WRLP: 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.
WRLP
Largest movements
- Receivables within one year +€80,874
up €80,874 (+132%), from €61,416 to €142,290
of which Other amounts receivable: +€81,999
- Tangible fixed assets +€6,137
up €6,137 (+10.5%), from €58,430 to €64,567
of which Other tangible fixed assets: +€16,347
- Cash +€2,294
up €2,294 (+72.1%), from €3,184 to €5,478
mainly Net result for the year (+€67,641) and Tax, wage and social debts (+€22,926)
- Reserves +€67,000
up €67,000 (+137%), from €49,000 to €116,000
- Tax, wage and social debts +€22,926
up €22,926 (+96.2%), from €23,843 to €46,769
- Debts after one year -€11,015
down €11,015 (-29.1%), from €37,890 to €26,875
- Trade debts +€8,880
up €8,880 (+446%), from €1,989 to €10,869
- Gross operating margin +€24,990
up €24,990 (+30.8%), from €81,185 to €106,175
- Taxes +€6,925
up €6,925 (+47.3%), from €14,634 to €21,559
- Depreciation +€2,018
up €2,018 (+18.1%), from €11,161 to €13,178
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 | €126,891 | €214,997 | +€88,106 | +69.4% |
| Fixed assets | 21/28 | €58,430 | €64,567 | +€6,137 | +10.5% |
| Tangible fixed assets | 22/27 | €58,430 | €64,567 | +€6,137 | +10.5% |
| Furniture and vehicles | 24 | €42,513 | €32,303 | -€10,210 | -24.0% |
| Other tangible fixed assets | 26 | €15,917 | €32,264 | +€16,347 | +103% |
| Current assets | 29/58 | €68,461 | €150,430 | +€81,969 | +120% |
| Stocks and contracts in progress | 3 | €3,861 | €2,423 | -€1,438 | -37.2% |
| Stocks | 30/36 | €3,861 | €2,423 | -€1,438 | -37.2% |
| Amounts receivable within one year | 40/41 | €61,416 | €142,290 | +€80,874 | +132% |
| Trade receivables | 40 | €19,275 | €18,150 | -€1,125 | -5.8% |
| Other amounts receivable | 41 | €42,141 | €124,140 | +€81,999 | +195% |
| Cash at bank and in hand | 54/58 | €3,184 | €5,478 | +€2,294 | +72.1% |
| Deferred charges and accrued income | 490/1 | - | €240 | +€240 | |
| Total equity and liabilities | 10/49 | €126,891 | €214,997 | +€88,106 | +69.4% |
| Equity | 10/15 | €51,827 | €118,635 | +€66,808 | +129% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €49,000 | €116,000 | +€67,000 | +137% |
| Distributable reserves | 133 | €49,000 | €116,000 | +€67,000 | +137% |
| Profit (loss) carried forward | 14 | €327 | €135 | -€192 | -58.6% |
| Amounts payable | 17/49 | €75,064 | €96,362 | +€21,298 | +28.4% |
| Amounts payable after more than one year | 17 | €37,890 | €26,875 | -€11,015 | -29.1% |
| Financial debts | 170/4 | €37,890 | €26,875 | -€11,015 | -29.1% |
| Amounts payable within one year | 42/48 | €37,173 | €69,487 | +€32,313 | +86.9% |
| Current portion of amounts payable after more than one year | 42 | €10,482 | €11,015 | +€533 | +5.1% |
| Trade debts | 44 | €1,989 | €10,869 | +€8,880 | +446% |
| Suppliers | 440/4 | €1,989 | €10,869 | +€8,880 | +446% |
| Taxes, remuneration and social security | 45 | €23,843 | €46,769 | +€22,926 | +96.2% |
| Taxes | 450/3 | €23,843 | €46,769 | +€22,926 | +96.2% |
| Other amounts payable | 47/48 | €859 | €833 | -€26 | -3.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,161 | €13,178 | +€2,018 | +18.1% |
| Other operating charges | 640/8 | €2,049 | €1,152 | -€896 | -43.8% |
| Gross operating margin | 9900 | €81,185 | €106,175 | +€24,990 | +30.8% |
| Operating profit (loss) | 9901 | €67,976 | €91,844 | +€23,868 | +35.1% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €2,323 | €2,644 | +€321 | +13.8% |
| Recurring financial charges | 65 | €2,323 | €2,644 | +€321 | +13.8% |
| Profit (loss) for the period before taxes | 9903 | €65,653 | €89,200 | +€23,547 | +35.9% |
| Income taxes | 67/77 | €14,634 | €21,559 | +€6,925 | +47.3% |
| Profit (loss) for the period | 9904 | €51,019 | €67,641 | +€16,622 | +32.6% |
| Profit (loss) for the period to be appropriated | 9905 | €51,019 | €67,641 | +€16,622 | +32.6% |
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 17 October 2026 via checked.be.