WPP GROUP SERVICES: 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.
What changed
WPP GROUP SERVICES
NACE 70.100, Activities of head offices
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€1.3m
2024 · -€160,459+€1.5m
Equity
€32.2m
2024 · €30.9m+€1.3m
Cash
€207.5m
2024 · €205.3m+€2.3m
Balance sheet total
€2.71bn
2024 · €2.68bn+€27.2m
Largest movements
Assets
- Receivables within one year +€475.1m
up €475.1m (+26.1%), from €1.82bn to €2.29bn
of which Other amounts receivable: +€481.6m
- Current investments -€451.8m
down €451.8m (-69.3%), from €651.8m to €200.0m
Equity and liabilities
- Other debts +€43.4m
up €43.4m (+1.7%), from €2.63bn to €2.67bn
Income statement
- Financial charges -€50.5m
down €50.5m (-29.2%), from €173.2m to €122.7m
- Financial income -€48.2m
down €48.2m (-27.7%), from €174.0m to €125.7m
- Turnover -€380,523
down €380,523 (-3.5%), from €11.0m to €10.6m
- Taxes +€314,562
up €314,562 (+79.2%), from €397,052 to €711,614
of which Taxes: +€240,788
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.
Result 2024
-€160,459
Turnover
-€380,523
Services and other goods
-€65,968
Staff costs
-€34,089
Depreciation
-€21,016
Other operating charges
-€188
Financial income
-€48.2m
Financial charges
+€50.5m
Taxes
-€314,562
Result 2025
€1.3m
raises the resultlowers the result
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.
From operations
-€449.8m
Investment
+€452.0m
Financing
+€390
Cash 2024
€205.3m
From operations (derived)
-€449.8m
Net result for the year
+€1.3m
Depreciation
+€940,522
Receivables within one year
-€475.1m
Deferred charges and accrued income
-€2.8m
Trade debts
-€18.1m
Smaller working-capital items
+€652,040
Other debts
+€43.4m
Investment (derived)
+€452.0m
Investment in fixed assets (net)
+€190,220
Current investments
+€451.8m
Financing
+€390
Short-term financial debts
+€390
Cash 2025
€207.5m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,683,657,559 | €2,710,906,796 | +€27.2m | +1.0% |
| Fixed assets | 21/28 | €6,308,800 | €5,178,058 | -€1.1m | -17.9% |
| Tangible fixed assets | 22/27 | €6,076,342 | €5,158,184 | -€918,158 | -15.1% |
| Furniture and vehicles | 24 | €2,884,529 | €2,216,729 | -€667,800 | -23.2% |
| Other tangible fixed assets | 26 | €3,191,813 | €2,941,455 | -€250,358 | -7.8% |
| Financial fixed assets | 28 | €232,458 | €19,874 | -€212,584 | -91.5% |
| Affiliated companies | 280/1 | €231,134 | €18,550 | -€212,584 | -92.0% |
| Participating interests | 280 | €18,550 | €18,550 | = | 0.0% |
| Amounts receivable | 281 | €212,584 | - | -€212,584 | |
| Other financial fixed assets | 284/8 | €1,324 | €1,324 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €1,324 | €1,324 | = | 0.0% |
| Current assets | 29/58 | €2,677,348,759 | €2,705,728,738 | +€28.4m | +1.1% |
| Amounts receivable within one year | 40/41 | €1,818,070,353 | €2,293,188,986 | +€475.1m | +26.1% |
| Trade receivables | 40 | €9,438,816 | €2,986,689 | -€6.5m | -68.4% |
| Other amounts receivable | 41 | €1,808,631,537 | €2,290,202,297 | +€481.6m | +26.6% |
| Current investments | 50/53 | €651,841,800 | €200,000,000 | -€451.8m | -69.3% |
| Other investments | 51/53 | €651,841,800 | €200,000,000 | -€451.8m | -69.3% |
| Cash at bank and in hand | 54/58 | €205,254,596 | €207,522,021 | +€2.3m | +1.1% |
| Deferred charges and accrued income | 490/1 | €2,182,010 | €5,017,731 | +€2.8m | +130% |
| Total equity and liabilities | 10/49 | €2,683,657,559 | €2,710,906,796 | +€27.2m | +1.0% |
| Equity | 10/15 | €30,890,336 | €32,184,807 | +€1.3m | +4.2% |
| Contributions | 10/11 | €28,000,000 | €28,000,000 | = | 0.0% |
| Capital | 10 | €28,000,000 | €28,000,000 | = | 0.0% |
| Issued capital | 100 | €28,000,000 | €28,000,000 | = | 0.0% |
| Reserves | 13 | €2,890,336 | €4,184,807 | +€1.3m | +44.8% |
| Non-distributable reserves | 130/1 | €2,800,000 | €2,800,000 | = | 0.0% |
| Legal reserve | 130 | €2,800,000 | €2,800,000 | = | 0.0% |
| Distributable reserves | 133 | €90,336 | €1,384,807 | +€1.3m | +1,433% |
| Amounts payable | 17/49 | €2,652,767,223 | €2,678,721,989 | +€26.0m | +1.0% |
| Amounts payable within one year | 42/48 | €2,651,858,087 | €2,676,740,936 | +€24.9m | +0.9% |
| Financial debts | 43 | - | €390 | +€390 | |
| Other loans | 439 | - | €390 | +€390 | |
| Trade debts | 44 | €22,742,362 | €4,665,407 | -€18.1m | -79.5% |
| Suppliers | 440/4 | €22,742,362 | €4,665,407 | -€18.1m | -79.5% |
| Taxes, remuneration and social security | 45 | €1,132,424 | €712,547 | -€419,877 | -37.1% |
| Taxes | 450/3 | €950,000 | €488,220 | -€461,780 | -48.6% |
| Remuneration and social security | 454/9 | €182,424 | €224,327 | +€41,903 | +23.0% |
| Other amounts payable | 47/48 | €2,627,983,301 | €2,671,362,592 | +€43.4m | +1.7% |
| Accrued charges and deferred income | 492/3 | €909,136 | €1,981,053 | +€1.1m | +118% |
| Operating income | 70/76A | €10,964,445 | €10,583,922 | -€380,523 | -3.5% |
| Turnover | 70 | €10,964,445 | €10,583,922 | -€380,523 | -3.5% |
| Operating charges | 60/66A | €11,509,071 | €11,630,332 | +€121,261 | +1.1% |
| Services and other goods | 61 | €7,919,534 | €7,985,502 | +€65,968 | +0.8% |
| Remuneration, social security and pensions | 62 | €2,670,004 | €2,704,093 | +€34,089 | +1.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €919,506 | €940,522 | +€21,016 | +2.3% |
| Other operating charges | 640/8 | €27 | €215 | +€188 | +696% |
| Operating profit (loss) | 9901 | -€544,626 | -€1,046,410 | -€501,784 | -92.1% |
| Financial income | 75/76B | €173,954,829 | €125,711,849 | -€48.2m | -27.7% |
| Recurring financial income | 75 | €173,954,829 | €125,711,849 | -€48.2m | -27.7% |
| Income from financial fixed assets | 750 | €125,551,302 | €83,290,539 | -€42.3m | -33.7% |
| Income from current assets | 751 | €38,925,114 | €14,890,830 | -€24.0m | -61.7% |
| Other financial income | 752/9 | €9,478,413 | €27,530,480 | +€18.1m | +190% |
| Financial charges | 65/66B | €173,173,610 | €122,659,354 | -€50.5m | -29.2% |
| Recurring financial charges | 65 | €173,173,610 | €122,659,354 | -€50.5m | -29.2% |
| Debt charges | 650 | €164,565,874 | €88,297,998 | -€76.3m | -46.3% |
| Other financial charges | 652/9 | €8,607,736 | €34,361,356 | +€25.8m | +299% |
| Profit (loss) for the period before taxes | 9903 | €236,593 | €2,006,085 | +€1.8m | +748% |
| Income taxes | 67/77 | €397,052 | €711,614 | +€314,562 | +79.2% |
| Taxes | 670/3 | €470,826 | €711,614 | +€240,788 | +51.1% |
| Tax adjustments and reversals of tax provisions | 77 | €73,774 | - | -€73,774 | |
| Profit (loss) for the period | 9904 | -€160,459 | €1,294,471 | +€1.5m | |
| Profit (loss) for the period to be appropriated | 9905 | -€160,459 | €1,294,471 | +€1.5m |
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 24 October 2026 via checked.be.