WIST: 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.
WIST
Largest movements
- Receivables within one year +€10,343
up €10,343 (+6.9%), from €150,869 to €161,213
of which Other amounts receivable: +€9,840
- Tangible fixed assets -€8,354
down €8,354 (-4.4%), from €188,006 to €179,652
of which Land and buildings: -€31,328
- Other debts +€49,897
up €49,897 (+40.7%), from €122,697 to €172,595
- Debts after one year -€31,371
down €31,371 (-53.8%), from €58,330 to €26,959
- Trade debts +€28,429
up €28,429 (+576.2%), from €4,934 to €33,362
- Profit (loss) carried forward -€27,837
down €27,837 (-71.7%), from -€38,825 to -€66,662
- Tax, wage and social debts -€20,108
down €20,108 (-61.0%), from €32,988 to €12,880
- Gross operating margin -€127,097
down €127,097 (-87.1%), from €145,868 to €18,770
- Other operating charges -€8,282
down €8,282 (-66.1%), from €12,531 to €4,249
- Financial charges -€4,587
down €4,587 (-47.1%), from €9,735 to €5,148
- Depreciation +€4,535
up €4,535 (+14.1%), from €32,275 to €36,810
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 | €341,723 | €345,509 | +€3,786 | +1.1% |
| Fixed assets | 21/28 | €188,006 | €179,752 | -€8,254 | -4.4% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €188,006 | €179,652 | -€8,354 | -4.4% |
| Land and buildings | 22 | €183,979 | €152,651 | -€31,328 | -17.0% |
| Furniture and vehicles | 24 | €4,027 | €27,001 | +€22,974 | +570.5% |
| Financial fixed assets | 28 | - | €100 | +€100 | |
| Current assets | 29/58 | €153,717 | €165,757 | +€12,039 | +7.8% |
| Amounts receivable within one year | 40/41 | €150,869 | €161,213 | +€10,343 | +6.9% |
| Trade receivables | 40 | €35,396 | €35,900 | +€504 | +1.4% |
| Other amounts receivable | 41 | €115,473 | €125,313 | +€9,840 | +8.5% |
| Cash at bank and in hand | 54/58 | €680 | €1,495 | +€815 | +119.7% |
| Deferred charges and accrued income | 490/1 | €2,168 | €3,049 | +€881 | +40.7% |
| Total equity and liabilities | 10/49 | €341,723 | €345,509 | +€3,786 | +1.1% |
| Equity | 10/15 | €71,864 | €44,027 | -€27,837 | -38.7% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €90,689 | €90,689 | = | 0.0% |
| Tax-exempt reserves | 132 | €93 | €93 | = | 0.0% |
| Distributable reserves | 133 | €90,596 | €90,596 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€38,825 | -€66,662 | -€27,837 | -71.7% |
| Amounts payable | 17/49 | €269,860 | €301,482 | +€31,623 | +11.7% |
| Amounts payable after more than one year | 17 | €58,330 | €26,959 | -€31,371 | -53.8% |
| Financial debts | 170/4 | €58,330 | €26,959 | -€31,371 | -53.8% |
| Amounts payable within one year | 42/48 | €209,794 | €272,861 | +€63,067 | +30.1% |
| Current portion of amounts payable after more than one year | 42 | €49,175 | €54,024 | +€4,849 | +9.9% |
| Trade debts | 44 | €4,934 | €33,362 | +€28,429 | +576.2% |
| Suppliers | 440/4 | €4,934 | €33,362 | +€28,429 | +576.2% |
| Taxes, remuneration and social security | 45 | €32,988 | €12,880 | -€20,108 | -61.0% |
| Taxes | 450/3 | €32,988 | €12,880 | -€20,108 | -61.0% |
| Other amounts payable | 47/48 | €122,697 | €172,595 | +€49,897 | +40.7% |
| Accrued charges and deferred income | 492/3 | €1,736 | €1,663 | -€73 | -4.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,275 | €36,810 | +€4,535 | +14.1% |
| Other operating charges | 640/8 | €12,531 | €4,249 | -€8,282 | -66.1% |
| Gross operating margin | 9900 | €145,868 | €18,770 | -€127,097 | -87.1% |
| Operating profit (loss) | 9901 | €101,062 | -€22,289 | -€123,350 | |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €9,735 | €5,148 | -€4,587 | -47.1% |
| Recurring financial charges | 65 | €9,735 | €5,148 | -€4,587 | -47.1% |
| Profit (loss) for the period before taxes | 9903 | €91,326 | -€27,437 | -€118,763 | |
| Income taxes | 67/77 | €440 | €400 | -€40 | -9.1% |
| Profit (loss) for the period | 9904 | €90,886 | -€27,837 | -€118,723 | |
| Profit (loss) for the period to be appropriated | 9905 | €90,886 | -€27,837 | -€118,723 |
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 3 October 2026 via checked.be.