WEBB: 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.
WEBB
Largest movements
- Cash +€81,611
up €81,611 (+86.0%), from €94,873 to €176,484
mainly Net result for the year (+€121,826) and Depreciation (+€55,297)
- Tangible fixed assets -€50,910
down €50,910 (-10.4%), from €491,559 to €440,649
of which Furniture and vehicles: -€29,044
- Deferred charges and accrued income -€8,882
down €8,882 (-67.8%), from €13,105 to €4,223
- Reserves +€58,946
up €58,946 (+17.8%), from €331,594 to €390,540
of which Distributable reserves: +€46,316
- Debts after one year -€52,200
down €52,200 (-23.8%), from €219,057 to €166,858
- Profit (loss) carried forward +€9,196
up €9,196 (+30.4%), from €30,225 to €39,421
- Gross operating margin +€120,497
up €120,497 (+63.4%), from €189,965 to €310,462
- Staff costs +€41,142
up €41,142 (+118.7%), from €34,657 to €75,799
- Taxes +€28,086
up €28,086 (+122.1%), from €22,999 to €51,085
- Financial income -€15,086
down €15,086 (-87.4%), from €17,267 to €2,181
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 | €772,436 | €788,605 | +€16,169 | +2.1% |
| Fixed assets | 21/28 | €491,559 | €440,649 | -€50,910 | -10.4% |
| Tangible fixed assets | 22/27 | €491,559 | €440,649 | -€50,910 | -10.4% |
| Land and buildings | 22 | €367,247 | €351,129 | -€16,118 | -4.4% |
| Plant, machinery and equipment | 23 | €26,923 | €21,176 | -€5,748 | -21.3% |
| Furniture and vehicles | 24 | €97,389 | €68,344 | -€29,044 | -29.8% |
| Current assets | 29/58 | €280,877 | €347,956 | +€67,079 | +23.9% |
| Stocks and contracts in progress | 3 | €42,271 | €43,894 | +€1,623 | +3.8% |
| Stocks | 30/36 | €42,271 | €43,894 | +€1,623 | +3.8% |
| Amounts receivable within one year | 40/41 | €30,629 | €23,355 | -€7,274 | -23.7% |
| Trade receivables | 40 | €24,306 | €19,320 | -€4,986 | -20.5% |
| Other amounts receivable | 41 | €6,324 | €4,036 | -€2,288 | -36.2% |
| Current investments | 50/53 | €100,000 | €100,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €94,873 | €176,484 | +€81,611 | +86.0% |
| Deferred charges and accrued income | 490/1 | €13,105 | €4,223 | -€8,882 | -67.8% |
| Total equity and liabilities | 10/49 | €772,436 | €788,605 | +€16,169 | +2.1% |
| Equity | 10/15 | €380,419 | €448,561 | +€68,142 | +17.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €331,594 | €390,540 | +€58,946 | +17.8% |
| Tax-exempt reserves | 132 | €54,730 | €67,360 | +€12,630 | +23.1% |
| Distributable reserves | 133 | €276,864 | €323,180 | +€46,316 | +16.7% |
| Profit (loss) carried forward | 14 | €30,225 | €39,421 | +€9,196 | +30.4% |
| Amounts payable | 17/49 | €392,017 | €340,044 | -€51,973 | -13.3% |
| Amounts payable after more than one year | 17 | €219,057 | €166,858 | -€52,200 | -23.8% |
| Financial debts | 170/4 | €219,057 | €166,858 | -€52,200 | -23.8% |
| Amounts payable within one year | 42/48 | €172,960 | €173,186 | +€227 | +0.1% |
| Current portion of amounts payable after more than one year | 42 | €51,332 | €52,200 | +€868 | +1.7% |
| Trade debts | 44 | €5,337 | €1,735 | -€3,602 | -67.5% |
| Suppliers | 440/4 | €5,337 | €1,735 | -€3,602 | -67.5% |
| Taxes, remuneration and social security | 45 | €1,749 | €6,584 | +€4,836 | +276.5% |
| Taxes | 450/3 | €1,252 | €2,992 | +€1,741 | +139.1% |
| Remuneration and social security | 454/9 | €497 | €3,592 | +€3,095 | +622.7% |
| Other amounts payable | 47/48 | €114,542 | €112,668 | -€1,875 | -1.6% |
| Remuneration, social security and pensions | 62 | €34,657 | €75,799 | +€41,142 | +118.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €55,262 | €55,297 | +€35 | +0.1% |
| Other operating charges | 640/8 | €3,745 | €3,992 | +€247 | +6.6% |
| Gross operating margin | 9900 | €189,965 | €310,462 | +€120,497 | +63.4% |
| Operating profit (loss) | 9901 | €96,301 | €175,374 | +€79,073 | +82.1% |
| Financial income | 75/76B | €17,267 | €2,181 | -€15,086 | -87.4% |
| Recurring financial income | 75 | €17,267 | €2,181 | -€15,086 | -87.4% |
| Financial charges | 65/66B | €5,840 | €4,644 | -€1,196 | -20.5% |
| Recurring financial charges | 65 | €5,840 | €4,644 | -€1,196 | -20.5% |
| Profit (loss) for the period before taxes | 9903 | €107,728 | €172,911 | +€65,183 | +60.5% |
| Income taxes | 67/77 | €22,999 | €51,085 | +€28,086 | +122.1% |
| Profit (loss) for the period | 9904 | €84,729 | €121,826 | +€37,097 | +43.8% |
| Transfer to tax-exempt reserves | 689 | €54,730 | €12,630 | -€42,100 | -76.9% |
| Profit (loss) for the period to be appropriated | 9905 | €29,999 | €109,196 | +€79,197 | +264.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.