FD & Wienog: 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.
FD & Wienog
Largest movements
- Tangible fixed assets +€18,597
up €18,597 (+50.1%), from €37,100 to €55,697
- Receivables within one year -€5,027
down €5,027 (-13.7%), from €36,647 to €31,620
of which Trade receivables: -€10,027
- Reserves +€31,465
up €31,465 (+43.7%), from €72,046 to €103,510
- Tax, wage and social debts -€24,332
down €24,332 (-78.0%), from €31,185 to €6,854
- Other debts +€8,505
up €8,505 (+24.7%), from €34,425 to €42,930
- Trade debts -€1,855
down €1,855 (-91.4%), from €2,030 to €175
- Other operating charges +€8,373
up €8,373 (+791%), from €1,058 to €9,431
- Gross operating margin -€6,506
down €6,506 (-9.1%), from €71,824 to €65,319
- Depreciation -€5,661
down €5,661 (-47.0%), from €12,054 to €6,393
- Taxes -€2,739
down €2,739 (-15.4%), from €17,813 to €15,074
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 | €143,734 | €157,208 | +€13,474 | +9.4% |
| Fixed assets | 21/28 | €37,100 | €55,697 | +€18,597 | +50.1% |
| Tangible fixed assets | 22/27 | €37,100 | €55,697 | +€18,597 | +50.1% |
| Furniture and vehicles | 24 | €37,100 | €55,697 | +€18,597 | +50.1% |
| Current assets | 29/58 | €106,634 | €101,511 | -€5,123 | -4.8% |
| Amounts receivable within one year | 40/41 | €36,647 | €31,620 | -€5,027 | -13.7% |
| Trade receivables | 40 | €36,647 | €26,620 | -€10,027 | -27.4% |
| Other amounts receivable | 41 | - | €5,000 | +€5,000 | |
| Cash at bank and in hand | 54/58 | €68,472 | €69,158 | +€686 | +1.0% |
| Deferred charges and accrued income | 490/1 | €1,514 | €733 | -€782 | -51.6% |
| Total equity and liabilities | 10/49 | €143,734 | €157,208 | +€13,474 | +9.4% |
| Equity | 10/15 | €73,046 | €104,510 | +€31,465 | +43.1% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €72,046 | €103,510 | +€31,465 | +43.7% |
| Distributable reserves | 133 | €72,046 | €103,510 | +€31,465 | +43.7% |
| Amounts payable | 17/49 | €70,688 | €52,697 | -€17,991 | -25.5% |
| Amounts payable within one year | 42/48 | €67,641 | €49,959 | -€17,681 | -26.1% |
| Trade debts | 44 | €2,030 | €175 | -€1,855 | -91.4% |
| Suppliers | 440/4 | €2,030 | €175 | -€1,855 | -91.4% |
| Taxes, remuneration and social security | 45 | €31,185 | €6,854 | -€24,332 | -78.0% |
| Taxes | 450/3 | €31,185 | €6,854 | -€24,332 | -78.0% |
| Other amounts payable | 47/48 | €34,425 | €42,930 | +€8,505 | +24.7% |
| Accrued charges and deferred income | 492/3 | €3,047 | €2,738 | -€309 | -10.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,054 | €6,393 | -€5,661 | -47.0% |
| Other operating charges | 640/8 | €1,058 | €9,431 | +€8,373 | +791% |
| Gross operating margin | 9900 | €71,824 | €65,319 | -€6,506 | -9.1% |
| Operating profit (loss) | 9901 | €58,713 | €49,494 | -€9,219 | -15.7% |
| Financial charges | 65/66B | €3,260 | €2,955 | -€305 | -9.4% |
| Recurring financial charges | 65 | €3,260 | €2,955 | -€305 | -9.4% |
| Profit (loss) for the period before taxes | 9903 | €55,452 | €46,539 | -€8,914 | -16.1% |
| Income taxes | 67/77 | €17,813 | €15,074 | -€2,739 | -15.4% |
| Profit (loss) for the period | 9904 | €37,639 | €31,465 | -€6,174 | -16.4% |
| Profit (loss) for the period to be appropriated | 9905 | €37,639 | €31,465 | -€6,174 | -16.4% |
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 31 October 2026 via checked.be.