Wreckords: 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.
Wreckords
Largest movements
- Tangible fixed assets -€18,243
down €18,243 (-2.4%), from €768,853 to €750,610
of which Land and buildings: -€11,538
- Other debts +€108,817
up €108,817 (+13.5%), from €808,141 to €916,958
- Profit (loss) carried forward -€91,286
down €91,286 (-16.7%), from -€546,938 to -€638,224
- Debts after one year -€31,990
down €31,990 (-10.5%), from €305,046 to €273,056
- Financial income -€42,118
down €42,118 (-99.8%), from €42,188 to €70
- Other operating charges -€29,000
no longer reported in 2025 (was €29,000)
- Depreciation +€2,846
up €2,846 (+3.2%), from €88,495 to €91,341
- Gross operating margin +€2,791
up €2,791 (+443%), from €629 to €3,420
- Financial charges -€531
down €531 (-14.0%), from €3,792 to €3,261
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 | €856,146 | €835,530 | -€20,616 | -2.4% |
| Fixed assets | 21/28 | €769,603 | €751,360 | -€18,243 | -2.4% |
| Tangible fixed assets | 22/27 | €768,853 | €750,610 | -€18,243 | -2.4% |
| Land and buildings | 22 | €748,916 | €737,378 | -€11,538 | -1.5% |
| Plant, machinery and equipment | 23 | €11,742 | €8,567 | -€3,175 | -27.0% |
| Furniture and vehicles | 24 | €8,195 | €4,665 | -€3,530 | -43.1% |
| Financial fixed assets | 28 | €750 | €750 | = | 0.0% |
| Current assets | 29/58 | €86,543 | €84,170 | -€2,373 | -2.7% |
| Amounts receivable after more than one year | 29 | €45,000 | €45,000 | = | 0.0% |
| Trade receivables | 290 | €45,000 | €45,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €27,134 | €29,151 | +€2,016 | +7.4% |
| Trade receivables | 40 | €6,037 | €5,036 | -€1,000 | -16.6% |
| Other amounts receivable | 41 | €21,098 | €24,114 | +€3,017 | +14.3% |
| Cash at bank and in hand | 54/58 | €14,409 | €10,020 | -€4,389 | -30.5% |
| Total equity and liabilities | 10/49 | €856,146 | €835,530 | -€20,616 | -2.4% |
| Equity | 10/15 | -€300,485 | -€391,771 | -€91,286 | -30.4% |
| Contributions | 10/11 | €116,312 | €116,312 | = | 0.0% |
| Revaluation surpluses | 12 | €116,371 | €116,371 | = | 0.0% |
| Reserves | 13 | €13,771 | €13,771 | = | 0.0% |
| Non-distributable reserves | 130/1 | €11,631 | €11,631 | = | 0.0% |
| Reserves not available under the articles | 1311 | €11,631 | €11,631 | = | 0.0% |
| Tax-exempt reserves | 132 | €2,139 | €2,139 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€546,938 | -€638,224 | -€91,286 | -16.7% |
| Amounts payable | 17/49 | €1,156,631 | €1,227,301 | +€70,670 | +6.1% |
| Amounts payable after more than one year | 17 | €305,046 | €273,056 | -€31,990 | -10.5% |
| Financial debts | 170/4 | €305,046 | €273,056 | -€31,990 | -10.5% |
| Amounts payable within one year | 42/48 | €851,585 | €954,245 | +€102,660 | +12.1% |
| Current portion of amounts payable after more than one year | 42 | €37,446 | €34,911 | -€2,535 | -6.8% |
| Trade debts | 44 | €5,999 | €2,376 | -€3,623 | -60.4% |
| Suppliers | 440/4 | €5,999 | €2,376 | -€3,623 | -60.4% |
| Other amounts payable | 47/48 | €808,141 | €916,958 | +€108,817 | +13.5% |
| Remuneration, social security and pensions | 62 | €339 | - | -€339 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €88,495 | €91,341 | +€2,846 | +3.2% |
| Other operating charges | 640/8 | €29,000 | - | -€29,000 | |
| Gross operating margin | 9900 | €629 | €3,420 | +€2,791 | +443% |
| Operating profit (loss) | 9901 | -€117,206 | -€87,921 | +€29,285 | +25.0% |
| Financial income | 75/76B | €42,188 | €70 | -€42,118 | -99.8% |
| Recurring financial income | 75 | €42,188 | €70 | -€42,118 | -99.8% |
| Financial charges | 65/66B | €3,792 | €3,261 | -€531 | -14.0% |
| Recurring financial charges | 65 | €3,792 | €3,261 | -€531 | -14.0% |
| Profit (loss) for the period before taxes | 9903 | -€78,809 | -€91,112 | -€12,303 | -15.6% |
| Income taxes | 67/77 | €217 | €174 | -€43 | -20.0% |
| Profit (loss) for the period | 9904 | -€79,026 | -€91,286 | -€12,259 | -15.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€79,026 | -€91,286 | -€12,259 | -15.5% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.