WISCON: 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.
WISCON
Largest movements
- Financial fixed assets +€100,053
up €100,053 (+66.7%), from €149,996 to €250,049
- Tangible fixed assets -€37,109
down €37,109 (-15.8%), from €234,316 to €197,208
of which Furniture and vehicles: -€34,084
- Cash -€12,951
down €12,951 (-41.9%), from €30,874 to €17,923
mainly Investment in fixed assets (net) (-€126,951) and Current portion of long-term debt (-€24,833)
- Debts after one year +€41,594
up €41,594 (+32.0%), from €130,115 to €171,709
- Reserves +€35,708
up €35,708 (+18.3%), from €195,500 to €231,208
- Current portion of long-term debt -€24,833
down €24,833 (-32.9%), from €75,449 to €50,616
- Other debts -€6,718
down €6,718 (-13.1%), from €51,314 to €44,596
- Gross operating margin -€8,248
down €8,248 (-6.1%), from €134,400 to €126,152
- Depreciation +€6,588
up €6,588 (+11.5%), from €57,419 to €64,007
- Taxes -€4,915
down €4,915 (-20.2%), from €24,348 to €19,433
- Financial charges +€2,521
up €2,521 (+52.9%), from €4,766 to €7,287
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 | €488,647 | €536,992 | +€48,345 | +9.9% |
| Fixed assets | 21/28 | €384,312 | €447,257 | +€62,944 | +16.4% |
| Tangible fixed assets | 22/27 | €234,316 | €197,208 | -€37,109 | -15.8% |
| Plant, machinery and equipment | 23 | €9,111 | €8,020 | -€1,092 | -12.0% |
| Furniture and vehicles | 24 | €109,012 | €74,929 | -€34,084 | -31.3% |
| Other tangible fixed assets | 26 | €116,193 | €114,259 | -€1,934 | -1.7% |
| Financial fixed assets | 28 | €149,996 | €250,049 | +€100,053 | +66.7% |
| Current assets | 29/58 | €104,335 | €89,736 | -€14,599 | -14.0% |
| Amounts receivable within one year | 40/41 | €30,310 | €28,611 | -€1,699 | -5.6% |
| Trade receivables | 40 | €23,524 | €24,279 | +€755 | +3.2% |
| Other amounts receivable | 41 | €6,786 | €4,332 | -€2,454 | -36.2% |
| Current investments | 50/53 | €40,570 | €40,511 | -€59 | -0.1% |
| Cash at bank and in hand | 54/58 | €30,874 | €17,923 | -€12,951 | -41.9% |
| Deferred charges and accrued income | 490/1 | €2,581 | €2,691 | +€110 | +4.3% |
| Total equity and liabilities | 10/49 | €488,647 | €536,992 | +€48,345 | +9.9% |
| Equity | 10/15 | €214,892 | €250,600 | +€35,708 | +16.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €195,500 | €231,208 | +€35,708 | +18.3% |
| Distributable reserves | 133 | €195,500 | €231,208 | +€35,708 | +18.3% |
| Profit (loss) carried forward | 14 | €792 | €792 | = | 0.0% |
| Amounts payable | 17/49 | €273,755 | €286,393 | +€12,638 | +4.6% |
| Amounts payable after more than one year | 17 | €130,115 | €171,709 | +€41,594 | +32.0% |
| Financial debts | 170/4 | €130,115 | €171,709 | +€41,594 | +32.0% |
| Amounts payable within one year | 42/48 | €143,640 | €114,683 | -€28,957 | -20.2% |
| Current portion of amounts payable after more than one year | 42 | €75,449 | €50,616 | -€24,833 | -32.9% |
| Trade debts | 44 | €629 | €2,226 | +€1,597 | +254.0% |
| Suppliers | 440/4 | €629 | €2,226 | +€1,597 | +254.0% |
| Taxes, remuneration and social security | 45 | €16,248 | €17,246 | +€998 | +6.1% |
| Taxes | 450/3 | €14,498 | €15,496 | +€998 | +6.9% |
| Remuneration and social security | 454/9 | €1,750 | €1,750 | = | 0.0% |
| Other amounts payable | 47/48 | €51,314 | €44,596 | -€6,718 | -13.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €57,419 | €64,007 | +€6,588 | +11.5% |
| Other operating charges | 640/8 | €672 | €651 | -€21 | -3.1% |
| Non-recurring operating charges | 66A | €32 | - | -€32 | |
| Gross operating margin | 9900 | €134,400 | €126,152 | -€8,248 | -6.1% |
| Operating profit (loss) | 9901 | €76,278 | €61,494 | -€14,783 | -19.4% |
| Financial income | 75/76B | €660 | €933 | +€273 | +41.3% |
| Recurring financial income | 75 | €660 | €933 | +€273 | +41.3% |
| Financial charges | 65/66B | €4,766 | €7,287 | +€2,521 | +52.9% |
| Recurring financial charges | 65 | €4,766 | €7,287 | +€2,521 | +52.9% |
| Profit (loss) for the period before taxes | 9903 | €72,172 | €55,141 | -€17,031 | -23.6% |
| Income taxes | 67/77 | €24,348 | €19,433 | -€4,915 | -20.2% |
| Profit (loss) for the period | 9904 | €47,823 | €35,708 | -€12,116 | -25.3% |
| Profit (loss) for the period to be appropriated | 9905 | €47,823 | €35,708 | -€12,116 | -25.3% |
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 9 October 2026 via checked.be.