Warbo: what changed
Two fiscal 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.
Warbo
Largest movements
- Receivables within one year -€4,730
down €4,730 (-10.4%), from €45,592 to €40,861
of which Trade receivables: -€2,781
- Cash -€1,446
down €1,446 (-46.2%), from €3,129 to €1,683
mainly Net result for the year (-€4,481) and Trade debts (-€2,704)
- Tangible fixed assets -€1,009
down €1,009 (-36.1%), from €2,798 to €1,789
- Profit (loss) carried forward -€4,481
down €4,481 (-14.2%), from -€31,553 to -€36,034
- Trade debts -€2,704
down €2,704 (-4.8%), from €56,795 to €54,090
- Staff costs -€30,594
no longer reported in 2025 (was €30,594)
- Gross operating margin -€9,942
down €9,942, from €7,037 to -€2,905
- Other operating charges -€598
down €598 (-53.8%), from €1,111 to €513
- Taxes -€329
no longer reported in 2025 (was €329)
- Financial income -€276
no longer reported in 2025 (was €276)
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 | €51,919 | €44,734 | -€7,185 | -13.8% |
| Fixed assets | 21/28 | €3,198 | €2,189 | -€1,009 | -31.6% |
| Tangible fixed assets | 22/27 | €2,798 | €1,789 | -€1,009 | -36.1% |
| Plant, machinery and equipment | 23 | €2,798 | €1,789 | -€1,009 | -36.1% |
| Financial fixed assets | 28 | €400 | €400 | = | 0.0% |
| Current assets | 29/58 | €48,721 | €42,545 | -€6,176 | -12.7% |
| Amounts receivable within one year | 40/41 | €45,592 | €40,861 | -€4,730 | -10.4% |
| Trade receivables | 40 | €32,076 | €29,295 | -€2,781 | -8.7% |
| Other amounts receivable | 41 | €13,515 | €11,566 | -€1,949 | -14.4% |
| Cash at bank and in hand | 54/58 | €3,129 | €1,683 | -€1,446 | -46.2% |
| Total equity and liabilities | 10/49 | €51,919 | €44,734 | -€7,185 | -13.8% |
| Equity | 10/15 | -€9,553 | -€14,034 | -€4,481 | -46.9% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €20,000 | €20,000 | = | 0.0% |
| Distributable reserves | 133 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€31,553 | -€36,034 | -€4,481 | -14.2% |
| Amounts payable | 17/49 | €61,472 | €58,768 | -€2,704 | -4.4% |
| Amounts payable within one year | 42/48 | €61,472 | €58,768 | -€2,704 | -4.4% |
| Trade debts | 44 | €56,795 | €54,090 | -€2,704 | -4.8% |
| Suppliers | 440/4 | €56,795 | €54,090 | -€2,704 | -4.8% |
| Other amounts payable | 47/48 | €4,677 | €4,677 | = | 0.0% |
| Non-recurring operating income | 76A | €3,446 | - | -€3,446 | |
| Remuneration, social security and pensions | 62 | €30,594 | - | -€30,594 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,009 | €1,009 | = | 0.0% |
| Other operating charges | 640/8 | €1,111 | €513 | -€598 | -53.8% |
| Gross operating margin | 9900 | €7,037 | -€2,905 | -€9,942 | |
| Operating profit (loss) | 9901 | -€25,678 | -€4,428 | +€21,250 | +82.8% |
| Financial income | 75/76B | €276 | - | -€276 | |
| Recurring financial income | 75 | €276 | - | -€276 | |
| Financial charges | 65/66B | €80 | €53 | -€27 | -33.7% |
| Recurring financial charges | 65 | €80 | €53 | -€27 | -33.7% |
| Profit (loss) for the period before taxes | 9903 | -€25,483 | -€4,481 | +€21,002 | +82.4% |
| Income taxes | 67/77 | €329 | - | -€329 | |
| Profit (loss) for the period | 9904 | -€25,812 | -€4,481 | +€21,331 | +82.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€25,812 | -€4,481 | +€21,331 | +82.6% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.