WISER HARE: 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.
WISER HARE
Largest movements
- Receivables within one year +€48,335
up €48,335 (+368%), from €13,134 to €61,468
of which Trade receivables: +€52,897
- Cash +€8,321
up €8,321 (+23.0%), from €36,233 to €44,554
mainly Other debts (+€103,480) and Tax, wage and social debts (+€22,240)
- Current investments +€6,358
up €6,358 (+13.1%), from €48,424 to €54,782
- Tangible fixed assets +€3,820
up €3,820 (+108%), from €3,551 to €7,372
- Other debts +€103,480
new in 2025: €103,480
- Profit (loss) carried forward -€56,786
no longer reported in 2025 (was €56,786)
- Tax, wage and social debts +€22,240
up €22,240 (+10,662%), from €209 to €22,449
- Trade debts -€2,100
down €2,100 (-75.4%), from €2,786 to €686
- Gross operating margin +€95,616
up €95,616, from -€71,092 to €24,525
- Depreciation -€4,022
down €4,022 (-55.2%), from €7,287 to €3,265
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 | €101,342 | €168,176 | +€66,834 | +65.9% |
| Fixed assets | 21/28 | €3,551 | €7,372 | +€3,820 | +108% |
| Tangible fixed assets | 22/27 | €3,551 | €7,372 | +€3,820 | +108% |
| Furniture and vehicles | 24 | €3,551 | €7,372 | +€3,820 | +108% |
| Current assets | 29/58 | €97,791 | €160,805 | +€63,014 | +64.4% |
| Amounts receivable within one year | 40/41 | €13,134 | €61,468 | +€48,335 | +368% |
| Trade receivables | 40 | - | €52,897 | +€52,897 | |
| Other amounts receivable | 41 | €13,134 | €8,571 | -€4,563 | -34.7% |
| Current investments | 50/53 | €48,424 | €54,782 | +€6,358 | +13.1% |
| Cash at bank and in hand | 54/58 | €36,233 | €44,554 | +€8,321 | +23.0% |
| Total equity and liabilities | 10/49 | €101,342 | €168,176 | +€66,834 | +65.9% |
| Equity | 10/15 | €98,347 | €41,562 | -€56,786 | -57.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €22,962 | €22,962 | = | 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% |
| Distributable reserves | 133 | €21,102 | €21,102 | = | 0.0% |
| Profit (loss) carried forward | 14 | €56,786 | - | -€56,786 | |
| Amounts payable | 17/49 | €2,995 | €126,615 | +€123,620 | +4,128% |
| Amounts payable within one year | 42/48 | €2,995 | €126,615 | +€123,620 | +4,128% |
| Trade debts | 44 | €2,786 | €686 | -€2,100 | -75.4% |
| Suppliers | 440/4 | €2,786 | €686 | -€2,100 | -75.4% |
| Taxes, remuneration and social security | 45 | €209 | €22,449 | +€22,240 | +10,662% |
| Taxes | 450/3 | €209 | €22,449 | +€22,240 | +10,662% |
| Other amounts payable | 47/48 | - | €103,480 | +€103,480 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,287 | €3,265 | -€4,022 | -55.2% |
| Other operating charges | 640/8 | €899 | €928 | +€30 | +3.3% |
| Gross operating margin | 9900 | -€71,092 | €24,525 | +€95,616 | |
| Operating profit (loss) | 9901 | -€79,278 | €20,331 | +€99,609 | |
| Financial income | 75/76B | €291 | €423 | +€133 | +45.7% |
| Recurring financial income | 75 | €291 | €423 | +€133 | +45.7% |
| Financial charges | 65/66B | €107 | €121 | +€13 | +12.6% |
| Recurring financial charges | 65 | €107 | €121 | +€13 | +12.6% |
| Profit (loss) for the period before taxes | 9903 | -€79,094 | €20,634 | +€99,728 | |
| Income taxes | 67/77 | €242 | €255 | +€13 | +5.3% |
| Profit (loss) for the period | 9904 | -€79,336 | €20,379 | +€99,715 | |
| Profit (loss) for the period to be appropriated | 9905 | -€79,336 | €20,379 | +€99,715 |
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 31 October 2026 via checked.be.