WSITS: 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.
WSITS
Largest movements
- Receivables within one year +€108,132
up €108,132 (+461.7%), from €23,422 to €131,555
of which Other amounts receivable: +€104,914
- Tangible fixed assets +€49,934
up €49,934 (+961.6%), from €5,193 to €55,127
of which Furniture and vehicles: +€54,211
- Intangible fixed assets -€18,750
down €18,750 (-14.5%), from €129,671 to €110,921
- Cash -€13,776
down €13,776 (-54.5%), from €25,290 to €11,514
mainly Receivables within one year (-€108,132) and Investment in fixed assets (net) (-€61,825)
- Profit (loss) carried forward +€86,821
up €86,821 (+93.1%), from €93,254 to €180,075
- Debts after one year +€40,285
new in 2025: €40,285
- Other debts -€31,990
no longer reported in 2025 (was €31,990)
- Tax, wage and social debts +€22,367
up €22,367 (+47.1%), from €47,453 to €69,820
of which Taxes: +€19,175
- Current portion of long-term debt +€10,167
up €10,167 (+865.9%), from €1,174 to €11,342
- Gross operating margin +€34,060
up €34,060 (+16.1%), from €212,020 to €246,080
- Staff costs +€9,767
up €9,767 (+12.0%), from €81,628 to €91,395
- Depreciation +€6,220
up €6,220 (+25.5%), from €24,420 to €30,640
- Financial charges +€2,648
up €2,648 (+45.4%), from €5,834 to €8,482
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 | €184,295 | €309,511 | +€125,216 | +67.9% |
| Fixed assets | 21/28 | €134,863 | €166,047 | +€31,184 | +23.1% |
| Intangible fixed assets | 21 | €129,671 | €110,921 | -€18,750 | -14.5% |
| Tangible fixed assets | 22/27 | €5,193 | €55,127 | +€49,934 | +961.6% |
| Furniture and vehicles | 24 | €916 | €55,127 | +€54,211 | +5919.8% |
| Leasing and similar rights | 25 | €4,277 | - | -€4,277 | |
| Current assets | 29/58 | €49,432 | €143,464 | +€94,031 | +190.2% |
| Amounts receivable within one year | 40/41 | €23,422 | €131,555 | +€108,132 | +461.7% |
| Trade receivables | 40 | €22,616 | €25,834 | +€3,219 | +14.2% |
| Other amounts receivable | 41 | €806 | €105,720 | +€104,914 | +13009.2% |
| Cash at bank and in hand | 54/58 | €25,290 | €11,514 | -€13,776 | -54.5% |
| Deferred charges and accrued income | 490/1 | €720 | €395 | -€325 | -45.1% |
| Total equity and liabilities | 10/49 | €184,295 | €309,511 | +€125,216 | +67.9% |
| Equity | 10/15 | €98,254 | €185,075 | +€86,821 | +88.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €93,254 | €180,075 | +€86,821 | +93.1% |
| Amounts payable | 17/49 | €86,041 | €124,436 | +€38,395 | +44.6% |
| Amounts payable after more than one year | 17 | - | €40,285 | +€40,285 | |
| Financial debts | 170/4 | - | €40,285 | +€40,285 | |
| Amounts payable within one year | 42/48 | €86,041 | €84,151 | -€1,890 | -2.2% |
| Current portion of amounts payable after more than one year | 42 | €1,174 | €11,342 | +€10,167 | +865.9% |
| Trade debts | 44 | €5,424 | €2,990 | -€2,434 | -44.9% |
| Suppliers | 440/4 | €5,424 | €2,990 | -€2,434 | -44.9% |
| Taxes, remuneration and social security | 45 | €47,453 | €69,820 | +€22,367 | +47.1% |
| Taxes | 450/3 | €42,621 | €61,797 | +€19,175 | +45.0% |
| Remuneration and social security | 454/9 | €4,832 | €8,023 | +€3,191 | +66.0% |
| Other amounts payable | 47/48 | €31,990 | - | -€31,990 | |
| Remuneration, social security and pensions | 62 | €81,628 | €91,395 | +€9,767 | +12.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,420 | €30,640 | +€6,220 | +25.5% |
| Other operating charges | 640/8 | €2,561 | €3,407 | +€846 | +33.0% |
| Gross operating margin | 9900 | €212,020 | €246,080 | +€34,060 | +16.1% |
| Operating profit (loss) | 9901 | €103,411 | €120,637 | +€17,227 | +16.7% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €5,834 | €8,482 | +€2,648 | +45.4% |
| Recurring financial charges | 65 | €5,834 | €8,482 | +€2,648 | +45.4% |
| Profit (loss) for the period before taxes | 9903 | €97,578 | €112,156 | +€14,578 | +14.9% |
| Income taxes | 67/77 | €26,135 | €25,335 | -€800 | -3.1% |
| Profit (loss) for the period | 9904 | €71,443 | €86,821 | +€15,377 | +21.5% |
| Profit (loss) for the period to be appropriated | 9905 | €71,443 | €86,821 | +€15,377 | +21.5% |
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 12 October 2026 via checked.be.