G-wyse: what changed
Two financial 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.
G-wyse
Largest movements
- Cash +€20,940
up €20,940 (+85.3%), from €24,550 to €45,490
mainly Net result for the year (+€19,841) and Receivables within one year (+€2,158)
- Receivables within one year -€2,158
down €2,158 (-10.2%), from €21,234 to €19,077
of which Other amounts receivable: -€1,343
- Deferred charges and accrued income -€1,539
down €1,539 (-36.8%), from €4,176 to €2,637
- Tangible fixed assets +€869
up €869 (+61.5%), from €1,413 to €2,282
of which Furniture and vehicles: +€1,231
- Reserves +€19,841
up €19,841 (+52.2%), from €38,040 to €57,882
- Other debts -€2,205
down €2,205 (-100%), from €2,205 to €0
- Gross operating margin +€8,756
up €8,756 (+39.0%), from €22,424 to €31,180
- Taxes +€1,484
up €1,484 (+26.6%), from €5,570 to €7,054
- Financial charges +€1,208
up €1,208 (+61.6%), from €1,960 to €3,168
- Depreciation +€488
up €488 (+1,366%), from €36 to €524
- Other operating charges +€443
up €443 (+170%), from €260 to €703
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.
Derived cash bridge
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 | €51,374 | €69,486 | +€18,112 | +35.3% |
| Fixed assets | 21/28 | €1,413 | €2,282 | +€869 | +61.5% |
| Tangible fixed assets | 22/27 | €1,413 | €2,282 | +€869 | +61.5% |
| Furniture and vehicles | 24 | €0 | €1,231 | +€1,231 | |
| Other tangible fixed assets | 26 | €1,413 | €1,051 | -€362 | -25.6% |
| Current assets | 29/58 | €49,960 | €67,204 | +€17,243 | +34.5% |
| Amounts receivable within one year | 40/41 | €21,234 | €19,077 | -€2,158 | -10.2% |
| Trade receivables | 40 | €19,296 | €18,481 | -€815 | -4.2% |
| Other amounts receivable | 41 | €1,938 | €595 | -€1,343 | -69.3% |
| Cash at bank and in hand | 54/58 | €24,550 | €45,490 | +€20,940 | +85.3% |
| Deferred charges and accrued income | 490/1 | €4,176 | €2,637 | -€1,539 | -36.8% |
| Total equity and liabilities | 10/49 | €51,374 | €69,486 | +€18,112 | +35.3% |
| Equity | 10/15 | €40,540 | €60,382 | +€19,841 | +48.9% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €38,040 | €57,882 | +€19,841 | +52.2% |
| Distributable reserves | 133 | €38,040 | €57,882 | +€19,841 | +52.2% |
| Amounts payable | 17/49 | €10,834 | €9,104 | -€1,729 | -16.0% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €10,834 | €9,104 | -€1,729 | -16.0% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €3,028 | €3,180 | +€152 | +5.0% |
| Suppliers | 440/4 | €3,028 | €3,180 | +€152 | +5.0% |
| Taxes, remuneration and social security | 45 | €5,601 | €5,924 | +€323 | +5.8% |
| Taxes | 450/3 | €5,601 | €5,924 | +€323 | +5.8% |
| Other amounts payable | 47/48 | €2,205 | €0 | -€2,205 | -100% |
| Non-recurring operating income | 76A | €374 | €0 | -€374 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36 | €524 | +€488 | +1,366% |
| Other operating charges | 640/8 | €260 | €703 | +€443 | +170% |
| Gross operating margin | 9900 | €22,424 | €31,180 | +€8,756 | +39.0% |
| Operating profit (loss) | 9901 | €22,128 | €29,954 | +€7,826 | +35.4% |
| Financial income | 75/76B | €30 | €110 | +€80 | +272% |
| Recurring financial income | 75 | €30 | €110 | +€80 | +272% |
| Financial charges | 65/66B | €1,960 | €3,168 | +€1,208 | +61.6% |
| Recurring financial charges | 65 | €1,960 | €3,168 | +€1,208 | +61.6% |
| Profit (loss) for the period before taxes | 9903 | €20,197 | €26,896 | +€6,698 | +33.2% |
| Income taxes | 67/77 | €5,570 | €7,054 | +€1,484 | +26.6% |
| Profit (loss) for the period | 9904 | €14,627 | €19,841 | +€5,214 | +35.6% |
| Profit (loss) for the period to be appropriated | 9905 | €14,627 | €19,841 | +€5,214 | +35.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.