Wiish Elevator Solutions: 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.
What changed
Wiish Elevator Solutions
NACE 28.220, Manufacture of machinery and equipment not elsewhere classified
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€323,773
2023 · €565,619-€241,846
Equity
€363,345
2023 · €364,571-€1,227
Cash
€178,666
2023 · €342,975-€164,309
Balance sheet total
€1.5m
2023 · €1.5m-€20,211
Largest movements
Assets
- Cash -€164,309
down €164,309 (-47.9%), from €342,975 to €178,666
mainly Contributions, distributions and other (-€325,000) and Other debts (-€274,800)
- Receivables within one year +€140,983
up €140,983 (+25.6%), from €550,371 to €691,354
of which Other amounts receivable: +€180,202
Equity and liabilities
- Other debts -€274,800
down €274,800 (-45.7%), from €601,268 to €326,468
- Trade debts +€119,757
up €119,757 (+118.8%), from €100,845 to €220,601
- Short-term financial debts +€99,993
up €99,993 (+1408350.7%), from €7 to €100,000
- Accrued charges and deferred income +€17,460
up €17,460 (+6.0%), from €288,922 to €306,382
Income statement
- Gross operating margin -€147,179
down €147,179 (-11.6%), from €1.3m to €1.1m
- Staff costs +€132,862
up €132,862 (+21.7%), from €613,552 to €746,414
- Taxes -€51,188
down €51,188 (-92.4%), from €55,405 to €4,217
From the 2023 result to the 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.
Result 2023
€565,619
Gross operating margin
-€147,179
Staff costs
-€132,862
Depreciation
-€9,161
Other operating charges
-€1,885
Other operating items
-€4
Financial income
+€1,737
Financial charges
-€3,681
Taxes
+€51,188
Result 2024
€323,773
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€108,145
Investment
-€55,065
Financing
-€217,390
Cash 2023
€342,975
From operations (derived)
+€108,145
Net result for the year
+€323,773
Depreciation
+€36,764
Stocks and contracts
+€7,675
Receivables within one year
-€140,983
Deferred charges and accrued income
+€7,511
Trade debts
+€119,757
Tax, wage and social debts
+€10,988
Other debts
-€274,800
Accrued charges and deferred income
+€17,460
Investment (derived)
-€55,065
Investment in fixed assets (net)
-€55,065
Financing
-€217,390
Debts after one year
+€9,130
Current portion of long-term debt
-€1,513
Short-term financial debts
+€99,993
Contributions, distributions and other
-€325,000
Cash 2024
€178,666
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,472,538 | €1,452,326 | -€20,211 | -1.4% |
| Fixed assets | 21/28 | €87,602 | €105,903 | +€18,301 | +20.9% |
| Tangible fixed assets | 22/27 | €87,475 | €100,611 | +€13,136 | +15.0% |
| Plant, machinery and equipment | 23 | €14,375 | €14,602 | +€227 | +1.6% |
| Furniture and vehicles | 24 | €5,807 | €3,682 | -€2,125 | -36.6% |
| Leasing and similar rights | 25 | €67,293 | €82,327 | +€15,034 | +22.3% |
| Financial fixed assets | 28 | €127 | €5,292 | +€5,165 | +4077.5% |
| Current assets | 29/58 | €1,384,935 | €1,346,423 | -€38,512 | -2.8% |
| Stocks and contracts in progress | 3 | €469,920 | €462,244 | -€7,675 | -1.6% |
| Stocks | 30/36 | €184,376 | €182,644 | -€1,731 | -0.9% |
| Contracts in progress | 37 | €285,544 | €279,600 | -€5,944 | -2.1% |
| Amounts receivable within one year | 40/41 | €550,371 | €691,354 | +€140,983 | +25.6% |
| Trade receivables | 40 | €349,830 | €310,612 | -€39,219 | -11.2% |
| Other amounts receivable | 41 | €200,541 | €380,743 | +€180,202 | +89.9% |
| Cash at bank and in hand | 54/58 | €342,975 | €178,666 | -€164,309 | -47.9% |
| Deferred charges and accrued income | 490/1 | €21,669 | €14,158 | -€7,511 | -34.7% |
| Total equity and liabilities | 10/49 | €1,472,538 | €1,452,326 | -€20,211 | -1.4% |
| Equity | 10/15 | €364,571 | €363,345 | -€1,227 | -0.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €345,971 | €344,745 | -€1,227 | -0.4% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €345,971 | €344,745 | -€1,227 | -0.4% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €1,107,966 | €1,088,981 | -€18,985 | -1.7% |
| Amounts payable after more than one year | 17 | €20,895 | €30,026 | +€9,130 | +43.7% |
| Financial debts | 170/4 | €20,895 | €30,026 | +€9,130 | +43.7% |
| Amounts payable within one year | 42/48 | €798,149 | €752,573 | -€45,575 | -5.7% |
| Current portion of amounts payable after more than one year | 42 | €25,343 | €23,830 | -€1,513 | -6.0% |
| Financial debts | 43 | €7 | €100,000 | +€99,993 | +1408350.7% |
| Credit institutions | 430/8 | €7 | €100,000 | +€99,993 | +1408350.7% |
| Trade debts | 44 | €100,845 | €220,601 | +€119,757 | +118.8% |
| Suppliers | 440/4 | €100,845 | €220,601 | +€119,757 | +118.8% |
| Taxes, remuneration and social security | 45 | €70,686 | €81,674 | +€10,988 | +15.5% |
| Taxes | 450/3 | €7,574 | - | -€7,574 | |
| Remuneration and social security | 454/9 | €63,112 | €81,674 | +€18,561 | +29.4% |
| Other amounts payable | 47/48 | €601,268 | €326,468 | -€274,800 | -45.7% |
| Accrued charges and deferred income | 492/3 | €288,922 | €306,382 | +€17,460 | +6.0% |
| Non-recurring operating income | 76A | €9,800 | - | -€9,800 | |
| Remuneration, social security and pensions | 62 | €613,552 | €746,414 | +€132,862 | +21.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,603 | €36,764 | +€9,161 | +33.2% |
| Other operating charges | 640/8 | €8,774 | €10,659 | +€1,885 | +21.5% |
| Non-recurring operating charges | 66A | - | €4 | +€4 | |
| Gross operating margin | 9900 | €1,265,569 | €1,118,390 | -€147,179 | -11.6% |
| Operating profit (loss) | 9901 | €615,640 | €324,550 | -€291,090 | -47.3% |
| Financial income | 75/76B | €7,670 | €9,407 | +€1,737 | +22.6% |
| Recurring financial income | 75 | €7,670 | €9,407 | +€1,737 | +22.6% |
| Financial charges | 65/66B | €2,285 | €5,966 | +€3,681 | +161.1% |
| Recurring financial charges | 65 | €2,285 | €5,966 | +€3,681 | +161.1% |
| Profit (loss) for the period before taxes | 9903 | €621,025 | €327,991 | -€293,034 | -47.2% |
| Income taxes | 67/77 | €55,405 | €4,217 | -€51,188 | -92.4% |
| Profit (loss) for the period | 9904 | €565,619 | €323,773 | -€241,846 | -42.8% |
| Profit (loss) for the period to be appropriated | 9905 | €565,619 | €323,773 | -€241,846 | -42.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.