WB Bouw: what changed
WB Bouw
Largest movements
- Tangible fixed assets +€27,439
new in 2025: €27,439
- Cash -€9,383
down €9,383 (-23.6%), from €39,768 to €30,385
mainly Investment in fixed assets (net) (-€31,200) and Tax, wage and social debts (-€8,913)
- Receivables within one year +€763
up €763 (+30.5%), from €2,504 to €3,268
of which Other amounts receivable: +€2,484
- Deferred charges and accrued income +€749
up €749 (+47.6%), from €1,572 to €2,321
- Debts after one year +€22,751
new in 2025: €22,751
- Tax, wage and social debts -€8,913
no longer reported in 2025 (was €8,913)
- Current portion of long-term debt +€4,443
new in 2025: €4,443
- Reserves +€1,602
up €1,602 (+5.3%), from €30,121 to €31,723
- Gross operating margin -€33,184
down €33,184 (-81.3%), from €40,799 to €7,615
- Taxes -€8,069
down €8,069 (-90.5%), from €8,913 to €845
- Depreciation +€2,882
up €2,882 (+328%), from €879 to €3,761
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 | €43,844 | €63,412 | +€19,568 | +44.6% |
| Fixed assets | 21/28 | - | €27,439 | +€27,439 | |
| Tangible fixed assets | 22/27 | - | €27,439 | +€27,439 | |
| Leasing and similar rights | 25 | - | €27,439 | +€27,439 | |
| Current assets | 29/58 | €43,844 | €35,974 | -€7,871 | -18.0% |
| Amounts receivable within one year | 40/41 | €2,504 | €3,268 | +€763 | +30.5% |
| Trade receivables | 40 | €1,721 | - | -€1,721 | |
| Other amounts receivable | 41 | €784 | €3,268 | +€2,484 | +317% |
| Cash at bank and in hand | 54/58 | €39,768 | €30,385 | -€9,383 | -23.6% |
| Deferred charges and accrued income | 490/1 | €1,572 | €2,321 | +€749 | +47.6% |
| Total equity and liabilities | 10/49 | €43,844 | €63,412 | +€19,568 | +44.6% |
| Equity | 10/15 | €33,121 | €34,723 | +€1,602 | +4.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €30,121 | €31,723 | +€1,602 | +5.3% |
| Distributable reserves | 133 | €30,121 | €31,723 | +€1,602 | +5.3% |
| Amounts payable | 17/49 | €10,724 | €28,690 | +€17,966 | +168% |
| Amounts payable after more than one year | 17 | - | €22,751 | +€22,751 | |
| Financial debts | 170/4 | - | €22,751 | +€22,751 | |
| Amounts payable within one year | 42/48 | €10,724 | €5,938 | -€4,785 | -44.6% |
| Current portion of amounts payable after more than one year | 42 | - | €4,443 | +€4,443 | |
| Trade debts | 44 | €1,810 | €1,495 | -€315 | -17.4% |
| Suppliers | 440/4 | €1,810 | €1,495 | -€315 | -17.4% |
| Taxes, remuneration and social security | 45 | €8,913 | - | -€8,913 | |
| Taxes | 450/3 | €8,913 | - | -€8,913 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €879 | €3,761 | +€2,882 | +328% |
| Other operating charges | 640/8 | €518 | €845 | +€328 | +63.4% |
| Gross operating margin | 9900 | €40,799 | €7,615 | -€33,184 | -81.3% |
| Operating profit (loss) | 9901 | €39,402 | €3,008 | -€36,394 | -92.4% |
| Financial income | 75/76B | - | €74 | +€74 | |
| Recurring financial income | 75 | - | €74 | +€74 | |
| Financial charges | 65/66B | €368 | €635 | +€267 | +72.5% |
| Recurring financial charges | 65 | €368 | €635 | +€267 | +72.5% |
| Profit (loss) for the period before taxes | 9903 | €39,034 | €2,447 | -€36,587 | -93.7% |
| Income taxes | 67/77 | €8,913 | €845 | -€8,069 | -90.5% |
| Profit (loss) for the period | 9904 | €30,121 | €1,602 | -€28,518 | -94.7% |
| Profit (loss) for the period to be appropriated | 9905 | €30,121 | €1,602 | -€28,518 | -94.7% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.