WITEB 3: what changed
WITEB 3
Largest movements
- Tangible fixed assets +€2.1m
up €2.1m, from €0 to €2.1m
of which Other tangible fixed assets: +€2.1m
- Intangible fixed assets +€784,692
new in 2026: €784,692
- Receivables within one year -€692,213
down €692,213 (-81.5%), from €849,543 to €157,329
of which Trade receivables: -€692,830
- Stocks and contracts +€387,339
up €387,339, from €0 to €387,339
- Short-term financial debts +€3.3m
new in 2026: €3.3m
- Other debts -€706,033
no longer reported in 2026 (was €706,033)
- Profit (loss) carried forward -€372,346
down €372,346 (-3,941%), from -€9,449 to -€381,795
- Trade debts +€311,838
up €311,838 (+10,539%), from €2,959 to €314,797
- Tax, wage and social debts +€48,730
up €48,730, from €0 to €48,730
of which Remuneration and social security: +€48,730
- Gross operating margin -€791,497
down €791,497, from €638,303 to -€153,194
- Other operating charges -€547,850
down €547,850 (-99.6%), from €549,998 to €2,149
- Staff costs +€105,122
up €105,122 (+969%), from €10,850 to €115,972
- Depreciation +€94,438
up €94,438, from €0 to €94,438
- Financial charges -€34,133
down €34,133 (-80.8%), from €42,268 to €8,135
Change in the result, 2025 to 2026
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2025 and 2026 balance sheets and the 2026 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €849,543 | €3,468,373 | +€2.6m | +308% |
| Fixed assets | 21/28 | €0 | €2,893,239 | +€2.9m | |
| Intangible fixed assets | 21 | - | €784,692 | +€784,692 | |
| Tangible fixed assets | 22/27 | €0 | €2,106,328 | +€2.1m | |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €0 | €2,265 | +€2,265 | |
| Other tangible fixed assets | 26 | €0 | €2,104,063 | +€2.1m | |
| Financial fixed assets | 28 | - | €2,220 | +€2,220 | |
| Current assets | 29/58 | €849,543 | €575,134 | -€274,409 | -32.3% |
| Stocks and contracts in progress | 3 | €0 | €387,339 | +€387,339 | |
| Stocks | 30/36 | €0 | €387,339 | +€387,339 | |
| Amounts receivable within one year | 40/41 | €849,543 | €157,329 | -€692,213 | -81.5% |
| Trade receivables | 40 | €848,782 | €155,951 | -€692,830 | -81.6% |
| Other amounts receivable | 41 | €761 | €1,378 | +€617 | +81.1% |
| Cash at bank and in hand | 54/58 | €0 | €28,457 | +€28,457 | |
| Deferred charges and accrued income | 490/1 | €0 | €2,009 | +€2,009 | |
| Total equity and liabilities | 10/49 | €849,543 | €3,468,373 | +€2.6m | +308% |
| Equity | 10/15 | €140,551 | -€231,795 | -€372,346 | |
| Contributions | 10/11 | €150,000 | €150,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,449 | -€381,795 | -€372,346 | -3,941% |
| Amounts payable | 17/49 | €708,992 | €3,700,168 | +€3.0m | +422% |
| Amounts payable within one year | 42/48 | €708,992 | €3,700,168 | +€3.0m | +422% |
| Financial debts | 43 | - | €3,336,641 | +€3.3m | |
| Credit institutions | 430/8 | - | €3,336,641 | +€3.3m | |
| Trade debts | 44 | €2,959 | €314,797 | +€311,838 | +10,539% |
| Suppliers | 440/4 | €2,959 | €314,797 | +€311,838 | +10,539% |
| Taxes, remuneration and social security | 45 | €0 | €48,730 | +€48,730 | |
| Taxes | 450/3 | €0 | - | = | |
| Remuneration and social security | 454/9 | €0 | €48,730 | +€48,730 | |
| Other amounts payable | 47/48 | €706,033 | - | -€706,033 | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €10,850 | €115,972 | +€105,122 | +969% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | €94,438 | +€94,438 | |
| Other operating charges | 640/8 | €549,998 | €2,149 | -€547,850 | -99.6% |
| Gross operating margin | 9900 | €638,303 | -€153,194 | -€791,497 | |
| Operating profit (loss) | 9901 | €77,454 | -€365,753 | -€443,207 | |
| Financial income | 75/76B | €38 | €1,543 | +€1,505 | +4,009% |
| Recurring financial income | 75 | €38 | €1,543 | +€1,505 | +4,009% |
| Financial charges | 65/66B | €42,268 | €8,135 | -€34,133 | -80.8% |
| Recurring financial charges | 65 | €42,268 | €8,135 | -€34,133 | -80.8% |
| Profit (loss) for the period before taxes | 9903 | €35,223 | -€372,346 | -€407,569 | |
| Profit (loss) for the period | 9904 | €35,223 | -€372,346 | -€407,569 | |
| Profit (loss) for the period to be appropriated | 9905 | €35,223 | -€372,346 | -€407,569 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.