WISTI: 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.
WISTI
Largest movements
- Tangible fixed assets +€118,946
up €118,946 (+30.7%), from €387,394 to €506,340
of which Leasing and similar rights: +€88,687
- Receivables within one year -€12,733
down €12,733 (-9.6%), from €132,426 to €119,693
of which Other amounts receivable: -€16,727
- Receivables after one year +€9,955
up €9,955 (+3.5%), from €287,321 to €297,276
- Debts after one year +€77,265
up €77,265 (+33.6%), from €230,225 to €307,490
- Reserves +€33,321
up €33,321 (+24.8%), from €134,408 to €167,729
of which Distributable reserves: +€33,321
- Tax, wage and social debts -€20,040
down €20,040 (-87.0%), from €23,040 to €3,000
- Trade debts +€11,348
up €11,348 (+7.1%), from €158,880 to €170,228
- Current portion of long-term debt +€11,092
up €11,092 (+39.2%), from €28,315 to €39,407
- Depreciation +€9,366
up €9,366 (+46.0%), from €20,370 to €29,736
- Gross operating margin +€7,980
up €7,980 (+11.1%), from €71,907 to €79,887
- Financial income +€5,916
up €5,916 (+88.1%), from €6,712 to €12,627
of which Financial income: +€5,916
- Financial charges +€5,091
up €5,091 (+50.0%), from €10,177 to €15,267
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.
Derived cash bridge
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 | €814,917 | €932,544 | +€117,627 | +14.4% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €393,720 | €512,667 | +€118,946 | +30.2% |
| Tangible fixed assets | 22/27 | €387,394 | €506,340 | +€118,946 | +30.7% |
| Land and buildings | 22 | €382,400 | €413,706 | +€31,306 | +8.2% |
| Plant, machinery and equipment | 23 | €1,964 | €1,451 | -€513 | -26.1% |
| Furniture and vehicles | 24 | €3,029 | €2,495 | -€534 | -17.6% |
| Leasing and similar rights | 25 | - | €88,687 | +€88,687 | |
| Financial fixed assets | 28 | €6,327 | €6,327 | = | 0.0% |
| Current assets | 29/58 | €421,197 | €419,877 | -€1,320 | -0.3% |
| Amounts receivable after more than one year | 29 | €287,321 | €297,276 | +€9,955 | +3.5% |
| Other amounts receivable | 291 | €287,321 | €297,276 | +€9,955 | +3.5% |
| Stocks and contracts in progress | 3 | €1,450 | €1,806 | +€356 | +24.5% |
| Stocks | 30/36 | €1,450 | €1,806 | +€356 | +24.5% |
| Amounts receivable within one year | 40/41 | €132,426 | €119,693 | -€12,733 | -9.6% |
| Trade receivables | 40 | €86,801 | €90,795 | +€3,994 | +4.6% |
| Other amounts receivable | 41 | €45,625 | €28,898 | -€16,727 | -36.7% |
| Cash at bank and in hand | 54/58 | €0 | - | = | |
| Deferred charges and accrued income | 490/1 | - | €1,103 | +€1,103 | |
| Total equity and liabilities | 10/49 | €814,917 | €932,544 | +€117,627 | +14.4% |
| Equity | 10/15 | €349,571 | €382,892 | +€33,321 | +9.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €134,408 | €167,729 | +€33,321 | +24.8% |
| 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 | €132,548 | €165,869 | +€33,321 | +25.1% |
| Profit (loss) carried forward | 14 | €196,564 | €196,564 | = | 0.0% |
| Amounts payable | 17/49 | €465,346 | €549,652 | +€84,306 | +18.1% |
| Amounts payable after more than one year | 17 | €230,225 | €307,490 | +€77,265 | +33.6% |
| Financial debts | 170/4 | €230,225 | €307,490 | +€77,265 | +33.6% |
| Amounts payable within one year | 42/48 | €235,121 | €241,599 | +€6,479 | +2.8% |
| Current portion of amounts payable after more than one year | 42 | €28,315 | €39,407 | +€11,092 | +39.2% |
| Financial debts | 43 | €24,886 | €28,965 | +€4,079 | +16.4% |
| Credit institutions | 430/8 | €24,886 | €28,965 | +€4,079 | +16.4% |
| Trade debts | 44 | €158,880 | €170,228 | +€11,348 | +7.1% |
| Suppliers | 440/4 | €158,880 | €170,228 | +€11,348 | +7.1% |
| Taxes, remuneration and social security | 45 | €23,040 | €3,000 | -€20,040 | -87.0% |
| Taxes | 450/3 | €23,040 | €3,000 | -€20,040 | -87.0% |
| Accrued charges and deferred income | 492/3 | - | €563 | +€563 | |
| Turnover | 70 | €0 | - | = | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,370 | €29,736 | +€9,366 | +46.0% |
| Other operating charges | 640/8 | €1,383 | €1,861 | +€478 | +34.6% |
| Non-recurring operating charges | 66A | €3,200 | - | -€3,200 | |
| Gross operating margin | 9900 | €71,907 | €79,887 | +€7,980 | +11.1% |
| Operating profit (loss) | 9901 | €46,954 | €48,290 | +€1,336 | +2.8% |
| Financial income | 75/76B | €6,712 | €12,627 | +€5,916 | +88.1% |
| Recurring financial income | 75 | €6,712 | €12,627 | +€5,916 | +88.1% |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €10,177 | €15,267 | +€5,091 | +50.0% |
| Recurring financial charges | 65 | €10,177 | €15,267 | +€5,091 | +50.0% |
| Profit (loss) for the period before taxes | 9903 | €43,489 | €45,650 | +€2,161 | +5.0% |
| Income taxes | 67/77 | €12,155 | €12,329 | +€174 | +1.4% |
| Profit (loss) for the period | 9904 | €31,334 | €33,321 | +€1,987 | +6.3% |
| Profit (loss) for the period to be appropriated | 9905 | €31,334 | €33,321 | +€1,987 | +6.3% |
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 17 October 2026 via checked.be.