WHESTY: 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.
WHESTY
Largest movements
- Receivables within one year -€33,831
down €33,831 (-37.7%), from €89,667 to €55,837
of which Trade receivables: -€25,312
- Cash +€32,538
up €32,538 (+170.6%), from €19,073 to €51,611
mainly Receivables within one year (+€33,831) and Tax, wage and social debts (+€16,387)
- Debts after one year -€35,000
no longer reported in 2025 (was €35,000)
- Tax, wage and social debts +€16,387
up €16,387 (+178.2%), from €9,194 to €25,582
of which Taxes: +€8,221
- Trade debts +€14,229
up €14,229 (+1587.6%), from €896 to €15,125
- Profit (loss) carried forward +€6,112
up €6,112 (+4.9%), from -€124,683 to -€118,571
- Other debts -€2,032
no longer reported in 2025 (was €2,032)
- Gross operating margin -€97,190
down €97,190 (-48.8%), from €199,240 to €102,050
- Staff costs -€78,151
down €78,151 (-46.2%), from €169,271 to €91,120
- Depreciation -€3,671
down €3,671 (-66.9%), from €5,489 to €1,818
- Other operating charges -€3,449
down €3,449 (-74.6%), from €4,623 to €1,174
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 | €133,733 | €133,430 | -€303 | -0.2% |
| Fixed assets | 21/28 | €21,993 | €22,982 | +€989 | +4.5% |
| Tangible fixed assets | 22/27 | €1,526 | €2,515 | +€989 | +64.8% |
| Plant, machinery and equipment | 23 | €1,480 | €2,515 | +€1,034 | +69.9% |
| Other tangible fixed assets | 26 | €45 | - | -€45 | |
| Financial fixed assets | 28 | €20,468 | €20,468 | = | 0.0% |
| Current assets | 29/58 | €111,740 | €110,447 | -€1,293 | -1.2% |
| Stocks and contracts in progress | 3 | €3,000 | €3,000 | = | 0.0% |
| Stocks | 30/36 | €3,000 | €3,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €89,667 | €55,837 | -€33,831 | -37.7% |
| Trade receivables | 40 | €75,008 | €49,696 | -€25,312 | -33.7% |
| Other amounts receivable | 41 | €14,660 | €6,141 | -€8,519 | -58.1% |
| Cash at bank and in hand | 54/58 | €19,073 | €51,611 | +€32,538 | +170.6% |
| Total equity and liabilities | 10/49 | €133,733 | €133,430 | -€303 | -0.2% |
| Equity | 10/15 | €86,611 | €92,723 | +€6,112 | +7.1% |
| Contributions | 10/11 | €22,000 | €22,000 | = | 0.0% |
| Reserves | 13 | €189,294 | €189,294 | = | 0.0% |
| Tax-exempt reserves | 132 | €30,750 | €30,750 | = | 0.0% |
| Distributable reserves | 133 | €158,544 | €158,544 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€124,683 | -€118,571 | +€6,112 | +4.9% |
| Amounts payable | 17/49 | €47,122 | €40,706 | -€6,416 | -13.6% |
| Amounts payable after more than one year | 17 | €35,000 | - | -€35,000 | |
| Financial debts | 170/4 | €35,000 | - | -€35,000 | |
| Amounts payable within one year | 42/48 | €12,122 | €40,706 | +€28,584 | +235.8% |
| Trade debts | 44 | €896 | €15,125 | +€14,229 | +1587.6% |
| Suppliers | 440/4 | €896 | €15,125 | +€14,229 | +1587.6% |
| Taxes, remuneration and social security | 45 | €9,194 | €25,582 | +€16,387 | +178.2% |
| Taxes | 450/3 | €4,449 | €12,669 | +€8,221 | +184.8% |
| Remuneration and social security | 454/9 | €4,746 | €12,912 | +€8,167 | +172.1% |
| Other amounts payable | 47/48 | €2,032 | - | -€2,032 | |
| Remuneration, social security and pensions | 62 | €169,271 | €91,120 | -€78,151 | -46.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,489 | €1,818 | -€3,671 | -66.9% |
| Other operating charges | 640/8 | €4,623 | €1,174 | -€3,449 | -74.6% |
| Non-recurring operating charges | 66A | €3,543 | - | -€3,543 | |
| Gross operating margin | 9900 | €199,240 | €102,050 | -€97,190 | -48.8% |
| Operating profit (loss) | 9901 | €16,314 | €7,937 | -€8,377 | -51.3% |
| Financial income | 75/76B | - | €100 | +€100 | |
| Recurring financial income | 75 | - | €100 | +€100 | |
| Financial charges | 65/66B | €2,363 | €1,623 | -€740 | -31.3% |
| Recurring financial charges | 65 | €2,363 | €1,623 | -€740 | -31.3% |
| Profit (loss) for the period before taxes | 9903 | €13,951 | €6,414 | -€7,537 | -54.0% |
| Income taxes | 67/77 | €462 | €302 | -€160 | -34.7% |
| Profit (loss) for the period | 9904 | €13,489 | €6,112 | -€7,376 | -54.7% |
| Profit (loss) for the period to be appropriated | 9905 | €13,489 | €6,112 | -€7,376 | -54.7% |
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 10 October 2026 via checked.be.