WYDOS: 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.
What changed
WYDOS
NACE 64.210, Activities of holding companies
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€13,569
2024 · €104,270-€117,838
Equity
€11.5m
2024 · €11.5m-€13,569
Cash
€606,922
2024 · €455,026+€151,896
Balance sheet total
€11.6m
2024 · €12.3m-€612,967
Largest movements
Assets
- Receivables within one year -€1.0m
down €1.0m (-83.0%), from €1.2m to €208,839
of which Other amounts receivable: -€1.2m
- Financial fixed assets +€750,000
up €750,000 (+7.5%), from €10.1m to €10.8m
- Receivables after one year -€500,000
down €500,000 (-100.0%), from €500,000 to €0
- Cash +€151,896
up €151,896 (+33.4%), from €455,026 to €606,922
mainly Receivables within one year (+€1.0m) and Receivables after one year (+€500,000)
Equity and liabilities
- Other debts -€542,622
down €542,622 (-86.2%), from €629,514 to €86,892
Income statement
- Financial income -€204,314
down €204,314 (-94.0%), from €217,344 to €13,030
- Financial charges -€53,564
down €53,564 (-89.5%), from €59,854 to €6,290
- Services and other goods -€23,942
down €23,942 (-19.8%), from €120,785 to €96,843
- Goods and materials +€16,470
new in 2025: €16,470
- Turnover +€10,836
up €10,836 (+7.0%), from €153,748 to €164,584
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.
Result 2024
€104,270
Turnover
+€10,836
Other operating income
-€3,823
Goods and materials
-€16,470
Services and other goods
+€23,942
Staff costs
+€6,065
Depreciation
+€370
Other operating charges
+€1,833
Other operating items
+€10,145
Financial income
-€204,314
Financial charges
+€53,564
Taxes
+€14
Result 2025
-€13,569
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.
From operations
+€910,386
Investment
-€750,880
Financing
-€7,609
Cash 2024
€455,026
From operations (derived)
+€910,386
Net result for the year
-€13,569
Depreciation
+€1,780
Receivables after one year
+€500,000
Receivables within one year
+€1.0m
Deferred charges and accrued income
-€9,234
Trade debts
-€7,736
Tax, wage and social debts
+€3,833
Other debts
-€542,622
Accrued charges and deferred income
-€45,264
Investment (derived)
-€750,880
Investment in fixed assets (net)
-€750,880
Financing
-€7,609
Short-term financial debts
-€7,609
Cash 2025
€606,922
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €12,259,913 | €11,646,946 | -€612,967 | -5.0% |
| Fixed assets | 21/28 | €10,065,259 | €10,814,360 | +€749,101 | +7.4% |
| Tangible fixed assets | 22/27 | €5,061 | €4,162 | -€899 | -17.8% |
| Furniture and vehicles | 24 | €5,061 | €4,162 | -€899 | -17.8% |
| Financial fixed assets | 28 | €10,060,198 | €10,810,198 | +€750,000 | +7.5% |
| Affiliated companies | 280/1 | €10,060,198 | €10,810,198 | +€750,000 | +7.5% |
| Participating interests | 280 | €10,060,198 | €10,060,198 | = | 0.0% |
| Amounts receivable | 281 | - | €750,000 | +€750,000 | |
| Current assets | 29/58 | €2,194,654 | €832,587 | -€1.4m | -62.1% |
| Amounts receivable after more than one year | 29 | €500,000 | €0 | -€500,000 | -100.0% |
| Other amounts receivable | 291 | €500,000 | €0 | -€500,000 | -100.0% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €1,232,037 | €208,839 | -€1.0m | -83.0% |
| Trade receivables | 40 | €34,112 | €205,218 | +€171,105 | +501.6% |
| Other amounts receivable | 41 | €1,197,924 | €3,621 | -€1.2m | -99.7% |
| Current investments | 50/53 | €4,534 | €4,534 | = | 0.0% |
| Other investments | 51/53 | €4,534 | €4,534 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €455,026 | €606,922 | +€151,896 | +33.4% |
| Deferred charges and accrued income | 490/1 | €3,057 | €12,291 | +€9,234 | +302.0% |
| Total equity and liabilities | 10/49 | €12,259,913 | €11,646,946 | -€612,967 | -5.0% |
| Equity | 10/15 | €11,530,347 | €11,516,778 | -€13,569 | -0.1% |
| Contributions | 10/11 | €6,149,614 | €6,149,614 | = | 0.0% |
| Capital | 10 | €6,149,614 | €6,149,614 | = | 0.0% |
| Issued capital | 100 | €6,149,614 | €6,149,614 | = | 0.0% |
| Reserves | 13 | €744,961 | €744,961 | = | 0.0% |
| Non-distributable reserves | 130/1 | €744,961 | €744,961 | = | 0.0% |
| Legal reserve | 130 | €744,961 | €744,961 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,635,771 | €4,622,202 | -€13,569 | -0.3% |
| Amounts payable | 17/49 | €729,567 | €130,168 | -€599,398 | -82.2% |
| Amounts payable within one year | 42/48 | €669,303 | €115,168 | -€554,134 | -82.8% |
| Financial debts | 43 | €7,609 | €0 | -€7,609 | -100.0% |
| Credit institutions | 430/8 | €7,609 | €0 | -€7,609 | -100.0% |
| Trade debts | 44 | €12,224 | €4,488 | -€7,736 | -63.3% |
| Suppliers | 440/4 | €12,224 | €4,488 | -€7,736 | -63.3% |
| Taxes, remuneration and social security | 45 | €19,956 | €23,789 | +€3,833 | +19.2% |
| Taxes | 450/3 | €9,279 | €10,636 | +€1,357 | +14.6% |
| Remuneration and social security | 454/9 | €10,677 | €13,154 | +€2,477 | +23.2% |
| Other amounts payable | 47/48 | €629,514 | €86,892 | -€542,622 | -86.2% |
| Accrued charges and deferred income | 492/3 | €60,264 | €15,000 | -€45,264 | -75.1% |
| Operating income | 70/76A | €160,336 | €177,495 | +€17,159 | +10.7% |
| Turnover | 70 | €153,748 | €164,584 | +€10,836 | +7.0% |
| Other operating income | 74 | €6,588 | €2,765 | -€3,823 | -58.0% |
| Non-recurring operating income | 76A | - | €10,145 | +€10,145 | |
| Operating charges | 60/66A | €213,350 | €197,610 | -€15,739 | -7.4% |
| Goods for resale, raw materials and consumables | 60 | - | €16,470 | +€16,470 | |
| Purchases | 600/8 | - | €16,470 | +€16,470 | |
| Services and other goods | 61 | €120,785 | €96,843 | -€23,942 | -19.8% |
| Remuneration, social security and pensions | 62 | €88,445 | €82,380 | -€6,065 | -6.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,149 | €1,780 | -€370 | -17.2% |
| Other operating charges | 640/8 | €1,970 | €137 | -€1,833 | -93.0% |
| Operating profit (loss) | 9901 | -€53,014 | -€20,116 | +€32,898 | +62.1% |
| Financial income | 75/76B | €217,344 | €13,030 | -€204,314 | -94.0% |
| Recurring financial income | 75 | €217,344 | €13,030 | -€204,314 | -94.0% |
| Income from current assets | 751 | €26,581 | €13,029 | -€13,552 | -51.0% |
| Other financial income | 752/9 | €190,763 | €0 | -€190,762 | -100.0% |
| Financial charges | 65/66B | €59,854 | €6,290 | -€53,564 | -89.5% |
| Recurring financial charges | 65 | €59,854 | €6,290 | -€53,564 | -89.5% |
| Debt charges | 650 | €59,827 | €6,258 | -€53,569 | -89.5% |
| Other financial charges | 652/9 | €28 | €32 | +€4 | +16.0% |
| Profit (loss) for the period before taxes | 9903 | €104,476 | -€13,377 | -€117,852 | |
| Income taxes | 67/77 | €206 | €192 | -€14 | -6.7% |
| Taxes | 670/3 | €206 | €192 | -€14 | -6.7% |
| Profit (loss) for the period | 9904 | €104,270 | -€13,569 | -€117,838 | |
| Profit (loss) for the period to be appropriated | 9905 | €104,270 | -€13,569 | -€117,838 |
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 4 October 2026 via checked.be.