WIDERNE PROJECT: 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.
WIDERNE PROJECT
Largest movements
- Tangible fixed assets +€20,200
up €20,200 (+673%), from €3,000 to €23,200
of which Plant, machinery and equipment: +€18,260
- Receivables within one year +€14,553
up €14,553 (+15.5%), from €94,172 to €108,725
of which Trade receivables: +€13,739
- Cash -€8,637
no longer reported in 2024 (was €8,637)
mainly Investment in fixed assets (net) (-€22,468) and Contributions, distributions and other (-€15,000)
- Reserves +€20,221
up €20,221 (+48.6%), from €41,634 to €61,855
of which Distributable reserves: +€20,221
- Short-term financial debts +€18,019
new in 2024: €18,019
- Other debts -€8,656
down €8,656 (-39.7%), from €21,796 to €13,140
- Tax, wage and social debts -€3,114
down €3,114 (-9.4%), from €33,209 to €30,095
of which Remuneration and social security: -€15,670
- Turnover +€398,009
new in 2024: €398,009
- Purchases and services +€350,204
new in 2024: €350,204
- Gross operating margin +€23,970
up €23,970 (+101%), from €23,835 to €47,805
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €107,838 | €134,309 | +€26,471 | +24.5% |
| Fixed assets | 21/28 | €4,650 | €24,850 | +€20,200 | +434% |
| Tangible fixed assets | 22/27 | €3,000 | €23,200 | +€20,200 | +673% |
| Plant, machinery and equipment | 23 | - | €18,260 | +€18,260 | |
| Furniture and vehicles | 24 | €3,000 | €4,481 | +€1,481 | +49.4% |
| Other tangible fixed assets | 26 | - | €460 | +€460 | |
| Financial fixed assets | 28 | €1,650 | €1,650 | = | 0.0% |
| Current assets | 29/58 | €103,188 | €109,459 | +€6,271 | +6.1% |
| Stocks and contracts in progress | 3 | - | €699 | +€699 | |
| Stocks | 30/36 | - | €699 | +€699 | |
| Amounts receivable within one year | 40/41 | €94,172 | €108,725 | +€14,553 | +15.5% |
| Trade receivables | 40 | €94,172 | €107,912 | +€13,739 | +14.6% |
| Other amounts receivable | 41 | - | €813 | +€813 | |
| Cash at bank and in hand | 54/58 | €8,637 | - | -€8,637 | |
| Deferred charges and accrued income | 490/1 | €379 | €35 | -€344 | -90.7% |
| Total equity and liabilities | 10/49 | €107,838 | €134,309 | +€26,471 | +24.5% |
| Equity | 10/15 | €52,834 | €73,055 | +€20,221 | +38.3% |
| Contributions | 10/11 | €11,200 | €11,200 | = | 0.0% |
| Reserves | 13 | €41,634 | €61,855 | +€20,221 | +48.6% |
| 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 | €39,774 | €59,995 | +€20,221 | +50.8% |
| Amounts payable | 17/49 | €55,005 | €61,254 | +€6,249 | +11.4% |
| Amounts payable within one year | 42/48 | €55,005 | €61,254 | +€6,249 | +11.4% |
| Financial debts | 43 | - | €18,019 | +€18,019 | |
| Other loans | 439 | - | €18,019 | +€18,019 | |
| Taxes, remuneration and social security | 45 | €33,209 | €30,095 | -€3,114 | -9.4% |
| Taxes | 450/3 | €17,539 | €30,095 | +€12,556 | +71.6% |
| Remuneration and social security | 454/9 | €15,670 | - | -€15,670 | |
| Other amounts payable | 47/48 | €21,796 | €13,140 | -€8,656 | -39.7% |
| Turnover | 70 | - | €398,009 | +€398,009 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €350,204 | +€350,204 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,500 | €2,268 | +€768 | +51.2% |
| Other operating charges | 640/8 | €2,345 | €4,754 | +€2,410 | +103% |
| Gross operating margin | 9900 | €23,835 | €47,805 | +€23,970 | +101% |
| Operating profit (loss) | 9901 | €19,990 | €40,783 | +€20,793 | +104% |
| Financial charges | 65/66B | €0 | - | -€0 | |
| Recurring financial charges | 65 | €0 | - | -€0 | |
| Profit (loss) for the period before taxes | 9903 | €19,990 | €40,783 | +€20,793 | +104% |
| Income taxes | 67/77 | €3,883 | €5,562 | +€1,679 | +43.2% |
| Profit (loss) for the period | 9904 | €16,107 | €35,221 | +€19,114 | +119% |
| Profit (loss) for the period to be appropriated | 9905 | €16,107 | €35,221 | +€19,114 | +119% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.