Wpack: 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.
Wpack
Largest movements
- Receivables within one year -€30,572
down €30,572 (-51.7%), from €59,172 to €28,600
of which Trade receivables: -€44,059
- Trade debts -€19,557
down €19,557 (-82.6%), from €23,663 to €4,107
- Other debts -€10,102
down €10,102 (-100%), from €10,102 to €0
- Tax, wage and social debts -€1,255
down €1,255 (-20.8%), from €6,030 to €4,775
of which Taxes: -€1,355
- Gross operating margin -€15,121
down €15,121 (-86.1%), from €17,569 to €2,449
- Staff costs -€12,778
down €12,778 (-96.2%), from €13,281 to €503
- Taxes -€365
down €365 (-35.4%), from €1,031 to €666
- Financial income -€178
down €178 (-99.8%), from €179 to €0
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 | €59,305 | €28,792 | -€30,514 | -51.5% |
| Current assets | 29/58 | €59,305 | €28,792 | -€30,514 | -51.5% |
| Amounts receivable within one year | 40/41 | €59,172 | €28,600 | -€30,572 | -51.7% |
| Trade receivables | 40 | €55,002 | €10,943 | -€44,059 | -80.1% |
| Other amounts receivable | 41 | €4,169 | €17,657 | +€13,487 | +323% |
| Cash at bank and in hand | 54/58 | €134 | €192 | +€58 | +43.7% |
| Total equity and liabilities | 10/49 | €59,305 | €28,792 | -€30,514 | -51.5% |
| Equity | 10/15 | €19,511 | €19,910 | +€399 | +2.0% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €2,400 | €2,400 | = | 0.0% |
| Distributable reserves | 133 | €2,400 | €2,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,111 | €7,510 | +€399 | +5.6% |
| Amounts payable | 17/49 | €39,795 | €8,882 | -€30,913 | -77.7% |
| Amounts payable within one year | 42/48 | €39,795 | €8,882 | -€30,913 | -77.7% |
| Trade debts | 44 | €23,663 | €4,107 | -€19,557 | -82.6% |
| Suppliers | 440/4 | €23,663 | €4,107 | -€19,557 | -82.6% |
| Taxes, remuneration and social security | 45 | €6,030 | €4,775 | -€1,255 | -20.8% |
| Taxes | 450/3 | €3,830 | €2,475 | -€1,355 | -35.4% |
| Remuneration and social security | 454/9 | €2,200 | €2,300 | +€100 | +4.5% |
| Other amounts payable | 47/48 | €10,102 | €0 | -€10,102 | -100% |
| Remuneration, social security and pensions | 62 | €13,281 | €503 | -€12,778 | -96.2% |
| Other operating charges | 640/8 | €654 | €768 | +€113 | +17.3% |
| Gross operating margin | 9900 | €17,569 | €2,449 | -€15,121 | -86.1% |
| Operating profit (loss) | 9901 | €3,634 | €1,178 | -€2,456 | -67.6% |
| Financial income | 75/76B | €179 | €0 | -€178 | -99.8% |
| Recurring financial income | 75 | €179 | €0 | -€178 | -99.8% |
| Financial charges | 65/66B | €71 | €112 | +€42 | +59.0% |
| Recurring financial charges | 65 | €71 | €112 | +€42 | +59.0% |
| Profit (loss) for the period before taxes | 9903 | €3,742 | €1,066 | -€2,676 | -71.5% |
| Income taxes | 67/77 | €1,031 | €666 | -€365 | -35.4% |
| Profit (loss) for the period | 9904 | €2,711 | €399 | -€2,311 | -85.3% |
| Profit (loss) for the period to be appropriated | 9905 | €2,711 | €399 | -€2,311 | -85.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.