WIDDER: 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.
WIDDER
Largest movements
- Stocks and contracts +€239,950
up €239,950 (+6863.3%), from €3,496 to €243,446
of which Contracts in progress: +€240,000
- Receivables within one year -€160,820
down €160,820 (-61.9%), from €259,697 to €98,877
of which Trade receivables: -€162,406
- Cash -€141,165
down €141,165 (-89.5%), from €157,807 to €16,643
mainly Stocks and contracts (-€239,950) and Investment in fixed assets (net) (-€53,199)
- Tangible fixed assets +€44,654
new in 2025: €44,654
- Trade debts -€33,909
down €33,909 (-58.3%), from €58,194 to €24,285
- Debts after one year +€31,257
new in 2025: €31,257
- Tax, wage and social debts -€17,745
down €17,745 (-18.8%), from €94,261 to €76,517
of which Remuneration and social security: -€29,249
- Current portion of long-term debt +€8,995
new in 2025: €8,995
- Staff costs +€57,201
up €57,201 (+12.5%), from €458,098 to €515,299
- Gross operating margin +€45,616
up €45,616 (+10.5%), from €433,430 to €479,046
- Write-downs -€13,748
down €13,748 (-40.0%), from -€34,379 to -€48,127
- Depreciation +€8,546
new in 2025: €8,546
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 | €422,758 | €407,735 | -€15,023 | -3.6% |
| Fixed assets | 21/28 | - | €44,654 | +€44,654 | |
| Tangible fixed assets | 22/27 | - | €44,654 | +€44,654 | |
| Furniture and vehicles | 24 | - | €44,654 | +€44,654 | |
| Current assets | 29/58 | €422,758 | €363,082 | -€59,676 | -14.1% |
| Stocks and contracts in progress | 3 | €3,496 | €243,446 | +€239,950 | +6863.3% |
| Stocks | 30/36 | €3,496 | €3,446 | -€50 | -1.4% |
| Contracts in progress | 37 | - | €240,000 | +€240,000 | |
| Amounts receivable within one year | 40/41 | €259,697 | €98,877 | -€160,820 | -61.9% |
| Trade receivables | 40 | €244,912 | €82,506 | -€162,406 | -66.3% |
| Other amounts receivable | 41 | €14,785 | €16,371 | +€1,586 | +10.7% |
| Cash at bank and in hand | 54/58 | €157,807 | €16,643 | -€141,165 | -89.5% |
| Deferred charges and accrued income | 490/1 | €1,758 | €4,116 | +€2,358 | +134.1% |
| Total equity and liabilities | 10/49 | €422,758 | €407,735 | -€15,023 | -3.6% |
| Equity | 10/15 | €268,803 | €266,682 | -€2,121 | -0.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €254,159 | €254,159 | = | 0.0% |
| Distributable reserves | 133 | €254,159 | €254,159 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,245 | €123 | -€2,121 | -94.5% |
| Amounts payable | 17/49 | €153,955 | €141,053 | -€12,901 | -8.4% |
| Amounts payable after more than one year | 17 | - | €31,257 | +€31,257 | |
| Financial debts | 170/4 | - | €31,257 | +€31,257 | |
| Amounts payable within one year | 42/48 | €153,955 | €109,796 | -€44,158 | -28.7% |
| Current portion of amounts payable after more than one year | 42 | - | €8,995 | +€8,995 | |
| Trade debts | 44 | €58,194 | €24,285 | -€33,909 | -58.3% |
| Suppliers | 440/4 | €58,194 | €24,285 | -€33,909 | -58.3% |
| Taxes, remuneration and social security | 45 | €94,261 | €76,517 | -€17,745 | -18.8% |
| Taxes | 450/3 | €17,017 | €28,521 | +€11,504 | +67.6% |
| Remuneration and social security | 454/9 | €77,245 | €47,996 | -€29,249 | -37.9% |
| Other amounts payable | 47/48 | €1,499 | €0 | -€1,499 | -100.0% |
| Remuneration, social security and pensions | 62 | €458,098 | €515,299 | +€57,201 | +12.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €8,546 | +€8,546 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€34,379 | -€48,127 | -€13,748 | -40.0% |
| Other operating charges | 640/8 | €948 | €256 | -€692 | -73.0% |
| Gross operating margin | 9900 | €433,430 | €479,046 | +€45,616 | +10.5% |
| Operating profit (loss) | 9901 | €8,763 | €3,072 | -€5,691 | -64.9% |
| Financial income | 75/76B | €1,323 | €1 | -€1,322 | -99.9% |
| Recurring financial income | 75 | €1,323 | €1 | -€1,322 | -99.9% |
| Financial charges | 65/66B | €307 | €1,464 | +€1,157 | +376.5% |
| Recurring financial charges | 65 | €307 | €1,464 | +€1,157 | +376.5% |
| Profit (loss) for the period before taxes | 9903 | €9,778 | €1,608 | -€8,170 | -83.6% |
| Income taxes | 67/77 | €7,534 | €3,730 | -€3,804 | -50.5% |
| Profit (loss) for the period | 9904 | €2,245 | -€2,121 | -€4,366 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,245 | -€2,121 | -€4,366 |
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 9 October 2026 via checked.be.