WISE CONSULT: 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.
WISE CONSULT
Largest movements
- Financial fixed assets -€378,855
down €378,855 (-100.0%), from €378,855 to €0
- Intangible fixed assets +€80,495
up €80,495 (+10.1%), from €795,211 to €875,706
- Cash +€45,999
up €45,999 (+10220.5%), from €450 to €46,449
mainly Depreciation (+€187,138) and Contributions, distributions and other (+€120,000)
- Receivables within one year -€23,785
down €23,785 (-10.9%), from €217,243 to €193,457
of which Other amounts receivable: -€65,695
- Profit (loss) carried forward -€259,911
down €259,911 (-3765.8%), from -€6,902 to -€266,813
- Trade debts -€121,652
down €121,652 (-65.6%), from €185,355 to €63,704
- Contributions +€120,000
up €120,000 (+645.2%), from €18,600 to €138,600
- Debts after one year +€93,296
up €93,296 (+10.8%), from €863,170 to €956,466
- Other debts -€68,318
down €68,318 (-100.0%), from €68,318 to €0
- Financial charges +€140,598
up €140,598 (+289.0%), from €48,650 to €189,247
of which Non-recurring financial charges: +€142,680
- Staff costs +€25,379
up €25,379 (+8.9%), from €285,476 to €310,855
- Depreciation +€8,673
up €8,673 (+4.9%), from €178,465 to €187,138
- Gross operating margin -€6,547
down €6,547 (-1.5%), from €438,138 to €431,592
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 | €1,416,172 | €1,128,036 | -€288,137 | -20.3% |
| Fixed assets | 21/28 | €1,188,130 | €882,137 | -€305,993 | -25.8% |
| Intangible fixed assets | 21 | €795,211 | €875,706 | +€80,495 | +10.1% |
| Tangible fixed assets | 22/27 | €14,064 | €6,431 | -€7,633 | -54.3% |
| Land and buildings | 22 | €12,861 | €6,431 | -€6,430 | -50.0% |
| Plant, machinery and equipment | 23 | €1,203 | €0 | -€1,203 | -100.0% |
| Financial fixed assets | 28 | €378,855 | €0 | -€378,855 | -100.0% |
| Current assets | 29/58 | €228,043 | €245,899 | +€17,856 | +7.8% |
| Amounts receivable within one year | 40/41 | €217,243 | €193,457 | -€23,785 | -10.9% |
| Trade receivables | 40 | €5,330 | €47,240 | +€41,910 | +786.3% |
| Other amounts receivable | 41 | €211,912 | €146,218 | -€65,695 | -31.0% |
| Cash at bank and in hand | 54/58 | €450 | €46,449 | +€45,999 | +10220.5% |
| Deferred charges and accrued income | 490/1 | €10,350 | €5,992 | -€4,358 | -42.1% |
| Total equity and liabilities | 10/49 | €1,416,172 | €1,128,036 | -€288,137 | -20.3% |
| Equity | 10/15 | €13,558 | -€126,353 | -€139,911 | |
| Contributions | 10/11 | €18,600 | €138,600 | +€120,000 | +645.2% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,902 | -€266,813 | -€259,911 | -3765.8% |
| Amounts payable | 17/49 | €1,402,614 | €1,254,389 | -€148,225 | -10.6% |
| Amounts payable after more than one year | 17 | €863,170 | €956,466 | +€93,296 | +10.8% |
| Financial debts | 170/4 | €863,170 | €956,466 | +€93,296 | +10.8% |
| Amounts payable within one year | 42/48 | €520,298 | €297,848 | -€222,450 | -42.8% |
| Current portion of amounts payable after more than one year | 42 | €151,261 | €146,704 | -€4,557 | -3.0% |
| Financial debts | 43 | €38,942 | €15,607 | -€23,334 | -59.9% |
| Credit institutions | 430/8 | €38,942 | €15,607 | -€23,334 | -59.9% |
| Trade debts | 44 | €185,355 | €63,704 | -€121,652 | -65.6% |
| Suppliers | 440/4 | €185,355 | €63,704 | -€121,652 | -65.6% |
| Taxes, remuneration and social security | 45 | €76,421 | €71,833 | -€4,589 | -6.0% |
| Taxes | 450/3 | €17,097 | €9,738 | -€7,360 | -43.0% |
| Remuneration and social security | 454/9 | €59,324 | €62,095 | +€2,771 | +4.7% |
| Other amounts payable | 47/48 | €68,318 | €0 | -€68,318 | -100.0% |
| Accrued charges and deferred income | 492/3 | €19,146 | €75 | -€19,071 | -99.6% |
| Non-recurring operating income | 76A | - | €63,545 | +€63,545 | |
| Remuneration, social security and pensions | 62 | €285,476 | €310,855 | +€25,379 | +8.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €178,465 | €187,138 | +€8,673 | +4.9% |
| Other operating charges | 640/8 | €2,271 | €2,849 | +€578 | +25.4% |
| Gross operating margin | 9900 | €438,138 | €431,592 | -€6,547 | -1.5% |
| Operating profit (loss) | 9901 | -€28,074 | -€69,250 | -€41,177 | -146.7% |
| Financial income | 75/76B | €459 | €0 | -€459 | -100.0% |
| Recurring financial income | 75 | €459 | €0 | -€459 | -100.0% |
| Financial charges | 65/66B | €48,650 | €189,247 | +€140,598 | +289.0% |
| Recurring financial charges | 65 | €48,650 | €46,567 | -€2,082 | -4.3% |
| Non-recurring financial charges | 66B | - | €142,680 | +€142,680 | |
| Profit (loss) for the period before taxes | 9903 | -€76,264 | -€258,497 | -€182,233 | -238.9% |
| Income taxes | 67/77 | €976 | €1,414 | +€439 | +45.0% |
| Profit (loss) for the period | 9904 | -€77,240 | -€259,911 | -€182,671 | -236.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€77,240 | -€259,911 | -€182,671 | -236.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.