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WXS: 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.

What changed

WXS

BE 0797.964.362
NACE 64.210, Activities of holding companies
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€3,105
2024 · €9,172-€6,066
Equity
€14,277
2024 · €11,172+€3,105
Cash
€198
2024 · €21+€177
Balance sheet total
€452,130
2024 · €20,926+€431,204

Largest movements

2024 to 2025
Assets
  • Tangible fixed assets +€353,467

    new in 2025: €353,467

  • Receivables within one year +€77,604

    up €77,604 (+409%), from €18,974 to €96,578

    of which Other amounts receivable: +€69,923

Equity and liabilities
  • Debts after one year +€401,539

    new in 2025: €401,539

    of which Financial debts: +€251,539

  • Current portion of long-term debt +€13,462

    new in 2025: €13,462

  • Other debts +€9,658

    up €9,658 (+177%), from €5,459 to €15,117

Income statement
  • Gross operating margin -€7,223

    down €7,223 (-48.0%), from €15,041 to €7,818

  • Taxes -€1,719

    down €1,719 (-57.6%), from €2,984 to €1,265

  • Depreciation +€896

    new in 2025: €896

  • Other operating charges -€308

    down €308 (-19.0%), from €1,619 to €1,311

  • Financial charges -€282

    down €282 (-18.5%), from €1,522 to €1,240

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €9,172
Gross operating margin -€7,223
Depreciation -€896
Other operating charges +€308
Financial income -€256
Financial charges +€282
Taxes +€1,719
Result 2025 €3,105
raises the resultlowers the result

Derived cash bridge

cash 2024 to 2025

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.

From operations -€60,714
Investment -€354,109
Financing +€415,000
Cash 2024 €21
Net result for the year +€3,105
Depreciation +€896
Receivables within one year -€77,604
Smaller working-capital items -€435
Trade debts +€3,666
Other debts +€9,658
Investment in fixed assets (net) -€354,109
Debts after one year +€401,539
Current portion of long-term debt +€13,462
Cash 2025 €198
brings cash intakes cash out
Every line side by side 40 lines
Line Code 2024 2025 Change %
Total assets 20/58 €20,926 €452,130 +€431,204 +2,061%
Formation expenses 20 €1,271 €1,017 -€254 -20.0%
Fixed assets 21/28 - €353,467 +€353,467
Tangible fixed assets 22/27 - €353,467 +€353,467
Land and buildings 22 - €353,467 +€353,467
Current assets 29/58 €19,655 €97,646 +€77,992 +397%
Amounts receivable within one year 40/41 €18,974 €96,578 +€77,604 +409%
Trade receivables 40 €17,218 €24,899 +€7,681 +44.6%
Other amounts receivable 41 €1,756 €71,678 +€69,923 +3,983%
Cash at bank and in hand 54/58 €21 €198 +€177 +851%
Deferred charges and accrued income 490/1 €660 €871 +€210 +31.9%
Total equity and liabilities 10/49 €20,926 €452,130 +€431,204 +2,061%
Equity 10/15 €11,172 €14,277 +€3,105 +27.8%
Contributions 10/11 €2,000 €2,000 = 0.0%
Reserves 13 €9,172 €12,200 +€3,028 +33.0%
Distributable reserves 133 €9,172 €12,200 +€3,028 +33.0%
Profit (loss) carried forward 14 - €77 +€77
Amounts payable 17/49 €9,754 €437,853 +€428,099 +4,389%
Amounts payable after more than one year 17 - €401,539 +€401,539
Financial debts 170/4 - €251,539 +€251,539
Other amounts payable 178/9 - €150,000 +€150,000
Amounts payable within one year 42/48 €9,754 €36,315 +€26,560 +272%
Current portion of amounts payable after more than one year 42 - €13,462 +€13,462
Trade debts 44 €143 €3,809 +€3,666 +2,559%
Suppliers 440/4 €143 €3,809 +€3,666 +2,559%
Taxes, remuneration and social security 45 €4,152 €3,927 -€225 -5.4%
Taxes 450/3 €4,152 €3,927 -€225 -5.4%
Other amounts payable 47/48 €5,459 €15,117 +€9,658 +177%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 - €896 +€896
Other operating charges 640/8 €1,619 €1,311 -€308 -19.0%
Gross operating margin 9900 €15,041 €7,818 -€7,223 -48.0%
Operating profit (loss) 9901 €13,422 €5,610 -€7,812 -58.2%
Financial income 75/76B €256 €0 -€256 -100%
Recurring financial income 75 €256 €0 -€256 -100%
Financial charges 65/66B €1,522 €1,240 -€282 -18.5%
Recurring financial charges 65 €1,522 €1,240 -€282 -18.5%
Profit (loss) for the period before taxes 9903 €12,156 €4,370 -€7,786 -64.0%
Income taxes 67/77 €2,984 €1,265 -€1,719 -57.6%
Profit (loss) for the period 9904 €9,172 €3,105 -€6,066 -66.1%
Profit (loss) for the period to be appropriated 9905 €9,172 €3,105 -€6,066 -66.1%

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 17 October 2026 via checked.be.