WSCL Trading: 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.
WSCL Trading
Largest movements
- Financial fixed assets +€682,653
new in 2025: €682,653
- Cash -€122,288
down €122,288 (-99.8%), from €122,503 to €215
- Receivables within one year -€24,591
down €24,591 (-10.9%), from €226,293 to €201,702
of which Trade receivables: -€20,000
- Debts after one year +€537,653
new in 2025: €537,653
- Reserves -€10,500
down €10,500 (-70.0%), from €15,000 to €4,500
- Gross operating margin +€14,293
up €14,293, from -€13,110 to €1,183
- Other operating charges -€3,796
down €3,796 (-81.4%), from €4,662 to €866
- Financial income -€709
no longer reported in 2025 (was €709)
- Financial charges -€266
down €266 (-56.7%), from €469 to €203
- Taxes -€132
no longer reported in 2025 (was €132)
From the 2023 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €439,727 | €966,286 | +€526,559 | +120% |
| Fixed assets | 21/28 | €589 | €682,653 | +€682,064 | +115,800% |
| Tangible fixed assets | 22/27 | €589 | - | -€589 | |
| Furniture and vehicles | 24 | €589 | - | -€589 | |
| Financial fixed assets | 28 | - | €682,653 | +€682,653 | |
| Current assets | 29/58 | €439,138 | €283,633 | -€155,505 | -35.4% |
| Stocks and contracts in progress | 3 | €90,342 | €81,716 | -€8,626 | -9.5% |
| Stocks | 30/36 | €90,342 | €81,716 | -€8,626 | -9.5% |
| Amounts receivable within one year | 40/41 | €226,293 | €201,702 | -€24,591 | -10.9% |
| Trade receivables | 40 | €220,000 | €200,000 | -€20,000 | -9.1% |
| Other amounts receivable | 41 | €6,293 | €1,702 | -€4,591 | -73.0% |
| Cash at bank and in hand | 54/58 | €122,503 | €215 | -€122,288 | -99.8% |
| Total equity and liabilities | 10/49 | €439,727 | €966,286 | +€526,559 | +120% |
| Equity | 10/15 | €18,611 | €7,948 | -€10,663 | -57.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Contributions outside capital | 11 | €3,000 | €3,000 | = | 0.0% |
| Other | 1109/19 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €15,000 | €4,500 | -€10,500 | -70.0% |
| Distributable reserves | 133 | €15,000 | €4,500 | -€10,500 | -70.0% |
| Profit (loss) carried forward | 14 | €611 | €448 | -€163 | -26.7% |
| Amounts payable | 17/49 | €421,116 | €958,338 | +€537,222 | +128% |
| Amounts payable after more than one year | 17 | - | €537,653 | +€537,653 | |
| Financial debts | 170/4 | - | €537,653 | +€537,653 | |
| Amounts payable within one year | 42/48 | €420,028 | €419,685 | -€343 | -0.1% |
| Trade debts | 44 | €7,617 | €7,791 | +€174 | +2.3% |
| Suppliers | 440/4 | €7,617 | €7,791 | +€174 | +2.3% |
| Advances received on contracts in progress | 46 | €166,905 | €166,905 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €6 | - | -€6 | |
| Taxes | 450/3 | €6 | - | -€6 | |
| Other amounts payable | 47/48 | €245,500 | €244,989 | -€511 | -0.2% |
| Accrued charges and deferred income | 492/3 | €1,088 | €1,000 | -€88 | -8.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €322 | €267 | -€55 | -17.1% |
| Other operating charges | 640/8 | €4,662 | €866 | -€3,796 | -81.4% |
| Gross operating margin | 9900 | -€13,110 | €1,183 | +€14,293 | |
| Operating profit (loss) | 9901 | -€18,094 | €50 | +€18,144 | |
| Financial income | 75/76B | €709 | - | -€709 | |
| Recurring financial income | 75 | €709 | - | -€709 | |
| Financial charges | 65/66B | €469 | €203 | -€266 | -56.7% |
| Recurring financial charges | 65 | €469 | €203 | -€266 | -56.7% |
| Profit (loss) for the period before taxes | 9903 | -€17,854 | -€153 | +€17,701 | +99.1% |
| Income taxes | 67/77 | €132 | - | -€132 | |
| Profit (loss) for the period | 9904 | -€17,986 | -€153 | +€17,833 | +99.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€17,986 | -€153 | +€17,833 | +99.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.