WP 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.
WP Holding
Largest movements
- Receivables within one year +€50,660
up €50,660 (+57.8%), from €87,623 to €138,283
of which Trade receivables: +€36,550
- Cash +€7,906
up €7,906 (+19.6%), from €40,314 to €48,220
mainly Net result for the year (+€36,483) and Tax, wage and social debts (+€16,482)
- Reserves +€36,483
up €36,483 (+13.4%), from €271,682 to €308,165
of which Distributable reserves: +€38,343
- Tax, wage and social debts +€16,482
up €16,482 (+200%), from €8,257 to €24,739
- Short-term financial debts +€6,745
new in 2025: €6,745
- Financial charges -€10,980
down €10,980 (-19.8%), from €55,459 to €44,479
- Gross operating margin -€7,552
down €7,552 (-7.6%), from €99,597 to €92,044
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 | €518,646 | €580,519 | +€61,873 | +11.9% |
| Fixed assets | 21/28 | €390,000 | €390,000 | = | 0.0% |
| Financial fixed assets | 28 | €390,000 | €390,000 | = | 0.0% |
| Current assets | 29/58 | €128,646 | €190,519 | +€61,873 | +48.1% |
| Amounts receivable within one year | 40/41 | €87,623 | €138,283 | +€50,660 | +57.8% |
| Trade receivables | 40 | €76,620 | €113,170 | +€36,550 | +47.7% |
| Other amounts receivable | 41 | €11,003 | €25,113 | +€14,110 | +128% |
| Cash at bank and in hand | 54/58 | €40,314 | €48,220 | +€7,906 | +19.6% |
| Deferred charges and accrued income | 490/1 | €709 | €4,015 | +€3,306 | +466% |
| Total equity and liabilities | 10/49 | €518,646 | €580,519 | +€61,873 | +11.9% |
| Equity | 10/15 | €290,282 | €326,765 | +€36,483 | +12.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €271,682 | €308,165 | +€36,483 | +13.4% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €269,822 | €308,165 | +€38,343 | +14.2% |
| Amounts payable | 17/49 | €228,364 | €253,754 | +€25,390 | +11.1% |
| Amounts payable after more than one year | 17 | €205,000 | €205,000 | = | 0.0% |
| Other amounts payable | 178/9 | €205,000 | €205,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €9,871 | €33,277 | +€23,406 | +237% |
| Financial debts | 43 | - | €6,745 | +€6,745 | |
| Other loans | 439 | - | €6,745 | +€6,745 | |
| Trade debts | 44 | €1,614 | €1,577 | -€37 | -2.3% |
| Suppliers | 440/4 | €1,614 | €1,577 | -€37 | -2.3% |
| Taxes, remuneration and social security | 45 | €8,257 | €24,739 | +€16,482 | +200% |
| Taxes | 450/3 | €8,257 | €24,739 | +€16,482 | +200% |
| Other amounts payable | 47/48 | - | €215 | +€215 | |
| Accrued charges and deferred income | 492/3 | €13,493 | €15,478 | +€1,985 | +14.7% |
| Other operating charges | 640/8 | €1,165 | €1,196 | +€31 | +2.7% |
| Gross operating margin | 9900 | €99,597 | €92,044 | -€7,552 | -7.6% |
| Operating profit (loss) | 9901 | €98,432 | €90,848 | -€7,584 | -7.7% |
| Financial charges | 65/66B | €55,459 | €44,479 | -€10,980 | -19.8% |
| Recurring financial charges | 65 | €55,459 | €44,479 | -€10,980 | -19.8% |
| Profit (loss) for the period before taxes | 9903 | €42,973 | €46,370 | +€3,397 | +7.9% |
| Income taxes | 67/77 | €8,997 | €9,887 | +€890 | +9.9% |
| Profit (loss) for the period | 9904 | €33,976 | €36,483 | +€2,507 | +7.4% |
| Profit (loss) for the period to be appropriated | 9905 | €33,976 | €36,483 | +€2,507 | +7.4% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.