W.T.M.B.: 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.
W.T.M.B.
Largest movements
- Receivables within one year -€3,857
no longer reported in 2025 (was €3,857)
of which Other amounts receivable: -€2,405
- Tangible fixed assets -€2,352
down €2,352 (-39.0%), from €6,037 to €3,685
of which Plant, machinery and equipment: -€2,092
- Cash -€1,884
down €1,884 (-92.4%), from €2,040 to €156
mainly Net result for the year (-€21,289) and Contributions, distributions and other (-€1,580)
- Profit (loss) carried forward -€21,289
down €21,289 (-50.6%), from -€42,105 to -€63,394
- Accrued charges and deferred income +€11,819
new in 2025: €11,819
- Trade debts +€1,803
new in 2025: €1,803
- Reserves -€1,580
down €1,580 (-2.9%), from €53,807 to €52,227
of which Distributable reserves: -€1,580
- Short-term financial debts +€1,334
new in 2025: €1,334
- Turnover -€40,767
down €40,767 (-76.0%), from €53,672 to €12,905
- Gross operating margin -€30,033
down €30,033, from €17,069 to -€12,964
- Taxes -€15,304
down €15,304 (-83.1%), from €18,413 to €3,109
- Purchases and services -€11,109
down €11,109 (-30.0%), from €36,978 to €25,869
- Other operating charges +€2,133
up €2,133 (+599%), from €356 to €2,489
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 | €11,934 | €3,841 | -€8,093 | -67.8% |
| Fixed assets | 21/28 | €6,037 | €3,685 | -€2,352 | -39.0% |
| Tangible fixed assets | 22/27 | €6,037 | €3,685 | -€2,352 | -39.0% |
| Plant, machinery and equipment | 23 | €5,734 | €3,642 | -€2,092 | -36.5% |
| Furniture and vehicles | 24 | €303 | €43 | -€260 | -85.8% |
| Current assets | 29/58 | €5,897 | €156 | -€5,741 | -97.4% |
| Amounts receivable within one year | 40/41 | €3,857 | - | -€3,857 | |
| Trade receivables | 40 | €1,452 | - | -€1,452 | |
| Other amounts receivable | 41 | €2,405 | - | -€2,405 | |
| Cash at bank and in hand | 54/58 | €2,040 | €156 | -€1,884 | -92.4% |
| Total equity and liabilities | 10/49 | €11,934 | €3,841 | -€8,093 | -67.8% |
| Equity | 10/15 | €11,702 | -€11,167 | -€22,869 | |
| Reserves | 13 | €53,807 | €52,227 | -€1,580 | -2.9% |
| Non-distributable reserves | 130/1 | €5,579 | €5,579 | = | 0.0% |
| Other | 1319 | €5,579 | €5,579 | = | 0.0% |
| Distributable reserves | 133 | €48,228 | €46,648 | -€1,580 | -3.3% |
| Profit (loss) carried forward | 14 | -€42,105 | -€63,394 | -€21,289 | -50.6% |
| Amounts payable | 17/49 | €232 | €15,008 | +€14,776 | +6,369% |
| Amounts payable within one year | 42/48 | €232 | €3,189 | +€2,957 | +1,275% |
| Financial debts | 43 | - | €1,334 | +€1,334 | |
| Credit institutions | 430/8 | - | €1,334 | +€1,334 | |
| Trade debts | 44 | - | €1,803 | +€1,803 | |
| Suppliers | 440/4 | - | €1,803 | +€1,803 | |
| Taxes, remuneration and social security | 45 | €232 | €52 | -€180 | -77.6% |
| Taxes | 450/3 | €232 | €52 | -€180 | -77.6% |
| Accrued charges and deferred income | 492/3 | - | €11,819 | +€11,819 | |
| Turnover | 70 | €53,672 | €12,905 | -€40,767 | -76.0% |
| Non-recurring operating income | 76A | €375 | - | -€375 | |
| Goods, raw materials, services and sundry goods | 60/61 | €36,978 | €25,869 | -€11,109 | -30.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,352 | €2,351 | -€1 | 0.0% |
| Other operating charges | 640/8 | €356 | €2,489 | +€2,133 | +599% |
| Gross operating margin | 9900 | €17,069 | -€12,964 | -€30,033 | |
| Operating profit (loss) | 9901 | €14,361 | -€17,804 | -€32,165 | |
| Financial charges | 65/66B | €268 | €376 | +€108 | +40.3% |
| Recurring financial charges | 65 | €268 | €376 | +€108 | +40.3% |
| Non-recurring financial charges | 66B | €268 | €376 | +€108 | +40.3% |
| Profit (loss) for the period before taxes | 9903 | €14,093 | -€18,180 | -€32,273 | |
| Income taxes | 67/77 | €18,413 | €3,109 | -€15,304 | -83.1% |
| Profit (loss) for the period | 9904 | -€4,320 | -€21,289 | -€16,969 | -393% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,320 | -€21,289 | -€16,969 | -393% |
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 18 October 2026 via checked.be.