WISTEV: 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.
WISTEV
Largest movements
- Current investments -€18,644
down €18,644 (-8.1%), from €230,000 to €211,356
- Receivables within one year +€12,886
up €12,886 (+34.8%), from €37,023 to €49,909
- Cash -€11,623
down €11,623 (-83.3%), from €13,960 to €2,337
mainly Current portion of long-term debt (-€32,265) and Receivables within one year (-€12,886)
- Tangible fixed assets -€11,100
down €11,100 (-52.9%), from €20,984 to €9,884
- Current portion of long-term debt -€32,265
down €32,265 (-100.0%), from €32,265 to €0
- Profit (loss) carried forward +€14,497
up €14,497, from -€14,497 to €0
- Reserves -€14,329
down €14,329 (-5.0%), from €284,347 to €270,018
- Gross operating margin -€8,750
down €8,750 (-59.8%), from €14,640 to €5,890
- Financial income +€7,856
up €7,856 (+381.0%), from €2,062 to €9,917
of which Financial income: +€4,154
- Financial charges -€1,970
down €1,970 (-70.1%), from €2,810 to €840
- Taxes +€1,137
up €1,137 (+81.4%), from €1,397 to €2,534
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 | €1,053,635 | €1,023,487 | -€30,148 | -2.9% |
| Fixed assets | 21/28 | €770,984 | €759,884 | -€11,100 | -1.4% |
| Tangible fixed assets | 22/27 | €20,984 | €9,884 | -€11,100 | -52.9% |
| Furniture and vehicles | 24 | €20,984 | €9,884 | -€11,100 | -52.9% |
| Financial fixed assets | 28 | €750,000 | €750,000 | = | 0.0% |
| Current assets | 29/58 | €282,651 | €263,603 | -€19,048 | -6.7% |
| Amounts receivable within one year | 40/41 | €37,023 | €49,909 | +€12,886 | +34.8% |
| Other amounts receivable | 41 | €37,023 | €49,909 | +€12,886 | +34.8% |
| Current investments | 50/53 | €230,000 | €211,356 | -€18,644 | -8.1% |
| Cash at bank and in hand | 54/58 | €13,960 | €2,337 | -€11,623 | -83.3% |
| Deferred charges and accrued income | 490/1 | €1,668 | €0 | -€1,668 | -100.0% |
| Total equity and liabilities | 10/49 | €1,053,635 | €1,023,487 | -€30,148 | -2.9% |
| Equity | 10/15 | €1,019,850 | €1,020,018 | +€168 | 0.0% |
| Contributions | 10/11 | €750,000 | €750,000 | = | 0.0% |
| Reserves | 13 | €284,347 | €270,018 | -€14,329 | -5.0% |
| Distributable reserves | 133 | €284,347 | €270,018 | -€14,329 | -5.0% |
| Profit (loss) carried forward | 14 | -€14,497 | €0 | +€14,497 | |
| Amounts payable | 17/49 | €33,785 | €3,468 | -€30,316 | -89.7% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €33,785 | €3,468 | -€30,316 | -89.7% |
| Current portion of amounts payable after more than one year | 42 | €32,265 | €0 | -€32,265 | -100.0% |
| Trade debts | 44 | €180 | €733 | +€553 | +307.2% |
| Suppliers | 440/4 | €180 | €733 | +€553 | +307.2% |
| Taxes, remuneration and social security | 45 | €1,340 | €2,735 | +€1,395 | +104.2% |
| Taxes | 450/3 | €1,340 | €2,735 | +€1,395 | +104.2% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,100 | €11,100 | = | 0.0% |
| Other operating charges | 640/8 | €1,035 | €1,165 | +€131 | +12.7% |
| Gross operating margin | 9900 | €14,640 | €5,890 | -€8,750 | -59.8% |
| Operating profit (loss) | 9901 | €2,505 | -€6,376 | -€8,881 | |
| Financial income | 75/76B | €2,062 | €9,917 | +€7,856 | +381.0% |
| Recurring financial income | 75 | €2,062 | €6,216 | +€4,154 | +201.5% |
| Non-recurring financial income | 76B | - | €3,702 | +€3,702 | |
| Financial charges | 65/66B | €2,810 | €840 | -€1,970 | -70.1% |
| Recurring financial charges | 65 | €2,810 | €840 | -€1,970 | -70.1% |
| Profit (loss) for the period before taxes | 9903 | €1,757 | €2,702 | +€945 | +53.7% |
| Income taxes | 67/77 | €1,397 | €2,534 | +€1,137 | +81.4% |
| Profit (loss) for the period | 9904 | €360 | €168 | -€192 | -53.4% |
| Profit (loss) for the period to be appropriated | 9905 | €360 | €168 | -€192 | -53.4% |
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 4 October 2026 via checked.be.