WENDY DOHM: 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.
WENDY DOHM
Largest movements
- Cash +€13,097
up €13,097 (+21.4%), from €61,135 to €74,233
mainly Net result for the year (+€15,890) and Depreciation (+€533)
- Deferred charges and accrued income +€2,112
up €2,112 (+46.3%), from €4,564 to €6,676
- Reserves +€15,890
up €15,890 (+19.7%), from €80,826 to €96,717
- Gross operating margin +€2,088
up €2,088 (+10.8%), from €19,278 to €21,365
- Taxes +€447
up €447 (+11.9%), from €3,747 to €4,195
- Depreciation +€423
up €423 (+388%), from €109 to €533
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 | €84,656 | €99,717 | +€15,061 | +17.8% |
| Fixed assets | 21/28 | €2,553 | €2,021 | -€533 | -20.9% |
| Tangible fixed assets | 22/27 | €2,553 | €2,021 | -€533 | -20.9% |
| Furniture and vehicles | 24 | €2,553 | €2,021 | -€533 | -20.9% |
| Current assets | 29/58 | €82,103 | €97,696 | +€15,593 | +19.0% |
| Amounts receivable within one year | 40/41 | €16,403 | €16,787 | +€384 | +2.3% |
| Trade receivables | 40 | - | €75 | +€75 | |
| Other amounts receivable | 41 | €16,403 | €16,712 | +€309 | +1.9% |
| Cash at bank and in hand | 54/58 | €61,135 | €74,233 | +€13,097 | +21.4% |
| Deferred charges and accrued income | 490/1 | €4,564 | €6,676 | +€2,112 | +46.3% |
| Total equity and liabilities | 10/49 | €84,656 | €99,717 | +€15,061 | +17.8% |
| Equity | 10/15 | €83,826 | €99,717 | +€15,890 | +19.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €80,826 | €96,717 | +€15,890 | +19.7% |
| Distributable reserves | 133 | €80,826 | €96,717 | +€15,890 | +19.7% |
| Amounts payable | 17/49 | €830 | - | -€830 | |
| Amounts payable within one year | 42/48 | €830 | - | -€830 | |
| Trade debts | 44 | €41 | - | -€41 | |
| Suppliers | 440/4 | €41 | - | -€41 | |
| Taxes, remuneration and social security | 45 | €789 | - | -€789 | |
| Taxes | 450/3 | €789 | - | -€789 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €109 | €533 | +€423 | +388% |
| Other operating charges | 640/8 | €468 | €591 | +€123 | +26.2% |
| Gross operating margin | 9900 | €19,278 | €21,365 | +€2,088 | +10.8% |
| Operating profit (loss) | 9901 | €18,700 | €20,242 | +€1,541 | +8.2% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €47 | €157 | +€110 | +237% |
| Recurring financial charges | 65 | €47 | €157 | +€110 | +237% |
| Profit (loss) for the period before taxes | 9903 | €18,654 | €20,085 | +€1,431 | +7.7% |
| Income taxes | 67/77 | €3,747 | €4,195 | +€447 | +11.9% |
| Profit (loss) for the period | 9904 | €14,906 | €15,890 | +€984 | +6.6% |
| Profit (loss) for the period to be appropriated | 9905 | €14,906 | €15,890 | +€984 | +6.6% |
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 15 October 2026 via checked.be.