WP-Development: 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.
WP-Development
Largest movements
- Receivables within one year +€235,179
up €235,179 (+4322.9%), from €5,440 to €240,620
of which Trade receivables: +€235,000
- Stocks and contracts +€84,343
up €84,343 (+13.0%), from €651,195 to €735,538
- Trade debts +€204,649
up €204,649 (+300.8%), from €68,035 to €272,683
- Other debts +€129,506
up €129,506 (+25.7%), from €503,367 to €632,873
- Reserves -€13,971
down €13,971 (-20.0%), from €69,816 to €55,844
of which Distributable reserves: -€13,971
- Gross operating margin +€33,628
up €33,628, from -€23,430 to €10,198
- Write-downs -€21,598
down €21,598 (-79.8%), from €27,057 to €5,458
- Financial charges +€6,401
up €6,401 (+54.3%), from €11,791 to €18,192
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 | €660,486 | €980,024 | +€319,538 | +48.4% |
| Fixed assets | 21/28 | €2,700 | €2,700 | = | 0.0% |
| Financial fixed assets | 28 | €2,700 | €2,700 | = | 0.0% |
| Current assets | 29/58 | €657,786 | €977,324 | +€319,538 | +48.6% |
| Stocks and contracts in progress | 3 | €651,195 | €735,538 | +€84,343 | +13.0% |
| Stocks | 30/36 | €651,195 | €735,538 | +€84,343 | +13.0% |
| Amounts receivable within one year | 40/41 | €5,440 | €240,620 | +€235,179 | +4322.9% |
| Trade receivables | 40 | - | €235,000 | +€235,000 | |
| Other amounts receivable | 41 | €5,440 | €5,620 | +€179 | +3.3% |
| Cash at bank and in hand | 54/58 | €1,150 | €1,166 | +€16 | +1.4% |
| Total equity and liabilities | 10/49 | €660,486 | €980,024 | +€319,538 | +48.4% |
| Equity | 10/15 | €88,416 | €74,444 | -€13,971 | -15.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €69,816 | €55,844 | -€13,971 | -20.0% |
| Tax-exempt reserves | 132 | €1,686 | €1,686 | = | 0.0% |
| Distributable reserves | 133 | €68,130 | €54,158 | -€13,971 | -20.5% |
| Amounts payable | 17/49 | €572,070 | €905,580 | +€333,509 | +58.3% |
| Amounts payable within one year | 42/48 | €572,070 | €905,557 | +€333,486 | +58.3% |
| Trade debts | 44 | €68,035 | €272,683 | +€204,649 | +300.8% |
| Suppliers | 440/4 | €68,035 | €272,683 | +€204,649 | +300.8% |
| Taxes, remuneration and social security | 45 | €668 | - | -€668 | |
| Taxes | 450/3 | €668 | - | -€668 | |
| Other amounts payable | 47/48 | €503,367 | €632,873 | +€129,506 | +25.7% |
| Accrued charges and deferred income | 492/3 | - | €23 | +€23 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €27,057 | €5,458 | -€21,598 | -79.8% |
| Other operating charges | 640/8 | €505 | €520 | +€14 | +2.8% |
| Gross operating margin | 9900 | -€23,430 | €10,198 | +€33,628 | |
| Operating profit (loss) | 9901 | -€50,992 | €4,220 | +€55,213 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €11,791 | €18,192 | +€6,401 | +54.3% |
| Recurring financial charges | 65 | €11,791 | €18,192 | +€6,401 | +54.3% |
| Profit (loss) for the period before taxes | 9903 | -€62,783 | -€13,971 | +€48,812 | +77.7% |
| Profit (loss) for the period | 9904 | -€62,783 | -€13,971 | +€48,812 | +77.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€62,783 | -€13,971 | +€48,812 | +77.7% |
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 7 October 2026 via checked.be.