WWM: 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.
WWM
Largest movements
- Cash +€38,569
up €38,569 (+124%), from €31,068 to €69,636
mainly Net result for the year (+€25,135) and Other debts (+€10,445)
- Receivables within one year -€5,623
down €5,623 (-98.2%), from €5,729 to €105
of which Trade receivables: -€4,456
- Tangible fixed assets -€1,940
down €1,940 (-36.0%), from €5,384 to €3,444
- Profit (loss) carried forward +€25,135
up €25,135 (+83.7%), from €30,040 to €55,175
- Other debts +€10,445
up €10,445 (+3,707%), from €282 to €10,727
- Trade debts -€4,761
down €4,761 (-100%), from €4,761 to €0
- Gross operating margin +€2,492
up €2,492 (+7.8%), from €31,938 to €34,430
- Depreciation +€1,504
up €1,504 (+345%), from €436 to €1,940
- Other operating charges -€448
down €448 (-78.9%), from €568 to €120
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 | €42,181 | €73,186 | +€31,005 | +73.5% |
| Fixed assets | 21/28 | €5,384 | €3,444 | -€1,940 | -36.0% |
| Tangible fixed assets | 22/27 | €5,384 | €3,444 | -€1,940 | -36.0% |
| Plant, machinery and equipment | 23 | €5,384 | €3,444 | -€1,940 | -36.0% |
| Current assets | 29/58 | €36,796 | €69,742 | +€32,945 | +89.5% |
| Amounts receivable within one year | 40/41 | €5,729 | €105 | -€5,623 | -98.2% |
| Trade receivables | 40 | €4,456 | €0 | -€4,456 | -100% |
| Other amounts receivable | 41 | €1,272 | €105 | -€1,167 | -91.7% |
| Cash at bank and in hand | 54/58 | €31,068 | €69,636 | +€38,569 | +124% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €42,181 | €73,186 | +€31,005 | +73.5% |
| Equity | 10/15 | €31,040 | €56,175 | +€25,135 | +81.0% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €30,040 | €55,175 | +€25,135 | +83.7% |
| Amounts payable | 17/49 | €11,140 | €17,011 | +€5,870 | +52.7% |
| Amounts payable within one year | 42/48 | €11,140 | €17,011 | +€5,870 | +52.7% |
| Trade debts | 44 | €4,761 | €0 | -€4,761 | -100% |
| Suppliers | 440/4 | €4,761 | €0 | -€4,761 | -100% |
| Taxes, remuneration and social security | 45 | €6,097 | €6,284 | +€186 | +3.1% |
| Taxes | 450/3 | €6,097 | €6,284 | +€186 | +3.1% |
| Other amounts payable | 47/48 | €282 | €10,727 | +€10,445 | +3,707% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €436 | €1,940 | +€1,504 | +345% |
| Other operating charges | 640/8 | €568 | €120 | -€448 | -78.9% |
| Gross operating margin | 9900 | €31,938 | €34,430 | +€2,492 | +7.8% |
| Operating profit (loss) | 9901 | €30,934 | €32,370 | +€1,436 | +4.6% |
| Financial charges | 65/66B | €897 | €952 | +€55 | +6.1% |
| Recurring financial charges | 65 | €897 | €952 | +€55 | +6.1% |
| Profit (loss) for the period before taxes | 9903 | €30,037 | €31,418 | +€1,381 | +4.6% |
| Income taxes | 67/77 | €6,097 | €6,284 | +€186 | +3.1% |
| Profit (loss) for the period | 9904 | €23,940 | €25,135 | +€1,195 | +5.0% |
| Profit (loss) for the period to be appropriated | 9905 | €23,940 | €25,135 | +€1,195 | +5.0% |
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 21 October 2026 via checked.be.