HET WILDE WESTEN: 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.
HET WILDE WESTEN
Largest movements
- Receivables within one year -€51,798
down €51,798 (-17.0%), from €305,172 to €253,374
of which Trade receivables: -€67,737
- Tangible fixed assets +€21,607
up €21,607 (+8.2%), from €263,424 to €285,032
of which Furniture and vehicles: +€43,151
- Debts after one year +€51,097
up €51,097 (+49.5%), from €103,212 to €154,309
- Profit (loss) carried forward -€40,279
down €40,279 (-10.1%), from €399,305 to €359,026
- Trade debts -€28,191
down €28,191 (-61.9%), from €45,571 to €17,380
- Tax, wage and social debts -€17,402
down €17,402 (-38.5%), from €45,215 to €27,813
of which Taxes: -€17,402
- Gross operating margin -€171,453
down €171,453 (-93.8%), from €182,715 to €11,262
- Taxes -€33,973
down €33,973 (-99.4%), from €34,169 to €196
- Depreciation +€10,137
up €10,137 (+29.7%), from €34,138 to €44,276
- Other operating charges +€2,395
up €2,395 (+36.9%), from €6,493 to €8,888
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 | €647,208 | €618,743 | -€28,465 | -4.4% |
| Fixed assets | 21/28 | €266,084 | €287,692 | +€21,607 | +8.1% |
| Tangible fixed assets | 22/27 | €263,424 | €285,032 | +€21,607 | +8.2% |
| Land and buildings | 22 | €158,012 | €158,961 | +€949 | +0.6% |
| Plant, machinery and equipment | 23 | €103,214 | €80,721 | -€22,493 | -21.8% |
| Furniture and vehicles | 24 | €2,198 | €45,349 | +€43,151 | +1,963% |
| Financial fixed assets | 28 | €2,660 | €2,660 | = | 0.0% |
| Current assets | 29/58 | €381,124 | €331,051 | -€50,073 | -13.1% |
| Amounts receivable within one year | 40/41 | €305,172 | €253,374 | -€51,798 | -17.0% |
| Trade receivables | 40 | €144,973 | €77,237 | -€67,737 | -46.7% |
| Other amounts receivable | 41 | €160,199 | €176,138 | +€15,939 | +9.9% |
| Cash at bank and in hand | 54/58 | €72,691 | €74,453 | +€1,762 | +2.4% |
| Deferred charges and accrued income | 490/1 | €3,260 | €3,224 | -€37 | -1.1% |
| Total equity and liabilities | 10/49 | €647,208 | €618,743 | -€28,465 | -4.4% |
| Equity | 10/15 | €407,005 | €366,726 | -€40,279 | -9.9% |
| Contributions | 10/11 | €7,700 | €7,700 | = | 0.0% |
| Profit (loss) carried forward | 14 | €399,305 | €359,026 | -€40,279 | -10.1% |
| Amounts payable | 17/49 | €240,203 | €252,017 | +€11,813 | +4.9% |
| Amounts payable after more than one year | 17 | €103,212 | €154,309 | +€51,097 | +49.5% |
| Financial debts | 170/4 | €103,212 | €154,309 | +€51,097 | +49.5% |
| Amounts payable within one year | 42/48 | €136,991 | €97,708 | -€39,284 | -28.7% |
| Financial debts | 43 | €46,205 | €52,514 | +€6,309 | +13.7% |
| Credit institutions | 430/8 | €46,205 | €52,514 | +€6,309 | +13.7% |
| Trade debts | 44 | €45,571 | €17,380 | -€28,191 | -61.9% |
| Suppliers | 440/4 | €45,571 | €17,380 | -€28,191 | -61.9% |
| Taxes, remuneration and social security | 45 | €45,215 | €27,813 | -€17,402 | -38.5% |
| Taxes | 450/3 | €42,215 | €24,813 | -€17,402 | -41.2% |
| Remuneration and social security | 454/9 | €3,000 | €3,000 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,138 | €44,276 | +€10,137 | +29.7% |
| Other operating charges | 640/8 | €6,493 | €8,888 | +€2,395 | +36.9% |
| Gross operating margin | 9900 | €182,715 | €11,262 | -€171,453 | -93.8% |
| Operating profit (loss) | 9901 | €142,083 | -€41,902 | -€183,985 | |
| Financial income | 75/76B | €8,869 | €8,336 | -€534 | -6.0% |
| Recurring financial income | 75 | €8,869 | €8,336 | -€534 | -6.0% |
| Financial charges | 65/66B | €4,902 | €6,516 | +€1,614 | +32.9% |
| Recurring financial charges | 65 | €4,902 | €6,516 | +€1,614 | +32.9% |
| Profit (loss) for the period before taxes | 9903 | €146,051 | -€40,082 | -€186,133 | |
| Income taxes | 67/77 | €34,169 | €196 | -€33,973 | -99.4% |
| Profit (loss) for the period | 9904 | €111,881 | -€40,279 | -€152,160 | |
| Profit (loss) for the period to be appropriated | 9905 | €111,881 | -€40,279 | -€152,160 |
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 30 October 2026 via checked.be.