LE WIART: 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.
LE WIART
Largest movements
- Receivables within one year +€7,888
up €7,888 (+48.9%), from €16,120 to €24,008
of which Trade receivables: +€20,922
- Cash +€6,143
up €6,143 (+87.4%), from €7,029 to €13,172
mainly Trade debts (+€20,690) and Net result for the year (+€1,623)
- Deferred charges and accrued income +€4,805
up €4,805 (+9,255%), from €52 to €4,857
- Trade debts +€20,690
up €20,690 (+1,517%), from €1,364 to €22,054
- Tax, wage and social debts -€3,416
down €3,416 (-54.9%), from €6,227 to €2,811
of which Remuneration and social security: -€3,068
- Profit (loss) carried forward +€1,623
up €1,623 (+6.0%), from €27,112 to €28,735
- Other operating charges +€14,417
up €14,417 (+508%), from €2,836 to €17,253
- Depreciation -€8,166
no longer reported in 2022 (was €8,166)
- Gross operating margin -€7,258
down €7,258 (-16.8%), from €43,250 to €35,992
- Staff costs +€3,016
up €3,016 (+27.6%), from €10,913 to €13,929
- Financial charges +€2,585
up €2,585 (+429%), from €603 to €3,188
From the 2021 result to the 2022 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 2021 and 2022 balance sheets and the 2022 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2021 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €38,545 | €57,441 | +€18,897 | +49.0% |
| Fixed assets | 21/28 | €15,343 | €15,403 | +€60 | +0.4% |
| Intangible fixed assets | 21 | €5,000 | €5,000 | = | 0.0% |
| Tangible fixed assets | 22/27 | €8,903 | €8,903 | = | 0.0% |
| Furniture and vehicles | 24 | €8,903 | €8,903 | = | 0.0% |
| Financial fixed assets | 28 | €1,440 | €1,500 | +€60 | +4.2% |
| Current assets | 29/58 | €23,201 | €42,038 | +€18,837 | +81.2% |
| Amounts receivable within one year | 40/41 | €16,120 | €24,008 | +€7,888 | +48.9% |
| Trade receivables | 40 | - | €20,922 | +€20,922 | |
| Other amounts receivable | 41 | €16,120 | €3,086 | -€13,034 | -80.9% |
| Cash at bank and in hand | 54/58 | €7,029 | €13,172 | +€6,143 | +87.4% |
| Deferred charges and accrued income | 490/1 | €52 | €4,857 | +€4,805 | +9,255% |
| Total equity and liabilities | 10/49 | €38,545 | €57,441 | +€18,897 | +49.0% |
| Equity | 10/15 | €30,954 | €32,577 | +€1,623 | +5.2% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Contributions outside capital | 11 | €100 | €100 | = | 0.0% |
| Other | 1109/19 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €3,742 | €3,742 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,742 | €3,742 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,742 | €3,742 | = | 0.0% |
| Profit (loss) carried forward | 14 | €27,112 | €28,735 | +€1,623 | +6.0% |
| Amounts payable | 17/49 | €7,591 | €24,865 | +€17,274 | +228% |
| Amounts payable within one year | 42/48 | €7,591 | €24,865 | +€17,274 | +228% |
| Trade debts | 44 | €1,364 | €22,054 | +€20,690 | +1,517% |
| Suppliers | 440/4 | €1,364 | €22,054 | +€20,690 | +1,517% |
| Taxes, remuneration and social security | 45 | €6,227 | €2,811 | -€3,416 | -54.9% |
| Taxes | 450/3 | €348 | - | -€348 | |
| Remuneration and social security | 454/9 | €5,878 | €2,811 | -€3,068 | -52.2% |
| Remuneration, social security and pensions | 62 | €10,913 | €13,929 | +€3,016 | +27.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,166 | - | -€8,166 | |
| Other operating charges | 640/8 | €2,836 | €17,253 | +€14,417 | +508% |
| Gross operating margin | 9900 | €43,250 | €35,992 | -€7,258 | -16.8% |
| Operating profit (loss) | 9901 | €21,335 | €4,811 | -€16,524 | -77.5% |
| Financial charges | 65/66B | €603 | €3,188 | +€2,585 | +429% |
| Recurring financial charges | 65 | €603 | €3,188 | +€2,585 | +429% |
| Profit (loss) for the period before taxes | 9903 | €20,732 | €1,623 | -€19,109 | -92.2% |
| Profit (loss) for the period | 9904 | €20,732 | €1,623 | -€19,109 | -92.2% |
| Profit (loss) for the period to be appropriated | 9905 | €20,732 | €1,623 | -€19,109 | -92.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2021 and 31 December 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.