WIDEPACK: 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.
WIDEPACK
Largest movements
- Stocks and contracts +€109,777
up €109,777 (+67.2%), from €163,244 to €273,021
- Receivables within one year +€84,648
up €84,648 (+5.5%), from €1.5m to €1.6m
of which Trade receivables: +€114,373
- Cash -€79,381
down €79,381 (-66.8%), from €118,923 to €39,542
mainly Stocks and contracts (-€109,777) and Receivables within one year (-€84,648)
- Reserves +€186,231
up €186,231 (+14.6%), from €1.3m to €1.5m
- Trade debts -€61,676
down €61,676 (-14.6%), from €422,047 to €360,370
- Gross operating margin -€54,395
down €54,395 (-19.2%), from €283,822 to €229,428
- Financial income +€17,117
up €17,117 (+31.6%), from €54,103 to €71,219
- Taxes -€13,499
down €13,499 (-13.0%), from €103,987 to €90,488
- Depreciation -€5,317
down €5,317 (-41.4%), from €12,849 to €7,532
- Write-downs +€3,655
new in 2025: €3,655
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 | €1,856,109 | €1,963,620 | +€107,511 | +5.8% |
| Fixed assets | 21/28 | €27,009 | €19,478 | -€7,532 | -27.9% |
| Tangible fixed assets | 22/27 | €27,009 | €19,478 | -€7,532 | -27.9% |
| Plant, machinery and equipment | 23 | €27,009 | €19,478 | -€7,532 | -27.9% |
| Current assets | 29/58 | €1,829,100 | €1,944,143 | +€115,043 | +6.3% |
| Stocks and contracts in progress | 3 | €163,244 | €273,021 | +€109,777 | +67.2% |
| Stocks | 30/36 | €163,244 | €273,021 | +€109,777 | +67.2% |
| Amounts receivable within one year | 40/41 | €1,546,932 | €1,631,580 | +€84,648 | +5.5% |
| Trade receivables | 40 | €922,738 | €1,037,111 | +€114,373 | +12.4% |
| Other amounts receivable | 41 | €624,194 | €594,469 | -€29,726 | -4.8% |
| Cash at bank and in hand | 54/58 | €118,923 | €39,542 | -€79,381 | -66.8% |
| Total equity and liabilities | 10/49 | €1,856,109 | €1,963,620 | +€107,511 | +5.8% |
| Equity | 10/15 | €1,291,636 | €1,477,867 | +€186,231 | +14.4% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €1,273,086 | €1,459,317 | +€186,231 | +14.6% |
| Distributable reserves | 133 | €1,273,086 | €1,459,317 | +€186,231 | +14.6% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €564,473 | €485,753 | -€78,720 | -13.9% |
| Amounts payable within one year | 42/48 | €564,473 | €485,753 | -€78,720 | -13.9% |
| Trade debts | 44 | €422,047 | €360,370 | -€61,676 | -14.6% |
| Suppliers | 440/4 | €422,047 | €360,370 | -€61,676 | -14.6% |
| Taxes, remuneration and social security | 45 | €142,426 | €125,383 | -€17,043 | -12.0% |
| Taxes | 450/3 | €142,426 | €125,383 | -€17,043 | -12.0% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,849 | €7,532 | -€5,317 | -41.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €3,655 | +€3,655 | |
| Other operating charges | 640/8 | €1,248 | €2,402 | +€1,154 | +92.5% |
| Gross operating margin | 9900 | €283,822 | €229,428 | -€54,395 | -19.2% |
| Operating profit (loss) | 9901 | €269,725 | €215,839 | -€53,887 | -20.0% |
| Financial income | 75/76B | €54,103 | €71,219 | +€17,117 | +31.6% |
| Recurring financial income | 75 | €54,103 | €71,219 | +€17,117 | +31.6% |
| Financial charges | 65/66B | €9,724 | €10,339 | +€615 | +6.3% |
| Recurring financial charges | 65 | €9,724 | €10,339 | +€615 | +6.3% |
| Profit (loss) for the period before taxes | 9903 | €314,104 | €276,719 | -€37,385 | -11.9% |
| Income taxes | 67/77 | €103,987 | €90,488 | -€13,499 | -13.0% |
| Profit (loss) for the period | 9904 | €210,117 | €186,231 | -€23,886 | -11.4% |
| Profit (loss) for the period to be appropriated | 9905 | €210,117 | €186,231 | -€23,886 | -11.4% |
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 15 October 2026 via checked.be.