Wise Work: 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 Work
Largest movements
- Financial fixed assets -€39,000
down €39,000 (-99.5%), from €39,180 to €180
- Cash +€34,437
up €34,437 (+22.2%), from €154,915 to €189,353
mainly Investment in fixed assets (net) (+€38,400) and Net result for the year (+€20,726)
- Tangible fixed assets -€12,389
down €12,389 (-15.7%), from €78,709 to €66,320
of which Furniture and vehicles: -€7,760
- Receivables within one year -€3,473
down €3,473 (-28.6%), from €12,128 to €8,655
of which Trade receivables: -€3,458
- Reserves +€20,726
up €20,726 (+11.3%), from €183,288 to €204,014
- Other debts -€20,693
down €20,693 (-99.3%), from €20,835 to €141
- Debts after one year -€9,252
down €9,252 (-66.4%), from €13,935 to €4,683
- Current portion of long-term debt -€5,480
down €5,480 (-37.2%), from €14,732 to €9,252
- Tax, wage and social debts -€3,234
down €3,234 (-16.5%), from €19,591 to €16,357
of which Taxes: -€3,234
- Gross operating margin -€12,968
down €12,968 (-16.4%), from €79,088 to €66,120
- Financial charges +€12,533
up €12,533 (+1648.6%), from €760 to €13,293
of which Non-recurring financial charges: +€12,696
- Taxes -€2,611
down €2,611 (-13.6%), from €19,244 to €16,633
- Depreciation +€1,369
up €1,369 (+11.8%), from €11,620 to €12,989
- Other operating charges +€948
up €948 (+61.9%), from €1,532 to €2,480
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 | €284,932 | €264,507 | -€20,425 | -7.2% |
| Fixed assets | 21/28 | €117,889 | €66,500 | -€51,389 | -43.6% |
| Tangible fixed assets | 22/27 | €78,709 | €66,320 | -€12,389 | -15.7% |
| Land and buildings | 22 | €58,551 | €53,922 | -€4,629 | -7.9% |
| Furniture and vehicles | 24 | €20,158 | €12,398 | -€7,760 | -38.5% |
| Financial fixed assets | 28 | €39,180 | €180 | -€39,000 | -99.5% |
| Current assets | 29/58 | €167,043 | €198,007 | +€30,965 | +18.5% |
| Amounts receivable within one year | 40/41 | €12,128 | €8,655 | -€3,473 | -28.6% |
| Trade receivables | 40 | €12,113 | €8,655 | -€3,458 | -28.5% |
| Other amounts receivable | 41 | €15 | €0 | -€15 | -100.0% |
| Cash at bank and in hand | 54/58 | €154,915 | €189,353 | +€34,437 | +22.2% |
| Total equity and liabilities | 10/49 | €284,932 | €264,507 | -€20,425 | -7.2% |
| Equity | 10/15 | €195,992 | €216,718 | +€20,726 | +10.6% |
| Contributions | 10/11 | €12,500 | €12,500 | = | 0.0% |
| Reserves | 13 | €183,288 | €204,014 | +€20,726 | +11.3% |
| Distributable reserves | 133 | €183,288 | €204,014 | +€20,726 | +11.3% |
| Profit (loss) carried forward | 14 | €204 | €204 | = | 0.0% |
| Amounts payable | 17/49 | €88,940 | €47,789 | -€41,151 | -46.3% |
| Amounts payable after more than one year | 17 | €13,935 | €4,683 | -€9,252 | -66.4% |
| Financial debts | 170/4 | €13,935 | €4,683 | -€9,252 | -66.4% |
| Amounts payable within one year | 42/48 | €75,005 | €42,923 | -€32,082 | -42.8% |
| Current portion of amounts payable after more than one year | 42 | €14,732 | €9,252 | -€5,480 | -37.2% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €19,848 | €17,174 | -€2,674 | -13.5% |
| Suppliers | 440/4 | €19,848 | €17,174 | -€2,674 | -13.5% |
| Taxes, remuneration and social security | 45 | €19,591 | €16,357 | -€3,234 | -16.5% |
| Taxes | 450/3 | €19,591 | €16,357 | -€3,234 | -16.5% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €20,835 | €141 | -€20,693 | -99.3% |
| Accrued charges and deferred income | 492/3 | - | €183 | +€183 | |
| Non-recurring operating income | 76A | €12,278 | €0 | -€12,278 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,620 | €12,989 | +€1,369 | +11.8% |
| Other operating charges | 640/8 | €1,532 | €2,480 | +€948 | +61.9% |
| Gross operating margin | 9900 | €79,088 | €66,120 | -€12,968 | -16.4% |
| Operating profit (loss) | 9901 | €65,936 | €50,651 | -€15,285 | -23.2% |
| Financial income | 75/76B | €8 | €1 | -€8 | -92.8% |
| Recurring financial income | 75 | €8 | €1 | -€8 | -92.8% |
| Financial charges | 65/66B | €760 | €13,293 | +€12,533 | +1648.6% |
| Recurring financial charges | 65 | €760 | €597 | -€163 | -21.5% |
| Non-recurring financial charges | 66B | - | €12,696 | +€12,696 | |
| Profit (loss) for the period before taxes | 9903 | €65,184 | €37,359 | -€27,825 | -42.7% |
| Income taxes | 67/77 | €19,244 | €16,633 | -€2,611 | -13.6% |
| Profit (loss) for the period | 9904 | €45,940 | €20,726 | -€25,214 | -54.9% |
| Profit (loss) for the period to be appropriated | 9905 | €45,940 | €20,726 | -€25,214 | -54.9% |
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 6 October 2026 via checked.be.