Entreprise Wibault: what changed
Entreprise Wibault
Largest movements
- Receivables within one year -€86,579
down €86,579 (-20.9%), from €413,542 to €326,963
of which Trade receivables: -€84,433
- Tangible fixed assets -€61,091
down €61,091 (-33.0%), from €185,064 to €123,973
of which Plant, machinery and equipment: -€34,903
- Cash +€33,187
up €33,187 (+626%), from €5,301 to €38,488
mainly Receivables within one year (+€86,579) and Depreciation (+€77,556)
- Deferred charges and accrued income -€14,934
down €14,934 (-51.1%), from €29,251 to €14,317
- Stocks and contracts -€8,113
down €8,113 (-7.0%), from €116,287 to €108,174
of which Contracts in progress: -€10,000
- Profit (loss) carried forward -€55,355
down €55,355 (-84.4%), from €65,593 to €10,238
- Debts after one year -€50,865
down €50,865 (-26.8%), from €189,626 to €138,761
- Current portion of long-term debt -€13,699
down €13,699 (-20.9%), from €65,584 to €51,885
- Trade debts -€12,055
down €12,055 (-5.4%), from €225,064 to €213,009
- Accrued charges and deferred income -€8,997
down €8,997 (-98.4%), from €9,144 to €147
- Gross operating margin -€270,434
down €270,434 (-59.7%), from €452,627 to €182,193
- Staff costs -€169,625
down €169,625 (-55.0%), from €308,339 to €138,713
- Depreciation -€24,358
down €24,358 (-23.9%), from €101,915 to €77,556
- Financial charges -€9,615
down €9,615 (-33.1%), from €29,020 to €19,405
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €749,585 | €612,996 | -€136,589 | -18.2% |
| Fixed assets | 21/28 | €185,203 | €125,053 | -€60,149 | -32.5% |
| Intangible fixed assets | 21 | €58 | - | -€58 | |
| Tangible fixed assets | 22/27 | €185,064 | €123,973 | -€61,091 | -33.0% |
| Plant, machinery and equipment | 23 | €104,424 | €69,521 | -€34,903 | -33.4% |
| Furniture and vehicles | 24 | €53,482 | €41,193 | -€12,289 | -23.0% |
| Leasing and similar rights | 25 | €7,958 | - | -€7,958 | |
| Other tangible fixed assets | 26 | €19,201 | €13,259 | -€5,942 | -30.9% |
| Financial fixed assets | 28 | €80 | €1,080 | +€1,000 | +1,250% |
| Current assets | 29/58 | €564,382 | €487,943 | -€76,439 | -13.5% |
| Stocks and contracts in progress | 3 | €116,287 | €108,174 | -€8,113 | -7.0% |
| Stocks | 30/36 | €22,287 | €24,174 | +€1,887 | +8.5% |
| Contracts in progress | 37 | €94,000 | €84,000 | -€10,000 | -10.6% |
| Amounts receivable within one year | 40/41 | €413,542 | €326,963 | -€86,579 | -20.9% |
| Trade receivables | 40 | €353,491 | €269,058 | -€84,433 | -23.9% |
| Other amounts receivable | 41 | €60,051 | €57,905 | -€2,146 | -3.6% |
| Cash at bank and in hand | 54/58 | €5,301 | €38,488 | +€33,187 | +626% |
| Deferred charges and accrued income | 490/1 | €29,251 | €14,317 | -€14,934 | -51.1% |
| Total equity and liabilities | 10/49 | €749,585 | €612,996 | -€136,589 | -18.2% |
| Equity | 10/15 | €95,653 | €40,298 | -€55,355 | -57.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €11,460 | €11,460 | = | 0.0% |
| Tax-exempt reserves | 132 | €9,600 | €9,600 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €65,593 | €10,238 | -€55,355 | -84.4% |
| Amounts payable | 17/49 | €653,931 | €572,698 | -€81,233 | -12.4% |
| Amounts payable after more than one year | 17 | €189,626 | €138,761 | -€50,865 | -26.8% |
| Financial debts | 170/4 | €189,626 | €138,761 | -€50,865 | -26.8% |
| Amounts payable within one year | 42/48 | €455,161 | €433,789 | -€21,372 | -4.7% |
| Current portion of amounts payable after more than one year | 42 | €65,584 | €51,885 | -€13,699 | -20.9% |
| Financial debts | 43 | €144,053 | €144,223 | +€171 | +0.1% |
| Credit institutions | 430/8 | €144,053 | €144,223 | +€171 | +0.1% |
| Trade debts | 44 | €225,064 | €213,009 | -€12,055 | -5.4% |
| Suppliers | 440/4 | €225,064 | €213,009 | -€12,055 | -5.4% |
| Taxes, remuneration and social security | 45 | €20,461 | €24,672 | +€4,211 | +20.6% |
| Taxes | 450/3 | €2,223 | €2,401 | +€178 | +8.0% |
| Remuneration and social security | 454/9 | €18,238 | €22,271 | +€4,033 | +22.1% |
| Accrued charges and deferred income | 492/3 | €9,144 | €147 | -€8,997 | -98.4% |
| Non-recurring operating income | 76A | €1,998 | - | -€1,998 | |
| Remuneration, social security and pensions | 62 | €308,339 | €138,713 | -€169,625 | -55.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €101,915 | €77,556 | -€24,358 | -23.9% |
| Other operating charges | 640/8 | €2,744 | €2,758 | +€15 | +0.5% |
| Non-recurring operating charges | 66A | €2,300 | - | -€2,300 | |
| Gross operating margin | 9900 | €452,627 | €182,193 | -€270,434 | -59.7% |
| Operating profit (loss) | 9901 | €37,330 | -€36,834 | -€74,164 | |
| Financial income | 75/76B | €2,583 | €1,099 | -€1,484 | -57.5% |
| Recurring financial income | 75 | €2,583 | €1,099 | -€1,484 | -57.5% |
| Financial charges | 65/66B | €29,020 | €19,405 | -€9,615 | -33.1% |
| Recurring financial charges | 65 | €29,020 | €19,405 | -€9,615 | -33.1% |
| Profit (loss) for the period before taxes | 9903 | €10,893 | -€55,140 | -€66,033 | |
| Income taxes | 67/77 | €236 | €215 | -€21 | -8.9% |
| Profit (loss) for the period | 9904 | €10,657 | -€55,355 | -€66,012 | |
| Profit (loss) for the period to be appropriated | 9905 | €10,657 | -€55,355 | -€66,012 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.