BUREAU WIDY: 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.
BUREAU WIDY
Largest movements
- Receivables within one year -€6,368
down €6,368 (-44.0%), from €14,487 to €8,119
of which Trade receivables: -€5,446
- Stocks and contracts -€2,544
down €2,544 (-92.0%), from €2,765 to €221
- Deferred charges and accrued income -€2,343
no longer reported in 2025 (was €2,343)
- Cash +€1,494
up €1,494 (+122%), from €1,221 to €2,715
mainly Other debts (+€28,019) and Depreciation (+€11,528)
- Other debts +€28,019
up €28,019 (+22.6%), from €123,985 to €152,004
- Profit (loss) carried forward -€18,820
down €18,820 (-16.5%), from -€114,308 to -€133,128
- Debts after one year -€11,123
down €11,123 (-70.3%), from €15,823 to €4,700
- Trade debts -€8,715
down €8,715 (-93.8%), from €9,294 to €579
- Contributions +€1,859
up €1,859 (+10.0%), from €18,592 to €20,451
- Gross operating margin -€3,939
down €3,939 (-175%), from -€2,248 to -€6,187
- Depreciation +€3,315
up €3,315 (+40.4%), from €8,213 to €11,528
- Financial charges -€432
down €432 (-39.6%), from €1,091 to €659
- Other operating charges +€297
up €297 (+199%), from €149 to €446
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 | €66,147 | €55,857 | -€10,290 | -15.6% |
| Formation expenses | 20 | €986 | €740 | -€246 | -24.9% |
| Fixed assets | 21/28 | €44,345 | €44,062 | -€283 | -0.6% |
| Tangible fixed assets | 22/27 | €44,345 | €44,062 | -€283 | -0.6% |
| Plant, machinery and equipment | 23 | €44,345 | €35,812 | -€8,533 | -19.2% |
| Furniture and vehicles | 24 | - | €8,250 | +€8,250 | |
| Current assets | 29/58 | €20,816 | €11,055 | -€9,761 | -46.9% |
| Stocks and contracts in progress | 3 | €2,765 | €221 | -€2,544 | -92.0% |
| Stocks | 30/36 | €2,765 | €221 | -€2,544 | -92.0% |
| Amounts receivable within one year | 40/41 | €14,487 | €8,119 | -€6,368 | -44.0% |
| Trade receivables | 40 | €13,565 | €8,119 | -€5,446 | -40.1% |
| Other amounts receivable | 41 | €922 | - | -€922 | |
| Cash at bank and in hand | 54/58 | €1,221 | €2,715 | +€1,494 | +122% |
| Deferred charges and accrued income | 490/1 | €2,343 | - | -€2,343 | |
| Total equity and liabilities | 10/49 | €66,147 | €55,857 | -€10,290 | -15.6% |
| Equity | 10/15 | -€93,857 | -€112,677 | -€18,820 | -20.1% |
| Contributions | 10/11 | €18,592 | €20,451 | +€1,859 | +10.0% |
| Capital | 10 | €18,592 | - | -€18,592 | |
| Issued capital | 100 | €18,592 | - | -€18,592 | |
| Reserves | 13 | €1,859 | - | -€1,859 | |
| Non-distributable reserves | 130/1 | €1,859 | - | -€1,859 | |
| Legal reserve | 130 | €1,859 | - | -€1,859 | |
| Profit (loss) carried forward | 14 | -€114,308 | -€133,128 | -€18,820 | -16.5% |
| Amounts payable | 17/49 | €160,004 | €168,534 | +€8,530 | +5.3% |
| Amounts payable after more than one year | 17 | €15,823 | €4,700 | -€11,123 | -70.3% |
| Financial debts | 170/4 | €15,823 | €4,700 | -€11,123 | -70.3% |
| Amounts payable within one year | 42/48 | €144,181 | €163,834 | +€19,653 | +13.6% |
| Current portion of amounts payable after more than one year | 42 | €10,902 | €11,123 | +€221 | +2.0% |
| Trade debts | 44 | €9,294 | €579 | -€8,715 | -93.8% |
| Suppliers | 440/4 | €9,294 | €579 | -€8,715 | -93.8% |
| Taxes, remuneration and social security | 45 | - | €128 | +€128 | |
| Taxes | 450/3 | - | €128 | +€128 | |
| Other amounts payable | 47/48 | €123,985 | €152,004 | +€28,019 | +22.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,213 | €11,528 | +€3,315 | +40.4% |
| Other operating charges | 640/8 | €149 | €446 | +€297 | +199% |
| Gross operating margin | 9900 | -€2,248 | -€6,187 | -€3,939 | -175% |
| Operating profit (loss) | 9901 | -€10,610 | -€18,161 | -€7,551 | -71.2% |
| Financial charges | 65/66B | €1,091 | €659 | -€432 | -39.6% |
| Recurring financial charges | 65 | €1,091 | €659 | -€432 | -39.6% |
| Profit (loss) for the period before taxes | 9903 | -€11,701 | -€18,820 | -€7,119 | -60.8% |
| Profit (loss) for the period | 9904 | -€11,701 | -€18,820 | -€7,119 | -60.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,701 | -€18,820 | -€7,119 | -60.8% |
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 18 October 2026 via checked.be.