WIARD CONSTRUCT: what changed
Two fiscal 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.
WIARD CONSTRUCT
Largest movements
- Cash +€6,426
up €6,426 (+310.8%), from €2,067 to €8,494
mainly Net result for the year (+€51,631) and Tax, wage and social debts (+€11,141)
- Receivables within one year -€4,642
down €4,642 (-7.0%), from €66,337 to €61,695
of which Other amounts receivable: -€10,030
- Tangible fixed assets -€4,288
down €4,288 (-22.5%), from €19,044 to €14,756
of which Plant, machinery and equipment: -€4,486
- Trade debts -€39,933
down €39,933 (-83.3%), from €47,934 to €8,002
- Profit (loss) carried forward +€31,276
no longer reported in 2025 (was -€31,276)
- Tax, wage and social debts +€11,141
up €11,141 (+28.9%), from €38,598 to €49,739
of which Taxes: +€17,293
- Current portion of long-term debt -€5,171
no longer reported in 2025 (was €5,171)
- Staff costs -€121,679
down €121,679 (-87.0%), from €139,818 to €18,139
- Taxes +€14,898
up €14,898, from -€294 to €14,605
- Gross operating margin -€14,472
down €14,472 (-10.6%), from €136,392 to €121,920
- Other operating charges +€9,982
up €9,982 (+1586.1%), from €629 to €10,612
- Depreciation -€2,766
down €2,766 (-27.5%), from €10,068 to €7,302
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.
Cash bridge derived
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 | €88,466 | €85,779 | -€2,686 | -3.0% |
| Fixed assets | 21/28 | €19,679 | €15,391 | -€4,288 | -21.8% |
| Tangible fixed assets | 22/27 | €19,044 | €14,756 | -€4,288 | -22.5% |
| Plant, machinery and equipment | 23 | €16,845 | €12,359 | -€4,486 | -26.6% |
| Furniture and vehicles | 24 | €2,199 | €2,397 | +€198 | +9.0% |
| Financial fixed assets | 28 | €635 | €635 | = | 0.0% |
| Current assets | 29/58 | €68,787 | €70,389 | +€1,602 | +2.3% |
| Amounts receivable within one year | 40/41 | €66,337 | €61,695 | -€4,642 | -7.0% |
| Trade receivables | 40 | €29,326 | €34,714 | +€5,388 | +18.4% |
| Other amounts receivable | 41 | €37,011 | €26,981 | -€10,030 | -27.1% |
| Current investments | 50/53 | €200 | €200 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €2,067 | €8,494 | +€6,426 | +310.8% |
| Deferred charges and accrued income | 490/1 | €182 | - | -€182 | |
| Total equity and liabilities | 10/49 | €88,466 | €85,779 | -€2,686 | -3.0% |
| Equity | 10/15 | -€12,676 | €18,600 | +€31,276 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€31,276 | - | +€31,276 | |
| Amounts payable | 17/49 | €101,142 | €67,179 | -€33,962 | -33.6% |
| Amounts payable after more than one year | 17 | €9,438 | €9,438 | = | 0.0% |
| Financial debts | 170/4 | €9,438 | €9,438 | = | 0.0% |
| Amounts payable within one year | 42/48 | €91,703 | €57,741 | -€33,962 | -37.0% |
| Current portion of amounts payable after more than one year | 42 | €5,171 | - | -€5,171 | |
| Trade debts | 44 | €47,934 | €8,002 | -€39,933 | -83.3% |
| Suppliers | 440/4 | €47,934 | €8,002 | -€39,933 | -83.3% |
| Taxes, remuneration and social security | 45 | €38,598 | €49,739 | +€11,141 | +28.9% |
| Taxes | 450/3 | €32,446 | €49,739 | +€17,293 | +53.3% |
| Remuneration and social security | 454/9 | €6,153 | - | -€6,153 | |
| Non-recurring operating income | 76A | - | €5,564 | +€5,564 | |
| Remuneration, social security and pensions | 62 | €139,818 | €18,139 | -€121,679 | -87.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,068 | €7,302 | -€2,766 | -27.5% |
| Other operating charges | 640/8 | €629 | €10,612 | +€9,982 | +1586.1% |
| Non-recurring operating charges | 66A | - | €17,711 | +€17,711 | |
| Gross operating margin | 9900 | €136,392 | €121,920 | -€14,472 | -10.6% |
| Operating profit (loss) | 9901 | -€14,123 | €68,157 | +€82,280 | |
| Financial income | 75/76B | €33 | €137 | +€105 | +321.8% |
| Recurring financial income | 75 | €33 | €137 | +€105 | +321.8% |
| Financial charges | 65/66B | €2,373 | €2,059 | -€314 | -13.2% |
| Recurring financial charges | 65 | €2,373 | €2,059 | -€314 | -13.2% |
| Profit (loss) for the period before taxes | 9903 | -€16,464 | €66,235 | +€82,699 | |
| Income taxes | 67/77 | -€294 | €14,605 | +€14,898 | |
| Profit (loss) for the period | 9904 | -€16,170 | €51,631 | +€67,801 | |
| Profit (loss) for the period to be appropriated | 9905 | -€16,170 | €51,631 | +€67,801 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.