WIBEN: 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.
WIBEN
Largest movements
- Tangible fixed assets +€146,260
up €146,260 (+84.2%), from €173,775 to €320,034
of which Land and buildings: +€192,357
- Cash +€108,411
up €108,411 (+52,161%), from €208 to €108,619
mainly Debts after one year (+€218,121) and Net result for the year (+€66,351)
- Receivables within one year -€15,697
no longer reported in 2025 (was €15,697)
of which Trade receivables: -€8,168
- Deferred charges and accrued income -€4,454
no longer reported in 2025 (was €4,454)
- Debts after one year +€218,121
up €218,121 (+420%), from €51,916 to €270,037
of which Financial debts: +€170,121
- Profit (loss) carried forward +€66,351
up €66,351 (+33.5%), from -€198,148 to -€131,797
- Tax, wage and social debts -€44,761
down €44,761 (-84.0%), from €53,289 to €8,528
- Other debts +€28,450
up €28,450 (+25.6%), from €111,329 to €139,780
- Trade debts -€27,423
down €27,423 (-77.3%), from €35,476 to €8,053
- Gross operating margin +€123,446
up €123,446 (+230%), from €53,754 to €177,200
- Write-downs -€104,050
no longer reported in 2025 (was €104,050)
- Other operating charges +€47,590
up €47,590 (+4,728%), from €1,007 to €48,597
- Depreciation +€11,511
up €11,511 (+27.0%), from €42,697 to €54,208
- Financial income +€10,301
up €10,301 (+1,368%), from €753 to €11,054
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 | €194,134 | €428,653 | +€234,520 | +121% |
| Fixed assets | 21/28 | €173,775 | €320,034 | +€146,260 | +84.2% |
| Tangible fixed assets | 22/27 | €173,775 | €320,034 | +€146,260 | +84.2% |
| Land and buildings | 22 | €2,816 | €195,173 | +€192,357 | +6,831% |
| Plant, machinery and equipment | 23 | €170,959 | €124,861 | -€46,098 | -27.0% |
| Current assets | 29/58 | €20,359 | €108,619 | +€88,260 | +434% |
| Amounts receivable within one year | 40/41 | €15,697 | - | -€15,697 | |
| Trade receivables | 40 | €8,168 | - | -€8,168 | |
| Other amounts receivable | 41 | €7,530 | - | -€7,530 | |
| Cash at bank and in hand | 54/58 | €208 | €108,619 | +€108,411 | +52,161% |
| Deferred charges and accrued income | 490/1 | €4,454 | - | -€4,454 | |
| Total equity and liabilities | 10/49 | €194,134 | €428,653 | +€234,520 | +121% |
| Equity | 10/15 | -€74,246 | -€7,896 | +€66,351 | +89.4% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €61,902 | €61,902 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €55,702 | €55,702 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€198,148 | -€131,797 | +€66,351 | +33.5% |
| Amounts payable | 17/49 | €268,380 | €436,549 | +€168,169 | +62.7% |
| Amounts payable after more than one year | 17 | €51,916 | €270,037 | +€218,121 | +420% |
| Financial debts | 170/4 | €51,916 | €222,037 | +€170,121 | +328% |
| Other amounts payable | 178/9 | - | €48,000 | +€48,000 | |
| Amounts payable within one year | 42/48 | €209,714 | €166,512 | -€43,202 | -20.6% |
| Current portion of amounts payable after more than one year | 42 | €9,620 | €10,151 | +€532 | +5.5% |
| Trade debts | 44 | €35,476 | €8,053 | -€27,423 | -77.3% |
| Suppliers | 440/4 | €35,476 | €8,053 | -€27,423 | -77.3% |
| Taxes, remuneration and social security | 45 | €53,289 | €8,528 | -€44,761 | -84.0% |
| Taxes | 450/3 | €53,289 | €8,528 | -€44,761 | -84.0% |
| Other amounts payable | 47/48 | €111,329 | €139,780 | +€28,450 | +25.6% |
| Accrued charges and deferred income | 492/3 | €6,750 | - | -€6,750 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,697 | €54,208 | +€11,511 | +27.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €104,050 | - | -€104,050 | |
| Other operating charges | 640/8 | €1,007 | €48,597 | +€47,590 | +4,728% |
| Gross operating margin | 9900 | €53,754 | €177,200 | +€123,446 | +230% |
| Operating profit (loss) | 9901 | -€94,000 | €74,395 | +€168,395 | |
| Financial income | 75/76B | €753 | €11,054 | +€10,301 | +1,368% |
| Recurring financial income | 75 | €753 | €11,054 | +€10,301 | +1,368% |
| Financial charges | 65/66B | €18,771 | €19,098 | +€327 | +1.7% |
| Recurring financial charges | 65 | €18,771 | €19,098 | +€327 | +1.7% |
| Profit (loss) for the period before taxes | 9903 | -€112,018 | €66,351 | +€178,368 | |
| Profit (loss) for the period | 9904 | -€112,018 | €66,351 | +€178,368 | |
| Profit (loss) for the period to be appropriated | 9905 | -€112,018 | €66,351 | +€178,368 |
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 13 October 2026 via checked.be.