WSPEED: what changed
Two fiscal 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.
WSPEED
Largest movements
- Tangible fixed assets +€36,022
new in 2025: €36,022
of which Furniture and vehicles: +€21,374
- Receivables after one year +€33,747
new in 2025: €33,747
of which Trade receivables: +€27,899
- Cash +€29,858
up €29,858 (+79813.5%), from €37 to €29,896
mainly Trade debts (+€70,799) and Tax, wage and social debts (+€48,843)
- Financial fixed assets +€25,787
new in 2025: €25,787
- Deferred charges and accrued income +€9,026
new in 2025: €9,026
- Trade debts +€70,799
up €70,799 (+15004.3%), from €472 to €71,271
- Tax, wage and social debts +€48,843
new in 2025: €48,843
of which Remuneration and social security: +€25,017
- Current portion of long-term debt +€10,192
new in 2025: €10,192
- Other debts +€2,283
up €2,283 (+237.5%), from €962 to €3,245
- Gross operating margin +€144,591
up €144,591 (+38543.3%), from €375 to €144,966
- Staff costs +€97,419
new in 2025: €97,419
- Other operating charges +€23,538
new in 2025: €23,538
- Financial charges +€11,960
up €11,960 (+24462.2%), from €49 to €12,008
- Depreciation +€3,934
new in 2025: €3,934
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 | €224 | €134,477 | +€134,253 | +60001.6% |
| Fixed assets | 21/28 | - | €61,809 | +€61,809 | |
| Tangible fixed assets | 22/27 | - | €36,022 | +€36,022 | |
| Furniture and vehicles | 24 | - | €21,374 | +€21,374 | |
| Leasing and similar rights | 25 | - | €14,647 | +€14,647 | |
| Financial fixed assets | 28 | - | €25,787 | +€25,787 | |
| Current assets | 29/58 | €224 | €72,669 | +€72,445 | +32377.6% |
| Amounts receivable after more than one year | 29 | - | €33,747 | +€33,747 | |
| Trade receivables | 290 | - | €27,899 | +€27,899 | |
| Other amounts receivable | 291 | - | €5,848 | +€5,848 | |
| Amounts receivable within one year | 40/41 | €186 | - | -€186 | |
| Other amounts receivable | 41 | €186 | - | -€186 | |
| Cash at bank and in hand | 54/58 | €37 | €29,896 | +€29,858 | +79813.5% |
| Deferred charges and accrued income | 490/1 | - | €9,026 | +€9,026 | |
| Total equity and liabilities | 10/49 | €224 | €134,477 | +€134,253 | +60001.6% |
| Equity | 10/15 | -€1,210 | -€601 | +€608 | +50.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,210 | -€3,601 | +€608 | +14.4% |
| Amounts payable | 17/49 | €1,433 | €135,079 | +€133,645 | +9323.9% |
| Amounts payable after more than one year | 17 | - | €1,061 | +€1,061 | |
| Financial debts | 170/4 | - | €1,061 | +€1,061 | |
| Amounts payable within one year | 42/48 | €1,433 | €133,551 | +€132,118 | +9217.3% |
| Current portion of amounts payable after more than one year | 42 | - | €10,192 | +€10,192 | |
| Trade debts | 44 | €472 | €71,271 | +€70,799 | +15004.3% |
| Suppliers | 440/4 | €472 | €71,271 | +€70,799 | +15004.3% |
| Taxes, remuneration and social security | 45 | - | €48,843 | +€48,843 | |
| Taxes | 450/3 | - | €23,826 | +€23,826 | |
| Remuneration and social security | 454/9 | - | €25,017 | +€25,017 | |
| Other amounts payable | 47/48 | €962 | €3,245 | +€2,283 | +237.5% |
| Accrued charges and deferred income | 492/3 | - | €467 | +€467 | |
| Remuneration, social security and pensions | 62 | - | €97,419 | +€97,419 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €3,934 | +€3,934 | |
| Other operating charges | 640/8 | - | €23,538 | +€23,538 | |
| Non-recurring operating charges | 66A | - | €5,500 | +€5,500 | |
| Gross operating margin | 9900 | €375 | €144,966 | +€144,591 | +38543.3% |
| Operating profit (loss) | 9901 | €375 | €14,575 | +€14,200 | +3785.3% |
| Financial charges | 65/66B | €49 | €12,008 | +€11,960 | +24462.2% |
| Recurring financial charges | 65 | €49 | €12,008 | +€11,960 | +24462.2% |
| Profit (loss) for the period before taxes | 9903 | €326 | €2,567 | +€2,240 | +686.7% |
| Income taxes | 67/77 | - | €1,959 | +€1,959 | |
| Profit (loss) for the period | 9904 | €326 | €608 | +€282 | +86.4% |
| Profit (loss) for the period to be appropriated | 9905 | €326 | €608 | +€282 | +86.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.