WRP M&A: 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.
WRP M&A
Largest movements
- Receivables within one year -€25,078
down €25,078 (-6.5%), from €383,045 to €357,967
of which Trade receivables: -€36,078
- Tax, wage and social debts -€19,211
down €19,211 (-84.8%), from €22,646 to €3,435
- Trade debts -€13,785
down €13,785 (-59.8%), from €23,035 to €9,250
- Reserves +€5,188
up €5,188 (+1.6%), from €322,591 to €327,778
- Other operating charges -€1,487
down €1,487 (-92.5%), from €1,607 to €120
- Gross operating margin +€1,346
up €1,346 (+42.2%), from -€3,192 to -€1,846
- Financial income -€649
down €649 (-7.0%), from €9,319 to €8,670
- Taxes +€598
up €598 (+69.1%), from €865 to €1,463
- Financial charges -€36
down €36 (-40.3%), from €89 to €53
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 | €386,129 | €358,321 | -€27,808 | -7.2% |
| Current assets | 29/58 | €386,129 | €358,321 | -€27,808 | -7.2% |
| Amounts receivable within one year | 40/41 | €383,045 | €357,967 | -€25,078 | -6.5% |
| Trade receivables | 40 | €36,551 | €473 | -€36,078 | -98.7% |
| Other amounts receivable | 41 | €346,494 | €357,494 | +€10,999 | +3.2% |
| Cash at bank and in hand | 54/58 | €3,084 | €354 | -€2,730 | -88.5% |
| Total equity and liabilities | 10/49 | €386,129 | €358,321 | -€27,808 | -7.2% |
| Equity | 10/15 | €340,448 | €345,636 | +€5,188 | +1.5% |
| Contributions | 10/11 | €750 | €750 | = | 0.0% |
| Reserves | 13 | €322,591 | €327,778 | +€5,188 | +1.6% |
| Distributable reserves | 133 | €322,591 | €327,778 | +€5,188 | +1.6% |
| Profit (loss) carried forward | 14 | €17,108 | €17,108 | = | 0.0% |
| Amounts payable | 17/49 | €45,681 | €12,685 | -€32,996 | -72.2% |
| Amounts payable within one year | 42/48 | €45,681 | €12,685 | -€32,996 | -72.2% |
| Trade debts | 44 | €23,035 | €9,250 | -€13,785 | -59.8% |
| Suppliers | 440/4 | €23,035 | €9,250 | -€13,785 | -59.8% |
| Taxes, remuneration and social security | 45 | €22,646 | €3,435 | -€19,211 | -84.8% |
| Taxes | 450/3 | €22,646 | €3,435 | -€19,211 | -84.8% |
| Non-recurring operating income | 76A | €132 | - | -€132 | |
| Other operating charges | 640/8 | €1,607 | €120 | -€1,487 | -92.5% |
| Gross operating margin | 9900 | -€3,192 | -€1,846 | +€1,346 | +42.2% |
| Operating profit (loss) | 9901 | -€4,800 | -€1,966 | +€2,833 | +59.0% |
| Financial income | 75/76B | €9,319 | €8,670 | -€649 | -7.0% |
| Recurring financial income | 75 | €9,319 | €8,670 | -€649 | -7.0% |
| Financial charges | 65/66B | €89 | €53 | -€36 | -40.3% |
| Recurring financial charges | 65 | €89 | €53 | -€36 | -40.3% |
| Profit (loss) for the period before taxes | 9903 | €4,431 | €6,651 | +€2,220 | +50.1% |
| Income taxes | 67/77 | €865 | €1,463 | +€598 | +69.1% |
| Profit (loss) for the period | 9904 | €3,566 | €5,188 | +€1,622 | +45.5% |
| Profit (loss) for the period to be appropriated | 9905 | €3,566 | €5,188 | +€1,622 | +45.5% |
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 30 October 2026 via checked.be.