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WSL Techniek: 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.

What changed

WSL Techniek

BE 0795.487.201
NACE 77.222, Rental and leasing activities
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€3,794
2024 · €39,142-€35,348
Equity
€89,815
2024 · €86,020+€3,794
Cash
€21,094
2024 · €17,968+€3,126
Balance sheet total
€119,350
2024 · €112,581+€6,769

Largest movements

2024 to 2025
Assets
  • Tangible fixed assets +€3,620

    up €3,620 (+4.5%), from €79,711 to €83,331

    of which Plant, machinery and equipment: +€3,252

  • Cash +€3,126

    up €3,126 (+17.4%), from €17,968 to €21,094

    mainly Depreciation (+€21,624) and Other debts (+€4,800)

Equity and liabilities
  • Other debts +€4,800

    up €4,800 (+73.2%), from €6,558 to €11,358

  • Profit (loss) carried forward +€3,794

    up €3,794 (+4.5%), from €83,520 to €87,315

  • Tax, wage and social debts -€1,199

    down €1,199 (-17.9%), from €6,685 to €5,486

    of which Taxes: -€1,199

Income statement
  • Gross operating margin -€49,186

    down €49,186 (-64.7%), from €75,968 to €26,783

  • Taxes -€8,092

    down €8,092 (-93.8%), from €8,631 to €539

  • Depreciation -€6,303

    down €6,303 (-22.6%), from €27,928 to €21,624

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €39,142
Gross operating margin -€49,186
Depreciation +€6,303
Other operating charges -€401
Financial income -€165
Financial charges +€9
Taxes +€8,092
Result 2025 €3,794
raises the resultlowers the result

Derived cash bridge

cash 2024 to 2025

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.

From operations +€28,370
Investment -€25,244
Financing €0
Cash 2024 €17,968
Net result for the year +€3,794
Depreciation +€21,624
Receivables within one year +€742
Deferred charges and accrued income -€765
Trade debts -€626
Tax, wage and social debts -€1,199
Other debts +€4,800
Investment in fixed assets (net) -€25,244
Cash 2025 €21,094
brings cash intakes cash out
Every line side by side 37 lines
Line Code 2024 2025 Change %
Total assets 20/58 €112,581 €119,350 +€6,769 +6.0%
Fixed assets 21/28 €79,711 €83,331 +€3,620 +4.5%
Tangible fixed assets 22/27 €79,711 €83,331 +€3,620 +4.5%
Plant, machinery and equipment 23 €74,507 €77,758 +€3,252 +4.4%
Furniture and vehicles 24 €5,204 €4,044 -€1,160 -22.3%
Other tangible fixed assets 26 - €1,528 +€1,528
Current assets 29/58 €32,870 €36,019 +€3,149 +9.6%
Amounts receivable within one year 40/41 €14,902 €14,160 -€742 -5.0%
Trade receivables 40 €11,719 €11,291 -€428 -3.7%
Other amounts receivable 41 €3,184 €2,869 -€314 -9.9%
Cash at bank and in hand 54/58 €17,968 €21,094 +€3,126 +17.4%
Deferred charges and accrued income 490/1 - €765 +€765
Total equity and liabilities 10/49 €112,581 €119,350 +€6,769 +6.0%
Equity 10/15 €86,020 €89,815 +€3,794 +4.4%
Contributions 10/11 €2,500 €2,500 = 0.0%
Profit (loss) carried forward 14 €83,520 €87,315 +€3,794 +4.5%
Amounts payable 17/49 €26,561 €29,535 +€2,974 +11.2%
Amounts payable within one year 42/48 €26,561 €29,535 +€2,974 +11.2%
Current portion of amounts payable after more than one year 42 €9,924 €9,924 = 0.0%
Trade debts 44 €3,394 €2,767 -€626 -18.5%
Suppliers 440/4 €3,394 €2,767 -€626 -18.5%
Taxes, remuneration and social security 45 €6,685 €5,486 -€1,199 -17.9%
Taxes 450/3 €4,768 €3,569 -€1,199 -25.1%
Remuneration and social security 454/9 €1,917 €1,917 = 0.0%
Other amounts payable 47/48 €6,558 €11,358 +€4,800 +73.2%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €27,928 €21,624 -€6,303 -22.6%
Other operating charges 640/8 €205 €607 +€401 +195%
Gross operating margin 9900 €75,968 €26,783 -€49,186 -64.7%
Operating profit (loss) 9901 €47,835 €4,552 -€43,284 -90.5%
Financial income 75/76B €165 - -€165
Recurring financial income 75 €165 - -€165
Financial charges 65/66B €227 €219 -€9 -3.7%
Recurring financial charges 65 €227 €219 -€9 -3.7%
Profit (loss) for the period before taxes 9903 €47,773 €4,333 -€43,440 -90.9%
Income taxes 67/77 €8,631 €539 -€8,092 -93.8%
Profit (loss) for the period 9904 €39,142 €3,794 -€35,348 -90.3%
Profit (loss) for the period to be appropriated 9905 €39,142 €3,794 -€35,348 -90.3%

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 19 October 2026 via checked.be.