WIISH: 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.
WIISH
Largest movements
- Receivables within one year +€336,481
up €336,481 (+42.6%), from €790,633 to €1.1m
of which Trade receivables: +€309,248
- Stocks and contracts -€336,317
down €336,317 (-38.8%), from €865,750 to €529,433
of which Stocks: -€329,448
- Cash -€51,761
down €51,761 (-33.3%), from €155,323 to €103,561
mainly Receivables within one year (-€336,481) and Trade debts (-€314,586)
- Advances received +€409,834
up €409,834 (+432.8%), from €94,693 to €504,527
- Contributions +€400,000
up €400,000 (+87.2%), from €458,600 to €858,600
- Trade debts -€314,586
down €314,586 (-37.2%), from €846,377 to €531,791
- Profit (loss) carried forward -€248,693
down €248,693 (-78.9%), from -€315,255 to -€563,948
- Debts after one year -€166,988
down €166,988 (-33.1%), from €504,344 to €337,356
of which Financial debts: -€88,892
- Gross operating margin -€114,641
down €114,641 (-36.5%), from €314,176 to €199,535
- Financial income -€35,305
down €35,305 (-89.5%), from €39,426 to €4,121
- Staff costs +€26,965
up €26,965 (+7.5%), from €360,250 to €387,215
- Financial charges +€26,881
up €26,881 (+183.3%), from €14,664 to €41,545
of which Financial charges: +€26,881
- Depreciation +€6,633
up €6,633 (+94.8%), from €6,997 to €13,630
From the 31-12-2023 result to the 31-12-2024 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 31-12-2023 and 31-12-2024 balance sheets and the 31-12-2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 31-12-2023 | 31-12-2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,873,014 | €1,820,739 | -€52,275 | -2.8% |
| Fixed assets | 21/28 | €56,434 | €43,941 | -€12,492 | -22.1% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €48,589 | €37,221 | -€11,367 | -23.4% |
| Plant, machinery and equipment | 23 | €3,599 | €1,291 | -€2,308 | -64.1% |
| Furniture and vehicles | 24 | €40,573 | €33,922 | -€6,651 | -16.4% |
| Other tangible fixed assets | 26 | €4,417 | €2,008 | -€2,409 | -54.5% |
| Financial fixed assets | 28 | €7,845 | €6,720 | -€1,125 | -14.3% |
| Current assets | 29/58 | €1,816,580 | €1,776,798 | -€39,782 | -2.2% |
| Stocks and contracts in progress | 3 | €865,750 | €529,433 | -€336,317 | -38.8% |
| Stocks | 30/36 | €721,000 | €391,552 | -€329,448 | -45.7% |
| Contracts in progress | 37 | €144,750 | €137,882 | -€6,868 | -4.7% |
| Amounts receivable within one year | 40/41 | €790,633 | €1,127,114 | +€336,481 | +42.6% |
| Trade receivables | 40 | €770,685 | €1,079,933 | +€309,248 | +40.1% |
| Other amounts receivable | 41 | €19,949 | €47,181 | +€27,233 | +136.5% |
| Cash at bank and in hand | 54/58 | €155,323 | €103,561 | -€51,761 | -33.3% |
| Deferred charges and accrued income | 490/1 | €4,874 | €16,689 | +€11,815 | +242.4% |
| Total equity and liabilities | 10/49 | €1,873,014 | €1,820,739 | -€52,275 | -2.8% |
| Equity | 10/15 | €143,345 | €294,652 | +€151,307 | +105.6% |
| Contributions | 10/11 | €458,600 | €858,600 | +€400,000 | +87.2% |
| Profit (loss) carried forward | 14 | -€315,255 | -€563,948 | -€248,693 | -78.9% |
| Amounts payable | 17/49 | €1,729,669 | €1,526,087 | -€203,582 | -11.8% |
| Amounts payable after more than one year | 17 | €504,344 | €337,356 | -€166,988 | -33.1% |
| Financial debts | 170/4 | €126,317 | €37,425 | -€88,892 | -70.4% |
| Other amounts payable | 178/9 | €378,027 | €299,931 | -€78,096 | -20.7% |
| Amounts payable within one year | 42/48 | €1,210,381 | €1,181,213 | -€29,168 | -2.4% |
| Current portion of amounts payable after more than one year | 42 | €87,595 | €88,892 | +€1,296 | +1.5% |
| Financial debts | 43 | €102,872 | €630 | -€102,242 | -99.4% |
| Credit institutions | 430/8 | €102,872 | - | -€102,872 | |
| Other loans | 439 | - | €630 | +€630 | |
| Trade debts | 44 | €846,377 | €531,791 | -€314,586 | -37.2% |
| Suppliers | 440/4 | €846,377 | €531,791 | -€314,586 | -37.2% |
| Advances received on contracts in progress | 46 | €94,693 | €504,527 | +€409,834 | +432.8% |
| Taxes, remuneration and social security | 45 | €78,844 | €55,374 | -€23,470 | -29.8% |
| Taxes | 450/3 | €18,142 | €3,725 | -€14,416 | -79.5% |
| Remuneration and social security | 454/9 | €60,702 | €51,649 | -€9,053 | -14.9% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €14,944 | €7,518 | -€7,426 | -49.7% |
| Non-recurring operating income | 76A | €1,511 | - | -€1,511 | |
| Remuneration, social security and pensions | 62 | €360,250 | €387,215 | +€26,965 | +7.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,997 | €13,630 | +€6,633 | +94.8% |
| Other operating charges | 640/8 | €11,191 | €7,982 | -€3,208 | -28.7% |
| Non-recurring operating charges | 66A | €14,613 | - | -€14,613 | |
| Gross operating margin | 9900 | €314,176 | €199,535 | -€114,641 | -36.5% |
| Operating profit (loss) | 9901 | -€78,875 | -€209,292 | -€130,418 | -165.3% |
| Financial income | 75/76B | €39,426 | €4,121 | -€35,305 | -89.5% |
| Recurring financial income | 75 | €39,426 | €4,121 | -€35,305 | -89.5% |
| Financial charges | 65/66B | €14,664 | €41,545 | +€26,881 | +183.3% |
| Recurring financial charges | 65 | €14,664 | €41,545 | +€26,881 | +183.3% |
| Non-recurring financial charges | 66B | €0 | - | = | |
| Profit (loss) for the period before taxes | 9903 | -€54,113 | -€246,717 | -€192,604 | -355.9% |
| Income taxes | 67/77 | €1,679 | €1,976 | +€297 | +17.7% |
| Profit (loss) for the period | 9904 | -€55,792 | -€248,693 | -€192,901 | -345.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€55,792 | -€248,693 | -€192,901 | -345.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.