WSE CONSTRUCT: 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.
WSE CONSTRUCT
Largest movements
- Receivables within one year -€5,444
down €5,444 (-24.1%), from €22,615 to €17,171
of which Trade receivables: -€9,082
- Cash -€875
down €875 (-41.6%), from €2,104 to €1,229
mainly Trade debts (-€12,966)
- Trade debts -€12,966
down €12,966 (-92.6%), from €14,005 to €1,038
- Tax, wage and social debts +€3,505
up €3,505 (+72.8%), from €4,811 to €8,316
of which Taxes: +€3,505
- Profit (loss) carried forward +€2,275
up €2,275 (+72.7%), from €3,131 to €5,406
- Other debts +€868
up €868 (+38.2%), from €2,273 to €3,140
- Gross operating margin +€3,653
up €3,653 (+87.7%), from €4,163 to €7,816
- Taxes +€2,594
up €2,594 (+284.6%), from €911 to €3,505
- Other operating charges +€1,628
new in 2024: €1,628
- Financial charges +€287
up €287 (+236.9%), from €121 to €408
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €24,719 | €18,400 | -€6,319 | -25.6% |
| Current assets | 29/58 | €24,719 | €18,400 | -€6,319 | -25.6% |
| Amounts receivable within one year | 40/41 | €22,615 | €17,171 | -€5,444 | -24.1% |
| Trade receivables | 40 | €21,880 | €12,798 | -€9,082 | -41.5% |
| Other amounts receivable | 41 | €735 | €4,373 | +€3,638 | +495.0% |
| Cash at bank and in hand | 54/58 | €2,104 | €1,229 | -€875 | -41.6% |
| Total equity and liabilities | 10/49 | €24,719 | €18,400 | -€6,319 | -25.6% |
| Equity | 10/15 | €3,631 | €5,906 | +€2,275 | +62.7% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,131 | €5,406 | +€2,275 | +72.7% |
| Amounts payable | 17/49 | €21,089 | €12,495 | -€8,594 | -40.8% |
| Amounts payable within one year | 42/48 | €21,089 | €12,495 | -€8,594 | -40.8% |
| Trade debts | 44 | €14,005 | €1,038 | -€12,966 | -92.6% |
| Suppliers | 440/4 | €14,005 | €1,038 | -€12,966 | -92.6% |
| Taxes, remuneration and social security | 45 | €4,811 | €8,316 | +€3,505 | +72.8% |
| Taxes | 450/3 | €911 | €4,416 | +€3,505 | +384.6% |
| Remuneration and social security | 454/9 | €3,900 | €3,900 | = | 0.0% |
| Other amounts payable | 47/48 | €2,273 | €3,140 | +€868 | +38.2% |
| Other operating charges | 640/8 | - | €1,628 | +€1,628 | |
| Gross operating margin | 9900 | €4,163 | €7,816 | +€3,653 | +87.7% |
| Operating profit (loss) | 9901 | €4,163 | €6,188 | +€2,025 | +48.6% |
| Financial charges | 65/66B | €121 | €408 | +€287 | +236.9% |
| Recurring financial charges | 65 | €121 | €408 | +€287 | +236.9% |
| Profit (loss) for the period before taxes | 9903 | €4,042 | €5,780 | +€1,738 | +43.0% |
| Income taxes | 67/77 | €911 | €3,505 | +€2,594 | +284.6% |
| Profit (loss) for the period | 9904 | €3,131 | €2,275 | -€855 | -27.3% |
| Profit (loss) for the period to be appropriated | 9905 | €3,131 | €2,275 | -€855 | -27.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.