WENDY GORIS: 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 GORIS
Largest movements
- Current investments +€26,532
up €26,532 (+26.5%), from €100,000 to €126,532
- Receivables within one year -€14,836
down €14,836 (-97.6%), from €15,207 to €371
of which Trade receivables: -€10,756
- Tangible fixed assets +€10,798
up €10,798 (+152%), from €7,123 to €17,922
of which Furniture and vehicles: +€11,966
- Deferred charges and accrued income +€7,835
up €7,835 (+952%), from €823 to €8,658
- Cash -€4,767
down €4,767 (-12.5%), from €38,202 to €33,435
mainly Current investments (-€26,532) and Investment in fixed assets (net) (-€13,954)
- Reserves +€28,262
up €28,262 (+19.9%), from €141,726 to €169,989
- Gross operating margin +€9,713
up €9,713 (+28.4%), from €34,145 to €43,858
- Taxes +€5,047
up €5,047 (+57.4%), from €8,793 to €13,841
- Financial income +€1,753
up €1,753 (+293%), from €597 to €2,350
- Depreciation +€881
up €881 (+38.7%), from €2,275 to €3,156
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 | €161,355 | €186,917 | +€25,562 | +15.8% |
| Fixed assets | 21/28 | €7,123 | €17,922 | +€10,798 | +152% |
| Tangible fixed assets | 22/27 | €7,123 | €17,922 | +€10,798 | +152% |
| Land and buildings | 22 | €5,971 | €5,594 | -€378 | -6.3% |
| Plant, machinery and equipment | 23 | €1,152 | €362 | -€790 | -68.6% |
| Furniture and vehicles | 24 | - | €11,966 | +€11,966 | |
| Current assets | 29/58 | €154,231 | €168,995 | +€14,764 | +9.6% |
| Amounts receivable within one year | 40/41 | €15,207 | €371 | -€14,836 | -97.6% |
| Trade receivables | 40 | €10,756 | €0 | -€10,756 | -100% |
| Other amounts receivable | 41 | €4,451 | €371 | -€4,080 | -91.7% |
| Current investments | 50/53 | €100,000 | €126,532 | +€26,532 | +26.5% |
| Cash at bank and in hand | 54/58 | €38,202 | €33,435 | -€4,767 | -12.5% |
| Deferred charges and accrued income | 490/1 | €823 | €8,658 | +€7,835 | +952% |
| Total equity and liabilities | 10/49 | €161,355 | €186,917 | +€25,562 | +15.8% |
| Equity | 10/15 | €156,029 | €184,291 | +€28,262 | +18.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €141,726 | €169,989 | +€28,262 | +19.9% |
| Distributable reserves | 133 | €141,726 | €169,989 | +€28,262 | +19.9% |
| Profit (loss) carried forward | 14 | €8,102 | €8,102 | = | 0.0% |
| Amounts payable | 17/49 | €5,326 | €2,626 | -€2,700 | -50.7% |
| Amounts payable within one year | 42/48 | €5,326 | €2,626 | -€2,700 | -50.7% |
| Trade debts | 44 | €1,933 | €285 | -€1,647 | -85.2% |
| Suppliers | 440/4 | €1,933 | €285 | -€1,647 | -85.2% |
| Taxes, remuneration and social security | 45 | €2,245 | €2,341 | +€96 | +4.3% |
| Taxes | 450/3 | €2,245 | €2,341 | +€96 | +4.3% |
| Other amounts payable | 47/48 | €1,149 | €0 | -€1,149 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,275 | €3,156 | +€881 | +38.7% |
| Other operating charges | 640/8 | €821 | €846 | +€25 | +3.1% |
| Gross operating margin | 9900 | €34,145 | €43,858 | +€9,713 | +28.4% |
| Operating profit (loss) | 9901 | €31,049 | €39,856 | +€8,807 | +28.4% |
| Financial income | 75/76B | €597 | €2,350 | +€1,753 | +293% |
| Recurring financial income | 75 | €597 | €2,350 | +€1,753 | +293% |
| Financial charges | 65/66B | €408 | €104 | -€304 | -74.6% |
| Recurring financial charges | 65 | €408 | €104 | -€304 | -74.6% |
| Profit (loss) for the period before taxes | 9903 | €31,239 | €42,103 | +€10,864 | +34.8% |
| Income taxes | 67/77 | €8,793 | €13,841 | +€5,047 | +57.4% |
| Profit (loss) for the period | 9904 | €22,446 | €28,262 | +€5,816 | +25.9% |
| Profit (loss) for the period to be appropriated | 9905 | €22,446 | €28,262 | +€5,816 | +25.9% |
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 20 October 2026 via checked.be.