WNSJ: 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.
WNSJ
Largest movements
- Receivables within one year +€37,797
up €37,797 (+109%), from €34,537 to €72,334
of which Trade receivables: +€35,647
- Cash -€2,837
down €2,837 (-43.5%), from €6,514 to €3,677
mainly Receivables within one year (-€37,797) and Net result for the year (-€27,592)
- Advances received +€37,786
up €37,786 (+133%), from €28,335 to €66,121
- Profit (loss) carried forward -€27,592
down €27,592 (-60.6%), from -€45,553 to -€73,146
- Trade debts +€20,529
up €20,529 (+45.2%), from €45,404 to €65,933
- Tax, wage and social debts +€5,017
up €5,017 (+55.9%), from €8,972 to €13,989
of which Remuneration and social security: +€8,226
- Short-term financial debts -€2,350
down €2,350 (-10.2%), from €23,138 to €20,788
- Gross operating margin +€30,166
up €30,166 (+493%), from €6,117 to €36,283
- Staff costs +€24,258
up €24,258 (+70.8%), from €34,275 to €58,533
- Financial charges -€1,315
down €1,315 (-23.5%), from €5,604 to €4,288
- Other operating charges -€546
down €546 (-54.0%), from €1,011 to €465
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 | €70,488 | €103,686 | +€33,198 | +47.1% |
| Fixed assets | 21/28 | €2,959 | €2,017 | -€942 | -31.8% |
| Tangible fixed assets | 22/27 | €2,959 | €2,017 | -€942 | -31.8% |
| Furniture and vehicles | 24 | €2,370 | €1,670 | -€700 | -29.5% |
| Other tangible fixed assets | 26 | €588 | €346 | -€242 | -41.1% |
| Current assets | 29/58 | €67,529 | €101,669 | +€34,140 | +50.6% |
| Stocks and contracts in progress | 3 | €26,478 | €25,658 | -€821 | -3.1% |
| Stocks | 30/36 | €26,478 | €25,658 | -€821 | -3.1% |
| Amounts receivable within one year | 40/41 | €34,537 | €72,334 | +€37,797 | +109% |
| Trade receivables | 40 | €26,731 | €62,378 | +€35,647 | +133% |
| Other amounts receivable | 41 | €7,806 | €9,956 | +€2,150 | +27.5% |
| Cash at bank and in hand | 54/58 | €6,514 | €3,677 | -€2,837 | -43.5% |
| Total equity and liabilities | 10/49 | €70,488 | €103,686 | +€33,198 | +47.1% |
| Equity | 10/15 | -€35,553 | -€63,146 | -€27,592 | -77.6% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€45,553 | -€73,146 | -€27,592 | -60.6% |
| Amounts payable | 17/49 | €106,041 | €166,831 | +€60,790 | +57.3% |
| Amounts payable within one year | 42/48 | €106,041 | €166,831 | +€60,790 | +57.3% |
| Financial debts | 43 | €23,138 | €20,788 | -€2,350 | -10.2% |
| Credit institutions | 430/8 | €23,138 | €20,788 | -€2,350 | -10.2% |
| Trade debts | 44 | €45,404 | €65,933 | +€20,529 | +45.2% |
| Suppliers | 440/4 | €45,404 | €65,933 | +€20,529 | +45.2% |
| Advances received on contracts in progress | 46 | €28,335 | €66,121 | +€37,786 | +133% |
| Taxes, remuneration and social security | 45 | €8,972 | €13,989 | +€5,017 | +55.9% |
| Taxes | 450/3 | €3,600 | €391 | -€3,209 | -89.1% |
| Remuneration and social security | 454/9 | €5,372 | €13,598 | +€8,226 | +153% |
| Other amounts payable | 47/48 | €191 | €0 | -€191 | -100% |
| Remuneration, social security and pensions | 62 | €34,275 | €58,533 | +€24,258 | +70.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €942 | €942 | = | 0.0% |
| Other operating charges | 640/8 | €1,011 | €465 | -€546 | -54.0% |
| Gross operating margin | 9900 | €6,117 | €36,283 | +€30,166 | +493% |
| Operating profit (loss) | 9901 | -€30,111 | -€23,657 | +€6,454 | +21.4% |
| Financial income | 75/76B | €291 | €353 | +€62 | +21.3% |
| Recurring financial income | 75 | €291 | €353 | +€62 | +21.3% |
| Financial charges | 65/66B | €5,604 | €4,288 | -€1,315 | -23.5% |
| Recurring financial charges | 65 | €5,604 | €4,288 | -€1,315 | -23.5% |
| Profit (loss) for the period before taxes | 9903 | -€35,424 | -€27,592 | +€7,832 | +22.1% |
| Profit (loss) for the period | 9904 | -€35,424 | -€27,592 | +€7,832 | +22.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€35,424 | -€27,592 | +€7,832 | +22.1% |
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 13 October 2026 via checked.be.