NEDCARGO WILPHERIUM: 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.
NEDCARGO WILPHERIUM
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Other debts +€25,000
up €25,000 (+34.5%), from €72,500 to €97,500
- Tax, wage and social debts -€23,511
down €23,511 (-37.2%), from €63,213 to €39,702
- Profit (loss) carried forward -€12,521
down €12,521 (-4.2%), from -€295,671 to -€308,192
- Trade debts +€6,540
up €6,540 (+33.3%), from €19,620 to €26,160
- Short-term financial debts +€4,783
up €4,783 (+5.2%), from €92,066 to €96,849
- Taxes -€39,077
no longer reported in 2025 (was €39,077)
- Financial charges -€1,106
down €1,106 (-18.6%), from €5,943 to €4,837
- Other operating charges +€301
up €301 (+15.2%), from €1,978 to €2,279
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €20,584 | €20,584 | = | 0.0% |
| Current assets | 29/58 | €20,584 | €20,584 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €20,584 | €20,584 | = | 0.0% |
| Other amounts receivable | 41 | €20,584 | €20,584 | = | 0.0% |
| Total equity and liabilities | 10/49 | €20,584 | €20,584 | = | 0.0% |
| Equity | 10/15 | -€228,021 | -€240,542 | -€12,521 | -5.5% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €6,150 | €6,150 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€295,671 | -€308,192 | -€12,521 | -4.2% |
| Amounts payable | 17/49 | €248,605 | €261,126 | +€12,521 | +5.0% |
| Amounts payable within one year | 42/48 | €247,399 | €260,211 | +€12,812 | +5.2% |
| Financial debts | 43 | €92,066 | €96,849 | +€4,783 | +5.2% |
| Credit institutions | 430/8 | €92,066 | €96,849 | +€4,783 | +5.2% |
| Trade debts | 44 | €19,620 | €26,160 | +€6,540 | +33.3% |
| Suppliers | 440/4 | €19,620 | €26,160 | +€6,540 | +33.3% |
| Taxes, remuneration and social security | 45 | €63,213 | €39,702 | -€23,511 | -37.2% |
| Taxes | 450/3 | €63,213 | €39,702 | -€23,511 | -37.2% |
| Other amounts payable | 47/48 | €72,500 | €97,500 | +€25,000 | +34.5% |
| Accrued charges and deferred income | 492/3 | €1,206 | €915 | -€291 | -24.1% |
| Other operating charges | 640/8 | €1,978 | €2,279 | +€301 | +15.2% |
| Gross operating margin | 9900 | -€5,405 | -€5,405 | = | 0.0% |
| Operating profit (loss) | 9901 | -€7,383 | -€7,684 | -€301 | -4.1% |
| Financial charges | 65/66B | €5,943 | €4,837 | -€1,106 | -18.6% |
| Recurring financial charges | 65 | €5,943 | €4,837 | -€1,106 | -18.6% |
| Profit (loss) for the period before taxes | 9903 | -€13,326 | -€12,521 | +€805 | +6.0% |
| Income taxes | 67/77 | €39,077 | - | -€39,077 | |
| Profit (loss) for the period | 9904 | -€52,403 | -€12,521 | +€39,882 | +76.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€52,403 | -€12,521 | +€39,882 | +76.1% |
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 25 October 2026 via checked.be.