WY PROJECTS: 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.
WY PROJECTS
Largest movements
- Stocks and contracts -€399,908
down €399,908 (-20.5%), from €1.9m to €1.5m
- Cash -€163,609
down €163,609 (-85.9%), from €190,538 to €26,929
mainly Debts after one year (-€249,168) and Net result for the year (-€186,983)
- Tangible fixed assets -€41,585
down €41,585 (-14.4%), from €288,223 to €246,638
of which Furniture and vehicles: -€36,100
- Debts after one year -€249,168
down €249,168 (-12.4%), from €2.0m to €1.8m
- Profit (loss) carried forward -€186,983
down €186,983 (-101.2%), from -€184,853 to -€371,836
- Other debts -€76,165
down €76,165 (-23.6%), from €323,026 to €246,861
- Trade debts -€56,508
down €56,508 (-45.6%), from €123,998 to €67,490
- Tax, wage and social debts -€52,918
down €52,918 (-91.2%), from €58,043 to €5,124
of which Taxes: -€51,270
- Purchases and services -€2.3m
no longer reported in 2025 (was €2.3m)
- Turnover -€322,758
no longer reported in 2025 (was €322,758)
- Gross operating margin +€60,220
up €60,220, from -€58,051 to €2,169
- Staff costs +€44,815
up €44,815 (+366.3%), from €12,236 to €57,052
- Depreciation +€20,791
up €20,791 (+69.5%), from €29,919 to €50,710
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 | €2,475,073 | €1,855,000 | -€620,073 | -25.1% |
| Fixed assets | 21/28 | €288,223 | €246,638 | -€41,585 | -14.4% |
| Tangible fixed assets | 22/27 | €288,223 | €246,638 | -€41,585 | -14.4% |
| Plant, machinery and equipment | 23 | €130,004 | €124,519 | -€5,485 | -4.2% |
| Furniture and vehicles | 24 | €158,219 | €122,119 | -€36,100 | -22.8% |
| Current assets | 29/58 | €2,186,850 | €1,608,362 | -€578,489 | -26.5% |
| Stocks and contracts in progress | 3 | €1,949,835 | €1,549,927 | -€399,908 | -20.5% |
| Stocks | 30/36 | €1,949,835 | €1,549,927 | -€399,908 | -20.5% |
| Amounts receivable within one year | 40/41 | €35,745 | €19,191 | -€16,554 | -46.3% |
| Trade receivables | 40 | €32,273 | €15,560 | -€16,712 | -51.8% |
| Other amounts receivable | 41 | €3,472 | €3,630 | +€159 | +4.6% |
| Cash at bank and in hand | 54/58 | €190,538 | €26,929 | -€163,609 | -85.9% |
| Deferred charges and accrued income | 490/1 | €10,733 | €12,315 | +€1,582 | +14.7% |
| Total equity and liabilities | 10/49 | €2,475,073 | €1,855,000 | -€620,073 | -25.1% |
| Equity | 10/15 | -€84,853 | -€271,836 | -€186,983 | -220.4% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€184,853 | -€371,836 | -€186,983 | -101.2% |
| Amounts payable | 17/49 | €2,559,926 | €2,126,835 | -€433,091 | -16.9% |
| Amounts payable after more than one year | 17 | €2,013,305 | €1,764,137 | -€249,168 | -12.4% |
| Financial debts | 170/4 | €2,013,305 | €1,764,137 | -€249,168 | -12.4% |
| Amounts payable within one year | 42/48 | €546,621 | €362,698 | -€183,923 | -33.6% |
| Current portion of amounts payable after more than one year | 42 | €41,554 | €43,223 | +€1,669 | +4.0% |
| Trade debts | 44 | €123,998 | €67,490 | -€56,508 | -45.6% |
| Suppliers | 440/4 | €123,998 | €67,490 | -€56,508 | -45.6% |
| Taxes, remuneration and social security | 45 | €58,043 | €5,124 | -€52,918 | -91.2% |
| Taxes | 450/3 | €56,351 | €5,082 | -€51,270 | -91.0% |
| Remuneration and social security | 454/9 | €1,691 | €43 | -€1,649 | -97.5% |
| Other amounts payable | 47/48 | €323,026 | €246,861 | -€76,165 | -23.6% |
| Turnover | 70 | €322,758 | - | -€322,758 | |
| Non-recurring operating income | 76A | €0 | €9,755 | +€9,755 | |
| Goods, raw materials, services and sundry goods | 60/61 | €2,332,745 | - | -€2.3m | |
| Remuneration, social security and pensions | 62 | €12,236 | €57,052 | +€44,815 | +366.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,919 | €50,710 | +€20,791 | +69.5% |
| Other operating charges | 640/8 | €1,196 | €2,071 | +€875 | +73.2% |
| Non-recurring operating charges | 66A | - | €546 | +€546 | |
| Gross operating margin | 9900 | -€58,051 | €2,169 | +€60,220 | |
| Operating profit (loss) | 9901 | -€101,402 | -€108,210 | -€6,808 | -6.7% |
| Financial income | 75/76B | €7,433 | €556 | -€6,877 | -92.5% |
| Recurring financial income | 75 | €7,433 | €556 | -€6,877 | -92.5% |
| Financial charges | 65/66B | €90,884 | €79,329 | -€11,555 | -12.7% |
| Recurring financial charges | 65 | €90,884 | €79,329 | -€11,555 | -12.7% |
| Profit (loss) for the period before taxes | 9903 | -€184,853 | -€186,983 | -€2,130 | -1.2% |
| Profit (loss) for the period | 9904 | -€184,853 | -€186,983 | -€2,130 | -1.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€184,853 | -€186,983 | -€2,130 | -1.2% |
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 30 September 2026 via checked.be.