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 +€23,558
up €23,558 (+38.9%), from €60,488 to €84,047
mainly Net result for the year (+€19,937) and Depreciation (+€8,806)
- Tangible fixed assets -€8,806
down €8,806 (-26.1%), from €33,712 to €24,906
of which Furniture and vehicles: -€8,806
- Receivables within one year +€5,303
up €5,303 (+43.5%), from €12,193 to €17,497
of which Trade receivables: +€7,369
- Reserves +€18,271
up €18,271 (+20.5%), from €89,325 to €107,596
of which Distributable reserves: +€18,271
- Tax, wage and social debts +€5,108
up €5,108 (+146%), from €3,495 to €8,603
- Other debts -€3,906
down €3,906 (-57.6%), from €6,778 to €2,872
- Gross operating margin +€17,779
up €17,779 (+78.2%), from €22,739 to €40,518
- Taxes +€6,167
up €6,167 (+129%), from €4,785 to €10,953
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 | €106,887 | €126,970 | +€20,083 | +18.8% |
| Fixed assets | 21/28 | €33,712 | €24,906 | -€8,806 | -26.1% |
| Tangible fixed assets | 22/27 | €33,712 | €24,906 | -€8,806 | -26.1% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €33,712 | €24,906 | -€8,806 | -26.1% |
| Current assets | 29/58 | €73,175 | €102,065 | +€28,889 | +39.5% |
| Amounts receivable within one year | 40/41 | €12,193 | €17,497 | +€5,303 | +43.5% |
| Trade receivables | 40 | €9,965 | €17,335 | +€7,369 | +74.0% |
| Other amounts receivable | 41 | €2,228 | €162 | -€2,066 | -92.7% |
| Cash at bank and in hand | 54/58 | €60,488 | €84,047 | +€23,558 | +38.9% |
| Deferred charges and accrued income | 490/1 | €493 | €521 | +€28 | +5.6% |
| Total equity and liabilities | 10/49 | €106,887 | €126,970 | +€20,083 | +18.8% |
| Equity | 10/15 | €95,525 | €113,796 | +€18,271 | +19.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €89,325 | €107,596 | +€18,271 | +20.5% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €89,325 | €107,596 | +€18,271 | +20.5% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €11,362 | €13,174 | +€1,812 | +16.0% |
| Amounts payable within one year | 42/48 | €11,074 | €12,791 | +€1,717 | +15.5% |
| Financial debts | 43 | €101 | - | -€101 | |
| Credit institutions | 430/8 | €101 | - | -€101 | |
| Trade debts | 44 | €700 | €1,317 | +€616 | +88.0% |
| Suppliers | 440/4 | €700 | €1,317 | +€616 | +88.0% |
| Taxes, remuneration and social security | 45 | €3,495 | €8,603 | +€5,108 | +146% |
| Taxes | 450/3 | €3,495 | €8,603 | +€5,108 | +146% |
| Other amounts payable | 47/48 | €6,778 | €2,872 | -€3,906 | -57.6% |
| Accrued charges and deferred income | 492/3 | €288 | €383 | +€95 | +32.9% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,010 | €8,806 | -€204 | -2.3% |
| Other operating charges | 640/8 | €824 | €793 | -€31 | -3.8% |
| Gross operating margin | 9900 | €22,739 | €40,518 | +€17,779 | +78.2% |
| Operating profit (loss) | 9901 | €12,905 | €30,919 | +€18,014 | +140% |
| Financial income | 75/76B | €196 | €485 | +€288 | +147% |
| Recurring financial income | 75 | €196 | €485 | +€288 | +147% |
| Financial charges | 65/66B | €403 | €514 | +€111 | +27.6% |
| Recurring financial charges | 65 | €403 | €514 | +€111 | +27.6% |
| Profit (loss) for the period before taxes | 9903 | €12,699 | €30,890 | +€18,191 | +143% |
| Income taxes | 67/77 | €4,785 | €10,953 | +€6,167 | +129% |
| Profit (loss) for the period | 9904 | €7,913 | €19,937 | +€12,024 | +152% |
| Profit (loss) for the period to be appropriated | 9905 | €7,913 | €19,937 | +€12,024 | +152% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.