De Wiqui: 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.
De Wiqui
Largest movements
- Cash -€67,487
down €67,487 (-83.6%), from €80,747 to €13,261
mainly Other debts (-€71,148) and Debts after one year (-€28,168)
- Tangible fixed assets -€21,267
down €21,267 (-6.8%), from €314,586 to €293,318
of which Plant, machinery and equipment: -€13,192
- Receivables within one year -€16,966
down €16,966 (-52.9%), from €32,085 to €15,119
of which Trade receivables: -€9,778
- Stocks and contracts +€8,500
up €8,500 (+6.1%), from €138,581 to €147,081
- Other debts -€71,148
down €71,148 (-33.9%), from €210,066 to €138,918
- Debts after one year -€28,168
down €28,168 (-35.4%), from €79,481 to €51,313
- Gross operating margin -€33,792
down €33,792 (-55.2%), from €61,222 to €27,430
- Depreciation -€27,102
down €27,102 (-56.0%), from €48,369 to €21,267
- Taxes -€2,479
down €2,479 (-66.9%), from €3,708 to €1,229
- Financial income -€2,357
down €2,357 (-85.7%), from €2,748 to €392
- Financial charges +€1,107
up €1,107 (+49.0%), from €2,260 to €3,367
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 | €567,539 | €471,216 | -€96,323 | -17.0% |
| Fixed assets | 21/28 | €314,586 | €293,318 | -€21,267 | -6.8% |
| Tangible fixed assets | 22/27 | €314,586 | €293,318 | -€21,267 | -6.8% |
| Land and buildings | 22 | €290,723 | €282,648 | -€8,075 | -2.8% |
| Plant, machinery and equipment | 23 | €23,863 | €10,671 | -€13,192 | -55.3% |
| Current assets | 29/58 | €252,954 | €177,898 | -€75,056 | -29.7% |
| Stocks and contracts in progress | 3 | €138,581 | €147,081 | +€8,500 | +6.1% |
| Stocks | 30/36 | €138,581 | €147,081 | +€8,500 | +6.1% |
| Amounts receivable within one year | 40/41 | €32,085 | €15,119 | -€16,966 | -52.9% |
| Trade receivables | 40 | €17,243 | €7,464 | -€9,778 | -56.7% |
| Other amounts receivable | 41 | €14,842 | €7,655 | -€7,188 | -48.4% |
| Cash at bank and in hand | 54/58 | €80,747 | €13,261 | -€67,487 | -83.6% |
| Deferred charges and accrued income | 490/1 | €1,541 | €2,438 | +€897 | +58.2% |
| Total equity and liabilities | 10/49 | €567,539 | €471,216 | -€96,323 | -17.0% |
| Equity | 10/15 | €235,105 | €233,713 | -€1,391 | -0.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €50,000 | €50,000 | = | 0.0% |
| Distributable reserves | 133 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €180,105 | €178,713 | -€1,391 | -0.8% |
| Amounts payable | 17/49 | €332,435 | €237,503 | -€94,932 | -28.6% |
| Amounts payable after more than one year | 17 | €79,481 | €51,313 | -€28,168 | -35.4% |
| Financial debts | 170/4 | €79,481 | €51,313 | -€28,168 | -35.4% |
| Amounts payable within one year | 42/48 | €252,953 | €186,190 | -€66,764 | -26.4% |
| Current portion of amounts payable after more than one year | 42 | €27,468 | €28,168 | +€700 | +2.5% |
| Financial debts | 43 | - | €50 | +€50 | |
| Credit institutions | 430/8 | - | €50 | +€50 | |
| Trade debts | 44 | €12,663 | €15,158 | +€2,495 | +19.7% |
| Suppliers | 440/4 | €12,663 | €15,158 | +€2,495 | +19.7% |
| Taxes, remuneration and social security | 45 | €2,757 | €3,895 | +€1,139 | +41.3% |
| Taxes | 450/3 | €2,757 | €3,895 | +€1,139 | +41.3% |
| Other amounts payable | 47/48 | €210,066 | €138,918 | -€71,148 | -33.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €48,369 | €21,267 | -€27,102 | -56.0% |
| Other operating charges | 640/8 | €1,455 | €1,683 | +€229 | +15.7% |
| Gross operating margin | 9900 | €61,222 | €27,430 | -€33,792 | -55.2% |
| Operating profit (loss) | 9901 | €11,398 | €4,479 | -€6,919 | -60.7% |
| Financial income | 75/76B | €2,748 | €392 | -€2,357 | -85.7% |
| Recurring financial income | 75 | €2,748 | €392 | -€2,357 | -85.7% |
| Financial charges | 65/66B | €2,260 | €3,367 | +€1,107 | +49.0% |
| Recurring financial charges | 65 | €2,260 | €3,367 | +€1,107 | +49.0% |
| Profit (loss) for the period before taxes | 9903 | €11,886 | €1,503 | -€10,383 | -87.4% |
| Income taxes | 67/77 | €3,708 | €1,229 | -€2,479 | -66.9% |
| Profit (loss) for the period | 9904 | €8,178 | €275 | -€7,904 | -96.6% |
| Profit (loss) for the period to be appropriated | 9905 | €8,178 | €275 | -€7,904 | -96.6% |
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 22 October 2026 via checked.be.