WYSIWYG: what changed
WYSIWYG
Largest movements
- Cash -€33,974
down €33,974 (-45.1%), from €75,338 to €41,365
mainly Investment in fixed assets (net) (-€24,648) and Trade debts (-€5,838)
- Tangible fixed assets +€17,844
up €17,844 (+154%), from €11,572 to €29,416
of which Furniture and vehicles: +€20,279
- Trade debts -€5,838
down €5,838 (-61.8%), from €9,441 to €3,603
- Other debts -€4,808
down €4,808 (-24.1%), from €19,986 to €15,178
- Tax, wage and social debts -€1,868
down €1,868 (-34.9%), from €5,349 to €3,480
- Reserves -€1,860
down €1,860 (-10.7%), from €17,354 to €15,494
- Depreciation +€3,419
up €3,419 (+101%), from €3,385 to €6,804
- Gross operating margin -€3,201
down €3,201 (-28.7%), from €11,140 to €7,940
- Financial charges -€1,872
down €1,872 (-84.5%), from €2,214 to €342
- Taxes -€1,815
down €1,815 (-62.9%), from €2,886 to €1,070
- Other operating charges +€447
up €447 (+16.7%), from €2,683 to €3,130
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €148,158 | €132,583 | -€15,575 | -10.5% |
| Fixed assets | 21/28 | €11,572 | €29,416 | +€17,844 | +154% |
| Tangible fixed assets | 22/27 | €11,572 | €29,416 | +€17,844 | +154% |
| Plant, machinery and equipment | 23 | €1,798 | €826 | -€972 | -54.1% |
| Furniture and vehicles | 24 | €804 | €21,082 | +€20,279 | +2,523% |
| Other tangible fixed assets | 26 | €8,969 | €7,508 | -€1,462 | -16.3% |
| Current assets | 29/58 | €136,586 | €103,167 | -€33,420 | -24.5% |
| Amounts receivable within one year | 40/41 | €57,734 | €58,227 | +€492 | +0.9% |
| Trade receivables | 40 | €52,523 | €52,987 | +€464 | +0.9% |
| Other amounts receivable | 41 | €5,211 | €5,240 | +€29 | +0.6% |
| Cash at bank and in hand | 54/58 | €75,338 | €41,365 | -€33,974 | -45.1% |
| Deferred charges and accrued income | 490/1 | €3,514 | €3,575 | +€61 | +1.7% |
| Total equity and liabilities | 10/49 | €148,158 | €132,583 | -€15,575 | -10.5% |
| Equity | 10/15 | €23,559 | €20,498 | -€3,061 | -13.0% |
| Contributions | 10/11 | €6,205 | €6,205 | = | 0.0% |
| Reserves | 13 | €17,354 | €15,494 | -€1,860 | -10.7% |
| Distributable reserves | 133 | €17,354 | €15,494 | -€1,860 | -10.7% |
| Profit (loss) carried forward | 14 | - | -€1,201 | -€1,201 | |
| Amounts payable | 17/49 | €124,598 | €112,084 | -€12,514 | -10.0% |
| Amounts payable after more than one year | 17 | €88,500 | €88,500 | = | 0.0% |
| Financial debts | 170/4 | €88,500 | €88,500 | = | 0.0% |
| Amounts payable within one year | 42/48 | €34,776 | €22,262 | -€12,514 | -36.0% |
| Trade debts | 44 | €9,441 | €3,603 | -€5,838 | -61.8% |
| Suppliers | 440/4 | €9,441 | €3,603 | -€5,838 | -61.8% |
| Taxes, remuneration and social security | 45 | €5,349 | €3,480 | -€1,868 | -34.9% |
| Taxes | 450/3 | €5,349 | €3,480 | -€1,868 | -34.9% |
| Other amounts payable | 47/48 | €19,986 | €15,178 | -€4,808 | -24.1% |
| Accrued charges and deferred income | 492/3 | €1,323 | €1,323 | = | 0.0% |
| Non-recurring operating income | 76A | - | €3,500 | +€3,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,385 | €6,804 | +€3,419 | +101% |
| Other operating charges | 640/8 | €2,683 | €3,130 | +€447 | +16.7% |
| Gross operating margin | 9900 | €11,140 | €7,940 | -€3,201 | -28.7% |
| Operating profit (loss) | 9901 | €5,072 | -€1,994 | -€7,067 | |
| Financial income | 75/76B | €323 | €346 | +€23 | +7.2% |
| Recurring financial income | 75 | €323 | €346 | +€23 | +7.2% |
| Financial charges | 65/66B | €2,214 | €342 | -€1,872 | -84.5% |
| Recurring financial charges | 65 | €2,214 | €342 | -€1,872 | -84.5% |
| Profit (loss) for the period before taxes | 9903 | €3,181 | -€1,991 | -€5,171 | |
| Income taxes | 67/77 | €2,886 | €1,070 | -€1,815 | -62.9% |
| Profit (loss) for the period | 9904 | €295 | -€3,061 | -€3,356 | |
| Profit (loss) for the period to be appropriated | 9905 | €295 | -€3,061 | -€3,356 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.