Whistler: 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.
Whistler
Largest movements
- Cash -€163,476
down €163,476 (-70.2%), from €232,916 to €69,440
mainly Other debts (-€102,528) and Net result for the year (-€36,831)
- Current investments -€17,201
down €17,201 (-40.1%), from €42,901 to €25,700
- Tangible fixed assets -€6,169
down €6,169 (-24.7%), from €24,935 to €18,766
of which Furniture and vehicles: -€5,819
- Receivables within one year +€4,064
up €4,064 (+22.5%), from €18,076 to €22,140
of which Trade receivables: +€10,542
- Other debts -€102,528
down €102,528 (-74.5%), from €137,613 to €35,085
- Profit (loss) carried forward -€36,831
down €36,831 (-58.3%), from €63,136 to €26,305
- Reserves -€36,350
down €36,350 (-39.7%), from €91,465 to €55,114
of which Distributable reserves: -€36,350
- Tax, wage and social debts -€5,382
down €5,382 (-40.8%), from €13,179 to €7,798
- Gross operating margin -€35,106
down €35,106, from €9,373 to -€25,733
- Purchases and services +€18,963
up €18,963 (+19.4%), from €97,650 to €116,613
- Taxes +€1,940
up €1,940 (+22,043%), from €9 to €1,949
- Depreciation +€633
up €633 (+6.8%), from €9,327 to €9,960
- Financial income +€580
up €580 (+92.5%), from €627 to €1,206
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 | €322,319 | €139,454 | -€182,864 | -56.7% |
| Fixed assets | 21/28 | €27,935 | €21,766 | -€6,169 | -22.1% |
| Tangible fixed assets | 22/27 | €24,935 | €18,766 | -€6,169 | -24.7% |
| Furniture and vehicles | 24 | €24,387 | €18,568 | -€5,819 | -23.9% |
| Other tangible fixed assets | 26 | €548 | €198 | -€350 | -63.9% |
| Financial fixed assets | 28 | €3,000 | €3,000 | = | 0.0% |
| Current assets | 29/58 | €294,383 | €117,688 | -€176,695 | -60.0% |
| Amounts receivable within one year | 40/41 | €18,076 | €22,140 | +€4,064 | +22.5% |
| Trade receivables | 40 | €11,309 | €21,851 | +€10,542 | +93.2% |
| Other amounts receivable | 41 | €6,767 | €289 | -€6,478 | -95.7% |
| Current investments | 50/53 | €42,901 | €25,700 | -€17,201 | -40.1% |
| Cash at bank and in hand | 54/58 | €232,916 | €69,440 | -€163,476 | -70.2% |
| Deferred charges and accrued income | 490/1 | €491 | €410 | -€82 | -16.6% |
| Total equity and liabilities | 10/49 | €322,319 | €139,454 | -€182,864 | -56.7% |
| Equity | 10/15 | €167,000 | €93,819 | -€73,181 | -43.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Contributions outside capital | 11 | €12,400 | €12,400 | = | 0.0% |
| Other | 1109/19 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €91,465 | €55,114 | -€36,350 | -39.7% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €89,605 | €53,254 | -€36,350 | -40.6% |
| Profit (loss) carried forward | 14 | €63,136 | €26,305 | -€36,831 | -58.3% |
| Amounts payable | 17/49 | €155,318 | €45,635 | -€109,683 | -70.6% |
| Amounts payable within one year | 42/48 | €155,318 | €45,635 | -€109,683 | -70.6% |
| Trade debts | 44 | €4,526 | €2,753 | -€1,773 | -39.2% |
| Suppliers | 440/4 | €4,526 | €2,753 | -€1,773 | -39.2% |
| Taxes, remuneration and social security | 45 | €13,179 | €7,798 | -€5,382 | -40.8% |
| Taxes | 450/3 | €13,179 | €7,798 | -€5,382 | -40.8% |
| Other amounts payable | 47/48 | €137,613 | €35,085 | -€102,528 | -74.5% |
| Goods, raw materials, services and sundry goods | 60/61 | €97,650 | €116,613 | +€18,963 | +19.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,327 | €9,960 | +€633 | +6.8% |
| Other operating charges | 640/8 | €529 | €317 | -€212 | -40.0% |
| Gross operating margin | 9900 | €9,373 | -€25,733 | -€35,106 | |
| Operating profit (loss) | 9901 | -€483 | -€36,010 | -€35,527 | -7,356% |
| Financial income | 75/76B | €627 | €1,206 | +€580 | +92.5% |
| Recurring financial income | 75 | €627 | €1,206 | +€580 | +92.5% |
| Financial charges | 65/66B | €47 | €79 | +€32 | +67.7% |
| Recurring financial charges | 65 | €47 | €79 | +€32 | +67.7% |
| Profit (loss) for the period before taxes | 9903 | €97 | -€34,882 | -€34,979 | |
| Income taxes | 67/77 | €9 | €1,949 | +€1,940 | +22,043% |
| Profit (loss) for the period | 9904 | €88 | -€36,831 | -€36,919 | |
| Profit (loss) for the period to be appropriated | 9905 | €88 | -€36,831 | -€36,919 |
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 19 October 2026 via checked.be.