WISE. Energy: 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.
WISE. Energy
Largest movements
- Receivables within one year +€154,507
up €154,507 (+6888.1%), from €2,243 to €156,750
of which Trade receivables: +€139,990
- Deferred charges and accrued income -€70,346
down €70,346 (-98.0%), from €71,797 to €1,451
- Intangible fixed assets +€68,913
up €68,913 (+4956.3%), from €1,390 to €70,303
- Cash +€60,704
up €60,704 (+904.7%), from €6,710 to €67,414
mainly Debts after one year (+€96,610) and Deferred charges and accrued income (+€70,346)
- Debts after one year +€96,610
up €96,610 (+710.6%), from €13,595 to €110,205
of which Financial debts: +€110,205
- Trade debts +€36,327
up €36,327 (+2200.0%), from €1,651 to €37,979
- Tax, wage and social debts +€35,586
up €35,586 (+319.5%), from €11,138 to €46,723
of which Taxes: +€32,186
- Profit (loss) carried forward +€35,126
up €35,126 (+89.4%), from €39,288 to €74,414
- Current portion of long-term debt +€29,161
new in 2025: €29,161
- Staff costs +€34,391
new in 2025: €34,391
- Other operating charges -€24,303
down €24,303 (-100.0%), from €24,313 to €10
- Depreciation +€13,777
up €13,777 (+1055.9%), from €1,305 to €15,081
- Gross operating margin -€3,296
down €3,296 (-3.2%), from €102,518 to €99,222
- Financial charges +€2,927
up €2,927 (+162.0%), from €1,807 to €4,734
of which Financial charges: +€2,927
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 | €92,359 | €305,482 | +€213,123 | +230.8% |
| Fixed assets | 21/28 | €11,609 | €79,867 | +€68,258 | +588.0% |
| Intangible fixed assets | 21 | €1,390 | €70,303 | +€68,913 | +4956.3% |
| Tangible fixed assets | 22/27 | €10,219 | €9,064 | -€1,155 | -11.3% |
| Plant, machinery and equipment | 23 | €10,219 | €9,064 | -€1,155 | -11.3% |
| Financial fixed assets | 28 | - | €500 | +€500 | |
| Current assets | 29/58 | €80,750 | €225,615 | +€144,865 | +179.4% |
| Amounts receivable within one year | 40/41 | €2,243 | €156,750 | +€154,507 | +6888.1% |
| Trade receivables | 40 | €1,873 | €141,863 | +€139,990 | +7475.9% |
| Other amounts receivable | 41 | €371 | €14,888 | +€14,517 | +3917.7% |
| Cash at bank and in hand | 54/58 | €6,710 | €67,414 | +€60,704 | +904.7% |
| Deferred charges and accrued income | 490/1 | €71,797 | €1,451 | -€70,346 | -98.0% |
| Total equity and liabilities | 10/49 | €92,359 | €305,482 | +€213,123 | +230.8% |
| Equity | 10/15 | €46,288 | €81,414 | +€35,126 | +75.9% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €39,288 | €74,414 | +€35,126 | +89.4% |
| Amounts payable | 17/49 | €46,071 | €224,068 | +€177,997 | +386.4% |
| Amounts payable after more than one year | 17 | €13,595 | €110,205 | +€96,610 | +710.6% |
| Financial debts | 170/4 | - | €110,205 | +€110,205 | |
| Other amounts payable | 178/9 | €13,595 | - | -€13,595 | |
| Amounts payable within one year | 42/48 | €29,832 | €113,863 | +€84,030 | +281.7% |
| Current portion of amounts payable after more than one year | 42 | - | €29,161 | +€29,161 | |
| Trade debts | 44 | €1,651 | €37,979 | +€36,327 | +2200.0% |
| Suppliers | 440/4 | €1,651 | €37,979 | +€36,327 | +2200.0% |
| Taxes, remuneration and social security | 45 | €11,138 | €46,723 | +€35,586 | +319.5% |
| Taxes | 450/3 | €10,698 | €42,883 | +€32,186 | +300.9% |
| Remuneration and social security | 454/9 | €440 | €3,840 | +€3,400 | +772.7% |
| Other amounts payable | 47/48 | €17,043 | - | -€17,043 | |
| Accrued charges and deferred income | 492/3 | €2,644 | - | -€2,644 | |
| Remuneration, social security and pensions | 62 | - | €34,391 | +€34,391 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,305 | €15,081 | +€13,777 | +1055.9% |
| Other operating charges | 640/8 | €24,313 | €10 | -€24,303 | -100.0% |
| Gross operating margin | 9900 | €102,518 | €99,222 | -€3,296 | -3.2% |
| Operating profit (loss) | 9901 | €76,900 | €49,741 | -€27,160 | -35.3% |
| Financial income | 75/76B | €1 | €127 | +€126 | +21784.5% |
| Recurring financial income | 75 | €1 | €127 | +€126 | +21784.5% |
| Financial charges | 65/66B | €1,807 | €4,734 | +€2,927 | +162.0% |
| Recurring financial charges | 65 | €1,807 | €4,734 | +€2,927 | +162.0% |
| Non-recurring financial charges | 66B | €0 | - | -€0 | |
| Profit (loss) for the period before taxes | 9903 | €75,094 | €45,133 | -€29,960 | -39.9% |
| Income taxes | 67/77 | €10,706 | €10,008 | -€699 | -6.5% |
| Profit (loss) for the period | 9904 | €64,387 | €35,126 | -€29,262 | -45.4% |
| Profit (loss) for the period to be appropriated | 9905 | €64,387 | €35,126 | -€29,262 | -45.4% |
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 11 October 2026 via checked.be.