NICO 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.
NICO DE WILDE
Largest movements
- Cash -€17,106
down €17,106 (-62.6%), from €27,306 to €10,200
mainly Tax, wage and social debts (-€57,523) and Trade debts (-€42,669)
- Stocks and contracts +€5,135
up €5,135 (+46.3%), from €11,090 to €16,225
- Tangible fixed assets -€4,122
down €4,122 (-49.9%), from €8,264 to €4,142
of which Plant, machinery and equipment: -€3,935
- Other debts +€67,340
up €67,340 (+34.1%), from €197,193 to €264,533
- Tax, wage and social debts -€57,523
down €57,523 (-98.8%), from €58,205 to €683
of which Taxes: -€57,922
- Trade debts -€42,669
down €42,669 (-60.4%), from €70,669 to €28,000
- Profit (loss) carried forward +€15,967
up €15,967 (+7.9%), from -€203,330 to -€187,364
- Gross operating margin +€43,349
up €43,349 (+1,062%), from €4,083 to €47,432
- Write-downs +€12,824
up €12,824, from €0 to €12,824
- Other operating charges +€10,957
up €10,957 (+1,540%), from €712 to €11,669
- Financial charges +€1,945
up €1,945 (+102%), from €1,914 to €3,859
- Depreciation -€1,100
down €1,100 (-21.1%), from €5,223 to €4,122
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 | €141,488 | €124,602 | -€16,885 | -11.9% |
| Fixed assets | 21/28 | €11,499 | €7,377 | -€4,122 | -35.8% |
| Tangible fixed assets | 22/27 | €8,264 | €4,142 | -€4,122 | -49.9% |
| Plant, machinery and equipment | 23 | €8,076 | €4,142 | -€3,935 | -48.7% |
| Furniture and vehicles | 24 | €187 | €0 | -€187 | -100% |
| Financial fixed assets | 28 | €3,235 | €3,235 | = | 0.0% |
| Current assets | 29/58 | €129,989 | €117,226 | -€12,763 | -9.8% |
| Stocks and contracts in progress | 3 | €11,090 | €16,225 | +€5,135 | +46.3% |
| Stocks | 30/36 | €11,090 | €16,225 | +€5,135 | +46.3% |
| Amounts receivable within one year | 40/41 | €91,040 | €90,800 | -€239 | -0.3% |
| Trade receivables | 40 | €70,380 | €59,675 | -€10,705 | -15.2% |
| Other amounts receivable | 41 | €20,660 | €31,125 | +€10,465 | +50.7% |
| Cash at bank and in hand | 54/58 | €27,306 | €10,200 | -€17,106 | -62.6% |
| Deferred charges and accrued income | 490/1 | €553 | €0 | -€553 | -100% |
| Total equity and liabilities | 10/49 | €141,488 | €124,602 | -€16,885 | -11.9% |
| Equity | 10/15 | -€184,580 | -€168,614 | +€15,967 | +8.7% |
| Contributions | 10/11 | €18,750 | €18,750 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€203,330 | -€187,364 | +€15,967 | +7.9% |
| Amounts payable | 17/49 | €326,068 | €293,216 | -€32,852 | -10.1% |
| Amounts payable within one year | 42/48 | €326,068 | €293,216 | -€32,852 | -10.1% |
| Trade debts | 44 | €70,669 | €28,000 | -€42,669 | -60.4% |
| Suppliers | 440/4 | €70,669 | €28,000 | -€42,669 | -60.4% |
| Taxes, remuneration and social security | 45 | €58,205 | €683 | -€57,523 | -98.8% |
| Taxes | 450/3 | €57,922 | €0 | -€57,922 | -100% |
| Remuneration and social security | 454/9 | €283 | €683 | +€400 | +141% |
| Other amounts payable | 47/48 | €197,193 | €264,533 | +€67,340 | +34.1% |
| Non-recurring operating income | 76A | - | €6,700 | +€6,700 | |
| Remuneration, social security and pensions | 62 | -€210 | €0 | +€210 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,223 | €4,122 | -€1,100 | -21.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | €12,824 | +€12,824 | |
| Other operating charges | 640/8 | €712 | €11,669 | +€10,957 | +1,540% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €4,083 | €47,432 | +€43,349 | +1,062% |
| Operating profit (loss) | 9901 | -€1,641 | €18,817 | +€20,458 | |
| Financial income | 75/76B | €963 | €1,008 | +€45 | +4.7% |
| Recurring financial income | 75 | €963 | €1,008 | +€45 | +4.7% |
| Financial charges | 65/66B | €1,914 | €3,859 | +€1,945 | +102% |
| Recurring financial charges | 65 | €1,914 | €3,859 | +€1,945 | +102% |
| Profit (loss) for the period before taxes | 9903 | -€2,591 | €15,967 | +€18,558 | |
| Profit (loss) for the period | 9904 | -€2,591 | €15,967 | +€18,558 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,591 | €15,967 | +€18,558 |
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.