WIRELESS BELGIE: 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.
WIRELESS BELGIE
Largest movements
- Cash +€63,166
up €63,166 (+23.4%), from €269,641 to €332,808
- Receivables within one year +€9,195
up €9,195 (+3.5%), from €261,125 to €270,320
of which Other amounts receivable: +€30,914
- Reserves +€355,840
new in 2025: €355,840
- Profit (loss) carried forward -€208,476
no longer reported in 2025 (was €208,476)
- Tax, wage and social debts -€34,467
down €34,467 (-58.1%), from €59,309 to €24,842
- Advances received -€32,400
no longer reported in 2025 (was €32,400)
- Trade debts -€6,603
down €6,603 (-2.6%), from €256,030 to €249,427
- Gross operating margin +€62,681
up €62,681 (+64.0%), from €97,893 to €160,574
- Taxes -€16,363
down €16,363 (-29.2%), from €56,089 to €39,726
- Depreciation +€6,693
up €6,693 (+101%), from €6,644 to €13,337
- Other operating charges +€1,811
up €1,811 (+186%), from €974 to €2,784
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.
Derived cash bridge
A cash bridge needs two consecutive financial 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 | €576,667 | €650,561 | +€73,894 | +12.8% |
| Fixed assets | 21/28 | €45,092 | €46,382 | +€1,290 | +2.9% |
| Tangible fixed assets | 22/27 | €45,092 | €46,382 | +€1,290 | +2.9% |
| Plant, machinery and equipment | 23 | €28,533 | €22,375 | -€6,158 | -21.6% |
| Furniture and vehicles | 24 | €16,558 | €24,007 | +€7,448 | +45.0% |
| Current assets | 29/58 | €531,575 | €604,179 | +€72,604 | +13.7% |
| Amounts receivable within one year | 40/41 | €261,125 | €270,320 | +€9,195 | +3.5% |
| Trade receivables | 40 | €140,350 | €118,631 | -€21,719 | -15.5% |
| Other amounts receivable | 41 | €120,776 | €151,689 | +€30,914 | +25.6% |
| Cash at bank and in hand | 54/58 | €269,641 | €332,808 | +€63,166 | +23.4% |
| Deferred charges and accrued income | 490/1 | €808 | €1,051 | +€243 | +30.1% |
| Total equity and liabilities | 10/49 | €576,667 | €650,561 | +€73,894 | +12.8% |
| Equity | 10/15 | €228,928 | €376,292 | +€147,364 | +64.4% |
| Contributions | 10/11 | €20,452 | €20,452 | = | 0.0% |
| Reserves | 13 | - | €355,840 | +€355,840 | |
| Distributable reserves | 133 | - | €355,840 | +€355,840 | |
| Profit (loss) carried forward | 14 | €208,476 | - | -€208,476 | |
| Amounts payable | 17/49 | €347,739 | €274,269 | -€73,470 | -21.1% |
| Amounts payable within one year | 42/48 | €347,739 | €274,269 | -€73,470 | -21.1% |
| Trade debts | 44 | €256,030 | €249,427 | -€6,603 | -2.6% |
| Suppliers | 440/4 | €256,030 | €249,427 | -€6,603 | -2.6% |
| Advances received on contracts in progress | 46 | €32,400 | - | -€32,400 | |
| Taxes, remuneration and social security | 45 | €59,309 | €24,842 | -€34,467 | -58.1% |
| Taxes | 450/3 | €59,309 | €24,842 | -€34,467 | -58.1% |
| Non-recurring operating income | 76A | - | €7,527 | +€7,527 | |
| Remuneration, social security and pensions | 62 | €335 | €186 | -€149 | -44.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,644 | €13,337 | +€6,693 | +101% |
| Other operating charges | 640/8 | €974 | €2,784 | +€1,811 | +186% |
| Non-recurring operating charges | 66A | - | €9,413 | +€9,413 | |
| Gross operating margin | 9900 | €97,893 | €160,574 | +€62,681 | +64.0% |
| Operating profit (loss) | 9901 | €89,940 | €134,854 | +€44,913 | +49.9% |
| Financial income | 75/76B | €160 | €1,722 | +€1,562 | +975% |
| Recurring financial income | 75 | €160 | €1,722 | +€1,562 | +975% |
| Financial charges | 65/66B | €983 | €1,249 | +€266 | +27.1% |
| Recurring financial charges | 65 | €983 | €1,249 | +€266 | +27.1% |
| Profit (loss) for the period before taxes | 9903 | €89,118 | €135,327 | +€46,209 | +51.9% |
| Income taxes | 67/77 | €56,089 | €39,726 | -€16,363 | -29.2% |
| Profit (loss) for the period | 9904 | €33,029 | €95,601 | +€62,572 | +189% |
| Profit (loss) for the period to be appropriated | 9905 | €33,029 | €95,601 | +€62,572 | +189% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.