WIVEST: 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.
WIVEST
Largest movements
- Tangible fixed assets -€40,413
down €40,413 (-8.7%), from €464,801 to €424,388
of which Other tangible fixed assets: -€40,413
- Cash +€11,162
up €11,162 (+13.6%), from €82,032 to €93,194
mainly Depreciation (+€40,413) and Tax, wage and social debts (+€2,941)
- Deferred charges and accrued income +€8,630
up €8,630 (+655%), from €1,318 to €9,948
- Profit (loss) carried forward -€10,058
down €10,058 (-9.1%), from -€110,646 to -€120,704
- Reserves -€8,755
down €8,755 (-6.8%), from €128,192 to €119,437
of which Tax-exempt reserves: -€8,755
- Depreciation -€25,507
down €25,507 (-38.7%), from €65,920 to €40,413
- Financial income +€6,000
up €6,000 (+2,857,081%), from €0 to €6,000
- Staff costs +€2,492
up €2,492 (+3.6%), from €69,478 to €71,970
- Gross operating margin -€2,237
down €2,237 (-2.4%), from €92,913 to €90,676
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €561,827 | €542,400 | -€19,427 | -3.5% |
| Fixed assets | 21/28 | €464,801 | €424,388 | -€40,413 | -8.7% |
| Tangible fixed assets | 22/27 | €464,801 | €424,388 | -€40,413 | -8.7% |
| Land and buildings | 22 | €164,351 | €164,351 | = | 0.0% |
| Other tangible fixed assets | 26 | €300,450 | €260,037 | -€40,413 | -13.5% |
| Current assets | 29/58 | €97,026 | €118,012 | +€20,986 | +21.6% |
| Amounts receivable within one year | 40/41 | €13,676 | €14,870 | +€1,194 | +8.7% |
| Other amounts receivable | 41 | €13,676 | €14,870 | +€1,194 | +8.7% |
| Cash at bank and in hand | 54/58 | €82,032 | €93,194 | +€11,162 | +13.6% |
| Deferred charges and accrued income | 490/1 | €1,318 | €9,948 | +€8,630 | +655% |
| Total equity and liabilities | 10/49 | €561,827 | €542,400 | -€19,427 | -3.5% |
| Equity | 10/15 | €516,490 | €497,678 | -€18,812 | -3.6% |
| Contributions | 10/11 | €498,944 | €498,944 | = | 0.0% |
| Capital | 10 | €498,944 | €498,944 | = | 0.0% |
| Issued capital | 100 | €498,944 | €498,944 | = | 0.0% |
| Reserves | 13 | €128,192 | €119,437 | -€8,755 | -6.8% |
| Non-distributable reserves | 130/1 | €4,540 | €4,540 | = | 0.0% |
| Legal reserve | 130 | €4,540 | €4,540 | = | 0.0% |
| Tax-exempt reserves | 132 | €51,209 | €42,454 | -€8,755 | -17.1% |
| Distributable reserves | 133 | €72,444 | €72,444 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€110,646 | -€120,704 | -€10,058 | -9.1% |
| Provisions and deferred taxes | 16 | €23,838 | €21,650 | -€2,189 | -9.2% |
| Deferred taxes | 168 | €23,838 | €21,650 | -€2,189 | -9.2% |
| Amounts payable | 17/49 | €21,498 | €23,072 | +€1,574 | +7.3% |
| Amounts payable after more than one year | 17 | €2,745 | €2,745 | = | 0.0% |
| Other amounts payable | 178/9 | €2,745 | €2,745 | = | 0.0% |
| Amounts payable within one year | 42/48 | €14,314 | €18,761 | +€4,447 | +31.1% |
| Trade debts | 44 | €811 | €2,317 | +€1,506 | +186% |
| Suppliers | 440/4 | €811 | €2,317 | +€1,506 | +186% |
| Taxes, remuneration and social security | 45 | €13,503 | €16,444 | +€2,941 | +21.8% |
| Taxes | 450/3 | €937 | €849 | -€89 | -9.5% |
| Remuneration and social security | 454/9 | €12,566 | €15,596 | +€3,030 | +24.1% |
| Accrued charges and deferred income | 492/3 | €4,439 | €1,565 | -€2,874 | -64.7% |
| Remuneration, social security and pensions | 62 | €69,478 | €71,970 | +€2,492 | +3.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €65,920 | €40,413 | -€25,507 | -38.7% |
| Other operating charges | 640/8 | €5,267 | €5,236 | -€31 | -0.6% |
| Gross operating margin | 9900 | €92,913 | €90,676 | -€2,237 | -2.4% |
| Operating profit (loss) | 9901 | -€47,753 | -€26,944 | +€20,809 | +43.6% |
| Financial income | 75/76B | €0 | €6,000 | +€6,000 | +2,857,081% |
| Recurring financial income | 75 | €0 | €6,000 | +€6,000 | +2,857,081% |
| Financial charges | 65/66B | €45 | €47 | +€2 | +5.0% |
| Recurring financial charges | 65 | €45 | €47 | +€2 | +5.0% |
| Profit (loss) for the period before taxes | 9903 | -€47,798 | -€20,991 | +€26,807 | +56.1% |
| Transfer from deferred taxes | 780 | €9,865 | €2,189 | -€7,676 | -77.8% |
| Income taxes | 67/77 | €115 | €10 | -€105 | -91.5% |
| Profit (loss) for the period | 9904 | -€38,047 | -€18,812 | +€19,235 | +50.6% |
| Transfer from tax-exempt reserves | 789 | €39,460 | €8,755 | -€30,706 | -77.8% |
| Profit (loss) for the period to be appropriated | 9905 | €1,413 | -€10,058 | -€11,470 |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.