WIZARD: 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.
WIZARD
Largest movements
- Financial fixed assets -€7,500
down €7,500 (-100.0%), from €7,500 to €0
- Tangible fixed assets -€6,392
down €6,392 (-10.7%), from €59,820 to €53,428
of which Land and buildings: -€6,158
- Cash +€3,753
up €3,753 (+8.3%), from €45,044 to €48,798
mainly Net result for the year (+€24,459) and Depreciation (+€7,176)
- Deferred charges and accrued income -€3,568
down €3,568 (-36.1%), from €9,889 to €6,321
- Reserves +€24,459
up €24,459 (+14.3%), from €171,046 to €195,506
- Other debts -€19,114
down €19,114 (-96.5%), from €19,809 to €695
- Tax, wage and social debts -€10,358
down €10,358 (-68.0%), from €15,227 to €4,869
- Current portion of long-term debt -€8,357
down €8,357 (-34.1%), from €24,525 to €16,168
- Staff costs -€50,588
down €50,588 (-39.7%), from €127,308 to €76,721
- Gross operating margin -€5,592
down €5,592 (-4.8%), from €115,675 to €110,083
- Financial income -€1,922
down €1,922 (-98.4%), from €1,954 to €32
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 | €249,207 | €235,838 | -€13,370 | -5.4% |
| Fixed assets | 21/28 | €67,320 | €53,428 | -€13,892 | -20.6% |
| Tangible fixed assets | 22/27 | €59,820 | €53,428 | -€6,392 | -10.7% |
| Land and buildings | 22 | €58,521 | €52,363 | -€6,158 | -10.5% |
| Furniture and vehicles | 24 | €1,299 | €1,065 | -€233 | -18.0% |
| Financial fixed assets | 28 | €7,500 | €0 | -€7,500 | -100.0% |
| Current assets | 29/58 | €181,888 | €182,410 | +€522 | +0.3% |
| Amounts receivable within one year | 40/41 | €949 | €1,285 | +€336 | +35.4% |
| Trade receivables | 40 | €494 | €494 | = | 0.0% |
| Other amounts receivable | 41 | €455 | €791 | +€336 | +73.8% |
| Current investments | 50/53 | €126,006 | €126,006 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €45,044 | €48,798 | +€3,753 | +8.3% |
| Deferred charges and accrued income | 490/1 | €9,889 | €6,321 | -€3,568 | -36.1% |
| Total equity and liabilities | 10/49 | €249,207 | €235,838 | -€13,370 | -5.4% |
| Equity | 10/15 | €189,646 | €214,106 | +€24,459 | +12.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €171,046 | €195,506 | +€24,459 | +14.3% |
| Distributable reserves | 133 | €171,046 | €195,506 | +€24,459 | +14.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €59,561 | €21,732 | -€37,829 | -63.5% |
| Amounts payable within one year | 42/48 | €59,561 | €21,732 | -€37,829 | -63.5% |
| Current portion of amounts payable after more than one year | 42 | €24,525 | €16,168 | -€8,357 | -34.1% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €15,227 | €4,869 | -€10,358 | -68.0% |
| Remuneration and social security | 454/9 | €15,227 | €4,869 | -€10,358 | -68.0% |
| Other amounts payable | 47/48 | €19,809 | €695 | -€19,114 | -96.5% |
| Remuneration, social security and pensions | 62 | €127,308 | €76,721 | -€50,588 | -39.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,850 | €7,176 | +€326 | +4.8% |
| Other operating charges | 640/8 | €1,315 | €1,529 | +€214 | +16.3% |
| Gross operating margin | 9900 | €115,675 | €110,083 | -€5,592 | -4.8% |
| Operating profit (loss) | 9901 | -€19,799 | €24,657 | +€44,456 | |
| Financial income | 75/76B | €1,954 | €32 | -€1,922 | -98.4% |
| Recurring financial income | 75 | €1,954 | €32 | -€1,922 | -98.4% |
| Financial charges | 65/66B | €257 | €230 | -€27 | -10.5% |
| Recurring financial charges | 65 | €257 | €230 | -€27 | -10.5% |
| Profit (loss) for the period before taxes | 9903 | -€18,102 | €24,459 | +€42,561 | |
| Profit (loss) for the period | 9904 | -€18,102 | €24,459 | +€42,561 | |
| Profit (loss) for the period to be appropriated | 9905 | -€18,102 | €24,459 | +€42,561 |
Source: filed annual accounts (NBB), financial years ended 31 May 2024 and 31 May 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.