WIBO: 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.
WIBO
Largest movements
- Tangible fixed assets -€91,684
no longer reported in 2024 (was €91,684)
of which Plant, machinery and equipment: -€83,916
- Receivables within one year +€69,815
up €69,815 (+798%), from €8,753 to €78,568
of which Trade receivables: +€49,717
- Receivables after one year -€28,000
no longer reported in 2024 (was €28,000)
- Cash +€14,476
up €14,476 (+232%), from €6,248 to €20,723
mainly Investment in fixed assets (net) (+€91,684) and Net result for the year (+€29,725)
- Stocks and contracts -€11,352
no longer reported in 2024 (was €11,352)
- Trade debts -€35,192
down €35,192 (-75.2%), from €46,792 to €11,600
- Profit (loss) carried forward +€29,725
up €29,725 (+44.0%), from -€67,557 to -€37,832
- Current portion of long-term debt -€19,755
down €19,755 (-75.3%), from €26,250 to €6,495
- Tax, wage and social debts -€14,877
down €14,877 (-94.0%), from €15,835 to €958
of which Taxes: -€11,967
- Debts after one year -€11,120
down €11,120 (-13.6%), from €82,000 to €70,881
- Staff costs -€33,786
down €33,786 (-39.0%), from €86,623 to €52,836
- Gross operating margin +€16,012
up €16,012 (+20.4%), from €78,374 to €94,386
- Other operating charges -€5,548
down €5,548 (-57.9%), from €9,582 to €4,034
- Financial charges +€2,897
up €2,897 (+69.3%), from €4,180 to €7,077
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €150,526 | €103,306 | -€47,219 | -31.4% |
| Fixed assets | 21/28 | €95,699 | €4,015 | -€91,684 | -95.8% |
| Tangible fixed assets | 22/27 | €91,684 | - | -€91,684 | |
| Plant, machinery and equipment | 23 | €83,916 | - | -€83,916 | |
| Furniture and vehicles | 24 | €7,768 | - | -€7,768 | |
| Financial fixed assets | 28 | €4,015 | €4,015 | = | 0.0% |
| Current assets | 29/58 | €54,827 | €99,291 | +€44,464 | +81.1% |
| Amounts receivable after more than one year | 29 | €28,000 | - | -€28,000 | |
| Other amounts receivable | 291 | €28,000 | - | -€28,000 | |
| Stocks and contracts in progress | 3 | €11,352 | - | -€11,352 | |
| Stocks | 30/36 | €11,352 | - | -€11,352 | |
| Amounts receivable within one year | 40/41 | €8,753 | €78,568 | +€69,815 | +798% |
| Trade receivables | 40 | €644 | €50,361 | +€49,717 | +7,721% |
| Other amounts receivable | 41 | €8,109 | €28,206 | +€20,097 | +248% |
| Cash at bank and in hand | 54/58 | €6,248 | €20,723 | +€14,476 | +232% |
| Deferred charges and accrued income | 490/1 | €473 | - | -€473 | |
| Total equity and liabilities | 10/49 | €150,526 | €103,306 | -€47,219 | -31.4% |
| Equity | 10/15 | -€21,352 | €8,373 | +€29,725 | |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €27,614 | €27,614 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €15,000 | €15,000 | = | 0.0% |
| Distributable reserves | 133 | €10,754 | €10,754 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€67,557 | -€37,832 | +€29,725 | +44.0% |
| Amounts payable | 17/49 | €171,877 | €94,933 | -€76,944 | -44.8% |
| Amounts payable after more than one year | 17 | €82,000 | €70,881 | -€11,120 | -13.6% |
| Financial debts | 170/4 | €82,000 | €70,881 | -€11,120 | -13.6% |
| Amounts payable within one year | 42/48 | €88,877 | €24,053 | -€64,825 | -72.9% |
| Current portion of amounts payable after more than one year | 42 | €26,250 | €6,495 | -€19,755 | -75.3% |
| Trade debts | 44 | €46,792 | €11,600 | -€35,192 | -75.2% |
| Suppliers | 440/4 | €46,792 | €11,600 | -€35,192 | -75.2% |
| Taxes, remuneration and social security | 45 | €15,835 | €958 | -€14,877 | -94.0% |
| Taxes | 450/3 | €12,214 | €247 | -€11,967 | -98.0% |
| Remuneration and social security | 454/9 | €3,622 | €711 | -€2,911 | -80.4% |
| Other amounts payable | 47/48 | - | €5,000 | +€5,000 | |
| Accrued charges and deferred income | 492/3 | €1,000 | - | -€1,000 | |
| Remuneration, social security and pensions | 62 | €86,623 | €52,836 | -€33,786 | -39.0% |
| Other operating charges | 640/8 | €9,582 | €4,034 | -€5,548 | -57.9% |
| Non-recurring operating charges | 66A | €16,045 | €203 | -€15,843 | -98.7% |
| Gross operating margin | 9900 | €78,374 | €94,386 | +€16,012 | +20.4% |
| Operating profit (loss) | 9901 | -€33,877 | €37,313 | +€71,189 | |
| Financial income | 75/76B | €9 | - | -€9 | |
| Recurring financial income | 75 | €9 | - | -€9 | |
| Financial charges | 65/66B | €4,180 | €7,077 | +€2,897 | +69.3% |
| Recurring financial charges | 65 | €4,180 | €7,077 | +€2,897 | +69.3% |
| Profit (loss) for the period before taxes | 9903 | -€38,048 | €30,235 | +€68,283 | |
| Income taxes | 67/77 | - | €511 | +€511 | |
| Profit (loss) for the period | 9904 | -€38,048 | €29,725 | +€67,773 | |
| Profit (loss) for the period to be appropriated | 9905 | -€38,048 | €29,725 | +€67,773 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.