WEALTH: what changed
What changed
WEALTH
NACE 73.300, Public relations and communication consultancy
filed annual accounts (NBB)
Net result for the year
€557,287
2024 · €1.3m-€720,255
Equity
€2.5m
2024 · €1.9m+€504,588
Cash
€1.2m
2024 · €46,777+€1.1m
Balance sheet total
€6.0m
2024 · €5.3m+€690,868
Largest movements
Assets
- Cash +€1.1m
up €1.1m (+2,375%), from €46,777 to €1.2m
mainly Net result for the year (+€557,287) and Depreciation (+€203,736)
- Tangible fixed assets -€514,283
down €514,283 (-11.5%), from €4.5m to €4.0m
of which Land and buildings: -€471,829
- Financial fixed assets +€241,073
up €241,073 (+47.3%), from €509,686 to €750,760
- Receivables within one year -€149,831
down €149,831 (-62.2%), from €240,778 to €90,948
of which Other amounts receivable: -€97,788
Equity and liabilities
- Profit (loss) carried forward +€337,965
up €337,965 (+22.1%), from €1.5m to €1.9m
- Reserves +€171,321
up €171,321 (+56.7%), from €302,255 to €473,576
of which Tax-exempt reserves: +€143,671
- Current portion of long-term debt +€104,072
up €104,072 (+37.7%), from €276,214 to €380,286
- Tax, wage and social debts +€103,266
up €103,266 (+119%), from €86,867 to €190,133
of which Taxes: +€99,972
Income statement
- Financial income -€1.0m
down €1.0m (-95.1%), from €1.1m to €53,083
of which Non-recurring financial income: -€1.0m
- Gross operating margin +€339,568
up €339,568 (+52.8%), from €643,643 to €983,211
- Other operating charges -€117,390
down €117,390 (-73.7%), from €159,194 to €41,805
- Depreciation +€55,759
up €55,759 (+37.7%), from €147,977 to €203,736
- Taxes +€42,708
up €42,708 (+80.0%), from €53,399 to €96,107
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€1.3m
Gross operating margin
+€339,568
Staff costs
-€15,187
Depreciation
-€55,759
Other operating charges
+€117,390
Financial income
-€1.0m
Financial charges
+€15,596
Taxes
-€42,708
Deferred taxes and other
-€57,107
Result 2025
€557,287
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€1.0m
Investment
+€69,473
Financing
+€19,279
Cash 2024
€46,777
From operations (derived)
+€1.0m
Net result for the year
+€557,287
Depreciation
+€203,736
Receivables within one year
+€149,831
Deferred charges and accrued income
-€3,102
Provisions
+€57,107
Trade debts
+€3,774
Tax, wage and social debts
+€103,266
Other debts
-€49,845
Investment (derived)
+€69,473
Investment in fixed assets (net)
+€69,473
Financing
+€19,279
Debts after one year
-€32,095
Current portion of long-term debt
+€104,072
Contributions, distributions and other
-€52,699
Cash 2025
€1.2m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,290,003 | €5,980,871 | +€690,868 | +13.1% |
| Fixed assets | 21/28 | €4,998,392 | €4,725,182 | -€273,210 | -5.5% |
| Tangible fixed assets | 22/27 | €4,488,706 | €3,974,422 | -€514,283 | -11.5% |
| Land and buildings | 22 | €4,384,620 | €3,912,791 | -€471,829 | -10.8% |
| Plant, machinery and equipment | 23 | €6,218 | €4,965 | -€1,253 | -20.1% |
| Furniture and vehicles | 24 | €97,868 | €56,667 | -€41,202 | -42.1% |
| Financial fixed assets | 28 | €509,686 | €750,760 | +€241,073 | +47.3% |
| Current assets | 29/58 | €291,611 | €1,255,689 | +€964,077 | +331% |
| Amounts receivable within one year | 40/41 | €240,778 | €90,948 | -€149,831 | -62.2% |
| Trade receivables | 40 | €109,457 | €57,414 | -€52,043 | -47.5% |
| Other amounts receivable | 41 | €131,321 | €33,533 | -€97,788 | -74.5% |
| Cash at bank and in hand | 54/58 | €46,777 | €1,157,584 | +€1.1m | +2,375% |
| Deferred charges and accrued income | 490/1 | €4,055 | €7,157 | +€3,102 | +76.5% |
| Total equity and liabilities | 10/49 | €5,290,003 | €5,980,871 | +€690,868 | +13.1% |
| Equity | 10/15 | €1,949,643 | €2,454,231 | +€504,588 | +25.9% |
| Contributions | 10/11 | €15,831 | €15,831 | = | 0.0% |
| Reserves | 13 | €302,255 | €473,576 | +€171,321 | +56.7% |
| Non-distributable reserves | 130/1 | €1,749 | €29,399 | +€27,650 | +1,581% |
| Reserves not available under the articles | 1311 | €1,749 | €29,399 | +€27,650 | +1,581% |
| Tax-exempt reserves | 132 | €27,650 | €171,321 | +€143,671 | +520% |
| Distributable reserves | 133 | €272,856 | €272,856 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,527,985 | €1,865,950 | +€337,965 | +22.1% |
| Investment grants | 15 | €103,572 | €98,873 | -€4,699 | -4.5% |
| Provisions and deferred taxes | 16 | - | €57,107 | +€57,107 | |
| Deferred taxes | 168 | - | €57,107 | +€57,107 | |
| Amounts payable | 17/49 | €3,340,360 | €3,469,533 | +€129,173 | +3.9% |
| Amounts payable after more than one year | 17 | €2,725,456 | €2,693,361 | -€32,095 | -1.2% |
| Financial debts | 170/4 | €2,622,837 | €2,593,361 | -€29,476 | -1.1% |
| Other amounts payable | 178/9 | €102,619 | €100,000 | -€2,619 | -2.6% |
| Amounts payable within one year | 42/48 | €614,904 | €776,171 | +€161,268 | +26.2% |
| Current portion of amounts payable after more than one year | 42 | €276,214 | €380,286 | +€104,072 | +37.7% |
| Trade debts | 44 | €12,916 | €16,690 | +€3,774 | +29.2% |
| Suppliers | 440/4 | €12,916 | €16,690 | +€3,774 | +29.2% |
| Taxes, remuneration and social security | 45 | €86,867 | €190,133 | +€103,266 | +119% |
| Taxes | 450/3 | €86,867 | €186,839 | +€99,972 | +115% |
| Remuneration and social security | 454/9 | - | €3,294 | +€3,294 | |
| Other amounts payable | 47/48 | €238,907 | €189,062 | -€49,845 | -20.9% |
| Non-recurring operating income | 76A | €61,933 | €312,892 | +€250,960 | +405% |
| Remuneration, social security and pensions | 62 | - | €15,187 | +€15,187 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €147,977 | €203,736 | +€55,759 | +37.7% |
| Other operating charges | 640/8 | €159,194 | €41,805 | -€117,390 | -73.7% |
| Gross operating margin | 9900 | €643,643 | €983,211 | +€339,568 | +52.8% |
| Operating profit (loss) | 9901 | €336,471 | €722,483 | +€386,011 | +115% |
| Financial income | 75/76B | €1,075,130 | €53,083 | -€1.0m | -95.1% |
| Recurring financial income | 75 | €75,130 | €53,083 | -€22,047 | -29.3% |
| Non-recurring financial income | 76B | €1,000,000 | €0 | -€1.0m | -100% |
| Financial charges | 65/66B | €80,660 | €65,065 | -€15,596 | -19.3% |
| Recurring financial charges | 65 | €80,660 | €65,065 | -€15,596 | -19.3% |
| Profit (loss) for the period before taxes | 9903 | €1,330,941 | €710,501 | -€620,440 | -46.6% |
| Transfer to deferred taxes | 680 | - | €57,107 | +€57,107 | |
| Income taxes | 67/77 | €53,399 | €96,107 | +€42,708 | +80.0% |
| Profit (loss) for the period | 9904 | €1,277,541 | €557,287 | -€720,255 | -56.4% |
| Transfer to tax-exempt reserves | 689 | - | €171,321 | +€171,321 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,277,541 | €385,965 | -€891,576 | -69.8% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.