WBS-TRENDS: 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.
WBS-TRENDS
Largest movements
- Tangible fixed assets -€10,646
down €10,646 (-33.9%), from €31,411 to €20,766
of which Furniture and vehicles: -€7,933
- Cash +€8,374
up €8,374 (+46.0%), from €18,202 to €26,576
mainly Other debts (+€57,296) and Net result for the year (+€24,532)
- Stocks and contracts +€3,477
up €3,477 (+6.4%), from €54,729 to €58,206
- Receivables within one year -€1,539
no longer reported in 2025 (was €1,539)
of which Other amounts receivable: -€1,480
- Debts after one year -€70,522
down €70,522 (-79.9%), from €88,297 to €17,775
of which Other amounts payable: -€58,486
- Other debts +€57,296
new in 2025: €57,296
- Profit (loss) carried forward +€21,387
no longer reported in 2025 (was -€21,387)
- Advances received -€6,222
down €6,222 (-76.1%), from €8,178 to €1,956
- Tax, wage and social debts -€4,710
down €4,710 (-39.0%), from €12,066 to €7,356
- Gross operating margin +€60,175
up €60,175, from -€19,643 to €40,532
- Other operating charges +€463
up €463 (+52.1%), from €889 to €1,352
- Depreciation +€406
up €406 (+4.0%), from €10,240 to €10,646
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.
Derived cash bridge
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 | €106,934 | €105,965 | -€969 | -0.9% |
| Fixed assets | 21/28 | €31,411 | €20,766 | -€10,646 | -33.9% |
| Tangible fixed assets | 22/27 | €31,411 | €20,766 | -€10,646 | -33.9% |
| Plant, machinery and equipment | 23 | €5,168 | €3,788 | -€1,380 | -26.7% |
| Furniture and vehicles | 24 | €13,845 | €5,912 | -€7,933 | -57.3% |
| Other tangible fixed assets | 26 | €12,398 | €11,065 | -€1,332 | -10.7% |
| Current assets | 29/58 | €75,523 | €85,199 | +€9,677 | +12.8% |
| Stocks and contracts in progress | 3 | €54,729 | €58,206 | +€3,477 | +6.4% |
| Stocks | 30/36 | €54,729 | €58,206 | +€3,477 | +6.4% |
| Amounts receivable within one year | 40/41 | €1,539 | - | -€1,539 | |
| Trade receivables | 40 | €59 | - | -€59 | |
| Other amounts receivable | 41 | €1,480 | - | -€1,480 | |
| Cash at bank and in hand | 54/58 | €18,202 | €26,576 | +€8,374 | +46.0% |
| Deferred charges and accrued income | 490/1 | €1,053 | €418 | -€636 | -60.3% |
| Total equity and liabilities | 10/49 | €106,934 | €105,965 | -€969 | -0.9% |
| Equity | 10/15 | -€16,387 | €8,144 | +€24,532 | |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €0 | €3,144 | +€3,144 | |
| Distributable reserves | 133 | €0 | €3,144 | +€3,144 | |
| Profit (loss) carried forward | 14 | -€21,387 | - | +€21,387 | |
| Amounts payable | 17/49 | €123,322 | €97,821 | -€25,501 | -20.7% |
| Amounts payable after more than one year | 17 | €88,297 | €17,775 | -€70,522 | -79.9% |
| Financial debts | 170/4 | €29,811 | €17,775 | -€12,036 | -40.4% |
| Other amounts payable | 178/9 | €58,486 | - | -€58,486 | |
| Amounts payable within one year | 42/48 | €35,025 | €80,046 | +€45,021 | +129% |
| Current portion of amounts payable after more than one year | 42 | €13,347 | €12,036 | -€1,311 | -9.8% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €1,434 | €1,403 | -€31 | -2.2% |
| Suppliers | 440/4 | €1,434 | €1,403 | -€31 | -2.2% |
| Advances received on contracts in progress | 46 | €8,178 | €1,956 | -€6,222 | -76.1% |
| Taxes, remuneration and social security | 45 | €12,066 | €7,356 | -€4,710 | -39.0% |
| Taxes | 450/3 | €12,066 | €7,356 | -€4,710 | -39.0% |
| Other amounts payable | 47/48 | - | €57,296 | +€57,296 | |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,240 | €10,646 | +€406 | +4.0% |
| Other operating charges | 640/8 | €889 | €1,352 | +€463 | +52.1% |
| Gross operating margin | 9900 | -€19,643 | €40,532 | +€60,175 | |
| Operating profit (loss) | 9901 | -€30,772 | €28,534 | +€59,306 | |
| Financial income | 75/76B | €82 | €133 | +€50 | +61.5% |
| Recurring financial income | 75 | €82 | €133 | +€50 | +61.5% |
| Financial charges | 65/66B | €3,830 | €3,820 | -€10 | -0.3% |
| Recurring financial charges | 65 | €3,830 | €3,820 | -€10 | -0.3% |
| Profit (loss) for the period before taxes | 9903 | -€34,520 | €24,846 | +€59,366 | |
| Income taxes | 67/77 | €0 | €314 | +€314 | |
| Profit (loss) for the period | 9904 | -€34,520 | €24,532 | +€59,051 | |
| Profit (loss) for the period to be appropriated | 9905 | -€34,520 | €24,532 | +€59,051 |
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 14 October 2026 via checked.be.