B-Wile: 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.
B-Wile
Largest movements
- Stocks and contracts +€3.3m
up €3.3m (+126%), from €2.6m to €5.9m
of which Contracts in progress: +€3.3m
- Cash +€99,860
up €99,860 (+43.7%), from €228,294 to €328,155
mainly Short-term financial debts (+€4.0m) and Other debts (+€236,836)
- Short-term financial debts +€4.0m
new in 2025: €4.0m
- Current portion of long-term debt -€581,950
down €581,950 (-100%), from €581,950 to €0
- Other debts +€236,836
up €236,836 (+92,500%), from €256 to €237,092
- Trade debts -€123,456
down €123,456 (-23.2%), from €531,167 to €407,711
- Debts after one year -€100,000
down €100,000 (-5.1%), from €2.0m to €1.9m
- Financial charges -€63,198
down €63,198 (-99.4%), from €63,610 to €412
- Gross operating margin -€52,994
down €52,994 (-82.5%), from €64,270 to €11,276
- Taxes +€2,413
up €2,413 (+1,001%), from €241 to €2,654
- Financial income -€1,320
down €1,320 (-100.0%), from €1,320 to €0
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 | €3,186,509 | €6,631,648 | +€3.4m | +108% |
| Current assets | 29/58 | €3,186,509 | €6,631,648 | +€3.4m | +108% |
| Stocks and contracts in progress | 3 | €2,625,282 | €5,942,831 | +€3.3m | +126% |
| Stocks | 30/36 | €64,609 | €64,609 | = | 0.0% |
| Contracts in progress | 37 | €2,560,673 | €5,878,222 | +€3.3m | +130% |
| Amounts receivable within one year | 40/41 | €212,717 | €177,094 | -€35,623 | -16.7% |
| Trade receivables | 40 | €34,408 | €35,046 | +€637 | +1.9% |
| Other amounts receivable | 41 | €178,309 | €142,048 | -€36,261 | -20.3% |
| Cash at bank and in hand | 54/58 | €228,294 | €328,155 | +€99,860 | +43.7% |
| Deferred charges and accrued income | 490/1 | €120,216 | €183,568 | +€63,353 | +52.7% |
| Total equity and liabilities | 10/49 | €3,186,509 | €6,631,648 | +€3.4m | +108% |
| Equity | 10/15 | €93,321 | €100,611 | +€7,290 | +7.8% |
| Contributions | 10/11 | €26,029 | €26,029 | = | 0.0% |
| Reserves | 13 | €67,292 | €74,582 | +€7,290 | +10.8% |
| Tax-exempt reserves | 132 | €54,453 | €54,453 | = | 0.0% |
| Distributable reserves | 133 | €12,839 | €20,128 | +€7,290 | +56.8% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €3,093,188 | €6,531,037 | +€3.4m | +111% |
| Amounts payable after more than one year | 17 | €1,970,000 | €1,870,000 | -€100,000 | -5.1% |
| Financial debts | 170/4 | €1,970,000 | €1,870,000 | -€100,000 | -5.1% |
| Amounts payable within one year | 42/48 | €1,123,188 | €4,661,037 | +€3.5m | +315% |
| Current portion of amounts payable after more than one year | 42 | €581,950 | €0 | -€581,950 | -100% |
| Financial debts | 43 | - | €4,013,580 | +€4.0m | |
| Credit institutions | 430/8 | - | €4,013,580 | +€4.0m | |
| Trade debts | 44 | €531,167 | €407,711 | -€123,456 | -23.2% |
| Suppliers | 440/4 | €531,167 | €407,711 | -€123,456 | -23.2% |
| Taxes, remuneration and social security | 45 | €9,815 | €2,654 | -€7,161 | -73.0% |
| Taxes | 450/3 | €9,815 | €2,654 | -€7,161 | -73.0% |
| Other amounts payable | 47/48 | €256 | €237,092 | +€236,836 | +92,500% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Other operating charges | 640/8 | €1,289 | €920 | -€369 | -28.6% |
| Gross operating margin | 9900 | €64,270 | €11,276 | -€52,994 | -82.5% |
| Operating profit (loss) | 9901 | €62,981 | €10,356 | -€52,625 | -83.6% |
| Financial income | 75/76B | €1,320 | €0 | -€1,320 | -100.0% |
| Recurring financial income | 75 | €1,320 | €0 | -€1,320 | -100.0% |
| Financial charges | 65/66B | €63,610 | €412 | -€63,198 | -99.4% |
| Recurring financial charges | 65 | €63,610 | €412 | -€63,198 | -99.4% |
| Profit (loss) for the period before taxes | 9903 | €691 | €9,944 | +€9,253 | +1,340% |
| Income taxes | 67/77 | €241 | €2,654 | +€2,413 | +1,001% |
| Profit (loss) for the period | 9904 | €450 | €7,290 | +€6,840 | +1,521% |
| Profit (loss) for the period to be appropriated | 9905 | €450 | €7,290 | +€6,840 | +1,521% |
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 19 October 2026 via checked.be.