COMMUNICATIONWISE: 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.
COMMUNICATIONWISE
Largest movements
- Cash +€53,047
up €53,047 (+110.5%), from €48,005 to €101,052
mainly Current investments (+€28,392) and Depreciation (+€21,422)
- Current investments -€28,392
down €28,392 (-39.8%), from €71,392 to €43,000
- Tangible fixed assets -€17,928
down €17,928 (-8.4%), from €212,646 to €194,718
of which Furniture and vehicles: -€10,558
- Debts after one year -€22,225
down €22,225 (-44.9%), from €49,508 to €27,283
- Reserves +€15,233
up €15,233 (+6.3%), from €241,746 to €256,979
of which Distributable reserves: +€15,233
- Accrued charges and deferred income +€13,815
new in 2025: €13,815
- Gross operating margin +€15,465
up €15,465 (+37.2%), from €41,580 to €57,045
- Other operating charges +€12,057
up €12,057 (+566.2%), from €2,129 to €14,186
- Taxes +€1,777
up €1,777 (+32.8%), from €5,420 to €7,197
- Financial income +€1,426
up €1,426 (+118.1%), from €1,208 to €2,634
- Depreciation +€610
up €610 (+2.9%), from €20,813 to €21,422
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 | €369,830 | €375,668 | +€5,838 | +1.6% |
| Fixed assets | 21/28 | €212,646 | €194,718 | -€17,928 | -8.4% |
| Intangible fixed assets | 21 | - | €0 | = | |
| Tangible fixed assets | 22/27 | €212,646 | €194,718 | -€17,928 | -8.4% |
| Land and buildings | 22 | €173,738 | €166,368 | -€7,370 | -4.2% |
| Furniture and vehicles | 24 | €38,908 | €28,349 | -€10,558 | -27.1% |
| Current assets | 29/58 | €157,184 | €180,950 | +€23,767 | +15.1% |
| Amounts receivable within one year | 40/41 | €37,787 | €36,898 | -€889 | -2.4% |
| Trade receivables | 40 | €32,257 | €30,306 | -€1,952 | -6.1% |
| Other amounts receivable | 41 | €5,530 | €6,592 | +€1,063 | +19.2% |
| Current investments | 50/53 | €71,392 | €43,000 | -€28,392 | -39.8% |
| Cash at bank and in hand | 54/58 | €48,005 | €101,052 | +€53,047 | +110.5% |
| Total equity and liabilities | 10/49 | €369,830 | €375,668 | +€5,838 | +1.6% |
| Equity | 10/15 | €254,146 | €269,379 | +€15,233 | +6.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €241,746 | €256,979 | +€15,233 | +6.3% |
| Tax-exempt reserves | 132 | €24,468 | €24,468 | = | 0.0% |
| Distributable reserves | 133 | €217,278 | €232,511 | +€15,233 | +7.0% |
| Amounts payable | 17/49 | €115,684 | €106,289 | -€9,395 | -8.1% |
| Amounts payable after more than one year | 17 | €49,508 | €27,283 | -€22,225 | -44.9% |
| Financial debts | 170/4 | €49,508 | €27,283 | -€22,225 | -44.9% |
| Amounts payable within one year | 42/48 | €66,176 | €65,192 | -€984 | -1.5% |
| Current portion of amounts payable after more than one year | 42 | €22,870 | €22,225 | -€645 | -2.8% |
| Trade debts | 44 | €24,531 | €23,444 | -€1,087 | -4.4% |
| Suppliers | 440/4 | €24,531 | €23,444 | -€1,087 | -4.4% |
| Taxes, remuneration and social security | 45 | €17,523 | €18,138 | +€615 | +3.5% |
| Taxes | 450/3 | €17,523 | €18,138 | +€615 | +3.5% |
| Other amounts payable | 47/48 | €1,253 | €1,385 | +€132 | +10.5% |
| Accrued charges and deferred income | 492/3 | - | €13,815 | +€13,815 | |
| Turnover | 70 | - | €0 | = | |
| Non-recurring operating income | 76A | - | €0 | = | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,813 | €21,422 | +€610 | +2.9% |
| Other operating charges | 640/8 | €2,129 | €14,186 | +€12,057 | +566.2% |
| Gross operating margin | 9900 | €41,580 | €57,045 | +€15,465 | +37.2% |
| Operating profit (loss) | 9901 | €18,638 | €21,437 | +€2,799 | +15.0% |
| Financial income | 75/76B | €1,208 | €2,634 | +€1,426 | +118.1% |
| Recurring financial income | 75 | €1,208 | €2,634 | +€1,426 | +118.1% |
| Financial charges | 65/66B | €1,962 | €1,640 | -€322 | -16.4% |
| Recurring financial charges | 65 | €1,962 | €1,640 | -€322 | -16.4% |
| Profit (loss) for the period before taxes | 9903 | €17,884 | €22,430 | +€4,546 | +25.4% |
| Income taxes | 67/77 | €5,420 | €7,197 | +€1,777 | +32.8% |
| Profit (loss) for the period | 9904 | €12,464 | €15,233 | +€2,769 | +22.2% |
| Profit (loss) for the period to be appropriated | 9905 | €12,464 | €15,233 | +€2,769 | +22.2% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.