WILD STYLE: 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.
WILD STYLE
Largest movements
- Cash -€52,321
down €52,321 (-58.5%), from €89,417 to €37,096
mainly Investment in fixed assets (net) (-€50,762) and Net result for the year (-€34,636)
- Tangible fixed assets +€37,110
up €37,110 (+242%), from €15,352 to €52,463
of which Furniture and vehicles: +€38,775
- Stocks and contracts -€26,475
down €26,475 (-20.5%), from €129,349 to €102,874
- Receivables within one year -€8,570
down €8,570 (-39.8%), from €21,509 to €12,939
of which Trade receivables: -€16,182
- Reserves -€54,636
down €54,636 (-34.2%), from €159,964 to €105,328
- Tax, wage and social debts -€25,134
down €25,134 (-67.0%), from €37,538 to €12,404
- Debts after one year +€20,380
up €20,380 (+964%), from €2,114 to €22,494
- Current portion of long-term debt +€9,197
up €9,197 (+222%), from €4,150 to €13,347
- Other debts +€6,002
up €6,002 (+42.9%), from €13,998 to €20,000
- Gross operating margin -€34,627
down €34,627, from €21,520 to -€13,107
- Depreciation +€10,830
up €10,830 (+347%), from €3,122 to €13,952
- Taxes -€4,196
down €4,196 (-96.9%), from €4,332 to €136
- Other operating charges +€3,218
up €3,218 (+310%), from €1,039 to €4,258
- Financial charges -€1,828
down €1,828 (-35.8%), from €5,108 to €3,281
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 | €259,065 | €208,808 | -€50,258 | -19.4% |
| Fixed assets | 21/28 | €18,622 | €55,433 | +€36,810 | +198% |
| Tangible fixed assets | 22/27 | €15,352 | €52,463 | +€37,110 | +242% |
| Land and buildings | 22 | €9,475 | €8,156 | -€1,319 | -13.9% |
| Plant, machinery and equipment | 23 | €738 | €393 | -€345 | -46.8% |
| Furniture and vehicles | 24 | €5,140 | €43,914 | +€38,775 | +754% |
| Financial fixed assets | 28 | €3,270 | €2,970 | -€300 | -9.2% |
| Current assets | 29/58 | €240,443 | €153,375 | -€87,068 | -36.2% |
| Stocks and contracts in progress | 3 | €129,349 | €102,874 | -€26,475 | -20.5% |
| Stocks | 30/36 | €129,349 | €102,874 | -€26,475 | -20.5% |
| Amounts receivable within one year | 40/41 | €21,509 | €12,939 | -€8,570 | -39.8% |
| Trade receivables | 40 | €21,310 | €5,129 | -€16,182 | -75.9% |
| Other amounts receivable | 41 | €199 | €7,811 | +€7,612 | +3,824% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €89,417 | €37,096 | -€52,321 | -58.5% |
| Deferred charges and accrued income | 490/1 | €168 | €465 | +€297 | +177% |
| Total equity and liabilities | 10/49 | €259,065 | €208,808 | -€50,258 | -19.4% |
| Equity | 10/15 | €169,964 | €115,328 | -€54,636 | -32.1% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €159,964 | €105,328 | -€54,636 | -34.2% |
| Distributable reserves | 133 | €159,964 | €105,328 | -€54,636 | -34.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €89,101 | €93,480 | +€4,379 | +4.9% |
| Amounts payable after more than one year | 17 | €2,114 | €22,494 | +€20,380 | +964% |
| Financial debts | 170/4 | €2,114 | €22,494 | +€20,380 | +964% |
| Amounts payable within one year | 42/48 | €86,474 | €70,986 | -€15,488 | -17.9% |
| Current portion of amounts payable after more than one year | 42 | €4,150 | €13,347 | +€9,197 | +222% |
| Financial debts | 43 | €9,078 | €8,918 | -€160 | -1.8% |
| Other loans | 439 | €9,078 | €8,918 | -€160 | -1.8% |
| Trade debts | 44 | €21,710 | €16,317 | -€5,393 | -24.8% |
| Suppliers | 440/4 | €21,710 | €16,317 | -€5,393 | -24.8% |
| Taxes, remuneration and social security | 45 | €37,538 | €12,404 | -€25,134 | -67.0% |
| Taxes | 450/3 | €37,538 | €12,404 | -€25,134 | -67.0% |
| Other amounts payable | 47/48 | €13,998 | €20,000 | +€6,002 | +42.9% |
| Accrued charges and deferred income | 492/3 | €514 | €0 | -€514 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,122 | €13,952 | +€10,830 | +347% |
| Other operating charges | 640/8 | €1,039 | €4,258 | +€3,218 | +310% |
| Non-recurring operating charges | 66A | €0 | €300 | +€300 | |
| Gross operating margin | 9900 | €21,520 | -€13,107 | -€34,627 | |
| Operating profit (loss) | 9901 | €17,359 | -€31,617 | -€48,975 | |
| Financial income | 75/76B | €427 | €397 | -€31 | -7.2% |
| Recurring financial income | 75 | €427 | €397 | -€31 | -7.2% |
| Financial charges | 65/66B | €5,108 | €3,281 | -€1,828 | -35.8% |
| Recurring financial charges | 65 | €5,108 | €3,281 | -€1,828 | -35.8% |
| Profit (loss) for the period before taxes | 9903 | €12,678 | -€34,500 | -€47,179 | |
| Income taxes | 67/77 | €4,332 | €136 | -€4,196 | -96.9% |
| Profit (loss) for the period | 9904 | €8,346 | -€34,636 | -€42,983 | |
| Profit (loss) for the period to be appropriated | 9905 | €8,346 | -€34,636 | -€42,983 |
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 17 October 2026 via checked.be.