WR Belgique: what changed
WR Belgique
Largest movements
- Cash -€46,478
down €46,478 (-57.2%), from €81,235 to €34,757
mainly Other debts (-€60,884) and Trade debts (-€706)
- Deferred charges and accrued income -€3,965
down €3,965 (-11.1%), from €35,835 to €31,871
- Other debts -€60,884
down €60,884 (-48.0%), from €126,802 to €65,918
- Profit (loss) carried forward +€10,154
up €10,154 (+8.9%), from -€113,630 to -€103,476
- Financial charges -€5,737
down €5,737 (-57.8%), from €9,927 to €4,190
- Staff costs +€1,953
up €1,953 (+2.2%), from €88,368 to €90,321
- Gross operating margin +€1,188
up €1,188 (+1.1%), from €104,484 to €105,672
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €117,895 | €67,260 | -€50,634 | -42.9% |
| Fixed assets | 21/28 | €288 | €288 | = | 0.0% |
| Financial fixed assets | 28 | €288 | €288 | = | 0.0% |
| Current assets | 29/58 | €117,607 | €66,972 | -€50,634 | -43.1% |
| Amounts receivable within one year | 40/41 | €536 | €344 | -€192 | -35.7% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €536 | €344 | -€192 | -35.7% |
| Cash at bank and in hand | 54/58 | €81,235 | €34,757 | -€46,478 | -57.2% |
| Deferred charges and accrued income | 490/1 | €35,835 | €31,871 | -€3,965 | -11.1% |
| Total equity and liabilities | 10/49 | €117,895 | €67,260 | -€50,634 | -42.9% |
| Equity | 10/15 | -€38,630 | -€28,476 | +€10,154 | +26.3% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€113,630 | -€103,476 | +€10,154 | +8.9% |
| Amounts payable | 17/49 | €156,525 | €95,737 | -€60,788 | -38.8% |
| Amounts payable within one year | 42/48 | €156,525 | €95,367 | -€61,158 | -39.1% |
| Trade debts | 44 | €17,666 | €16,960 | -€706 | -4.0% |
| Suppliers | 440/4 | €17,666 | €16,960 | -€706 | -4.0% |
| Taxes, remuneration and social security | 45 | €12,057 | €12,489 | +€432 | +3.6% |
| Remuneration and social security | 454/9 | €12,057 | €12,489 | +€432 | +3.6% |
| Other amounts payable | 47/48 | €126,802 | €65,918 | -€60,884 | -48.0% |
| Accrued charges and deferred income | 492/3 | - | €369 | +€369 | |
| Remuneration, social security and pensions | 62 | €88,368 | €90,321 | +€1,953 | +2.2% |
| Other operating charges | 640/8 | €1,304 | €1,007 | -€297 | -22.8% |
| Gross operating margin | 9900 | €104,484 | €105,672 | +€1,188 | +1.1% |
| Operating profit (loss) | 9901 | €14,812 | €14,344 | -€468 | -3.2% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €9,927 | €4,190 | -€5,737 | -57.8% |
| Recurring financial charges | 65 | €9,927 | €4,190 | -€5,737 | -57.8% |
| Profit (loss) for the period before taxes | 9903 | €4,885 | €10,154 | +€5,269 | +108% |
| Profit (loss) for the period | 9904 | €4,885 | €10,154 | +€5,269 | +108% |
| Profit (loss) for the period to be appropriated | 9905 | €4,885 | €10,154 | +€5,269 | +108% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.