Brecht Wyns: 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.
Brecht Wyns
Largest movements
- Cash +€51,837
up €51,837 (+80.3%), from €64,538 to €116,375
mainly Net result for the year (+€53,219) and Receivables within one year (+€4,006)
- Receivables within one year -€4,006
down €4,006 (-21.9%), from €18,296 to €14,291
of which Trade receivables: -€4,580
- Profit (loss) carried forward +€53,219
new in 2025: €53,219
- Tax, wage and social debts -€4,380
down €4,380 (-29.9%), from €14,670 to €10,290
- Trade debts -€1,956
down €1,956 (-59.2%), from €3,302 to €1,347
- Accrued charges and deferred income +€1,800
new in 2025: €1,800
- Gross operating margin +€41,296
up €41,296 (+145.0%), from €28,485 to €69,780
- Taxes +€8,663
up €8,663 (+160.8%), from €5,388 to €14,051
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.
Cash bridge derived
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 | €86,545 | €135,545 | +€49,001 | +56.6% |
| Fixed assets | 21/28 | €3,710 | €4,880 | +€1,170 | +31.5% |
| Tangible fixed assets | 22/27 | €3,710 | €4,880 | +€1,170 | +31.5% |
| Plant, machinery and equipment | 23 | €290 | €158 | -€131 | -45.3% |
| Furniture and vehicles | 24 | €3,421 | €4,721 | +€1,301 | +38.0% |
| Current assets | 29/58 | €82,834 | €130,666 | +€47,831 | +57.7% |
| Amounts receivable within one year | 40/41 | €18,296 | €14,291 | -€4,006 | -21.9% |
| Trade receivables | 40 | €18,284 | €13,704 | -€4,580 | -25.0% |
| Other amounts receivable | 41 | €12 | €586 | +€574 | +4829.0% |
| Cash at bank and in hand | 54/58 | €64,538 | €116,375 | +€51,837 | +80.3% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €86,545 | €135,545 | +€49,001 | +56.6% |
| Equity | 10/15 | €68,228 | €121,447 | +€53,219 | +78.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €65,228 | €65,228 | = | 0.0% |
| Distributable reserves | 133 | €65,228 | €65,228 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €53,219 | +€53,219 | |
| Amounts payable | 17/49 | €18,316 | €14,098 | -€4,218 | -23.0% |
| Amounts payable within one year | 42/48 | €18,316 | €12,298 | -€6,018 | -32.9% |
| Trade debts | 44 | €3,302 | €1,347 | -€1,956 | -59.2% |
| Suppliers | 440/4 | €3,302 | €1,347 | -€1,956 | -59.2% |
| Taxes, remuneration and social security | 45 | €14,670 | €10,290 | -€4,380 | -29.9% |
| Taxes | 450/3 | €14,670 | €10,290 | -€4,380 | -29.9% |
| Other amounts payable | 47/48 | €344 | €662 | +€318 | +92.3% |
| Accrued charges and deferred income | 492/3 | - | €1,800 | +€1,800 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,616 | €1,754 | +€139 | +8.6% |
| Other operating charges | 640/8 | €279 | €77 | -€201 | -72.3% |
| Gross operating margin | 9900 | €28,485 | €69,780 | +€41,296 | +145.0% |
| Operating profit (loss) | 9901 | €26,590 | €67,949 | +€41,359 | +155.5% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100.0% |
| Financial charges | 65/66B | €1,254 | €679 | -€575 | -45.8% |
| Recurring financial charges | 65 | €1,254 | €679 | -€575 | -45.8% |
| Profit (loss) for the period before taxes | 9903 | €25,336 | €67,270 | +€41,933 | +165.5% |
| Income taxes | 67/77 | €5,388 | €14,051 | +€8,663 | +160.8% |
| Profit (loss) for the period | 9904 | €19,949 | €53,219 | +€33,271 | +166.8% |
| Profit (loss) for the period to be appropriated | 9905 | €19,949 | €53,219 | +€33,271 | +166.8% |
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 12 October 2026 via checked.be.