL: what changed
WMS CL
Largest movements
- Stocks and contracts -€768,509
down €768,509 (-31.5%), from €2.4m to €1.7m
- Deferred charges and accrued income -€95,000
no longer reported in 2025 (was €95,000)
- Cash -€90,092
down €90,092 (-67.1%), from €134,200 to €44,108
mainly Debts after one year (-€991,938)
- Debts after one year -€991,938
down €991,938 (-33.1%), from €3.0m to €2.0m
- Turnover -€95,000
no longer reported in 2025 (was €95,000)
- Financial income -€56,939
no longer reported in 2025 (was €56,939)
- Financial charges -€55,443
down €55,443 (-63.8%), from €86,881 to €31,438
- Gross operating margin -€52,113
down €52,113 (-54.9%), from €94,936 to €42,823
- Purchases and services +€2,113
up €2,113 (+3,312%), from €64 to €2,177
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,715,310 | €1,735,750 | -€979,560 | -36.1% |
| Current assets | 29/58 | €2,715,310 | €1,735,750 | -€979,560 | -36.1% |
| Stocks and contracts in progress | 3 | €2,440,620 | €1,672,111 | -€768,509 | -31.5% |
| Stocks | 30/36 | €2,440,620 | €1,672,111 | -€768,509 | -31.5% |
| Amounts receivable within one year | 40/41 | €45,490 | €19,531 | -€25,959 | -57.1% |
| Other amounts receivable | 41 | €45,490 | €19,531 | -€25,959 | -57.1% |
| Cash at bank and in hand | 54/58 | €134,200 | €44,108 | -€90,092 | -67.1% |
| Deferred charges and accrued income | 490/1 | €95,000 | - | -€95,000 | |
| Total equity and liabilities | 10/49 | €2,715,310 | €1,735,750 | -€979,560 | -36.1% |
| Equity | 10/15 | -€278,105 | -€267,839 | +€10,266 | +3.7% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€340,105 | -€329,839 | +€10,266 | +3.0% |
| Amounts payable | 17/49 | €2,993,415 | €2,003,588 | -€989,827 | -33.1% |
| Amounts payable after more than one year | 17 | €2,993,415 | €2,001,477 | -€991,938 | -33.1% |
| Financial debts | 170/4 | €2,993,415 | €2,001,477 | -€991,938 | -33.1% |
| Amounts payable within one year | 42/48 | - | €2,111 | +€2,111 | |
| Trade debts | 44 | - | €2,111 | +€2,111 | |
| Suppliers | 440/4 | - | €2,111 | +€2,111 | |
| Turnover | 70 | €95,000 | - | -€95,000 | |
| Goods, raw materials, services and sundry goods | 60/61 | €64 | €2,177 | +€2,113 | +3,312% |
| Other operating charges | 640/8 | €1,086 | €1,118 | +€33 | +3.0% |
| Gross operating margin | 9900 | €94,936 | €42,823 | -€52,113 | -54.9% |
| Operating profit (loss) | 9901 | €93,851 | €41,704 | -€52,146 | -55.6% |
| Financial income | 75/76B | €56,939 | - | -€56,939 | |
| Recurring financial income | 75 | €56,939 | - | -€56,939 | |
| Financial charges | 65/66B | €86,881 | €31,438 | -€55,443 | -63.8% |
| Recurring financial charges | 65 | €86,881 | €31,438 | -€55,443 | -63.8% |
| Profit (loss) for the period before taxes | 9903 | €63,909 | €10,266 | -€53,643 | -83.9% |
| Profit (loss) for the period | 9904 | €63,909 | €10,266 | -€53,643 | -83.9% |
| Profit (loss) for the period to be appropriated | 9905 | €63,909 | €10,266 | -€53,643 | -83.9% |
Next steps
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 7 November 2026 via checked.be.