WW Construct: 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.
WW Construct
Largest movements
- Receivables within one year -€14,992
down €14,992 (-80.1%), from €18,728 to €3,736
of which Other amounts receivable: -€15,237
- Cash -€13,490
down €13,490 (-92.7%), from €14,556 to €1,066
mainly Contributions, distributions and other (-€48,000) and Investment in fixed assets (net) (-€1,679)
- Tangible fixed assets -€841
down €841 (-28.6%), from €2,936 to €2,095
of which Plant, machinery and equipment: -€944
- Deferred charges and accrued income -€515
down €515 (-57.1%), from €902 to €387
- Profit (loss) carried forward -€27,057
down €27,057 (-98.0%), from €27,616 to €559
- Tax, wage and social debts -€1,507
down €1,507 (-40.3%), from €3,740 to €2,234
- Trade debts -€1,495
down €1,495 (-84.7%), from €1,765 to €271
- Gross operating margin +€9,075
up €9,075 (+58.5%), from €15,525 to €24,601
- Depreciation -€4,585
down €4,585 (-64.5%), from €7,105 to €2,520
- Taxes -€2,141
down €2,141 (-97.9%), from €2,187 to €46
- Financial income -€931
down €931 (-99.7%), from €934 to €3
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 | €37,122 | €7,284 | -€29,838 | -80.4% |
| Fixed assets | 21/28 | €2,936 | €2,095 | -€841 | -28.6% |
| Tangible fixed assets | 22/27 | €2,936 | €2,095 | -€841 | -28.6% |
| Plant, machinery and equipment | 23 | €1,488 | €544 | -€944 | -63.5% |
| Furniture and vehicles | 24 | €1,448 | €1,551 | +€103 | +7.1% |
| Current assets | 29/58 | €34,186 | €5,189 | -€28,997 | -84.8% |
| Amounts receivable within one year | 40/41 | €18,728 | €3,736 | -€14,992 | -80.1% |
| Trade receivables | 40 | €600 | €845 | +€245 | +40.8% |
| Other amounts receivable | 41 | €18,128 | €2,891 | -€15,237 | -84.1% |
| Cash at bank and in hand | 54/58 | €14,556 | €1,066 | -€13,490 | -92.7% |
| Deferred charges and accrued income | 490/1 | €902 | €387 | -€515 | -57.1% |
| Total equity and liabilities | 10/49 | €37,122 | €7,284 | -€29,838 | -80.4% |
| Equity | 10/15 | €30,916 | €3,859 | -€27,057 | -87.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €300 | €300 | = | 0.0% |
| Non-distributable reserves | 130/1 | €300 | €300 | = | 0.0% |
| Reserves not available under the articles | 1311 | €300 | €300 | = | 0.0% |
| Profit (loss) carried forward | 14 | €27,616 | €559 | -€27,057 | -98.0% |
| Amounts payable | 17/49 | €6,206 | €3,425 | -€2,781 | -44.8% |
| Amounts payable within one year | 42/48 | €6,206 | €3,425 | -€2,781 | -44.8% |
| Trade debts | 44 | €1,765 | €271 | -€1,495 | -84.7% |
| Suppliers | 440/4 | €1,765 | €271 | -€1,495 | -84.7% |
| Taxes, remuneration and social security | 45 | €3,740 | €2,234 | -€1,507 | -40.3% |
| Taxes | 450/3 | €3,740 | €2,234 | -€1,507 | -40.3% |
| Other amounts payable | 47/48 | €700 | €921 | +€221 | +31.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,105 | €2,520 | -€4,585 | -64.5% |
| Other operating charges | 640/8 | €908 | €781 | -€127 | -14.0% |
| Non-recurring operating charges | 66A | €159 | €169 | +€10 | +6.3% |
| Gross operating margin | 9900 | €15,525 | €24,601 | +€9,075 | +58.5% |
| Operating profit (loss) | 9901 | €7,353 | €21,131 | +€13,778 | +187.4% |
| Financial income | 75/76B | €934 | €3 | -€931 | -99.7% |
| Recurring financial income | 75 | €934 | €3 | -€931 | -99.7% |
| Financial charges | 65/66B | €242 | €145 | -€97 | -40.2% |
| Recurring financial charges | 65 | €242 | €145 | -€97 | -40.2% |
| Profit (loss) for the period before taxes | 9903 | €8,045 | €20,989 | +€12,944 | +160.9% |
| Income taxes | 67/77 | €2,187 | €46 | -€2,141 | -97.9% |
| Profit (loss) for the period | 9904 | €5,857 | €20,943 | +€15,086 | +257.6% |
| Profit (loss) for the period to be appropriated | 9905 | €5,857 | €20,943 | +€15,086 | +257.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.