WERYBEL: 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.
WERYBEL
Largest movements
- Tangible fixed assets -€14,199
down €14,199 (-1.4%), from €1.0m to €989,844
of which Land and buildings: -€26,446
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin +€6,289
up €6,289 (+39.5%), from €15,930 to €22,219
- Depreciation +€3,975
up €3,975 (+16.5%), from €24,103 to €28,079
- Other operating charges -€268
down €268 (-6.5%), from €4,130 to €3,863
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 | €1,021,969 | €1,003,169 | -€18,800 | -1.8% |
| Fixed assets | 21/28 | €1,004,043 | €989,844 | -€14,199 | -1.4% |
| Tangible fixed assets | 22/27 | €1,004,043 | €989,844 | -€14,199 | -1.4% |
| Land and buildings | 22 | €1,002,603 | €976,156 | -€26,446 | -2.6% |
| Plant, machinery and equipment | 23 | €1,060 | €4,457 | +€3,397 | +320% |
| Furniture and vehicles | 24 | €380 | - | -€380 | |
| Assets under construction and advance payments | 27 | - | €9,231 | +€9,231 | |
| Current assets | 29/58 | €17,926 | €13,325 | -€4,601 | -25.7% |
| Amounts receivable within one year | 40/41 | - | €66 | +€66 | |
| Trade receivables | 40 | - | €66 | +€66 | |
| Cash at bank and in hand | 54/58 | €17,373 | €12,689 | -€4,684 | -27.0% |
| Deferred charges and accrued income | 490/1 | €553 | €570 | +€18 | +3.2% |
| Total equity and liabilities | 10/49 | €1,021,969 | €1,003,169 | -€18,800 | -1.8% |
| Equity | 10/15 | -€81,676 | -€91,471 | -€9,795 | -12.0% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€101,676 | -€111,471 | -€9,795 | -9.6% |
| Amounts payable | 17/49 | €1,103,645 | €1,094,640 | -€9,005 | -0.8% |
| Amounts payable within one year | 42/48 | €1,103,640 | €1,094,640 | -€9,000 | -0.8% |
| Other amounts payable | 47/48 | €1,103,640 | €1,094,640 | -€9,000 | -0.8% |
| Accrued charges and deferred income | 492/3 | €5 | - | -€5 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,103 | €28,079 | +€3,975 | +16.5% |
| Other operating charges | 640/8 | €4,130 | €3,863 | -€268 | -6.5% |
| Gross operating margin | 9900 | €15,930 | €22,219 | +€6,289 | +39.5% |
| Operating profit (loss) | 9901 | -€12,304 | -€9,723 | +€2,581 | +21.0% |
| Financial charges | 65/66B | €49 | €72 | +€23 | +48.3% |
| Recurring financial charges | 65 | €49 | €72 | +€23 | +48.3% |
| Profit (loss) for the period before taxes | 9903 | -€12,352 | -€9,795 | +€2,557 | +20.7% |
| Profit (loss) for the period | 9904 | -€12,352 | -€9,795 | +€2,557 | +20.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€12,352 | -€9,795 | +€2,557 | +20.7% |
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 27 October 2026 via checked.be.