VISION WBP: 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.
VISION WBP
Largest movements
- Tangible fixed assets -€107,064
down €107,064 (-4.5%), from €2.4m to €2.3m
of which Land and buildings: -€67,626
- Cash -€34,933
down €34,933 (-40.2%), from €86,958 to €52,025
mainly Debts after one year (-€153,992) and Receivables within one year (-€5,951)
- Debts after one year -€153,992
down €153,992 (-6.6%), from €2.3m to €2.2m
- Gross operating margin -€16,209
down €16,209 (-8.6%), from €188,849 to €172,639
- Financial charges +€6,871
up €6,871 (+23.1%), from €29,757 to €36,629
- Other operating charges -€6,293
down €6,293 (-40.5%), from €15,547 to €9,255
- Depreciation -€6,033
down €6,033 (-5.3%), from €113,097 to €107,064
- Taxes -€2,426
down €2,426 (-31.1%), from €7,797 to €5,371
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 | €2,519,169 | €2,383,124 | -€136,045 | -5.4% |
| Fixed assets | 21/28 | €2,396,854 | €2,289,790 | -€107,064 | -4.5% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €2,396,854 | €2,289,790 | -€107,064 | -4.5% |
| Land and buildings | 22 | €1,927,862 | €1,860,236 | -€67,626 | -3.5% |
| Plant, machinery and equipment | 23 | €20,269 | €17,655 | -€2,614 | -12.9% |
| Furniture and vehicles | 24 | €448,723 | €411,899 | -€36,824 | -8.2% |
| Current assets | 29/58 | €122,315 | €93,333 | -€28,981 | -23.7% |
| Amounts receivable within one year | 40/41 | €35,357 | €41,309 | +€5,951 | +16.8% |
| Trade receivables | 40 | €35,357 | €38,680 | +€3,322 | +9.4% |
| Other amounts receivable | 41 | - | €2,629 | +€2,629 | |
| Cash at bank and in hand | 54/58 | €86,958 | €52,025 | -€34,933 | -40.2% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €2,519,169 | €2,383,124 | -€136,045 | -5.4% |
| Equity | 10/15 | €36,858 | €51,179 | +€14,321 | +38.9% |
| Profit (loss) carried forward | 14 | €36,858 | €51,179 | +€14,321 | +38.9% |
| Amounts payable | 17/49 | €2,482,311 | €2,331,945 | -€150,366 | -6.1% |
| Amounts payable after more than one year | 17 | €2,343,946 | €2,189,953 | -€153,992 | -6.6% |
| Financial debts | 170/4 | €2,343,946 | €2,189,953 | -€153,992 | -6.6% |
| Amounts payable within one year | 42/48 | €138,366 | €141,991 | +€3,626 | +2.6% |
| Current portion of amounts payable after more than one year | 42 | €91,851 | €93,999 | +€2,148 | +2.3% |
| Trade debts | 44 | €29,296 | €34,275 | +€4,979 | +17.0% |
| Suppliers | 440/4 | €29,296 | €34,275 | +€4,979 | +17.0% |
| Taxes, remuneration and social security | 45 | €17,219 | €13,717 | -€3,502 | -20.3% |
| Taxes | 450/3 | €17,219 | €13,717 | -€3,502 | -20.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €113,097 | €107,064 | -€6,033 | -5.3% |
| Other operating charges | 640/8 | €15,547 | €9,255 | -€6,293 | -40.5% |
| Gross operating margin | 9900 | €188,849 | €172,639 | -€16,209 | -8.6% |
| Operating profit (loss) | 9901 | €60,205 | €56,321 | -€3,884 | -6.5% |
| Financial charges | 65/66B | €29,757 | €36,629 | +€6,871 | +23.1% |
| Recurring financial charges | 65 | €29,757 | €36,629 | +€6,871 | +23.1% |
| Profit (loss) for the period before taxes | 9903 | €30,447 | €19,692 | -€10,755 | -35.3% |
| Income taxes | 67/77 | €7,797 | €5,371 | -€2,426 | -31.1% |
| Profit (loss) for the period | 9904 | €22,650 | €14,321 | -€8,329 | -36.8% |
| Profit (loss) for the period to be appropriated | 9905 | €22,650 | €14,321 | -€8,329 | -36.8% |
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 27 October 2026 via checked.be.