WUIDAR: 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.
WUIDAR
Largest movements
- Cash +€69,988
up €69,988 (+34.1%), from €205,205 to €275,193
mainly Net result for the year (+€123,732) and Depreciation (+€58,501)
- Receivables within one year -€46,774
down €46,774 (-15.3%), from €305,604 to €258,830
of which Trade receivables: -€77,573
- Tangible fixed assets -€16,611
down €16,611 (-3.1%), from €531,127 to €514,516
of which Land and buildings: -€26,847
- Profit (loss) carried forward +€69,368
up €69,368 (+16.3%), from €425,747 to €495,116
- Trade debts -€57,669
down €57,669 (-22.3%), from €258,186 to €200,517
- Reserves +€36,364
up €36,364 (+23.8%), from €152,898 to €189,262
of which Distributable reserves: +€36,364
- Debts after one year -€35,486
down €35,486 (-20.9%), from €170,083 to €134,598
- Tax, wage and social debts +€32,101
up €32,101 (+36.9%), from €86,927 to €119,027
of which Taxes: +€24,185
- Gross operating margin +€85,455
up €85,455 (+23.4%), from €365,228 to €450,683
- Staff costs +€48,316
up €48,316 (+30.6%), from €157,816 to €206,132
- Depreciation +€9,988
up €9,988 (+20.6%), from €48,513 to €58,501
- Other operating charges +€9,377
up €9,377 (+95.2%), from €9,849 to €19,226
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,205,405 | €1,227,673 | +€22,267 | +1.8% |
| Fixed assets | 21/28 | €542,115 | €536,025 | -€6,090 | -1.1% |
| Intangible fixed assets | 21 | €9,376 | €20,096 | +€10,719 | +114.3% |
| Tangible fixed assets | 22/27 | €531,127 | €514,516 | -€16,611 | -3.1% |
| Land and buildings | 22 | €398,798 | €371,951 | -€26,847 | -6.7% |
| Plant, machinery and equipment | 23 | €65,212 | €83,205 | +€17,993 | +27.6% |
| Furniture and vehicles | 24 | €54,392 | €41,907 | -€12,485 | -23.0% |
| Other tangible fixed assets | 26 | €12,724 | €9,953 | -€2,772 | -21.8% |
| Assets under construction and advance payments | 27 | - | €7,500 | +€7,500 | |
| Financial fixed assets | 28 | €1,611 | €1,413 | -€198 | -12.3% |
| Current assets | 29/58 | €663,290 | €691,648 | +€28,357 | +4.3% |
| Stocks and contracts in progress | 3 | €147,224 | €149,305 | +€2,081 | +1.4% |
| Stocks | 30/36 | €147,224 | €149,305 | +€2,081 | +1.4% |
| Amounts receivable within one year | 40/41 | €305,604 | €258,830 | -€46,774 | -15.3% |
| Trade receivables | 40 | €262,302 | €184,729 | -€77,573 | -29.6% |
| Other amounts receivable | 41 | €43,302 | €74,101 | +€30,799 | +71.1% |
| Cash at bank and in hand | 54/58 | €205,205 | €275,193 | +€69,988 | +34.1% |
| Deferred charges and accrued income | 490/1 | €5,257 | €8,320 | +€3,063 | +58.3% |
| Total equity and liabilities | 10/49 | €1,205,405 | €1,227,673 | +€22,267 | +1.8% |
| Equity | 10/15 | €609,097 | €714,829 | +€105,732 | +17.4% |
| Contributions | 10/11 | €30,451 | €30,451 | = | 0.0% |
| Reserves | 13 | €152,898 | €189,262 | +€36,364 | +23.8% |
| Tax-exempt reserves | 132 | €25,626 | €25,626 | = | 0.0% |
| Distributable reserves | 133 | €127,273 | €163,636 | +€36,364 | +28.6% |
| Profit (loss) carried forward | 14 | €425,747 | €495,116 | +€69,368 | +16.3% |
| Amounts payable | 17/49 | €596,308 | €512,844 | -€83,464 | -14.0% |
| Amounts payable after more than one year | 17 | €170,083 | €134,598 | -€35,486 | -20.9% |
| Financial debts | 170/4 | €170,083 | €134,598 | -€35,486 | -20.9% |
| Amounts payable within one year | 42/48 | €426,225 | €378,246 | -€47,979 | -11.3% |
| Current portion of amounts payable after more than one year | 42 | €59,445 | €35,386 | -€24,059 | -40.5% |
| Trade debts | 44 | €258,186 | €200,517 | -€57,669 | -22.3% |
| Suppliers | 440/4 | €258,186 | €200,517 | -€57,669 | -22.3% |
| Advances received on contracts in progress | 46 | €8,668 | €14,316 | +€5,648 | +65.2% |
| Taxes, remuneration and social security | 45 | €86,927 | €119,027 | +€32,101 | +36.9% |
| Taxes | 450/3 | €56,954 | €81,140 | +€24,185 | +42.5% |
| Remuneration and social security | 454/9 | €29,972 | €37,888 | +€7,916 | +26.4% |
| Other amounts payable | 47/48 | €13,000 | €9,000 | -€4,000 | -30.8% |
| Non-recurring operating income | 76A | €413 | - | -€413 | |
| Remuneration, social security and pensions | 62 | €157,816 | €206,132 | +€48,316 | +30.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €48,513 | €58,501 | +€9,988 | +20.6% |
| Other operating charges | 640/8 | €9,849 | €19,226 | +€9,377 | +95.2% |
| Non-recurring operating charges | 66A | €1,768 | - | -€1,768 | |
| Gross operating margin | 9900 | €365,228 | €450,683 | +€85,455 | +23.4% |
| Operating profit (loss) | 9901 | €147,281 | €166,824 | +€19,542 | +13.3% |
| Financial income | 75/76B | €2,775 | €2,515 | -€260 | -9.4% |
| Recurring financial income | 75 | €2,775 | €2,058 | -€716 | -25.8% |
| Non-recurring financial income | 76B | - | €457 | +€457 | |
| Financial charges | 65/66B | €8,466 | €8,956 | +€490 | +5.8% |
| Recurring financial charges | 65 | €8,466 | €8,956 | +€490 | +5.8% |
| Profit (loss) for the period before taxes | 9903 | €141,590 | €160,382 | +€18,793 | +13.3% |
| Income taxes | 67/77 | €32,239 | €36,650 | +€4,411 | +13.7% |
| Profit (loss) for the period | 9904 | €109,351 | €123,732 | +€14,381 | +13.2% |
| Profit (loss) for the period to be appropriated | 9905 | €109,351 | €123,732 | +€14,381 | +13.2% |
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 7 October 2026 via checked.be.