WEISSHORN: 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.
WEISSHORN
Largest movements
- Cash +€17,816
up €17,816 (+54.9%), from €32,444 to €50,260
mainly Net result for the year (+€44,367) and Accrued charges and deferred income (+€1,182)
- Current investments +€6,907
up €6,907 (+18.9%), from €36,527 to €43,434
- Reserves +€43,326
up €43,326 (+15.8%), from €273,466 to €316,792
of which Distributable reserves: +€43,326
- Debts after one year -€17,620
down €17,620 (-22.9%), from €76,794 to €59,175
- Financial income +€16,731
up €16,731 (+146%), from €11,456 to €28,187
- Taxes -€3,331
down €3,331 (-27.3%), from €12,186 to €8,855
- Depreciation -€1,610
down €1,610 (-80.9%), from €1,989 to €380
- Gross operating margin -€427
down €427 (-1.5%), from €28,957 to €28,531
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 | €405,489 | €429,234 | +€23,745 | +5.9% |
| Fixed assets | 21/28 | €334,568 | €334,188 | -€380 | -0.1% |
| Tangible fixed assets | 22/27 | €380 | - | -€380 | |
| Furniture and vehicles | 24 | €380 | - | -€380 | |
| Financial fixed assets | 28 | €334,188 | €334,188 | = | 0.0% |
| Current assets | 29/58 | €70,921 | €95,046 | +€24,125 | +34.0% |
| Amounts receivable within one year | 40/41 | €888 | €858 | -€30 | -3.4% |
| Other amounts receivable | 41 | €888 | €858 | -€30 | -3.4% |
| Current investments | 50/53 | €36,527 | €43,434 | +€6,907 | +18.9% |
| Cash at bank and in hand | 54/58 | €32,444 | €50,260 | +€17,816 | +54.9% |
| Deferred charges and accrued income | 490/1 | €1,062 | €494 | -€568 | -53.5% |
| Total equity and liabilities | 10/49 | €405,489 | €429,234 | +€23,745 | +5.9% |
| Equity | 10/15 | €279,666 | €322,992 | +€43,326 | +15.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €273,466 | €316,792 | +€43,326 | +15.8% |
| Tax-exempt reserves | 132 | €4,736 | €4,736 | = | 0.0% |
| Distributable reserves | 133 | €268,730 | €312,056 | +€43,326 | +16.1% |
| Amounts payable | 17/49 | €125,823 | €106,242 | -€19,581 | -15.6% |
| Amounts payable after more than one year | 17 | €76,794 | €59,175 | -€17,620 | -22.9% |
| Financial debts | 170/4 | €76,794 | €59,175 | -€17,620 | -22.9% |
| Amounts payable within one year | 42/48 | €48,625 | €45,481 | -€3,143 | -6.5% |
| Current portion of amounts payable after more than one year | 42 | €17,350 | €17,620 | +€269 | +1.6% |
| Trade debts | 44 | €7,286 | €3,959 | -€3,327 | -45.7% |
| Suppliers | 440/4 | €7,286 | €3,959 | -€3,327 | -45.7% |
| Taxes, remuneration and social security | 45 | €5,003 | €4,841 | -€162 | -3.2% |
| Taxes | 450/3 | €5,003 | €4,841 | -€162 | -3.2% |
| Other amounts payable | 47/48 | €18,985 | €19,062 | +€77 | +0.4% |
| Accrued charges and deferred income | 492/3 | €404 | €1,586 | +€1,182 | +293% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,989 | €380 | -€1,610 | -80.9% |
| Other operating charges | 640/8 | €505 | €751 | +€246 | +48.6% |
| Gross operating margin | 9900 | €28,957 | €28,531 | -€427 | -1.5% |
| Operating profit (loss) | 9901 | €26,463 | €27,400 | +€937 | +3.5% |
| Financial income | 75/76B | €11,456 | €28,187 | +€16,731 | +146% |
| Recurring financial income | 75 | €11,456 | €28,187 | +€16,731 | +146% |
| Financial charges | 65/66B | €2,517 | €2,365 | -€152 | -6.0% |
| Recurring financial charges | 65 | €2,517 | €2,365 | -€152 | -6.0% |
| Profit (loss) for the period before taxes | 9903 | €35,402 | €53,222 | +€17,820 | +50.3% |
| Income taxes | 67/77 | €12,186 | €8,855 | -€3,331 | -27.3% |
| Profit (loss) for the period | 9904 | €23,216 | €44,367 | +€21,151 | +91.1% |
| Profit (loss) for the period to be appropriated | 9905 | €23,216 | €44,367 | +€21,151 | +91.1% |
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 21 October 2026 via checked.be.