WEBATREM: 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.
WEBATREM
Largest movements
- Financial fixed assets +€134,230
up €134,230 (+17.1%), from €784,750 to €918,980
- Cash +€129,507
up €129,507 (+988.3%), from €13,104 to €142,611
mainly Net result for the year (+€171,830) and Debts after one year (+€81,500)
- Tangible fixed assets -€37,222
down €37,222 (-11.5%), from €324,507 to €287,285
of which Land and buildings: -€21,216
- Receivables within one year -€19,002
down €19,002 (-9.9%), from €191,233 to €172,231
of which Trade receivables: -€20,978
- Debts after one year +€81,500
up €81,500 (+160.1%), from €50,917 to €132,417
- Tax, wage and social debts +€69,595
up €69,595 (+121.8%), from €57,149 to €126,744
of which Taxes: +€71,945
- Reserves +€49,941
up €49,941 (+5.0%), from €996,560 to €1.0m
- Other debts +€45,488
up €45,488 (+64.7%), from €70,307 to €115,795
- Short-term financial debts -€31,417
down €31,417 (-33.3%), from €94,250 to €62,833
- Gross operating margin +€157,602
up €157,602 (+102.5%), from €153,756 to €311,358
- Taxes +€57,434
up €57,434 (+194.0%), from €29,607 to €87,041
- Depreciation -€17,476
down €17,476 (-26.4%), from €66,077 to €48,600
- Financial charges -€5,419
down €5,419 (-78.6%), from €6,892 to €1,472
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 | €1,318,479 | €1,521,590 | +€203,112 | +15.4% |
| Fixed assets | 21/28 | €1,109,257 | €1,206,265 | +€97,008 | +8.7% |
| Tangible fixed assets | 22/27 | €324,507 | €287,285 | -€37,222 | -11.5% |
| Land and buildings | 22 | €294,964 | €273,748 | -€21,216 | -7.2% |
| Furniture and vehicles | 24 | €29,543 | €13,536 | -€16,007 | -54.2% |
| Financial fixed assets | 28 | €784,750 | €918,980 | +€134,230 | +17.1% |
| Current assets | 29/58 | €209,222 | €315,326 | +€106,104 | +50.7% |
| Amounts receivable within one year | 40/41 | €191,233 | €172,231 | -€19,002 | -9.9% |
| Trade receivables | 40 | €191,233 | €170,255 | -€20,978 | -11.0% |
| Other amounts receivable | 41 | €0 | €1,976 | +€1,976 | |
| Cash at bank and in hand | 54/58 | €13,104 | €142,611 | +€129,507 | +988.3% |
| Deferred charges and accrued income | 490/1 | €4,884 | €483 | -€4,401 | -90.1% |
| Total equity and liabilities | 10/49 | €1,318,479 | €1,521,590 | +€203,112 | +15.4% |
| Equity | 10/15 | €1,015,360 | €1,065,300 | +€49,941 | +4.9% |
| Contributions | 10/11 | €18,800 | €18,800 | = | 0.0% |
| Reserves | 13 | €996,560 | €1,046,500 | +€49,941 | +5.0% |
| Distributable reserves | 133 | €996,560 | €1,046,500 | +€49,941 | +5.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €303,119 | €456,290 | +€153,171 | +50.5% |
| Amounts payable after more than one year | 17 | €50,917 | €132,417 | +€81,500 | +160.1% |
| Financial debts | 170/4 | €50,917 | €132,417 | +€81,500 | +160.1% |
| Amounts payable within one year | 42/48 | €252,202 | €323,873 | +€71,671 | +28.4% |
| Current portion of amounts payable after more than one year | 42 | €18,500 | €18,500 | = | 0.0% |
| Financial debts | 43 | €94,250 | €62,833 | -€31,417 | -33.3% |
| Other loans | 439 | €94,250 | €62,833 | -€31,417 | -33.3% |
| Trade debts | 44 | €11,995 | €0 | -€11,995 | -100.0% |
| Suppliers | 440/4 | €11,995 | €0 | -€11,995 | -100.0% |
| Taxes, remuneration and social security | 45 | €57,149 | €126,744 | +€69,595 | +121.8% |
| Taxes | 450/3 | €51,149 | €123,094 | +€71,945 | +140.7% |
| Remuneration and social security | 454/9 | €6,000 | €3,650 | -€2,350 | -39.2% |
| Other amounts payable | 47/48 | €70,307 | €115,795 | +€45,488 | +64.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €66,077 | €48,600 | -€17,476 | -26.4% |
| Other operating charges | 640/8 | €2,523 | €2,414 | -€109 | -4.3% |
| Gross operating margin | 9900 | €153,756 | €311,358 | +€157,602 | +102.5% |
| Operating profit (loss) | 9901 | €85,156 | €260,343 | +€175,187 | +205.7% |
| Financial income | 75/76B | €12 | €0 | -€12 | -100.0% |
| Recurring financial income | 75 | €12 | €0 | -€12 | -100.0% |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €6,892 | €1,472 | -€5,419 | -78.6% |
| Recurring financial charges | 65 | €6,892 | €1,472 | -€5,419 | -78.6% |
| Profit (loss) for the period before taxes | 9903 | €78,276 | €258,871 | +€180,595 | +230.7% |
| Income taxes | 67/77 | €29,607 | €87,041 | +€57,434 | +194.0% |
| Profit (loss) for the period | 9904 | €48,669 | €171,830 | +€123,160 | +253.1% |
| Profit (loss) for the period to be appropriated | 9905 | €48,669 | €171,830 | +€123,160 | +253.1% |
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 30 September 2026 via checked.be.