WIREHEAD: 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.
WIREHEAD
Largest movements
- Receivables within one year -€12,268
down €12,268 (-56.3%), from €21,780 to €9,512
of which Trade receivables: -€14,520
- Cash +€5,655
up €5,655 (+8.2%), from €68,894 to €74,549
mainly Net result for the year (+€25,009) and Receivables within one year (+€12,268)
- Tangible fixed assets +€2,907
up €2,907 (+30.5%), from €9,544 to €12,450
of which Furniture and vehicles: +€3,424
- Trade debts -€2,761
down €2,761 (-66.5%), from €4,154 to €1,392
- Gross operating margin -€7,781
down €7,781 (-16.6%), from €46,967 to €39,185
- Depreciation +€1,576
up €1,576 (+76.9%), from €2,051 to €3,627
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 | €100,440 | €96,758 | -€3,682 | -3.7% |
| Fixed assets | 21/28 | €9,544 | €12,450 | +€2,907 | +30.5% |
| Tangible fixed assets | 22/27 | €9,544 | €12,450 | +€2,907 | +30.5% |
| Plant, machinery and equipment | 23 | €130 | €0 | -€130 | -100% |
| Furniture and vehicles | 24 | €6,293 | €9,717 | +€3,424 | +54.4% |
| Other tangible fixed assets | 26 | €3,121 | €2,733 | -€387 | -12.4% |
| Current assets | 29/58 | €90,897 | €84,307 | -€6,589 | -7.2% |
| Amounts receivable within one year | 40/41 | €21,780 | €9,512 | -€12,268 | -56.3% |
| Trade receivables | 40 | €21,780 | €7,260 | -€14,520 | -66.7% |
| Other amounts receivable | 41 | - | €2,252 | +€2,252 | |
| Cash at bank and in hand | 54/58 | €68,894 | €74,549 | +€5,655 | +8.2% |
| Deferred charges and accrued income | 490/1 | €223 | €246 | +€23 | +10.5% |
| Total equity and liabilities | 10/49 | €100,440 | €96,758 | -€3,682 | -3.7% |
| Equity | 10/15 | €80,351 | €80,360 | +€9 | 0.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €75,351 | €75,360 | +€9 | 0.0% |
| Distributable reserves | 133 | €75,351 | €75,360 | +€9 | 0.0% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €20,089 | €16,397 | -€3,692 | -18.4% |
| Amounts payable within one year | 42/48 | €19,981 | €16,397 | -€3,584 | -17.9% |
| Trade debts | 44 | €4,154 | €1,392 | -€2,761 | -66.5% |
| Suppliers | 440/4 | €4,154 | €1,392 | -€2,761 | -66.5% |
| Taxes, remuneration and social security | 45 | €15,260 | €14,448 | -€813 | -5.3% |
| Taxes | 450/3 | €12,280 | €14,448 | +€2,167 | +17.6% |
| Remuneration and social security | 454/9 | €2,980 | €0 | -€2,980 | -100% |
| Other amounts payable | 47/48 | €567 | €557 | -€10 | -1.7% |
| Accrued charges and deferred income | 492/3 | €108 | €0 | -€108 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,051 | €3,627 | +€1,576 | +76.9% |
| Other operating charges | 640/8 | €588 | €678 | +€89 | +15.2% |
| Gross operating margin | 9900 | €46,967 | €39,185 | -€7,781 | -16.6% |
| Operating profit (loss) | 9901 | €44,328 | €34,880 | -€9,447 | -21.3% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €89 | €122 | +€33 | +37.6% |
| Recurring financial charges | 65 | €89 | €122 | +€33 | +37.6% |
| Profit (loss) for the period before taxes | 9903 | €44,239 | €34,758 | -€9,481 | -21.4% |
| Income taxes | 67/77 | €9,327 | €9,749 | +€423 | +4.5% |
| Profit (loss) for the period | 9904 | €34,912 | €25,009 | -€9,903 | -28.4% |
| Profit (loss) for the period to be appropriated | 9905 | €34,912 | €25,009 | -€9,903 | -28.4% |
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 17 October 2026 via checked.be.