WIDEC: 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.
WIDEC
Largest movements
- Receivables within one year -€43,597
down €43,597 (-90.1%), from €48,390 to €4,793
of which Trade receivables: -€42,574
- Cash +€39,454
up €39,454 (+13.2%), from €299,455 to €338,910
mainly Net result for the year (+€68,985) and Receivables within one year (+€43,597)
- Tangible fixed assets -€19,985
down €19,985 (-21.6%), from €92,323 to €72,339
- Stocks and contracts +€11,938
up €11,938 (+147.6%), from €8,089 to €20,027
- Profit (loss) carried forward +€68,985
up €68,985 (+27.4%), from €251,557 to €320,542
- Trade debts -€57,367
down €57,367 (-92.3%), from €62,142 to €4,775
- Tax, wage and social debts -€17,427
down €17,427 (-20.8%), from €83,962 to €66,535
of which Remuneration and social security: -€17,572
- Debts after one year -€6,865
down €6,865 (-38.3%), from €17,935 to €11,070
- Staff costs -€96,611
down €96,611 (-23.6%), from €409,104 to €312,493
- Gross operating margin -€42,505
down €42,505 (-8.9%), from €476,783 to €434,278
- Taxes +€14,562
up €14,562 (+133.4%), from €10,915 to €25,477
- Depreciation -€7,630
down €7,630 (-26.0%), from €29,327 to €21,697
From the 31-03-2025 result to the 31-12-2025 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 31-03-2025 and 31-12-2025 balance sheets and the 31-12-2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 31-03-2025 | 31-12-2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €451,301 | €436,179 | -€15,122 | -3.4% |
| Fixed assets | 21/28 | €92,323 | €72,339 | -€19,985 | -21.6% |
| Tangible fixed assets | 22/27 | €92,323 | €72,339 | -€19,985 | -21.6% |
| Plant, machinery and equipment | 23 | €28,980 | €21,315 | -€7,665 | -26.4% |
| Leasing and similar rights | 25 | €3,462 | €0 | -€3,462 | -100.0% |
| Other tangible fixed assets | 26 | €59,881 | €51,024 | -€8,858 | -14.8% |
| Current assets | 29/58 | €358,978 | €363,840 | +€4,862 | +1.4% |
| Stocks and contracts in progress | 3 | €8,089 | €20,027 | +€11,938 | +147.6% |
| Stocks | 30/36 | €8,089 | €20,027 | +€11,938 | +147.6% |
| Amounts receivable within one year | 40/41 | €48,390 | €4,793 | -€43,597 | -90.1% |
| Trade receivables | 40 | €43,985 | €1,411 | -€42,574 | -96.8% |
| Other amounts receivable | 41 | €4,405 | €3,382 | -€1,023 | -23.2% |
| Cash at bank and in hand | 54/58 | €299,455 | €338,910 | +€39,454 | +13.2% |
| Deferred charges and accrued income | 490/1 | €3,043 | €111 | -€2,932 | -96.4% |
| Total equity and liabilities | 10/49 | €451,301 | €436,179 | -€15,122 | -3.4% |
| Equity | 10/15 | €273,142 | €342,127 | +€68,985 | +25.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €2,985 | €2,985 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,125 | €1,125 | = | 0.0% |
| Profit (loss) carried forward | 14 | €251,557 | €320,542 | +€68,985 | +27.4% |
| Amounts payable | 17/49 | €178,159 | €94,052 | -€84,107 | -47.2% |
| Amounts payable after more than one year | 17 | €17,935 | €11,070 | -€6,865 | -38.3% |
| Financial debts | 170/4 | €17,935 | €11,070 | -€6,865 | -38.3% |
| Amounts payable within one year | 42/48 | €160,224 | €82,982 | -€77,242 | -48.2% |
| Current portion of amounts payable after more than one year | 42 | €13,482 | €9,587 | -€3,895 | -28.9% |
| Trade debts | 44 | €62,142 | €4,775 | -€57,367 | -92.3% |
| Suppliers | 440/4 | €62,142 | €4,775 | -€57,367 | -92.3% |
| Advances received on contracts in progress | 46 | €540 | €2,085 | +€1,545 | +286.1% |
| Taxes, remuneration and social security | 45 | €83,962 | €66,535 | -€17,427 | -20.8% |
| Taxes | 450/3 | €32,021 | €32,165 | +€145 | +0.5% |
| Remuneration and social security | 454/9 | €51,942 | €34,370 | -€17,572 | -33.8% |
| Other amounts payable | 47/48 | €98 | €0 | -€98 | -100.0% |
| Remuneration, social security and pensions | 62 | €409,104 | €312,493 | -€96,611 | -23.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,327 | €21,697 | -€7,630 | -26.0% |
| Other operating charges | 640/8 | €2,735 | €3,640 | +€905 | +33.1% |
| Gross operating margin | 9900 | €476,783 | €434,278 | -€42,505 | -8.9% |
| Operating profit (loss) | 9901 | €35,617 | €96,448 | +€60,831 | +170.8% |
| Financial income | 75/76B | €3,602 | €1,075 | -€2,527 | -70.2% |
| Recurring financial income | 75 | €3,602 | €1,075 | -€2,527 | -70.2% |
| Financial charges | 65/66B | €4,531 | €3,060 | -€1,471 | -32.5% |
| Recurring financial charges | 65 | €4,531 | €3,060 | -€1,471 | -32.5% |
| Profit (loss) for the period before taxes | 9903 | €34,688 | €94,463 | +€59,775 | +172.3% |
| Income taxes | 67/77 | €10,915 | €25,477 | +€14,562 | +133.4% |
| Profit (loss) for the period | 9904 | €23,773 | €68,985 | +€45,213 | +190.2% |
| Profit (loss) for the period to be appropriated | 9905 | €23,773 | €68,985 | +€45,213 | +190.2% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 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.