WOBEMEC: 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.
WOBEMEC
Largest movements
- Stocks and contracts +€212,063
up €212,063 (+68.5%), from €309,413 to €521,476
- Cash +€163,672
up €163,672 (+64.4%), from €254,277 to €417,949
mainly Net result for the year (+€246,136) and Depreciation (+€117,142)
- Tangible fixed assets -€94,078
down €94,078 (-20.8%), from €452,374 to €358,297
of which Plant, machinery and equipment: -€76,318
- Receivables within one year -€53,912
down €53,912 (-15.1%), from €356,779 to €302,867
of which Trade receivables: -€66,108
- Reserves +€246,136
up €246,136 (+51.7%), from €475,806 to €721,942
of which Distributable reserves: +€246,136
- Debts after one year -€59,363
down €59,363 (-23.3%), from €254,371 to €195,008
- Other debts +€46,754
up €46,754 (+23.6%), from €197,743 to €244,497
- Accrued charges and deferred income -€21,917
down €21,917 (-53.4%), from €41,081 to €19,164
- Tax, wage and social debts +€21,019
up €21,019 (+11.4%), from €184,252 to €205,271
of which Remuneration and social security: +€12,541
- Gross operating margin -€157,361
down €157,361 (-20.5%), from €768,527 to €611,166
- Taxes -€43,210
down €43,210 (-36.2%), from €119,338 to €76,128
- Depreciation +€24,184
up €24,184 (+26.0%), from €92,958 to €117,142
- Staff costs +€23,602
up €23,602 (+19.5%), from €120,810 to €144,412
- Financial charges -€14,955
down €14,955 (-35.8%), from €41,822 to €26,867
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 | €1,377,618 | €1,608,154 | +€230,536 | +16.7% |
| Fixed assets | 21/28 | €452,374 | €358,297 | -€94,078 | -20.8% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €452,374 | €358,297 | -€94,078 | -20.8% |
| Land and buildings | 22 | €173,445 | €165,177 | -€8,268 | -4.8% |
| Plant, machinery and equipment | 23 | €237,884 | €161,566 | -€76,318 | -32.1% |
| Furniture and vehicles | 24 | €41,044 | €31,553 | -€9,491 | -23.1% |
| Current assets | 29/58 | €925,244 | €1,249,858 | +€324,614 | +35.1% |
| Stocks and contracts in progress | 3 | €309,413 | €521,476 | +€212,063 | +68.5% |
| Stocks | 30/36 | €309,413 | €521,476 | +€212,063 | +68.5% |
| Amounts receivable within one year | 40/41 | €356,779 | €302,867 | -€53,912 | -15.1% |
| Trade receivables | 40 | €356,212 | €290,104 | -€66,108 | -18.6% |
| Other amounts receivable | 41 | €568 | €12,764 | +€12,196 | +2,148% |
| Cash at bank and in hand | 54/58 | €254,277 | €417,949 | +€163,672 | +64.4% |
| Deferred charges and accrued income | 490/1 | €4,774 | €7,565 | +€2,791 | +58.5% |
| Total equity and liabilities | 10/49 | €1,377,618 | €1,608,154 | +€230,536 | +16.7% |
| Equity | 10/15 | €494,356 | €740,492 | +€246,136 | +49.8% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €475,806 | €721,942 | +€246,136 | +51.7% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €473,951 | €720,087 | +€246,136 | +51.9% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €883,263 | €867,663 | -€15,600 | -1.8% |
| Amounts payable after more than one year | 17 | €254,371 | €195,008 | -€59,363 | -23.3% |
| Financial debts | 170/4 | €254,371 | €195,008 | -€59,363 | -23.3% |
| Amounts payable within one year | 42/48 | €587,811 | €653,490 | +€65,680 | +11.2% |
| Current portion of amounts payable after more than one year | 42 | €58,448 | €59,363 | +€915 | +1.6% |
| Trade debts | 44 | €147,367 | €144,359 | -€3,008 | -2.0% |
| Suppliers | 440/4 | €147,367 | €144,359 | -€3,008 | -2.0% |
| Taxes, remuneration and social security | 45 | €184,252 | €205,271 | +€21,019 | +11.4% |
| Taxes | 450/3 | €174,863 | €183,340 | +€8,478 | +4.8% |
| Remuneration and social security | 454/9 | €9,389 | €21,931 | +€12,541 | +134% |
| Other amounts payable | 47/48 | €197,743 | €244,497 | +€46,754 | +23.6% |
| Accrued charges and deferred income | 492/3 | €41,081 | €19,164 | -€21,917 | -53.4% |
| Remuneration, social security and pensions | 62 | €120,810 | €144,412 | +€23,602 | +19.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €92,958 | €117,142 | +€24,184 | +26.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €440 | €0 | -€440 | -100% |
| Other operating charges | 640/8 | €13,598 | €4,724 | -€8,874 | -65.3% |
| Gross operating margin | 9900 | €768,527 | €611,166 | -€157,361 | -20.5% |
| Operating profit (loss) | 9901 | €540,721 | €344,888 | -€195,833 | -36.2% |
| Financial income | 75/76B | €7,311 | €4,243 | -€3,068 | -42.0% |
| Recurring financial income | 75 | €7,311 | €4,243 | -€3,068 | -42.0% |
| Financial charges | 65/66B | €41,822 | €26,867 | -€14,955 | -35.8% |
| Recurring financial charges | 65 | €41,822 | €26,867 | -€14,955 | -35.8% |
| Profit (loss) for the period before taxes | 9903 | €506,211 | €322,264 | -€183,946 | -36.3% |
| Income taxes | 67/77 | €119,338 | €76,128 | -€43,210 | -36.2% |
| Profit (loss) for the period | 9904 | €386,873 | €246,136 | -€140,736 | -36.4% |
| Profit (loss) for the period to be appropriated | 9905 | €386,873 | €246,136 | -€140,736 | -36.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.