Webcollation: 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.
Webcollation
Largest movements
- Receivables within one year -€67,551
down €67,551 (-57.2%), from €118,059 to €50,508
of which Trade receivables: -€65,504
- Tangible fixed assets -€15,144
down €15,144 (-25.3%), from €59,867 to €44,722
of which Plant, machinery and equipment: -€10,000
- Cash -€5,373
down €5,373 (-42.3%), from €12,702 to €7,329
mainly Trade debts (-€57,081) and Short-term financial debts (-€26,528)
- Trade debts -€57,081
down €57,081 (-94.7%), from €60,268 to €3,187
- Short-term financial debts -€26,528
down €26,528 (-65.5%), from €40,528 to €14,000
- Profit (loss) carried forward +€20,190
up €20,190, from -€20,190 to €0
- Reserves -€13,256
down €13,256 (-14.3%), from €92,889 to €79,633
- Tax, wage and social debts -€10,959
down €10,959 (-78.3%), from €13,989 to €3,030
of which Taxes: -€7,392
- Gross operating margin +€33,979
up €33,979, from -€7,009 to €26,970
- Depreciation +€4,973
up €4,973 (+48.9%), from €10,171 to €15,144
- Financial charges +€2,768
up €2,768 (+116.2%), from €2,382 to €5,151
- Financial income +€456
up €456 (+367.9%), from €124 to €581
- Other operating charges -€381
down €381 (-76.0%), from €501 to €120
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 | €191,692 | €102,599 | -€89,093 | -46.5% |
| Fixed assets | 21/28 | €59,867 | €44,722 | -€15,144 | -25.3% |
| Tangible fixed assets | 22/27 | €59,867 | €44,722 | -€15,144 | -25.3% |
| Plant, machinery and equipment | 23 | €44,973 | €34,973 | -€10,000 | -22.2% |
| Furniture and vehicles | 24 | €14,894 | €9,750 | -€5,144 | -34.5% |
| Current assets | 29/58 | €131,825 | €57,877 | -€73,948 | -56.1% |
| Amounts receivable within one year | 40/41 | €118,059 | €50,508 | -€67,551 | -57.2% |
| Trade receivables | 40 | €107,766 | €42,262 | -€65,504 | -60.8% |
| Other amounts receivable | 41 | €10,293 | €8,246 | -€2,047 | -19.9% |
| Cash at bank and in hand | 54/58 | €12,702 | €7,329 | -€5,373 | -42.3% |
| Deferred charges and accrued income | 490/1 | €1,065 | €40 | -€1,024 | -96.2% |
| Total equity and liabilities | 10/49 | €191,692 | €102,599 | -€89,093 | -46.5% |
| Equity | 10/15 | €75,449 | €82,383 | +€6,934 | +9.2% |
| Contributions | 10/11 | €2,750 | €2,750 | = | 0.0% |
| Reserves | 13 | €92,889 | €79,633 | -€13,256 | -14.3% |
| Distributable reserves | 133 | €92,889 | €79,633 | -€13,256 | -14.3% |
| Profit (loss) carried forward | 14 | -€20,190 | €0 | +€20,190 | |
| Amounts payable | 17/49 | €116,243 | €20,216 | -€96,026 | -82.6% |
| Amounts payable within one year | 42/48 | €116,243 | €20,216 | -€96,026 | -82.6% |
| Current portion of amounts payable after more than one year | 42 | €1,458 | €0 | -€1,458 | -100.0% |
| Financial debts | 43 | €40,528 | €14,000 | -€26,528 | -65.5% |
| Credit institutions | 430/8 | €40,528 | €14,000 | -€26,528 | -65.5% |
| Trade debts | 44 | €60,268 | €3,187 | -€57,081 | -94.7% |
| Suppliers | 440/4 | €60,268 | €3,187 | -€57,081 | -94.7% |
| Taxes, remuneration and social security | 45 | €13,989 | €3,030 | -€10,959 | -78.3% |
| Taxes | 450/3 | €10,422 | €3,030 | -€7,392 | -70.9% |
| Remuneration and social security | 454/9 | €3,567 | €0 | -€3,567 | -100.0% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,171 | €15,144 | +€4,973 | +48.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €501 | €120 | -€381 | -76.0% |
| Gross operating margin | 9900 | -€7,009 | €26,970 | +€33,979 | |
| Operating profit (loss) | 9901 | -€17,681 | €11,706 | +€29,387 | |
| Financial income | 75/76B | €124 | €581 | +€456 | +367.9% |
| Recurring financial income | 75 | €124 | €581 | +€456 | +367.9% |
| Financial charges | 65/66B | €2,382 | €5,151 | +€2,768 | +116.2% |
| Recurring financial charges | 65 | €2,382 | €5,151 | +€2,768 | +116.2% |
| Profit (loss) for the period before taxes | 9903 | -€19,939 | €7,135 | +€27,075 | |
| Income taxes | 67/77 | €251 | €202 | -€49 | -19.4% |
| Profit (loss) for the period | 9904 | -€20,190 | €6,934 | +€27,124 | |
| Profit (loss) for the period to be appropriated | 9905 | -€20,190 | €6,934 | +€27,124 |
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 9 October 2026 via checked.be.