WIDE OPEN: 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.
WIDE OPEN
Largest movements
- Receivables after one year +€35,231
new in 2025: €35,231
of which Trade receivables: +€31,027
- Receivables within one year -€14,064
no longer reported in 2025 (was €14,064)
of which Trade receivables: -€8,450
- Cash -€8,386
down €8,386 (-14.3%), from €58,605 to €50,219
mainly Receivables after one year (-€35,231) and Other debts (-€12,535)
- Tangible fixed assets -€2,420
down €2,420 (-27.3%), from €8,867 to €6,447
of which Plant, machinery and equipment: -€2,507
- Profit (loss) carried forward +€15,272
up €15,272 (+30.4%), from -€50,179 to -€34,907
- Other debts -€12,535
down €12,535 (-50.1%), from €25,008 to €12,473
- Tax, wage and social debts +€4,653
new in 2025: €4,653
- Trade debts +€2,993
up €2,993 (+95.9%), from €3,120 to €6,113
- Gross operating margin +€21,035
up €21,035, from -€2,342 to €18,693
- Depreciation -€2,071
down €2,071 (-46.1%), from €4,491 to €2,420
- Taxes -€808
no longer reported in 2025 (was €808)
- Other operating charges -€478
down €478 (-33.5%), from €1,427 to €949
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 | €81,950 | €92,333 | +€10,383 | +12.7% |
| Fixed assets | 21/28 | €8,892 | €6,472 | -€2,420 | -27.2% |
| Tangible fixed assets | 22/27 | €8,867 | €6,447 | -€2,420 | -27.3% |
| Plant, machinery and equipment | 23 | €8,508 | €6,001 | -€2,507 | -29.5% |
| Furniture and vehicles | 24 | €359 | €446 | +€87 | +24.2% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €73,058 | €85,861 | +€12,803 | +17.5% |
| Amounts receivable after more than one year | 29 | - | €35,231 | +€35,231 | |
| Trade receivables | 290 | - | €31,027 | +€31,027 | |
| Other amounts receivable | 291 | - | €4,204 | +€4,204 | |
| Amounts receivable within one year | 40/41 | €14,064 | - | -€14,064 | |
| Trade receivables | 40 | €8,450 | - | -€8,450 | |
| Other amounts receivable | 41 | €5,614 | - | -€5,614 | |
| Cash at bank and in hand | 54/58 | €58,605 | €50,219 | -€8,386 | -14.3% |
| Deferred charges and accrued income | 490/1 | €389 | €411 | +€22 | +5.7% |
| Total equity and liabilities | 10/49 | €81,950 | €92,333 | +€10,383 | +12.7% |
| Equity | 10/15 | €53,822 | €69,094 | +€15,272 | +28.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €97,801 | €97,801 | = | 0.0% |
| Tax-exempt reserves | 132 | €209 | €209 | = | 0.0% |
| Distributable reserves | 133 | €97,592 | €97,592 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€50,179 | -€34,907 | +€15,272 | +30.4% |
| Amounts payable | 17/49 | €28,128 | €23,239 | -€4,889 | -17.4% |
| Amounts payable within one year | 42/48 | €28,128 | €23,239 | -€4,889 | -17.4% |
| Trade debts | 44 | €3,120 | €6,113 | +€2,993 | +95.9% |
| Suppliers | 440/4 | €3,120 | €6,113 | +€2,993 | +95.9% |
| Taxes, remuneration and social security | 45 | - | €4,653 | +€4,653 | |
| Taxes | 450/3 | - | €4,653 | +€4,653 | |
| Other amounts payable | 47/48 | €25,008 | €12,473 | -€12,535 | -50.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,491 | €2,420 | -€2,071 | -46.1% |
| Other operating charges | 640/8 | €1,427 | €949 | -€478 | -33.5% |
| Gross operating margin | 9900 | -€2,342 | €18,693 | +€21,035 | |
| Operating profit (loss) | 9901 | -€8,260 | €15,324 | +€23,584 | |
| Financial charges | 65/66B | €105 | €52 | -€53 | -50.5% |
| Recurring financial charges | 65 | €105 | €52 | -€53 | -50.5% |
| Profit (loss) for the period before taxes | 9903 | -€8,365 | €15,272 | +€23,637 | |
| Income taxes | 67/77 | €808 | - | -€808 | |
| Profit (loss) for the period | 9904 | -€9,173 | €15,272 | +€24,445 | |
| Profit (loss) for the period to be appropriated | 9905 | -€9,173 | €15,272 | +€24,445 |
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 24 October 2026 via checked.be.