WISPE: 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.
WISPE
Largest movements
- Cash +€34,417
up €34,417 (+33.2%), from €103,571 to €137,988
mainly Net result for the year (+€30,660) and Other debts (+€15,061)
- Tangible fixed assets -€4,787
down €4,787 (-10.2%), from €47,120 to €42,332
of which Furniture and vehicles: -€6,591
- Receivables within one year +€4,532
up €4,532 (+15.4%), from €29,496 to €34,027
of which Trade receivables: +€6,709
- Other debts +€15,061
up €15,061 (+78.5%), from €19,183 to €34,244
- Reserves +€15,000
up €15,000 (+40.7%), from €36,860 to €51,860
of which Distributable reserves: +€15,000
- Tax, wage and social debts +€6,103
up €6,103 (+61.7%), from €9,894 to €15,997
- Trade debts -€2,463
down €2,463 (-32.6%), from €7,555 to €5,092
- Gross operating margin +€12,047
up €12,047 (+27.4%), from €44,026 to €56,073
- Taxes +€3,795
up €3,795 (+29.7%), from €12,768 to €16,563
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 | €181,154 | €215,515 | +€34,361 | +19.0% |
| Fixed assets | 21/28 | €47,620 | €42,832 | -€4,787 | -10.1% |
| Tangible fixed assets | 22/27 | €47,120 | €42,332 | -€4,787 | -10.2% |
| Plant, machinery and equipment | 23 | €3,136 | €3,259 | +€123 | +3.9% |
| Furniture and vehicles | 24 | €13,296 | €6,705 | -€6,591 | -49.6% |
| Other tangible fixed assets | 26 | €30,688 | €32,369 | +€1,681 | +5.5% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €133,534 | €172,682 | +€39,148 | +29.3% |
| Amounts receivable within one year | 40/41 | €29,496 | €34,027 | +€4,532 | +15.4% |
| Trade receivables | 40 | €27,319 | €34,027 | +€6,709 | +24.6% |
| Other amounts receivable | 41 | €2,177 | - | -€2,177 | |
| Cash at bank and in hand | 54/58 | €103,571 | €137,988 | +€34,417 | +33.2% |
| Deferred charges and accrued income | 490/1 | €468 | €668 | +€200 | +42.7% |
| Total equity and liabilities | 10/49 | €181,154 | €215,515 | +€34,361 | +19.0% |
| Equity | 10/15 | €144,522 | €160,182 | +€15,660 | +10.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €36,860 | €51,860 | +€15,000 | +40.7% |
| 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 | €35,000 | €50,000 | +€15,000 | +42.9% |
| Profit (loss) carried forward | 14 | €101,462 | €102,122 | +€660 | +0.7% |
| Amounts payable | 17/49 | €36,632 | €55,333 | +€18,701 | +51.1% |
| Amounts payable within one year | 42/48 | €36,632 | €55,333 | +€18,701 | +51.1% |
| Trade debts | 44 | €7,555 | €5,092 | -€2,463 | -32.6% |
| Suppliers | 440/4 | €7,555 | €5,092 | -€2,463 | -32.6% |
| Taxes, remuneration and social security | 45 | €9,894 | €15,997 | +€6,103 | +61.7% |
| Taxes | 450/3 | €9,894 | €15,997 | +€6,103 | +61.7% |
| Other amounts payable | 47/48 | €19,183 | €34,244 | +€15,061 | +78.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,953 | €8,002 | +€49 | +0.6% |
| Other operating charges | 640/8 | €1,377 | €1,341 | -€36 | -2.6% |
| Gross operating margin | 9900 | €44,026 | €56,073 | +€12,047 | +27.4% |
| Operating profit (loss) | 9901 | €34,696 | €46,730 | +€12,034 | +34.7% |
| Financial income | 75/76B | €370 | €578 | +€208 | +56.0% |
| Recurring financial income | 75 | €370 | €578 | +€208 | +56.0% |
| Financial charges | 65/66B | €82 | €84 | +€2 | +2.0% |
| Recurring financial charges | 65 | €82 | €84 | +€2 | +2.0% |
| Profit (loss) for the period before taxes | 9903 | €34,984 | €47,223 | +€12,239 | +35.0% |
| Income taxes | 67/77 | €12,768 | €16,563 | +€3,795 | +29.7% |
| Profit (loss) for the period | 9904 | €22,216 | €30,660 | +€8,444 | +38.0% |
| Profit (loss) for the period to be appropriated | 9905 | €22,216 | €30,660 | +€8,444 | +38.0% |
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 10 October 2026 via checked.be.