Wide Open Thomas Beauduin: 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 Thomas Beauduin
Largest movements
- Cash +€11,433
up €11,433 (+23.1%), from €49,401 to €60,834
mainly Depreciation (+€14,413) and Net result for the year (+€13,123)
- Tangible fixed assets -€8,872
down €8,872 (-3.3%), from €272,796 to €263,924
of which Land and buildings: -€10,988
- Receivables within one year -€4,450
down €4,450 (-12.2%), from €36,490 to €32,040
of which Trade receivables: -€11,936
- Stocks and contracts -€3,645
no longer reported in 2025 (was €3,645)
- Profit (loss) carried forward +€13,123
up €13,123 (+10.7%), from €122,976 to €136,099
- Debts after one year -€12,440
down €12,440 (-6.1%), from €202,883 to €190,443
- Other debts -€6,209
no longer reported in 2025 (was €6,209)
- Taxes +€5,368
up €5,368 (+114%), from €4,716 to €10,084
- Gross operating margin +€4,478
up €4,478 (+11.3%), from €39,509 to €43,987
- Depreciation -€734
down €734 (-4.8%), from €15,147 to €14,413
- Financial charges +€672
up €672 (+16.0%), from €4,188 to €4,860
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 | €363,040 | €356,947 | -€6,093 | -1.7% |
| Fixed assets | 21/28 | €272,796 | €263,924 | -€8,872 | -3.3% |
| Tangible fixed assets | 22/27 | €272,796 | €263,924 | -€8,872 | -3.3% |
| Land and buildings | 22 | €266,946 | €255,958 | -€10,988 | -4.1% |
| Furniture and vehicles | 24 | €5,851 | €7,966 | +€2,116 | +36.2% |
| Current assets | 29/58 | €90,244 | €93,023 | +€2,779 | +3.1% |
| Stocks and contracts in progress | 3 | €3,645 | - | -€3,645 | |
| Stocks | 30/36 | €3,645 | - | -€3,645 | |
| Amounts receivable within one year | 40/41 | €36,490 | €32,040 | -€4,450 | -12.2% |
| Trade receivables | 40 | €36,490 | €24,555 | -€11,936 | -32.7% |
| Other amounts receivable | 41 | - | €7,486 | +€7,486 | |
| Cash at bank and in hand | 54/58 | €49,401 | €60,834 | +€11,433 | +23.1% |
| Deferred charges and accrued income | 490/1 | €707 | €148 | -€559 | -79.0% |
| Total equity and liabilities | 10/49 | €363,040 | €356,947 | -€6,093 | -1.7% |
| Equity | 10/15 | €125,476 | €138,599 | +€13,123 | +10.5% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €122,976 | €136,099 | +€13,123 | +10.7% |
| Amounts payable | 17/49 | €237,564 | €218,347 | -€19,217 | -8.1% |
| Amounts payable after more than one year | 17 | €202,883 | €190,443 | -€12,440 | -6.1% |
| Financial debts | 170/4 | €202,883 | €190,443 | -€12,440 | -6.1% |
| Amounts payable within one year | 42/48 | €34,681 | €27,905 | -€6,777 | -19.5% |
| Current portion of amounts payable after more than one year | 42 | €12,230 | €12,440 | +€210 | +1.7% |
| Trade debts | 44 | €4,662 | €2,557 | -€2,105 | -45.1% |
| Suppliers | 440/4 | €4,662 | €2,557 | -€2,105 | -45.1% |
| Taxes, remuneration and social security | 45 | €11,581 | €12,908 | +€1,327 | +11.5% |
| Taxes | 450/3 | €11,581 | €12,908 | +€1,327 | +11.5% |
| Other amounts payable | 47/48 | €6,209 | - | -€6,209 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,147 | €14,413 | -€734 | -4.8% |
| Other operating charges | 640/8 | €1,394 | €1,575 | +€181 | +13.0% |
| Gross operating margin | 9900 | €39,509 | €43,987 | +€4,478 | +11.3% |
| Operating profit (loss) | 9901 | €22,968 | €27,998 | +€5,030 | +21.9% |
| Financial income | 75/76B | - | €69 | +€69 | |
| Recurring financial income | 75 | - | €69 | +€69 | |
| Financial charges | 65/66B | €4,188 | €4,860 | +€672 | +16.0% |
| Recurring financial charges | 65 | €4,188 | €4,860 | +€672 | +16.0% |
| Profit (loss) for the period before taxes | 9903 | €18,779 | €23,207 | +€4,428 | +23.6% |
| Income taxes | 67/77 | €4,716 | €10,084 | +€5,368 | +114% |
| Profit (loss) for the period | 9904 | €14,063 | €13,123 | -€940 | -6.7% |
| Profit (loss) for the period to be appropriated | 9905 | €14,063 | €13,123 | -€940 | -6.7% |
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 18 October 2026 via checked.be.