WiDeCo: what changed
Two fiscal 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.
WiDeCo
Largest movements
- Current investments +€116,057
up €116,057 (+14.4%), from €803,395 to €919,452
- Receivables within one year -€73,108
down €73,108 (-99.7%), from €73,328 to €220
of which Trade receivables: -€73,328
- Tangible fixed assets +€63,074
up €63,074 (+120.3%), from €52,419 to €115,493
of which Furniture and vehicles: +€65,970
- Cash -€24,594
down €24,594 (-14.8%), from €165,845 to €141,250
mainly Current investments (-€116,057) and Investment in fixed assets (net) (-€87,796)
- Reserves +€77,167
up €77,167 (+8.6%), from €893,755 to €970,922
of which Distributable reserves: +€77,167
- Accrued charges and deferred income -€37,102
no longer reported in 2025 (was €37,102)
- Debts after one year +€27,770
up €27,770 (+132.9%), from €20,888 to €48,658
- Current portion of long-term debt +€25,039
up €25,039 (+193.7%), from €12,930 to €37,969
- Tax, wage and social debts -€12,075
down €12,075 (-39.9%), from €30,257 to €18,181
- Financial income +€26,000
up €26,000 (+252.5%), from €10,295 to €36,295
- Gross operating margin +€21,423
up €21,423 (+25.7%), from €83,502 to €104,925
- Taxes +€12,095
up €12,095 (+53.5%), from €22,616 to €34,711
- Depreciation +€5,957
up €5,957 (+31.7%), from €18,765 to €24,723
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 | €1,095,403 | €1,176,415 | +€81,012 | +7.4% |
| Fixed assets | 21/28 | €52,419 | €115,493 | +€63,074 | +120.3% |
| Tangible fixed assets | 22/27 | €52,419 | €115,493 | +€63,074 | +120.3% |
| Land and buildings | 22 | €447 | €335 | -€112 | -25.0% |
| Plant, machinery and equipment | 23 | €13,439 | €13,566 | +€127 | +0.9% |
| Furniture and vehicles | 24 | €33,373 | €99,343 | +€65,970 | +197.7% |
| Other tangible fixed assets | 26 | €5,160 | €2,248 | -€2,912 | -56.4% |
| Current assets | 29/58 | €1,042,984 | €1,060,922 | +€17,938 | +1.7% |
| Amounts receivable within one year | 40/41 | €73,328 | €220 | -€73,108 | -99.7% |
| Trade receivables | 40 | €73,328 | - | -€73,328 | |
| Other amounts receivable | 41 | - | €220 | +€220 | |
| Current investments | 50/53 | €803,395 | €919,452 | +€116,057 | +14.4% |
| Cash at bank and in hand | 54/58 | €165,845 | €141,250 | -€24,594 | -14.8% |
| Deferred charges and accrued income | 490/1 | €417 | - | -€417 | |
| Total equity and liabilities | 10/49 | €1,095,403 | €1,176,415 | +€81,012 | +7.4% |
| Equity | 10/15 | €986,621 | €1,063,787 | +€77,167 | +7.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €893,755 | €970,922 | +€77,167 | +8.6% |
| Tax-exempt reserves | 132 | €1,518 | €1,518 | = | 0.0% |
| Distributable reserves | 133 | €892,237 | €969,403 | +€77,167 | +8.6% |
| Profit (loss) carried forward | 14 | €86,666 | €86,666 | = | 0.0% |
| Amounts payable | 17/49 | €108,782 | €112,627 | +€3,845 | +3.5% |
| Amounts payable after more than one year | 17 | €20,888 | €48,658 | +€27,770 | +132.9% |
| Financial debts | 170/4 | €20,888 | €48,658 | +€27,770 | +132.9% |
| Amounts payable within one year | 42/48 | €50,793 | €63,969 | +€13,177 | +25.9% |
| Current portion of amounts payable after more than one year | 42 | €12,930 | €37,969 | +€25,039 | +193.7% |
| Trade debts | 44 | €995 | €1,213 | +€218 | +21.9% |
| Suppliers | 440/4 | €995 | €1,213 | +€218 | +21.9% |
| Taxes, remuneration and social security | 45 | €30,257 | €18,181 | -€12,075 | -39.9% |
| Taxes | 450/3 | €30,257 | €18,181 | -€12,075 | -39.9% |
| Other amounts payable | 47/48 | €6,611 | €6,606 | -€6 | -0.1% |
| Accrued charges and deferred income | 492/3 | €37,102 | - | -€37,102 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,765 | €24,723 | +€5,957 | +31.7% |
| Other operating charges | 640/8 | €2,057 | €1,552 | -€505 | -24.5% |
| Gross operating margin | 9900 | €83,502 | €104,925 | +€21,423 | +25.7% |
| Operating profit (loss) | 9901 | €62,680 | €78,650 | +€15,970 | +25.5% |
| Financial income | 75/76B | €10,295 | €36,295 | +€26,000 | +252.5% |
| Recurring financial income | 75 | €10,295 | €36,295 | +€26,000 | +252.5% |
| Financial charges | 65/66B | €1,059 | €1,737 | +€679 | +64.1% |
| Recurring financial charges | 65 | €1,059 | €1,737 | +€679 | +64.1% |
| Profit (loss) for the period before taxes | 9903 | €71,916 | €113,208 | +€41,292 | +57.4% |
| Income taxes | 67/77 | €22,616 | €34,711 | +€12,095 | +53.5% |
| Profit (loss) for the period | 9904 | €49,300 | €78,497 | +€29,197 | +59.2% |
| Profit (loss) for the period to be appropriated | 9905 | €49,300 | €78,497 | +€29,197 | +59.2% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.