Wespennest: 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.
Wespennest
Largest movements
- Tangible fixed assets -€23,596
down €23,596 (-30.2%), from €78,020 to €54,424
of which Furniture and vehicles: -€15,704
- Receivables within one year +€2,561
up €2,561 (+2560.5%), from €100 to €2,661
- Cash +€2,419
up €2,419 (+26.1%), from €9,254 to €11,672
mainly Depreciation (+€25,996) and Trade debts (+€2,452)
- Intangible fixed assets -€2,400
down €2,400 (-12.0%), from €20,000 to €17,600
- Profit (loss) carried forward -€16,244
down €16,244 (-13.5%), from -€120,663 to -€136,907
- Other debts -€5,127
down €5,127 (-2.6%), from €197,978 to €192,851
- Current portion of long-term debt -€3,992
down €3,992 (-100.0%), from €3,992 to €0
- Trade debts +€2,452
up €2,452 (+186.1%), from €1,317 to €3,769
- Tax, wage and social debts +€2,152
up €2,152 (+50.2%), from €4,289 to €6,441
of which Remuneration and social security: +€1,600
- Gross operating margin +€3,748
up €3,748 (+37.5%), from €9,993 to €13,741
- Other operating charges +€1,314
up €1,314 (+72.2%), from €1,821 to €3,136
- Financial income -€770
down €770 (-100.0%), from €770 to €0
- Financial charges -€159
down €159 (-46.2%), from €344 to €185
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.
Cash bridge derived
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 | €107,374 | €86,614 | -€20,760 | -19.3% |
| Fixed assets | 21/28 | €98,020 | €72,024 | -€25,996 | -26.5% |
| Intangible fixed assets | 21 | €20,000 | €17,600 | -€2,400 | -12.0% |
| Tangible fixed assets | 22/27 | €78,020 | €54,424 | -€23,596 | -30.2% |
| Land and buildings | 22 | €25,213 | €17,321 | -€7,893 | -31.3% |
| Furniture and vehicles | 24 | €52,807 | €37,104 | -€15,704 | -29.7% |
| Current assets | 29/58 | €9,354 | €14,590 | +€5,237 | +56.0% |
| Amounts receivable within one year | 40/41 | €100 | €2,661 | +€2,561 | +2560.5% |
| Trade receivables | 40 | €100 | €2,661 | +€2,561 | +2560.5% |
| Cash at bank and in hand | 54/58 | €9,254 | €11,672 | +€2,419 | +26.1% |
| Deferred charges and accrued income | 490/1 | - | €258 | +€258 | |
| Total equity and liabilities | 10/49 | €107,374 | €86,614 | -€20,760 | -19.3% |
| Equity | 10/15 | -€100,203 | -€116,447 | -€16,244 | -16.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€120,663 | -€136,907 | -€16,244 | -13.5% |
| Amounts payable | 17/49 | €207,577 | €203,062 | -€4,515 | -2.2% |
| Amounts payable within one year | 42/48 | €207,577 | €203,062 | -€4,515 | -2.2% |
| Current portion of amounts payable after more than one year | 42 | €3,992 | €0 | -€3,992 | -100.0% |
| Trade debts | 44 | €1,317 | €3,769 | +€2,452 | +186.1% |
| Suppliers | 440/4 | €1,317 | €3,769 | +€2,452 | +186.1% |
| Taxes, remuneration and social security | 45 | €4,289 | €6,441 | +€2,152 | +50.2% |
| Taxes | 450/3 | €4,289 | €4,841 | +€552 | +12.9% |
| Remuneration and social security | 454/9 | - | €1,600 | +€1,600 | |
| Other amounts payable | 47/48 | €197,978 | €192,851 | -€5,127 | -2.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,870 | €25,996 | +€126 | +0.5% |
| Other operating charges | 640/8 | €1,821 | €3,136 | +€1,314 | +72.2% |
| Gross operating margin | 9900 | €9,993 | €13,741 | +€3,748 | +37.5% |
| Operating profit (loss) | 9901 | -€17,699 | -€15,391 | +€2,308 | +13.0% |
| Financial income | 75/76B | €770 | €0 | -€770 | -100.0% |
| Recurring financial income | 75 | €770 | €0 | -€770 | -100.0% |
| Financial charges | 65/66B | €344 | €185 | -€159 | -46.2% |
| Recurring financial charges | 65 | €344 | €185 | -€159 | -46.2% |
| Profit (loss) for the period before taxes | 9903 | -€17,273 | -€15,576 | +€1,697 | +9.8% |
| Profit (loss) for the period | 9904 | -€17,273 | -€15,576 | +€1,697 | +9.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€17,273 | -€15,576 | +€1,697 | +9.8% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.