WEB12: 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.
WEB12
Largest movements
- Receivables within one year -€15,307
down €15,307 (-89.0%), from €17,192 to €1,885
of which Trade receivables: -€14,520
- Current investments +€10,086
up €10,086 (+100.9%), from €10,000 to €20,086
- Tangible fixed assets -€6,009
down €6,009 (-19.1%), from €31,473 to €25,464
of which Furniture and vehicles: -€5,822
- Deferred charges and accrued income +€1,373
up €1,373 (+87.1%), from €1,577 to €2,949
- Cash -€1,228
down €1,228 (-3.0%), from €40,787 to €39,559
mainly Contributions, distributions and other (-€26,368) and Other debts (-€11,373)
- Other debts -€11,373
down €11,373 (-25.5%), from €44,595 to €33,221
- Current portion of long-term debt +€3,365
new in 2025: €3,365
- Profit (loss) carried forward -€2,973
down €2,973 (-11.3%), from €26,368 to €23,395
- Trade debts +€1,308
up €1,308 (+175.3%), from €746 to €2,054
- Tax, wage and social debts -€1,275
down €1,275 (-14.8%), from €8,642 to €7,367
- Financial charges +€1,163
up €1,163 (+970.7%), from €120 to €1,282
- Other operating charges +€936
up €936 (+303.5%), from €308 to €1,245
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 | €101,028 | €89,943 | -€11,085 | -11.0% |
| Fixed assets | 21/28 | €31,473 | €25,464 | -€6,009 | -19.1% |
| Tangible fixed assets | 22/27 | €31,473 | €25,464 | -€6,009 | -19.1% |
| Plant, machinery and equipment | 23 | €190 | €3 | -€187 | -98.6% |
| Furniture and vehicles | 24 | €31,283 | €25,461 | -€5,822 | -18.6% |
| Current assets | 29/58 | €69,555 | €64,479 | -€5,076 | -7.3% |
| Amounts receivable within one year | 40/41 | €17,192 | €1,885 | -€15,307 | -89.0% |
| Trade receivables | 40 | €14,520 | €0 | -€14,520 | -100.0% |
| Other amounts receivable | 41 | €2,672 | €1,885 | -€787 | -29.5% |
| Current investments | 50/53 | €10,000 | €20,086 | +€10,086 | +100.9% |
| Cash at bank and in hand | 54/58 | €40,787 | €39,559 | -€1,228 | -3.0% |
| Deferred charges and accrued income | 490/1 | €1,577 | €2,949 | +€1,373 | +87.1% |
| Total equity and liabilities | 10/49 | €101,028 | €89,943 | -€11,085 | -11.0% |
| Equity | 10/15 | €46,828 | €43,855 | -€2,973 | -6.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 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% |
| Profit (loss) carried forward | 14 | €26,368 | €23,395 | -€2,973 | -11.3% |
| Amounts payable | 17/49 | €54,200 | €46,088 | -€8,112 | -15.0% |
| Amounts payable within one year | 42/48 | €54,200 | €46,088 | -€8,112 | -15.0% |
| Current portion of amounts payable after more than one year | 42 | - | €3,365 | +€3,365 | |
| Financial debts | 43 | €217 | €81 | -€137 | -62.9% |
| Credit institutions | 430/8 | €217 | €81 | -€137 | -62.9% |
| Trade debts | 44 | €746 | €2,054 | +€1,308 | +175.3% |
| Suppliers | 440/4 | €746 | €2,054 | +€1,308 | +175.3% |
| Taxes, remuneration and social security | 45 | €8,642 | €7,367 | -€1,275 | -14.8% |
| Taxes | 450/3 | €8,642 | €7,367 | -€1,275 | -14.8% |
| Other amounts payable | 47/48 | €44,595 | €33,221 | -€11,373 | -25.5% |
| Non-recurring operating income | 76A | €0 | €125 | +€125 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,480 | €12,782 | +€302 | +2.4% |
| Other operating charges | 640/8 | €308 | €1,245 | +€936 | +303.5% |
| Gross operating margin | 9900 | €47,037 | €46,707 | -€330 | -0.7% |
| Operating profit (loss) | 9901 | €34,249 | €32,680 | -€1,569 | -4.6% |
| Financial income | 75/76B | €348 | €170 | -€178 | -51.2% |
| Recurring financial income | 75 | €348 | €170 | -€178 | -51.2% |
| Financial charges | 65/66B | €120 | €1,282 | +€1,163 | +970.7% |
| Recurring financial charges | 65 | €120 | €1,282 | +€1,163 | +970.7% |
| Profit (loss) for the period before taxes | 9903 | €34,477 | €31,568 | -€2,909 | -8.4% |
| Income taxes | 67/77 | €8,615 | €8,173 | -€442 | -5.1% |
| Profit (loss) for the period | 9904 | €25,862 | €23,395 | -€2,467 | -9.5% |
| Profit (loss) for the period to be appropriated | 9905 | €25,862 | €23,395 | -€2,467 | -9.5% |
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 7 October 2026 via checked.be.