WHYSTONE: 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.
WHYSTONE
Largest movements
- Receivables within one year +€105,647
up €105,647 (+411.3%), from €25,685 to €131,332
of which Trade receivables: +€98,052
- Tangible fixed assets -€2,805
down €2,805 (-34.3%), from €8,175 to €5,370
- Deferred charges and accrued income +€2,343
up €2,343, from €0 to €2,343
- Advances received +€70,027
new in 2025: €70,027
- Trade debts +€47,013
up €47,013 (+6147.0%), from €765 to €47,777
- Profit (loss) carried forward -€9,248
down €9,248 (-38.5%), from €23,997 to €14,749
- Tax, wage and social debts -€2,822
down €2,822 (-33.9%), from €8,316 to €5,494
- Gross operating margin -€17,035
down €17,035 (-89.0%), from €19,149 to €2,114
- Taxes -€1,557
down €1,557 (-44.2%), from €3,525 to €1,969
- Financial income +€1,401
up €1,401 (+1455.2%), from €96 to €1,497
- Depreciation +€1,085
up €1,085 (+63.0%), from €1,720 to €2,805
- Other operating charges +€323
up €323 (+4.3%), from €7,570 to €7,893
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 | €35,135 | €140,047 | +€104,912 | +298.6% |
| Fixed assets | 21/28 | €8,360 | €5,555 | -€2,805 | -33.6% |
| Tangible fixed assets | 22/27 | €8,175 | €5,370 | -€2,805 | -34.3% |
| Furniture and vehicles | 24 | €8,175 | €5,370 | -€2,805 | -34.3% |
| Financial fixed assets | 28 | €185 | €185 | = | 0.0% |
| Current assets | 29/58 | €26,776 | €134,492 | +€107,717 | +402.3% |
| Amounts receivable within one year | 40/41 | €25,685 | €131,332 | +€105,647 | +411.3% |
| Trade receivables | 40 | €7,973 | €106,025 | +€98,052 | +1229.8% |
| Other amounts receivable | 41 | €17,712 | €25,308 | +€7,595 | +42.9% |
| Cash at bank and in hand | 54/58 | €1,091 | €817 | -€274 | -25.1% |
| Deferred charges and accrued income | 490/1 | €0 | €2,343 | +€2,343 | |
| Total equity and liabilities | 10/49 | €35,135 | €140,047 | +€104,912 | +298.6% |
| Equity | 10/15 | €25,997 | €16,749 | -€9,248 | -35.6% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €23,997 | €14,749 | -€9,248 | -38.5% |
| Amounts payable | 17/49 | €9,138 | €123,298 | +€114,160 | +1249.2% |
| Amounts payable within one year | 42/48 | €9,138 | €123,298 | +€114,160 | +1249.2% |
| Trade debts | 44 | €765 | €47,777 | +€47,013 | +6147.0% |
| Suppliers | 440/4 | €765 | €47,777 | +€47,013 | +6147.0% |
| Advances received on contracts in progress | 46 | - | €70,027 | +€70,027 | |
| Taxes, remuneration and social security | 45 | €8,316 | €5,494 | -€2,822 | -33.9% |
| Taxes | 450/3 | €8,316 | €5,494 | -€2,822 | -33.9% |
| Other amounts payable | 47/48 | €57 | - | -€57 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,720 | €2,805 | +€1,085 | +63.0% |
| Other operating charges | 640/8 | €7,570 | €7,893 | +€323 | +4.3% |
| Gross operating margin | 9900 | €19,149 | €2,114 | -€17,035 | -89.0% |
| Operating profit (loss) | 9901 | €9,859 | -€8,584 | -€18,443 | |
| Financial income | 75/76B | €96 | €1,497 | +€1,401 | +1455.2% |
| Recurring financial income | 75 | €96 | €1,497 | +€1,401 | +1455.2% |
| Financial charges | 65/66B | €294 | €192 | -€102 | -34.7% |
| Recurring financial charges | 65 | €294 | €192 | -€102 | -34.7% |
| Profit (loss) for the period before taxes | 9903 | €9,661 | -€7,279 | -€16,940 | |
| Income taxes | 67/77 | €3,525 | €1,969 | -€1,557 | -44.2% |
| Profit (loss) for the period | 9904 | €6,135 | -€9,248 | -€15,383 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,135 | -€9,248 | -€15,383 |
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 9 October 2026 via checked.be.