WMX: 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.
WMX
Largest movements
- Cash -€104,888
down €104,888 (-78.5%), from €133,545 to €28,657
mainly Net result for the year (-€90,428) and Other debts (-€28,996)
- Tangible fixed assets -€19,841
down €19,841 (-11.6%), from €171,738 to €151,898
of which Land and buildings: -€15,793
- Stocks and contracts -€15,556
down €15,556 (-3.9%), from €400,749 to €385,194
- Reserves -€90,428
down €90,428 (-82.1%), from €110,123 to €19,695
of which Distributable reserves: -€90,428
- Other debts -€28,996
down €28,996 (-8.2%), from €354,351 to €325,355
- Tax, wage and social debts -€14,190
down €14,190 (-67.0%), from €21,165 to €6,974
- Debts after one year -€8,864
down €8,864 (-42.9%), from €20,641 to €11,776
- Gross operating margin -€118,882
down €118,882, from €55,473 to -€63,409
- Taxes -€6,685
down €6,685 (-100.0%), from €6,685 to €0
- Depreciation -€4,089
down €4,089 (-17.1%), from €23,930 to €19,841
- Financial charges +€1,646
up €1,646 (+47.4%), from €3,470 to €5,116
From the 2021 result to the 2022 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 2021 and 2022 balance sheets and the 2022 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2021 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €820,431 | €675,736 | -€144,695 | -17.6% |
| Fixed assets | 21/28 | €172,288 | €152,448 | -€19,841 | -11.5% |
| Tangible fixed assets | 22/27 | €171,738 | €151,898 | -€19,841 | -11.6% |
| Land and buildings | 22 | €125,492 | €109,699 | -€15,793 | -12.6% |
| Furniture and vehicles | 24 | €2,363 | €1,661 | -€702 | -29.7% |
| Other tangible fixed assets | 26 | €43,884 | €40,538 | -€3,346 | -7.6% |
| Financial fixed assets | 28 | €550 | €550 | = | 0.0% |
| Current assets | 29/58 | €648,143 | €523,288 | -€124,854 | -19.3% |
| Stocks and contracts in progress | 3 | €400,749 | €385,194 | -€15,556 | -3.9% |
| Stocks | 30/36 | €400,749 | €385,194 | -€15,556 | -3.9% |
| Amounts receivable within one year | 40/41 | €112,469 | €108,494 | -€3,975 | -3.5% |
| Trade receivables | 40 | €112,469 | €105,413 | -€7,056 | -6.3% |
| Other amounts receivable | 41 | - | €3,081 | +€3,081 | |
| Cash at bank and in hand | 54/58 | €133,545 | €28,657 | -€104,888 | -78.5% |
| Deferred charges and accrued income | 490/1 | €1,380 | €944 | -€436 | -31.6% |
| Total equity and liabilities | 10/49 | €820,431 | €675,736 | -€144,695 | -17.6% |
| Equity | 10/15 | €203,723 | €113,295 | -€90,428 | -44.4% |
| Contributions | 10/11 | €93,600 | €93,600 | = | 0.0% |
| Reserves | 13 | €110,123 | €19,695 | -€90,428 | -82.1% |
| Non-distributable reserves | 130/1 | €9,360 | €9,360 | = | 0.0% |
| Reserves not available under the articles | 1311 | €9,360 | €9,360 | = | 0.0% |
| Distributable reserves | 133 | €100,763 | €10,335 | -€90,428 | -89.7% |
| Amounts payable | 17/49 | €616,708 | €562,441 | -€54,267 | -8.8% |
| Amounts payable after more than one year | 17 | €20,641 | €11,776 | -€8,864 | -42.9% |
| Financial debts | 170/4 | €20,641 | €11,776 | -€8,864 | -42.9% |
| Amounts payable within one year | 42/48 | €596,068 | €550,665 | -€45,403 | -7.6% |
| Current portion of amounts payable after more than one year | 42 | €8,397 | €8,864 | +€468 | +5.6% |
| Trade debts | 44 | €212,155 | €209,471 | -€2,684 | -1.3% |
| Suppliers | 440/4 | €212,155 | €209,471 | -€2,684 | -1.3% |
| Taxes, remuneration and social security | 45 | €21,165 | €6,974 | -€14,190 | -67.0% |
| Taxes | 450/3 | €21,165 | €6,974 | -€14,190 | -67.0% |
| Other amounts payable | 47/48 | €354,351 | €325,355 | -€28,996 | -8.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,930 | €19,841 | -€4,089 | -17.1% |
| Other operating charges | 640/8 | €2,416 | €2,061 | -€355 | -14.7% |
| Gross operating margin | 9900 | €55,473 | -€63,409 | -€118,882 | |
| Operating profit (loss) | 9901 | €29,127 | -€85,311 | -€114,438 | |
| Financial income | 75/76B | €106 | €0 | -€106 | -100.0% |
| Recurring financial income | 75 | €106 | €0 | -€106 | -100.0% |
| Financial charges | 65/66B | €3,470 | €5,116 | +€1,646 | +47.4% |
| Recurring financial charges | 65 | €3,470 | €5,116 | +€1,646 | +47.4% |
| Profit (loss) for the period before taxes | 9903 | €25,762 | -€90,428 | -€116,190 | |
| Income taxes | 67/77 | €6,685 | €0 | -€6,685 | -100.0% |
| Profit (loss) for the period | 9904 | €19,077 | -€90,428 | -€109,505 | |
| Profit (loss) for the period to be appropriated | 9905 | €19,077 | -€90,428 | -€109,505 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2021 and 31 December 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.