WVDP 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.
WVDP SERVICES
Largest movements
- Cash +€195,550
up €195,550 (+413%), from €47,342 to €242,892
mainly Net result for the year (+€285,369) and Other debts (+€64,445)
- Current investments +€54,570
up €54,570 (+6.3%), from €864,806 to €919,377
- Tangible fixed assets -€12,892
down €12,892 (-51.6%), from €25,000 to €12,108
of which Furniture and vehicles: -€11,183
- Receivables within one year +€12,337
up €12,337 (+127%), from €9,716 to €22,053
of which Other amounts receivable: +€10,000
- Reserves +€185,369
up €185,369 (+20.6%), from €898,821 to €1.1m
- Other debts +€64,445
up €64,445 (+177%), from €36,311 to €100,756
- Financial income +€255,026
up €255,026 (+575%), from €44,373 to €299,399
- Taxes +€18,058
up €18,058 (+65.3%), from €27,670 to €45,728
- Gross operating margin -€9,960
down €9,960 (-15.7%), from €63,364 to €53,405
- Financial charges +€6,332
up €6,332 (+3,418%), from €185 to €6,517
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 | €953,800 | €1,203,365 | +€249,565 | +26.2% |
| Fixed assets | 21/28 | €31,936 | €19,043 | -€12,892 | -40.4% |
| Tangible fixed assets | 22/27 | €25,000 | €12,108 | -€12,892 | -51.6% |
| Plant, machinery and equipment | 23 | €0 | €589 | +€589 | |
| Furniture and vehicles | 24 | €19,608 | €8,424 | -€11,183 | -57.0% |
| Other tangible fixed assets | 26 | €5,393 | €3,095 | -€2,297 | -42.6% |
| Financial fixed assets | 28 | €6,935 | €6,935 | = | 0.0% |
| Current assets | 29/58 | €921,865 | €1,184,322 | +€262,457 | +28.5% |
| Amounts receivable within one year | 40/41 | €9,716 | €22,053 | +€12,337 | +127% |
| Trade receivables | 40 | €9,716 | €12,053 | +€2,337 | +24.0% |
| Other amounts receivable | 41 | - | €10,000 | +€10,000 | |
| Current investments | 50/53 | €864,806 | €919,377 | +€54,570 | +6.3% |
| Cash at bank and in hand | 54/58 | €47,342 | €242,892 | +€195,550 | +413% |
| Total equity and liabilities | 10/49 | €953,800 | €1,203,365 | +€249,565 | +26.2% |
| Equity | 10/15 | €905,021 | €1,090,391 | +€185,369 | +20.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €898,821 | €1,084,191 | +€185,369 | +20.6% |
| Distributable reserves | 133 | €898,821 | €1,084,191 | +€185,369 | +20.6% |
| Amounts payable | 17/49 | €48,779 | €112,974 | +€64,195 | +132% |
| Amounts payable within one year | 42/48 | €48,779 | €112,974 | +€64,195 | +132% |
| Trade debts | 44 | €598 | €0 | -€598 | -99.9% |
| Suppliers | 440/4 | €598 | €0 | -€598 | -99.9% |
| Taxes, remuneration and social security | 45 | €11,870 | €12,218 | +€348 | +2.9% |
| Taxes | 450/3 | €11,870 | €12,218 | +€348 | +2.9% |
| Other amounts payable | 47/48 | €36,311 | €100,756 | +€64,445 | +177% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,435 | €13,553 | +€118 | +0.9% |
| Other operating charges | 640/8 | €1,008 | €1,637 | +€629 | +62.4% |
| Gross operating margin | 9900 | €63,364 | €53,405 | -€9,960 | -15.7% |
| Operating profit (loss) | 9901 | €48,921 | €38,215 | -€10,706 | -21.9% |
| Financial income | 75/76B | €44,373 | €299,399 | +€255,026 | +575% |
| Recurring financial income | 75 | €44,373 | €299,399 | +€255,026 | +575% |
| Financial charges | 65/66B | €185 | €6,517 | +€6,332 | +3,418% |
| Recurring financial charges | 65 | €185 | €6,517 | +€6,332 | +3,418% |
| Profit (loss) for the period before taxes | 9903 | €93,109 | €331,097 | +€237,988 | +256% |
| Income taxes | 67/77 | €27,670 | €45,728 | +€18,058 | +65.3% |
| Profit (loss) for the period | 9904 | €65,439 | €285,369 | +€219,931 | +336% |
| Profit (loss) for the period to be appropriated | 9905 | €65,439 | €285,369 | +€219,931 | +336% |
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 20 October 2026 via checked.be.