CARSTEN WENDT COMMUNICATION TRAINING: what changed
CARSTEN WENDT COMMUNICATION TRAINING
Largest movements
- Cash +€78,549
up €78,549 (+48.1%), from €163,381 to €241,929
mainly Other debts (+€170,000) and Net result for the year (+€52,368)
- Receivables within one year -€17,023
down €17,023 (-53.9%), from €31,564 to €14,542
of which Trade receivables: -€17,141
- Other debts +€170,000
new in 2025: €170,000
- Profit (loss) carried forward -€117,632
down €117,632 (-71.8%), from €163,751 to €46,119
- Trade debts +€6,723
up €6,723 (+48.5%), from €13,853 to €20,576
- Gross operating margin +€8,969
up €8,969 (+14.1%), from €63,526 to €72,495
- Taxes +€2,897
up €2,897 (+19.3%), from €15,000 to €17,897
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €199,056 | €258,945 | +€59,889 | +30.1% |
| Fixed assets | 21/28 | €4,111 | €2,474 | -€1,637 | -39.8% |
| Tangible fixed assets | 22/27 | €4,111 | €2,474 | -€1,637 | -39.8% |
| Furniture and vehicles | 24 | €4,111 | €2,474 | -€1,637 | -39.8% |
| Current assets | 29/58 | €194,945 | €256,471 | +€61,526 | +31.6% |
| Amounts receivable within one year | 40/41 | €31,564 | €14,542 | -€17,023 | -53.9% |
| Trade receivables | 40 | €31,217 | €14,076 | -€17,141 | -54.9% |
| Other amounts receivable | 41 | €347 | €466 | +€118 | +34.1% |
| Cash at bank and in hand | 54/58 | €163,381 | €241,929 | +€78,549 | +48.1% |
| Total equity and liabilities | 10/49 | €199,056 | €258,945 | +€59,889 | +30.1% |
| Equity | 10/15 | €166,251 | €48,619 | -€117,632 | -70.8% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €163,751 | €46,119 | -€117,632 | -71.8% |
| Amounts payable | 17/49 | €32,806 | €210,327 | +€177,521 | +541% |
| Amounts payable within one year | 42/48 | €32,806 | €210,327 | +€177,521 | +541% |
| Trade debts | 44 | €13,853 | €20,576 | +€6,723 | +48.5% |
| Suppliers | 440/4 | €13,853 | €20,576 | +€6,723 | +48.5% |
| Taxes, remuneration and social security | 45 | €18,953 | €19,751 | +€798 | +4.2% |
| Taxes | 450/3 | €17,753 | €17,351 | -€402 | -2.3% |
| Remuneration and social security | 454/9 | €1,200 | €2,400 | +€1,200 | +100% |
| Other amounts payable | 47/48 | - | €170,000 | +€170,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,637 | €1,637 | = | 0.0% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €63,526 | €72,495 | +€8,969 | +14.1% |
| Operating profit (loss) | 9901 | €61,502 | €70,458 | +€8,956 | +14.6% |
| Financial income | 75/76B | €34 | €23 | -€11 | -32.5% |
| Recurring financial income | 75 | €34 | €23 | -€11 | -32.5% |
| Financial charges | 65/66B | €268 | €216 | -€52 | -19.4% |
| Recurring financial charges | 65 | €268 | €216 | -€52 | -19.4% |
| Profit (loss) for the period before taxes | 9903 | €61,268 | €70,265 | +€8,997 | +14.7% |
| Income taxes | 67/77 | €15,000 | €17,897 | +€2,897 | +19.3% |
| Profit (loss) for the period | 9904 | €46,268 | €52,368 | +€6,100 | +13.2% |
| Profit (loss) for the period to be appropriated | 9905 | €46,268 | €52,368 | +€6,100 | +13.2% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.