BRASPENNING WENDY: 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.
BRASPENNING WENDY
Largest movements
- Cash +€7,310
up €7,310 (+22.4%), from €32,638 to €39,948
mainly Net result for the year (+€45,872) and Other debts (+€13,608)
- Tangible fixed assets -€3,396
down €3,396 (-24.3%), from €13,970 to €10,575
of which Plant, machinery and equipment: -€2,245
- Debts after one year -€22,764
down €22,764 (-15.2%), from €149,728 to €126,963
- Other debts +€13,608
up €13,608 (+489%), from €2,784 to €16,391
- Reserves +€13,441
up €13,441 (+11.8%), from €113,687 to €127,127
- Financial income -€32,125
down €32,125 (-99.4%), from €32,316 to €191
- Gross operating margin +€26,953
up €26,953 (+52.0%), from €51,857 to €78,810
- Taxes +€6,708
up €6,708 (+42.8%), from €15,681 to €22,389
- Financial charges +€3,861
up €3,861 (+136%), from €2,832 to €6,694
- Depreciation -€967
down €967 (-22.2%), from €4,363 to €3,396
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 | €296,322 | €302,327 | +€6,005 | +2.0% |
| Fixed assets | 21/28 | €240,070 | €236,675 | -€3,396 | -1.4% |
| Tangible fixed assets | 22/27 | €13,970 | €10,575 | -€3,396 | -24.3% |
| Land and buildings | 22 | €3,374 | €3,239 | -€135 | -4.0% |
| Plant, machinery and equipment | 23 | €7,962 | €5,717 | -€2,245 | -28.2% |
| Furniture and vehicles | 24 | €416 | - | -€416 | |
| Other tangible fixed assets | 26 | €2,219 | €1,619 | -€600 | -27.0% |
| Financial fixed assets | 28 | €226,100 | €226,100 | = | 0.0% |
| Current assets | 29/58 | €56,252 | €65,653 | +€9,400 | +16.7% |
| Amounts receivable within one year | 40/41 | €23,076 | €25,306 | +€2,230 | +9.7% |
| Trade receivables | 40 | €22,766 | €25,235 | +€2,468 | +10.8% |
| Other amounts receivable | 41 | €309 | €71 | -€239 | -77.2% |
| Cash at bank and in hand | 54/58 | €32,638 | €39,948 | +€7,310 | +22.4% |
| Deferred charges and accrued income | 490/1 | €539 | €399 | -€139 | -25.9% |
| Total equity and liabilities | 10/49 | €296,322 | €302,327 | +€6,005 | +2.0% |
| Equity | 10/15 | €119,887 | €133,327 | +€13,441 | +11.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €113,687 | €127,127 | +€13,441 | +11.8% |
| Distributable reserves | 133 | €113,687 | €127,127 | +€13,441 | +11.8% |
| Amounts payable | 17/49 | €176,436 | €169,000 | -€7,436 | -4.2% |
| Amounts payable after more than one year | 17 | €149,728 | €126,963 | -€22,764 | -15.2% |
| Financial debts | 170/4 | €149,728 | €126,963 | -€22,764 | -15.2% |
| Amounts payable within one year | 42/48 | €26,193 | €42,037 | +€15,844 | +60.5% |
| Current portion of amounts payable after more than one year | 42 | €20,273 | €22,764 | +€2,492 | +12.3% |
| Trade debts | 44 | €539 | €547 | +€8 | +1.5% |
| Suppliers | 440/4 | €539 | €547 | +€8 | +1.5% |
| Taxes, remuneration and social security | 45 | €2,599 | €2,335 | -€264 | -10.2% |
| Taxes | 450/3 | €2,599 | €2,335 | -€264 | -10.2% |
| Other amounts payable | 47/48 | €2,784 | €16,391 | +€13,608 | +489% |
| Accrued charges and deferred income | 492/3 | €515 | - | -€515 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,363 | €3,396 | -€967 | -22.2% |
| Other operating charges | 640/8 | €673 | €651 | -€22 | -3.3% |
| Gross operating margin | 9900 | €51,857 | €78,810 | +€26,953 | +52.0% |
| Operating profit (loss) | 9901 | €46,821 | €74,763 | +€27,942 | +59.7% |
| Financial income | 75/76B | €32,316 | €191 | -€32,125 | -99.4% |
| Recurring financial income | 75 | €32,316 | €191 | -€32,125 | -99.4% |
| Financial charges | 65/66B | €2,832 | €6,694 | +€3,861 | +136% |
| Recurring financial charges | 65 | €2,832 | €6,694 | +€3,861 | +136% |
| Profit (loss) for the period before taxes | 9903 | €76,306 | €68,261 | -€8,044 | -10.5% |
| Income taxes | 67/77 | €15,681 | €22,389 | +€6,708 | +42.8% |
| Profit (loss) for the period | 9904 | €60,625 | €45,872 | -€14,753 | -24.3% |
| Profit (loss) for the period to be appropriated | 9905 | €60,625 | €45,872 | -€14,753 | -24.3% |
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 24 October 2026 via checked.be.