WIELFAERT STUDIOS: 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.
WIELFAERT STUDIOS
Largest movements
- Cash -€26,701
down €26,701 (-46.0%), from €58,088 to €31,386
mainly Trade debts (-€47,875) and Other debts (-€20,000)
- Intangible fixed assets -€3,045
down €3,045 (-54.8%), from €5,556 to €2,511
- Receivables within one year +€2,235
up €2,235 (+4.0%), from €56,401 to €58,636
of which Trade receivables: +€5,056
- Stocks and contracts +€1,950
up €1,950 (+10.7%), from €18,259 to €20,209
- Trade debts -€47,875
down €47,875 (-62.6%), from €76,483 to €28,608
- Reserves +€31,297
up €31,297 (+99.7%), from €31,397 to €62,694
- Other debts -€20,000
down €20,000 (-100.0%), from €20,000 to €0
- Tax, wage and social debts +€13,253
up €13,253 (+239.0%), from €5,546 to €18,799
- Taxes +€5,555
up €5,555 (+110.4%), from €5,029 to €10,584
- Gross operating margin +€1,796
up €1,796 (+4.0%), from €44,659 to €46,456
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 | €143,426 | €120,101 | -€23,324 | -16.3% |
| Fixed assets | 21/28 | €10,242 | €8,093 | -€2,150 | -21.0% |
| Intangible fixed assets | 21 | €5,556 | €2,511 | -€3,045 | -54.8% |
| Tangible fixed assets | 22/27 | €4,687 | €5,582 | +€895 | +19.1% |
| Plant, machinery and equipment | 23 | €922 | €491 | -€432 | -46.8% |
| Other tangible fixed assets | 26 | €3,764 | €5,091 | +€1,327 | +35.2% |
| Current assets | 29/58 | €133,183 | €112,009 | -€21,175 | -15.9% |
| Amounts receivable after more than one year | 29 | - | €72 | +€72 | |
| Other amounts receivable | 291 | - | €72 | +€72 | |
| Stocks and contracts in progress | 3 | €18,259 | €20,209 | +€1,950 | +10.7% |
| Stocks | 30/36 | €18,259 | €20,209 | +€1,950 | +10.7% |
| Amounts receivable within one year | 40/41 | €56,401 | €58,636 | +€2,235 | +4.0% |
| Trade receivables | 40 | €53,580 | €58,636 | +€5,056 | +9.4% |
| Other amounts receivable | 41 | €2,820 | €0 | -€2,820 | -100.0% |
| Cash at bank and in hand | 54/58 | €58,088 | €31,386 | -€26,701 | -46.0% |
| Deferred charges and accrued income | 490/1 | €436 | €1,706 | +€1,270 | +291.4% |
| Total equity and liabilities | 10/49 | €143,426 | €120,101 | -€23,324 | -16.3% |
| Equity | 10/15 | €41,397 | €72,694 | +€31,297 | +75.6% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €31,397 | €62,694 | +€31,297 | +99.7% |
| Distributable reserves | 133 | €31,397 | €62,694 | +€31,297 | +99.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €102,029 | €47,407 | -€54,622 | -53.5% |
| Amounts payable within one year | 42/48 | €102,029 | €47,407 | -€54,622 | -53.5% |
| Trade debts | 44 | €76,483 | €28,608 | -€47,875 | -62.6% |
| Suppliers | 440/4 | €76,483 | €28,608 | -€47,875 | -62.6% |
| Taxes, remuneration and social security | 45 | €5,546 | €18,799 | +€13,253 | +239.0% |
| Taxes | 450/3 | €5,546 | €18,799 | +€13,253 | +239.0% |
| Other amounts payable | 47/48 | €20,000 | €0 | -€20,000 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,909 | €3,702 | -€207 | -5.3% |
| Other operating charges | 640/8 | €587 | €741 | +€154 | +26.2% |
| Gross operating margin | 9900 | €44,659 | €46,456 | +€1,796 | +4.0% |
| Operating profit (loss) | 9901 | €40,163 | €42,013 | +€1,849 | +4.6% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100.0% |
| Financial charges | 65/66B | €157 | €131 | -€26 | -16.6% |
| Recurring financial charges | 65 | €157 | €131 | -€26 | -16.6% |
| Profit (loss) for the period before taxes | 9903 | €40,007 | €41,881 | +€1,875 | +4.7% |
| Income taxes | 67/77 | €5,029 | €10,584 | +€5,555 | +110.4% |
| Profit (loss) for the period | 9904 | €34,977 | €31,297 | -€3,680 | -10.5% |
| Profit (loss) for the period to be appropriated | 9905 | €34,977 | €31,297 | -€3,680 | -10.5% |
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 5 October 2026 via checked.be.