WDB DESIGN: what changed
What changed
WDB DESIGN
NACE 41.001, General construction of residential buildings
filed annual accounts (NBB)
Net result for the year
€1,633
2024 · €5,430-€3,797
Equity
€33,962
2024 · €32,329+€1,633
Cash
€16,365
2024 · €12,443+€3,923
Balance sheet total
€57,173
2024 · €57,672-€499
Largest movements
Assets
- Cash +€3,923
up €3,923 (+31.5%), from €12,443 to €16,365
mainly Depreciation (+€8,956) and Stocks and contracts (+€2,825)
- Stocks and contracts -€2,825
down €2,825 (-12.2%), from €23,138 to €20,313
- Tangible fixed assets -€1,332
down €1,332 (-7.4%), from €18,000 to €16,669
of which Land and buildings: -€4,503
Equity and liabilities
- Reserves +€1,633
up €1,633 (+6.2%), from €26,132 to €27,765
- Other debts -€1,204
down €1,204 (-5.7%), from €21,257 to €20,053
Income statement
- Gross operating margin -€8,334
down €8,334 (-38.5%), from €21,634 to €13,300
- Depreciation -€2,420
down €2,420 (-21.3%), from €11,376 to €8,956
- Taxes -€1,958
down €1,958 (-75.2%), from €2,604 to €646
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.
Result 2024
€5,430
Gross operating margin
-€8,334
Depreciation
+€2,420
Write-downs
+€215
Other operating charges
-€94
Financial income
-€8
Financial charges
+€46
Taxes
+€1,958
Result 2025
€1,633
raises the resultlowers the result
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.
From operations
+€12,104
Investment
-€7,624
Financing
-€558
Cash 2024
€12,443
From operations (derived)
+€12,104
Net result for the year
+€1,633
Depreciation
+€8,956
Stocks and contracts
+€2,825
Receivables within one year
+€167
Deferred charges and accrued income
+€98
Trade debts
-€165
Tax, wage and social debts
-€206
Other debts
-€1,204
Investment (derived)
-€7,624
Investment in fixed assets (net)
-€7,624
Financing
-€558
Current portion of long-term debt
-€558
Cash 2025
€16,365
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €57,672 | €57,173 | -€499 | -0.9% |
| Fixed assets | 21/28 | €18,000 | €16,669 | -€1,332 | -7.4% |
| Tangible fixed assets | 22/27 | €18,000 | €16,669 | -€1,332 | -7.4% |
| Land and buildings | 22 | €9,279 | €4,776 | -€4,503 | -48.5% |
| Plant, machinery and equipment | 23 | €5,653 | €7,644 | +€1,991 | +35.2% |
| Furniture and vehicles | 24 | €3,068 | €4,249 | +€1,180 | +38.5% |
| Current assets | 29/58 | €39,672 | €40,504 | +€833 | +2.1% |
| Stocks and contracts in progress | 3 | €23,138 | €20,313 | -€2,825 | -12.2% |
| Stocks | 30/36 | €23,138 | €20,313 | -€2,825 | -12.2% |
| Amounts receivable within one year | 40/41 | €3,977 | €3,810 | -€167 | -4.2% |
| Trade receivables | 40 | €3,977 | €3,130 | -€847 | -21.3% |
| Other amounts receivable | 41 | €0 | €680 | +€680 | |
| Cash at bank and in hand | 54/58 | €12,443 | €16,365 | +€3,923 | +31.5% |
| Deferred charges and accrued income | 490/1 | €114 | €16 | -€98 | -86.2% |
| Total equity and liabilities | 10/49 | €57,672 | €57,173 | -€499 | -0.9% |
| Equity | 10/15 | €32,329 | €33,962 | +€1,633 | +5.1% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €26,132 | €27,765 | +€1,633 | +6.2% |
| Distributable reserves | 133 | €26,132 | €27,765 | +€1,633 | +6.2% |
| Amounts payable | 17/49 | €25,342 | €23,210 | -€2,132 | -8.4% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €25,342 | €23,210 | -€2,132 | -8.4% |
| Current portion of amounts payable after more than one year | 42 | €558 | €0 | -€558 | -100% |
| Trade debts | 44 | €1,367 | €1,202 | -€165 | -12.0% |
| Suppliers | 440/4 | €1,367 | €1,202 | -€165 | -12.0% |
| Advances received on contracts in progress | 46 | €50 | €50 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €2,111 | €1,905 | -€206 | -9.7% |
| Taxes | 450/3 | €2,111 | €1,905 | -€206 | -9.7% |
| Other amounts payable | 47/48 | €21,257 | €20,053 | -€1,204 | -5.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,376 | €8,956 | -€2,420 | -21.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €215 | €0 | -€215 | -100% |
| Other operating charges | 640/8 | €1,808 | €1,903 | +€94 | +5.2% |
| Gross operating margin | 9900 | €21,634 | €13,300 | -€8,334 | -38.5% |
| Operating profit (loss) | 9901 | €8,234 | €2,441 | -€5,793 | -70.4% |
| Financial income | 75/76B | €116 | €107 | -€8 | -7.0% |
| Recurring financial income | 75 | €116 | €107 | -€8 | -7.0% |
| Financial charges | 65/66B | €315 | €270 | -€46 | -14.5% |
| Recurring financial charges | 65 | €315 | €270 | -€46 | -14.5% |
| Profit (loss) for the period before taxes | 9903 | €8,034 | €2,279 | -€5,755 | -71.6% |
| Income taxes | 67/77 | €2,604 | €646 | -€1,958 | -75.2% |
| Profit (loss) for the period | 9904 | €5,430 | €1,633 | -€3,797 | -69.9% |
| Profit (loss) for the period to be appropriated | 9905 | €5,430 | €1,633 | -€3,797 | -69.9% |
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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.