WIDETECH: 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.
WIDETECH
Largest movements
- Intangible fixed assets +€218,516
up €218,516 (+19.5%), from €1.1m to €1.3m
- Cash +€56,248
up €56,248 (+9,078%), from €620 to €56,868
mainly Depreciation (+€220,772) and Trade debts (+€193,452)
- Trade debts +€193,452
up €193,452 (+66.2%), from €292,056 to €485,508
- Other debts +€156,159
up €156,159 (+80.4%), from €194,340 to €350,498
- Profit (loss) carried forward +€88,086
up €88,086 (+35.4%), from -€248,817 to -€160,732
- Debts after one year -€72,155
down €72,155 (-56.1%), from €128,635 to €56,480
- Tax, wage and social debts -€37,229
down €37,229 (-28.5%), from €130,707 to €93,478
of which Remuneration and social security: -€31,329
- Gross operating margin +€194,706
up €194,706 (+23.1%), from €843,642 to €1.0m
- Depreciation +€26,193
up €26,193 (+13.5%), from €194,579 to €220,772
- Other operating charges -€17,599
down €17,599 (-93.8%), from €18,768 to €1,169
- Staff costs +€16,716
up €16,716 (+2.5%), from €677,535 to €694,251
- Financial income -€13,169
down €13,169 (-43.5%), from €30,293 to €17,124
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 | €1,527,745 | €1,830,484 | +€302,739 | +19.8% |
| Fixed assets | 21/28 | €1,139,164 | €1,363,993 | +€224,830 | +19.7% |
| Intangible fixed assets | 21 | €1,120,803 | €1,339,319 | +€218,516 | +19.5% |
| Tangible fixed assets | 22/27 | €18,095 | €24,457 | +€6,363 | +35.2% |
| Furniture and vehicles | 24 | €6,718 | €14,416 | +€7,698 | +115% |
| Other tangible fixed assets | 26 | €11,376 | €10,041 | -€1,335 | -11.7% |
| Financial fixed assets | 28 | €266 | €217 | -€49 | -18.4% |
| Current assets | 29/58 | €388,581 | €466,491 | +€77,910 | +20.0% |
| Amounts receivable within one year | 40/41 | €329,993 | €340,097 | +€10,104 | +3.1% |
| Trade receivables | 40 | €276,719 | €293,144 | +€16,425 | +5.9% |
| Other amounts receivable | 41 | €53,274 | €46,952 | -€6,322 | -11.9% |
| Cash at bank and in hand | 54/58 | €620 | €56,868 | +€56,248 | +9,078% |
| Deferred charges and accrued income | 490/1 | €57,968 | €69,526 | +€11,558 | +19.9% |
| Total equity and liabilities | 10/49 | €1,527,745 | €1,830,484 | +€302,739 | +19.8% |
| Equity | 10/15 | €528,076 | €599,268 | +€71,193 | +13.5% |
| Contributions | 10/11 | €760,000 | €760,000 | = | 0.0% |
| Capital | 10 | €760,000 | €760,000 | = | 0.0% |
| Issued capital | 100 | €760,000 | €760,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€248,817 | -€160,732 | +€88,086 | +35.4% |
| Investment grants | 15 | €16,893 | - | -€16,893 | |
| Amounts payable | 17/49 | €999,669 | €1,231,216 | +€231,546 | +23.2% |
| Amounts payable after more than one year | 17 | €128,635 | €56,480 | -€72,155 | -56.1% |
| Financial debts | 170/4 | €128,635 | €56,480 | -€72,155 | -56.1% |
| Amounts payable within one year | 42/48 | €799,830 | €1,100,800 | +€300,970 | +37.6% |
| Current portion of amounts payable after more than one year | 42 | €35,818 | €37,597 | +€1,779 | +5.0% |
| Financial debts | 43 | €126,909 | €133,719 | +€6,810 | +5.4% |
| Credit institutions | 430/8 | €126,909 | €133,719 | +€6,810 | +5.4% |
| Trade debts | 44 | €292,056 | €485,508 | +€193,452 | +66.2% |
| Suppliers | 440/4 | €292,056 | €485,508 | +€193,452 | +66.2% |
| Advances received on contracts in progress | 46 | €20,000 | - | -€20,000 | |
| Taxes, remuneration and social security | 45 | €130,707 | €93,478 | -€37,229 | -28.5% |
| Taxes | 450/3 | €14,317 | €8,417 | -€5,900 | -41.2% |
| Remuneration and social security | 454/9 | €116,390 | €85,061 | -€31,329 | -26.9% |
| Other amounts payable | 47/48 | €194,340 | €350,498 | +€156,159 | +80.4% |
| Accrued charges and deferred income | 492/3 | €71,205 | €73,936 | +€2,732 | +3.8% |
| Remuneration, social security and pensions | 62 | €677,535 | €694,251 | +€16,716 | +2.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €194,579 | €220,772 | +€26,193 | +13.5% |
| Other operating charges | 640/8 | €18,768 | €1,169 | -€17,599 | -93.8% |
| Gross operating margin | 9900 | €843,642 | €1,038,347 | +€194,706 | +23.1% |
| Operating profit (loss) | 9901 | -€47,239 | €122,156 | +€169,395 | |
| Financial income | 75/76B | €30,293 | €17,124 | -€13,169 | -43.5% |
| Recurring financial income | 75 | €30,293 | €17,124 | -€13,169 | -43.5% |
| Financial charges | 65/66B | €38,923 | €48,793 | +€9,869 | +25.4% |
| Recurring financial charges | 65 | €38,923 | €48,793 | +€9,869 | +25.4% |
| Profit (loss) for the period before taxes | 9903 | -€55,869 | €90,487 | +€146,356 | |
| Income taxes | 67/77 | -€10,603 | €2,401 | +€13,004 | |
| Profit (loss) for the period | 9904 | -€45,267 | €88,086 | +€133,352 | |
| Profit (loss) for the period to be appropriated | 9905 | -€45,267 | €88,086 | +€133,352 |
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 1 November 2026 via checked.be.