WISER: 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.
WISER
Largest movements
- Stocks and contracts +€19,902
up €19,902 (+70.8%), from €28,111 to €48,012
- Deferred charges and accrued income +€15,080
up €15,080 (+740.3%), from €2,037 to €17,117
- Receivables within one year +€12,914
up €12,914 (+196.1%), from €6,586 to €19,500
of which Other amounts receivable: +€19,500
- Tangible fixed assets +€3,252
new in 2025: €3,252
- Cash +€1,746
up €1,746 (+56.2%), from €3,109 to €4,855
mainly Tax, wage and social debts (+€21,175) and Advances received (+€15,357)
- Tax, wage and social debts +€21,175
up €21,175 (+2884.3%), from €734 to €21,909
- Advances received +€15,357
up €15,357 (+506.5%), from €3,032 to €18,389
- Profit (loss) carried forward +€11,254
up €11,254, from -€3,472 to €7,782
- Short-term financial debts +€6,294
new in 2025: €6,294
- Other debts -€1,108
down €1,108 (-4.4%), from €25,210 to €24,102
- Gross operating margin +€9,997
up €9,997 (+451.0%), from €2,216 to €12,213
- Financial charges -€752
down €752 (-86.1%), from €873 to €121
- Depreciation +€637
new in 2025: €637
- Staff costs -€387
no longer reported in 2025 (was €387)
- Other operating charges +€209
new in 2025: €209
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 | €39,843 | €92,737 | +€52,894 | +132.8% |
| Fixed assets | 21/28 | - | €3,252 | +€3,252 | |
| Tangible fixed assets | 22/27 | - | €3,252 | +€3,252 | |
| Plant, machinery and equipment | 23 | - | €3,252 | +€3,252 | |
| Current assets | 29/58 | €39,843 | €89,485 | +€49,642 | +124.6% |
| Stocks and contracts in progress | 3 | €28,111 | €48,012 | +€19,902 | +70.8% |
| Stocks | 30/36 | €28,111 | €48,012 | +€19,902 | +70.8% |
| Amounts receivable within one year | 40/41 | €6,586 | €19,500 | +€12,914 | +196.1% |
| Trade receivables | 40 | €6,586 | - | -€6,586 | |
| Other amounts receivable | 41 | - | €19,500 | +€19,500 | |
| Cash at bank and in hand | 54/58 | €3,109 | €4,855 | +€1,746 | +56.2% |
| Deferred charges and accrued income | 490/1 | €2,037 | €17,117 | +€15,080 | +740.3% |
| Total equity and liabilities | 10/49 | €39,843 | €92,737 | +€52,894 | +132.8% |
| Equity | 10/15 | €10,788 | €22,042 | +€11,254 | +104.3% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Outside capital | 11 | €12,400 | - | -€12,400 | |
| Share premium | 1100/10 | €12,400 | - | -€12,400 | |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,472 | €7,782 | +€11,254 | |
| Amounts payable | 17/49 | €29,054 | €70,694 | +€41,640 | +143.3% |
| Amounts payable within one year | 42/48 | €29,054 | €70,694 | +€41,640 | +143.3% |
| Financial debts | 43 | - | €6,294 | +€6,294 | |
| Other loans | 439 | - | €6,294 | +€6,294 | |
| Trade debts | 44 | €78 | - | -€78 | |
| Suppliers | 440/4 | €78 | - | -€78 | |
| Advances received on contracts in progress | 46 | €3,032 | €18,389 | +€15,357 | +506.5% |
| Taxes, remuneration and social security | 45 | €734 | €21,909 | +€21,175 | +2884.3% |
| Taxes | 450/3 | €734 | €21,909 | +€21,175 | +2884.3% |
| Other amounts payable | 47/48 | €25,210 | €24,102 | -€1,108 | -4.4% |
| Remuneration, social security and pensions | 62 | €387 | - | -€387 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €637 | +€637 | |
| Other operating charges | 640/8 | - | €209 | +€209 | |
| Gross operating margin | 9900 | €2,216 | €12,213 | +€9,997 | +451.0% |
| Operating profit (loss) | 9901 | €1,829 | €11,367 | +€9,538 | +521.5% |
| Financial income | 75/76B | €1 | €8 | +€7 | +926.6% |
| Recurring financial income | 75 | €1 | €4 | +€3 | +381.0% |
| Non-recurring financial income | 76B | - | €4 | +€4 | |
| Financial charges | 65/66B | €873 | €121 | -€752 | -86.1% |
| Recurring financial charges | 65 | €873 | €121 | -€752 | -86.1% |
| Profit (loss) for the period before taxes | 9903 | €956 | €11,254 | +€10,298 | +1076.7% |
| Profit (loss) for the period | 9904 | €956 | €11,254 | +€10,298 | +1076.7% |
| Profit (loss) for the period to be appropriated | 9905 | €956 | €11,254 | +€10,298 | +1076.7% |
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 30 September 2026 via checked.be.