WHBNTP: 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.
WHBNTP
Largest movements
- Receivables within one year -€330,876
down €330,876 (-45.3%), from €731,038 to €400,162
of which Other amounts receivable: -€330,876
- Cash -€156,858
down €156,858 (-68.0%), from €230,573 to €73,715
mainly Other debts (-€450,050) and Debts after one year (-€112,023)
- Tangible fixed assets -€36,211
down €36,211 (-24.5%), from €147,691 to €111,480
of which Furniture and vehicles: -€24,559
- Other debts -€450,050
down €450,050 (-92.1%), from €488,537 to €38,487
- Debts after one year -€112,023
down €112,023 (-75.0%), from €149,441 to €37,418
- Tax, wage and social debts -€44,435
down €44,435 (-75.8%), from €58,630 to €14,196
- Trade debts +€41,343
up €41,343 (+270.0%), from €15,311 to €56,654
- Reserves +€31,520
up €31,520 (+4.4%), from €717,951 to €749,471
of which Distributable reserves: +€31,520
- Gross operating margin -€144,615
down €144,615 (-63.0%), from €229,491 to €84,876
- Taxes -€42,563
down €42,563 (-66.6%), from €63,906 to €21,343
- Financial income -€14,815
down €14,815 (-50.3%), from €29,472 to €14,657
- Other operating charges -€5,323
down €5,323 (-84.2%), from €6,322 to €998
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 | €1,571,616 | €1,038,477 | -€533,139 | -33.9% |
| Fixed assets | 21/28 | €305,397 | €269,186 | -€36,211 | -11.9% |
| Tangible fixed assets | 22/27 | €147,691 | €111,480 | -€36,211 | -24.5% |
| Land and buildings | 22 | €66,790 | €55,676 | -€11,114 | -16.6% |
| Furniture and vehicles | 24 | €58,682 | €34,124 | -€24,559 | -41.9% |
| Other tangible fixed assets | 26 | €22,219 | €21,680 | -€538 | -2.4% |
| Financial fixed assets | 28 | €157,706 | €157,706 | = | 0.0% |
| Current assets | 29/58 | €1,266,219 | €769,291 | -€496,928 | -39.2% |
| Amounts receivable within one year | 40/41 | €731,038 | €400,162 | -€330,876 | -45.3% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €731,038 | €400,162 | -€330,876 | -45.3% |
| Current investments | 50/53 | €293,298 | €293,298 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €230,573 | €73,715 | -€156,858 | -68.0% |
| Deferred charges and accrued income | 490/1 | €11,310 | €2,116 | -€9,193 | -81.3% |
| Total equity and liabilities | 10/49 | €1,571,616 | €1,038,477 | -€533,139 | -33.9% |
| Equity | 10/15 | €736,551 | €768,071 | +€31,520 | +4.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €717,951 | €749,471 | +€31,520 | +4.4% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €0 | - | = | |
| Distributable reserves | 133 | €717,951 | €749,471 | +€31,520 | +4.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €835,064 | €270,406 | -€564,658 | -67.6% |
| Amounts payable after more than one year | 17 | €149,441 | €37,418 | -€112,023 | -75.0% |
| Financial debts | 170/4 | €149,441 | €37,418 | -€112,023 | -75.0% |
| Amounts payable within one year | 42/48 | €684,123 | €231,488 | -€452,635 | -66.2% |
| Current portion of amounts payable after more than one year | 42 | €121,645 | €112,069 | -€9,576 | -7.9% |
| Financial debts | 43 | - | €10,083 | +€10,083 | |
| Other loans | 439 | - | €10,083 | +€10,083 | |
| Trade debts | 44 | €15,311 | €56,654 | +€41,343 | +270.0% |
| Suppliers | 440/4 | €15,311 | €56,654 | +€41,343 | +270.0% |
| Taxes, remuneration and social security | 45 | €58,630 | €14,196 | -€44,435 | -75.8% |
| Taxes | 450/3 | €58,630 | €14,196 | -€44,435 | -75.8% |
| Other amounts payable | 47/48 | €488,537 | €38,487 | -€450,050 | -92.1% |
| Accrued charges and deferred income | 492/3 | €1,500 | €1,500 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €302 | €403 | +€101 | +33.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €43,823 | €42,952 | -€870 | -2.0% |
| Other operating charges | 640/8 | €6,322 | €998 | -€5,323 | -84.2% |
| Gross operating margin | 9900 | €229,491 | €84,876 | -€144,615 | -63.0% |
| Operating profit (loss) | 9901 | €179,044 | €40,522 | -€138,523 | -77.4% |
| Financial income | 75/76B | €29,472 | €14,657 | -€14,815 | -50.3% |
| Recurring financial income | 75 | €29,472 | €14,657 | -€14,815 | -50.3% |
| Financial charges | 65/66B | €2,695 | €2,316 | -€378 | -14.0% |
| Recurring financial charges | 65 | €2,695 | €2,316 | -€378 | -14.0% |
| Profit (loss) for the period before taxes | 9903 | €205,821 | €52,862 | -€152,959 | -74.3% |
| Income taxes | 67/77 | €63,906 | €21,343 | -€42,563 | -66.6% |
| Profit (loss) for the period | 9904 | €141,916 | €31,520 | -€110,396 | -77.8% |
| Profit (loss) for the period to be appropriated | 9905 | €141,916 | €31,520 | -€110,396 | -77.8% |
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 11 October 2026 via checked.be.