WISPEX BE: 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.
WISPEX BE
Largest movements
- Receivables within one year +€352,329
up €352,329 (+80.4%), from €438,089 to €790,418
of which Other amounts receivable: +€219,679
- Cash +€167,109
up €167,109 (+152.4%), from €109,642 to €276,751
mainly Other debts (+€584,356) and Deferred charges and accrued income (+€137,820)
- Deferred charges and accrued income -€137,820
down €137,820 (-99.5%), from €138,481 to €661
- Tangible fixed assets +€17,653
up €17,653 (+55.9%), from €31,590 to €49,244
- Other debts +€584,356
up €584,356 (+603.7%), from €96,802 to €681,157
- Trade debts -€96,874
down €96,874 (-51.7%), from €187,342 to €90,468
- Tax, wage and social debts -€65,832
down €65,832 (-69.4%), from €94,817 to €28,985
of which Taxes: -€73,052
- Reserves -€26,425
down €26,425 (-8.0%), from €331,606 to €305,181
of which Distributable reserves: -€26,425
- Staff costs +€459,221
up €459,221 (+245.8%), from €186,804 to €646,025
- Gross operating margin +€198,582
up €198,582 (+43.1%), from €461,201 to €659,783
- Taxes -€56,153
down €56,153 (-75.1%), from €74,802 to €18,650
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 | €729,168 | €1,128,440 | +€399,271 | +54.8% |
| Fixed assets | 21/28 | €42,957 | €60,610 | +€17,653 | +41.1% |
| Tangible fixed assets | 22/27 | €31,590 | €49,244 | +€17,653 | +55.9% |
| Furniture and vehicles | 24 | €31,590 | €49,244 | +€17,653 | +55.9% |
| Financial fixed assets | 28 | €11,367 | €11,367 | = | 0.0% |
| Current assets | 29/58 | €686,211 | €1,067,829 | +€381,618 | +55.6% |
| Amounts receivable within one year | 40/41 | €438,089 | €790,418 | +€352,329 | +80.4% |
| Trade receivables | 40 | €412,040 | €544,689 | +€132,650 | +32.2% |
| Other amounts receivable | 41 | €26,049 | €245,729 | +€219,679 | +843.3% |
| Cash at bank and in hand | 54/58 | €109,642 | €276,751 | +€167,109 | +152.4% |
| Deferred charges and accrued income | 490/1 | €138,481 | €661 | -€137,820 | -99.5% |
| Total equity and liabilities | 10/49 | €729,168 | €1,128,440 | +€399,271 | +54.8% |
| Equity | 10/15 | €350,207 | €323,782 | -€26,425 | -7.5% |
| Contributions | 10/11 | €18,601 | €18,601 | = | 0.0% |
| Reserves | 13 | €331,606 | €305,181 | -€26,425 | -8.0% |
| 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 | €329,746 | €303,321 | -€26,425 | -8.0% |
| Amounts payable | 17/49 | €378,961 | €804,658 | +€425,696 | +112.3% |
| Amounts payable within one year | 42/48 | €378,961 | €800,611 | +€421,650 | +111.3% |
| Trade debts | 44 | €187,342 | €90,468 | -€96,874 | -51.7% |
| Suppliers | 440/4 | €187,342 | €90,468 | -€96,874 | -51.7% |
| Taxes, remuneration and social security | 45 | €94,817 | €28,985 | -€65,832 | -69.4% |
| Taxes | 450/3 | €74,712 | €1,659 | -€73,052 | -97.8% |
| Remuneration and social security | 454/9 | €20,106 | €27,326 | +€7,220 | +35.9% |
| Other amounts payable | 47/48 | €96,802 | €681,157 | +€584,356 | +603.7% |
| Accrued charges and deferred income | 492/3 | - | €4,047 | +€4,047 | |
| Remuneration, social security and pensions | 62 | €186,804 | €646,025 | +€459,221 | +245.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €916 | €7,050 | +€6,134 | +670.1% |
| Other operating charges | 640/8 | €13,757 | €14,457 | +€700 | +5.1% |
| Gross operating margin | 9900 | €461,201 | €659,783 | +€198,582 | +43.1% |
| Operating profit (loss) | 9901 | €259,725 | -€7,749 | -€267,474 | |
| Financial income | 75/76B | €95 | €0 | -€95 | -100.0% |
| Recurring financial income | 75 | €95 | €0 | -€95 | -100.0% |
| Financial charges | 65/66B | €29 | €26 | -€3 | -11.5% |
| Recurring financial charges | 65 | €29 | €26 | -€3 | -11.5% |
| Profit (loss) for the period before taxes | 9903 | €259,790 | -€7,775 | -€267,565 | |
| Income taxes | 67/77 | €74,802 | €18,650 | -€56,153 | -75.1% |
| Profit (loss) for the period | 9904 | €184,988 | -€26,425 | -€211,413 | |
| Profit (loss) for the period to be appropriated | 9905 | €184,988 | -€26,425 | -€211,413 |
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 11 October 2026 via checked.be.