W3BUILD: 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.
W3BUILD
Largest movements
- Stocks and contracts +€11,586
new in 2025: €11,586
- Cash -€8,458
down €8,458 (-89.4%), from €9,458 to €1,000
mainly Stocks and contracts (-€11,586) and Short-term financial debts (-€2,715)
- Intangible fixed assets -€1,970
down €1,970 (-54.6%), from €3,608 to €1,638
- Receivables within one year +€1,462
up €1,462 (+10.5%), from €13,954 to €15,416
of which Other amounts receivable: +€865
- Tangible fixed assets -€716
down €716 (-28.6%), from €2,504 to €1,788
of which Plant, machinery and equipment: -€389
- Profit (loss) carried forward +€6,534
up €6,534 (+26.4%), from -€24,778 to -€18,245
- Short-term financial debts -€2,715
down €2,715 (-100.0%), from €2,715 to €0
- Other debts -€2,515
down €2,515 (-8.7%), from €28,802 to €26,287
- Trade debts +€1,144
up €1,144 (+7.7%), from €14,826 to €15,970
- Gross operating margin +€17,424
up €17,424, from -€6,187 to €11,237
- Depreciation -€4,745
down €4,745 (-63.9%), from €7,432 to €2,686
- Other operating charges +€1,004
up €1,004 (+105.4%), from €953 to €1,957
- Financial income +€306
up €306 (+546.2%), from €56 to €362
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.
Cash bridge derived
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 | €29,545 | €31,912 | +€2,367 | +8.0% |
| Fixed assets | 21/28 | €6,112 | €3,426 | -€2,686 | -44.0% |
| Intangible fixed assets | 21 | €3,608 | €1,638 | -€1,970 | -54.6% |
| Tangible fixed assets | 22/27 | €2,504 | €1,788 | -€716 | -28.6% |
| Plant, machinery and equipment | 23 | €389 | €0 | -€389 | -100.0% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Other tangible fixed assets | 26 | €2,115 | €1,788 | -€327 | -15.5% |
| Current assets | 29/58 | €23,433 | €28,486 | +€5,054 | +21.6% |
| Stocks and contracts in progress | 3 | - | €11,586 | +€11,586 | |
| Stocks | 30/36 | - | €11,586 | +€11,586 | |
| Amounts receivable within one year | 40/41 | €13,954 | €15,416 | +€1,462 | +10.5% |
| Trade receivables | 40 | €13,776 | €14,373 | +€597 | +4.3% |
| Other amounts receivable | 41 | €179 | €1,044 | +€865 | +484.4% |
| Cash at bank and in hand | 54/58 | €9,458 | €1,000 | -€8,458 | -89.4% |
| Deferred charges and accrued income | 490/1 | €21 | €484 | +€463 | +2216.8% |
| Total equity and liabilities | 10/49 | €29,545 | €31,912 | +€2,367 | +8.0% |
| Equity | 10/15 | -€19,778 | -€13,245 | +€6,534 | +33.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€24,778 | -€18,245 | +€6,534 | +26.4% |
| Amounts payable | 17/49 | €49,323 | €45,157 | -€4,166 | -8.4% |
| Amounts payable within one year | 42/48 | €49,323 | €45,157 | -€4,166 | -8.4% |
| Financial debts | 43 | €2,715 | €0 | -€2,715 | -100.0% |
| Credit institutions | 430/8 | €2,715 | €0 | -€2,715 | -100.0% |
| Trade debts | 44 | €14,826 | €15,970 | +€1,144 | +7.7% |
| Suppliers | 440/4 | €14,826 | €15,970 | +€1,144 | +7.7% |
| Taxes, remuneration and social security | 45 | €2,980 | €2,900 | -€80 | -2.7% |
| Taxes | 450/3 | €0 | - | = | |
| Remuneration and social security | 454/9 | €2,980 | €2,900 | -€80 | -2.7% |
| Other amounts payable | 47/48 | €28,802 | €26,287 | -€2,515 | -8.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,432 | €2,686 | -€4,745 | -63.9% |
| Other operating charges | 640/8 | €953 | €1,957 | +€1,004 | +105.4% |
| Gross operating margin | 9900 | -€6,187 | €11,237 | +€17,424 | |
| Operating profit (loss) | 9901 | -€14,571 | €6,594 | +€21,166 | |
| Financial income | 75/76B | €56 | €362 | +€306 | +546.2% |
| Recurring financial income | 75 | €56 | €362 | +€306 | +546.2% |
| Financial charges | 65/66B | €342 | €423 | +€81 | +23.6% |
| Recurring financial charges | 65 | €342 | €423 | +€81 | +23.6% |
| Profit (loss) for the period before taxes | 9903 | -€14,858 | €6,534 | +€21,391 | |
| Profit (loss) for the period | 9904 | -€14,858 | €6,534 | +€21,391 | |
| Profit (loss) for the period to be appropriated | 9905 | -€14,858 | €6,534 | +€21,391 |
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 9 October 2026 via checked.be.