WPL Management: 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.
WPL Management
Largest movements
- Receivables within one year +€15,314
up €15,314 (+14.5%), from €105,671 to €120,985
of which Trade receivables: +€9,151
- Cash +€1,655
up €1,655 (+105%), from €1,578 to €3,233
mainly Other debts (+€20,894) and Net result for the year (+€5,144)
- Other debts +€20,894
up €20,894 (+511%), from €4,088 to €24,982
- Tax, wage and social debts -€9,391
down €9,391 (-59.6%), from €15,763 to €6,372
- Profit (loss) carried forward +€5,144
up €5,144 (+7.2%), from €71,872 to €77,016
- Gross operating margin +€4,653
up €4,653, from -€1,773 to €2,881
- Financial income -€2,001
down €2,001 (-26.2%), from €7,644 to €5,643
- Other operating charges +€829
new in 2025: €829
- Taxes -€384
down €384 (-13.8%), from €2,776 to €2,392
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 | €107,249 | €124,218 | +€16,969 | +15.8% |
| Current assets | 29/58 | €107,249 | €124,218 | +€16,969 | +15.8% |
| Amounts receivable within one year | 40/41 | €105,671 | €120,985 | +€15,314 | +14.5% |
| Trade receivables | 40 | €4,547 | €13,698 | +€9,151 | +201% |
| Other amounts receivable | 41 | €101,125 | €107,287 | +€6,163 | +6.1% |
| Cash at bank and in hand | 54/58 | €1,578 | €3,233 | +€1,655 | +105% |
| Total equity and liabilities | 10/49 | €107,249 | €124,218 | +€16,969 | +15.8% |
| Equity | 10/15 | €86,132 | €91,276 | +€5,144 | +6.0% |
| Contributions | 10/11 | €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% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €71,872 | €77,016 | +€5,144 | +7.2% |
| Amounts payable | 17/49 | €21,117 | €32,942 | +€11,825 | +56.0% |
| Amounts payable within one year | 42/48 | €20,617 | €32,192 | +€11,575 | +56.1% |
| Trade debts | 44 | €766 | €838 | +€73 | +9.5% |
| Suppliers | 440/4 | €766 | €838 | +€73 | +9.5% |
| Taxes, remuneration and social security | 45 | €15,763 | €6,372 | -€9,391 | -59.6% |
| Taxes | 450/3 | €15,763 | €6,372 | -€9,391 | -59.6% |
| Other amounts payable | 47/48 | €4,088 | €24,982 | +€20,894 | +511% |
| Accrued charges and deferred income | 492/3 | €500 | €750 | +€250 | +50.0% |
| Other operating charges | 640/8 | - | €829 | +€829 | |
| Gross operating margin | 9900 | -€1,773 | €2,881 | +€4,653 | |
| Operating profit (loss) | 9901 | -€1,773 | €2,051 | +€3,824 | |
| Financial income | 75/76B | €7,644 | €5,643 | -€2,001 | -26.2% |
| Recurring financial income | 75 | €7,644 | €5,643 | -€2,001 | -26.2% |
| Financial charges | 65/66B | €152 | €159 | +€7 | +4.4% |
| Recurring financial charges | 65 | €152 | €159 | +€7 | +4.4% |
| Profit (loss) for the period before taxes | 9903 | €5,719 | €7,536 | +€1,817 | +31.8% |
| Income taxes | 67/77 | €2,776 | €2,392 | -€384 | -13.8% |
| Profit (loss) for the period | 9904 | €2,943 | €5,144 | +€2,201 | +74.8% |
| Profit (loss) for the period to be appropriated | 9905 | €2,943 | €5,144 | +€2,201 | +74.8% |
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 22 October 2026 via checked.be.