Widmer Development Corp.: 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.
Widmer Development Corp.
Largest movements
- Current investments +€62.8m
up €62.8m (+150.7%), from €41.7m to €104.5m
- Financial fixed assets -€43.1m
down €43.1m (-50.6%), from €85.1m to €42.0m
- Cash +€16.9m
up €16.9m (+586.3%), from €2.9m to €19.8m
mainly Investment in fixed assets (net) (+€43.1m) and Net result for the year (+€36.3m)
- Reserves +€36.3m
up €36.3m (+28.0%), from €129.9m to €166.3m
of which Distributable reserves: +€36.3m
- Financial income +€32.9m
up €32.9m (+548.6%), from €6.0m to €38.9m
of which Non-recurring financial income: +€30.8m
- Financial charges -€3.2m
down €3.2m (-64.6%), from €5.0m to €1.8m
of which Non-recurring financial charges: -€3.6m
- Taxes +€422,434
up €422,434 (+179.9%), from €234,778 to €657,212
- Other operating charges +€46,344
up €46,344 (+37.9%), from €122,193 to €168,536
- Staff costs +€7
up €7 (+0.8%), from €960 to €968
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 | €130,182,784 | €166,937,183 | +€36.8m | +28.2% |
| Fixed assets | 21/28 | €85,116,348 | €42,012,658 | -€43.1m | -50.6% |
| Financial fixed assets | 28 | €85,116,348 | €42,012,658 | -€43.1m | -50.6% |
| Current assets | 29/58 | €45,066,436 | €124,924,525 | +€79.9m | +177.2% |
| Amounts receivable within one year | 40/41 | €432,949 | €575,634 | +€142,685 | +33.0% |
| Other amounts receivable | 41 | €432,949 | €575,634 | +€142,685 | +33.0% |
| Current investments | 50/53 | €41,681,144 | €104,512,913 | +€62.8m | +150.7% |
| Cash at bank and in hand | 54/58 | €2,879,597 | €19,762,954 | +€16.9m | +586.3% |
| Deferred charges and accrued income | 490/1 | €72,745 | €73,025 | +€279 | +0.4% |
| Total equity and liabilities | 10/49 | €130,182,784 | €166,937,183 | +€36.8m | +28.2% |
| Equity | 10/15 | €129,947,985 | €166,279,950 | +€36.3m | +28.0% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €129,929,435 | €166,261,400 | +€36.3m | +28.0% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €129,927,580 | €166,259,545 | +€36.3m | +28.0% |
| Amounts payable | 17/49 | €234,799 | €657,234 | +€422,434 | +179.9% |
| Amounts payable within one year | 42/48 | €234,799 | €657,234 | +€422,434 | +179.9% |
| Financial debts | 43 | €21 | €21 | = | 0.0% |
| Other loans | 439 | €21 | €21 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €234,778 | €657,212 | +€422,434 | +179.9% |
| Taxes | 450/3 | €234,778 | €657,212 | +€422,434 | +179.9% |
| Remuneration, social security and pensions | 62 | €960 | €968 | +€7 | +0.8% |
| Other operating charges | 640/8 | €122,193 | €168,536 | +€46,344 | +37.9% |
| Gross operating margin | 9900 | -€85 | -€85 | -€0 | -0.4% |
| Operating profit (loss) | 9901 | -€123,238 | -€169,589 | -€46,351 | -37.6% |
| Financial income | 75/76B | €6,003,295 | €38,936,687 | +€32.9m | +548.6% |
| Recurring financial income | 75 | €3,216,082 | €5,372,490 | +€2.2m | +67.1% |
| Non-recurring financial income | 76B | €2,787,213 | €33,564,198 | +€30.8m | +1104.2% |
| Financial charges | 65/66B | €5,019,376 | €1,777,921 | -€3.2m | -64.6% |
| Recurring financial charges | 65 | €801,162 | €1,154,916 | +€353,754 | +44.2% |
| Non-recurring financial charges | 66B | €4,218,214 | €623,005 | -€3.6m | -85.2% |
| Profit (loss) for the period before taxes | 9903 | €860,682 | €36,989,177 | +€36.1m | +4197.7% |
| Income taxes | 67/77 | €234,778 | €657,212 | +€422,434 | +179.9% |
| Profit (loss) for the period | 9904 | €625,904 | €36,331,965 | +€35.7m | +5704.7% |
| Profit (loss) for the period to be appropriated | 9905 | €625,904 | €36,331,965 | +€35.7m | +5704.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.