Wisedecor: 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.
Wisedecor
Largest movements
- Cash +€24,623
up €24,623 (+77.1%), from €31,955 to €56,578
mainly Net result for the year (+€20,543) and Receivables within one year (+€9,708)
- Receivables within one year -€9,708
down €9,708 (-71.1%), from €13,651 to €3,943
of which Trade receivables: -€9,003
- Tangible fixed assets +€5,366
up €5,366 (+32.9%), from €16,285 to €21,651
of which Plant, machinery and equipment: +€6,106
- Reserves +€20,543
up €20,543 (+99.2%), from €20,709 to €41,251
- Trade debts -€19,649
down €19,649 (-96.5%), from €20,368 to €719
- Debts after one year +€6,240
new in 2025: €6,240
- Tax, wage and social debts +€5,745
up €5,745 (+157.6%), from €3,646 to €9,391
- Other debts +€4,557
up €4,557 (+23.1%), from €19,716 to €24,273
- Gross operating margin +€16,104
up €16,104 (+85.4%), from €18,846 to €34,950
- Taxes +€3,482
up €3,482 (+207.3%), from €1,680 to €5,161
- Depreciation +€2,570
up €2,570 (+95.2%), from €2,700 to €5,270
- Financial charges -€778
down €778 (-26.3%), from €2,958 to €2,179
- Other operating charges +€678
up €678 (+51.9%), from €1,306 to €1,984
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 | €67,439 | €87,263 | +€19,824 | +29.4% |
| Fixed assets | 21/28 | €16,285 | €21,651 | +€5,366 | +32.9% |
| Tangible fixed assets | 22/27 | €16,285 | €21,651 | +€5,366 | +32.9% |
| Plant, machinery and equipment | 23 | €11,470 | €17,576 | +€6,106 | +53.2% |
| Furniture and vehicles | 24 | €4,815 | €4,076 | -€740 | -15.4% |
| Current assets | 29/58 | €51,154 | €65,612 | +€14,458 | +28.3% |
| Stocks and contracts in progress | 3 | €4,855 | €4,431 | -€425 | -8.7% |
| Stocks | 30/36 | €4,855 | €4,431 | -€425 | -8.7% |
| Amounts receivable within one year | 40/41 | €13,651 | €3,943 | -€9,708 | -71.1% |
| Trade receivables | 40 | €12,303 | €3,300 | -€9,003 | -73.2% |
| Other amounts receivable | 41 | €1,348 | €643 | -€704 | -52.3% |
| Cash at bank and in hand | 54/58 | €31,955 | €56,578 | +€24,623 | +77.1% |
| Deferred charges and accrued income | 490/1 | €692 | €659 | -€33 | -4.7% |
| Total equity and liabilities | 10/49 | €67,439 | €87,263 | +€19,824 | +29.4% |
| Equity | 10/15 | €23,709 | €44,251 | +€20,543 | +86.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €20,709 | €41,251 | +€20,543 | +99.2% |
| Distributable reserves | 133 | €20,709 | €41,251 | +€20,543 | +99.2% |
| Amounts payable | 17/49 | €43,730 | €43,012 | -€719 | -1.6% |
| Amounts payable after more than one year | 17 | - | €6,240 | +€6,240 | |
| Financial debts | 170/4 | - | €6,240 | +€6,240 | |
| Amounts payable within one year | 42/48 | €43,730 | €36,771 | -€6,959 | -15.9% |
| Current portion of amounts payable after more than one year | 42 | - | €2,388 | +€2,388 | |
| Trade debts | 44 | €20,368 | €719 | -€19,649 | -96.5% |
| Suppliers | 440/4 | €20,368 | €719 | -€19,649 | -96.5% |
| Taxes, remuneration and social security | 45 | €3,646 | €9,391 | +€5,745 | +157.6% |
| Taxes | 450/3 | €3,646 | €9,391 | +€5,745 | +157.6% |
| Other amounts payable | 47/48 | €19,716 | €24,273 | +€4,557 | +23.1% |
| Non-recurring operating income | 76A | €7,712 | - | -€7,712 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,700 | €5,270 | +€2,570 | +95.2% |
| Other operating charges | 640/8 | €1,306 | €1,984 | +€678 | +51.9% |
| Non-recurring operating charges | 66A | €3,256 | - | -€3,256 | |
| Gross operating margin | 9900 | €18,846 | €34,950 | +€16,104 | +85.4% |
| Operating profit (loss) | 9901 | €11,584 | €27,695 | +€16,112 | +139.1% |
| Financial income | 75/76B | €184 | €188 | +€4 | +2.0% |
| Recurring financial income | 75 | €184 | €188 | +€4 | +2.0% |
| Financial charges | 65/66B | €2,958 | €2,179 | -€778 | -26.3% |
| Recurring financial charges | 65 | €2,958 | €2,179 | -€778 | -26.3% |
| Profit (loss) for the period before taxes | 9903 | €8,810 | €25,704 | +€16,893 | +191.7% |
| Income taxes | 67/77 | €1,680 | €5,161 | +€3,482 | +207.3% |
| Profit (loss) for the period | 9904 | €7,131 | €20,543 | +€13,412 | +188.1% |
| Profit (loss) for the period to be appropriated | 9905 | €7,131 | €20,543 | +€13,412 | +188.1% |
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.