WRCS Group: 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.
WRCS Group
Largest movements
- Tangible fixed assets -€8,548
down €8,548 (-8.4%), from €102,298 to €93,750
- Cash +€7,158
up €7,158 (+2,808%), from €255 to €7,413
mainly Depreciation (+€8,548) and Other debts (+€6,800)
- Profit (loss) carried forward -€11,110
down €11,110 (-93.2%), from -€11,922 to -€23,032
- Other debts +€6,800
up €6,800 (+6.9%), from €98,626 to €105,426
- Trade debts +€3,163
up €3,163 (+314%), from €1,006 to €4,169
- Depreciation -€2,111
down €2,111 (-19.8%), from €10,658 to €8,548
- Gross operating margin -€1,425
down €1,425 (-390%), from -€365 to -€1,790
- Other operating charges -€143
down €143 (-17.4%), from €825 to €682
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 | €102,728 | €101,563 | -€1,165 | -1.1% |
| Fixed assets | 21/28 | €102,298 | €93,750 | -€8,548 | -8.4% |
| Tangible fixed assets | 22/27 | €102,298 | €93,750 | -€8,548 | -8.4% |
| Land and buildings | 22 | €102,298 | €93,750 | -€8,548 | -8.4% |
| Current assets | 29/58 | €429 | €7,812 | +€7,383 | +1,720% |
| Amounts receivable within one year | 40/41 | - | €400 | +€400 | |
| Other amounts receivable | 41 | - | €400 | +€400 | |
| Cash at bank and in hand | 54/58 | €255 | €7,413 | +€7,158 | +2,808% |
| Deferred charges and accrued income | 490/1 | €174 | - | -€174 | |
| Total equity and liabilities | 10/49 | €102,728 | €101,563 | -€1,165 | -1.1% |
| Equity | 10/15 | €3,078 | -€8,032 | -€11,110 | |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€11,922 | -€23,032 | -€11,110 | -93.2% |
| Amounts payable | 17/49 | €99,650 | €109,595 | +€9,945 | +10.0% |
| Amounts payable within one year | 42/48 | €99,632 | €109,595 | +€9,963 | +10.0% |
| Trade debts | 44 | €1,006 | €4,169 | +€3,163 | +314% |
| Suppliers | 440/4 | €1,006 | €4,169 | +€3,163 | +314% |
| Other amounts payable | 47/48 | €98,626 | €105,426 | +€6,800 | +6.9% |
| Accrued charges and deferred income | 492/3 | €18 | - | -€18 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,658 | €8,548 | -€2,111 | -19.8% |
| Other operating charges | 640/8 | €825 | €682 | -€143 | -17.4% |
| Gross operating margin | 9900 | -€365 | -€1,790 | -€1,425 | -390% |
| Operating profit (loss) | 9901 | -€11,848 | -€11,019 | +€829 | +7.0% |
| Financial charges | 65/66B | €74 | €91 | +€17 | +22.8% |
| Recurring financial charges | 65 | €74 | €91 | +€17 | +22.8% |
| Profit (loss) for the period before taxes | 9903 | -€11,922 | -€11,110 | +€812 | +6.8% |
| Profit (loss) for the period | 9904 | -€11,922 | -€11,110 | +€812 | +6.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,922 | -€11,110 | +€812 | +6.8% |
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 18 October 2026 via checked.be.