WEB 2 WIN: 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.
WEB 2 WIN
Largest movements
- Tangible fixed assets -€21,486
down €21,486 (-13.2%), from €162,218 to €140,732
of which Land and buildings: -€16,825
- Receivables within one year -€5,033
down €5,033 (-38.2%), from €13,187 to €8,154
of which Trade receivables: -€2,747
- Profit (loss) carried forward -€31,155
down €31,155 (-12.3%), from -€254,087 to -€285,242
- Other debts +€18,012
up €18,012 (+5.5%), from €327,433 to €345,446
- Debts after one year -€15,834
down €15,834 (-26.3%), from €60,193 to €44,358
- Gross operating margin +€5,238
up €5,238 (+79.4%), from -€6,601 to -€1,363
- Write-downs +€2,571
new in 2025: €2,571
- Financial charges -€1,450
down €1,450 (-29.2%), from €4,956 to €3,507
of which Non-recurring financial charges: -€808
- Financial income -€819
down €819 (-59.7%), from €1,373 to €554
of which Financial income: -€819
- Other operating charges +€362
up €362 (+15.9%), from €2,279 to €2,641
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €176,133 | €149,648 | -€26,485 | -15.0% |
| Fixed assets | 21/28 | €162,218 | €140,732 | -€21,486 | -13.2% |
| Tangible fixed assets | 22/27 | €162,218 | €140,732 | -€21,486 | -13.2% |
| Land and buildings | 22 | €152,571 | €135,746 | -€16,825 | -11.0% |
| Plant, machinery and equipment | 23 | €882 | €603 | -€279 | -31.6% |
| Furniture and vehicles | 24 | €8,765 | €4,383 | -€4,383 | -50.0% |
| Current assets | 29/58 | €13,915 | €8,916 | -€4,999 | -35.9% |
| Amounts receivable within one year | 40/41 | €13,187 | €8,154 | -€5,033 | -38.2% |
| Trade receivables | 40 | €9,747 | €7,000 | -€2,747 | -28.2% |
| Other amounts receivable | 41 | €3,440 | €1,154 | -€2,286 | -66.5% |
| Deferred charges and accrued income | 490/1 | €729 | €762 | +€33 | +4.6% |
| Total equity and liabilities | 10/49 | €176,133 | €149,648 | -€26,485 | -15.0% |
| Equity | 10/15 | -€233,327 | -€264,482 | -€31,155 | -13.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €8,360 | €8,360 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €6,500 | €6,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€254,087 | -€285,242 | -€31,155 | -12.3% |
| Amounts payable | 17/49 | €409,460 | €414,130 | +€4,670 | +1.1% |
| Amounts payable after more than one year | 17 | €60,193 | €44,358 | -€15,834 | -26.3% |
| Financial debts | 170/4 | €60,193 | €44,358 | -€15,834 | -26.3% |
| Amounts payable within one year | 42/48 | €349,267 | €369,772 | +€20,504 | +5.9% |
| Current portion of amounts payable after more than one year | 42 | €17,167 | €17,834 | +€667 | +3.9% |
| Financial debts | 43 | €930 | €1,801 | +€870 | +93.6% |
| Credit institutions | 430/8 | €930 | €1,801 | +€870 | +93.6% |
| Trade debts | 44 | €1,323 | €1,994 | +€671 | +50.7% |
| Suppliers | 440/4 | €1,323 | €1,994 | +€671 | +50.7% |
| Taxes, remuneration and social security | 45 | €2,414 | €2,697 | +€283 | +11.7% |
| Taxes | 450/3 | €2,414 | €2,697 | +€283 | +11.7% |
| Other amounts payable | 47/48 | €327,433 | €345,446 | +€18,012 | +5.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,486 | €21,486 | = | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €2,571 | +€2,571 | |
| Other operating charges | 640/8 | €2,279 | €2,641 | +€362 | +15.9% |
| Gross operating margin | 9900 | -€6,601 | -€1,363 | +€5,238 | +79.4% |
| Operating profit (loss) | 9901 | -€30,366 | -€28,061 | +€2,305 | +7.6% |
| Financial income | 75/76B | €1,373 | €554 | -€819 | -59.7% |
| Recurring financial income | 75 | €1,373 | €554 | -€819 | -59.7% |
| Non-recurring financial income | 76B | €1,373 | €554 | -€819 | -59.7% |
| Financial charges | 65/66B | €4,956 | €3,507 | -€1,450 | -29.2% |
| Recurring financial charges | 65 | €4,148 | €3,507 | -€641 | -15.5% |
| Non-recurring financial charges | 66B | €808 | €0 | -€808 | -100.0% |
| Profit (loss) for the period before taxes | 9903 | -€33,950 | -€31,014 | +€2,936 | +8.6% |
| Income taxes | 67/77 | €364 | €141 | -€223 | -61.3% |
| Profit (loss) for the period | 9904 | -€34,314 | -€31,155 | +€3,159 | +9.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€34,314 | -€31,155 | +€3,159 | +9.2% |
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 3 October 2026 via checked.be.