WILFRIED DE BRABANDER: what changed
WILFRIED DE BRABANDER
Largest movements
- Receivables within one year +€25,174
up €25,174 (+92.8%), from €27,137 to €52,311
of which Trade receivables: +€25,140
- Stocks and contracts -€11,982
no longer reported in 2025 (was €11,982)
- Cash -€7,278
down €7,278 (-8.3%), from €87,272 to €79,994
mainly Receivables within one year (-€25,174) and Net result for the year (-€6,999)
- Trade debts +€16,302
up €16,302 (+6,423%), from €254 to €16,556
- Profit (loss) carried forward -€6,999
down €6,999 (-36.8%), from -€19,030 to -€26,029
- Tax, wage and social debts -€3,412
down €3,412 (-50.4%), from €6,770 to €3,358
- Gross operating margin +€13,342
up €13,342 (+66.6%), from -€20,037 to -€6,695
- Financial income -€1,666
no longer reported in 2025 (was €1,666)
- Other operating charges -€231
down €231 (-50.3%), from €459 to €228
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €126,413 | €132,305 | +€5,892 | +4.7% |
| Fixed assets | 21/28 | €22 | - | -€22 | |
| Tangible fixed assets | 22/27 | €22 | - | -€22 | |
| Plant, machinery and equipment | 23 | €22 | - | -€22 | |
| Current assets | 29/58 | €126,391 | €132,305 | +€5,914 | +4.7% |
| Stocks and contracts in progress | 3 | €11,982 | - | -€11,982 | |
| Stocks | 30/36 | €11,982 | - | -€11,982 | |
| Amounts receivable within one year | 40/41 | €27,137 | €52,311 | +€25,174 | +92.8% |
| Trade receivables | 40 | €1,404 | €26,544 | +€25,140 | +1,791% |
| Other amounts receivable | 41 | €25,733 | €25,767 | +€34 | +0.1% |
| Cash at bank and in hand | 54/58 | €87,272 | €79,994 | -€7,278 | -8.3% |
| Total equity and liabilities | 10/49 | €126,413 | €132,305 | +€5,892 | +4.7% |
| Equity | 10/15 | €119,389 | €112,390 | -€6,999 | -5.9% |
| Contributions | 10/11 | €31,235 | €31,235 | = | 0.0% |
| Reserves | 13 | €107,185 | €107,185 | = | 0.0% |
| Distributable reserves | 133 | €107,185 | €107,185 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€19,030 | -€26,029 | -€6,999 | -36.8% |
| Amounts payable | 17/49 | €7,024 | €19,915 | +€12,891 | +184% |
| Amounts payable within one year | 42/48 | €7,024 | €19,915 | +€12,891 | +184% |
| Trade debts | 44 | €254 | €16,556 | +€16,302 | +6,423% |
| Suppliers | 440/4 | €254 | €16,556 | +€16,302 | +6,423% |
| Taxes, remuneration and social security | 45 | €6,770 | €3,358 | -€3,412 | -50.4% |
| Taxes | 450/3 | €6,770 | €3,358 | -€3,412 | -50.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22 | €22 | = | 0.0% |
| Other operating charges | 640/8 | €459 | €228 | -€231 | -50.3% |
| Gross operating margin | 9900 | -€20,037 | -€6,695 | +€13,342 | +66.6% |
| Operating profit (loss) | 9901 | -€20,518 | -€6,945 | +€13,573 | +66.2% |
| Financial income | 75/76B | €1,666 | - | -€1,666 | |
| Recurring financial income | 75 | €1,666 | - | -€1,666 | |
| Financial charges | 65/66B | €178 | €54 | -€124 | -69.7% |
| Recurring financial charges | 65 | €178 | €54 | -€124 | -69.7% |
| Profit (loss) for the period before taxes | 9903 | -€19,030 | -€6,999 | +€12,031 | +63.2% |
| Profit (loss) for the period | 9904 | -€19,030 | -€6,999 | +€12,031 | +63.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€19,030 | -€6,999 | +€12,031 | +63.2% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.