WSave: 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.
WSave
Largest movements
- Cash +€7,616
up €7,616 (+23.2%), from €32,824 to €40,440
mainly Net result for the year (+€7,815) and Receivables within one year (+€4,310)
- Receivables within one year -€4,310
down €4,310 (-62.1%), from €6,941 to €2,632
of which Trade receivables: -€2,632
- Tangible fixed assets +€1,962
new in 2025: €1,962
- Reserves +€7,815
up €7,815 (+26.5%), from €29,544 to €37,359
- Trade debts -€4,356
down €4,356 (-83.4%), from €5,221 to €865
- Tax, wage and social debts +€1,810
up €1,810, from €0 to €1,810
- Gross operating margin -€5,987
down €5,987 (-34.3%), from €17,454 to €11,467
- Taxes -€809
down €809 (-23.9%), from €3,377 to €2,569
- Depreciation +€523
new in 2025: €523
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 | €39,765 | €45,034 | +€5,269 | +13.3% |
| Fixed assets | 21/28 | - | €1,962 | +€1,962 | |
| Tangible fixed assets | 22/27 | - | €1,962 | +€1,962 | |
| Furniture and vehicles | 24 | - | €1,962 | +€1,962 | |
| Current assets | 29/58 | €39,765 | €43,072 | +€3,307 | +8.3% |
| Amounts receivable within one year | 40/41 | €6,941 | €2,632 | -€4,310 | -62.1% |
| Trade receivables | 40 | €5,264 | €2,632 | -€2,632 | -50.0% |
| Other amounts receivable | 41 | €1,678 | €0 | -€1,678 | -100.0% |
| Cash at bank and in hand | 54/58 | €32,824 | €40,440 | +€7,616 | +23.2% |
| Total equity and liabilities | 10/49 | €39,765 | €45,034 | +€5,269 | +13.3% |
| Equity | 10/15 | €34,544 | €42,359 | +€7,815 | +22.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €29,544 | €37,359 | +€7,815 | +26.5% |
| Distributable reserves | 133 | €29,544 | €37,359 | +€7,815 | +26.5% |
| Amounts payable | 17/49 | €5,221 | €2,675 | -€2,546 | -48.8% |
| Amounts payable within one year | 42/48 | €5,221 | €2,675 | -€2,546 | -48.8% |
| Trade debts | 44 | €5,221 | €865 | -€4,356 | -83.4% |
| Suppliers | 440/4 | €5,221 | €865 | -€4,356 | -83.4% |
| Taxes, remuneration and social security | 45 | €0 | €1,810 | +€1,810 | |
| Taxes | 450/3 | €0 | €1,810 | +€1,810 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €523 | +€523 | |
| Other operating charges | 640/8 | €505 | €520 | +€14 | +2.8% |
| Gross operating margin | 9900 | €17,454 | €11,467 | -€5,987 | -34.3% |
| Operating profit (loss) | 9901 | €16,948 | €10,424 | -€6,524 | -38.5% |
| Financial charges | 65/66B | €39 | €40 | +€1 | +3.5% |
| Recurring financial charges | 65 | €39 | €40 | +€1 | +3.5% |
| Profit (loss) for the period before taxes | 9903 | €16,909 | €10,384 | -€6,525 | -38.6% |
| Income taxes | 67/77 | €3,377 | €2,569 | -€809 | -23.9% |
| Profit (loss) for the period | 9904 | €13,532 | €7,815 | -€5,717 | -42.2% |
| Profit (loss) for the period to be appropriated | 9905 | €13,532 | €7,815 | -€5,717 | -42.2% |
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 10 October 2026 via checked.be.