WVS BRICKS: 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.
WVS BRICKS
Largest movements
- Tangible fixed assets +€106,111
up €106,111 (+13.9%), from €766,005 to €872,116
of which Land and buildings: +€110,429
- Receivables within one year +€89,621
up €89,621 (+356.5%), from €25,139 to €114,760
of which Trade receivables: +€84,039
- Stocks and contracts -€49,973
down €49,973 (-36.5%), from €137,012 to €87,039
- Cash -€43,646
down €43,646 (-15.5%), from €280,852 to €237,206
mainly Investment in fixed assets (net) (-€156,735) and Receivables within one year (-€89,621)
- Debts after one year +€59,018
up €59,018 (+8.2%), from €723,451 to €782,468
of which Financial debts: +€36,850
- Reserves +€46,386
up €46,386 (+30.9%), from €150,000 to €196,386
- Revaluation surpluses +€44,009
new in 2025: €44,009
- Advances received -€30,665
no longer reported in 2025 (was €30,665)
- Tax, wage and social debts -€26,099
down €26,099 (-48.3%), from €54,073 to €27,974
- Gross operating margin -€188,991
down €188,991 (-55.3%), from €341,784 to €152,792
- Depreciation -€43,812
down €43,812 (-46.4%), from €94,436 to €50,624
- Taxes -€19,118
down €19,118 (-52.1%), from €36,707 to €17,589
- Financial charges -€11,785
down €11,785 (-29.5%), from €39,907 to €28,122
- Write-downs +€5,894
new in 2025: €5,894
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 | €1,209,008 | €1,311,120 | +€102,112 | +8.4% |
| Fixed assets | 21/28 | €766,005 | €872,116 | +€106,111 | +13.9% |
| Tangible fixed assets | 22/27 | €766,005 | €872,116 | +€106,111 | +13.9% |
| Land and buildings | 22 | €721,332 | €831,761 | +€110,429 | +15.3% |
| Plant, machinery and equipment | 23 | €32,032 | €23,487 | -€8,544 | -26.7% |
| Furniture and vehicles | 24 | €12,642 | €16,867 | +€4,226 | +33.4% |
| Current assets | 29/58 | €443,003 | €439,005 | -€3,998 | -0.9% |
| Stocks and contracts in progress | 3 | €137,012 | €87,039 | -€49,973 | -36.5% |
| Stocks | 30/36 | €137,012 | €87,039 | -€49,973 | -36.5% |
| Amounts receivable within one year | 40/41 | €25,139 | €114,760 | +€89,621 | +356.5% |
| Trade receivables | 40 | €25,139 | €109,179 | +€84,039 | +334.3% |
| Other amounts receivable | 41 | - | €5,582 | +€5,582 | |
| Cash at bank and in hand | 54/58 | €280,852 | €237,206 | -€43,646 | -15.5% |
| Total equity and liabilities | 10/49 | €1,209,008 | €1,311,120 | +€102,112 | +8.4% |
| Equity | 10/15 | €220,596 | €310,991 | +€90,395 | +41.0% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Revaluation surpluses | 12 | - | €44,009 | +€44,009 | |
| Reserves | 13 | €150,000 | €196,386 | +€46,386 | +30.9% |
| Distributable reserves | 133 | €150,000 | €196,386 | +€46,386 | +30.9% |
| Profit (loss) carried forward | 14 | €20,596 | €20,596 | = | 0.0% |
| Amounts payable | 17/49 | €988,412 | €1,000,130 | +€11,717 | +1.2% |
| Amounts payable after more than one year | 17 | €723,451 | €782,468 | +€59,018 | +8.2% |
| Financial debts | 170/4 | €516,130 | €552,980 | +€36,850 | +7.1% |
| Other amounts payable | 178/9 | €207,321 | €229,488 | +€22,167 | +10.7% |
| Amounts payable within one year | 42/48 | €254,855 | €207,803 | -€47,052 | -18.5% |
| Current portion of amounts payable after more than one year | 42 | €21,598 | €28,577 | +€6,979 | +32.3% |
| Trade debts | 44 | €143,806 | €148,955 | +€5,149 | +3.6% |
| Suppliers | 440/4 | €143,806 | €148,955 | +€5,149 | +3.6% |
| Advances received on contracts in progress | 46 | €30,665 | - | -€30,665 | |
| Taxes, remuneration and social security | 45 | €54,073 | €27,974 | -€26,099 | -48.3% |
| Taxes | 450/3 | €54,073 | €27,974 | -€26,099 | -48.3% |
| Other amounts payable | 47/48 | €4,713 | €2,297 | -€2,416 | -51.3% |
| Accrued charges and deferred income | 492/3 | €10,107 | €9,858 | -€248 | -2.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €94,436 | €50,624 | -€43,812 | -46.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €5,894 | +€5,894 | |
| Other operating charges | 640/8 | €2,209 | €5,833 | +€3,623 | +164.0% |
| Gross operating margin | 9900 | €341,784 | €152,792 | -€188,991 | -55.3% |
| Operating profit (loss) | 9901 | €245,138 | €90,442 | -€154,697 | -63.1% |
| Financial income | 75/76B | €2,072 | €1,655 | -€416 | -20.1% |
| Recurring financial income | 75 | €2,072 | €1,655 | -€416 | -20.1% |
| Financial charges | 65/66B | €39,907 | €28,122 | -€11,785 | -29.5% |
| Recurring financial charges | 65 | €39,907 | €28,122 | -€11,785 | -29.5% |
| Profit (loss) for the period before taxes | 9903 | €207,303 | €63,975 | -€143,328 | -69.1% |
| Income taxes | 67/77 | €36,707 | €17,589 | -€19,118 | -52.1% |
| Profit (loss) for the period | 9904 | €170,596 | €46,386 | -€124,210 | -72.8% |
| Profit (loss) for the period to be appropriated | 9905 | €170,596 | €46,386 | -€124,210 | -72.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.