WB: what changed
WB
Largest movements
- Receivables within one year -€23,177
down €23,177 (-92.5%), from €25,043 to €1,867
of which Other amounts receivable: -€18,133
- Current investments +€20,000
up €20,000 (+15.4%), from €130,000 to €150,000
- Tangible fixed assets -€19,484
down €19,484 (-46.6%), from €41,854 to €22,369
- Cash +€8,670
up €8,670 (+13.2%), from €65,681 to €74,352
mainly Receivables within one year (+€23,177) and Depreciation (+€19,484)
- Contributions -€18,600
no longer reported in 2025 (was €18,600)
- Other debts +€8,518
up €8,518 (+141%), from €6,054 to €14,572
- Profit (loss) carried forward -€2,804
new in 2025: -€2,804
- Gross operating margin -€13,194
down €13,194 (-38.1%), from €34,635 to €21,441
- Taxes -€4,317
down €4,317 (-50.1%), from €8,612 to €4,296
- Depreciation +€773
up €773 (+4.1%), from €18,711 to €19,484
- Other operating charges +€486
up €486 (+52.0%), from €934 to €1,420
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €263,850 | €248,587 | -€15,263 | -5.8% |
| Fixed assets | 21/28 | €41,854 | €22,369 | -€19,484 | -46.6% |
| Tangible fixed assets | 22/27 | €41,854 | €22,369 | -€19,484 | -46.6% |
| Furniture and vehicles | 24 | €41,854 | €22,369 | -€19,484 | -46.6% |
| Current assets | 29/58 | €221,996 | €226,218 | +€4,222 | +1.9% |
| Amounts receivable within one year | 40/41 | €25,043 | €1,867 | -€23,177 | -92.5% |
| Trade receivables | 40 | €5,043 | - | -€5,043 | |
| Other amounts receivable | 41 | €20,000 | €1,867 | -€18,133 | -90.7% |
| Current investments | 50/53 | €130,000 | €150,000 | +€20,000 | +15.4% |
| Cash at bank and in hand | 54/58 | €65,681 | €74,352 | +€8,670 | +13.2% |
| Deferred charges and accrued income | 490/1 | €1,272 | - | -€1,272 | |
| Total equity and liabilities | 10/49 | €263,850 | €248,587 | -€15,263 | -5.8% |
| Equity | 10/15 | €251,136 | €229,732 | -€21,404 | -8.5% |
| Contributions | 10/11 | €18,600 | - | -€18,600 | |
| Reserves | 13 | €232,536 | €232,536 | = | 0.0% |
| Distributable reserves | 133 | €232,536 | €232,536 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€2,804 | -€2,804 | |
| Amounts payable | 17/49 | €12,714 | €18,855 | +€6,141 | +48.3% |
| Amounts payable within one year | 42/48 | €12,714 | €18,855 | +€6,141 | +48.3% |
| Trade debts | 44 | €1,564 | €539 | -€1,025 | -65.5% |
| Suppliers | 440/4 | €1,564 | €539 | -€1,025 | -65.5% |
| Taxes, remuneration and social security | 45 | €5,096 | €3,744 | -€1,353 | -26.5% |
| Taxes | 450/3 | €5,096 | €3,744 | -€1,353 | -26.5% |
| Other amounts payable | 47/48 | €6,054 | €14,572 | +€8,518 | +141% |
| Remuneration, social security and pensions | 62 | €2,400 | €2,400 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,711 | €19,484 | +€773 | +4.1% |
| Other operating charges | 640/8 | €934 | €1,420 | +€486 | +52.0% |
| Gross operating margin | 9900 | €34,635 | €21,441 | -€13,194 | -38.1% |
| Operating profit (loss) | 9901 | €12,590 | -€1,863 | -€14,453 | |
| Financial income | 75/76B | €3,506 | €3,780 | +€273 | +7.8% |
| Recurring financial income | 75 | €3,506 | €3,780 | +€273 | +7.8% |
| Financial charges | 65/66B | €236 | €424 | +€189 | +80.2% |
| Recurring financial charges | 65 | €236 | €424 | +€189 | +80.2% |
| Profit (loss) for the period before taxes | 9903 | €15,861 | €1,492 | -€14,369 | -90.6% |
| Income taxes | 67/77 | €8,612 | €4,296 | -€4,317 | -50.1% |
| Profit (loss) for the period | 9904 | €7,248 | -€2,804 | -€10,052 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,248 | -€2,804 | -€10,052 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.