Wyvern: 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.
Wyvern
Largest movements
- Cash -€84,423
down €84,423 (-69.1%), from €122,174 to €37,751
mainly Contributions, distributions and other (-€85,000) and Tax, wage and social debts (-€21,763)
- Tangible fixed assets -€14,415
down €14,415 (-24.5%), from €58,871 to €44,456
of which Furniture and vehicles: -€11,195
- Profit (loss) carried forward -€64,544
down €64,544 (-54.8%), from €117,701 to €53,157
- Tax, wage and social debts -€21,763
down €21,763 (-74.2%), from €29,331 to €7,568
- Current portion of long-term debt -€12,422
no longer reported in 2025 (was €12,422)
- Gross operating margin -€40,536
down €40,536 (-48.5%), from €83,503 to €42,967
- Taxes -€8,274
down €8,274 (-59.4%), from €13,941 to €5,667
- Depreciation +€935
up €935 (+6.5%), from €14,461 to €15,396
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 | €184,380 | €85,237 | -€99,143 | -53.8% |
| Fixed assets | 21/28 | €58,871 | €44,456 | -€14,415 | -24.5% |
| Tangible fixed assets | 22/27 | €58,871 | €44,456 | -€14,415 | -24.5% |
| Land and buildings | 22 | €29,206 | €25,985 | -€3,221 | -11.0% |
| Furniture and vehicles | 24 | €29,666 | €18,471 | -€11,195 | -37.7% |
| Current assets | 29/58 | €125,509 | €40,781 | -€84,728 | -67.5% |
| Amounts receivable within one year | 40/41 | €2,606 | €2,251 | -€355 | -13.6% |
| Trade receivables | 40 | €2,556 | - | -€2,556 | |
| Other amounts receivable | 41 | €50 | €2,251 | +€2,201 | +4403.7% |
| Cash at bank and in hand | 54/58 | €122,174 | €37,751 | -€84,423 | -69.1% |
| Deferred charges and accrued income | 490/1 | €728 | €779 | +€50 | +6.9% |
| Total equity and liabilities | 10/49 | €184,380 | €85,237 | -€99,143 | -53.8% |
| Equity | 10/15 | €119,701 | €55,157 | -€64,544 | -53.9% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Capital | 10 | €2,000 | €2,000 | = | 0.0% |
| Issued capital | 100 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €117,701 | €53,157 | -€64,544 | -54.8% |
| Amounts payable | 17/49 | €64,679 | €30,080 | -€34,599 | -53.5% |
| Amounts payable after more than one year | 17 | €19,308 | €19,308 | = | 0.0% |
| Financial debts | 170/4 | €19,308 | €19,308 | = | 0.0% |
| Amounts payable within one year | 42/48 | €45,371 | €10,772 | -€34,599 | -76.3% |
| Current portion of amounts payable after more than one year | 42 | €12,422 | - | -€12,422 | |
| Trade debts | 44 | €1,748 | €1,570 | -€178 | -10.2% |
| Suppliers | 440/4 | €1,748 | €1,570 | -€178 | -10.2% |
| Taxes, remuneration and social security | 45 | €29,331 | €7,568 | -€21,763 | -74.2% |
| Taxes | 450/3 | €29,331 | €7,568 | -€21,763 | -74.2% |
| Other amounts payable | 47/48 | €1,870 | €1,634 | -€236 | -12.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,461 | €15,396 | +€935 | +6.5% |
| Other operating charges | 640/8 | €179 | €582 | +€403 | +226.0% |
| Gross operating margin | 9900 | €83,503 | €42,967 | -€40,536 | -48.5% |
| Operating profit (loss) | 9901 | €68,863 | €26,989 | -€41,875 | -60.8% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €1,213 | €868 | -€345 | -28.4% |
| Recurring financial charges | 65 | €1,213 | €868 | -€345 | -28.4% |
| Profit (loss) for the period before taxes | 9903 | €67,651 | €26,123 | -€41,528 | -61.4% |
| Income taxes | 67/77 | €13,941 | €5,667 | -€8,274 | -59.4% |
| Profit (loss) for the period | 9904 | €53,710 | €20,456 | -€33,254 | -61.9% |
| Profit (loss) for the period to be appropriated | 9905 | €53,710 | €20,456 | -€33,254 | -61.9% |
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 8 October 2026 via checked.be.