WRIGHT ET ASSOCIATES: 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.
WRIGHT ET ASSOCIATES
Largest movements
- Cash +€133,090
up €133,090 (+557%), from €23,897 to €156,988
mainly Net result for the year (+€50,473) and Receivables within one year (+€34,048)
- Receivables within one year -€34,048
down €34,048 (-76.7%), from €44,377 to €10,329
of which Trade receivables: -€32,171
- Tangible fixed assets -€9,968
down €9,968 (-46.8%), from €21,279 to €11,311
of which Furniture and vehicles: -€14,102
- Intangible fixed assets -€7,431
down €7,431 (-40.0%), from €18,567 to €11,136
- Deferred charges and accrued income -€2,701
down €2,701 (-74.9%), from €3,604 to €903
- Reserves +€42,200
up €42,200 (+85.0%), from €49,675 to €91,875
of which Distributable reserves: +€42,200
- Tax, wage and social debts +€33,018
up €33,018 (+232%), from €14,244 to €47,262
of which Taxes: +€22,252
- Other debts +€10,374
up €10,374 (+360%), from €2,883 to €13,257
- Current portion of long-term debt -€6,949
down €6,949 (-74.9%), from €9,282 to €2,333
- Gross operating margin +€146,974
up €146,974 (+156%), from €94,331 to €241,305
- Staff costs +€62,988
up €62,988 (+89.3%), from €70,502 to €133,490
- Taxes +€23,513
up €23,513 (+401%), from €5,857 to €29,370
- Depreciation -€4,697
down €4,697 (-16.5%), from €28,546 to €23,850
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €112,102 | €191,045 | +€78,943 | +70.4% |
| Fixed assets | 21/28 | €40,224 | €22,825 | -€17,399 | -43.3% |
| Intangible fixed assets | 21 | €18,567 | €11,136 | -€7,431 | -40.0% |
| Tangible fixed assets | 22/27 | €21,279 | €11,311 | -€9,968 | -46.8% |
| Plant, machinery and equipment | 23 | €0 | €4,134 | +€4,134 | |
| Furniture and vehicles | 24 | €21,279 | €7,178 | -€14,102 | -66.3% |
| Financial fixed assets | 28 | €378 | €378 | = | 0.0% |
| Current assets | 29/58 | €71,878 | €168,220 | +€96,342 | +134% |
| Amounts receivable within one year | 40/41 | €44,377 | €10,329 | -€34,048 | -76.7% |
| Trade receivables | 40 | €41,887 | €9,716 | -€32,171 | -76.8% |
| Other amounts receivable | 41 | €2,490 | €613 | -€1,877 | -75.4% |
| Cash at bank and in hand | 54/58 | €23,897 | €156,988 | +€133,090 | +557% |
| Deferred charges and accrued income | 490/1 | €3,604 | €903 | -€2,701 | -74.9% |
| Total equity and liabilities | 10/49 | €112,102 | €191,045 | +€78,943 | +70.4% |
| Equity | 10/15 | €83,518 | €126,197 | +€42,679 | +51.1% |
| Contributions | 10/11 | €8,726 | €8,726 | = | 0.0% |
| Reserves | 13 | €49,675 | €91,875 | +€42,200 | +85.0% |
| Non-distributable reserves | 130/1 | €1,875 | €1,875 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,875 | €1,875 | = | 0.0% |
| Distributable reserves | 133 | €47,800 | €90,000 | +€42,200 | +88.3% |
| Profit (loss) carried forward | 14 | €25,117 | €25,597 | +€479 | +1.9% |
| Amounts payable | 17/49 | €28,584 | €64,848 | +€36,264 | +127% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €28,584 | €64,428 | +€35,844 | +125% |
| Current portion of amounts payable after more than one year | 42 | €9,282 | €2,333 | -€6,949 | -74.9% |
| Trade debts | 44 | €2,174 | €1,576 | -€599 | -27.5% |
| Suppliers | 440/4 | €2,174 | €1,576 | -€599 | -27.5% |
| Taxes, remuneration and social security | 45 | €14,244 | €47,262 | +€33,018 | +232% |
| Taxes | 450/3 | €2,847 | €25,099 | +€22,252 | +782% |
| Remuneration and social security | 454/9 | €11,397 | €22,163 | +€10,766 | +94.5% |
| Other amounts payable | 47/48 | €2,883 | €13,257 | +€10,374 | +360% |
| Accrued charges and deferred income | 492/3 | €0 | €420 | +€420 | |
| Remuneration, social security and pensions | 62 | €70,502 | €133,490 | +€62,988 | +89.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,546 | €23,850 | -€4,697 | -16.5% |
| Other operating charges | 640/8 | €2,542 | €1,936 | -€606 | -23.8% |
| Gross operating margin | 9900 | €94,331 | €241,305 | +€146,974 | +156% |
| Operating profit (loss) | 9901 | -€7,260 | €82,028 | +€89,288 | |
| Financial income | 75/76B | €262 | €70 | -€193 | -73.4% |
| Recurring financial income | 75 | €262 | €70 | -€193 | -73.4% |
| Financial charges | 65/66B | €1,985 | €2,255 | +€270 | +13.6% |
| Recurring financial charges | 65 | €1,985 | €2,255 | +€270 | +13.6% |
| Profit (loss) for the period before taxes | 9903 | -€8,983 | €79,843 | +€88,825 | |
| Income taxes | 67/77 | €5,857 | €29,370 | +€23,513 | +401% |
| Profit (loss) for the period | 9904 | -€14,840 | €50,473 | +€65,312 | |
| Profit (loss) for the period to be appropriated | 9905 | -€14,840 | €50,473 | +€65,312 |
Source: filed annual accounts (NBB), financial years ended 30 September 2023 and 30 September 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.