Webship e-Fulfilment: 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.
Webship e-Fulfilment
Largest movements
- Cash +€130,449
up €130,449 (+446%), from €29,230 to €159,679
mainly Depreciation (+€121,539) and Debts after one year (+€99,578)
- Tangible fixed assets +€80,819
up €80,819 (+23.5%), from €343,544 to €424,363
of which Plant, machinery and equipment: +€84,212
- Receivables within one year +€47,877
up €47,877 (+37.1%), from €128,907 to €176,784
of which Trade receivables: +€47,289
- Stocks and contracts +€9,895
up €9,895 (+91.6%), from €10,804 to €20,699
- Debts after one year +€99,578
up €99,578 (+117%), from €85,225 to €184,802
- Reserves +€78,329
up €78,329 (+150%), from €52,266 to €130,595
- Current portion of long-term debt +€31,681
up €31,681 (+172%), from €18,459 to €50,140
- Trade debts +€25,201
up €25,201 (+26.8%), from €93,909 to €119,111
- Tax, wage and social debts +€23,818
up €23,818 (+114%), from €20,930 to €44,748
of which Remuneration and social security: +€18,802
- Gross operating margin +€187,598
up €187,598 (+51.1%), from €367,421 to €555,019
- Staff costs +€68,938
up €68,938 (+26.3%), from €261,903 to €330,841
- Depreciation +€29,096
up €29,096 (+31.5%), from €92,443 to €121,539
- Taxes +€14,515
new in 2025: €14,515
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 | €553,211 | €817,641 | +€264,430 | +47.8% |
| Fixed assets | 21/28 | €380,229 | €456,048 | +€75,819 | +19.9% |
| Intangible fixed assets | 21 | €36,685 | €31,685 | -€5,000 | -13.6% |
| Tangible fixed assets | 22/27 | €343,544 | €424,363 | +€80,819 | +23.5% |
| Land and buildings | 22 | €12,253 | €10,964 | -€1,288 | -10.5% |
| Plant, machinery and equipment | 23 | €322,193 | €406,405 | +€84,212 | +26.1% |
| Furniture and vehicles | 24 | €8,711 | €6,747 | -€1,964 | -22.5% |
| Other tangible fixed assets | 26 | €387 | €247 | -€140 | -36.2% |
| Current assets | 29/58 | €172,982 | €361,592 | +€188,610 | +109% |
| Stocks and contracts in progress | 3 | €10,804 | €20,699 | +€9,895 | +91.6% |
| Stocks | 30/36 | €10,804 | €20,699 | +€9,895 | +91.6% |
| Amounts receivable within one year | 40/41 | €128,907 | €176,784 | +€47,877 | +37.1% |
| Trade receivables | 40 | €126,572 | €173,860 | +€47,289 | +37.4% |
| Other amounts receivable | 41 | €2,335 | €2,924 | +€588 | +25.2% |
| Cash at bank and in hand | 54/58 | €29,230 | €159,679 | +€130,449 | +446% |
| Deferred charges and accrued income | 490/1 | €4,041 | €4,430 | +€390 | +9.6% |
| Total equity and liabilities | 10/49 | €553,211 | €817,641 | +€264,430 | +47.8% |
| Equity | 10/15 | €72,266 | €150,595 | +€78,329 | +108% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €52,266 | €130,595 | +€78,329 | +150% |
| Distributable reserves | 133 | €52,266 | €130,595 | +€78,329 | +150% |
| Amounts payable | 17/49 | €480,946 | €667,046 | +€186,101 | +38.7% |
| Amounts payable after more than one year | 17 | €85,225 | €184,802 | +€99,578 | +117% |
| Financial debts | 170/4 | €85,225 | €184,802 | +€99,578 | +117% |
| Amounts payable within one year | 42/48 | €395,721 | €482,244 | +€86,523 | +21.9% |
| Current portion of amounts payable after more than one year | 42 | €18,459 | €50,140 | +€31,681 | +172% |
| Trade debts | 44 | €93,909 | €119,111 | +€25,201 | +26.8% |
| Suppliers | 440/4 | €93,909 | €119,111 | +€25,201 | +26.8% |
| Taxes, remuneration and social security | 45 | €20,930 | €44,748 | +€23,818 | +114% |
| Taxes | 450/3 | €16,054 | €21,070 | +€5,017 | +31.3% |
| Remuneration and social security | 454/9 | €4,876 | €23,678 | +€18,802 | +386% |
| Other amounts payable | 47/48 | €262,423 | €268,245 | +€5,822 | +2.2% |
| Remuneration, social security and pensions | 62 | €261,903 | €330,841 | +€68,938 | +26.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €92,443 | €121,539 | +€29,096 | +31.5% |
| Other operating charges | 640/8 | €986 | €1,002 | +€16 | +1.7% |
| Gross operating margin | 9900 | €367,421 | €555,019 | +€187,598 | +51.1% |
| Operating profit (loss) | 9901 | €12,089 | €101,636 | +€89,547 | +741% |
| Financial income | 75/76B | €390 | €91 | -€299 | -76.7% |
| Recurring financial income | 75 | €390 | €91 | -€299 | -76.7% |
| Financial charges | 65/66B | €7,148 | €8,883 | +€1,735 | +24.3% |
| Recurring financial charges | 65 | €7,148 | €8,883 | +€1,735 | +24.3% |
| Profit (loss) for the period before taxes | 9903 | €5,331 | €92,844 | +€87,513 | +1,641% |
| Income taxes | 67/77 | - | €14,515 | +€14,515 | |
| Profit (loss) for the period | 9904 | €5,331 | €78,329 | +€72,998 | +1,369% |
| Profit (loss) for the period to be appropriated | 9905 | €5,331 | €78,329 | +€72,998 | +1,369% |
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 26 October 2026 via checked.be.