WP international: 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 international
Largest movements
- Cash +€130,751
up €130,751 (+40.7%), from €321,145 to €451,896
mainly Depreciation (+€151,949) and Net result for the year (+€89,043)
- Tangible fixed assets -€101,949
down €101,949 (-90.4%), from €112,743 to €10,794
of which Plant, machinery and equipment: -€83,635
- Receivables within one year +€72,731
up €72,731 (+80.5%), from €90,363 to €163,094
of which Trade receivables: +€72,777
- Intangible fixed assets -€50,000
down €50,000 (-33.3%), from €150,000 to €100,000
- Reserves +€89,043
up €89,043 (+17.1%), from €519,261 to €608,304
- Tax, wage and social debts -€30,054
down €30,054 (-25.6%), from €117,384 to €87,330
of which Remuneration and social security: -€16,060
- Gross operating margin -€67,214
down €67,214 (-11.6%), from €577,063 to €509,849
- Staff costs -€15,075
down €15,075 (-6.2%), from €241,940 to €226,865
- Taxes -€13,897
down €13,897 (-27.0%), from €51,513 to €37,616
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 | €768,985 | €818,814 | +€49,829 | +6.5% |
| Fixed assets | 21/28 | €263,421 | €111,472 | -€151,949 | -57.7% |
| Intangible fixed assets | 21 | €150,000 | €100,000 | -€50,000 | -33.3% |
| Tangible fixed assets | 22/27 | €112,743 | €10,794 | -€101,949 | -90.4% |
| Plant, machinery and equipment | 23 | €86,950 | €3,315 | -€83,635 | -96.2% |
| Furniture and vehicles | 24 | €25,793 | €7,479 | -€18,313 | -71.0% |
| Financial fixed assets | 28 | €677 | €677 | = | 0.0% |
| Current assets | 29/58 | €505,564 | €707,342 | +€201,778 | +39.9% |
| Stocks and contracts in progress | 3 | €89,056 | €87,767 | -€1,289 | -1.4% |
| Stocks | 30/36 | €89,056 | €87,767 | -€1,289 | -1.4% |
| Amounts receivable within one year | 40/41 | €90,363 | €163,094 | +€72,731 | +80.5% |
| Trade receivables | 40 | €90,317 | €163,094 | +€72,777 | +80.6% |
| Other amounts receivable | 41 | €46 | - | -€46 | |
| Cash at bank and in hand | 54/58 | €321,145 | €451,896 | +€130,751 | +40.7% |
| Deferred charges and accrued income | 490/1 | €5,000 | €4,585 | -€415 | -8.3% |
| Total equity and liabilities | 10/49 | €768,985 | €818,814 | +€49,829 | +6.5% |
| Equity | 10/15 | €537,861 | €626,904 | +€89,043 | +16.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €519,261 | €608,304 | +€89,043 | +17.1% |
| Distributable reserves | 133 | €519,261 | €608,304 | +€89,043 | +17.1% |
| Amounts payable | 17/49 | €231,123 | €191,910 | -€39,213 | -17.0% |
| Amounts payable after more than one year | 17 | €23,124 | €15,227 | -€7,897 | -34.1% |
| Financial debts | 170/4 | €23,124 | €15,227 | -€7,897 | -34.1% |
| Amounts payable within one year | 42/48 | €207,999 | €176,683 | -€31,317 | -15.1% |
| Current portion of amounts payable after more than one year | 42 | €7,621 | €7,897 | +€276 | +3.6% |
| Trade debts | 44 | €81,698 | €80,159 | -€1,539 | -1.9% |
| Suppliers | 440/4 | €81,698 | €80,159 | -€1,539 | -1.9% |
| Taxes, remuneration and social security | 45 | €117,384 | €87,330 | -€30,054 | -25.6% |
| Taxes | 450/3 | €77,618 | €63,625 | -€13,993 | -18.0% |
| Remuneration and social security | 454/9 | €39,766 | €23,705 | -€16,060 | -40.4% |
| Other amounts payable | 47/48 | €1,296 | €1,296 | -€0 | 0.0% |
| Remuneration, social security and pensions | 62 | €241,940 | €226,865 | -€15,075 | -6.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €151,949 | €151,949 | +€0 | 0.0% |
| Other operating charges | 640/8 | €1,379 | €3,286 | +€1,907 | +138% |
| Gross operating margin | 9900 | €577,063 | €509,849 | -€67,214 | -11.6% |
| Operating profit (loss) | 9901 | €181,796 | €127,750 | -€54,046 | -29.7% |
| Financial income | 75/76B | €4,424 | €1,751 | -€2,673 | -60.4% |
| Recurring financial income | 75 | €4,424 | €1,751 | -€2,673 | -60.4% |
| Financial charges | 65/66B | €4,044 | €2,843 | -€1,201 | -29.7% |
| Recurring financial charges | 65 | €3,548 | €2,843 | -€706 | -19.9% |
| Non-recurring financial charges | 66B | €496 | - | -€496 | |
| Profit (loss) for the period before taxes | 9903 | €182,176 | €126,658 | -€55,517 | -30.5% |
| Income taxes | 67/77 | €51,513 | €37,616 | -€13,897 | -27.0% |
| Profit (loss) for the period | 9904 | €130,663 | €89,043 | -€41,620 | -31.9% |
| Profit (loss) for the period to be appropriated | 9905 | €130,663 | €89,043 | -€41,620 | -31.9% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.