WIZARDS & DRAGONS: 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.
WIZARDS & DRAGONS
Largest movements
- Cash -€16,380
down €16,380 (-12.9%), from €126,982 to €110,603
mainly Investment in fixed assets (net) (-€37,682) and Contributions, distributions and other (-€25,468)
- Receivables within one year -€14,354
down €14,354 (-43.0%), from €33,344 to €18,990
of which Trade receivables: -€20,119
- Tangible fixed assets -€5,358
down €5,358 (-3.4%), from €157,302 to €151,944
of which Furniture and vehicles: -€12,666
- Reserves -€25,890
down €25,890 (-17.9%), from €144,820 to €118,930
of which Distributable reserves: -€25,890
- Debts after one year -€11,220
down €11,220 (-9.4%), from €119,254 to €108,034
- Other debts +€11,118
up €11,118 (+68.2%), from €16,300 to €27,418
- Trade debts -€4,971
down €4,971 (-84.7%), from €5,869 to €898
- Gross operating margin -€10,559
down €10,559 (-17.1%), from €61,772 to €51,213
- Taxes -€7,468
down €7,468 (-79.0%), from €9,452 to €1,985
- Depreciation +€4,081
up €4,081 (+10.5%), from €38,959 to €43,039
- Staff costs -€3,520
no longer reported in 2025 (was €3,520)
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 | €321,761 | €288,173 | -€33,588 | -10.4% |
| Fixed assets | 21/28 | €157,302 | €151,944 | -€5,358 | -3.4% |
| Tangible fixed assets | 22/27 | €157,302 | €151,944 | -€5,358 | -3.4% |
| Land and buildings | 22 | €113,048 | €121,800 | +€8,751 | +7.7% |
| Plant, machinery and equipment | 23 | €2,614 | €1,353 | -€1,260 | -48.2% |
| Furniture and vehicles | 24 | €40,817 | €28,151 | -€12,666 | -31.0% |
| Other tangible fixed assets | 26 | €823 | €641 | -€182 | -22.2% |
| Current assets | 29/58 | €164,459 | €136,229 | -€28,230 | -17.2% |
| Amounts receivable within one year | 40/41 | €33,344 | €18,990 | -€14,354 | -43.0% |
| Trade receivables | 40 | €20,693 | €574 | -€20,119 | -97.2% |
| Other amounts receivable | 41 | €12,650 | €18,415 | +€5,765 | +45.6% |
| Cash at bank and in hand | 54/58 | €126,982 | €110,603 | -€16,380 | -12.9% |
| Deferred charges and accrued income | 490/1 | €4,133 | €6,637 | +€2,503 | +60.6% |
| Total equity and liabilities | 10/49 | €321,761 | €288,173 | -€33,588 | -10.4% |
| Equity | 10/15 | €163,420 | €137,530 | -€25,890 | -15.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €144,820 | €118,930 | -€25,890 | -17.9% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €142,960 | €117,070 | -€25,890 | -18.1% |
| Amounts payable | 17/49 | €158,341 | €150,643 | -€7,697 | -4.9% |
| Amounts payable after more than one year | 17 | €119,254 | €108,034 | -€11,220 | -9.4% |
| Financial debts | 170/4 | €119,254 | €108,034 | -€11,220 | -9.4% |
| Amounts payable within one year | 42/48 | €39,087 | €42,609 | +€3,523 | +9.0% |
| Current portion of amounts payable after more than one year | 42 | €11,031 | €11,220 | +€190 | +1.7% |
| Trade debts | 44 | €5,869 | €898 | -€4,971 | -84.7% |
| Suppliers | 440/4 | €5,869 | €898 | -€4,971 | -84.7% |
| Taxes, remuneration and social security | 45 | €5,888 | €3,073 | -€2,814 | -47.8% |
| Taxes | 450/3 | €5,888 | €3,073 | -€2,814 | -47.8% |
| Other amounts payable | 47/48 | €16,300 | €27,418 | +€11,118 | +68.2% |
| Non-recurring operating income | 76A | - | €1,831 | +€1,831 | |
| Remuneration, social security and pensions | 62 | €3,520 | - | -€3,520 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,959 | €43,039 | +€4,081 | +10.5% |
| Other operating charges | 640/8 | €2,668 | €2,648 | -€20 | -0.8% |
| Gross operating margin | 9900 | €61,772 | €51,213 | -€10,559 | -17.1% |
| Operating profit (loss) | 9901 | €16,625 | €5,525 | -€11,100 | -66.8% |
| Financial income | 75/76B | €872 | €566 | -€306 | -35.1% |
| Recurring financial income | 75 | €872 | €566 | -€306 | -35.1% |
| Financial charges | 65/66B | €4,845 | €4,529 | -€316 | -6.5% |
| Recurring financial charges | 65 | €4,845 | €4,529 | -€316 | -6.5% |
| Profit (loss) for the period before taxes | 9903 | €12,651 | €1,562 | -€11,089 | -87.7% |
| Income taxes | 67/77 | €9,452 | €1,985 | -€7,468 | -79.0% |
| Profit (loss) for the period | 9904 | €3,199 | -€422 | -€3,622 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,199 | -€422 | -€3,622 |
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 16 October 2026 via checked.be.