WOBBEN: what changed
WOBBEN
Largest movements
- Cash +€120,394
up €120,394 (+439%), from €27,394 to €147,788
mainly Net result for the year (+€154,431) and Tax, wage and social debts (+€57,576)
- Receivables within one year +€16,521
up €16,521 (+15.5%), from €106,334 to €122,856
of which Other amounts receivable: +€13,476
- Tangible fixed assets -€8,403
down €8,403 (-1.6%), from €538,353 to €529,949
of which Land and buildings: -€18,082
- Reserves +€154,431
up €154,431 (+75.8%), from €203,679 to €358,109
of which Distributable reserves: +€154,431
- Other debts -€76,681
down €76,681 (-29.0%), from €264,118 to €187,437
- Tax, wage and social debts +€57,576
up €57,576 (+143%), from €40,184 to €97,760
of which Taxes: +€52,767
- Debts after one year -€16,450
down €16,450 (-18.7%), from €88,073 to €71,623
- Trade debts +€15,969
up €15,969 (+128%), from €12,479 to €28,448
- Gross operating margin +€196,868
up €196,868 (+106%), from €186,377 to €383,245
- Staff costs +€58,401
up €58,401 (+89.0%), from €65,650 to €124,051
- Taxes +€43,799
up €43,799 (+173%), from €25,367 to €69,166
Change in the result, 2024 to 2025
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 2024 and 2025 balance sheets and the 2025 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 | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €672,081 | €803,326 | +€131,245 | +19.5% |
| Fixed assets | 21/28 | €538,353 | €529,949 | -€8,403 | -1.6% |
| Tangible fixed assets | 22/27 | €538,353 | €529,949 | -€8,403 | -1.6% |
| Land and buildings | 22 | €523,086 | €505,004 | -€18,082 | -3.5% |
| Plant, machinery and equipment | 23 | €9,527 | €23,474 | +€13,947 | +146% |
| Furniture and vehicles | 24 | €5,740 | €1,472 | -€4,268 | -74.4% |
| Current assets | 29/58 | €133,729 | €273,377 | +€139,648 | +104% |
| Amounts receivable within one year | 40/41 | €106,334 | €122,856 | +€16,521 | +15.5% |
| Trade receivables | 40 | €102,383 | €105,428 | +€3,045 | +3.0% |
| Other amounts receivable | 41 | €3,952 | €17,427 | +€13,476 | +341% |
| Cash at bank and in hand | 54/58 | €27,394 | €147,788 | +€120,394 | +439% |
| Deferred charges and accrued income | 490/1 | - | €2,733 | +€2,733 | |
| Total equity and liabilities | 10/49 | €672,081 | €803,326 | +€131,245 | +19.5% |
| Equity | 10/15 | €247,177 | €401,608 | +€154,431 | +62.5% |
| Contributions | 10/11 | €27,300 | €27,300 | = | 0.0% |
| Contributions outside capital | 11 | €27,300 | - | -€27,300 | |
| Other | 1109/19 | €27,300 | - | -€27,300 | |
| Reserves | 13 | €203,679 | €358,109 | +€154,431 | +75.8% |
| Non-distributable reserves | 130/1 | €2,730 | €2,730 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,730 | €2,730 | = | 0.0% |
| Tax-exempt reserves | 132 | €12,511 | €12,511 | = | 0.0% |
| Distributable reserves | 133 | €188,438 | €342,868 | +€154,431 | +82.0% |
| Profit (loss) carried forward | 14 | €16,198 | €16,198 | = | 0.0% |
| Amounts payable | 17/49 | €424,905 | €401,718 | -€23,186 | -5.5% |
| Amounts payable after more than one year | 17 | €88,073 | €71,623 | -€16,450 | -18.7% |
| Financial debts | 170/4 | €88,073 | €71,623 | -€16,450 | -18.7% |
| Amounts payable within one year | 42/48 | €336,831 | €330,095 | -€6,736 | -2.0% |
| Current portion of amounts payable after more than one year | 42 | €20,050 | €16,450 | -€3,600 | -18.0% |
| Trade debts | 44 | €12,479 | €28,448 | +€15,969 | +128% |
| Suppliers | 440/4 | €12,479 | €28,448 | +€15,969 | +128% |
| Taxes, remuneration and social security | 45 | €40,184 | €97,760 | +€57,576 | +143% |
| Taxes | 450/3 | €38,553 | €91,320 | +€52,767 | +137% |
| Remuneration and social security | 454/9 | €1,631 | €6,441 | +€4,810 | +295% |
| Other amounts payable | 47/48 | €264,118 | €187,437 | -€76,681 | -29.0% |
| Non-recurring operating income | 76A | €4,998 | - | -€4,998 | |
| Remuneration, social security and pensions | 62 | €65,650 | €124,051 | +€58,401 | +89.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,902 | €30,083 | +€2,181 | +7.8% |
| Other operating charges | 640/8 | €3,924 | €3,578 | -€346 | -8.8% |
| Gross operating margin | 9900 | €186,377 | €383,245 | +€196,868 | +106% |
| Operating profit (loss) | 9901 | €88,902 | €225,534 | +€136,632 | +154% |
| Financial income | 75/76B | €1,093 | €474 | -€619 | -56.6% |
| Recurring financial income | 75 | €1,093 | €474 | -€619 | -56.6% |
| Financial charges | 65/66B | €2,632 | €2,411 | -€220 | -8.4% |
| Recurring financial charges | 65 | €2,632 | €2,411 | -€220 | -8.4% |
| Profit (loss) for the period before taxes | 9903 | €87,363 | €223,597 | +€136,234 | +156% |
| Income taxes | 67/77 | €25,367 | €69,166 | +€43,799 | +173% |
| Profit (loss) for the period | 9904 | €61,996 | €154,431 | +€92,435 | +149% |
| Profit (loss) for the period to be appropriated | 9905 | €61,996 | €154,431 | +€92,435 | +149% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.