DE BRUYN WENDY: what changed
DE BRUYN WENDY
Largest movements
- Receivables within one year +€14,165
up €14,165 (+11.4%), from €124,100 to €138,265
of which Trade receivables: +€10,024
- Tangible fixed assets -€11,159
down €11,159 (-73.2%), from €15,236 to €4,077
of which Furniture and vehicles: -€9,120
- Cash -€2,999
down €2,999 (-72.4%), from €4,139 to €1,140
mainly Receivables within one year (-€14,165) and Current portion of long-term debt (-€9,966)
- Reserves +€12,702
up €12,702 (+10.8%), from €117,430 to €130,132
- Current portion of long-term debt -€9,966
down €9,966 (-90.7%), from €10,994 to €1,028
- Other debts -€4,463
down €4,463 (-100%), from €4,463 to €0
- Tax, wage and social debts +€2,247
up €2,247 (+204%), from €1,104 to €3,351
- Gross operating margin -€6,969
down €6,969 (-21.8%), from €31,939 to €24,970
- Taxes -€1,887
down €1,887 (-27.5%), from €6,869 to €4,982
- Depreciation -€590
down €590 (-5.0%), from €11,749 to €11,159
- Financial charges +€325
up €325 (+74.7%), from €435 to €760
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 | €143,941 | €143,961 | +€20 | 0.0% |
| Fixed assets | 21/28 | €15,236 | €4,077 | -€11,159 | -73.2% |
| Tangible fixed assets | 22/27 | €15,236 | €4,077 | -€11,159 | -73.2% |
| Plant, machinery and equipment | 23 | €6,116 | €4,077 | -€2,039 | -33.3% |
| Furniture and vehicles | 24 | €9,120 | €0 | -€9,120 | -100% |
| Current assets | 29/58 | €128,705 | €139,883 | +€11,178 | +8.7% |
| Amounts receivable within one year | 40/41 | €124,100 | €138,265 | +€14,165 | +11.4% |
| Trade receivables | 40 | €18,962 | €28,986 | +€10,024 | +52.9% |
| Other amounts receivable | 41 | €105,137 | €109,279 | +€4,142 | +3.9% |
| Cash at bank and in hand | 54/58 | €4,139 | €1,140 | -€2,999 | -72.4% |
| Deferred charges and accrued income | 490/1 | €466 | €478 | +€12 | +2.6% |
| Total equity and liabilities | 10/49 | €143,941 | €143,961 | +€20 | 0.0% |
| Equity | 10/15 | €123,630 | €136,332 | +€12,702 | +10.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €117,430 | €130,132 | +€12,702 | +10.8% |
| Distributable reserves | 133 | €117,430 | €130,132 | +€12,702 | +10.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €20,311 | €7,629 | -€12,682 | -62.4% |
| Amounts payable after more than one year | 17 | €3,375 | €2,347 | -€1,028 | -30.4% |
| Financial debts | 170/4 | €3,375 | €2,347 | -€1,028 | -30.4% |
| Amounts payable within one year | 42/48 | €16,936 | €5,281 | -€11,655 | -68.8% |
| Current portion of amounts payable after more than one year | 42 | €10,994 | €1,028 | -€9,966 | -90.7% |
| Trade debts | 44 | €375 | €903 | +€527 | +140% |
| Suppliers | 440/4 | €375 | €903 | +€527 | +140% |
| Taxes, remuneration and social security | 45 | €1,104 | €3,351 | +€2,247 | +204% |
| Taxes | 450/3 | €1,104 | €3,351 | +€2,247 | +204% |
| Other amounts payable | 47/48 | €4,463 | €0 | -€4,463 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,749 | €11,159 | -€590 | -5.0% |
| Other operating charges | 640/8 | €1,160 | €1,093 | -€68 | -5.8% |
| Gross operating margin | 9900 | €31,939 | €24,970 | -€6,969 | -21.8% |
| Operating profit (loss) | 9901 | €19,030 | €12,718 | -€6,312 | -33.2% |
| Financial income | 75/76B | €6,022 | €5,725 | -€297 | -4.9% |
| Recurring financial income | 75 | €6,022 | €5,725 | -€297 | -4.9% |
| Financial charges | 65/66B | €435 | €760 | +€325 | +74.7% |
| Recurring financial charges | 65 | €435 | €760 | +€325 | +74.7% |
| Profit (loss) for the period before taxes | 9903 | €24,617 | €17,684 | -€6,933 | -28.2% |
| Income taxes | 67/77 | €6,869 | €4,982 | -€1,887 | -27.5% |
| Profit (loss) for the period | 9904 | €17,748 | €12,702 | -€5,046 | -28.4% |
| Profit (loss) for the period to be appropriated | 9905 | €17,748 | €12,702 | -€5,046 | -28.4% |
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 3 November 2026 via checked.be.