WR PROJECTS: 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.
WR PROJECTS
Largest movements
- Cash -€4,456
down €4,456 (-87.4%), from €5,096 to €640
mainly Net result for the year (-€10,547)
- Deferred charges and accrued income -€2,837
down €2,837 (-100.0%), from €2,837 to €0
- Receivables within one year -€1,694
down €1,694 (-7.7%), from €21,877 to €20,183
of which Other amounts receivable: -€7,589
- Profit (loss) carried forward -€10,547
down €10,547 (-185.0%), from -€5,702 to -€16,250
- Tax, wage and social debts +€1,389
up €1,389 (+38.3%), from €3,630 to €5,020
of which Remuneration and social security: +€3,173
- Gross operating margin -€9,757
down €9,757 (-1075.3%), from -€907 to -€10,664
- Other operating charges -€1,690
down €1,690 (-81.0%), from €2,087 to €397
- Taxes -€1,159
down €1,159 (-89.7%), from €1,292 to €133
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.
Cash bridge derived
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 | €32,310 | €23,322 | -€8,988 | -27.8% |
| Current assets | 29/58 | €32,310 | €23,322 | -€8,988 | -27.8% |
| Stocks and contracts in progress | 3 | €2,500 | €2,500 | = | 0.0% |
| Stocks | 30/36 | €2,500 | €2,500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €21,877 | €20,183 | -€1,694 | -7.7% |
| Trade receivables | 40 | €0 | €5,895 | +€5,895 | |
| Other amounts receivable | 41 | €21,877 | €14,288 | -€7,589 | -34.7% |
| Cash at bank and in hand | 54/58 | €5,096 | €640 | -€4,456 | -87.4% |
| Deferred charges and accrued income | 490/1 | €2,837 | €0 | -€2,837 | -100.0% |
| Total equity and liabilities | 10/49 | €32,310 | €23,322 | -€8,988 | -27.8% |
| Equity | 10/15 | €19,298 | €8,750 | -€10,547 | -54.7% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,702 | -€16,250 | -€10,547 | -185.0% |
| Amounts payable | 17/49 | €13,012 | €14,572 | +€1,560 | +12.0% |
| Amounts payable within one year | 42/48 | €13,012 | €14,572 | +€1,560 | +12.0% |
| Trade debts | 44 | €9,382 | €9,552 | +€171 | +1.8% |
| Suppliers | 440/4 | €9,382 | €9,552 | +€171 | +1.8% |
| Taxes, remuneration and social security | 45 | €3,630 | €5,020 | +€1,389 | +38.3% |
| Taxes | 450/3 | €3,630 | €1,847 | -€1,784 | -49.1% |
| Remuneration and social security | 454/9 | - | €3,173 | +€3,173 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | = | |
| Other operating charges | 640/8 | €2,087 | €397 | -€1,690 | -81.0% |
| Gross operating margin | 9900 | -€907 | -€10,664 | -€9,757 | -1075.3% |
| Operating profit (loss) | 9901 | -€2,994 | -€11,062 | -€8,067 | -269.4% |
| Financial income | 75/76B | €936 | €892 | -€43 | -4.6% |
| Recurring financial income | 75 | €936 | €892 | -€43 | -4.6% |
| Financial charges | 65/66B | €140 | €246 | +€105 | +75.2% |
| Recurring financial charges | 65 | €140 | €246 | +€105 | +75.2% |
| Profit (loss) for the period before taxes | 9903 | -€2,199 | -€10,415 | -€8,216 | -373.7% |
| Income taxes | 67/77 | €1,292 | €133 | -€1,159 | -89.7% |
| Profit (loss) for the period | 9904 | -€3,491 | -€10,547 | -€7,057 | -202.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,491 | -€10,547 | -€7,057 | -202.2% |
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 12 October 2026 via checked.be.