WHIJZ: 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.
WHIJZ
Largest movements
- Cash -€14,821
down €14,821 (-57.4%), from €25,825 to €11,004
mainly Contributions, distributions and other (-€35,294) and Accrued charges and deferred income (-€5,418)
- Tangible fixed assets -€12,415
down €12,415 (-28.4%), from €43,672 to €31,257
of which Furniture and vehicles: -€8,828
- Receivables within one year +€4,740
up €4,740 (+9.4%), from €50,263 to €55,002
of which Trade receivables: +€15,711
- Deferred charges and accrued income -€1,441
down €1,441 (-23.1%), from €6,231 to €4,790
- Profit (loss) carried forward -€30,838
down €30,838 (-41.8%), from €73,704 to €42,866
- Other debts +€5,752
new in 2025: €5,752
- Accrued charges and deferred income -€5,418
no longer reported in 2025 (was €5,418)
- Trade debts +€3,507
up €3,507 (+99.5%), from €3,525 to €7,033
- Tax, wage and social debts +€3,058
up €3,058 (+13.3%), from €22,940 to €25,998
- Gross operating margin -€8,421
down €8,421 (-25.0%), from €33,712 to €25,291
- Taxes -€6,560
down €6,560 (-67.8%), from €9,678 to €3,118
- Financial charges -€1,071
down €1,071 (-38.7%), from €2,764 to €1,693
- Depreciation -€718
down €718 (-5.5%), from €13,132 to €12,415
- Other operating charges -€627
down €627 (-14.8%), from €4,235 to €3,609
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 | €125,991 | €102,054 | -€23,938 | -19.0% |
| Fixed assets | 21/28 | €43,672 | €31,257 | -€12,415 | -28.4% |
| Tangible fixed assets | 22/27 | €43,672 | €31,257 | -€12,415 | -28.4% |
| Plant, machinery and equipment | 23 | €10,294 | €8,026 | -€2,267 | -22.0% |
| Furniture and vehicles | 24 | €23,150 | €14,322 | -€8,828 | -38.1% |
| Other tangible fixed assets | 26 | €10,229 | €8,909 | -€1,320 | -12.9% |
| Current assets | 29/58 | €82,320 | €70,797 | -€11,523 | -14.0% |
| Amounts receivable within one year | 40/41 | €50,263 | €55,002 | +€4,740 | +9.4% |
| Trade receivables | 40 | €33,409 | €49,120 | +€15,711 | +47.0% |
| Other amounts receivable | 41 | €16,853 | €5,882 | -€10,972 | -65.1% |
| Cash at bank and in hand | 54/58 | €25,825 | €11,004 | -€14,821 | -57.4% |
| Deferred charges and accrued income | 490/1 | €6,231 | €4,790 | -€1,441 | -23.1% |
| Total equity and liabilities | 10/49 | €125,991 | €102,054 | -€23,938 | -19.0% |
| Equity | 10/15 | €94,109 | €63,271 | -€30,838 | -32.8% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €1,855 | €1,855 | = | 0.0% |
| Profit (loss) carried forward | 14 | €73,704 | €42,866 | -€30,838 | -41.8% |
| Amounts payable | 17/49 | €31,883 | €38,783 | +€6,900 | +21.6% |
| Amounts payable within one year | 42/48 | €26,465 | €38,783 | +€12,318 | +46.5% |
| Trade debts | 44 | €3,525 | €7,033 | +€3,507 | +99.5% |
| Suppliers | 440/4 | €3,525 | €7,033 | +€3,507 | +99.5% |
| Taxes, remuneration and social security | 45 | €22,940 | €25,998 | +€3,058 | +13.3% |
| Taxes | 450/3 | €22,940 | €25,998 | +€3,058 | +13.3% |
| Other amounts payable | 47/48 | - | €5,752 | +€5,752 | |
| Accrued charges and deferred income | 492/3 | €5,418 | - | -€5,418 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,132 | €12,415 | -€718 | -5.5% |
| Other operating charges | 640/8 | €4,235 | €3,609 | -€627 | -14.8% |
| Gross operating margin | 9900 | €33,712 | €25,291 | -€8,421 | -25.0% |
| Operating profit (loss) | 9901 | €16,345 | €9,268 | -€7,077 | -43.3% |
| Financial income | 75/76B | €261 | - | -€261 | |
| Recurring financial income | 75 | €261 | - | -€261 | |
| Financial charges | 65/66B | €2,764 | €1,693 | -€1,071 | -38.7% |
| Recurring financial charges | 65 | €2,764 | €1,693 | -€1,071 | -38.7% |
| Profit (loss) for the period before taxes | 9903 | €13,842 | €7,574 | -€6,267 | -45.3% |
| Income taxes | 67/77 | €9,678 | €3,118 | -€6,560 | -67.8% |
| Profit (loss) for the period | 9904 | €4,164 | €4,456 | +€292 | +7.0% |
| Profit (loss) for the period to be appropriated | 9905 | €4,164 | €4,456 | +€292 | +7.0% |
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 20 October 2026 via checked.be.