Niels Wille: what changed
Niels Wille
Largest movements
- Cash -€17,398
down €17,398 (-75.0%), from €23,186 to €5,788
mainly Contributions, distributions and other (-€34,338) and Other debts (-€29,324)
- Receivables within one year -€16,400
down €16,400 (-42.3%), from €38,732 to €22,332
of which Trade receivables: -€12,107
- Deferred charges and accrued income +€1,061
up €1,061 (+351%), from €302 to €1,363
- Other debts -€29,324
down €29,324 (-46.1%), from €63,663 to €34,338
- Trade debts -€2,933
down €2,933 (-78.1%), from €3,755 to €822
- Tax, wage and social debts -€801
down €801 (-7.2%), from €11,083 to €10,282
of which Taxes: -€801
- Gross operating margin -€36,742
down €36,742 (-41.9%), from €87,676 to €50,934
- Taxes -€7,376
down €7,376 (-44.3%), from €16,661 to €9,285
Change in the result, 2025 to 2026
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2025 and 2026 balance sheets and the 2026 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €78,688 | €46,238 | -€32,450 | -41.2% |
| Fixed assets | 21/28 | €16,467 | €16,755 | +€288 | +1.7% |
| Tangible fixed assets | 22/27 | €16,467 | €16,755 | +€288 | +1.7% |
| Land and buildings | 22 | €1,503 | - | -€1,503 | |
| Plant, machinery and equipment | 23 | €12,642 | €13,618 | +€975 | +7.7% |
| Furniture and vehicles | 24 | €2,322 | €1,803 | -€519 | -22.4% |
| Other tangible fixed assets | 26 | - | €1,334 | +€1,334 | |
| Current assets | 29/58 | €62,220 | €29,483 | -€32,737 | -52.6% |
| Amounts receivable within one year | 40/41 | €38,732 | €22,332 | -€16,400 | -42.3% |
| Trade receivables | 40 | €29,531 | €17,424 | -€12,107 | -41.0% |
| Other amounts receivable | 41 | €9,201 | €4,908 | -€4,293 | -46.7% |
| Cash at bank and in hand | 54/58 | €23,186 | €5,788 | -€17,398 | -75.0% |
| Deferred charges and accrued income | 490/1 | €302 | €1,363 | +€1,061 | +351% |
| Total equity and liabilities | 10/49 | €78,688 | €46,238 | -€32,450 | -41.2% |
| Equity | 10/15 | €120 | €120 | = | 0.0% |
| Contributions | 10/11 | €120 | €120 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €78,568 | €46,118 | -€32,450 | -41.3% |
| Amounts payable within one year | 42/48 | €78,568 | €46,118 | -€32,450 | -41.3% |
| Financial debts | 43 | €68 | €676 | +€609 | +900% |
| Credit institutions | 430/8 | €68 | €676 | +€609 | +900% |
| Trade debts | 44 | €3,755 | €822 | -€2,933 | -78.1% |
| Suppliers | 440/4 | €3,755 | €822 | -€2,933 | -78.1% |
| Taxes, remuneration and social security | 45 | €11,083 | €10,282 | -€801 | -7.2% |
| Taxes | 450/3 | €11,083 | €10,282 | -€801 | -7.2% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €63,663 | €34,338 | -€29,324 | -46.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,357 | €4,230 | +€873 | +26.0% |
| Other operating charges | 640/8 | - | €175 | +€175 | |
| Gross operating margin | 9900 | €87,676 | €50,934 | -€36,742 | -41.9% |
| Operating profit (loss) | 9901 | €84,319 | €46,528 | -€37,791 | -44.8% |
| Financial income | 75/76B | €132 | €488 | +€357 | +271% |
| Recurring financial income | 75 | €132 | €488 | +€357 | +271% |
| Financial charges | 65/66B | €4,127 | €3,394 | -€733 | -17.8% |
| Recurring financial charges | 65 | €4,127 | €3,394 | -€733 | -17.8% |
| Profit (loss) for the period before taxes | 9903 | €80,324 | €43,623 | -€36,701 | -45.7% |
| Income taxes | 67/77 | €16,661 | €9,285 | -€7,376 | -44.3% |
| Profit (loss) for the period | 9904 | €63,663 | €34,338 | -€29,324 | -46.1% |
| Profit (loss) for the period to be appropriated | 9905 | €63,663 | €34,338 | -€29,324 | -46.1% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.