WEBO HOLDING: 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
WEBO HOLDING
NACE 64.210, Activities of holding companies
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€1.2m
2024 · €3.2m-€2.0m
Equity
€10.8m
2024 · €9.6m+€1.2m
Cash
€46,497
2024 · €138,368-€91,871
Balance sheet total
€12.5m
2024 · €12.0m+€497,327
Largest movements
Assets
- Current investments +€500,000
new in 2025: €500,000
Equity and liabilities
- Reserves +€1.3m
up €1.3m (+27.8%), from €4.5m to €5.8m
- Debts after one year -€788,952
down €788,952 (-51.2%), from €1.5m to €752,662
of which Other amounts payable: -€480,000
Income statement
- Financial income -€2.0m
down €2.0m (-63.1%), from €3.2m to €1.2m
- Gross operating margin +€91,242
up €91,242 (+46.8%), from €194,993 to €286,235
- Taxes +€49,940
up €49,940 (+184%), from €27,172 to €77,112
- Financial charges -€48,737
down €48,737 (-57.1%), from €85,396 to €36,659
- Provisions +€24,800
new in 2025: €24,800
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
€3.2m
Gross operating margin
+€91,242
Staff costs
-€2,105
Depreciation
-€20,769
Provisions
-€24,800
Other operating charges
-€774
Financial income
-€2.0m
Financial charges
+€48,737
Taxes
-€49,940
Result 2025
€1.2m
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
+€1.3m
Investment
-€611,811
Financing
-€776,394
Cash 2024
€138,368
From operations (derived)
+€1.3m
Net result for the year
+€1.2m
Depreciation
+€20,769
Smaller working-capital items
+€1,857
Provisions
+€24,800
Tax, wage and social debts
+€46,267
Investment (derived)
-€611,811
Investment in fixed assets (net)
-€111,811
Current investments
-€500,000
Financing
-€776,394
Debts after one year
-€788,952
Current portion of long-term debt
+€12,558
Cash 2025
€46,497
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €11,960,545 | €12,457,872 | +€497,327 | +4.2% |
| Fixed assets | 21/28 | €11,763,776 | €11,854,818 | +€91,042 | +0.8% |
| Tangible fixed assets | 22/27 | - | €91,042 | +€91,042 | |
| Furniture and vehicles | 24 | - | €91,042 | +€91,042 | |
| Financial fixed assets | 28 | €11,763,776 | €11,763,776 | = | 0.0% |
| Current assets | 29/58 | €196,769 | €603,054 | +€406,285 | +206% |
| Amounts receivable within one year | 40/41 | €57,635 | €55,352 | -€2,283 | -4.0% |
| Trade receivables | 40 | €57,635 | €55,267 | -€2,368 | -4.1% |
| Other amounts receivable | 41 | - | €85 | +€85 | |
| Current investments | 50/53 | - | €500,000 | +€500,000 | |
| Cash at bank and in hand | 54/58 | €138,368 | €46,497 | -€91,871 | -66.4% |
| Deferred charges and accrued income | 490/1 | €766 | €1,205 | +€439 | +57.3% |
| Total equity and liabilities | 10/49 | €11,960,545 | €12,457,872 | +€497,327 | +4.2% |
| Equity | 10/15 | €9,558,508 | €10,761,149 | +€1.2m | +12.6% |
| Contributions | 10/11 | €5,000,000 | €5,000,000 | = | 0.0% |
| Reserves | 13 | €4,500,000 | €5,750,000 | +€1.3m | +27.8% |
| Distributable reserves | 133 | €4,500,000 | €5,750,000 | +€1.3m | +27.8% |
| Profit (loss) carried forward | 14 | €58,508 | €11,149 | -€47,359 | -80.9% |
| Provisions and deferred taxes | 16 | - | €24,800 | +€24,800 | |
| Provisions for liabilities and charges | 160/5 | - | €24,800 | +€24,800 | |
| Other liabilities and charges | 164/5 | - | €24,800 | +€24,800 | |
| Amounts payable | 17/49 | €2,402,037 | €1,671,923 | -€730,114 | -30.4% |
| Amounts payable after more than one year | 17 | €1,541,614 | €752,662 | -€788,952 | -51.2% |
| Financial debts | 170/4 | €713,614 | €404,662 | -€308,952 | -43.3% |
| Other amounts payable | 178/9 | €828,000 | €348,000 | -€480,000 | -58.0% |
| Amounts payable within one year | 42/48 | €860,423 | €919,261 | +€58,838 | +6.8% |
| Current portion of amounts payable after more than one year | 42 | €296,393 | €308,951 | +€12,558 | +4.2% |
| Trade debts | 44 | €544 | €557 | +€13 | +2.4% |
| Suppliers | 440/4 | €544 | €557 | +€13 | +2.4% |
| Taxes, remuneration and social security | 45 | €83,486 | €129,753 | +€46,267 | +55.4% |
| Taxes | 450/3 | €64,862 | €113,047 | +€48,185 | +74.3% |
| Remuneration and social security | 454/9 | €18,624 | €16,706 | -€1,918 | -10.3% |
| Other amounts payable | 47/48 | €480,000 | €480,000 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €100,963 | €103,068 | +€2,105 | +2.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €20,769 | +€20,769 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €24,800 | +€24,800 | |
| Other operating charges | 640/8 | €387 | €1,161 | +€774 | +200% |
| Gross operating margin | 9900 | €194,993 | €286,235 | +€91,242 | +46.8% |
| Operating profit (loss) | 9901 | €93,643 | €136,437 | +€42,794 | +45.7% |
| Financial income | 75/76B | €3,200,853 | €1,179,975 | -€2.0m | -63.1% |
| Recurring financial income | 75 | €3,200,853 | €1,179,975 | -€2.0m | -63.1% |
| Financial charges | 65/66B | €85,396 | €36,659 | -€48,737 | -57.1% |
| Recurring financial charges | 65 | €85,396 | €36,659 | -€48,737 | -57.1% |
| Profit (loss) for the period before taxes | 9903 | €3,209,100 | €1,279,753 | -€1.9m | -60.1% |
| Income taxes | 67/77 | €27,172 | €77,112 | +€49,940 | +184% |
| Profit (loss) for the period | 9904 | €3,181,928 | €1,202,641 | -€2.0m | -62.2% |
| Profit (loss) for the period to be appropriated | 9905 | €3,181,928 | €1,202,641 | -€2.0m | -62.2% |
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 16 October 2026 via checked.be.