Web Wolves: 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 Wolves
Largest movements
- Cash +€9,788
up €9,788 (+27.2%), from €35,926 to €45,714
mainly Net result for the year (+€50,721) and Depreciation (+€10,215)
- Tangible fixed assets -€6,988
down €6,988 (-26.6%), from €26,230 to €19,243
of which Leasing and similar rights: -€8,619
- Receivables within one year +€895
up €895 (+6.0%), from €14,849 to €15,744
of which Other amounts receivable: +€1,523
- Reserves +€8,144
up €8,144 (+19.1%), from €42,577 to €50,721
- Debts after one year -€8,008
down €8,008 (-56.5%), from €14,174 to €6,166
- Other debts +€2,300
up €2,300 (+131.8%), from €1,745 to €4,045
- Tax, wage and social debts +€942
up €942 (+9.2%), from €10,293 to €11,235
of which Remuneration and social security: +€2,145
- Gross operating margin +€9,946
up €9,946 (+14.7%), from €67,550 to €77,497
- Taxes +€1,872
up €1,872 (+15.5%), from €12,106 to €13,977
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 | €78,621 | €82,720 | +€4,099 | +5.2% |
| Fixed assets | 21/28 | €26,230 | €19,243 | -€6,988 | -26.6% |
| Tangible fixed assets | 22/27 | €26,230 | €19,243 | -€6,988 | -26.6% |
| Plant, machinery and equipment | 23 | €2,168 | €2,019 | -€149 | -6.9% |
| Furniture and vehicles | 24 | - | €1,780 | +€1,780 | |
| Leasing and similar rights | 25 | €24,062 | €15,443 | -€8,619 | -35.8% |
| Current assets | 29/58 | €52,391 | €63,477 | +€11,086 | +21.2% |
| Amounts receivable within one year | 40/41 | €14,849 | €15,744 | +€895 | +6.0% |
| Trade receivables | 40 | €10,955 | €10,327 | -€628 | -5.7% |
| Other amounts receivable | 41 | €3,894 | €5,417 | +€1,523 | +39.1% |
| Cash at bank and in hand | 54/58 | €35,926 | €45,714 | +€9,788 | +27.2% |
| Deferred charges and accrued income | 490/1 | €1,615 | €2,019 | +€404 | +25.0% |
| Total equity and liabilities | 10/49 | €78,621 | €82,720 | +€4,099 | +5.2% |
| Equity | 10/15 | €43,577 | €51,721 | +€8,144 | +18.7% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €42,577 | €50,721 | +€8,144 | +19.1% |
| Distributable reserves | 133 | €42,577 | €50,721 | +€8,144 | +19.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €35,044 | €30,999 | -€4,045 | -11.5% |
| Amounts payable after more than one year | 17 | €14,174 | €6,166 | -€8,008 | -56.5% |
| Financial debts | 170/4 | €14,174 | €6,166 | -€8,008 | -56.5% |
| Amounts payable within one year | 42/48 | €20,870 | €24,833 | +€3,963 | +19.0% |
| Current portion of amounts payable after more than one year | 42 | €7,777 | €8,008 | +€232 | +3.0% |
| Financial debts | 43 | €29 | €171 | +€142 | +487.9% |
| Credit institutions | 430/8 | €29 | €171 | +€142 | +487.9% |
| Trade debts | 44 | €1,026 | €1,374 | +€347 | +33.9% |
| Suppliers | 440/4 | €1,026 | €1,374 | +€347 | +33.9% |
| Taxes, remuneration and social security | 45 | €10,293 | €11,235 | +€942 | +9.2% |
| Taxes | 450/3 | €10,293 | €9,090 | -€1,202 | -11.7% |
| Remuneration and social security | 454/9 | - | €2,145 | +€2,145 | |
| Other amounts payable | 47/48 | €1,745 | €4,045 | +€2,300 | +131.8% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,836 | €10,215 | +€379 | +3.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €2,059 | €1,826 | -€233 | -11.3% |
| Gross operating margin | 9900 | €67,550 | €77,497 | +€9,946 | +14.7% |
| Operating profit (loss) | 9901 | €55,655 | €65,456 | +€9,800 | +17.6% |
| Financial income | 75/76B | €0 | €4 | +€4 | |
| Recurring financial income | 75 | €0 | €4 | +€4 | |
| Financial charges | 65/66B | €973 | €761 | -€211 | -21.7% |
| Recurring financial charges | 65 | €973 | €761 | -€211 | -21.7% |
| Profit (loss) for the period before taxes | 9903 | €54,683 | €64,698 | +€10,015 | +18.3% |
| Income taxes | 67/77 | €12,106 | €13,977 | +€1,872 | +15.5% |
| Profit (loss) for the period | 9904 | €42,577 | €50,721 | +€8,144 | +19.1% |
| Profit (loss) for the period to be appropriated | 9905 | €42,577 | €50,721 | +€8,144 | +19.1% |
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 5 October 2026 via checked.be.