Dr. An De Wilde: 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.
Dr. An De Wilde
Largest movements
- Receivables within one year -€249,618
down €249,618 (-93.2%), from €267,935 to €18,318
- Cash -€37,718
down €37,718 (-27.3%), from €137,942 to €100,224
mainly Contributions, distributions and other (-€360,919) and Tax, wage and social debts (-€39,604)
- Reserves -€248,661
down €248,661 (-68.9%), from €360,919 to €112,258
- Tax, wage and social debts -€39,604
down €39,604 (-56.1%), from €70,601 to €30,996
- Gross operating margin +€3,204
up €3,204 (+2.3%), from €141,690 to €144,894
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 | €436,248 | €147,984 | -€288,263 | -66.1% |
| Fixed assets | 21/28 | €1,698 | €1,016 | -€682 | -40.2% |
| Tangible fixed assets | 22/27 | €1,023 | €341 | -€682 | -66.7% |
| Furniture and vehicles | 24 | €1,023 | €341 | -€682 | -66.7% |
| Financial fixed assets | 28 | €675 | €675 | = | 0.0% |
| Current assets | 29/58 | €434,549 | €146,968 | -€287,581 | -66.2% |
| Amounts receivable within one year | 40/41 | €267,935 | €18,318 | -€249,618 | -93.2% |
| Other amounts receivable | 41 | €267,935 | €18,318 | -€249,618 | -93.2% |
| Cash at bank and in hand | 54/58 | €137,942 | €100,224 | -€37,718 | -27.3% |
| Deferred charges and accrued income | 490/1 | €28,672 | €28,426 | -€246 | -0.9% |
| Total equity and liabilities | 10/49 | €436,248 | €147,984 | -€288,263 | -66.1% |
| Equity | 10/15 | €363,919 | €115,258 | -€248,661 | -68.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €360,919 | €112,258 | -€248,661 | -68.9% |
| Distributable reserves | 133 | €360,919 | €112,258 | -€248,661 | -68.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €72,329 | €32,726 | -€39,602 | -54.8% |
| Amounts payable within one year | 42/48 | €72,329 | €32,726 | -€39,602 | -54.8% |
| Trade debts | 44 | €1,728 | €1,730 | +€2 | +0.1% |
| Suppliers | 440/4 | €1,728 | €1,730 | +€2 | +0.1% |
| Taxes, remuneration and social security | 45 | €70,601 | €30,996 | -€39,604 | -56.1% |
| Taxes | 450/3 | €70,601 | €30,996 | -€39,604 | -56.1% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €617 | €682 | +€66 | +10.7% |
| Other operating charges | 640/8 | €141 | €144 | +€4 | +2.6% |
| Gross operating margin | 9900 | €141,690 | €144,894 | +€3,204 | +2.3% |
| Operating profit (loss) | 9901 | €140,933 | €144,067 | +€3,134 | +2.2% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €154 | €45 | -€109 | -70.7% |
| Recurring financial charges | 65 | €154 | €45 | -€109 | -70.7% |
| Profit (loss) for the period before taxes | 9903 | €140,780 | €144,022 | +€3,243 | +2.3% |
| Income taxes | 67/77 | €30,996 | €31,765 | +€768 | +2.5% |
| Profit (loss) for the period | 9904 | €109,783 | €112,258 | +€2,475 | +2.3% |
| Profit (loss) for the period to be appropriated | 9905 | €109,783 | €112,258 | +€2,475 | +2.3% |
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 29 October 2026 via checked.be.