WYSEUR: 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.
WYSEUR
Largest movements
- Receivables within one year -€72,177
down €72,177 (-14.9%), from €483,028 to €410,851
of which Trade receivables: -€42,402
- Cash +€36,517
up €36,517 (+224%), from €16,333 to €52,850
mainly Net result for the year (+€120,241) and Receivables within one year (+€72,177)
- Tangible fixed assets +€28,821
up €28,821 (+55.8%), from €51,651 to €80,472
of which Furniture and vehicles: +€33,706
- Stocks and contracts -€22,787
down €22,787 (-66.2%), from €34,399 to €11,612
- Deferred charges and accrued income -€21,331
down €21,331 (-63.5%), from €33,581 to €12,250
- Trade debts -€137,895
down €137,895 (-18.5%), from €745,561 to €607,666
- Profit (loss) carried forward +€120,241
up €120,241 (+37.4%), from -€321,080 to -€200,839
- Other debts -€20,074
down €20,074 (-21.5%), from €93,304 to €73,229
- Short-term financial debts -€9,012
down €9,012 (-100%), from €9,012 to €0
- Gross operating margin +€149,699
up €149,699 (+57.9%), from €258,651 to €408,351
- Write-downs +€36,666
new in 2025: €36,666
- Depreciation +€5,549
up €5,549 (+47.6%), from €11,668 to €17,217
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 | €619,607 | €568,649 | -€50,958 | -8.2% |
| Fixed assets | 21/28 | €52,266 | €81,086 | +€28,821 | +55.1% |
| Tangible fixed assets | 22/27 | €51,651 | €80,472 | +€28,821 | +55.8% |
| Plant, machinery and equipment | 23 | €31,334 | €26,449 | -€4,885 | -15.6% |
| Furniture and vehicles | 24 | €20,318 | €54,023 | +€33,706 | +166% |
| Financial fixed assets | 28 | €614 | €614 | = | 0.0% |
| Current assets | 29/58 | €567,341 | €487,563 | -€79,778 | -14.1% |
| Stocks and contracts in progress | 3 | €34,399 | €11,612 | -€22,787 | -66.2% |
| Stocks | 30/36 | €34,399 | €11,612 | -€22,787 | -66.2% |
| Amounts receivable within one year | 40/41 | €483,028 | €410,851 | -€72,177 | -14.9% |
| Trade receivables | 40 | €395,512 | €353,111 | -€42,402 | -10.7% |
| Other amounts receivable | 41 | €87,515 | €57,740 | -€29,775 | -34.0% |
| Cash at bank and in hand | 54/58 | €16,333 | €52,850 | +€36,517 | +224% |
| Deferred charges and accrued income | 490/1 | €33,581 | €12,250 | -€21,331 | -63.5% |
| Total equity and liabilities | 10/49 | €619,607 | €568,649 | -€50,958 | -8.2% |
| Equity | 10/15 | -€246,011 | -€125,771 | +€120,241 | +48.9% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €56,476 | €56,476 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Other | 1319 | €0 | - | = | |
| Tax-exempt reserves | 132 | €7,920 | €7,920 | = | 0.0% |
| Distributable reserves | 133 | €48,556 | €48,556 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€321,080 | -€200,839 | +€120,241 | +37.4% |
| Amounts payable | 17/49 | €865,618 | €694,420 | -€171,198 | -19.8% |
| Amounts payable within one year | 42/48 | €865,618 | €694,420 | -€171,198 | -19.8% |
| Financial debts | 43 | €9,012 | €0 | -€9,012 | -100% |
| Credit institutions | 430/8 | €9,012 | €0 | -€9,012 | -100% |
| Trade debts | 44 | €745,561 | €607,666 | -€137,895 | -18.5% |
| Suppliers | 440/4 | €745,561 | €607,666 | -€137,895 | -18.5% |
| Taxes, remuneration and social security | 45 | €17,741 | €13,524 | -€4,217 | -23.8% |
| Taxes | 450/3 | €4,330 | €4,599 | +€269 | +6.2% |
| Remuneration and social security | 454/9 | €13,411 | €8,926 | -€4,485 | -33.4% |
| Other amounts payable | 47/48 | €93,304 | €73,229 | -€20,074 | -21.5% |
| Remuneration, social security and pensions | 62 | €217,643 | €221,662 | +€4,018 | +1.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,668 | €17,217 | +€5,549 | +47.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €36,666 | +€36,666 | |
| Other operating charges | 640/8 | €7,641 | €10,693 | +€3,053 | +40.0% |
| Gross operating margin | 9900 | €258,651 | €408,351 | +€149,699 | +57.9% |
| Operating profit (loss) | 9901 | €21,699 | €122,112 | +€100,413 | +463% |
| Financial income | 75/76B | €722 | €212 | -€510 | -70.6% |
| Recurring financial income | 75 | €722 | €212 | -€510 | -70.6% |
| Financial charges | 65/66B | €3,074 | €2,083 | -€991 | -32.2% |
| Recurring financial charges | 65 | €3,074 | €2,083 | -€991 | -32.2% |
| Profit (loss) for the period before taxes | 9903 | €19,347 | €120,241 | +€100,894 | +521% |
| Profit (loss) for the period | 9904 | €19,347 | €120,241 | +€100,894 | +521% |
| Profit (loss) for the period to be appropriated | 9905 | €19,347 | €120,241 | +€100,894 | +521% |
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 18 October 2026 via checked.be.