Web Vader: 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 Vader
Largest movements
- Cash -€15,773
down €15,773 (-22.4%), from €70,371 to €54,598
mainly Receivables within one year (-€10,177) and Contributions, distributions and other (-€9,620)
- Receivables within one year +€10,177
up €10,177 (+105.1%), from €9,687 to €19,863
of which Trade receivables: +€6,471
- Trade debts -€2,715
down €2,715 (-27.6%), from €9,822 to €7,107
- Reserves -€2,178
down €2,178 (-4.4%), from €49,841 to €47,663
of which Distributable reserves: -€2,178
- Tax, wage and social debts -€1,653
down €1,653 (-22.1%), from €7,479 to €5,826
- Gross operating margin -€8,937
down €8,937 (-40.0%), from €22,359 to €13,422
- Taxes -€2,637
down €2,637 (-43.8%), from €6,025 to €3,387
- Financial income +€237
up €237 (+70.2%), from €338 to €575
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 | €87,142 | €80,596 | -€6,546 | -7.5% |
| Fixed assets | 21/28 | €6,071 | €5,843 | -€228 | -3.7% |
| Tangible fixed assets | 22/27 | €6,071 | €5,843 | -€228 | -3.7% |
| Land and buildings | 22 | €2,143 | €1,429 | -€714 | -33.3% |
| Plant, machinery and equipment | 23 | €3,362 | €4,106 | +€744 | +22.1% |
| Furniture and vehicles | 24 | €566 | €308 | -€258 | -45.5% |
| Current assets | 29/58 | €81,071 | €74,753 | -€6,319 | -7.8% |
| Amounts receivable within one year | 40/41 | €9,687 | €19,863 | +€10,177 | +105.1% |
| Trade receivables | 40 | €0 | €6,471 | +€6,471 | |
| Other amounts receivable | 41 | €9,687 | €13,393 | +€3,706 | +38.3% |
| Cash at bank and in hand | 54/58 | €70,371 | €54,598 | -€15,773 | -22.4% |
| Deferred charges and accrued income | 490/1 | €1,014 | €292 | -€722 | -71.2% |
| Total equity and liabilities | 10/49 | €87,142 | €80,596 | -€6,546 | -7.5% |
| Equity | 10/15 | €69,841 | €67,663 | -€2,178 | -3.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €49,841 | €47,663 | -€2,178 | -4.4% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €47,841 | €45,663 | -€2,178 | -4.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €17,301 | €12,933 | -€4,368 | -25.2% |
| Amounts payable within one year | 42/48 | €17,301 | €12,933 | -€4,368 | -25.2% |
| Trade debts | 44 | €9,822 | €7,107 | -€2,715 | -27.6% |
| Suppliers | 440/4 | €9,822 | €7,107 | -€2,715 | -27.6% |
| Taxes, remuneration and social security | 45 | €7,479 | €5,826 | -€1,653 | -22.1% |
| Taxes | 450/3 | €7,479 | €5,826 | -€1,653 | -22.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,388 | €2,561 | +€173 | +7.2% |
| Other operating charges | 640/8 | €562 | €513 | -€49 | -8.7% |
| Gross operating margin | 9900 | €22,359 | €13,422 | -€8,937 | -40.0% |
| Operating profit (loss) | 9901 | €19,409 | €10,348 | -€9,061 | -46.7% |
| Financial income | 75/76B | €338 | €575 | +€237 | +70.2% |
| Recurring financial income | 75 | €338 | €575 | +€237 | +70.2% |
| Financial charges | 65/66B | €81 | €93 | +€12 | +15.2% |
| Recurring financial charges | 65 | €81 | €93 | +€12 | +15.2% |
| Profit (loss) for the period before taxes | 9903 | €19,666 | €10,830 | -€8,836 | -44.9% |
| Income taxes | 67/77 | €6,025 | €3,387 | -€2,637 | -43.8% |
| Profit (loss) for the period | 9904 | €13,641 | €7,442 | -€6,198 | -45.4% |
| Profit (loss) for the period to be appropriated | 9905 | €13,641 | €7,442 | -€6,198 | -45.4% |
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 6 October 2026 via checked.be.