Wibeco: 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.
Wibeco
Largest movements
- Stocks and contracts +€334,766
up €334,766 (+3.6%), from €9.2m to €9.5m
- Advances received +€964,350
up €964,350 (+11.7%), from €8.2m to €9.2m
- Other debts -€565,059
down €565,059 (-54.3%), from €1.0m to €474,731
- Financial income -€24,749
down €24,749 (-88.7%), from €27,912 to €3,163
- Gross operating margin -€9,384
down €9,384 (-870%), from -€1,079 to -€10,463
- Provisions -€7,574
new in 2025: -€7,574
- Financial charges -€5,615
down €5,615 (-29.2%), from €19,221 to €13,606
- Other operating charges -€392
down €392 (-25.8%), from €1,519 to €1,126
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 | €9,379,072 | €9,664,370 | +€285,298 | +3.0% |
| Current assets | 29/58 | €9,379,072 | €9,664,370 | +€285,298 | +3.0% |
| Stocks and contracts in progress | 3 | €9,175,164 | €9,509,931 | +€334,766 | +3.6% |
| Contracts in progress | 37 | €9,175,164 | €9,509,931 | +€334,766 | +3.6% |
| Amounts receivable within one year | 40/41 | €12,125 | €21,271 | +€9,147 | +75.4% |
| Trade receivables | 40 | €10,255 | €18,799 | +€8,544 | +83.3% |
| Other amounts receivable | 41 | €1,869 | €2,472 | +€603 | +32.3% |
| Cash at bank and in hand | 54/58 | €191,783 | €133,168 | -€58,615 | -30.6% |
| Total equity and liabilities | 10/49 | €9,379,072 | €9,664,370 | +€285,298 | +3.0% |
| Equity | 10/15 | -€63,731 | -€78,190 | -€14,459 | -22.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€84,191 | -€98,650 | -€14,459 | -17.2% |
| Provisions and deferred taxes | 16 | €7,574 | €0 | -€7,574 | -100% |
| Provisions for liabilities and charges | 160/5 | €7,574 | €0 | -€7,574 | -100% |
| Other liabilities and charges | 164/5 | €7,574 | €0 | -€7,574 | -100% |
| Amounts payable | 17/49 | €9,435,229 | €9,742,560 | +€307,330 | +3.3% |
| Amounts payable within one year | 42/48 | €9,435,229 | €9,742,560 | +€307,330 | +3.3% |
| Trade debts | 44 | €81,802 | €54,600 | -€27,201 | -33.3% |
| Suppliers | 440/4 | €81,802 | €54,600 | -€27,201 | -33.3% |
| Advances received on contracts in progress | 46 | €8,222,960 | €9,187,310 | +€964,350 | +11.7% |
| Taxes, remuneration and social security | 45 | €90,678 | €25,919 | -€64,759 | -71.4% |
| Taxes | 450/3 | €90,678 | €25,919 | -€64,759 | -71.4% |
| Other amounts payable | 47/48 | €1,039,790 | €474,731 | -€565,059 | -54.3% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | -€7,574 | -€7,574 | |
| Other operating charges | 640/8 | €1,519 | €1,126 | -€392 | -25.8% |
| Gross operating margin | 9900 | -€1,079 | -€10,463 | -€9,384 | -870% |
| Operating profit (loss) | 9901 | -€2,597 | -€4,016 | -€1,418 | -54.6% |
| Financial income | 75/76B | €27,912 | €3,163 | -€24,749 | -88.7% |
| Recurring financial income | 75 | €27,912 | €3,163 | -€24,749 | -88.7% |
| Financial charges | 65/66B | €19,221 | €13,606 | -€5,615 | -29.2% |
| Recurring financial charges | 65 | €19,221 | €13,606 | -€5,615 | -29.2% |
| Profit (loss) for the period before taxes | 9903 | €6,094 | -€14,459 | -€20,552 | |
| Profit (loss) for the period | 9904 | €6,094 | -€14,459 | -€20,552 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,094 | -€14,459 | -€20,552 |
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 15 October 2026 via checked.be.