WREP: what changed
WREP
Largest movements
- Receivables within one year +€10,544
up €10,544 (+60.6%), from €17,386 to €27,931
of which Other amounts receivable: +€27,220
- Cash +€5,107
up €5,107 (+18.2%), from €28,120 to €33,228
mainly Net result for the year (+€15,054) and Tax, wage and social debts (+€6,698)
- Current investments +€4,800
new in 2025: €4,800
- Profit (loss) carried forward +€15,054
up €15,054 (+61.1%), from €24,636 to €39,690
- Tax, wage and social debts +€6,698
up €6,698 (+50.2%), from €13,348 to €20,046
- Trade debts -€1,157
down €1,157 (-83.9%), from €1,379 to €222
- Gross operating margin -€7,872
down €7,872 (-22.1%), from €35,625 to €27,753
- Financial charges +€2,898
up €2,898 (+119%), from €2,428 to €5,327
- Financial income +€738
up €738 (+3,687,700%), from €0 to €738
- Taxes -€720
down €720 (-8.9%), from €8,068 to €7,348
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 | €45,507 | €65,958 | +€20,452 | +44.9% |
| Current assets | 29/58 | €45,507 | €65,958 | +€20,452 | +44.9% |
| Amounts receivable within one year | 40/41 | €17,386 | €27,931 | +€10,544 | +60.6% |
| Trade receivables | 40 | €17,386 | €710 | -€16,676 | -95.9% |
| Other amounts receivable | 41 | - | €27,220 | +€27,220 | |
| Current investments | 50/53 | - | €4,800 | +€4,800 | |
| Cash at bank and in hand | 54/58 | €28,120 | €33,228 | +€5,107 | +18.2% |
| Total equity and liabilities | 10/49 | €45,507 | €65,958 | +€20,452 | +44.9% |
| Equity | 10/15 | €30,636 | €45,690 | +€15,054 | +49.1% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €24,636 | €39,690 | +€15,054 | +61.1% |
| Amounts payable | 17/49 | €14,870 | €20,268 | +€5,398 | +36.3% |
| Amounts payable within one year | 42/48 | €14,870 | €20,268 | +€5,398 | +36.3% |
| Trade debts | 44 | €1,379 | €222 | -€1,157 | -83.9% |
| Suppliers | 440/4 | €1,379 | €222 | -€1,157 | -83.9% |
| Taxes, remuneration and social security | 45 | €13,348 | €20,046 | +€6,698 | +50.2% |
| Taxes | 450/3 | €13,348 | €20,046 | +€6,698 | +50.2% |
| Other amounts payable | 47/48 | €143 | - | -€143 | |
| Other operating charges | 640/8 | €493 | €763 | +€270 | +54.7% |
| Gross operating margin | 9900 | €35,625 | €27,753 | -€7,872 | -22.1% |
| Operating profit (loss) | 9901 | €35,133 | €26,991 | -€8,142 | -23.2% |
| Financial income | 75/76B | €0 | €738 | +€738 | +3,687,700% |
| Recurring financial income | 75 | €0 | €738 | +€738 | +3,687,700% |
| Financial charges | 65/66B | €2,428 | €5,327 | +€2,898 | +119% |
| Recurring financial charges | 65 | €2,428 | €5,327 | +€2,898 | +119% |
| Profit (loss) for the period before taxes | 9903 | €32,704 | €22,402 | -€10,303 | -31.5% |
| Income taxes | 67/77 | €8,068 | €7,348 | -€720 | -8.9% |
| Profit (loss) for the period | 9904 | €24,636 | €15,054 | -€9,582 | -38.9% |
| Profit (loss) for the period to be appropriated | 9905 | €24,636 | €15,054 | -€9,582 | -38.9% |
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 3 November 2026 via checked.be.