WEDWINKEL: 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.
WEDWINKEL
Largest movements
- Cash -€65,271
down €65,271 (-7.2%), from €901,960 to €836,688
mainly Net result for the year (-€240,166) and Tax, wage and social debts (-€104,947)
- Other debts +€286,701
up €286,701 (+50.0%), from €573,072 to €859,773
- Reserves -€193,807
no longer reported in 2024 (was €193,807)
- Tax, wage and social debts -€104,947
down €104,947 (-72.3%), from €145,223 to €40,275
of which Remuneration and social security: -€86,198
- Contributions +€48,600
new in 2024: €48,600
- Debts after one year -€48,600
down €48,600 (-66.9%), from €72,600 to €24,000
of which Financial debts: -€48,600
- Gross operating margin -€388,606
down €388,606, from €326,859 to -€61,747
- Staff costs -€133,431
down €133,431 (-48.5%), from €275,311 to €141,880
- Other operating charges -€55,589
down €55,589 (-68.3%), from €81,416 to €25,827
- Depreciation -€6,622
down €6,622 (-78.6%), from €8,429 to €1,807
- Financial charges +€5,989
up €5,989 (+189%), from €3,176 to €9,165
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,076,480 | €1,014,510 | -€61,970 | -5.8% |
| Fixed assets | 21/28 | €25,037 | €23,231 | -€1,807 | -7.2% |
| Tangible fixed assets | 22/27 | €2,837 | €1,031 | -€1,807 | -63.7% |
| Land and buildings | 22 | €1,008 | - | -€1,008 | |
| Furniture and vehicles | 24 | €1,829 | €1,031 | -€799 | -43.7% |
| Financial fixed assets | 28 | €22,200 | €22,200 | = | 0.0% |
| Current assets | 29/58 | €1,051,443 | €991,280 | -€60,164 | -5.7% |
| Amounts receivable within one year | 40/41 | €149,484 | €149,474 | -€9 | 0.0% |
| Other amounts receivable | 41 | €149,484 | €149,474 | -€9 | 0.0% |
| Cash at bank and in hand | 54/58 | €901,960 | €836,688 | -€65,271 | -7.2% |
| Deferred charges and accrued income | 490/1 | - | €5,117 | +€5,117 | |
| Total equity and liabilities | 10/49 | €1,076,480 | €1,014,510 | -€61,970 | -5.8% |
| Equity | 10/15 | €273,754 | €82,188 | -€191,566 | -70.0% |
| Contributions | 10/11 | - | €48,600 | +€48,600 | |
| Contributions outside capital | 11 | - | €48,600 | +€48,600 | |
| Other | 1109/19 | - | €48,600 | +€48,600 | |
| Reserves | 13 | €193,807 | - | -€193,807 | |
| Distributable reserves | 133 | €193,807 | - | -€193,807 | |
| Profit (loss) carried forward | 14 | €79,947 | €33,588 | -€46,359 | -58.0% |
| Amounts payable | 17/49 | €802,726 | €932,322 | +€129,596 | +16.1% |
| Amounts payable after more than one year | 17 | €72,600 | €24,000 | -€48,600 | -66.9% |
| Financial debts | 170/4 | €48,600 | - | -€48,600 | |
| Other amounts payable | 178/9 | €24,000 | €24,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €730,126 | €908,322 | +€178,196 | +24.4% |
| Trade debts | 44 | €11,831 | €8,274 | -€3,558 | -30.1% |
| Suppliers | 440/4 | €11,831 | €8,274 | -€3,558 | -30.1% |
| Taxes, remuneration and social security | 45 | €145,223 | €40,275 | -€104,947 | -72.3% |
| Taxes | 450/3 | €19,226 | €476 | -€18,749 | -97.5% |
| Remuneration and social security | 454/9 | €125,997 | €39,799 | -€86,198 | -68.4% |
| Other amounts payable | 47/48 | €573,072 | €859,773 | +€286,701 | +50.0% |
| Remuneration, social security and pensions | 62 | €275,311 | €141,880 | -€133,431 | -48.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,429 | €1,807 | -€6,622 | -78.6% |
| Other operating charges | 640/8 | €81,416 | €25,827 | -€55,589 | -68.3% |
| Gross operating margin | 9900 | €326,859 | -€61,747 | -€388,606 | |
| Operating profit (loss) | 9901 | -€38,296 | -€231,260 | -€192,964 | -504% |
| Financial income | 75/76B | - | €259 | +€259 | |
| Recurring financial income | 75 | - | €259 | +€259 | |
| Financial charges | 65/66B | €3,176 | €9,165 | +€5,989 | +189% |
| Recurring financial charges | 65 | €3,176 | €9,165 | +€5,989 | +189% |
| Profit (loss) for the period before taxes | 9903 | -€41,472 | -€240,166 | -€198,695 | -479% |
| Profit (loss) for the period | 9904 | -€41,472 | -€240,166 | -€198,695 | -479% |
| Profit (loss) for the period to be appropriated | 9905 | -€41,472 | -€240,166 | -€198,695 | -479% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.