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WIDE AREA NETWORK: 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.

What changed

WIDE AREA NETWORK

BE 0466.369.169
NACE 46.500, Wholesale of information and communication equipment
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€583
2024 · €3,530-€2,947
Equity
€27,143
2024 · €26,560+€583
Cash
€44,217
2024 · €15,078+€29,139
Balance sheet total
€53,859
2024 · €51,930+€1,929

Largest movements

2024 to 2025
Assets
  • Cash +€29,139

    up €29,139 (+193%), from €15,078 to €44,217

    mainly Receivables within one year (+€21,163) and Depreciation (+€6,047)

  • Receivables within one year -€21,163

    down €21,163 (-97.5%), from €21,704 to €541

    of which Trade receivables: -€21,163

  • Tangible fixed assets -€6,047

    down €6,047 (-44.4%), from €13,630 to €7,583

Equity and liabilities
  • Trade debts +€2,114

    up €2,114 (+99.7%), from €2,121 to €4,235

  • Other debts -€1,714

    down €1,714 (-10.3%), from €16,600 to €14,886

  • Tax, wage and social debts +€946

    up €946 (+14.2%), from €6,649 to €7,595

  • Profit (loss) carried forward +€583

    up €583 (+8.9%), from €6,560 to €7,143

Income statement
  • Gross operating margin +€2,056

    up €2,056 (+20.2%), from €10,189 to €12,245

  • Depreciation +€1,536

    up €1,536 (+34.1%), from €4,510 to €6,047

  • Staff costs +€1,465

    new in 2025: €1,465

  • Taxes +€1,071

    up €1,071 (+187%), from €571 to €1,642

  • Other operating charges +€834

    up €834 (+67.9%), from €1,228 to €2,062

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €3,530
Gross operating margin +€2,056
Staff costs -€1,465
Depreciation -€1,536
Other operating charges -€834
Financial charges -€97
Taxes -€1,071
Result 2025 €583
raises the resultlowers the result

Derived cash bridge

cash 2024 to 2025

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.

From operations +€29,139
Investment €0
Financing €0
Cash 2024 €15,078
Net result for the year +€583
Depreciation +€6,047
Receivables within one year +€21,163
Trade debts +€2,114
Tax, wage and social debts +€946
Other debts -€1,714
Cash 2025 €44,217
brings cash intakes cash out
Every line side by side 33 lines
Line Code 2024 2025 Change %
Total assets 20/58 €51,930 €53,859 +€1,929 +3.7%
Fixed assets 21/28 €13,630 €7,583 -€6,047 -44.4%
Tangible fixed assets 22/27 €13,630 €7,583 -€6,047 -44.4%
Furniture and vehicles 24 €13,630 €7,583 -€6,047 -44.4%
Current assets 29/58 €38,300 €46,275 +€7,976 +20.8%
Stocks and contracts in progress 3 €1,517 €1,517 = 0.0%
Stocks 30/36 €1,517 €1,517 = 0.0%
Amounts receivable within one year 40/41 €21,704 €541 -€21,163 -97.5%
Trade receivables 40 €21,674 €510 -€21,163 -97.6%
Other amounts receivable 41 €31 €31 = 0.0%
Cash at bank and in hand 54/58 €15,078 €44,217 +€29,139 +193%
Total equity and liabilities 10/49 €51,930 €53,859 +€1,929 +3.7%
Equity 10/15 €26,560 €27,143 +€583 +2.2%
Contributions 10/11 €20,000 €20,000 = 0.0%
Profit (loss) carried forward 14 €6,560 €7,143 +€583 +8.9%
Amounts payable 17/49 €25,370 €26,715 +€1,346 +5.3%
Amounts payable within one year 42/48 €25,370 €26,715 +€1,346 +5.3%
Trade debts 44 €2,121 €4,235 +€2,114 +99.7%
Suppliers 440/4 €2,121 €4,235 +€2,114 +99.7%
Taxes, remuneration and social security 45 €6,649 €7,595 +€946 +14.2%
Taxes 450/3 €6,649 €7,595 +€946 +14.2%
Other amounts payable 47/48 €16,600 €14,886 -€1,714 -10.3%
Remuneration, social security and pensions 62 - €1,465 +€1,465
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €4,510 €6,047 +€1,536 +34.1%
Other operating charges 640/8 €1,228 €2,062 +€834 +67.9%
Gross operating margin 9900 €10,189 €12,245 +€2,056 +20.2%
Operating profit (loss) 9901 €4,451 €2,671 -€1,780 -40.0%
Financial charges 65/66B €349 €446 +€97 +27.8%
Recurring financial charges 65 €349 €446 +€97 +27.8%
Profit (loss) for the period before taxes 9903 €4,102 €2,225 -€1,877 -45.8%
Income taxes 67/77 €571 €1,642 +€1,071 +187%
Profit (loss) for the period 9904 €3,530 €583 -€2,947 -83.5%
Profit (loss) for the period to be appropriated 9905 €3,530 €583 -€2,947 -83.5%

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 22 October 2026 via checked.be.