WI.ARE: 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.
WI.ARE
Largest movements
- Cash +€20,972
up €20,972 (+60.4%), from €34,707 to €55,679
mainly Net result for the year (+€51,839) and Other debts (+€4,151)
- Receivables within one year +€8,033
up €8,033 (+71.9%), from €11,174 to €19,206
of which Other amounts receivable: +€4,767
- Profit (loss) carried forward +€46,189
up €46,189 (+68.2%), from €67,750 to €113,938
- Debts after one year -€17,981
down €17,981 (-32.2%), from €55,852 to €37,871
- Other debts +€4,151
up €4,151 (+277%), from €1,499 to €5,650
- Tax, wage and social debts -€2,372
down €2,372 (-16.8%), from €14,111 to €11,739
- Gross operating margin +€20,724
up €20,724 (+37.9%), from €54,614 to €75,338
- Taxes +€5,592
up €5,592 (+43.8%), from €12,773 to €18,365
- Depreciation +€914
up €914 (+41.6%), from €2,198 to €3,112
- Financial charges -€790
down €790 (-17.9%), from €4,424 to €3,634
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 | €160,253 | €190,969 | +€30,715 | +19.2% |
| Fixed assets | 21/28 | €111,340 | €111,792 | +€453 | +0.4% |
| Tangible fixed assets | 22/27 | €6,340 | €6,792 | +€453 | +7.1% |
| Plant, machinery and equipment | 23 | €1,313 | €563 | -€750 | -57.1% |
| Furniture and vehicles | 24 | €3,073 | €4,676 | +€1,603 | +52.2% |
| Other tangible fixed assets | 26 | €1,954 | €1,554 | -€400 | -20.5% |
| Financial fixed assets | 28 | €105,000 | €105,000 | = | 0.0% |
| Current assets | 29/58 | €48,914 | €79,176 | +€30,262 | +61.9% |
| Amounts receivable within one year | 40/41 | €11,174 | €19,206 | +€8,033 | +71.9% |
| Trade receivables | 40 | €11,174 | €14,440 | +€3,266 | +29.2% |
| Other amounts receivable | 41 | €0 | €4,767 | +€4,767 | |
| Current investments | 50/53 | €1,410 | €2,460 | +€1,050 | +74.5% |
| Cash at bank and in hand | 54/58 | €34,707 | €55,679 | +€20,972 | +60.4% |
| Deferred charges and accrued income | 490/1 | €1,624 | €1,831 | +€208 | +12.8% |
| Total equity and liabilities | 10/49 | €160,253 | €190,969 | +€30,715 | +19.2% |
| Equity | 10/15 | €70,750 | €116,938 | +€46,189 | +65.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Contributions outside capital | 11 | €3,000 | - | -€3,000 | |
| Other | 1109/19 | €3,000 | - | -€3,000 | |
| Profit (loss) carried forward | 14 | €67,750 | €113,938 | +€46,189 | +68.2% |
| Amounts payable | 17/49 | €89,504 | €74,030 | -€15,473 | -17.3% |
| Amounts payable after more than one year | 17 | €55,852 | €37,871 | -€17,981 | -32.2% |
| Financial debts | 170/4 | €55,852 | €37,871 | -€17,981 | -32.2% |
| Amounts payable within one year | 42/48 | €33,587 | €36,159 | +€2,573 | +7.7% |
| Current portion of amounts payable after more than one year | 42 | €17,372 | €17,981 | +€608 | +3.5% |
| Trade debts | 44 | €605 | €789 | +€185 | +30.6% |
| Suppliers | 440/4 | €605 | €789 | +€185 | +30.6% |
| Taxes, remuneration and social security | 45 | €14,111 | €11,739 | -€2,372 | -16.8% |
| Taxes | 450/3 | €14,111 | €11,739 | -€2,372 | -16.8% |
| Other amounts payable | 47/48 | €1,499 | €5,650 | +€4,151 | +277% |
| Accrued charges and deferred income | 492/3 | €66 | - | -€66 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,198 | €3,112 | +€914 | +41.6% |
| Other operating charges | 640/8 | €890 | €1,426 | +€536 | +60.2% |
| Non-recurring operating charges | 66A | €382 | €127 | -€255 | -66.8% |
| Gross operating margin | 9900 | €54,614 | €75,338 | +€20,724 | +37.9% |
| Operating profit (loss) | 9901 | €51,145 | €70,673 | +€19,528 | +38.2% |
| Financial income | 75/76B | €3,573 | €3,165 | -€408 | -11.4% |
| Recurring financial income | 75 | €3,573 | €3,165 | -€408 | -11.4% |
| Financial charges | 65/66B | €4,424 | €3,634 | -€790 | -17.9% |
| Recurring financial charges | 65 | €4,424 | €3,634 | -€790 | -17.9% |
| Profit (loss) for the period before taxes | 9903 | €50,293 | €70,203 | +€19,910 | +39.6% |
| Income taxes | 67/77 | €12,773 | €18,365 | +€5,592 | +43.8% |
| Profit (loss) for the period | 9904 | €37,520 | €51,839 | +€14,318 | +38.2% |
| Profit (loss) for the period to be appropriated | 9905 | €37,520 | €51,839 | +€14,318 | +38.2% |
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 18 October 2026 via checked.be.