WYDECO: 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.
WYDECO
Largest movements
- Tangible fixed assets -€33,418
down €33,418 (-2.5%), from €1.3m to €1.3m
of which Land and buildings: -€59,924
- Debts after one year -€99,996
down €99,996 (-11.3%), from €883,338 to €783,342
- Reserves +€48,059
up €48,059 (+53.2%), from €90,259 to €138,318
of which Distributable reserves: +€48,059
- Other debts +€20,000
up €20,000 (+10.0%), from €200,000 to €220,000
- Gross operating margin +€63,773
up €63,773 (+74.3%), from €85,883 to €149,656
- Depreciation -€38,239
down €38,239 (-38.1%), from €100,450 to €62,212
- Financial charges +€25,550
up €25,550 (+561%), from €4,551 to €30,101
- Other operating charges -€6,249
down €6,249 (-41.1%), from €15,212 to €8,963
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 | €1,341,340 | €1,308,020 | -€33,320 | -2.5% |
| Fixed assets | 21/28 | €1,317,177 | €1,283,760 | -€33,418 | -2.5% |
| Tangible fixed assets | 22/27 | €1,317,177 | €1,283,760 | -€33,418 | -2.5% |
| Land and buildings | 22 | €1,315,640 | €1,255,716 | -€59,924 | -4.6% |
| Plant, machinery and equipment | 23 | €1,239 | €28,044 | +€26,806 | +2,164% |
| Furniture and vehicles | 24 | €299 | - | -€299 | |
| Current assets | 29/58 | €24,163 | €24,260 | +€97 | +0.4% |
| Cash at bank and in hand | 54/58 | €22,022 | €14,819 | -€7,203 | -32.7% |
| Deferred charges and accrued income | 490/1 | €2,141 | €9,441 | +€7,300 | +341% |
| Total equity and liabilities | 10/49 | €1,341,340 | €1,308,020 | -€33,320 | -2.5% |
| Equity | 10/15 | €151,759 | €199,818 | +€48,059 | +31.7% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €90,259 | €138,318 | +€48,059 | +53.2% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Distributable reserves | 133 | €84,109 | €132,168 | +€48,059 | +57.1% |
| Amounts payable | 17/49 | €1,189,582 | €1,108,202 | -€81,379 | -6.8% |
| Amounts payable after more than one year | 17 | €883,338 | €783,342 | -€99,996 | -11.3% |
| Financial debts | 170/4 | €883,338 | €783,342 | -€99,996 | -11.3% |
| Amounts payable within one year | 42/48 | €306,244 | €324,860 | +€18,617 | +6.1% |
| Current portion of amounts payable after more than one year | 42 | €99,996 | €99,996 | = | 0.0% |
| Trade debts | 44 | €4,769 | €2,209 | -€2,560 | -53.7% |
| Suppliers | 440/4 | €4,769 | €2,209 | -€2,560 | -53.7% |
| Taxes, remuneration and social security | 45 | €1,479 | €2,656 | +€1,177 | +79.6% |
| Taxes | 450/3 | €1,479 | €2,656 | +€1,177 | +79.6% |
| Other amounts payable | 47/48 | €200,000 | €220,000 | +€20,000 | +10.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €100,450 | €62,212 | -€38,239 | -38.1% |
| Other operating charges | 640/8 | €15,212 | €8,963 | -€6,249 | -41.1% |
| Gross operating margin | 9900 | €85,883 | €149,656 | +€63,773 | +74.3% |
| Operating profit (loss) | 9901 | -€29,779 | €78,482 | +€108,261 | |
| Financial charges | 65/66B | €4,551 | €30,101 | +€25,550 | +561% |
| Recurring financial charges | 65 | €4,551 | €30,101 | +€25,550 | +561% |
| Profit (loss) for the period before taxes | 9903 | -€34,330 | €48,382 | +€82,711 | |
| Income taxes | 67/77 | - | €323 | +€323 | |
| Profit (loss) for the period | 9904 | -€34,330 | €48,059 | +€82,389 | |
| Profit (loss) for the period to be appropriated | 9905 | -€34,330 | €48,059 | +€82,389 |
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 14 October 2026 via checked.be.