WIVER: 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.
WIVER
Largest movements
- Cash +€36,242
up €36,242 (+91.4%), from €39,647 to €75,889
mainly Net result for the year (+€55,696) and Depreciation (+€6,534)
- Receivables within one year +€13,626
up €13,626 (+31.4%), from €43,368 to €56,994
of which Trade receivables: +€13,626
- Current investments +€5,940
up €5,940 (+26.0%), from €22,821 to €28,762
- Tangible fixed assets -€1,886
down €1,886 (-17.1%), from €11,014 to €9,127
of which Furniture and vehicles: -€1,225
- Reserves +€58,000
up €58,000 (+70.7%), from €82,000 to €140,000
- Tax, wage and social debts -€4,786
down €4,786 (-75.7%), from €6,320 to €1,535
- Trade debts +€3,876
up €3,876 (+230%), from €1,683 to €5,559
- Profit (loss) carried forward -€2,304
down €2,304 (-79.6%), from €2,894 to €590
- Gross operating margin +€42,406
up €42,406 (+120%), from €35,310 to €77,716
- Taxes +€8,677
up €8,677 (+127%), from €6,823 to €15,501
- Financial income +€842
up €842 (+97.7%), from €861 to €1,703
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 | €116,850 | €170,908 | +€54,058 | +46.3% |
| Fixed assets | 21/28 | €11,014 | €9,127 | -€1,886 | -17.1% |
| Tangible fixed assets | 22/27 | €11,014 | €9,127 | -€1,886 | -17.1% |
| Furniture and vehicles | 24 | €7,845 | €6,619 | -€1,225 | -15.6% |
| Other tangible fixed assets | 26 | €3,169 | €2,508 | -€661 | -20.9% |
| Current assets | 29/58 | €105,837 | €161,781 | +€55,944 | +52.9% |
| Amounts receivable within one year | 40/41 | €43,368 | €56,994 | +€13,626 | +31.4% |
| Trade receivables | 40 | €22,697 | €36,324 | +€13,626 | +60.0% |
| Other amounts receivable | 41 | €20,671 | €20,671 | = | 0.0% |
| Current investments | 50/53 | €22,821 | €28,762 | +€5,940 | +26.0% |
| Cash at bank and in hand | 54/58 | €39,647 | €75,889 | +€36,242 | +91.4% |
| Deferred charges and accrued income | 490/1 | - | €135 | +€135 | |
| Total equity and liabilities | 10/49 | €116,850 | €170,908 | +€54,058 | +46.3% |
| Equity | 10/15 | €103,494 | €159,190 | +€55,696 | +53.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €82,000 | €140,000 | +€58,000 | +70.7% |
| Distributable reserves | 133 | €82,000 | €140,000 | +€58,000 | +70.7% |
| Profit (loss) carried forward | 14 | €2,894 | €590 | -€2,304 | -79.6% |
| Amounts payable | 17/49 | €13,356 | €11,719 | -€1,638 | -12.3% |
| Amounts payable within one year | 42/48 | €13,356 | €11,719 | -€1,638 | -12.3% |
| Trade debts | 44 | €1,683 | €5,559 | +€3,876 | +230% |
| Suppliers | 440/4 | €1,683 | €5,559 | +€3,876 | +230% |
| Taxes, remuneration and social security | 45 | €6,320 | €1,535 | -€4,786 | -75.7% |
| Taxes | 450/3 | €6,320 | €1,535 | -€4,786 | -75.7% |
| Other amounts payable | 47/48 | €5,353 | €4,625 | -€728 | -13.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,769 | €6,534 | +€765 | +13.3% |
| Other operating charges | 640/8 | €1,707 | €1,344 | -€363 | -21.3% |
| Gross operating margin | 9900 | €35,310 | €77,716 | +€42,406 | +120% |
| Operating profit (loss) | 9901 | €27,834 | €69,838 | +€42,005 | +151% |
| Financial income | 75/76B | €861 | €1,703 | +€842 | +97.7% |
| Recurring financial income | 75 | €861 | €1,703 | +€842 | +97.7% |
| Financial charges | 65/66B | €209 | €345 | +€136 | +65.0% |
| Recurring financial charges | 65 | €209 | €345 | +€136 | +65.0% |
| Profit (loss) for the period before taxes | 9903 | €28,486 | €71,196 | +€42,710 | +150% |
| Income taxes | 67/77 | €6,823 | €15,501 | +€8,677 | +127% |
| Profit (loss) for the period | 9904 | €21,662 | €55,696 | +€34,033 | +157% |
| Profit (loss) for the period to be appropriated | 9905 | €21,662 | €55,696 | +€34,033 | +157% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.