WEBSHAPES: 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.
WEBSHAPES
Largest movements
- Cash +€88,688
up €88,688 (+57.4%), from €154,585 to €243,273
mainly Net result for the year (+€115,810) and Receivables within one year (+€35,128)
- Current investments +€53,190
up €53,190 (+13.5%), from €392,796 to €445,986
- Receivables within one year -€35,128
down €35,128 (-97.7%), from €35,951 to €823
of which Trade receivables: -€33,451
- Tangible fixed assets -€9,739
down €9,739 (-49.1%), from €19,849 to €10,110
of which Furniture and vehicles: -€9,115
- Reserves +€110,000
up €110,000 (+19.7%), from €557,632 to €667,632
of which Distributable reserves: +€111,860
- Other debts -€7,488
no longer reported in 2025 (was €7,488)
- Tax, wage and social debts -€7,207
down €7,207 (-50.7%), from €14,207 to €7,000
- Gross operating margin +€35,481
up €35,481 (+24.8%), from €143,204 to €178,685
- Taxes +€17,207
up €17,207 (+42.0%), from €40,960 to €58,167
- Financial income -€10,308
down €10,308 (-54.8%), from €18,801 to €8,493
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €603,181 | €700,191 | +€97,010 | +16.1% |
| Fixed assets | 21/28 | €19,849 | €10,110 | -€9,739 | -49.1% |
| Tangible fixed assets | 22/27 | €19,849 | €10,110 | -€9,739 | -49.1% |
| Furniture and vehicles | 24 | €18,865 | €9,750 | -€9,115 | -48.3% |
| Other tangible fixed assets | 26 | €984 | €360 | -€625 | -63.5% |
| Current assets | 29/58 | €583,332 | €690,081 | +€106,750 | +18.3% |
| Amounts receivable within one year | 40/41 | €35,951 | €823 | -€35,128 | -97.7% |
| Trade receivables | 40 | €33,451 | - | -€33,451 | |
| Other amounts receivable | 41 | €2,500 | €823 | -€1,677 | -67.1% |
| Current investments | 50/53 | €392,796 | €445,986 | +€53,190 | +13.5% |
| Cash at bank and in hand | 54/58 | €154,585 | €243,273 | +€88,688 | +57.4% |
| Total equity and liabilities | 10/49 | €603,181 | €700,191 | +€97,010 | +16.1% |
| Equity | 10/15 | €565,900 | €681,710 | +€115,810 | +20.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €557,632 | €667,632 | +€110,000 | +19.7% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €555,772 | €667,632 | +€111,860 | +20.1% |
| Profit (loss) carried forward | 14 | €2,068 | €7,879 | +€5,810 | +281% |
| Amounts payable | 17/49 | €37,281 | €18,481 | -€18,800 | -50.4% |
| Amounts payable within one year | 42/48 | €37,281 | €18,481 | -€18,800 | -50.4% |
| Trade debts | 44 | €15,586 | €11,481 | -€4,105 | -26.3% |
| Suppliers | 440/4 | €15,586 | €11,481 | -€4,105 | -26.3% |
| Taxes, remuneration and social security | 45 | €14,207 | €7,000 | -€7,207 | -50.7% |
| Taxes | 450/3 | €14,207 | €7,000 | -€7,207 | -50.7% |
| Other amounts payable | 47/48 | €7,488 | - | -€7,488 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,306 | €12,673 | -€633 | -4.8% |
| Other operating charges | 640/8 | €669 | €365 | -€304 | -45.5% |
| Gross operating margin | 9900 | €143,204 | €178,685 | +€35,481 | +24.8% |
| Operating profit (loss) | 9901 | €129,229 | €165,647 | +€36,418 | +28.2% |
| Financial income | 75/76B | €18,801 | €8,493 | -€10,308 | -54.8% |
| Recurring financial income | 75 | €18,801 | €8,493 | -€10,308 | -54.8% |
| Financial charges | 65/66B | €146 | €163 | +€17 | +11.5% |
| Recurring financial charges | 65 | €146 | €163 | +€17 | +11.5% |
| Profit (loss) for the period before taxes | 9903 | €147,884 | €173,977 | +€26,093 | +17.6% |
| Income taxes | 67/77 | €40,960 | €58,167 | +€17,207 | +42.0% |
| Profit (loss) for the period | 9904 | €106,924 | €115,810 | +€8,886 | +8.3% |
| Profit (loss) for the period to be appropriated | 9905 | €106,924 | €115,810 | +€8,886 | +8.3% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.