2WSV: 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.
2WSV
Largest movements
- Cash -€5,531
down €5,531 (-89.4%), from €6,186 to €656
mainly Net result for the year (-€4,858) and Receivables within one year (-€4,478)
- Receivables within one year +€4,478
up €4,478 (+162.7%), from €2,752 to €7,230
- Stocks and contracts -€2,130
down €2,130 (-29.5%), from €7,226 to €5,096
- Profit (loss) carried forward -€4,858
down €4,858 (-5.9%), from -€82,671 to -€87,529
- Other debts +€1,215
up €1,215 (+1.6%), from €74,261 to €75,476
- Trade debts +€924
up €924 (+14.2%), from €6,484 to €7,408
- Tax, wage and social debts -€518
down €518 (-23.7%), from €2,181 to €1,663
- Gross operating margin -€2,000
down €2,000 (-403.3%), from -€496 to -€2,495
- Depreciation -€410
down €410 (-79.2%), from €518 to €108
- Other operating charges +€53
up €53 (+3.3%), from €1,611 to €1,665
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 | €18,316 | €15,078 | -€3,238 | -17.7% |
| Fixed assets | 21/28 | €259 | €151 | -€108 | -41.8% |
| Tangible fixed assets | 22/27 | €194 | €86 | -€108 | -55.8% |
| Furniture and vehicles | 24 | €194 | €86 | -€108 | -55.8% |
| Financial fixed assets | 28 | €65 | €65 | = | 0.0% |
| Current assets | 29/58 | €18,057 | €14,927 | -€3,130 | -17.3% |
| Stocks and contracts in progress | 3 | €7,226 | €5,096 | -€2,130 | -29.5% |
| Stocks | 30/36 | €7,226 | €5,096 | -€2,130 | -29.5% |
| Amounts receivable within one year | 40/41 | €2,752 | €7,230 | +€4,478 | +162.7% |
| Trade receivables | 40 | €2,752 | €7,230 | +€4,478 | +162.7% |
| Cash at bank and in hand | 54/58 | €6,186 | €656 | -€5,531 | -89.4% |
| Deferred charges and accrued income | 490/1 | €1,893 | €1,946 | +€53 | +2.8% |
| Total equity and liabilities | 10/49 | €18,316 | €15,078 | -€3,238 | -17.7% |
| Equity | 10/15 | -€64,611 | -€69,469 | -€4,858 | -7.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Outside capital | 11 | €6,200 | €6,200 | = | 0.0% |
| Other | 1109/19 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €11,860 | €11,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€82,671 | -€87,529 | -€4,858 | -5.9% |
| Amounts payable | 17/49 | €82,926 | €84,547 | +€1,621 | +2.0% |
| Amounts payable within one year | 42/48 | €82,926 | €84,547 | +€1,621 | +2.0% |
| Trade debts | 44 | €6,484 | €7,408 | +€924 | +14.2% |
| Suppliers | 440/4 | €6,484 | €7,408 | +€924 | +14.2% |
| Taxes, remuneration and social security | 45 | €2,181 | €1,663 | -€518 | -23.7% |
| Taxes | 450/3 | €2,181 | €1,663 | -€518 | -23.7% |
| Other amounts payable | 47/48 | €74,261 | €75,476 | +€1,215 | +1.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €518 | €108 | -€410 | -79.2% |
| Other operating charges | 640/8 | €1,611 | €1,665 | +€53 | +3.3% |
| Gross operating margin | 9900 | -€496 | -€2,495 | -€2,000 | -403.3% |
| Operating profit (loss) | 9901 | -€2,626 | -€4,268 | -€1,643 | -62.6% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €1 | - | -€1 | |
| Recurring financial charges | 65 | €1 | - | -€1 | |
| Profit (loss) for the period before taxes | 9903 | -€2,627 | -€4,267 | -€1,641 | -62.5% |
| Income taxes | 67/77 | €580 | €591 | +€12 | +2.0% |
| Profit (loss) for the period | 9904 | -€3,206 | -€4,858 | -€1,652 | -51.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,206 | -€4,858 | -€1,652 | -51.5% |
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 30 September 2026 via checked.be.