WWW: 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.
WWW
Largest movements
- Intangible fixed assets -€3,641
down €3,641 (-36.5%), from €9,962 to €6,321
- Tangible fixed assets +€3,414
up €3,414 (+6.4%), from €53,150 to €56,564
of which Plant, machinery and equipment: +€15,665
- Cash -€2,114
down €2,114 (-17.9%), from €11,839 to €9,724
mainly Investment in fixed assets (net) (-€29,038) and Debts after one year (-€8,016)
- Receivables within one year +€1,435
up €1,435 (+44.0%), from €3,264 to €4,699
of which Trade receivables: +€1,358
- Debts after one year -€8,016
down €8,016 (-49.1%), from €16,318 to €8,302
- Other debts +€6,919
up €6,919 (+210%), from €3,299 to €10,219
- Profit (loss) carried forward -€1,424
down €1,424 (-18.8%), from -€7,571 to -€8,995
- Current portion of long-term debt +€862
up €862 (+12.1%), from €7,153 to €8,016
- Gross operating margin +€15,440
up €15,440 (+101%), from €15,332 to €30,772
- Depreciation +€8,682
up €8,682 (+42.0%), from €20,683 to €29,365
- Taxes +€1,246
up €1,246 (+557%), from €224 to €1,470
- Financial income +€517
up €517 (+11,586%), from €4 to €521
- Financial charges -€376
down €376 (-20.0%), from €1,883 to €1,507
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 | €81,042 | €79,753 | -€1,289 | -1.6% |
| Fixed assets | 21/28 | €64,362 | €64,035 | -€327 | -0.5% |
| Intangible fixed assets | 21 | €9,962 | €6,321 | -€3,641 | -36.5% |
| Tangible fixed assets | 22/27 | €53,150 | €56,564 | +€3,414 | +6.4% |
| Plant, machinery and equipment | 23 | €9,679 | €25,344 | +€15,665 | +162% |
| Furniture and vehicles | 24 | €43,471 | €29,903 | -€13,568 | -31.2% |
| Other tangible fixed assets | 26 | - | €1,317 | +€1,317 | |
| Financial fixed assets | 28 | €1,250 | €1,150 | -€100 | -8.0% |
| Current assets | 29/58 | €16,680 | €15,718 | -€962 | -5.8% |
| Amounts receivable within one year | 40/41 | €3,264 | €4,699 | +€1,435 | +44.0% |
| Trade receivables | 40 | €3,264 | €4,622 | +€1,358 | +41.6% |
| Other amounts receivable | 41 | - | €77 | +€77 | |
| Cash at bank and in hand | 54/58 | €11,839 | €9,724 | -€2,114 | -17.9% |
| Deferred charges and accrued income | 490/1 | €1,578 | €1,295 | -€283 | -17.9% |
| Total equity and liabilities | 10/49 | €81,042 | €79,753 | -€1,289 | -1.6% |
| Equity | 10/15 | €49,405 | €47,981 | -€1,424 | -2.9% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €52,976 | €52,976 | = | 0.0% |
| Distributable reserves | 133 | €52,976 | €52,976 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€7,571 | -€8,995 | -€1,424 | -18.8% |
| Amounts payable | 17/49 | €31,637 | €31,772 | +€135 | +0.4% |
| Amounts payable after more than one year | 17 | €16,318 | €8,302 | -€8,016 | -49.1% |
| Financial debts | 170/4 | €16,318 | €8,302 | -€8,016 | -49.1% |
| Amounts payable within one year | 42/48 | €15,319 | €23,470 | +€8,151 | +53.2% |
| Current portion of amounts payable after more than one year | 42 | €7,153 | €8,016 | +€862 | +12.1% |
| Trade debts | 44 | €2,213 | €2,166 | -€47 | -2.1% |
| Suppliers | 440/4 | €2,213 | €2,166 | -€47 | -2.1% |
| Advances received on contracts in progress | 46 | €60 | - | -€60 | |
| Taxes, remuneration and social security | 45 | €2,593 | €3,070 | +€477 | +18.4% |
| Taxes | 450/3 | €2,593 | €1,470 | -€1,123 | -43.3% |
| Remuneration and social security | 454/9 | - | €1,600 | +€1,600 | |
| Other amounts payable | 47/48 | €3,299 | €10,219 | +€6,919 | +210% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,683 | €29,365 | +€8,682 | +42.0% |
| Other operating charges | 640/8 | €118 | €375 | +€257 | +218% |
| Gross operating margin | 9900 | €15,332 | €30,772 | +€15,440 | +101% |
| Operating profit (loss) | 9901 | -€5,469 | €1,032 | +€6,501 | |
| Financial income | 75/76B | €4 | €521 | +€517 | +11,586% |
| Recurring financial income | 75 | €4 | €521 | +€517 | +11,586% |
| Financial charges | 65/66B | €1,883 | €1,507 | -€376 | -20.0% |
| Recurring financial charges | 65 | €1,883 | €1,507 | -€376 | -20.0% |
| Profit (loss) for the period before taxes | 9903 | -€7,347 | €46 | +€7,393 | |
| Income taxes | 67/77 | €224 | €1,470 | +€1,246 | +557% |
| Profit (loss) for the period | 9904 | -€7,571 | -€1,424 | +€6,147 | +81.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,571 | -€1,424 | +€6,147 | +81.2% |
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 18 October 2026 via checked.be.