WISHELF: 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.
WISHELF
Largest movements
- Cash +€61,859
up €61,859 (+118.7%), from €52,122 to €113,981
mainly Net result for the year (+€54,831) and Receivables within one year (+€23,815)
- Receivables within one year -€23,815
down €23,815 (-43.7%), from €54,542 to €30,727
of which Trade receivables: -€25,410
- Profit (loss) carried forward +€54,831
up €54,831 (+85.8%), from €63,919 to €118,750
- Tax, wage and social debts -€19,664
down €19,664 (-66.5%), from €29,587 to €9,923
- Contributions +€3,342
up €3,342 (+90.1%), from €3,708 to €7,050
- Trade debts -€1,998
down €1,998 (-40.6%), from €4,926 to €2,928
- Gross operating margin -€3,654
down €3,654 (-4.5%), from €81,084 to €77,430
- Depreciation +€1,151
up €1,151 (+173.0%), from €665 to €1,817
- Taxes -€998
down €998 (-4.9%), from €20,440 to €19,442
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 | €110,609 | €147,922 | +€37,313 | +33.7% |
| Fixed assets | 21/28 | €3,945 | €3,202 | -€743 | -18.8% |
| Tangible fixed assets | 22/27 | €3,890 | €3,147 | -€743 | -19.1% |
| Furniture and vehicles | 24 | €3,890 | €3,147 | -€743 | -19.1% |
| Financial fixed assets | 28 | €55 | €55 | = | 0.0% |
| Current assets | 29/58 | €106,664 | €144,720 | +€38,056 | +35.7% |
| Amounts receivable within one year | 40/41 | €54,542 | €30,727 | -€23,815 | -43.7% |
| Trade receivables | 40 | €54,450 | €29,040 | -€25,410 | -46.7% |
| Other amounts receivable | 41 | €92 | €1,687 | +€1,595 | +1735.2% |
| Cash at bank and in hand | 54/58 | €52,122 | €113,981 | +€61,859 | +118.7% |
| Deferred charges and accrued income | 490/1 | - | €12 | +€12 | |
| Total equity and liabilities | 10/49 | €110,609 | €147,922 | +€37,313 | +33.7% |
| Equity | 10/15 | €67,627 | €125,800 | +€58,173 | +86.0% |
| Contributions | 10/11 | €3,708 | €7,050 | +€3,342 | +90.1% |
| Profit (loss) carried forward | 14 | €63,919 | €118,750 | +€54,831 | +85.8% |
| Amounts payable | 17/49 | €42,982 | €22,122 | -€20,860 | -48.5% |
| Amounts payable within one year | 42/48 | €42,982 | €22,122 | -€20,860 | -48.5% |
| Trade debts | 44 | €4,926 | €2,928 | -€1,998 | -40.6% |
| Suppliers | 440/4 | €4,926 | €2,928 | -€1,998 | -40.6% |
| Taxes, remuneration and social security | 45 | €29,587 | €9,923 | -€19,664 | -66.5% |
| Taxes | 450/3 | €29,587 | €9,923 | -€19,664 | -66.5% |
| Other amounts payable | 47/48 | €8,470 | €9,271 | +€801 | +9.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €665 | €1,817 | +€1,151 | +173.0% |
| Other operating charges | 640/8 | €387 | €1,164 | +€777 | +200.5% |
| Gross operating margin | 9900 | €81,084 | €77,430 | -€3,654 | -4.5% |
| Operating profit (loss) | 9901 | €80,031 | €74,449 | -€5,582 | -7.0% |
| Financial charges | 65/66B | €99 | €176 | +€77 | +77.6% |
| Recurring financial charges | 65 | €99 | €176 | +€77 | +77.6% |
| Profit (loss) for the period before taxes | 9903 | €79,932 | €74,273 | -€5,659 | -7.1% |
| Income taxes | 67/77 | €20,440 | €19,442 | -€998 | -4.9% |
| Profit (loss) for the period | 9904 | €59,492 | €54,831 | -€4,661 | -7.8% |
| Profit (loss) for the period to be appropriated | 9905 | €59,492 | €54,831 | -€4,661 | -7.8% |
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 9 October 2026 via checked.be.