WP TECHNICS: 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 TECHNICS
Largest movements
- Tangible fixed assets -€5,311
down €5,311 (-14.1%), from €37,769 to €32,458
of which Furniture and vehicles: -€2,839
- Deferred charges and accrued income +€4,000
up €4,000 (+1,724%), from €232 to €4,232
- Receivables within one year -€2,010
down €2,010 (-17.7%), from €11,368 to €9,358
- Cash -€596
down €596 (-18.6%), from €3,201 to €2,605
mainly Trade debts (-€7,649) and Investment in fixed assets (net) (-€4,800)
- Trade debts -€7,649
down €7,649 (-56.3%), from €13,589 to €5,940
- Advances received +€2,134
up €2,134 (+62.0%), from €3,442 to €5,576
- Profit (loss) carried forward +€1,598
up €1,598 (+5.8%), from €27,704 to €29,302
- Turnover +€21,372
up €21,372 (+39.8%), from €53,710 to €75,082
- Purchases and services +€10,865
up €10,865 (+23.5%), from €46,248 to €57,113
- Gross operating margin +€10,507
up €10,507 (+141%), from €7,462 to €17,969
- Financial income -€8,895
down €8,895 (-99.9%), from €8,908 to €13
of which Non-recurring financial income: -€8,908
- Depreciation +€7,271
up €7,271 (+256%), from €2,840 to €10,111
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €52,795 | €48,878 | -€3,917 | -7.4% |
| Fixed assets | 21/28 | €37,994 | €32,683 | -€5,311 | -14.0% |
| Tangible fixed assets | 22/27 | €37,769 | €32,458 | -€5,311 | -14.1% |
| Plant, machinery and equipment | 23 | €7,416 | €4,944 | -€2,472 | -33.3% |
| Furniture and vehicles | 24 | €30,353 | €27,514 | -€2,839 | -9.4% |
| Financial fixed assets | 28 | €225 | €225 | = | 0.0% |
| Current assets | 29/58 | €14,801 | €16,195 | +€1,394 | +9.4% |
| Amounts receivable within one year | 40/41 | €11,368 | €9,358 | -€2,010 | -17.7% |
| Trade receivables | 40 | €11,368 | €9,358 | -€2,010 | -17.7% |
| Cash at bank and in hand | 54/58 | €3,201 | €2,605 | -€596 | -18.6% |
| Deferred charges and accrued income | 490/1 | €232 | €4,232 | +€4,000 | +1,724% |
| Total equity and liabilities | 10/49 | €52,795 | €48,878 | -€3,917 | -7.4% |
| Equity | 10/15 | €35,764 | €37,362 | +€1,598 | +4.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | €6,200 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €27,704 | €29,302 | +€1,598 | +5.8% |
| Amounts payable | 17/49 | €17,031 | €11,516 | -€5,515 | -32.4% |
| Amounts payable within one year | 42/48 | €17,031 | €11,516 | -€5,515 | -32.4% |
| Trade debts | 44 | €13,589 | €5,940 | -€7,649 | -56.3% |
| Suppliers | 440/4 | €13,589 | €5,940 | -€7,649 | -56.3% |
| Advances received on contracts in progress | 46 | €3,442 | €5,576 | +€2,134 | +62.0% |
| Turnover | 70 | €53,710 | €75,082 | +€21,372 | +39.8% |
| Goods, raw materials, services and sundry goods | 60/61 | €46,248 | €57,113 | +€10,865 | +23.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,840 | €10,111 | +€7,271 | +256% |
| Other operating charges | 640/8 | €1,464 | €3,040 | +€1,576 | +108% |
| Gross operating margin | 9900 | €7,462 | €17,969 | +€10,507 | +141% |
| Operating profit (loss) | 9901 | €3,158 | €4,818 | +€1,660 | +52.6% |
| Financial income | 75/76B | €8,908 | €13 | -€8,895 | -99.9% |
| Recurring financial income | 75 | €8,908 | €13 | -€8,895 | -99.9% |
| Non-recurring financial income | 76B | €8,908 | - | -€8,908 | |
| Financial charges | 65/66B | €731 | €213 | -€518 | -70.8% |
| Recurring financial charges | 65 | €731 | €213 | -€518 | -70.8% |
| Non-recurring financial charges | 66B | €731 | - | -€731 | |
| Profit (loss) for the period before taxes | 9903 | €11,335 | €4,618 | -€6,717 | -59.3% |
| Income taxes | 67/77 | €8,384 | €3,020 | -€5,364 | -64.0% |
| Profit (loss) for the period | 9904 | €2,951 | €1,599 | -€1,352 | -45.8% |
| Profit (loss) for the period to be appropriated | 9905 | €2,951 | €1,599 | -€1,352 | -45.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.