WV 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.
WV Trading
Largest movements
- Cash +€15,375
up €15,375 (+1,444%), from €1,065 to €16,441
mainly Net result for the year (+€11,794) and Depreciation (+€3,235)
- Tangible fixed assets -€6,100
down €6,100 (-60.0%), from €10,162 to €4,062
of which Furniture and vehicles: -€5,400
- Receivables within one year -€626
down €626 (-1.9%), from €33,211 to €32,586
of which Trade receivables: -€3,163
- Reserves +€11,794
up €11,794 (+54.2%), from €21,775 to €33,569
- Trade debts -€5,416
down €5,416 (-83.8%), from €6,459 to €1,044
- Tax, wage and social debts +€1,358
up €1,358 (+7.9%), from €17,104 to €18,462
- Gross operating margin +€13,682
up €13,682 (+102%), from €13,429 to €27,111
- Taxes +€4,715
up €4,715 (+138%), from €3,421 to €8,136
- Financial charges +€2,104
up €2,104 (+120%), from €1,759 to €3,863
- Depreciation +€508
up €508 (+18.6%), from €2,726 to €3,235
- Other operating charges +€412
up €412 (+68.4%), from €603 to €1,015
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 | €47,838 | €55,575 | +€7,736 | +16.2% |
| Fixed assets | 21/28 | €11,685 | €5,227 | -€6,458 | -55.3% |
| Intangible fixed assets | 21 | €1,523 | €1,165 | -€358 | -23.5% |
| Tangible fixed assets | 22/27 | €10,162 | €4,062 | -€6,100 | -60.0% |
| Plant, machinery and equipment | 23 | €819 | €436 | -€383 | -46.7% |
| Furniture and vehicles | 24 | €8,427 | €3,026 | -€5,400 | -64.1% |
| Other tangible fixed assets | 26 | €916 | €599 | -€316 | -34.6% |
| Current assets | 29/58 | €36,154 | €50,348 | +€14,194 | +39.3% |
| Amounts receivable within one year | 40/41 | €33,211 | €32,586 | -€626 | -1.9% |
| Trade receivables | 40 | €17,673 | €14,510 | -€3,163 | -17.9% |
| Other amounts receivable | 41 | €15,538 | €18,076 | +€2,537 | +16.3% |
| Cash at bank and in hand | 54/58 | €1,065 | €16,441 | +€15,375 | +1,444% |
| Deferred charges and accrued income | 490/1 | €1,877 | €1,322 | -€556 | -29.6% |
| Total equity and liabilities | 10/49 | €47,838 | €55,575 | +€7,736 | +16.2% |
| Equity | 10/15 | €24,275 | €36,069 | +€11,794 | +48.6% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €21,775 | €33,569 | +€11,794 | +54.2% |
| Distributable reserves | 133 | €21,775 | €33,569 | +€11,794 | +54.2% |
| Amounts payable | 17/49 | €23,563 | €19,506 | -€4,058 | -17.2% |
| Amounts payable within one year | 42/48 | €23,563 | €19,506 | -€4,058 | -17.2% |
| Trade debts | 44 | €6,459 | €1,044 | -€5,416 | -83.8% |
| Suppliers | 440/4 | €6,459 | €1,044 | -€5,416 | -83.8% |
| Taxes, remuneration and social security | 45 | €17,104 | €18,462 | +€1,358 | +7.9% |
| Taxes | 450/3 | €17,104 | €18,462 | +€1,358 | +7.9% |
| Non-recurring operating income | 76A | - | €7,190 | +€7,190 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,726 | €3,235 | +€508 | +18.6% |
| Other operating charges | 640/8 | €603 | €1,015 | +€412 | +68.4% |
| Gross operating margin | 9900 | €13,429 | €27,111 | +€13,682 | +102% |
| Operating profit (loss) | 9901 | €10,100 | €22,862 | +€12,762 | +126% |
| Financial income | 75/76B | €743 | €931 | +€187 | +25.2% |
| Recurring financial income | 75 | €743 | €931 | +€187 | +25.2% |
| Financial charges | 65/66B | €1,759 | €3,863 | +€2,104 | +120% |
| Recurring financial charges | 65 | €1,759 | €3,863 | +€2,104 | +120% |
| Profit (loss) for the period before taxes | 9903 | €9,084 | €19,929 | +€10,846 | +119% |
| Income taxes | 67/77 | €3,421 | €8,136 | +€4,715 | +138% |
| Profit (loss) for the period | 9904 | €5,663 | €11,794 | +€6,131 | +108% |
| Profit (loss) for the period to be appropriated | 9905 | €5,663 | €11,794 | +€6,131 | +108% |
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.