Wilde Westen: 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.
Wilde Westen
Largest movements
- Receivables within one year -€151,508
down €151,508 (-49.3%), from €307,505 to €155,998
of which Trade receivables: -€100,028
- Cash +€104,818
up €104,818 (+14.8%), from €709,653 to €814,471
mainly Receivables within one year (+€151,508) and Depreciation (+€65,626)
- Tangible fixed assets -€45,428
down €45,428 (-7.5%), from €604,657 to €559,229
of which Land and buildings: -€43,112
- Accrued charges and deferred income -€42,393
down €42,393 (-21.9%), from €193,967 to €151,574
- Debts after one year -€38,760
down €38,760 (-21.3%), from €182,135 to €143,375
- Investment grants -€33,273
down €33,273 (-7.7%), from €430,846 to €397,573
- Reserves +€23,478
up €23,478 (+5.2%), from €451,342 to €474,820
- Trade debts -€17,188
down €17,188 (-20.8%), from €82,640 to €65,453
- Gross operating margin -€52,051
down €52,051 (-7.0%), from €745,882 to €693,830
- Staff costs +€40,902
up €40,902 (+7.4%), from €553,723 to €594,624
- Other operating charges +€8,619
up €8,619 (+171%), from €5,048 to €13,667
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 | €1,656,518 | €1,552,991 | -€103,526 | -6.2% |
| Fixed assets | 21/28 | €620,065 | €567,433 | -€52,632 | -8.5% |
| Intangible fixed assets | 21 | €15,408 | €7,704 | -€7,704 | -50.0% |
| Tangible fixed assets | 22/27 | €604,657 | €559,229 | -€45,428 | -7.5% |
| Land and buildings | 22 | €571,012 | €527,900 | -€43,112 | -7.6% |
| Plant, machinery and equipment | 23 | €4,296 | €2,864 | -€1,432 | -33.3% |
| Furniture and vehicles | 24 | €29,349 | €28,465 | -€884 | -3.0% |
| Financial fixed assets | 28 | €0 | €500 | +€500 | |
| Current assets | 29/58 | €1,036,453 | €985,559 | -€50,894 | -4.9% |
| Stocks and contracts in progress | 3 | €10,199 | €5,396 | -€4,803 | -47.1% |
| Stocks | 30/36 | €10,199 | €5,396 | -€4,803 | -47.1% |
| Amounts receivable within one year | 40/41 | €307,505 | €155,998 | -€151,508 | -49.3% |
| Trade receivables | 40 | €172,806 | €72,778 | -€100,028 | -57.9% |
| Other amounts receivable | 41 | €134,700 | €83,220 | -€51,480 | -38.2% |
| Cash at bank and in hand | 54/58 | €709,653 | €814,471 | +€104,818 | +14.8% |
| Deferred charges and accrued income | 490/1 | €9,095 | €9,694 | +€599 | +6.6% |
| Total equity and liabilities | 10/49 | €1,656,518 | €1,552,991 | -€103,526 | -6.2% |
| Equity | 10/15 | €992,514 | €982,719 | -€9,795 | -1.0% |
| Reserves | 13 | €451,342 | €474,820 | +€23,478 | +5.2% |
| Profit (loss) carried forward | 14 | €110,326 | €110,326 | = | 0.0% |
| Investment grants | 15 | €430,846 | €397,573 | -€33,273 | -7.7% |
| Provisions and deferred taxes | 16 | €77,237 | €64,011 | -€13,226 | -17.1% |
| Provisions for liabilities and charges | 160/5 | €77,237 | €64,011 | -€13,226 | -17.1% |
| Major repairs and maintenance | 162 | €77,237 | €64,011 | -€13,226 | -17.1% |
| Other liabilities and charges | 164/5 | €0 | - | = | |
| Amounts payable | 17/49 | €586,767 | €506,262 | -€80,505 | -13.7% |
| Amounts payable after more than one year | 17 | €182,135 | €143,375 | -€38,760 | -21.3% |
| Financial debts | 170/4 | €182,135 | €143,375 | -€38,760 | -21.3% |
| Amounts payable within one year | 42/48 | €210,665 | €211,313 | +€648 | +0.3% |
| Current portion of amounts payable after more than one year | 42 | €36,958 | €38,760 | +€1,802 | +4.9% |
| Trade debts | 44 | €82,640 | €65,453 | -€17,188 | -20.8% |
| Suppliers | 440/4 | €82,640 | €65,453 | -€17,188 | -20.8% |
| Taxes, remuneration and social security | 45 | €91,067 | €107,101 | +€16,033 | +17.6% |
| Taxes | 450/3 | €32,258 | €36,077 | +€3,819 | +11.8% |
| Remuneration and social security | 454/9 | €58,810 | €71,024 | +€12,214 | +20.8% |
| Accrued charges and deferred income | 492/3 | €193,967 | €151,574 | -€42,393 | -21.9% |
| Non-recurring operating income | 76A | €406 | €17 | -€389 | -95.9% |
| Remuneration, social security and pensions | 62 | €553,723 | €594,624 | +€40,902 | +7.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €63,892 | €65,626 | +€1,734 | +2.7% |
| Other operating charges | 640/8 | €5,048 | €13,667 | +€8,619 | +171% |
| Non-recurring operating charges | 66A | €145 | €0 | -€145 | -100% |
| Gross operating margin | 9900 | €745,882 | €693,830 | -€52,051 | -7.0% |
| Operating profit (loss) | 9901 | €98,073 | €33,139 | -€64,934 | -66.2% |
| Financial income | 75/76B | €269 | €1,043 | +€775 | +288% |
| Recurring financial income | 75 | €269 | €1,043 | +€775 | +288% |
| Financial charges | 65/66B | €12,035 | €10,524 | -€1,511 | -12.6% |
| Recurring financial charges | 65 | €12,035 | €10,524 | -€1,511 | -12.6% |
| Profit (loss) for the period before taxes | 9903 | €86,307 | €23,658 | -€62,649 | -72.6% |
| Income taxes | 67/77 | €1,720 | €181 | -€1,540 | -89.5% |
| Profit (loss) for the period | 9904 | €84,587 | €23,478 | -€61,109 | -72.2% |
| Profit (loss) for the period to be appropriated | 9905 | €84,587 | €23,478 | -€61,109 | -72.2% |
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 28 October 2026 via checked.be.