W.H.R.: 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.
W.H.R.
Largest movements
- Cash +€4,815
up €4,815 (+47.7%), from €10,101 to €14,916
mainly Net result for the year (+€5,743) and Tax, wage and social debts (+€209)
- Receivables within one year +€1,137
up €1,137 (+74.6%), from €1,525 to €2,662
- Profit (loss) carried forward +€5,743
up €5,743 (+21.2%), from -€27,126 to -€21,383
- Tax, wage and social debts +€209
up €209 (+82.9%), from €252 to €461
- Gross operating margin +€2,108
up €2,108 (+51.7%), from €4,076 to €6,184
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 | €11,626 | €17,578 | +€5,952 | +51.2% |
| Current assets | 29/58 | €11,626 | €17,578 | +€5,952 | +51.2% |
| Amounts receivable within one year | 40/41 | €1,525 | €2,662 | +€1,137 | +74.6% |
| Trade receivables | 40 | €1,525 | €2,662 | +€1,137 | +74.6% |
| Cash at bank and in hand | 54/58 | €10,101 | €14,916 | +€4,815 | +47.7% |
| Total equity and liabilities | 10/49 | €11,626 | €17,578 | +€5,952 | +51.2% |
| Equity | 10/15 | €11,374 | €17,117 | +€5,743 | +50.5% |
| Contributions | 10/11 | €38,500 | €38,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€27,126 | -€21,383 | +€5,743 | +21.2% |
| Amounts payable | 17/49 | €252 | €461 | +€209 | +82.9% |
| Amounts payable within one year | 42/48 | €252 | €461 | +€209 | +82.9% |
| Taxes, remuneration and social security | 45 | €252 | €461 | +€209 | +82.9% |
| Taxes | 450/3 | €252 | €461 | +€209 | +82.9% |
| Other operating charges | 640/8 | €387 | €399 | +€12 | +3.1% |
| Gross operating margin | 9900 | €4,076 | €6,184 | +€2,108 | +51.7% |
| Operating profit (loss) | 9901 | €3,689 | €5,785 | +€2,096 | +56.8% |
| Financial charges | 65/66B | €40 | €42 | +€2 | +5.0% |
| Recurring financial charges | 65 | €40 | €42 | +€2 | +5.0% |
| Profit (loss) for the period before taxes | 9903 | €3,649 | €5,743 | +€2,094 | +57.4% |
| Profit (loss) for the period | 9904 | €3,649 | €5,743 | +€2,094 | +57.4% |
| Profit (loss) for the period to be appropriated | 9905 | €3,649 | €5,743 | +€2,094 | +57.4% |
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 22 October 2026 via checked.be.