GREGOR WILFART: 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.
GREGOR WILFART
Largest movements
- Cash -€15,398
down €15,398 (-11.4%), from €135,461 to €120,062
mainly Net result for the year (-€12,396) and Tax, wage and social debts (-€3,345)
- Profit (loss) carried forward -€12,396
down €12,396 (-9.7%), from €128,313 to €115,916
- Tax, wage and social debts -€3,345
down €3,345 (-76.2%), from €4,388 to €1,043
of which Taxes: -€1,820
- Gross operating margin -€9,901
down €9,901 (-2,554%), from -€388 to -€10,288
- Depreciation -€636
down €636 (-32.7%), from €1,948 to €1,312
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 | €148,089 | €131,729 | -€16,360 | -11.0% |
| Fixed assets | 21/28 | €2,651 | €1,339 | -€1,312 | -49.5% |
| Tangible fixed assets | 22/27 | €2,001 | €689 | -€1,312 | -65.6% |
| Plant, machinery and equipment | 23 | €1,571 | €485 | -€1,086 | -69.1% |
| Furniture and vehicles | 24 | €429 | €204 | -€226 | -52.6% |
| Financial fixed assets | 28 | €650 | €650 | = | 0.0% |
| Current assets | 29/58 | €145,439 | €130,390 | -€15,048 | -10.3% |
| Amounts receivable within one year | 40/41 | €9,708 | €10,162 | +€454 | +4.7% |
| Trade receivables | 40 | - | €1,815 | +€1,815 | |
| Other amounts receivable | 41 | €9,708 | €8,347 | -€1,361 | -14.0% |
| Cash at bank and in hand | 54/58 | €135,461 | €120,062 | -€15,398 | -11.4% |
| Deferred charges and accrued income | 490/1 | €270 | €166 | -€104 | -38.5% |
| Total equity and liabilities | 10/49 | €148,089 | €131,729 | -€16,360 | -11.0% |
| Equity | 10/15 | €142,573 | €130,176 | -€12,396 | -8.7% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €128,313 | €115,916 | -€12,396 | -9.7% |
| Amounts payable | 17/49 | €5,516 | €1,553 | -€3,964 | -71.9% |
| Amounts payable within one year | 42/48 | €5,516 | €1,553 | -€3,964 | -71.9% |
| Trade debts | 44 | €1,128 | €509 | -€619 | -54.9% |
| Suppliers | 440/4 | €1,128 | €509 | -€619 | -54.9% |
| Taxes, remuneration and social security | 45 | €4,388 | €1,043 | -€3,345 | -76.2% |
| Taxes | 450/3 | €2,863 | €1,043 | -€1,820 | -63.6% |
| Remuneration and social security | 454/9 | €1,525 | €0 | -€1,525 | -100% |
| Remuneration, social security and pensions | 62 | €182 | €125 | -€57 | -31.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,948 | €1,312 | -€636 | -32.7% |
| Other operating charges | 640/8 | €354 | €366 | +€12 | +3.4% |
| Gross operating margin | 9900 | -€388 | -€10,288 | -€9,901 | -2,554% |
| Operating profit (loss) | 9901 | -€2,872 | -€12,091 | -€9,219 | -321% |
| Financial income | 75/76B | €34 | €0 | -€34 | -100% |
| Recurring financial income | 75 | €34 | €0 | -€34 | -100% |
| Financial charges | 65/66B | €128 | €112 | -€16 | -12.5% |
| Recurring financial charges | 65 | €128 | €112 | -€16 | -12.5% |
| Profit (loss) for the period before taxes | 9903 | -€2,965 | -€12,203 | -€9,237 | -311% |
| Income taxes | 67/77 | €234 | €193 | -€41 | -17.4% |
| Profit (loss) for the period | 9904 | -€3,200 | -€12,396 | -€9,197 | -287% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,200 | -€12,396 | -€9,197 | -287% |
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 27 October 2026 via checked.be.