WISDOM TREASURY: 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.
WISDOM TREASURY
Largest movements
- Tangible fixed assets +€115,288
up €115,288 (+9.0%), from €1.3m to €1.4m
of which Other tangible fixed assets: +€185,067
- Cash +€100,588
up €100,588 (+24.7%), from €407,129 to €507,717
mainly Net result for the year (+€284,551) and Depreciation (+€116,556)
- Reserves +€100,000
up €100,000 (+100.0%), from €100,000 to €200,000
- Trade debts +€93,068
up €93,068 (+99.1%), from €93,922 to €186,990
- Debts after one year -€71,913
down €71,913 (-12.6%), from €572,012 to €500,099
- Tax, wage and social debts +€50,626
up €50,626 (+29.9%), from €169,226 to €219,852
of which Taxes: +€45,077
- Profit (loss) carried forward +€41,694
up €41,694 (+4.3%), from €977,302 to €1.0m
- Turnover +€112,046
up €112,046 (+6.9%), from €1.6m to €1.7m
- Staff costs +€103,365
up €103,365 (+16.2%), from €638,336 to €741,701
- Gross operating margin +€64,774
up €64,774 (+5.4%), from €1.2m to €1.3m
- Purchases and services +€47,272
up €47,272 (+10.9%), from €433,258 to €480,530
- Taxes -€19,664
down €19,664 (-17.3%), from €113,400 to €93,736
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,095,612 | €2,312,474 | +€216,862 | +10.3% |
| Fixed assets | 21/28 | €1,293,749 | €1,402,969 | +€109,220 | +8.4% |
| Intangible fixed assets | 21 | €9,340 | €3,272 | -€6,068 | -65.0% |
| Tangible fixed assets | 22/27 | €1,282,644 | €1,397,932 | +€115,288 | +9.0% |
| Land and buildings | 22 | €1,125,089 | €1,087,849 | -€37,240 | -3.3% |
| Furniture and vehicles | 24 | €110,380 | €77,841 | -€32,539 | -29.5% |
| Other tangible fixed assets | 26 | €47,175 | €232,242 | +€185,067 | +392.3% |
| Financial fixed assets | 28 | €1,765 | €1,765 | = | 0.0% |
| Current assets | 29/58 | €801,863 | €909,505 | +€107,642 | +13.4% |
| Stocks and contracts in progress | 3 | €19,971 | €19,687 | -€284 | -1.4% |
| Stocks | 30/36 | €19,971 | €19,687 | -€284 | -1.4% |
| Amounts receivable within one year | 40/41 | €369,291 | €376,011 | +€6,720 | +1.8% |
| Trade receivables | 40 | €305,462 | €319,423 | +€13,961 | +4.6% |
| Other amounts receivable | 41 | €63,829 | €56,588 | -€7,241 | -11.3% |
| Cash at bank and in hand | 54/58 | €407,129 | €507,717 | +€100,588 | +24.7% |
| Deferred charges and accrued income | 490/1 | €5,472 | €6,090 | +€618 | +11.3% |
| Total equity and liabilities | 10/49 | €2,095,612 | €2,312,474 | +€216,862 | +10.3% |
| Equity | 10/15 | €1,085,502 | €1,227,196 | +€141,694 | +13.1% |
| Contributions | 10/11 | €8,200 | €8,200 | = | 0.0% |
| Reserves | 13 | €100,000 | €200,000 | +€100,000 | +100.0% |
| Distributable reserves | 133 | €100,000 | €200,000 | +€100,000 | +100.0% |
| Profit (loss) carried forward | 14 | €977,302 | €1,018,996 | +€41,694 | +4.3% |
| Amounts payable | 17/49 | €1,010,110 | €1,085,278 | +€75,168 | +7.4% |
| Amounts payable after more than one year | 17 | €572,012 | €500,099 | -€71,913 | -12.6% |
| Financial debts | 170/4 | €572,012 | €500,099 | -€71,913 | -12.6% |
| Amounts payable within one year | 42/48 | €432,922 | €585,179 | +€152,257 | +35.2% |
| Current portion of amounts payable after more than one year | 42 | €69,774 | €76,803 | +€7,029 | +10.1% |
| Trade debts | 44 | €93,922 | €186,990 | +€93,068 | +99.1% |
| Suppliers | 440/4 | €93,922 | €186,990 | +€93,068 | +99.1% |
| Advances received on contracts in progress | 46 | - | €1,534 | +€1,534 | |
| Taxes, remuneration and social security | 45 | €169,226 | €219,852 | +€50,626 | +29.9% |
| Taxes | 450/3 | €93,905 | €138,982 | +€45,077 | +48.0% |
| Remuneration and social security | 454/9 | €75,321 | €80,870 | +€5,549 | +7.4% |
| Other amounts payable | 47/48 | €100,000 | €100,000 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €5,176 | - | -€5,176 | |
| Turnover | 70 | €1,634,041 | €1,746,087 | +€112,046 | +6.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €433,258 | €480,530 | +€47,272 | +10.9% |
| Remuneration, social security and pensions | 62 | €638,336 | €741,701 | +€103,365 | +16.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €113,235 | €116,556 | +€3,321 | +2.9% |
| Other operating charges | 640/8 | €7,700 | €9,096 | +€1,396 | +18.1% |
| Gross operating margin | 9900 | €1,200,783 | €1,265,557 | +€64,774 | +5.4% |
| Operating profit (loss) | 9901 | €441,512 | €398,204 | -€43,308 | -9.8% |
| Financial income | 75/76B | €1,406 | €2,501 | +€1,095 | +77.9% |
| Recurring financial income | 75 | €1,406 | €2,501 | +€1,095 | +77.9% |
| Financial charges | 65/66B | €23,616 | €22,418 | -€1,198 | -5.1% |
| Recurring financial charges | 65 | €23,616 | €22,418 | -€1,198 | -5.1% |
| Profit (loss) for the period before taxes | 9903 | €419,302 | €378,287 | -€41,015 | -9.8% |
| Income taxes | 67/77 | €113,400 | €93,736 | -€19,664 | -17.3% |
| Profit (loss) for the period | 9904 | €305,902 | €284,551 | -€21,351 | -7.0% |
| Profit (loss) for the period to be appropriated | 9905 | €305,902 | €284,551 | -€21,351 | -7.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.