WTC services: 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.
WTC services
Largest movements
- Deferred charges and accrued income +€28,838
up €28,838 (+1552.3%), from €1,858 to €30,696
- Receivables within one year -€22,568
down €22,568 (-62.7%), from €36,015 to €13,447
of which Other amounts receivable: -€28,541
- Tangible fixed assets -€9,278
down €9,278 (-16.1%), from €57,750 to €48,471
of which Other tangible fixed assets: -€6,139
- Cash -€4,541
down €4,541 (-63.6%), from €7,136 to €2,596
mainly Deferred charges and accrued income (-€28,838) and Trade debts (-€13,324)
- Other debts +€20,867
new in 2025: €20,867
- Trade debts -€13,324
down €13,324 (-87.7%), from €15,191 to €1,867
- Debts after one year -€9,803
down €9,803 (-28.3%), from €34,612 to €24,810
- Tax, wage and social debts -€7,097
down €7,097 (-48.8%), from €14,544 to €7,448
- Short-term financial debts -€5,587
down €5,587 (-100.0%), from €5,587 to €0
- Gross operating margin +€8,702
up €8,702 (+35.7%), from €24,363 to €33,065
- Taxes +€3,092
up €3,092 (+71.0%), from €4,355 to €7,448
- Depreciation -€940
down €940 (-8.4%), from €11,185 to €10,245
- Financial income -€905
down €905 (-75.7%), from €1,195 to €290
- Other operating charges +€354
up €354 (+36.1%), from €980 to €1,333
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.
Cash bridge derived
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 | €103,725 | €95,210 | -€8,515 | -8.2% |
| Fixed assets | 21/28 | €58,716 | €48,471 | -€10,245 | -17.4% |
| Intangible fixed assets | 21 | €966 | €0 | -€966 | -100.0% |
| Tangible fixed assets | 22/27 | €57,750 | €48,471 | -€9,278 | -16.1% |
| Land and buildings | 22 | €2,093 | €1,633 | -€460 | -22.0% |
| Plant, machinery and equipment | 23 | €741 | €407 | -€334 | -45.0% |
| Furniture and vehicles | 24 | €5,139 | €2,794 | -€2,345 | -45.6% |
| Other tangible fixed assets | 26 | €49,776 | €43,637 | -€6,139 | -12.3% |
| Current assets | 29/58 | €45,009 | €46,739 | +€1,729 | +3.8% |
| Amounts receivable within one year | 40/41 | €36,015 | €13,447 | -€22,568 | -62.7% |
| Trade receivables | 40 | €1,561 | €7,534 | +€5,973 | +382.7% |
| Other amounts receivable | 41 | €34,454 | €5,913 | -€28,541 | -82.8% |
| Cash at bank and in hand | 54/58 | €7,136 | €2,596 | -€4,541 | -63.6% |
| Deferred charges and accrued income | 490/1 | €1,858 | €30,696 | +€28,838 | +1552.3% |
| Total equity and liabilities | 10/49 | €103,725 | €95,210 | -€8,515 | -8.2% |
| Equity | 10/15 | €23,475 | €28,939 | +€5,464 | +23.3% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €25,972 | €26,439 | +€468 | +1.8% |
| Distributable reserves | 133 | €25,972 | €26,439 | +€468 | +1.8% |
| Profit (loss) carried forward | 14 | -€4,996 | €0 | +€4,996 | |
| Amounts payable | 17/49 | €80,250 | €66,271 | -€13,979 | -17.4% |
| Amounts payable after more than one year | 17 | €34,612 | €24,810 | -€9,803 | -28.3% |
| Financial debts | 170/4 | €34,612 | €24,810 | -€9,803 | -28.3% |
| Amounts payable within one year | 42/48 | €45,638 | €39,984 | -€5,654 | -12.4% |
| Current portion of amounts payable after more than one year | 42 | €10,316 | €9,803 | -€513 | -5.0% |
| Financial debts | 43 | €5,587 | €0 | -€5,587 | -100.0% |
| Credit institutions | 430/8 | €5,587 | €0 | -€5,587 | -100.0% |
| Trade debts | 44 | €15,191 | €1,867 | -€13,324 | -87.7% |
| Suppliers | 440/4 | €15,191 | €1,867 | -€13,324 | -87.7% |
| Taxes, remuneration and social security | 45 | €14,544 | €7,448 | -€7,097 | -48.8% |
| Taxes | 450/3 | €14,544 | €7,448 | -€7,097 | -48.8% |
| Other amounts payable | 47/48 | - | €20,867 | +€20,867 | |
| Accrued charges and deferred income | 492/3 | €0 | €1,477 | +€1,477 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,185 | €10,245 | -€940 | -8.4% |
| Other operating charges | 640/8 | €980 | €1,333 | +€354 | +36.1% |
| Gross operating margin | 9900 | €24,363 | €33,065 | +€8,702 | +35.7% |
| Operating profit (loss) | 9901 | €12,199 | €21,487 | +€9,288 | +76.1% |
| Financial income | 75/76B | €1,195 | €290 | -€905 | -75.7% |
| Recurring financial income | 75 | €1,195 | €290 | -€905 | -75.7% |
| Financial charges | 65/66B | €8,794 | €8,866 | +€72 | +0.8% |
| Recurring financial charges | 65 | €8,794 | €8,866 | +€72 | +0.8% |
| Profit (loss) for the period before taxes | 9903 | €4,600 | €12,912 | +€8,311 | +180.7% |
| Income taxes | 67/77 | €4,355 | €7,448 | +€3,092 | +71.0% |
| Profit (loss) for the period | 9904 | €245 | €5,464 | +€5,219 | +2128.2% |
| Profit (loss) for the period to be appropriated | 9905 | €245 | €5,464 | +€5,219 | +2128.2% |
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 11 October 2026 via checked.be.