WB Constructions: 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.
WB Constructions
Largest movements
- Cash -€79,963
down €79,963 (-82.1%), from €97,444 to €17,482
mainly Contributions, distributions and other (-€99,000) and Investment in fixed assets (net) (-€39,653)
- Tangible fixed assets +€34,490
up €34,490 (+964.8%), from €3,575 to €38,064
of which Furniture and vehicles: +€34,975
- Receivables within one year -€5,954
down €5,954 (-63.3%), from €9,411 to €3,457
of which Other amounts receivable: -€5,954
- Profit (loss) carried forward -€85,392
down €85,392 (-85.6%), from €99,761 to €14,369
- Other debts +€29,926
new in 2025: €29,926
- Tax, wage and social debts +€3,734
up €3,734 (+74.0%), from €5,045 to €8,778
- Financial charges +€30,854
up €30,854 (+11565.8%), from €267 to €31,121
- Gross operating margin +€16,486
up €16,486 (+41.9%), from €39,330 to €55,816
- Taxes -€2,285
down €2,285 (-34.9%), from €6,543 to €4,259
- Depreciation -€1,544
down €1,544 (-20.8%), from €7,422 to €5,877
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 | €112,573 | €60,431 | -€52,142 | -46.3% |
| Fixed assets | 21/28 | €5,718 | €39,493 | +€33,775 | +590.7% |
| Intangible fixed assets | 21 | €2,143 | €1,429 | -€714 | -33.3% |
| Tangible fixed assets | 22/27 | €3,575 | €38,064 | +€34,490 | +964.8% |
| Plant, machinery and equipment | 23 | €1,376 | €892 | -€485 | -35.2% |
| Furniture and vehicles | 24 | €2,198 | €37,173 | +€34,975 | +1590.9% |
| Current assets | 29/58 | €106,855 | €20,938 | -€85,917 | -80.4% |
| Amounts receivable within one year | 40/41 | €9,411 | €3,457 | -€5,954 | -63.3% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €9,411 | €3,457 | -€5,954 | -63.3% |
| Cash at bank and in hand | 54/58 | €97,444 | €17,482 | -€79,963 | -82.1% |
| Total equity and liabilities | 10/49 | €112,573 | €60,431 | -€52,142 | -46.3% |
| Equity | 10/15 | €104,761 | €19,369 | -€85,392 | -81.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €99,761 | €14,369 | -€85,392 | -85.6% |
| Amounts payable | 17/49 | €7,812 | €41,063 | +€33,251 | +425.6% |
| Amounts payable within one year | 42/48 | €7,812 | €41,063 | +€33,251 | +425.6% |
| Trade debts | 44 | €2,767 | €2,359 | -€409 | -14.8% |
| Suppliers | 440/4 | €2,767 | €2,359 | -€409 | -14.8% |
| Taxes, remuneration and social security | 45 | €5,045 | €8,778 | +€3,734 | +74.0% |
| Taxes | 450/3 | €5,045 | €8,778 | +€3,734 | +74.0% |
| Other amounts payable | 47/48 | - | €29,926 | +€29,926 | |
| Remuneration, social security and pensions | 62 | €1 | €0 | -€1 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,422 | €5,877 | -€1,544 | -20.8% |
| Other operating charges | 640/8 | €779 | €972 | +€193 | +24.8% |
| Gross operating margin | 9900 | €39,330 | €55,816 | +€16,486 | +41.9% |
| Operating profit (loss) | 9901 | €31,129 | €48,967 | +€17,839 | +57.3% |
| Financial income | 75/76B | €0 | €20 | +€20 | |
| Recurring financial income | 75 | €0 | €20 | +€20 | |
| Financial charges | 65/66B | €267 | €31,121 | +€30,854 | +11565.8% |
| Recurring financial charges | 65 | €267 | €31,121 | +€30,854 | +11565.8% |
| Profit (loss) for the period before taxes | 9903 | €30,862 | €17,866 | -€12,996 | -42.1% |
| Income taxes | 67/77 | €6,543 | €4,259 | -€2,285 | -34.9% |
| Profit (loss) for the period | 9904 | €24,319 | €13,608 | -€10,711 | -44.0% |
| Profit (loss) for the period to be appropriated | 9905 | €24,319 | €13,608 | -€10,711 | -44.0% |
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 10 October 2026 via checked.be.