WISPER: 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.
WISPER
Largest movements
- Current investments -€200,000
down €200,000 (-99.5%), from €201,000 to €1,000
- Cash -€197,529
down €197,529 (-23.0%), from €857,940 to €660,411
mainly Net result for the year (-€275,854) and Investment in fixed assets (net) (-€139,967)
- Financial fixed assets +€120,000
up €120,000 (+26.4%), from €454,530 to €574,530
- Receivables within one year +€32,907
up €32,907 (+11.4%), from €287,553 to €320,460
of which Trade receivables: +€51,828
- Profit (loss) carried forward -€275,854
down €275,854 (-73.2%), from €376,815 to €100,961
- Debts within one year +€34,464
up €34,464 (+9.3%), from €369,779 to €404,243
of which Tax, wage and social debts: +€55,292
- Accrued charges and deferred income -€26,239
down €26,239 (-8.5%), from €310,439 to €284,200
- Staff costs +€139,529
up €139,529 (+9.8%), from €1.4m to €1.6m
- Gross operating margin +€98,835
up €98,835 (+7.9%), from €1.3m to €1.4m
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 | €1,872,485 | €1,604,856 | -€267,629 | -14.3% |
| Fixed assets | 21/28 | €517,329 | €619,126 | +€101,797 | +19.7% |
| Tangible fixed assets | 22/27 | €62,799 | €44,596 | -€18,203 | -29.0% |
| Plant, machinery and equipment | 23 | €14,407 | €18,375 | +€3,968 | +27.5% |
| Furniture and vehicles | 24 | €3,925 | €2,111 | -€1,814 | -46.2% |
| Other tangible fixed assets | 26 | €44,467 | €24,110 | -€20,357 | -45.8% |
| Financial fixed assets | 28 | €454,530 | €574,530 | +€120,000 | +26.4% |
| Current assets | 29/58 | €1,355,156 | €985,730 | -€369,426 | -27.3% |
| Amounts receivable within one year | 40/41 | €287,553 | €320,460 | +€32,907 | +11.4% |
| Trade receivables | 40 | €139,978 | €191,806 | +€51,828 | +37.0% |
| Other amounts receivable | 41 | €147,575 | €128,654 | -€18,921 | -12.8% |
| Current investments | 50/53 | €201,000 | €1,000 | -€200,000 | -99.5% |
| Cash at bank and in hand | 54/58 | €857,940 | €660,411 | -€197,529 | -23.0% |
| Deferred charges and accrued income | 490/1 | €8,663 | €3,859 | -€4,804 | -55.5% |
| Total equity and liabilities | 10/49 | €1,872,485 | €1,604,856 | -€267,629 | -14.3% |
| Equity | 10/15 | €1,192,267 | €916,413 | -€275,854 | -23.1% |
| Contributions | 10/11 | €53,545 | €53,545 | = | 0.0% |
| Capital | 10 | €53,545 | €53,545 | = | 0.0% |
| Reserves | 13 | €761,907 | €761,907 | = | 0.0% |
| Profit (loss) carried forward | 14 | €376,815 | €100,961 | -€275,854 | -73.2% |
| Amounts payable | 17/49 | €680,218 | €688,443 | +€8,225 | +1.2% |
| Amounts payable within one year | 42/48 | €369,779 | €404,243 | +€34,464 | +9.3% |
| Trade debts | 44 | €132,611 | €115,086 | -€17,525 | -13.2% |
| Suppliers | 440/4 | €132,611 | €115,086 | -€17,525 | -13.2% |
| Taxes, remuneration and social security | 45 | €233,571 | €288,863 | +€55,292 | +23.7% |
| Taxes | 450/3 | €35,336 | €54,439 | +€19,103 | +54.1% |
| Remuneration and social security | 454/9 | €198,235 | €234,424 | +€36,189 | +18.3% |
| Accrued charges and deferred income | 492/3 | €310,439 | €284,200 | -€26,239 | -8.5% |
| Non-recurring operating income | 76A | €7,141 | €1,630 | -€5,511 | -77.2% |
| Remuneration, social security and pensions | 62 | €1,418,736 | €1,558,265 | +€139,529 | +9.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,327 | €38,170 | +€2,843 | +8.0% |
| Other operating charges | 640/8 | €8,451 | €14,134 | +€5,683 | +67.2% |
| Non-recurring operating charges | 66A | - | €26,369 | +€26,369 | |
| Gross operating margin | 9900 | €1,255,153 | €1,353,988 | +€98,835 | +7.9% |
| Operating profit (loss) | 9901 | -€207,361 | -€282,950 | -€75,589 | -36.5% |
| Financial income | 75/76B | €13,829 | €7,544 | -€6,285 | -45.4% |
| Recurring financial income | 75 | €13,829 | €7,544 | -€6,285 | -45.4% |
| Financial charges | 65/66B | €571 | €448 | -€123 | -21.5% |
| Recurring financial charges | 65 | €571 | €448 | -€123 | -21.5% |
| Profit (loss) for the period before taxes | 9903 | -€194,103 | -€275,854 | -€81,751 | -42.1% |
| Income taxes | 67/77 | €2,458 | - | -€2,458 | |
| Profit (loss) for the period | 9904 | -€196,561 | -€275,854 | -€79,293 | -40.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€196,561 | -€275,854 | -€79,293 | -40.3% |
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 8 October 2026 via checked.be.