Simon Wydooghe: 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.
Simon Wydooghe
Largest movements
- Current investments -€51,956
down €51,956 (-44.4%), from €117,065 to €65,109
- Cash +€5,848
up €5,848 (+271.9%), from €2,151 to €7,999
mainly Other debts (+€64,904) and Net result for the year (+€60,377)
- Receivables within one year +€3,231
up €3,231 (+24.7%), from €13,104 to €16,335
of which Trade receivables: +€3,231
- Tangible fixed assets -€1,533
down €1,533 (-79.2%), from €1,937 to €404
- Profit (loss) carried forward -€108,652
down €108,652 (-99.7%), from €109,029 to €377
- Other debts +€64,904
up €64,904 (+31966.0%), from €203 to €65,107
- Gross operating margin +€19,721
up €19,721 (+36.9%), from €53,511 to €73,231
- Financial income +€6,802
up €6,802 (+6610.0%), from €103 to €6,905
- Taxes +€5,399
up €5,399 (+46.6%), from €11,592 to €16,991
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.
Cash bridge derived
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 | €139,173 | €94,488 | -€44,685 | -32.1% |
| Fixed assets | 21/28 | €1,938 | €405 | -€1,533 | -79.1% |
| Tangible fixed assets | 22/27 | €1,937 | €404 | -€1,533 | -79.2% |
| Furniture and vehicles | 24 | €1,937 | €404 | -€1,533 | -79.2% |
| Financial fixed assets | 28 | €1 | €1 | = | 0.0% |
| Current assets | 29/58 | €137,235 | €94,083 | -€43,152 | -31.4% |
| Amounts receivable within one year | 40/41 | €13,104 | €16,335 | +€3,231 | +24.7% |
| Trade receivables | 40 | €13,104 | €16,335 | +€3,231 | +24.7% |
| Other amounts receivable | 41 | €0 | - | = | |
| Current investments | 50/53 | €117,065 | €65,109 | -€51,956 | -44.4% |
| Cash at bank and in hand | 54/58 | €2,151 | €7,999 | +€5,848 | +271.9% |
| Deferred charges and accrued income | 490/1 | €4,915 | €4,640 | -€275 | -5.6% |
| Total equity and liabilities | 10/49 | €139,173 | €94,488 | -€44,685 | -32.1% |
| Equity | 10/15 | €110,029 | €1,377 | -€108,652 | -98.7% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €109,029 | €377 | -€108,652 | -99.7% |
| Amounts payable | 17/49 | €29,144 | €93,111 | +€63,966 | +219.5% |
| Amounts payable within one year | 42/48 | €29,144 | €93,111 | +€63,966 | +219.5% |
| Financial debts | 43 | €259 | €1 | -€258 | -99.7% |
| Credit institutions | 430/8 | €259 | €1 | -€258 | -99.7% |
| Trade debts | 44 | €1,139 | €1,475 | +€336 | +29.5% |
| Suppliers | 440/4 | €1,139 | €1,475 | +€336 | +29.5% |
| Taxes, remuneration and social security | 45 | €27,543 | €26,528 | -€1,016 | -3.7% |
| Taxes | 450/3 | €27,543 | €26,528 | -€1,016 | -3.7% |
| Other amounts payable | 47/48 | €203 | €65,107 | +€64,904 | +31966.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,787 | €1,533 | -€253 | -14.2% |
| Other operating charges | 640/8 | €926 | €960 | +€34 | +3.7% |
| Gross operating margin | 9900 | €53,511 | €73,231 | +€19,721 | +36.9% |
| Operating profit (loss) | 9901 | €50,798 | €70,738 | +€19,940 | +39.3% |
| Financial income | 75/76B | €103 | €6,905 | +€6,802 | +6610.0% |
| Recurring financial income | 75 | €103 | €6,905 | +€6,802 | +6610.0% |
| Financial charges | 65/66B | €61 | €274 | +€213 | +348.9% |
| Recurring financial charges | 65 | €61 | €274 | +€213 | +348.9% |
| Profit (loss) for the period before taxes | 9903 | €50,839 | €77,368 | +€26,528 | +52.2% |
| Income taxes | 67/77 | €11,592 | €16,991 | +€5,399 | +46.6% |
| Profit (loss) for the period | 9904 | €39,248 | €60,377 | +€21,129 | +53.8% |
| Profit (loss) for the period to be appropriated | 9905 | €39,248 | €60,377 | +€21,129 | +53.8% |
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 12 October 2026 via checked.be.