WIPA: 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.
WIPA
Largest movements
- Current investments -€30,833
down €30,833 (-84.4%), from €36,534 to €5,701
- Receivables within one year -€7,409
down €7,409 (-1.8%), from €406,188 to €398,779
- Reserves -€545,709
down €545,709 (-99.9%), from €546,056 to €347
- Other debts +€529,000
new in 2025: €529,000
- Debts after one year -€19,738
no longer reported in 2025 (was €19,738)
- Gross operating margin -€56,866
down €56,866 (-44.2%), from €128,550 to €71,684
- Taxes -€12,624
down €12,624 (-44.0%), from €28,697 to €16,073
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €622,722 | €584,480 | -€38,242 | -6.1% |
| Fixed assets | 21/28 | €180,000 | €180,000 | = | 0.0% |
| Financial fixed assets | 28 | €180,000 | €180,000 | = | 0.0% |
| Current assets | 29/58 | €442,722 | €404,480 | -€38,242 | -8.6% |
| Amounts receivable within one year | 40/41 | €406,188 | €398,779 | -€7,409 | -1.8% |
| Other amounts receivable | 41 | €406,188 | €398,779 | -€7,409 | -1.8% |
| Current investments | 50/53 | €36,534 | €5,701 | -€30,833 | -84.4% |
| Total equity and liabilities | 10/49 | €622,722 | €584,480 | -€38,242 | -6.1% |
| Equity | 10/15 | €566,056 | €20,347 | -€545,709 | -96.4% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €546,056 | €347 | -€545,709 | -99.9% |
| Distributable reserves | 133 | €546,056 | €347 | -€545,709 | -99.9% |
| Amounts payable | 17/49 | €56,666 | €564,133 | +€507,467 | +895.5% |
| Amounts payable after more than one year | 17 | €19,738 | - | -€19,738 | |
| Financial debts | 170/4 | €19,738 | - | -€19,738 | |
| Amounts payable within one year | 42/48 | €36,928 | €563,983 | +€527,055 | +1427.3% |
| Current portion of amounts payable after more than one year | 42 | €25,375 | €21,701 | -€3,674 | -14.5% |
| Trade debts | 44 | - | €611 | +€611 | |
| Suppliers | 440/4 | - | €611 | +€611 | |
| Taxes, remuneration and social security | 45 | €11,553 | €12,671 | +€1,119 | +9.7% |
| Taxes | 450/3 | €11,553 | €12,671 | +€1,119 | +9.7% |
| Other amounts payable | 47/48 | - | €529,000 | +€529,000 | |
| Accrued charges and deferred income | 492/3 | - | €150 | +€150 | |
| Other operating charges | 640/8 | €688 | €706 | +€17 | +2.5% |
| Gross operating margin | 9900 | €128,550 | €71,684 | -€56,866 | -44.2% |
| Operating profit (loss) | 9901 | €127,862 | €70,978 | -€56,884 | -44.5% |
| Financial income | 75/76B | €10,000 | €10,027 | +€27 | +0.3% |
| Recurring financial income | 75 | €10,000 | €10,027 | +€27 | +0.3% |
| Financial charges | 65/66B | €918 | €641 | -€277 | -30.2% |
| Recurring financial charges | 65 | €918 | €641 | -€277 | -30.2% |
| Profit (loss) for the period before taxes | 9903 | €136,943 | €80,364 | -€56,579 | -41.3% |
| Income taxes | 67/77 | €28,697 | €16,073 | -€12,624 | -44.0% |
| Profit (loss) for the period | 9904 | €108,246 | €64,291 | -€43,955 | -40.6% |
| Profit (loss) for the period to be appropriated | 9905 | €108,246 | €64,291 | -€43,955 | -40.6% |
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 11 October 2026 via checked.be.