den Wyngaert: what changed
den Wyngaert
Largest movements
- Current investments +€10,050
new in 2025: €10,050
- Cash +€8,579
up €8,579 (+38.9%), from €22,072 to €30,651
mainly Net result for the year (+€26,821) and Receivables within one year (+€2,997)
- Receivables within one year -€2,997
down €2,997 (-17.8%), from €16,882 to €13,885
of which Trade receivables: -€4,509
- Tangible fixed assets -€1,946
down €1,946 (-34.1%), from €5,706 to €3,760
of which Plant, machinery and equipment: -€1,821
- Deferred charges and accrued income +€837
up €837 (+283%), from €296 to €1,133
- Reserves +€14,821
up €14,821 (+38.5%), from €38,488 to €53,310
- Trade debts -€597
down €597 (-17.5%), from €3,401 to €2,805
- Gross operating margin +€21,653
up €21,653 (+139%), from €15,589 to €37,242
- Taxes +€4,055
up €4,055 (+127%), from €3,205 to €7,259
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 | €44,955 | €59,479 | +€14,524 | +32.3% |
| Fixed assets | 21/28 | €5,706 | €3,760 | -€1,946 | -34.1% |
| Tangible fixed assets | 22/27 | €5,706 | €3,760 | -€1,946 | -34.1% |
| Plant, machinery and equipment | 23 | €5,581 | €3,760 | -€1,821 | -32.6% |
| Furniture and vehicles | 24 | €125 | €0 | -€125 | -100% |
| Current assets | 29/58 | €39,249 | €55,719 | +€16,470 | +42.0% |
| Amounts receivable within one year | 40/41 | €16,882 | €13,885 | -€2,997 | -17.8% |
| Trade receivables | 40 | €5,693 | €1,184 | -€4,509 | -79.2% |
| Other amounts receivable | 41 | €11,189 | €12,701 | +€1,512 | +13.5% |
| Current investments | 50/53 | - | €10,050 | +€10,050 | |
| Cash at bank and in hand | 54/58 | €22,072 | €30,651 | +€8,579 | +38.9% |
| Deferred charges and accrued income | 490/1 | €296 | €1,133 | +€837 | +283% |
| Total equity and liabilities | 10/49 | €44,955 | €59,479 | +€14,524 | +32.3% |
| Equity | 10/15 | €41,488 | €56,310 | +€14,821 | +35.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €38,488 | €53,310 | +€14,821 | +38.5% |
| Distributable reserves | 133 | €38,488 | €53,310 | +€14,821 | +38.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €3,467 | €3,170 | -€297 | -8.6% |
| Amounts payable within one year | 42/48 | €3,401 | €3,103 | -€299 | -8.8% |
| Financial debts | 43 | - | €298 | +€298 | |
| Credit institutions | 430/8 | - | €298 | +€298 | |
| Trade debts | 44 | €3,401 | €2,805 | -€597 | -17.5% |
| Suppliers | 440/4 | €3,401 | €2,805 | -€597 | -17.5% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €66 | €67 | +€1 | +2.0% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,040 | €1,946 | -€95 | -4.6% |
| Other operating charges | 640/8 | €505 | €520 | +€14 | +2.8% |
| Gross operating margin | 9900 | €15,589 | €37,242 | +€21,653 | +139% |
| Operating profit (loss) | 9901 | €13,044 | €34,777 | +€21,733 | +167% |
| Financial income | 75/76B | €442 | €523 | +€82 | +18.5% |
| Recurring financial income | 75 | €442 | €523 | +€82 | +18.5% |
| Financial charges | 65/66B | €1,392 | €1,220 | -€172 | -12.4% |
| Recurring financial charges | 65 | €1,392 | €1,220 | -€172 | -12.4% |
| Profit (loss) for the period before taxes | 9903 | €12,094 | €34,081 | +€21,987 | +182% |
| Income taxes | 67/77 | €3,205 | €7,259 | +€4,055 | +127% |
| Profit (loss) for the period | 9904 | €8,889 | €26,821 | +€17,933 | +202% |
| Profit (loss) for the period to be appropriated | 9905 | €8,889 | €26,821 | +€17,933 | +202% |
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.