The Wide Spectrum: 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 Wide Spectrum
Largest movements
- Receivables within one year -€54,570
down €54,570 (-44.5%), from €122,615 to €68,045
of which Other amounts receivable: -€55,912
- Cash -€7,821
down €7,821 (-34.9%), from €22,397 to €14,576
mainly Other debts (-€285,695) and Deferred charges and accrued income (-€3,419)
- Deferred charges and accrued income +€3,419
new in 2025: €3,419
- Other debts -€285,695
down €285,695 (-72.3%), from €395,028 to €109,333
- Profit (loss) carried forward +€197,725
up €197,725 (+76.1%), from -€259,793 to -€62,068
- Trade debts +€30,224
up €30,224 (+55.1%), from €54,892 to €85,116
- Gross operating margin +€122,046
up €122,046 (+142%), from €86,165 to €208,210
- Financial charges -€17,566
down €17,566 (-92.9%), from €18,904 to €1,338
of which Non-recurring financial charges: -€17,113
- Other operating charges +€2,324
up €2,324 (+37.2%), from €6,253 to €8,578
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 | €202,025 | €142,221 | -€59,804 | -29.6% |
| Fixed assets | 21/28 | €832 | €0 | -€832 | -100% |
| Tangible fixed assets | 22/27 | €832 | €0 | -€832 | -100% |
| Plant, machinery and equipment | 23 | €293 | €0 | -€293 | -100% |
| Other tangible fixed assets | 26 | €538 | €0 | -€538 | -100% |
| Current assets | 29/58 | €201,194 | €142,221 | -€58,972 | -29.3% |
| Stocks and contracts in progress | 3 | €56,182 | €56,182 | = | 0.0% |
| Stocks | 30/36 | €56,182 | €56,182 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €122,615 | €68,045 | -€54,570 | -44.5% |
| Trade receivables | 40 | €6,500 | €7,842 | +€1,342 | +20.6% |
| Other amounts receivable | 41 | €116,115 | €60,204 | -€55,912 | -48.2% |
| Cash at bank and in hand | 54/58 | €22,397 | €14,576 | -€7,821 | -34.9% |
| Deferred charges and accrued income | 490/1 | - | €3,419 | +€3,419 | |
| Total equity and liabilities | 10/49 | €202,025 | €142,221 | -€59,804 | -29.6% |
| Equity | 10/15 | -€251,793 | -€54,068 | +€197,725 | +78.5% |
| Contributions | 10/11 | €8,000 | €8,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€259,793 | -€62,068 | +€197,725 | +76.1% |
| Amounts payable | 17/49 | €453,818 | €196,290 | -€257,528 | -56.7% |
| Amounts payable within one year | 42/48 | €452,063 | €195,181 | -€256,883 | -56.8% |
| Trade debts | 44 | €54,892 | €85,116 | +€30,224 | +55.1% |
| Suppliers | 440/4 | €54,892 | €85,116 | +€30,224 | +55.1% |
| Taxes, remuneration and social security | 45 | €2,143 | €732 | -€1,412 | -65.9% |
| Taxes | 450/3 | €2,143 | €732 | -€1,412 | -65.9% |
| Other amounts payable | 47/48 | €395,028 | €109,333 | -€285,695 | -72.3% |
| Accrued charges and deferred income | 492/3 | €1,755 | €1,109 | -€646 | -36.8% |
| Non-recurring operating income | 76A | - | €231,028 | +€231,028 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,360 | €832 | -€529 | -38.9% |
| Other operating charges | 640/8 | €6,253 | €8,578 | +€2,324 | +37.2% |
| Gross operating margin | 9900 | €86,165 | €208,210 | +€122,046 | +142% |
| Operating profit (loss) | 9901 | €78,551 | €198,801 | +€120,250 | +153% |
| Financial income | 75/76B | - | €261 | +€261 | |
| Recurring financial income | 75 | - | €261 | +€261 | |
| Financial charges | 65/66B | €18,904 | €1,338 | -€17,566 | -92.9% |
| Recurring financial charges | 65 | €1,791 | €1,338 | -€453 | -25.3% |
| Non-recurring financial charges | 66B | €17,113 | €0 | -€17,113 | -100% |
| Profit (loss) for the period before taxes | 9903 | €59,647 | €197,725 | +€138,078 | +231% |
| Profit (loss) for the period | 9904 | €59,647 | €197,725 | +€138,078 | +231% |
| Profit (loss) for the period to be appropriated | 9905 | €59,647 | €197,725 | +€138,078 | +231% |
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 28 October 2026 via checked.be.