THE WICKED FLASHLIGHT: 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.
THE WICKED FLASHLIGHT
Largest movements
- Receivables within one year -€105,182
down €105,182 (-71.9%), from €146,291 to €41,110
- Cash +€92,394
up €92,394 (+41.3%), from €223,907 to €316,301
mainly Receivables within one year (+€105,182) and Net result for the year (+€59,078)
- Tangible fixed assets -€5,584
down €5,584 (-33.2%), from €16,818 to €11,233
of which Furniture and vehicles: -€4,337
- Other debts -€25,683
down €25,683 (-74.9%), from €34,313 to €8,629
- Reserves +€24,000
up €24,000 (+8.9%), from €270,782 to €294,782
of which Distributable reserves: +€24,000
- Tax, wage and social debts -€13,526
down €13,526 (-19.7%), from €68,527 to €55,001
of which Taxes: -€6,866
- Depreciation -€10,462
down €10,462 (-61.8%), from €16,929 to €6,467
- Taxes +€6,338
up €6,338 (+34.2%), from €18,512 to €24,850
- Gross operating margin -€2,798
down €2,798 (-3.0%), from €94,265 to €91,467
- Other operating charges +€2,479
up €2,479 (+234%), from €1,059 to €3,538
- Write-downs -€1,740
new in 2025: -€1,740
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 | €388,449 | €370,939 | -€17,510 | -4.5% |
| Fixed assets | 21/28 | €16,818 | €11,233 | -€5,584 | -33.2% |
| Tangible fixed assets | 22/27 | €16,818 | €11,233 | -€5,584 | -33.2% |
| Plant, machinery and equipment | 23 | €2,905 | €1,657 | -€1,248 | -43.0% |
| Furniture and vehicles | 24 | €13,913 | €9,576 | -€4,337 | -31.2% |
| Current assets | 29/58 | €371,632 | €359,706 | -€11,926 | -3.2% |
| Amounts receivable within one year | 40/41 | €146,291 | €41,110 | -€105,182 | -71.9% |
| Trade receivables | 40 | €146,291 | €41,110 | -€105,182 | -71.9% |
| Cash at bank and in hand | 54/58 | €223,907 | €316,301 | +€92,394 | +41.3% |
| Deferred charges and accrued income | 490/1 | €1,433 | €2,295 | +€862 | +60.1% |
| Total equity and liabilities | 10/49 | €388,449 | €370,939 | -€17,510 | -4.5% |
| Equity | 10/15 | €277,859 | €301,937 | +€24,078 | +8.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | - | -€6,200 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Uncalled capital | 101 | €12,400 | - | -€12,400 | |
| Reserves | 13 | €270,782 | €294,782 | +€24,000 | +8.9% |
| Non-distributable reserves | 130/1 | €582 | €582 | = | 0.0% |
| Legal reserve | 130 | €582 | - | -€582 | |
| Reserves not available under the articles | 1311 | - | €582 | +€582 | |
| Distributable reserves | 133 | €270,200 | €294,200 | +€24,000 | +8.9% |
| Profit (loss) carried forward | 14 | €877 | €955 | +€78 | +8.9% |
| Amounts payable | 17/49 | €110,590 | €69,002 | -€41,588 | -37.6% |
| Amounts payable within one year | 42/48 | €108,658 | €67,327 | -€41,331 | -38.0% |
| Trade debts | 44 | €5,819 | €3,697 | -€2,122 | -36.5% |
| Suppliers | 440/4 | €5,819 | €3,697 | -€2,122 | -36.5% |
| Taxes, remuneration and social security | 45 | €68,527 | €55,001 | -€13,526 | -19.7% |
| Taxes | 450/3 | €61,867 | €55,001 | -€6,866 | -11.1% |
| Remuneration and social security | 454/9 | €6,660 | - | -€6,660 | |
| Other amounts payable | 47/48 | €34,313 | €8,629 | -€25,683 | -74.9% |
| Accrued charges and deferred income | 492/3 | €1,932 | €1,675 | -€257 | -13.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,929 | €6,467 | -€10,462 | -61.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | -€1,740 | -€1,740 | |
| Other operating charges | 640/8 | €1,059 | €3,538 | +€2,479 | +234% |
| Gross operating margin | 9900 | €94,265 | €91,467 | -€2,798 | -3.0% |
| Operating profit (loss) | 9901 | €76,277 | €83,201 | +€6,925 | +9.1% |
| Financial income | 75/76B | €13 | €968 | +€955 | +7,305% |
| Recurring financial income | 75 | €13 | €968 | +€955 | +7,305% |
| Financial charges | 65/66B | €1,316 | €241 | -€1,075 | -81.7% |
| Recurring financial charges | 65 | €1,316 | €241 | -€1,075 | -81.7% |
| Profit (loss) for the period before taxes | 9903 | €74,974 | €83,928 | +€8,954 | +11.9% |
| Income taxes | 67/77 | €18,512 | €24,850 | +€6,338 | +34.2% |
| Profit (loss) for the period | 9904 | €56,462 | €59,078 | +€2,616 | +4.6% |
| Profit (loss) for the period to be appropriated | 9905 | €56,462 | €59,078 | +€2,616 | +4.6% |
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 23 October 2026 via checked.be.