WIELLER: what changed
Two fiscal 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.
WIELLER
Largest movements
- Tangible fixed assets +€284,072
up €284,072 (+98.5%), from €288,497 to €572,569
of which Land and buildings: +€293,000
- Receivables within one year +€43,414
up €43,414 (+4.7%), from €918,586 to €962,000
of which Other amounts receivable: +€65,467
- Cash -€29,201
down €29,201 (-80.5%), from €36,284 to €7,084
- Debts after one year -€740,000
no longer reported in 2025 (was €740,000)
- Other debts +€626,680
up €626,680 (+247.7%), from €253,016 to €879,696
- Short-term financial debts +€400,000
new in 2025: €400,000
- Reserves +€22,397
up €22,397 (+390.0%), from €5,744 to €28,141
- Depreciation +€55,011
up €55,011 (+1078.3%), from €5,101 to €60,112
- Gross operating margin +€43,145
up €43,145 (+585.6%), from €7,367 to €50,512
- Financial income +€24,392
up €24,392 (+70.2%), from €34,737 to €59,128
- Financial charges -€20,097
down €20,097 (-59.1%), from €34,024 to €13,927
- Taxes +€10,675
up €10,675 (+31359.9%), from €34 to €10,709
From the 2023 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
A cash bridge needs two consecutive fiscal years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,411,875 | €1,705,445 | +€293,570 | +20.8% |
| Fixed assets | 21/28 | €288,497 | €572,569 | +€284,072 | +98.5% |
| Tangible fixed assets | 22/27 | €288,497 | €572,569 | +€284,072 | +98.5% |
| Land and buildings | 22 | €142,000 | €435,000 | +€293,000 | +206.3% |
| Other tangible fixed assets | 26 | €146,497 | €137,569 | -€8,928 | -6.1% |
| Current assets | 29/58 | €1,123,378 | €1,132,876 | +€9,498 | +0.8% |
| Amounts receivable after more than one year | 29 | €167,127 | €152,041 | -€15,087 | -9.0% |
| Other amounts receivable | 291 | €167,127 | €152,041 | -€15,087 | -9.0% |
| Amounts receivable within one year | 40/41 | €918,586 | €962,000 | +€43,414 | +4.7% |
| Trade receivables | 40 | €22,054 | - | -€22,054 | |
| Other amounts receivable | 41 | €896,533 | €962,000 | +€65,467 | +7.3% |
| Cash at bank and in hand | 54/58 | €36,284 | €7,084 | -€29,201 | -80.5% |
| Deferred charges and accrued income | 490/1 | €1,379 | €11,751 | +€10,372 | +751.9% |
| Total equity and liabilities | 10/49 | €1,411,875 | €1,705,445 | +€293,570 | +20.8% |
| Equity | 10/15 | €255,744 | €278,141 | +€22,397 | +8.8% |
| Contributions | 10/11 | €250,000 | €250,000 | = | 0.0% |
| Reserves | 13 | €5,744 | €28,141 | +€22,397 | +390.0% |
| Distributable reserves | 133 | €5,744 | €28,141 | +€22,397 | +390.0% |
| Amounts payable | 17/49 | €1,156,131 | €1,427,304 | +€271,173 | +23.5% |
| Amounts payable after more than one year | 17 | €740,000 | - | -€740,000 | |
| Financial debts | 170/4 | €740,000 | - | -€740,000 | |
| Amounts payable within one year | 42/48 | €255,394 | €1,283,598 | +€1.0m | +402.6% |
| Financial debts | 43 | - | €400,000 | +€400,000 | |
| Credit institutions | 430/8 | - | €400,000 | +€400,000 | |
| Trade debts | 44 | €2,378 | €1,906 | -€472 | -19.8% |
| Suppliers | 440/4 | €2,378 | €1,906 | -€472 | -19.8% |
| Taxes, remuneration and social security | 45 | - | €1,996 | +€1,996 | |
| Taxes | 450/3 | - | €1,996 | +€1,996 | |
| Other amounts payable | 47/48 | €253,016 | €879,696 | +€626,680 | +247.7% |
| Accrued charges and deferred income | 492/3 | €160,737 | €143,706 | -€17,031 | -10.6% |
| Non-recurring operating income | 76A | - | €38,000 | +€38,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,101 | €60,112 | +€55,011 | +1078.3% |
| Other operating charges | 640/8 | €2,180 | €2,495 | +€316 | +14.5% |
| Gross operating margin | 9900 | €7,367 | €50,512 | +€43,145 | +585.6% |
| Operating profit (loss) | 9901 | €86 | -€12,095 | -€12,182 | |
| Financial income | 75/76B | €34,737 | €59,128 | +€24,392 | +70.2% |
| Recurring financial income | 75 | €34,737 | €59,128 | +€24,392 | +70.2% |
| Financial charges | 65/66B | €34,024 | €13,927 | -€20,097 | -59.1% |
| Recurring financial charges | 65 | €34,024 | €13,927 | -€20,097 | -59.1% |
| Profit (loss) for the period before taxes | 9903 | €799 | €33,106 | +€32,307 | +4042.1% |
| Income taxes | 67/77 | €34 | €10,709 | +€10,675 | +31359.9% |
| Profit (loss) for the period | 9904 | €765 | €22,397 | +€21,632 | +2826.9% |
| Profit (loss) for the period to be appropriated | 9905 | €765 | €22,397 | +€21,632 | +2826.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.