WILDTRAILS: 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
WILDTRAILS
NACE 93.110, Operation of sports facilities
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€224,045
2024 · €27,170-€251,216
Equity
€8.1m
2024 · €8.3m-€224,045
Cash
€659,134
2024 · €506,118+€153,016
Balance sheet total
€13.6m
2024 · €14.0m-€367,548
Largest movements
Assets
- Tangible fixed assets -€584,326
down €584,326 (-7.3%), from €8.0m to €7.4m
of which Land and buildings: -€487,478
- Cash +€153,016
up €153,016 (+30.2%), from €506,118 to €659,134
mainly Depreciation (+€657,481) and Advances received (+€146,239)
Equity and liabilities
- Debts after one year -€498,164
down €498,164 (-11.7%), from €4.3m to €3.8m
- Profit (loss) carried forward -€210,875
down €210,875, from €162,034 to -€48,841
- Advances received +€146,239
up €146,239 (+22.7%), from €645,536 to €791,776
Income statement
- Gross operating margin -€164,457
down €164,457 (-5.8%), from €2.8m to €2.7m
- Staff costs +€105,653
up €105,653 (+5.5%), from €1.9m to €2.0m
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.
Result 2024
€27,170
Gross operating margin
-€164,457
Staff costs
-€105,653
Depreciation
+€8,141
Other operating charges
+€7,822
Other operating items
+€5,478
Financial income
-€92
Financial charges
-€2,250
Taxes
-€206
Result 2025
-€224,045
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.
From operations
+€626,268
Investment
-€73,155
Financing
-€400,096
Cash 2024
€506,118
From operations (derived)
+€626,268
Net result for the year
-€224,045
Depreciation
+€657,481
Receivables within one year
-€70,618
Deferred charges and accrued income
+€6,857
Provisions
-€4,390
Trade debts
-€1,361
Tax, wage and social debts
+€119,314
Advances received
+€146,239
Other debts
-€3,208
Investment (derived)
-€73,155
Investment in fixed assets (net)
-€73,155
Financing
-€400,096
Debts after one year
-€498,164
Current portion of long-term debt
+€98,068
Cash 2025
€659,134
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €13,987,282 | €13,619,734 | -€367,548 | -2.6% |
| Fixed assets | 21/28 | €10,800,360 | €10,216,034 | -€584,326 | -5.4% |
| Tangible fixed assets | 22/27 | €8,026,552 | €7,442,227 | -€584,326 | -7.3% |
| Land and buildings | 22 | €7,596,283 | €7,108,805 | -€487,478 | -6.4% |
| Plant, machinery and equipment | 23 | €101,287 | €120,882 | +€19,595 | +19.3% |
| Furniture and vehicles | 24 | €328,983 | €212,540 | -€116,442 | -35.4% |
| Financial fixed assets | 28 | €2,773,807 | €2,773,807 | = | 0.0% |
| Current assets | 29/58 | €3,186,923 | €3,403,701 | +€216,778 | +6.8% |
| Amounts receivable within one year | 40/41 | €2,659,409 | €2,730,027 | +€70,618 | +2.7% |
| Trade receivables | 40 | €448,493 | €447,177 | -€1,316 | -0.3% |
| Other amounts receivable | 41 | €2,210,916 | €2,282,850 | +€71,934 | +3.3% |
| Cash at bank and in hand | 54/58 | €506,118 | €659,134 | +€153,016 | +30.2% |
| Deferred charges and accrued income | 490/1 | €21,397 | €14,540 | -€6,857 | -32.0% |
| Total equity and liabilities | 10/49 | €13,987,282 | €13,619,734 | -€367,548 | -2.6% |
| Equity | 10/15 | €8,328,196 | €8,104,150 | -€224,045 | -2.7% |
| Contributions | 10/11 | €8,089,850 | €8,089,850 | = | 0.0% |
| Reserves | 13 | €76,312 | €63,141 | -€13,171 | -17.3% |
| Tax-exempt reserves | 132 | €76,312 | €63,141 | -€13,171 | -17.3% |
| Profit (loss) carried forward | 14 | €162,034 | -€48,841 | -€210,875 | |
| Provisions and deferred taxes | 16 | €25,437 | €21,047 | -€4,390 | -17.3% |
| Deferred taxes | 168 | €25,437 | €21,047 | -€4,390 | -17.3% |
| Amounts payable | 17/49 | €5,633,649 | €5,494,537 | -€139,112 | -2.5% |
| Amounts payable after more than one year | 17 | €4,266,370 | €3,768,206 | -€498,164 | -11.7% |
| Financial debts | 170/4 | €4,266,370 | €3,768,206 | -€498,164 | -11.7% |
| Amounts payable within one year | 42/48 | €1,367,279 | €1,726,331 | +€359,052 | +26.3% |
| Current portion of amounts payable after more than one year | 42 | €415,192 | €513,260 | +€98,068 | +23.6% |
| Trade debts | 44 | €153,815 | €152,454 | -€1,361 | -0.9% |
| Suppliers | 440/4 | €153,815 | €152,454 | -€1,361 | -0.9% |
| Advances received on contracts in progress | 46 | €645,536 | €791,776 | +€146,239 | +22.7% |
| Taxes, remuneration and social security | 45 | €149,528 | €268,842 | +€119,314 | +79.8% |
| Taxes | 450/3 | €5,372 | €20,947 | +€15,574 | +289.9% |
| Remuneration and social security | 454/9 | €144,156 | €247,895 | +€103,740 | +72.0% |
| Other amounts payable | 47/48 | €3,208 | €0 | -€3,208 | -100.0% |
| Non-recurring operating income | 76A | €51,355 | €11,841 | -€39,514 | -76.9% |
| Remuneration, social security and pensions | 62 | €1,931,387 | €2,037,040 | +€105,653 | +5.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €665,622 | €657,481 | -€8,141 | -1.2% |
| Other operating charges | 640/8 | €81,126 | €73,305 | -€7,822 | -9.6% |
| Non-recurring operating charges | 66A | €5,978 | €500 | -€5,478 | -91.6% |
| Gross operating margin | 9900 | €2,848,501 | €2,684,045 | -€164,457 | -5.8% |
| Operating profit (loss) | 9901 | €164,388 | -€84,280 | -€248,668 | |
| Financial income | 75/76B | €11,459 | €11,367 | -€92 | -0.8% |
| Recurring financial income | 75 | €11,459 | €11,367 | -€92 | -0.8% |
| Financial charges | 65/66B | €151,883 | €154,133 | +€2,250 | +1.5% |
| Recurring financial charges | 65 | €151,883 | €154,133 | +€2,250 | +1.5% |
| Profit (loss) for the period before taxes | 9903 | €23,964 | -€227,046 | -€251,010 | |
| Transfer from deferred taxes | 780 | €4,390 | €4,390 | = | 0.0% |
| Income taxes | 67/77 | €1,184 | €1,390 | +€206 | +17.4% |
| Profit (loss) for the period | 9904 | €27,170 | -€224,045 | -€251,216 | |
| Transfer from tax-exempt reserves | 789 | €13,171 | €13,171 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €40,341 | -€210,875 | -€251,216 |
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 2 October 2026 via checked.be.