PWEB-SOLUTIONS: 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
PWEB-SOLUTIONS
NACE 62.100, Computer programming
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€228,011
2024 · €154,514+€73,497
Equity
€1.1m
2024 · €1.1m+€69,510
Cash
€577,064
2024 · €276,920+€300,144
Balance sheet total
€1.6m
2024 · €1.4m+€222,006
Largest movements
Assets
- Cash +€300,144
up €300,144 (+108%), from €276,920 to €577,064
mainly Net result for the year (+€228,011) and Depreciation (+€172,432)
- Tangible fixed assets -€87,597
down €87,597 (-12.8%), from €684,600 to €597,003
Equity and liabilities
- Other debts +€171,110
up €171,110 (+260%), from €65,750 to €236,860
- Reserves +€69,510
up €69,510 (+7.5%), from €925,607 to €995,117
of which Distributable reserves: +€69,510
- Trade debts +€49,264
up €49,264 (+34.5%), from €142,966 to €192,230
- Current portion of long-term debt -€42,130
down €42,130 (-86.0%), from €48,998 to €6,868
Income statement
- Gross operating margin +€177,145
up €177,145 (+30.4%), from €582,346 to €759,491
- Provisions +€106,000
up €106,000, from -€106,000 to €0
- Taxes +€31,916
up €31,916 (+44.7%), from €71,463 to €103,379
- Write-downs -€23,969
down €23,969, from €23,329 to -€640
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.
Result 2024
€154,514
Gross operating margin
+€177,145
Staff costs
+€2,627
Depreciation
+€7,058
Write-downs
+€23,969
Provisions
-€106,000
Other operating charges
-€1,043
Financial income
-€151
Financial charges
+€1,808
Taxes
-€31,916
Result 2025
€228,011
raises the resultlowers the result
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.
From operations
+€592,478
Investment
-€84,835
Financing
-€207,499
Cash 2024
€276,920
From operations (derived)
+€592,478
Net result for the year
+€228,011
Depreciation
+€172,432
Stocks and contracts
+€8,839
Receivables within one year
-€7,132
Deferred charges and accrued income
-€11,166
Trade debts
+€49,264
Tax, wage and social debts
-€12,468
Other debts
+€171,110
Accrued charges and deferred income
-€6,412
Investment (derived)
-€84,835
Investment in fixed assets (net)
-€84,835
Financing
-€207,499
Debts after one year
-€6,868
Current portion of long-term debt
-€42,130
Contributions, distributions and other
-€158,501
Cash 2025
€577,064
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,425,471 | €1,647,477 | +€222,006 | +15.6% |
| Fixed assets | 21/28 | €684,600 | €597,003 | -€87,597 | -12.8% |
| Tangible fixed assets | 22/27 | €684,600 | €597,003 | -€87,597 | -12.8% |
| Land and buildings | 22 | €260,446 | €229,953 | -€30,492 | -11.7% |
| Plant, machinery and equipment | 23 | €55,581 | €50,896 | -€4,685 | -8.4% |
| Furniture and vehicles | 24 | €318,599 | €277,351 | -€41,247 | -12.9% |
| Other tangible fixed assets | 26 | €49,975 | €38,803 | -€11,172 | -22.4% |
| Current assets | 29/58 | €740,871 | €1,050,474 | +€309,604 | +41.8% |
| Stocks and contracts in progress | 3 | €91,876 | €83,037 | -€8,839 | -9.6% |
| Stocks | 30/36 | €47,681 | €57,605 | +€9,924 | +20.8% |
| Contracts in progress | 37 | €44,195 | €25,432 | -€18,763 | -42.5% |
| Amounts receivable within one year | 40/41 | €343,218 | €350,350 | +€7,132 | +2.1% |
| Trade receivables | 40 | €318,695 | €335,429 | +€16,734 | +5.3% |
| Other amounts receivable | 41 | €24,523 | €14,921 | -€9,602 | -39.2% |
| Cash at bank and in hand | 54/58 | €276,920 | €577,064 | +€300,144 | +108% |
| Deferred charges and accrued income | 490/1 | €28,857 | €40,024 | +€11,166 | +38.7% |
| Total equity and liabilities | 10/49 | €1,425,471 | €1,647,477 | +€222,006 | +15.6% |
| Equity | 10/15 | €1,076,569 | €1,146,079 | +€69,510 | +6.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €925,607 | €995,117 | +€69,510 | +7.5% |
| Tax-exempt reserves | 132 | €48,900 | €48,900 | = | 0.0% |
| Distributable reserves | 133 | €876,707 | €946,217 | +€69,510 | +7.9% |
| Profit (loss) carried forward | 14 | €132,362 | €132,362 | = | 0.0% |
| Provisions and deferred taxes | 16 | €0 | - | = | |
| Provisions for liabilities and charges | 160/5 | €0 | - | = | |
| Pensions and similar obligations | 160 | €0 | - | = | |
| Amounts payable | 17/49 | €348,902 | €501,398 | +€152,496 | +43.7% |
| Amounts payable after more than one year | 17 | €6,868 | €0 | -€6,868 | -100% |
| Financial debts | 170/4 | €6,868 | €0 | -€6,868 | -100% |
| Amounts payable within one year | 42/48 | €330,930 | €496,706 | +€165,776 | +50.1% |
| Current portion of amounts payable after more than one year | 42 | €48,998 | €6,868 | -€42,130 | -86.0% |
| Trade debts | 44 | €142,966 | €192,230 | +€49,264 | +34.5% |
| Suppliers | 440/4 | €142,966 | €192,230 | +€49,264 | +34.5% |
| Taxes, remuneration and social security | 45 | €73,216 | €60,748 | -€12,468 | -17.0% |
| Taxes | 450/3 | €12,939 | €2,724 | -€10,215 | -78.9% |
| Remuneration and social security | 454/9 | €60,277 | €58,024 | -€2,253 | -3.7% |
| Other amounts payable | 47/48 | €65,750 | €236,860 | +€171,110 | +260% |
| Accrued charges and deferred income | 492/3 | €11,104 | €4,692 | -€6,412 | -57.7% |
| Non-recurring operating income | 76A | €0 | €24,307 | +€24,307 | |
| Remuneration, social security and pensions | 62 | €249,141 | €246,514 | -€2,627 | -1.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €179,491 | €172,432 | -€7,058 | -3.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €23,329 | -€640 | -€23,969 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€106,000 | €0 | +€106,000 | |
| Other operating charges | 640/8 | €2,161 | €3,204 | +€1,043 | +48.2% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €582,346 | €759,491 | +€177,145 | +30.4% |
| Operating profit (loss) | 9901 | €234,224 | €337,981 | +€103,757 | +44.3% |
| Financial income | 75/76B | €686 | €534 | -€151 | -22.1% |
| Recurring financial income | 75 | €686 | €534 | -€151 | -22.1% |
| Financial charges | 65/66B | €8,933 | €7,124 | -€1,808 | -20.2% |
| Recurring financial charges | 65 | €8,933 | €7,124 | -€1,808 | -20.2% |
| Profit (loss) for the period before taxes | 9903 | €225,977 | €331,391 | +€105,413 | +46.6% |
| Income taxes | 67/77 | €71,463 | €103,379 | +€31,916 | +44.7% |
| Profit (loss) for the period | 9904 | €154,514 | €228,011 | +€73,497 | +47.6% |
| Profit (loss) for the period to be appropriated | 9905 | €154,514 | €228,011 | +€73,497 | +47.6% |
Source: filed annual accounts (NBB), financial years ended 30 November 2024 and 30 November 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.