WISHBONE MARINE: 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.
WISHBONE MARINE
Largest movements
- Current investments +€125,000
new in 2025: €125,000
- Cash -€83,321
down €83,321 (-53.5%), from €155,818 to €72,497
mainly Current investments (-€125,000) and Advances received (-€40,411)
- Tangible fixed assets -€31,261
down €31,261 (-6.5%), from €481,160 to €449,899
of which Land and buildings: -€20,723
- Profit (loss) carried forward +€83,449
no longer reported in 2025 (was -€83,449)
- Advances received -€40,411
no longer reported in 2025 (was €40,411)
- Debts after one year -€21,771
down €21,771 (-7.7%), from €281,878 to €260,106
- Reserves -€11,731
down €11,731 (-4.8%), from €241,897 to €230,165
of which Tax-exempt reserves: -€15,125
- Turnover -€235,867
no longer reported in 2025 (was €235,867)
- Purchases and services -€110,698
no longer reported in 2025 (was €110,698)
- Taxes +€14,232
up €14,232 (+138%), from €10,341 to €24,573
- Gross operating margin +€13,544
up €13,544 (+10.7%), from €127,158 to €140,702
- Financial income +€3,168
up €3,168 (+228%), from €1,389 to €4,558
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 | €720,254 | €724,115 | +€3,861 | +0.5% |
| Fixed assets | 21/28 | €481,203 | €449,942 | -€31,261 | -6.5% |
| Tangible fixed assets | 22/27 | €481,160 | €449,899 | -€31,261 | -6.5% |
| Land and buildings | 22 | €427,765 | €407,042 | -€20,723 | -4.8% |
| Plant, machinery and equipment | 23 | - | €1,330 | +€1,330 | |
| Furniture and vehicles | 24 | €53,395 | €39,089 | -€14,306 | -26.8% |
| Other tangible fixed assets | 26 | - | €2,438 | +€2,438 | |
| Financial fixed assets | 28 | €43 | €43 | = | 0.0% |
| Current assets | 29/58 | €239,051 | €274,173 | +€35,122 | +14.7% |
| Amounts receivable after more than one year | 29 | €20,665 | €20,322 | -€343 | -1.7% |
| Other amounts receivable | 291 | €20,665 | €20,322 | -€343 | -1.7% |
| Amounts receivable within one year | 40/41 | €62,077 | €55,835 | -€6,241 | -10.1% |
| Trade receivables | 40 | €58,676 | €38,843 | -€19,833 | -33.8% |
| Other amounts receivable | 41 | €3,401 | €16,993 | +€13,592 | +400% |
| Current investments | 50/53 | - | €125,000 | +€125,000 | |
| Cash at bank and in hand | 54/58 | €155,818 | €72,497 | -€83,321 | -53.5% |
| Deferred charges and accrued income | 490/1 | €491 | €519 | +€28 | +5.7% |
| Total equity and liabilities | 10/49 | €720,254 | €724,115 | +€3,861 | +0.5% |
| Equity | 10/15 | €293,448 | €365,165 | +€71,718 | +24.4% |
| Contributions | 10/11 | €135,000 | €135,000 | = | 0.0% |
| Capital | 10 | €135,000 | €135,000 | = | 0.0% |
| Issued capital | 100 | €135,000 | €135,000 | = | 0.0% |
| Reserves | 13 | €241,897 | €230,165 | -€11,731 | -4.8% |
| Non-distributable reserves | 130/1 | €13,500 | €13,500 | = | 0.0% |
| Legal reserve | 130 | €13,500 | €13,500 | = | 0.0% |
| Tax-exempt reserves | 132 | €228,397 | €213,272 | -€15,125 | -6.6% |
| Distributable reserves | 133 | - | €3,393 | +€3,393 | |
| Profit (loss) carried forward | 14 | -€83,449 | - | +€83,449 | |
| Provisions and deferred taxes | 16 | €57,099 | €53,318 | -€3,781 | -6.6% |
| Deferred taxes | 168 | €57,099 | €53,318 | -€3,781 | -6.6% |
| Amounts payable | 17/49 | €369,707 | €305,632 | -€64,075 | -17.3% |
| Amounts payable after more than one year | 17 | €281,878 | €260,106 | -€21,771 | -7.7% |
| Financial debts | 170/4 | €281,878 | €260,106 | -€21,771 | -7.7% |
| Amounts payable within one year | 42/48 | €85,430 | €44,536 | -€40,894 | -47.9% |
| Current portion of amounts payable after more than one year | 42 | €21,389 | €21,771 | +€383 | +1.8% |
| Trade debts | 44 | €6,084 | €7,494 | +€1,411 | +23.2% |
| Suppliers | 440/4 | €6,084 | €7,494 | +€1,411 | +23.2% |
| Advances received on contracts in progress | 46 | €40,411 | - | -€40,411 | |
| Taxes, remuneration and social security | 45 | €15,810 | €10,303 | -€5,507 | -34.8% |
| Taxes | 450/3 | €15,810 | €10,303 | -€5,507 | -34.8% |
| Other amounts payable | 47/48 | €1,736 | €4,967 | +€3,230 | +186% |
| Accrued charges and deferred income | 492/3 | €2,400 | €990 | -€1,410 | -58.8% |
| Turnover | 70 | €235,867 | - | -€235,867 | |
| Goods, raw materials, services and sundry goods | 60/61 | €110,698 | - | -€110,698 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €45,569 | €45,771 | +€202 | +0.4% |
| Other operating charges | 640/8 | €1,055 | €1,556 | +€502 | +47.6% |
| Gross operating margin | 9900 | €127,158 | €140,702 | +€13,544 | +10.7% |
| Operating profit (loss) | 9901 | €80,534 | €93,375 | +€12,840 | +15.9% |
| Financial income | 75/76B | €1,389 | €4,558 | +€3,168 | +228% |
| Recurring financial income | 75 | €1,389 | €4,558 | +€3,168 | +228% |
| Financial charges | 65/66B | €5,812 | €5,423 | -€389 | -6.7% |
| Recurring financial charges | 65 | €5,812 | €5,423 | -€389 | -6.7% |
| Profit (loss) for the period before taxes | 9903 | €76,112 | €92,510 | +€16,398 | +21.5% |
| Transfer from deferred taxes | 780 | €3,781 | €3,781 | = | 0.0% |
| Income taxes | 67/77 | €10,341 | €24,573 | +€14,232 | +138% |
| Profit (loss) for the period | 9904 | €69,551 | €71,718 | +€2,166 | +3.1% |
| Transfer from tax-exempt reserves | 789 | €15,125 | €15,125 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €84,676 | €86,842 | +€2,166 | +2.6% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.