VEWIBO: 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.
VEWIBO
Largest movements
- Receivables within one year -€400,359
down €400,359 (-66.8%), from €598,928 to €198,569
of which Trade receivables: -€521,424
- Stocks and contracts -€360,090
no longer reported in 2025 (was €360,090)
- Deferred charges and accrued income -€33,867
no longer reported in 2025 (was €33,867)
- Cash +€27,710
up €27,710 (+23,684%), from €117 to €27,827
mainly Receivables within one year (+€400,359) and Stocks and contracts (+€360,090)
- Other debts -€572,752
down €572,752 (-77.6%), from €737,693 to €164,941
- Tax, wage and social debts -€132,597
no longer reported in 2025 (was €132,597)
- Profit (loss) carried forward -€81,041
down €81,041 (-90.7%), from €89,342 to €8,301
- Trade debts +€14,743
up €14,743 (+84.7%), from €17,407 to €32,150
- Taxes +€41,378
new in 2025: €41,378
- Gross operating margin +€15,258
up €15,258 (+34.9%), from -€43,704 to -€28,446
- Depreciation -€8,494
down €8,494 (-78.1%), from €10,876 to €2,382
- Other operating charges +€5,266
up €5,266 (+280%), from €1,879 to €7,145
- Financial charges +€1,468
up €1,468 (+661%), from €222 to €1,690
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 | €999,039 | €227,392 | -€771,647 | -77.2% |
| Fixed assets | 21/28 | €6,037 | €996 | -€5,041 | -83.5% |
| Tangible fixed assets | 22/27 | €6,037 | €996 | -€5,041 | -83.5% |
| Plant, machinery and equipment | 23 | €1,340 | - | -€1,340 | |
| Furniture and vehicles | 24 | €3,974 | €386 | -€3,588 | -90.3% |
| Other tangible fixed assets | 26 | €723 | €610 | -€113 | -15.6% |
| Current assets | 29/58 | €993,002 | €226,396 | -€766,606 | -77.2% |
| Stocks and contracts in progress | 3 | €360,090 | - | -€360,090 | |
| Contracts in progress | 37 | €360,090 | - | -€360,090 | |
| Amounts receivable within one year | 40/41 | €598,928 | €198,569 | -€400,359 | -66.8% |
| Trade receivables | 40 | €591,843 | €70,419 | -€521,424 | -88.1% |
| Other amounts receivable | 41 | €7,085 | €128,150 | +€121,065 | +1,709% |
| Cash at bank and in hand | 54/58 | €117 | €27,827 | +€27,710 | +23,684% |
| Deferred charges and accrued income | 490/1 | €33,867 | - | -€33,867 | |
| Total equity and liabilities | 10/49 | €999,039 | €227,392 | -€771,647 | -77.2% |
| Equity | 10/15 | €111,342 | €30,301 | -€81,041 | -72.8% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €89,342 | €8,301 | -€81,041 | -90.7% |
| Amounts payable | 17/49 | €887,697 | €197,091 | -€690,606 | -77.8% |
| Amounts payable within one year | 42/48 | €887,697 | €197,091 | -€690,606 | -77.8% |
| Trade debts | 44 | €17,407 | €32,150 | +€14,743 | +84.7% |
| Suppliers | 440/4 | €17,407 | €32,150 | +€14,743 | +84.7% |
| Taxes, remuneration and social security | 45 | €132,597 | - | -€132,597 | |
| Taxes | 450/3 | €132,597 | - | -€132,597 | |
| Other amounts payable | 47/48 | €737,693 | €164,941 | -€572,752 | -77.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,876 | €2,382 | -€8,494 | -78.1% |
| Other operating charges | 640/8 | €1,879 | €7,145 | +€5,266 | +280% |
| Gross operating margin | 9900 | -€43,704 | -€28,446 | +€15,258 | +34.9% |
| Operating profit (loss) | 9901 | -€56,459 | -€37,973 | +€18,486 | +32.7% |
| Financial income | 75/76B | €1,314 | - | -€1,314 | |
| Recurring financial income | 75 | €1,314 | - | -€1,314 | |
| Financial charges | 65/66B | €222 | €1,690 | +€1,468 | +661% |
| Recurring financial charges | 65 | €222 | €1,690 | +€1,468 | +661% |
| Profit (loss) for the period before taxes | 9903 | -€55,367 | -€39,663 | +€15,704 | +28.4% |
| Income taxes | 67/77 | - | €41,378 | +€41,378 | |
| Profit (loss) for the period | 9904 | -€55,367 | -€81,041 | -€25,674 | -46.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€55,367 | -€81,041 | -€25,674 | -46.4% |
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.