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Widuster: 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.

What changed

Widuster

BE 0766.968.805
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€11,793
2024 · -€745-€11,048
Equity
-€5,413
2024 · €6,380-€11,793
Cash
€921
2024 · €697+€224
Balance sheet total
€331,593
2024 · €200,262+€131,330

Largest movements

2024 to 2025
Assets
  • Tangible fixed assets +€145,623

    up €145,623 (+78.9%), from €184,587 to €330,210

    of which Land and buildings: +€145,801

  • Financial fixed assets -€13,500

    down €13,500 (-100.0%), from €13,500 to €0

Equity and liabilities
  • Debts after one year +€89,876

    up €89,876 (+76.9%), from €116,889 to €206,765

  • Other debts +€52,763

    up €52,763 (+85.2%), from €61,917 to €114,680

  • Profit (loss) carried forward -€11,793

    down €11,793 (-606.2%), from -€1,945 to -€13,738

  • Current portion of long-term debt +€5,692

    up €5,692 (+58.5%), from €9,735 to €15,427

Income statement
  • Other operating charges +€10,670

    new in 2025: €10,670

  • Gross operating margin +€5,112

    up €5,112 (+39.1%), from €13,076 to €18,188

  • Financial charges +€3,374

    up €3,374 (+157.5%), from €2,142 to €5,516

  • Depreciation +€2,117

    up €2,117 (+18.1%), from €11,679 to €13,796

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 -€745
Gross operating margin +€5,112
Depreciation -€2,117
Other operating charges -€10,670
Financial income -€0
Financial charges -€3,374
Result 2025 -€11,793

Cash bridge derived

cash 2024 to 2025

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.

From operations +€50,574
Investment -€145,918
Financing +€95,568
Cash 2024 €697
Net result for the year -€11,793
Depreciation +€13,796
Receivables within one year +€1,281
Deferred charges and accrued income -€265
Trade debts -€2,118
Tax, wage and social debts -€3,090
Other debts +€52,763
Investment in fixed assets (net) -€145,918
Debts after one year +€89,876
Current portion of long-term debt +€5,692
Cash 2025 €921
Every line side by side 38 lines
Line Code 2024 2025 Change %
Total assets 20/58 €200,262 €331,593 +€131,330 +65.6%
Fixed assets 21/28 €198,087 €330,210 +€132,123 +66.7%
Tangible fixed assets 22/27 €184,587 €330,210 +€145,623 +78.9%
Land and buildings 22 €152,388 €298,190 +€145,801 +95.7%
Plant, machinery and equipment 23 €32,199 €32,020 -€179 -0.6%
Financial fixed assets 28 €13,500 €0 -€13,500 -100.0%
Current assets 29/58 €2,175 €1,383 -€792 -36.4%
Amounts receivable within one year 40/41 €1,281 €0 -€1,281 -100.0%
Other amounts receivable 41 €1,281 €0 -€1,281 -100.0%
Cash at bank and in hand 54/58 €697 €921 +€224 +32.1%
Deferred charges and accrued income 490/1 €197 €462 +€265 +134.0%
Total equity and liabilities 10/49 €200,262 €331,593 +€131,330 +65.6%
Equity 10/15 €6,380 -€5,413 -€11,793
Contributions 10/11 €5,000 €5,000 = 0.0%
Reserves 13 €3,325 €3,325 = 0.0%
Distributable reserves 133 €3,325 €3,325 = 0.0%
Profit (loss) carried forward 14 -€1,945 -€13,738 -€11,793 -606.2%
Amounts payable 17/49 €193,883 €337,006 +€143,123 +73.8%
Amounts payable after more than one year 17 €116,889 €206,765 +€89,876 +76.9%
Financial debts 170/4 €116,889 €206,765 +€89,876 +76.9%
Amounts payable within one year 42/48 €76,993 €130,241 +€53,248 +69.2%
Current portion of amounts payable after more than one year 42 €9,735 €15,427 +€5,692 +58.5%
Trade debts 44 €2,252 €134 -€2,118 -94.1%
Suppliers 440/4 €2,252 €134 -€2,118 -94.1%
Taxes, remuneration and social security 45 €3,090 €0 -€3,090 -100.0%
Taxes 450/3 €3,090 €0 -€3,090 -100.0%
Other amounts payable 47/48 €61,917 €114,680 +€52,763 +85.2%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €11,679 €13,796 +€2,117 +18.1%
Other operating charges 640/8 - €10,670 +€10,670
Gross operating margin 9900 €13,076 €18,188 +€5,112 +39.1%
Operating profit (loss) 9901 €1,398 -€6,277 -€7,674
Financial income 75/76B €0 €0 -€0 -100.0%
Recurring financial income 75 €0 €0 -€0 -100.0%
Financial charges 65/66B €2,142 €5,516 +€3,374 +157.5%
Recurring financial charges 65 €2,142 €5,516 +€3,374 +157.5%
Profit (loss) for the period before taxes 9903 -€745 -€11,793 -€11,048 -1483.5%
Profit (loss) for the period 9904 -€745 -€11,793 -€11,048 -1483.5%
Profit (loss) for the period to be appropriated 9905 -€745 -€11,793 -€11,048 -1483.5%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.