WeBarge: 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.
What changed
WeBarge
NACE 52.210, Service activities incidental to land transportation
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€1.8m
2024 · €1.8m-€55,855
Equity
€5.1m
2024 · €3.3m+€1.8m
Cash
€1.3m
2024 · -+€1.3m
Balance sheet total
€8.6m
2024 · €5.2m+€3.4m
Largest movements
Assets
- Receivables within one year +€2.3m
up €2.3m (+201%), from €1.1m to €3.4m
of which Trade receivables: +€2.2m
- Cash +€1.3m
new in 2025: €1.3m
mainly Net result for the year (+€1.8m) and Other debts (+€1.3m)
- Financial fixed assets -€164,589
down €164,589 (-4.9%), from €3.4m to €3.2m
of which Affiliated companies: -€164,589
- Deferred charges and accrued income +€130,335
up €130,335 (+345%), from €37,753 to €168,088
- Tangible fixed assets -€121,217
down €121,217 (-30.0%), from €404,705 to €283,488
of which Plant, machinery and equipment: -€118,054
Equity and liabilities
- Contributions +€1.3m
up €1.3m (+276%), from €462,000 to €1.7m
- Other debts +€1.3m
up €1.3m, from €0 to €1.3m
- Trade debts +€796,880
up €796,880 (+73.7%), from €1.1m to €1.9m
- Profit (loss) carried forward +€435,234
up €435,234 (+15.5%), from €2.8m to €3.2m
- Short-term financial debts -€318,395
no longer reported in 2025 (was €318,395)
Income statement
- Turnover +€4.3m
up €4.3m (+29.6%), from €14.5m to €18.8m
- Goods and materials +€3.7m
up €3.7m (+34.7%), from €10.7m to €14.4m
of which Purchases: +€3.7m
- Services and other goods +€390,363
up €390,363 (+44.8%), from €872,129 to €1.3m
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.
Result 2024
€1.8m
Turnover
+€4.3m
Other operating income
+€79,893
Goods and materials
-€3.7m
Services and other goods
-€390,363
Staff costs
-€135,490
Depreciation
+€6,845
Write-downs
-€20,880
Other operating charges
-€101,339
Financial income
-€125,583
Financial charges
+€15,427
Taxes
+€22,942
Result 2025
€1.8m
raises the resultlowers the result
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.
From operations
+€1.5m
Investment
+€151,511
Financing
-€368,205
Cash 2024
€0
From operations (derived)
+€1.5m
Net result for the year
+€1.8m
Depreciation
+€141,480
Stocks and contracts
-€2,164
Receivables within one year
-€2.3m
Deferred charges and accrued income
-€130,335
Trade debts
+€796,880
Tax, wage and social debts
-€26,123
Other debts
+€1.3m
Investment (derived)
+€151,511
Investment in fixed assets (net)
+€151,511
Financing
-€368,205
Debts after one year
-€73,148
Current portion of long-term debt
+€1,832
Short-term financial debts
-€318,395
Contributions, distributions and other
+€21,506
Cash 2025
€1.3m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,165,146 | €8,601,932 | +€3.4m | +66.5% |
| Fixed assets | 21/28 | €3,775,263 | €3,482,273 | -€292,991 | -7.8% |
| Intangible fixed assets | 21 | €7,561 | €375 | -€7,186 | -95.0% |
| Tangible fixed assets | 22/27 | €404,705 | €283,488 | -€121,217 | -30.0% |
| Plant, machinery and equipment | 23 | €384,498 | €266,444 | -€118,054 | -30.7% |
| Furniture and vehicles | 24 | €20,207 | €17,044 | -€3,162 | -15.7% |
| Financial fixed assets | 28 | €3,362,998 | €3,198,409 | -€164,589 | -4.9% |
| Affiliated companies | 280/1 | €3,362,298 | €3,197,709 | -€164,589 | -4.9% |
| Participating interests | 280 | - | €3,092,784 | +€3.1m | |
| Amounts receivable | 281 | €3,362,298 | €104,926 | -€3.3m | -96.9% |
| Other financial fixed assets | 284/8 | €700 | €700 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €700 | €700 | = | 0.0% |
| Current assets | 29/58 | €1,389,883 | €5,119,660 | +€3.7m | +268% |
| Stocks and contracts in progress | 3 | €210,840 | €213,003 | +€2,164 | +1.0% |
| Stocks | 30/36 | €210,840 | €213,003 | +€2,164 | +1.0% |
| Goods purchased for resale | 34 | €210,840 | €213,003 | +€2,164 | +1.0% |
| Amounts receivable within one year | 40/41 | €1,141,290 | €3,437,997 | +€2.3m | +201% |
| Trade receivables | 40 | €1,118,320 | €3,364,794 | +€2.2m | +201% |
| Other amounts receivable | 41 | €22,970 | €73,204 | +€50,234 | +219% |
| Cash at bank and in hand | 54/58 | - | €1,300,571 | +€1.3m | |
| Deferred charges and accrued income | 490/1 | €37,753 | €168,088 | +€130,335 | +345% |
| Total equity and liabilities | 10/49 | €5,165,146 | €8,601,932 | +€3.4m | +66.5% |
| Equity | 10/15 | €3,322,399 | €5,123,139 | +€1.8m | +54.2% |
| Contributions | 10/11 | €462,000 | €1,738,506 | +€1.3m | +276% |
| Capital | 10 | €462,000 | €1,738,506 | +€1.3m | +276% |
| Issued capital | 100 | €462,000 | €1,738,506 | +€1.3m | +276% |
| Reserves | 13 | €46,200 | €135,200 | +€89,000 | +193% |
| Non-distributable reserves | 130/1 | €46,200 | €135,200 | +€89,000 | +193% |
| Legal reserve | 130 | €46,200 | €135,200 | +€89,000 | +193% |
| Profit (loss) carried forward | 14 | €2,814,199 | €3,249,434 | +€435,234 | +15.5% |
| Amounts payable | 17/49 | €1,842,747 | €3,478,793 | +€1.6m | +88.8% |
| Amounts payable after more than one year | 17 | €205,708 | €132,560 | -€73,148 | -35.6% |
| Financial debts | 170/4 | €205,708 | €132,560 | -€73,148 | -35.6% |
| Credit institutions | 173 | €205,708 | €132,560 | -€73,148 | -35.6% |
| Amounts payable within one year | 42/48 | €1,637,040 | €3,346,234 | +€1.7m | +104% |
| Current portion of amounts payable after more than one year | 42 | €71,316 | €73,148 | +€1,832 | +2.6% |
| Financial debts | 43 | €318,395 | - | -€318,395 | |
| Credit institutions | 430/8 | €318,395 | - | -€318,395 | |
| Trade debts | 44 | €1,080,798 | €1,877,678 | +€796,880 | +73.7% |
| Suppliers | 440/4 | €1,080,798 | €1,877,678 | +€796,880 | +73.7% |
| Taxes, remuneration and social security | 45 | €166,531 | €140,408 | -€26,123 | -15.7% |
| Taxes | 450/3 | €106,572 | €48,569 | -€58,002 | -54.4% |
| Remuneration and social security | 454/9 | €59,959 | €91,839 | +€31,880 | +53.2% |
| Other amounts payable | 47/48 | €0 | €1,255,000 | +€1.3m | |
| Operating income | 70/76A | €14,569,362 | €18,951,533 | +€4.4m | +30.1% |
| Turnover | 70 | €14,521,581 | €18,823,859 | +€4.3m | +29.6% |
| Other operating income | 74 | €47,780 | €127,674 | +€79,893 | +167% |
| Operating charges | 60/66A | €12,187,533 | €16,538,346 | +€4.4m | +35.7% |
| Goods for resale, raw materials and consumables | 60 | €10,685,919 | €14,395,504 | +€3.7m | +34.7% |
| Purchases | 600/8 | €10,726,692 | €14,397,668 | +€3.7m | +34.2% |
| Change in stocks: decrease (increase) | 609 | -€40,773 | -€2,164 | +€38,609 | +94.7% |
| Services and other goods | 61 | €872,129 | €1,262,493 | +€390,363 | +44.8% |
| Remuneration, social security and pensions | 62 | €494,223 | €629,713 | +€135,490 | +27.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €148,325 | €141,480 | -€6,845 | -4.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€20,880 | - | +€20,880 | |
| Other operating charges | 640/8 | €7,817 | €109,156 | +€101,339 | +1,296% |
| Operating profit (loss) | 9901 | €2,381,828 | €2,413,187 | +€31,359 | +1.3% |
| Financial income | 75/76B | €125,831 | €248 | -€125,583 | -99.8% |
| Recurring financial income | 75 | €125,831 | €248 | -€125,583 | -99.8% |
| Income from financial fixed assets | 750 | €125,471 | - | -€125,471 | |
| Income from current assets | 751 | €0 | - | = | |
| Other financial income | 752/9 | €360 | €248 | -€112 | -31.2% |
| Financial charges | 65/66B | €41,718 | €26,291 | -€15,427 | -37.0% |
| Recurring financial charges | 65 | €41,718 | €26,291 | -€15,427 | -37.0% |
| Debt charges | 650 | €29,147 | €19,885 | -€9,263 | -31.8% |
| Other financial charges | 652/9 | €12,571 | €6,407 | -€6,164 | -49.0% |
| Profit (loss) for the period before taxes | 9903 | €2,465,942 | €2,387,144 | -€78,798 | -3.2% |
| Income taxes | 67/77 | €630,852 | €607,910 | -€22,942 | -3.6% |
| Taxes | 670/3 | €634,000 | €608,500 | -€25,500 | -4.0% |
| Tax adjustments and reversals of tax provisions | 77 | €3,148 | €590 | -€2,558 | -81.2% |
| Profit (loss) for the period | 9904 | €1,835,090 | €1,779,234 | -€55,855 | -3.0% |
| Profit (loss) for the period to be appropriated | 9905 | €1,835,090 | €1,779,234 | -€55,855 | -3.0% |
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 14 October 2026 via checked.be.