WJB: 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.
WJB
Largest movements
- Receivables within one year +€29,331
up €29,331 (+56.1%), from €52,244 to €81,574
- Cash -€13,785
down €13,785 (-46.7%), from €29,491 to €15,705
mainly Receivables within one year (-€29,331) and Tax, wage and social debts (-€14,415)
- Reserves +€31,203
up €31,203 (+56.7%), from €55,000 to €86,203
- Tax, wage and social debts -€14,415
down €14,415 (-58.7%), from €24,565 to €10,150
- Profit (loss) carried forward -€1,914
no longer reported in 2026 (was €1,914)
- Gross operating margin -€15,939
down €15,939 (-29.4%), from €54,178 to €38,239
- Taxes -€9,990
down €9,990 (-57.5%), from €17,366 to €7,376
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €83,467 | €98,185 | +€14,719 | +17.6% |
| Fixed assets | 21/28 | €1,732 | €906 | -€827 | -47.7% |
| Tangible fixed assets | 22/27 | €1,732 | €906 | -€827 | -47.7% |
| Furniture and vehicles | 24 | €1,732 | €906 | -€827 | -47.7% |
| Current assets | 29/58 | €81,735 | €97,280 | +€15,545 | +19.0% |
| Amounts receivable within one year | 40/41 | €52,244 | €81,574 | +€29,331 | +56.1% |
| Trade receivables | 40 | €52,244 | €81,574 | +€29,331 | +56.1% |
| Cash at bank and in hand | 54/58 | €29,491 | €15,705 | -€13,785 | -46.7% |
| Total equity and liabilities | 10/49 | €83,467 | €98,185 | +€14,719 | +17.6% |
| Equity | 10/15 | €58,414 | €87,703 | +€29,289 | +50.1% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | €55,000 | €86,203 | +€31,203 | +56.7% |
| Distributable reserves | 133 | €55,000 | €86,203 | +€31,203 | +56.7% |
| Profit (loss) carried forward | 14 | €1,914 | - | -€1,914 | |
| Amounts payable | 17/49 | €25,053 | €10,483 | -€14,570 | -58.2% |
| Amounts payable within one year | 42/48 | €25,053 | €10,483 | -€14,570 | -58.2% |
| Trade debts | 44 | €105 | €18 | -€87 | -82.9% |
| Suppliers | 440/4 | €105 | €18 | -€87 | -82.9% |
| Taxes, remuneration and social security | 45 | €24,565 | €10,150 | -€14,415 | -58.7% |
| Taxes | 450/3 | €24,565 | €10,150 | -€14,415 | -58.7% |
| Other amounts payable | 47/48 | €382 | €315 | -€68 | -17.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €747 | €827 | +€79 | +10.6% |
| Other operating charges | 640/8 | €118 | €520 | +€402 | +340.4% |
| Gross operating margin | 9900 | €54,178 | €38,239 | -€15,939 | -29.4% |
| Operating profit (loss) | 9901 | €53,312 | €36,892 | -€16,420 | -30.8% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €102 | €227 | +€125 | +122.4% |
| Recurring financial charges | 65 | €102 | €227 | +€125 | +122.4% |
| Profit (loss) for the period before taxes | 9903 | €53,210 | €36,665 | -€16,545 | -31.1% |
| Income taxes | 67/77 | €17,366 | €7,376 | -€9,990 | -57.5% |
| Profit (loss) for the period | 9904 | €35,844 | €29,289 | -€6,555 | -18.3% |
| Profit (loss) for the period to be appropriated | 9905 | €35,844 | €29,289 | -€6,555 | -18.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.