WISCH: 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.
WISCH
Largest movements
- Receivables after one year +€97,000
up €97,000 (+10.4%), from €932,000 to €1.0m
- Current investments +€60,975
up €60,975 (+39.7%), from €153,600 to €214,575
- Tangible fixed assets -€42,486
down €42,486 (-5.3%), from €794,491 to €752,005
of which Land and buildings: -€23,770
- Reserves +€139,037
up €139,037 (+32.7%), from €424,682 to €563,719
of which Distributable reserves: +€139,037
- Debts after one year -€68,846
down €68,846 (-12.3%), from €558,504 to €489,659
- Taxes -€30,283
down €30,283 (-30.3%), from €100,068 to €69,785
- Other operating charges -€14,197
down €14,197 (-77.8%), from €18,243 to €4,045
- Gross operating margin -€9,181
down €9,181 (-3.6%), from €252,006 to €242,825
- Financial income +€4,723
up €4,723 (+21.8%), from €21,681 to €26,404
- Financial charges +€3,308
up €3,308 (+41.2%), from €8,033 to €11,341
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
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 | €2,526,781 | €2,600,676 | +€73,895 | +2.9% |
| Fixed assets | 21/28 | €1,249,094 | €1,206,608 | -€42,486 | -3.4% |
| Tangible fixed assets | 22/27 | €794,491 | €752,005 | -€42,486 | -5.3% |
| Land and buildings | 22 | €728,254 | €704,483 | -€23,770 | -3.3% |
| Plant, machinery and equipment | 23 | €2,066 | €1,367 | -€699 | -33.8% |
| Furniture and vehicles | 24 | €59,936 | €41,920 | -€18,016 | -30.1% |
| Other tangible fixed assets | 26 | €4,235 | €4,235 | = | 0.0% |
| Financial fixed assets | 28 | €454,603 | €454,603 | = | 0.0% |
| Current assets | 29/58 | €1,277,687 | €1,394,068 | +€116,381 | +9.1% |
| Amounts receivable after more than one year | 29 | €932,000 | €1,029,000 | +€97,000 | +10.4% |
| Other amounts receivable | 291 | €932,000 | €1,029,000 | +€97,000 | +10.4% |
| Amounts receivable within one year | 40/41 | €93,782 | €74,461 | -€19,321 | -20.6% |
| Trade receivables | 40 | €93,749 | €74,428 | -€19,321 | -20.6% |
| Other amounts receivable | 41 | €33 | €33 | = | 0.0% |
| Current investments | 50/53 | €153,600 | €214,575 | +€60,975 | +39.7% |
| Cash at bank and in hand | 54/58 | €84,634 | €59,358 | -€25,277 | -29.9% |
| Deferred charges and accrued income | 490/1 | €13,671 | €16,675 | +€3,004 | +22.0% |
| Total equity and liabilities | 10/49 | €2,526,781 | €2,600,676 | +€73,895 | +2.9% |
| Equity | 10/15 | €1,823,583 | €1,962,619 | +€139,037 | +7.6% |
| Contributions | 10/11 | €1,367,900 | €1,367,900 | = | 0.0% |
| Reserves | 13 | €424,682 | €563,719 | +€139,037 | +32.7% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €3,000 | €3,000 | = | 0.0% |
| Distributable reserves | 133 | €419,822 | €558,859 | +€139,037 | +33.1% |
| Profit (loss) carried forward | 14 | €31,001 | €31,001 | = | 0.0% |
| Amounts payable | 17/49 | €703,198 | €638,057 | -€65,141 | -9.3% |
| Amounts payable after more than one year | 17 | €558,504 | €489,659 | -€68,846 | -12.3% |
| Financial debts | 170/4 | €558,504 | €489,659 | -€68,846 | -12.3% |
| Amounts payable within one year | 42/48 | €144,147 | €148,067 | +€3,920 | +2.7% |
| Current portion of amounts payable after more than one year | 42 | €69,361 | €73,717 | +€4,356 | +6.3% |
| Trade debts | 44 | €42,261 | €54,150 | +€11,889 | +28.1% |
| Suppliers | 440/4 | €42,261 | €54,150 | +€11,889 | +28.1% |
| Taxes, remuneration and social security | 45 | €32,277 | €19,093 | -€13,185 | -40.8% |
| Taxes | 450/3 | €32,277 | €19,093 | -€13,185 | -40.8% |
| Other amounts payable | 47/48 | €248 | €1,108 | +€860 | +347.3% |
| Accrued charges and deferred income | 492/3 | €547 | €331 | -€215 | -39.4% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €44,304 | €45,022 | +€718 | +1.6% |
| Other operating charges | 640/8 | €18,243 | €4,045 | -€14,197 | -77.8% |
| Gross operating margin | 9900 | €252,006 | €242,825 | -€9,181 | -3.6% |
| Operating profit (loss) | 9901 | €189,459 | €193,758 | +€4,299 | +2.3% |
| Financial income | 75/76B | €21,681 | €26,404 | +€4,723 | +21.8% |
| Recurring financial income | 75 | €21,681 | €26,404 | +€4,723 | +21.8% |
| Financial charges | 65/66B | €8,033 | €11,341 | +€3,308 | +41.2% |
| Recurring financial charges | 65 | €8,033 | €11,341 | +€3,308 | +41.2% |
| Profit (loss) for the period before taxes | 9903 | €203,107 | €208,821 | +€5,714 | +2.8% |
| Income taxes | 67/77 | €100,068 | €69,785 | -€30,283 | -30.3% |
| Profit (loss) for the period | 9904 | €103,040 | €139,037 | +€35,997 | +34.9% |
| Profit (loss) for the period to be appropriated | 9905 | €103,040 | €139,037 | +€35,997 | +34.9% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.