WRELM: what changed
Two fiscal 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.
WRELM
Largest movements
- Receivables within one year +€9,854
up €9,854 (+67.8%), from €14,542 to €24,396
of which Other amounts receivable: +€18,613
- Tangible fixed assets -€8,254
down €8,254 (-21.7%), from €38,091 to €29,837
- Cash +€2,368
up €2,368 (+92.5%), from €2,561 to €4,929
mainly Depreciation (+€8,254) and Net result for the year (+€3,090)
- Debts after one year -€4,590
down €4,590 (-20.5%), from €22,394 to €17,804
- Profit (loss) carried forward +€3,090
up €3,090 (+16.1%), from €19,141 to €22,231
- Trade debts +€2,876
new in 2025: €2,876
- Tax, wage and social debts +€2,589
new in 2025: €2,589
- Taxes +€6,781
new in 2025: €6,781
- Gross operating margin +€6,277
up €6,277 (+50.2%), from €12,513 to €18,790
- Depreciation +€5,078
up €5,078 (+159.9%), from €3,176 to €8,254
- Financial charges +€1,115
up €1,115 (+2477.8%), from €45 to €1,160
- Financial income +€790
new in 2025: €790
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 | €55,194 | €59,162 | +€3,968 | +7.2% |
| Fixed assets | 21/28 | €38,091 | €29,837 | -€8,254 | -21.7% |
| Tangible fixed assets | 22/27 | €38,091 | €29,837 | -€8,254 | -21.7% |
| Furniture and vehicles | 24 | €38,091 | €29,837 | -€8,254 | -21.7% |
| Current assets | 29/58 | €17,103 | €29,325 | +€12,222 | +71.5% |
| Amounts receivable within one year | 40/41 | €14,542 | €24,396 | +€9,854 | +67.8% |
| Trade receivables | 40 | €8,759 | - | -€8,759 | |
| Other amounts receivable | 41 | €5,783 | €24,396 | +€18,613 | +321.9% |
| Cash at bank and in hand | 54/58 | €2,561 | €4,929 | +€2,368 | +92.5% |
| Total equity and liabilities | 10/49 | €55,194 | €59,162 | +€3,968 | +7.2% |
| Equity | 10/15 | €27,201 | €30,291 | +€3,090 | +11.4% |
| Contributions | 10/11 | €8,060 | €8,060 | = | 0.0% |
| Profit (loss) carried forward | 14 | €19,141 | €22,231 | +€3,090 | +16.1% |
| Amounts payable | 17/49 | €27,993 | €28,871 | +€878 | +3.1% |
| Amounts payable after more than one year | 17 | €22,394 | €17,804 | -€4,590 | -20.5% |
| Financial debts | 170/4 | €22,394 | €17,804 | -€4,590 | -20.5% |
| Amounts payable within one year | 42/48 | €5,599 | €11,067 | +€5,468 | +97.7% |
| Current portion of amounts payable after more than one year | 42 | €5,599 | €5,602 | +€3 | +0.1% |
| Trade debts | 44 | - | €2,876 | +€2,876 | |
| Suppliers | 440/4 | - | €2,876 | +€2,876 | |
| Taxes, remuneration and social security | 45 | - | €2,589 | +€2,589 | |
| Taxes | 450/3 | - | €2,589 | +€2,589 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,176 | €8,254 | +€5,078 | +159.9% |
| Other operating charges | 640/8 | €763 | €295 | -€468 | -61.3% |
| Gross operating margin | 9900 | €12,513 | €18,790 | +€6,277 | +50.2% |
| Operating profit (loss) | 9901 | €8,574 | €10,241 | +€1,667 | +19.4% |
| Financial income | 75/76B | - | €790 | +€790 | |
| Recurring financial income | 75 | - | €790 | +€790 | |
| Financial charges | 65/66B | €45 | €1,160 | +€1,115 | +2477.8% |
| Recurring financial charges | 65 | €45 | €1,160 | +€1,115 | +2477.8% |
| Profit (loss) for the period before taxes | 9903 | €8,529 | €9,871 | +€1,342 | +15.7% |
| Income taxes | 67/77 | - | €6,781 | +€6,781 | |
| Profit (loss) for the period | 9904 | €8,529 | €3,090 | -€5,439 | -63.8% |
| Profit (loss) for the period to be appropriated | 9905 | €8,529 | €3,090 | -€5,439 | -63.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.