WYWIW: 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.
WYWIW
Largest movements
- Receivables within one year -€6,140
down €6,140 (-94.8%), from €6,474 to €334
of which Trade receivables: -€6,140
- Cash -€5,425
down €5,425 (-4.3%), from €126,275 to €120,850
mainly Other debts (-€28,655) and Tax, wage and social debts (-€15,752)
- Reserves +€37,880
up €37,880 (+39.8%), from €95,070 to €132,950
- Other debts -€28,655
down €28,655 (-29.6%), from €96,803 to €68,147
- Tax, wage and social debts -€15,752
down €15,752 (-51.4%), from €30,631 to €14,879
of which Remuneration and social security: -€9,349
- Debts after one year -€9,593
down €9,593 (-5.7%), from €168,394 to €158,800
- Gross operating margin -€26,989
down €26,989 (-29.7%), from €90,985 to €63,996
- Taxes -€6,556
down €6,556 (-34.3%), from €19,114 to €12,558
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 | €425,309 | €409,501 | -€15,807 | -3.7% |
| Fixed assets | 21/28 | €292,560 | €288,317 | -€4,242 | -1.5% |
| Tangible fixed assets | 22/27 | €292,560 | €288,317 | -€4,242 | -1.5% |
| Land and buildings | 22 | €292,560 | €288,317 | -€4,242 | -1.5% |
| Current assets | 29/58 | €132,749 | €121,184 | -€11,565 | -8.7% |
| Amounts receivable within one year | 40/41 | €6,474 | €334 | -€6,140 | -94.8% |
| Trade receivables | 40 | €6,140 | €0 | -€6,140 | -100% |
| Other amounts receivable | 41 | €334 | €334 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €126,275 | €120,850 | -€5,425 | -4.3% |
| Total equity and liabilities | 10/49 | €425,309 | €409,501 | -€15,807 | -3.7% |
| Equity | 10/15 | €115,412 | €152,950 | +€37,538 | +32.5% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €95,070 | €132,950 | +€37,880 | +39.8% |
| Distributable reserves | 133 | €95,070 | €132,950 | +€37,880 | +39.8% |
| Profit (loss) carried forward | 14 | €342 | €0 | -€342 | -100% |
| Amounts payable | 17/49 | €309,897 | €256,552 | -€53,345 | -17.2% |
| Amounts payable after more than one year | 17 | €168,394 | €158,800 | -€9,593 | -5.7% |
| Financial debts | 170/4 | €168,394 | €158,800 | -€9,593 | -5.7% |
| Amounts payable within one year | 42/48 | €141,503 | €97,751 | -€43,752 | -30.9% |
| Current portion of amounts payable after more than one year | 42 | €9,140 | €9,593 | +€453 | +5.0% |
| Trade debts | 44 | €4,929 | €5,131 | +€202 | +4.1% |
| Suppliers | 440/4 | €4,929 | €5,131 | +€202 | +4.1% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €30,631 | €14,879 | -€15,752 | -51.4% |
| Taxes | 450/3 | €20,682 | €14,279 | -€6,403 | -31.0% |
| Remuneration and social security | 454/9 | €9,949 | €600 | -€9,349 | -94.0% |
| Other amounts payable | 47/48 | €96,803 | €68,147 | -€28,655 | -29.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,242 | €4,242 | = | 0.0% |
| Other operating charges | 640/8 | €1,218 | €1,051 | -€167 | -13.7% |
| Gross operating margin | 9900 | €90,985 | €63,996 | -€26,989 | -29.7% |
| Operating profit (loss) | 9901 | €85,524 | €58,703 | -€26,822 | -31.4% |
| Financial income | 75/76B | €7 | €0 | -€7 | -100% |
| Recurring financial income | 75 | €7 | €0 | -€7 | -100% |
| Financial charges | 65/66B | €9,076 | €8,607 | -€469 | -5.2% |
| Recurring financial charges | 65 | €9,076 | €8,607 | -€469 | -5.2% |
| Profit (loss) for the period before taxes | 9903 | €76,456 | €50,096 | -€26,360 | -34.5% |
| Income taxes | 67/77 | €19,114 | €12,558 | -€6,556 | -34.3% |
| Profit (loss) for the period | 9904 | €57,342 | €37,538 | -€19,804 | -34.5% |
| Profit (loss) for the period to be appropriated | 9905 | €57,342 | €37,538 | -€19,804 | -34.5% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.