WISELECT: 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.
WISELECT
Largest movements
- Cash -€28,941
down €28,941 (-21.2%), from €136,269 to €107,329
mainly Contributions, distributions and other (-€75,000) and Trade debts (-€30,252)
- Tangible fixed assets -€3,151
down €3,151 (-21.9%), from €14,384 to €11,233
of which Other tangible fixed assets: -€1,839
- Trade debts -€30,252
down €30,252 (-49.9%), from €60,671 to €30,419
of which Suppliers: -€37,328
- Tax, wage and social debts +€11,842
up €11,842 (+15.9%), from €74,301 to €86,144
of which Remuneration and social security: +€18,664
- Accrued charges and deferred income -€10,368
no longer reported in 2025 (was €10,368)
- Other debts -€2,776
down €2,776 (-79.0%), from €3,512 to €736
- Staff costs +€84,476
up €84,476 (+210%), from €40,180 to €124,656
- Gross operating margin +€78,947
up €78,947 (+50.8%), from €155,258 to €234,205
- Other operating charges -€3,653
down €3,653 (-75.2%), from €4,855 to €1,202
- Financial charges +€2,944
up €2,944 (+102%), from €2,890 to €5,834
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.
Derived cash bridge
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 | €153,653 | €121,561 | -€32,092 | -20.9% |
| Fixed assets | 21/28 | €17,384 | €14,233 | -€3,151 | -18.1% |
| Tangible fixed assets | 22/27 | €14,384 | €11,233 | -€3,151 | -21.9% |
| Land and buildings | 22 | €2,706 | €2,290 | -€416 | -15.4% |
| Plant, machinery and equipment | 23 | €811 | €406 | -€406 | -50.0% |
| Furniture and vehicles | 24 | €1,880 | €1,389 | -€491 | -26.1% |
| Other tangible fixed assets | 26 | €8,987 | €7,148 | -€1,839 | -20.5% |
| Financial fixed assets | 28 | €3,000 | €3,000 | = | 0.0% |
| Current assets | 29/58 | €136,269 | €107,329 | -€28,941 | -21.2% |
| Cash at bank and in hand | 54/58 | €136,269 | €107,329 | -€28,941 | -21.2% |
| Total equity and liabilities | 10/49 | €153,653 | €121,561 | -€32,092 | -20.9% |
| Equity | 10/15 | €4,801 | €4,262 | -€539 | -11.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,801 | €1,262 | -€539 | -29.9% |
| Amounts payable | 17/49 | €148,852 | €117,299 | -€31,553 | -21.2% |
| Amounts payable within one year | 42/48 | €138,485 | €117,299 | -€21,186 | -15.3% |
| Trade debts | 44 | €60,671 | €30,419 | -€30,252 | -49.9% |
| Suppliers | 440/4 | €44,720 | €7,392 | -€37,328 | -83.5% |
| Bills of exchange payable | 441 | €15,951 | €23,027 | +€7,076 | +44.4% |
| Taxes, remuneration and social security | 45 | €74,301 | €86,144 | +€11,842 | +15.9% |
| Taxes | 450/3 | €71,101 | €64,279 | -€6,822 | -9.6% |
| Remuneration and social security | 454/9 | €3,200 | €21,864 | +€18,664 | +583% |
| Other amounts payable | 47/48 | €3,512 | €736 | -€2,776 | -79.0% |
| Accrued charges and deferred income | 492/3 | €10,368 | - | -€10,368 | |
| Remuneration, social security and pensions | 62 | €40,180 | €124,656 | +€84,476 | +210% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,887 | €3,151 | +€265 | +9.2% |
| Other operating charges | 640/8 | €4,855 | €1,202 | -€3,653 | -75.2% |
| Gross operating margin | 9900 | €155,258 | €234,205 | +€78,947 | +50.8% |
| Operating profit (loss) | 9901 | €107,336 | €105,195 | -€2,141 | -2.0% |
| Financial income | 75/76B | €406 | - | -€406 | |
| Recurring financial income | 75 | €406 | - | -€406 | |
| Financial charges | 65/66B | €2,890 | €5,834 | +€2,944 | +102% |
| Recurring financial charges | 65 | €2,890 | €5,834 | +€2,944 | +102% |
| Profit (loss) for the period before taxes | 9903 | €104,852 | €99,361 | -€5,491 | -5.2% |
| Income taxes | 67/77 | €26,500 | €24,900 | -€1,600 | -6.0% |
| Profit (loss) for the period | 9904 | €78,352 | €74,461 | -€3,891 | -5.0% |
| Profit (loss) for the period to be appropriated | 9905 | €78,352 | €74,461 | -€3,891 | -5.0% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.