WILBERT: what changed
Two fiscal 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.
WILBERT
Largest movements
- Cash -€527,056
down €527,056 (-33.5%), from €1.6m to €1.0m
mainly Investment in fixed assets (net) (-€489,834) and Receivables within one year (-€416,662)
- Receivables within one year +€416,662
up €416,662 (+78.5%), from €531,042 to €947,703
- Tangible fixed assets +€275,649
up €275,649 (+38.7%), from €712,732 to €988,381
of which Plant, machinery and equipment: +€277,281
- Stocks and contracts +€101,089
up €101,089 (+9.7%), from €1.0m to €1.1m
- Reserves +€477,268
up €477,268 (+103.8%), from €459,811 to €937,078
of which Distributable reserves: +€477,268
- Debts after one year -€399,996
down €399,996 (-85.7%), from €466,702 to €66,706
- Trade debts +€215,676
up €215,676 (+12.8%), from €1.7m to €1.9m
- Turnover -€23.6m
no longer reported in 2025 (was €23.6m)
- Goods and materials -€19.7m
no longer reported in 2025 (was €19.7m)
of which Purchases: -€19.8m
- Services and other goods -€2.8m
no longer reported in 2025 (was €2.8m)
- Gross operating margin +€2.2m
new in 2025: €2.2m
- Other operating income -€723,327
no longer reported in 2025 (was €723,327)
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 | €3,859,459 | €4,125,802 | +€266,343 | +6.9% |
| Fixed assets | 21/28 | €712,732 | €988,381 | +€275,649 | +38.7% |
| Tangible fixed assets | 22/27 | €712,732 | €988,381 | +€275,649 | +38.7% |
| Plant, machinery and equipment | 23 | €704,438 | €981,718 | +€277,281 | +39.4% |
| Furniture and vehicles | 24 | €8,295 | €6,663 | -€1,632 | -19.7% |
| Current assets | 29/58 | €3,146,727 | €3,137,421 | -€9,306 | -0.3% |
| Amounts receivable after more than one year | 29 | €2,150 | €2,150 | = | 0.0% |
| Other amounts receivable | 291 | €2,150 | €2,150 | = | 0.0% |
| Stocks and contracts in progress | 3 | €1,038,149 | €1,139,238 | +€101,089 | +9.7% |
| Stocks | 30/36 | €1,038,149 | €1,139,238 | +€101,089 | +9.7% |
| Goods purchased for resale | 34 | €1,038,149 | - | -€1.0m | |
| Amounts receivable within one year | 40/41 | €531,042 | €947,703 | +€416,662 | +78.5% |
| Other amounts receivable | 41 | €531,042 | €947,703 | +€416,662 | +78.5% |
| Cash at bank and in hand | 54/58 | €1,575,387 | €1,048,330 | -€527,056 | -33.5% |
| Total equity and liabilities | 10/49 | €3,859,459 | €4,125,802 | +€266,343 | +6.9% |
| Equity | 10/15 | €1,059,811 | €1,537,078 | +€477,268 | +45.0% |
| Contributions | 10/11 | €600,000 | €600,000 | = | 0.0% |
| Reserves | 13 | €459,811 | €937,078 | +€477,268 | +103.8% |
| Tax-exempt reserves | 132 | €48,301 | €48,301 | = | 0.0% |
| Distributable reserves | 133 | €411,510 | €888,778 | +€477,268 | +116.0% |
| Amounts payable | 17/49 | €2,799,648 | €2,588,723 | -€210,925 | -7.5% |
| Amounts payable after more than one year | 17 | €466,702 | €66,706 | -€399,996 | -85.7% |
| Financial debts | 170/4 | €466,702 | €66,706 | -€399,996 | -85.7% |
| Credit institutions | 173 | €466,702 | - | -€466,702 | |
| Amounts payable within one year | 42/48 | €2,332,946 | €2,522,017 | +€189,071 | +8.1% |
| Current portion of amounts payable after more than one year | 42 | €404,318 | €399,996 | -€4,322 | -1.1% |
| Trade debts | 44 | €1,690,737 | €1,906,413 | +€215,676 | +12.8% |
| Suppliers | 440/4 | €1,690,737 | €1,906,413 | +€215,676 | +12.8% |
| Taxes, remuneration and social security | 45 | €231,102 | €208,819 | -€22,283 | -9.6% |
| Taxes | 450/3 | €50,844 | €208,819 | +€157,975 | +310.7% |
| Remuneration and social security | 454/9 | €180,258 | - | -€180,258 | |
| Other amounts payable | 47/48 | €6,789 | €6,789 | = | 0.0% |
| Operating income | 70/76A | €24,351,111 | - | -€24.4m | |
| Turnover | 70 | €23,627,784 | - | -€23.6m | |
| Other operating income | 74 | €723,327 | - | -€723,327 | |
| Operating charges | 60/66A | €24,089,195 | - | -€24.1m | |
| Goods for resale, raw materials and consumables | 60 | €19,681,277 | - | -€19.7m | |
| Purchases | 600/8 | €19,755,282 | - | -€19.8m | |
| Change in stocks: decrease (increase) | 609 | -€74,005 | - | +€74,005 | |
| Services and other goods | 61 | €2,802,671 | - | -€2.8m | |
| Remuneration, social security and pensions | 62 | €1,268,011 | €1,315,110 | +€47,099 | +3.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €328,561 | €214,186 | -€114,375 | -34.8% |
| Other operating charges | 640/8 | €8,675 | €9,403 | +€728 | +8.4% |
| Gross operating margin | 9900 | - | €2,192,394 | +€2.2m | |
| Operating profit (loss) | 9901 | €261,917 | €653,696 | +€391,779 | +149.6% |
| Financial income | 75/76B | €714 | €423 | -€291 | -40.8% |
| Recurring financial income | 75 | €714 | €221 | -€493 | -69.1% |
| Income from financial fixed assets | 750 | €714 | - | -€714 | |
| Non-recurring financial income | 76B | - | €202 | +€202 | |
| Financial charges | 65/66B | €29,251 | €28,987 | -€264 | -0.9% |
| Recurring financial charges | 65 | €29,186 | €28,987 | -€199 | -0.7% |
| Debt charges | 650 | €29,186 | - | -€29,186 | |
| Non-recurring financial charges | 66B | €65 | - | -€65 | |
| Profit (loss) for the period before taxes | 9903 | €233,380 | €625,132 | +€391,752 | +167.9% |
| Income taxes | 67/77 | €51,564 | €147,864 | +€96,300 | +186.8% |
| Taxes | 670/3 | €51,564 | - | -€51,564 | |
| Profit (loss) for the period | 9904 | €181,816 | €477,268 | +€295,451 | +162.5% |
| Profit (loss) for the period to be appropriated | 9905 | €181,816 | €477,268 | +€295,451 | +162.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 April 2024 and 30 April 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.