wTVision: 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.
wTVision
Largest movements
- Receivables within one year -€310,061
down €310,061 (-36.4%), from €852,496 to €542,436
of which Trade receivables: -€325,460
- Cash -€24,607
down €24,607 (-49.8%), from €49,458 to €24,850
mainly Trade debts (-€337,384) and Investment in fixed assets (net) (-€19,588)
- Tangible fixed assets +€16,290
up €16,290 (+258.6%), from €6,300 to €22,590
- Trade debts -€337,384
down €337,384 (-51.3%), from €657,341 to €319,957
- Profit (loss) carried forward +€27,906
up €27,906 (+18.0%), from €155,122 to €183,028
- Accrued charges and deferred income -€11,952
down €11,952 (-65.3%), from €18,312 to €6,360
- Gross operating margin -€123,301
down €123,301 (-21.2%), from €582,692 to €459,392
- Staff costs -€47,706
down €47,706 (-10.1%), from €473,544 to €425,837
- Taxes -€44,967
down €44,967, from €36,340 to -€8,627
- Depreciation -€17,796
down €17,796 (-84.4%), from €21,094 to €3,298
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 | €917,528 | €600,406 | -€317,121 | -34.6% |
| Fixed assets | 21/28 | €8,500 | €24,790 | +€16,290 | +191.7% |
| Tangible fixed assets | 22/27 | €6,300 | €22,590 | +€16,290 | +258.6% |
| Furniture and vehicles | 24 | €6,300 | €22,590 | +€16,290 | +258.6% |
| Financial fixed assets | 28 | €2,200 | €2,200 | = | 0.0% |
| Current assets | 29/58 | €909,028 | €575,616 | -€333,412 | -36.7% |
| Amounts receivable within one year | 40/41 | €852,496 | €542,436 | -€310,061 | -36.4% |
| Trade receivables | 40 | €825,609 | €500,149 | -€325,460 | -39.4% |
| Other amounts receivable | 41 | €26,887 | €42,287 | +€15,400 | +57.3% |
| Cash at bank and in hand | 54/58 | €49,458 | €24,850 | -€24,607 | -49.8% |
| Deferred charges and accrued income | 490/1 | €7,074 | €8,330 | +€1,256 | +17.8% |
| Total equity and liabilities | 10/49 | €917,528 | €600,406 | -€317,121 | -34.6% |
| Equity | 10/15 | €175,582 | €203,488 | +€27,906 | +15.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €155,122 | €183,028 | +€27,906 | +18.0% |
| Amounts payable | 17/49 | €741,946 | €396,918 | -€345,028 | -46.5% |
| Amounts payable within one year | 42/48 | €723,633 | €390,558 | -€333,075 | -46.0% |
| Trade debts | 44 | €657,341 | €319,957 | -€337,384 | -51.3% |
| Suppliers | 440/4 | €657,341 | €319,957 | -€337,384 | -51.3% |
| Taxes, remuneration and social security | 45 | €66,292 | €70,602 | +€4,309 | +6.5% |
| Taxes | 450/3 | €15,723 | €19,243 | +€3,520 | +22.4% |
| Remuneration and social security | 454/9 | €50,569 | €51,358 | +€789 | +1.6% |
| Accrued charges and deferred income | 492/3 | €18,312 | €6,360 | -€11,952 | -65.3% |
| Remuneration, social security and pensions | 62 | €473,544 | €425,837 | -€47,706 | -10.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,094 | €3,298 | -€17,796 | -84.4% |
| Other operating charges | 640/8 | €1,221 | €650 | -€571 | -46.8% |
| Gross operating margin | 9900 | €582,692 | €459,392 | -€123,301 | -21.2% |
| Operating profit (loss) | 9901 | €86,833 | €29,606 | -€57,227 | -65.9% |
| Financial income | 75/76B | €0 | €80 | +€80 | |
| Recurring financial income | 75 | €0 | €80 | +€80 | |
| Financial charges | 65/66B | €7,935 | €10,407 | +€2,472 | +31.2% |
| Recurring financial charges | 65 | €7,935 | €10,407 | +€2,472 | +31.2% |
| Profit (loss) for the period before taxes | 9903 | €78,899 | €19,279 | -€59,620 | -75.6% |
| Income taxes | 67/77 | €36,340 | -€8,627 | -€44,967 | |
| Profit (loss) for the period | 9904 | €42,559 | €27,906 | -€14,652 | -34.4% |
| Profit (loss) for the period to be appropriated | 9905 | €42,559 | €27,906 | -€14,652 | -34.4% |
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 6 October 2026 via checked.be.