WPC: 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.
WPC
Largest movements
- Deferred charges and accrued income +€9,425
up €9,425 (+60.1%), from €15,676 to €25,102
- Cash -€5,250
down €5,250 (-49.4%), from €10,630 to €5,380
mainly Debts after one year (-€11,900) and Deferred charges and accrued income (-€9,425)
- Receivables within one year -€2,918
down €2,918 (-14.5%), from €20,138 to €17,220
of which Trade receivables: -€2,928
- Debts after one year -€11,900
no longer reported in 2025 (was €11,900)
- Other debts +€11,423
up €11,423 (+632%), from €1,807 to €13,231
- Tax, wage and social debts +€1,470
new in 2025: €1,470
- Trade debts +€936
up €936 (+79.5%), from €1,177 to €2,113
- Profit (loss) carried forward -€672
new in 2025: -€672
- Gross operating margin -€6,715
down €6,715 (-98.2%), from €6,838 to €123
- Taxes -€2,051
down €2,051 (-90.9%), from €2,257 to €206
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 | €46,444 | €47,701 | +€1,257 | +2.7% |
| Current assets | 29/58 | €46,444 | €47,701 | +€1,257 | +2.7% |
| Amounts receivable within one year | 40/41 | €20,138 | €17,220 | -€2,918 | -14.5% |
| Trade receivables | 40 | €18,875 | €15,948 | -€2,928 | -15.5% |
| Other amounts receivable | 41 | €1,262 | €1,272 | +€10 | +0.8% |
| Cash at bank and in hand | 54/58 | €10,630 | €5,380 | -€5,250 | -49.4% |
| Deferred charges and accrued income | 490/1 | €15,676 | €25,102 | +€9,425 | +60.1% |
| Total equity and liabilities | 10/49 | €46,444 | €47,701 | +€1,257 | +2.7% |
| Equity | 10/15 | €31,560 | €30,887 | -€672 | -2.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €25,360 | €25,360 | = | 0.0% |
| Distributable reserves | 133 | €25,360 | €25,360 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€672 | -€672 | |
| Amounts payable | 17/49 | €14,884 | €16,814 | +€1,930 | +13.0% |
| Amounts payable after more than one year | 17 | €11,900 | - | -€11,900 | |
| Financial debts | 170/4 | €11,900 | - | -€11,900 | |
| Amounts payable within one year | 42/48 | €2,984 | €16,814 | +€13,830 | +463% |
| Trade debts | 44 | €1,177 | €2,113 | +€936 | +79.5% |
| Suppliers | 440/4 | €1,177 | €2,113 | +€936 | +79.5% |
| Taxes, remuneration and social security | 45 | - | €1,470 | +€1,470 | |
| Taxes | 450/3 | - | €1,470 | +€1,470 | |
| Other amounts payable | 47/48 | €1,807 | €13,231 | +€11,423 | +632% |
| Other operating charges | 640/8 | €573 | €590 | +€17 | +2.9% |
| Gross operating margin | 9900 | €6,838 | €123 | -€6,715 | -98.2% |
| Operating profit (loss) | 9901 | €6,264 | -€467 | -€6,732 | |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €38 | - | -€38 | |
| Recurring financial charges | 65 | €38 | - | -€38 | |
| Profit (loss) for the period before taxes | 9903 | €6,227 | -€467 | -€6,694 | |
| Income taxes | 67/77 | €2,257 | €206 | -€2,051 | -90.9% |
| Profit (loss) for the period | 9904 | €3,970 | -€672 | -€4,642 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,970 | -€672 | -€4,642 |
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 15 October 2026 via checked.be.