WBL Engineering: what changed
WBL Engineering
Largest movements
- Financial fixed assets -€346,000
no longer reported in 2025 (was €346,000)
- Receivables within one year +€171,098
up €171,098 (+1,257%), from €13,613 to €184,711
of which Other amounts receivable: +€169,142
- Cash +€124,800
up €124,800 (+527%), from €23,671 to €148,472
mainly Investment in fixed assets (net) (+€344,778) and Net result for the year (+€279,854)
- Current investments +€11,999
new in 2025: €11,999
- Tangible fixed assets -€8,288
down €8,288 (-30.7%), from €27,012 to €18,724
- Reserves +€279,000
up €279,000 (+547%), from €51,000 to €330,000
- Debts after one year -€241,151
no longer reported in 2025 (was €241,151)
of which Financial debts: -€192,838
- Current portion of long-term debt -€46,194
no longer reported in 2025 (was €46,194)
- Other debts -€23,418
down €23,418 (-92.5%), from €25,321 to €1,903
- Tax, wage and social debts -€12,282
down €12,282 (-44.1%), from €27,882 to €15,600
- Financial income +€291,119
up €291,119 (+2,193%), from €13,274 to €304,393
of which Non-recurring financial income: +€218,766
- Gross operating margin -€63,912
down €63,912 (-95.7%), from €66,808 to €2,896
- Depreciation +€9,035
up €9,035 (+1,901%), from €475 to €9,510
- Financial charges -€6,344
down €6,344 (-76.1%), from €8,332 to €1,988
- Taxes -€2,831
down €2,831 (-15.4%), from €18,400 to €15,569
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 | €411,438 | €364,587 | -€46,851 | -11.4% |
| Fixed assets | 21/28 | €373,012 | €18,724 | -€354,288 | -95.0% |
| Tangible fixed assets | 22/27 | €27,012 | €18,724 | -€8,288 | -30.7% |
| Furniture and vehicles | 24 | €27,012 | €18,724 | -€8,288 | -30.7% |
| Financial fixed assets | 28 | €346,000 | - | -€346,000 | |
| Current assets | 29/58 | €38,426 | €345,863 | +€307,437 | +800% |
| Amounts receivable within one year | 40/41 | €13,613 | €184,711 | +€171,098 | +1,257% |
| Trade receivables | 40 | €13,613 | €15,569 | +€1,956 | +14.4% |
| Other amounts receivable | 41 | - | €169,142 | +€169,142 | |
| Current investments | 50/53 | - | €11,999 | +€11,999 | |
| Cash at bank and in hand | 54/58 | €23,671 | €148,472 | +€124,800 | +527% |
| Deferred charges and accrued income | 490/1 | €1,142 | €681 | -€461 | -40.4% |
| Total equity and liabilities | 10/49 | €411,438 | €364,587 | -€46,851 | -11.4% |
| Equity | 10/15 | €66,302 | €345,356 | +€279,054 | +421% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €51,000 | €330,000 | +€279,000 | +547% |
| Distributable reserves | 133 | €51,000 | €330,000 | +€279,000 | +547% |
| Profit (loss) carried forward | 14 | €302 | €356 | +€54 | +18.0% |
| Amounts payable | 17/49 | €345,136 | €19,231 | -€325,905 | -94.4% |
| Amounts payable after more than one year | 17 | €241,151 | - | -€241,151 | |
| Financial debts | 170/4 | €192,838 | - | -€192,838 | |
| Other amounts payable | 178/9 | €48,313 | - | -€48,313 | |
| Amounts payable within one year | 42/48 | €99,527 | €17,987 | -€81,540 | -81.9% |
| Current portion of amounts payable after more than one year | 42 | €46,194 | - | -€46,194 | |
| Trade debts | 44 | €130 | €484 | +€354 | +273% |
| Suppliers | 440/4 | €130 | €484 | +€354 | +273% |
| Taxes, remuneration and social security | 45 | €27,882 | €15,600 | -€12,282 | -44.1% |
| Taxes | 450/3 | €27,882 | €15,600 | -€12,282 | -44.1% |
| Other amounts payable | 47/48 | €25,321 | €1,903 | -€23,418 | -92.5% |
| Accrued charges and deferred income | 492/3 | €4,458 | €1,244 | -€3,214 | -72.1% |
| Non-recurring operating income | 76A | €2,250 | - | -€2,250 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €475 | €9,510 | +€9,035 | +1,901% |
| Other operating charges | 640/8 | €773 | €367 | -€405 | -52.5% |
| Gross operating margin | 9900 | €66,808 | €2,896 | -€63,912 | -95.7% |
| Operating profit (loss) | 9901 | €65,560 | -€6,982 | -€72,541 | |
| Financial income | 75/76B | €13,274 | €304,393 | +€291,119 | +2,193% |
| Recurring financial income | 75 | €13,274 | €85,627 | +€72,353 | +545% |
| Non-recurring financial income | 76B | - | €218,766 | +€218,766 | |
| Financial charges | 65/66B | €8,332 | €1,988 | -€6,344 | -76.1% |
| Recurring financial charges | 65 | €8,332 | €1,988 | -€6,344 | -76.1% |
| Profit (loss) for the period before taxes | 9903 | €70,502 | €295,423 | +€224,921 | +319% |
| Income taxes | 67/77 | €18,400 | €15,569 | -€2,831 | -15.4% |
| Profit (loss) for the period | 9904 | €52,102 | €279,854 | +€227,752 | +437% |
| Profit (loss) for the period to be appropriated | 9905 | €52,102 | €279,854 | +€227,752 | +437% |
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 8 November 2026 via checked.be.