W-IT: 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.
What changed
W-IT
NACE 47.400, Retail sale of information and communication equipment
financial year 2026 compared with 2025filed annual accounts (NBB)
Net result for the year
€79,714
2025 · €63,453+€16,261
Equity
€432,566
2025 · €352,852+€79,714
Cash
€17,319
2025 · €15,527+€1,792
Balance sheet total
€440,425
2025 · €360,932+€79,494
Largest movements
Assets
- Current investments +€84,969
up €84,969 (+40.4%), from €210,352 to €295,321
- Receivables after one year -€5,810
down €5,810 (-5.4%), from €108,140 to €102,330
Equity and liabilities
- Reserves +€79,000
up €79,000 (+23.7%), from €333,500 to €412,500
Income statement
- Gross operating margin +€11,976
up €11,976 (+15.8%), from €75,911 to €87,886
- Financial charges -€8,921
down €8,921, from €1,505 to -€7,415
- Taxes +€4,166
up €4,166 (+16.6%), from €25,094 to €29,260
From the 2025 result to the 2026 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.
Result 2025
€63,453
Gross operating margin
+€11,976
Depreciation
+€4
Other operating charges
+€97
Financial income
-€570
Financial charges
+€8,921
Taxes
-€4,166
Result 2026
€79,714
raises the resultlowers the result
Derived cash bridge
Derived from the 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€87,425
Investment
-€84,969
Financing
-€663
Cash 2025
€15,527
From operations (derived)
+€87,425
Net result for the year
+€79,714
Depreciation
+€776
Receivables after one year
+€5,810
Smaller working-capital items
-€200
Deferred charges and accrued income
+€718
Trade debts
+€1,837
Tax, wage and social debts
+€683
Other debts
-€1,913
Investment (derived)
-€84,969
Current investments
-€84,969
Financing
-€663
Short-term financial debts
-€663
Cash 2026
€17,319
brings cash intakes cash out
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €360,932 | €440,425 | +€79,494 | +22.0% |
| Fixed assets | 21/28 | €2,349 | €1,572 | -€776 | -33.1% |
| Tangible fixed assets | 22/27 | €2,349 | €1,572 | -€776 | -33.1% |
| Furniture and vehicles | 24 | €2,349 | €1,572 | -€776 | -33.1% |
| Current assets | 29/58 | €358,583 | €438,853 | +€80,270 | +22.4% |
| Amounts receivable after more than one year | 29 | €108,140 | €102,330 | -€5,810 | -5.4% |
| Trade receivables | 290 | €108,140 | €102,330 | -€5,810 | -5.4% |
| Amounts receivable within one year | 40/41 | €22,376 | €22,413 | +€37 | +0.2% |
| Trade receivables | 40 | €12,488 | €15,897 | +€3,409 | +27.3% |
| Other amounts receivable | 41 | €9,888 | €6,516 | -€3,372 | -34.1% |
| Current investments | 50/53 | €210,352 | €295,321 | +€84,969 | +40.4% |
| Cash at bank and in hand | 54/58 | €15,527 | €17,319 | +€1,792 | +11.5% |
| Deferred charges and accrued income | 490/1 | €2,187 | €1,469 | -€718 | -32.8% |
| Total equity and liabilities | 10/49 | €360,932 | €440,425 | +€79,494 | +22.0% |
| Equity | 10/15 | €352,852 | €432,566 | +€79,714 | +22.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €333,500 | €412,500 | +€79,000 | +23.7% |
| Distributable reserves | 133 | €333,500 | €412,500 | +€79,000 | +23.7% |
| Profit (loss) carried forward | 14 | €6,952 | €7,666 | +€714 | +10.3% |
| Amounts payable | 17/49 | €8,080 | €7,859 | -€220 | -2.7% |
| Amounts payable within one year | 42/48 | €7,916 | €7,859 | -€56 | -0.7% |
| Financial debts | 43 | €663 | - | -€663 | |
| Credit institutions | 430/8 | €663 | - | -€663 | |
| Trade debts | 44 | €1,832 | €3,669 | +€1,837 | +100% |
| Suppliers | 440/4 | €1,832 | €3,669 | +€1,837 | +100% |
| Taxes, remuneration and social security | 45 | €1,321 | €2,004 | +€683 | +51.7% |
| Taxes | 450/3 | €1,321 | €2,004 | +€683 | +51.7% |
| Other amounts payable | 47/48 | €4,100 | €2,187 | -€1,913 | -46.7% |
| Accrued charges and deferred income | 492/3 | €164 | - | -€164 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €780 | €776 | -€4 | -0.5% |
| Other operating charges | 640/8 | €628 | €531 | -€97 | -15.4% |
| Gross operating margin | 9900 | €75,911 | €87,886 | +€11,976 | +15.8% |
| Operating profit (loss) | 9901 | €74,503 | €86,579 | +€12,076 | +16.2% |
| Financial income | 75/76B | €15,549 | €14,979 | -€570 | -3.7% |
| Recurring financial income | 75 | €15,549 | €14,979 | -€570 | -3.7% |
| Financial charges | 65/66B | €1,505 | -€7,415 | -€8,921 | |
| Recurring financial charges | 65 | €1,505 | -€7,415 | -€8,921 | |
| Profit (loss) for the period before taxes | 9903 | €88,547 | €108,974 | +€20,427 | +23.1% |
| Income taxes | 67/77 | €25,094 | €29,260 | +€4,166 | +16.6% |
| Profit (loss) for the period | 9904 | €63,453 | €79,714 | +€16,261 | +25.6% |
| Profit (loss) for the period to be appropriated | 9905 | €63,453 | €79,714 | +€16,261 | +25.6% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.