WIDIMMO: 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.
WIDIMMO
Largest movements
- Cash -€50,625
down €50,625 (-66.2%), from €76,440 to €25,815
mainly Other debts (-€60,852) and Net result for the year (-€20,756)
- Tangible fixed assets -€22,800
down €22,800 (-10.1%), from €226,125 to €203,324
of which Furniture and vehicles: -€14,633
- Receivables within one year -€11,793
down €11,793 (-33.3%), from €35,375 to €23,581
of which Trade receivables: -€18,731
- Other debts -€60,852
down €60,852 (-54.3%), from €112,066 to €51,214
- Profit (loss) carried forward -€20,756
down €20,756, from €11,267 to -€9,490
- Tax, wage and social debts +€19,318
up €19,318 (+66.2%), from €29,169 to €48,488
- Debts after one year -€18,469
down €18,469 (-16.6%), from €111,473 to €93,004
- Gross operating margin -€69,552
down €69,552 (-59.3%), from €117,378 to €47,826
- Depreciation +€5,922
up €5,922 (+25.8%), from €22,966 to €28,888
- Financial charges +€2,744
up €2,744 (+34.5%), from €7,966 to €10,710
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €342,972 | €255,944 | -€87,028 | -25.4% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €227,125 | €204,324 | -€22,800 | -10.0% |
| Tangible fixed assets | 22/27 | €226,125 | €203,324 | -€22,800 | -10.1% |
| Land and buildings | 22 | €183,313 | €174,237 | -€9,075 | -5.0% |
| Plant, machinery and equipment | 23 | - | €908 | +€908 | |
| Furniture and vehicles | 24 | €42,812 | €28,179 | -€14,633 | -34.2% |
| Financial fixed assets | 28 | €1,000 | €1,000 | = | 0.0% |
| Current assets | 29/58 | €115,848 | €51,619 | -€64,228 | -55.4% |
| Amounts receivable within one year | 40/41 | €35,375 | €23,581 | -€11,793 | -33.3% |
| Trade receivables | 40 | €31,839 | €13,108 | -€18,731 | -58.8% |
| Other amounts receivable | 41 | €3,536 | €10,474 | +€6,938 | +196.2% |
| Cash at bank and in hand | 54/58 | €76,440 | €25,815 | -€50,625 | -66.2% |
| Deferred charges and accrued income | 490/1 | €4,033 | €2,223 | -€1,809 | -44.9% |
| Total equity and liabilities | 10/49 | €342,972 | €255,944 | -€87,028 | -25.4% |
| Equity | 10/15 | €63,891 | €43,135 | -€20,756 | -32.5% |
| Contributions | 10/11 | €12,500 | €12,500 | = | 0.0% |
| Reserves | 13 | €40,124 | €40,124 | = | 0.0% |
| Non-distributable reserves | 130/1 | €124 | €0 | -€124 | -100.0% |
| Reserves not available under the articles | 1311 | €124 | €0 | -€124 | -100.0% |
| Tax-exempt reserves | 132 | €0 | - | = | |
| Distributable reserves | 133 | €40,000 | €40,124 | +€124 | +0.3% |
| Profit (loss) carried forward | 14 | €11,267 | -€9,490 | -€20,756 | |
| Amounts payable | 17/49 | €279,081 | €212,809 | -€66,272 | -23.7% |
| Amounts payable after more than one year | 17 | €111,473 | €93,004 | -€18,469 | -16.6% |
| Financial debts | 170/4 | €111,473 | €93,004 | -€18,469 | -16.6% |
| Amounts payable within one year | 42/48 | €167,608 | €119,805 | -€47,803 | -28.5% |
| Current portion of amounts payable after more than one year | 42 | €21,609 | €18,469 | -€3,140 | -14.5% |
| Trade debts | 44 | €4,764 | €1,635 | -€3,130 | -65.7% |
| Suppliers | 440/4 | €4,764 | €1,635 | -€3,130 | -65.7% |
| Taxes, remuneration and social security | 45 | €29,169 | €48,488 | +€19,318 | +66.2% |
| Taxes | 450/3 | €29,169 | €48,488 | +€19,318 | +66.2% |
| Other amounts payable | 47/48 | €112,066 | €51,214 | -€60,852 | -54.3% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Turnover | 70 | €0 | €0 | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €0 | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,966 | €28,888 | +€5,922 | +25.8% |
| Other operating charges | 640/8 | €11,071 | €10,827 | -€245 | -2.2% |
| Non-recurring operating charges | 66A | €15,605 | €3,461 | -€12,144 | -77.8% |
| Gross operating margin | 9900 | €117,378 | €47,826 | -€69,552 | -59.3% |
| Operating profit (loss) | 9901 | €67,735 | €4,650 | -€63,085 | -93.1% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100.0% |
| Financial charges | 65/66B | €7,966 | €10,710 | +€2,744 | +34.5% |
| Recurring financial charges | 65 | €7,966 | €10,710 | +€2,744 | +34.5% |
| Profit (loss) for the period before taxes | 9903 | €59,770 | -€6,060 | -€65,830 | |
| Income taxes | 67/77 | €14,328 | €14,697 | +€368 | +2.6% |
| Profit (loss) for the period | 9904 | €45,441 | -€20,756 | -€66,198 | |
| Profit (loss) for the period to be appropriated | 9905 | €45,441 | -€20,756 | -€66,198 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.