Web-Fi: 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.
Web-Fi
Largest movements
- Tangible fixed assets -€244,262
down €244,262 (-98.0%), from €249,310 to €5,047
of which Land and buildings: -€240,600
- Receivables within one year -€149,947
down €149,947 (-76.6%), from €195,735 to €45,788
of which Other amounts receivable: -€162,388
- Current investments +€85,006
up €85,006 (+435%), from €19,536 to €104,542
- Cash +€9,389
up €9,389 (+7,642%), from €123 to €9,511
mainly Investment in fixed assets (net) (+€240,646) and Receivables within one year (+€149,947)
- Debts after one year -€292,166
no longer reported in 2025 (was €292,166)
- Other debts +€48,350
new in 2025: €48,350
- Current portion of long-term debt -€42,003
down €42,003 (-98.0%), from €42,861 to €857
- Reserves -€13,243
down €13,243 (-17.9%), from €74,078 to €60,836
of which Distributable reserves: -€13,243
- Tax, wage and social debts -€12,326
down €12,326 (-63.1%), from €19,529 to €7,203
- Gross operating margin +€19,593
up €19,593 (+83.5%), from €23,463 to €43,056
- Depreciation -€15,501
down €15,501 (-81.1%), from €19,117 to €3,617
- Financial income -€12,428
down €12,428 (-82.0%), from €15,155 to €2,727
- Taxes +€9,771
up €9,771 (+151%), from €6,490 to €16,261
- Other operating charges +€8,790
up €8,790 (+436%), from €2,015 to €10,805
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 | €467,551 | €167,364 | -€300,186 | -64.2% |
| Fixed assets | 21/28 | €249,310 | €5,047 | -€244,262 | -98.0% |
| Tangible fixed assets | 22/27 | €249,310 | €5,047 | -€244,262 | -98.0% |
| Land and buildings | 22 | €240,600 | - | -€240,600 | |
| Plant, machinery and equipment | 23 | €862 | €1,551 | +€689 | +80.0% |
| Furniture and vehicles | 24 | €7,026 | €2,849 | -€4,177 | -59.4% |
| Other tangible fixed assets | 26 | €822 | €647 | -€175 | -21.3% |
| Current assets | 29/58 | €218,241 | €162,317 | -€55,924 | -25.6% |
| Amounts receivable within one year | 40/41 | €195,735 | €45,788 | -€149,947 | -76.6% |
| Trade receivables | 40 | €28,824 | €41,266 | +€12,442 | +43.2% |
| Other amounts receivable | 41 | €166,911 | €4,522 | -€162,388 | -97.3% |
| Current investments | 50/53 | €19,536 | €104,542 | +€85,006 | +435% |
| Cash at bank and in hand | 54/58 | €123 | €9,511 | +€9,389 | +7,642% |
| Deferred charges and accrued income | 490/1 | €2,847 | €2,475 | -€372 | -13.1% |
| Total equity and liabilities | 10/49 | €467,551 | €167,364 | -€300,186 | -64.2% |
| Equity | 10/15 | €92,670 | €79,428 | -€13,243 | -14.3% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €74,078 | €60,836 | -€13,243 | -17.9% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €3,173 | €3,173 | = | 0.0% |
| Distributable reserves | 133 | €69,046 | €55,803 | -€13,243 | -19.2% |
| Amounts payable | 17/49 | €374,881 | €87,937 | -€286,944 | -76.5% |
| Amounts payable after more than one year | 17 | €292,166 | - | -€292,166 | |
| Financial debts | 170/4 | €292,166 | - | -€292,166 | |
| Amounts payable within one year | 42/48 | €82,715 | €87,397 | +€4,682 | +5.7% |
| Current portion of amounts payable after more than one year | 42 | €42,861 | €857 | -€42,003 | -98.0% |
| Financial debts | 43 | €4,332 | €4,876 | +€544 | +12.5% |
| Credit institutions | 430/8 | €4,332 | €4,876 | +€544 | +12.5% |
| Trade debts | 44 | €15,993 | €26,110 | +€10,117 | +63.3% |
| Suppliers | 440/4 | €15,993 | €26,110 | +€10,117 | +63.3% |
| Taxes, remuneration and social security | 45 | €19,529 | €7,203 | -€12,326 | -63.1% |
| Taxes | 450/3 | €19,529 | €7,203 | -€12,326 | -63.1% |
| Other amounts payable | 47/48 | - | €48,350 | +€48,350 | |
| Accrued charges and deferred income | 492/3 | - | €540 | +€540 | |
| Non-recurring operating income | 76A | - | €96,303 | +€96,303 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,117 | €3,617 | -€15,501 | -81.1% |
| Other operating charges | 640/8 | €2,015 | €10,805 | +€8,790 | +436% |
| Non-recurring operating charges | 66A | - | €1,028 | +€1,028 | |
| Gross operating margin | 9900 | €23,463 | €43,056 | +€19,593 | +83.5% |
| Operating profit (loss) | 9901 | €2,331 | €27,606 | +€25,276 | +1,084% |
| Financial income | 75/76B | €15,155 | €2,727 | -€12,428 | -82.0% |
| Recurring financial income | 75 | €15,155 | €2,727 | -€12,428 | -82.0% |
| Financial charges | 65/66B | €14,805 | €9,314 | -€5,490 | -37.1% |
| Recurring financial charges | 65 | €14,805 | €9,314 | -€5,490 | -37.1% |
| Profit (loss) for the period before taxes | 9903 | €2,681 | €21,019 | +€18,338 | +684% |
| Income taxes | 67/77 | €6,490 | €16,261 | +€9,771 | +151% |
| Profit (loss) for the period | 9904 | -€3,809 | €4,757 | +€8,567 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,809 | €4,757 | +€8,567 |
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 16 October 2026 via checked.be.