WEB ESTATE: 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 ESTATE
Largest movements
- Cash -€55,458
down €55,458 (-86.8%), from €63,874 to €8,416
mainly Other debts (-€113,220) and Investment in fixed assets (net) (-€63,900)
- Intangible fixed assets -€35,000
down €35,000 (-100.0%), from €35,000 to €0
- Other debts -€113,220
down €113,220 (-23.7%), from €477,151 to €363,931
- Reserves +€63,006
up €63,006 (+15.1%), from €416,450 to €479,456
- Debts after one year -€48,298
down €48,298 (-11.3%), from €428,374 to €380,076
- Gross operating margin +€37,677
up €37,677 (+18.2%), from €207,006 to €244,683
- Taxes +€10,236
up €10,236 (+63.2%), from €16,203 to €26,439
- Depreciation +€2,514
up €2,514 (+2.5%), from €102,179 to €104,694
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 | €1,527,856 | €1,423,277 | -€104,579 | -6.8% |
| Fixed assets | 21/28 | €1,436,221 | €1,395,427 | -€40,794 | -2.8% |
| Intangible fixed assets | 21 | €35,000 | €0 | -€35,000 | -100.0% |
| Tangible fixed assets | 22/27 | €1,401,221 | €1,395,427 | -€5,794 | -0.4% |
| Land and buildings | 22 | €1,265,685 | €1,230,323 | -€35,362 | -2.8% |
| Plant, machinery and equipment | 23 | €119,067 | €96,887 | -€22,180 | -18.6% |
| Furniture and vehicles | 24 | €16,469 | €68,217 | +€51,748 | +314.2% |
| Current assets | 29/58 | €91,636 | €27,851 | -€63,785 | -69.6% |
| Stocks and contracts in progress | 3 | €6,200 | €6,200 | = | 0.0% |
| Stocks | 30/36 | €6,200 | €6,200 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €18,863 | €10,611 | -€8,253 | -43.7% |
| Trade receivables | 40 | €18,500 | €5,918 | -€12,582 | -68.0% |
| Other amounts receivable | 41 | €363 | €4,693 | +€4,330 | +1192.8% |
| Cash at bank and in hand | 54/58 | €63,874 | €8,416 | -€55,458 | -86.8% |
| Deferred charges and accrued income | 490/1 | €2,699 | €2,624 | -€75 | -2.8% |
| Total equity and liabilities | 10/49 | €1,527,856 | €1,423,277 | -€104,579 | -6.8% |
| Equity | 10/15 | €540,759 | €603,765 | +€63,006 | +11.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €416,450 | €479,456 | +€63,006 | +15.1% |
| Distributable reserves | 133 | €416,450 | €479,456 | +€63,006 | +15.1% |
| Profit (loss) carried forward | 14 | €118,109 | €118,109 | +€0 | 0.0% |
| Amounts payable | 17/49 | €987,098 | €819,512 | -€167,585 | -17.0% |
| Amounts payable after more than one year | 17 | €428,374 | €380,076 | -€48,298 | -11.3% |
| Financial debts | 170/4 | €428,374 | €380,076 | -€48,298 | -11.3% |
| Amounts payable within one year | 42/48 | €553,523 | €434,236 | -€119,287 | -21.6% |
| Current portion of amounts payable after more than one year | 42 | €47,826 | €48,298 | +€472 | +1.0% |
| Trade debts | 44 | €4,727 | €3,270 | -€1,456 | -30.8% |
| Suppliers | 440/4 | €4,727 | €3,270 | -€1,456 | -30.8% |
| Taxes, remuneration and social security | 45 | €23,820 | €18,737 | -€5,083 | -21.3% |
| Taxes | 450/3 | €18,775 | €13,150 | -€5,626 | -30.0% |
| Remuneration and social security | 454/9 | €5,045 | €5,587 | +€543 | +10.8% |
| Other amounts payable | 47/48 | €477,151 | €363,931 | -€113,220 | -23.7% |
| Accrued charges and deferred income | 492/3 | €5,200 | €5,200 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €38,852 | €39,966 | +€1,114 | +2.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €102,179 | €104,694 | +€2,514 | +2.5% |
| Other operating charges | 640/8 | €5,706 | €4,724 | -€982 | -17.2% |
| Gross operating margin | 9900 | €207,006 | €244,683 | +€37,677 | +18.2% |
| Operating profit (loss) | 9901 | €60,268 | €95,299 | +€35,031 | +58.1% |
| Financial income | 75/76B | €4 | €1,841 | +€1,837 | +46852.6% |
| Recurring financial income | 75 | €4 | €1,841 | +€1,837 | +46852.6% |
| Financial charges | 65/66B | €8,989 | €7,694 | -€1,294 | -14.4% |
| Recurring financial charges | 65 | €8,989 | €7,694 | -€1,294 | -14.4% |
| Profit (loss) for the period before taxes | 9903 | €51,283 | €89,445 | +€38,162 | +74.4% |
| Income taxes | 67/77 | €16,203 | €26,439 | +€10,236 | +63.2% |
| Profit (loss) for the period | 9904 | €35,080 | €63,006 | +€27,926 | +79.6% |
| Profit (loss) for the period to be appropriated | 9905 | €35,080 | €63,006 | +€27,926 | +79.6% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.