WDB CLEAN: what changed
Two fiscal 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.
WDB CLEAN
Largest movements
- Cash +€75,951
up €75,951 (+153.4%), from €49,509 to €125,459
mainly Net result for the year (+€82,169) and Depreciation (+€29,655)
- Tangible fixed assets +€3,091
up €3,091 (+3.3%), from €94,815 to €97,906
of which Furniture and vehicles: +€6,737
- Reserves +€42,648
up €42,648 (+42.9%), from €99,500 to €142,148
- Other debts +€22,968
up €22,968 (+241.8%), from €9,498 to €32,466
- Profit (loss) carried forward +€16,120
no longer reported in 2025 (was -€16,120)
- Debts after one year +€14,893
up €14,893 (+42.0%), from €35,479 to €50,372
- Contributions -€11,400
down €11,400 (-91.9%), from €12,400 to €1,000
- Gross operating margin +€105,101
up €105,101 (+64.3%), from €163,528 to €268,629
- Staff costs -€23,338
down €23,338 (-15.3%), from €152,277 to €128,938
- Taxes +€20,239
up €20,239 (+5187.2%), from €390 to €20,629
- Depreciation -€18,249
down €18,249 (-38.1%), from €47,904 to €29,655
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 | €199,208 | €275,731 | +€76,524 | +38.4% |
| Fixed assets | 21/28 | €95,206 | €98,206 | +€3,000 | +3.2% |
| Intangible fixed assets | 21 | €91 | €0 | -€91 | -100.0% |
| Tangible fixed assets | 22/27 | €94,815 | €97,906 | +€3,091 | +3.3% |
| Plant, machinery and equipment | 23 | €14,757 | €12,342 | -€2,415 | -16.4% |
| Furniture and vehicles | 24 | €73,440 | €80,178 | +€6,737 | +9.2% |
| Other tangible fixed assets | 26 | €6,618 | €5,387 | -€1,231 | -18.6% |
| Financial fixed assets | 28 | €300 | €300 | = | 0.0% |
| Current assets | 29/58 | €104,002 | €177,525 | +€73,523 | +70.7% |
| Amounts receivable within one year | 40/41 | €49,017 | €46,954 | -€2,063 | -4.2% |
| Trade receivables | 40 | €25,663 | €24,165 | -€1,498 | -5.8% |
| Other amounts receivable | 41 | €23,354 | €22,788 | -€566 | -2.4% |
| Cash at bank and in hand | 54/58 | €49,509 | €125,459 | +€75,951 | +153.4% |
| Deferred charges and accrued income | 490/1 | €5,476 | €5,112 | -€364 | -6.6% |
| Total equity and liabilities | 10/49 | €199,208 | €275,731 | +€76,524 | +38.4% |
| Equity | 10/15 | €95,780 | €143,148 | +€47,369 | +49.5% |
| Contributions | 10/11 | €12,400 | €1,000 | -€11,400 | -91.9% |
| Reserves | 13 | €99,500 | €142,148 | +€42,648 | +42.9% |
| Distributable reserves | 133 | €99,500 | €142,148 | +€42,648 | +42.9% |
| Profit (loss) carried forward | 14 | -€16,120 | - | +€16,120 | |
| Amounts payable | 17/49 | €103,428 | €132,583 | +€29,155 | +28.2% |
| Amounts payable after more than one year | 17 | €35,479 | €50,372 | +€14,893 | +42.0% |
| Financial debts | 170/4 | €35,479 | €50,372 | +€14,893 | +42.0% |
| Amounts payable within one year | 42/48 | €67,949 | €82,211 | +€14,262 | +21.0% |
| Current portion of amounts payable after more than one year | 42 | €18,779 | €17,376 | -€1,403 | -7.5% |
| Financial debts | 43 | - | €3,366 | +€3,366 | |
| Credit institutions | 430/8 | - | €3,366 | +€3,366 | |
| Trade debts | 44 | €17,962 | €11,779 | -€6,183 | -34.4% |
| Suppliers | 440/4 | €17,962 | €11,779 | -€6,183 | -34.4% |
| Taxes, remuneration and social security | 45 | €21,709 | €17,224 | -€4,485 | -20.7% |
| Taxes | 450/3 | €4,112 | €5,869 | +€1,758 | +42.7% |
| Remuneration and social security | 454/9 | €17,598 | €11,354 | -€6,243 | -35.5% |
| Other amounts payable | 47/48 | €9,498 | €32,466 | +€22,968 | +241.8% |
| Remuneration, social security and pensions | 62 | €152,277 | €128,938 | -€23,338 | -15.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €47,904 | €29,655 | -€18,249 | -38.1% |
| Other operating charges | 640/8 | €5,620 | €5,850 | +€230 | +4.1% |
| Non-recurring operating charges | 66A | €263 | - | -€263 | |
| Gross operating margin | 9900 | €163,528 | €268,629 | +€105,101 | +64.3% |
| Operating profit (loss) | 9901 | -€42,536 | €104,186 | +€146,722 | |
| Financial income | 75/76B | €1,598 | €1,577 | -€21 | -1.3% |
| Recurring financial income | 75 | €1,598 | €1,577 | -€21 | -1.3% |
| Financial charges | 65/66B | €2,590 | €2,965 | +€375 | +14.5% |
| Recurring financial charges | 65 | €2,590 | €2,965 | +€375 | +14.5% |
| Profit (loss) for the period before taxes | 9903 | -€43,528 | €102,798 | +€146,326 | |
| Income taxes | 67/77 | €390 | €20,629 | +€20,239 | +5187.2% |
| Profit (loss) for the period | 9904 | -€43,918 | €82,169 | +€126,087 | |
| Profit (loss) for the period to be appropriated | 9905 | -€43,918 | €82,169 | +€126,087 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.