FREDERICK WYCKMANS: 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.
FREDERICK WYCKMANS
Largest movements
- Tangible fixed assets +€146,536
up €146,536 (+474%), from €30,934 to €177,471
of which Furniture and vehicles: +€143,542
- Cash +€23,840
up €23,840 (+41.1%), from €58,070 to €81,910
mainly Debts after one year (+€101,892) and Net result for the year (+€39,865)
- Receivables within one year +€3,763
up €3,763 (+14.7%), from €25,547 to €29,310
of which Other amounts receivable: +€1,923
- Deferred charges and accrued income -€3,323
down €3,323 (-53.9%), from €6,170 to €2,847
- Debts after one year +€101,892
new in 2025: €101,892
- Profit (loss) carried forward +€39,865
up €39,865 (+40.5%), from €98,404 to €138,269
- Current portion of long-term debt +€24,130
new in 2025: €24,130
- Gross operating margin +€14,943
up €14,943 (+20.4%), from €73,430 to €88,373
- Depreciation +€3,224
up €3,224 (+14.5%), from €22,251 to €25,475
- Other operating charges +€2,929
up €2,929 (+25.8%), from €11,357 to €14,286
- Taxes -€1,227
down €1,227 (-13.3%), from €9,203 to €7,976
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 | €122,387 | €293,203 | +€170,816 | +140% |
| Fixed assets | 21/28 | €32,599 | €179,136 | +€146,536 | +450% |
| Tangible fixed assets | 22/27 | €30,934 | €177,471 | +€146,536 | +474% |
| Furniture and vehicles | 24 | €30,934 | €174,476 | +€143,542 | +464% |
| Other tangible fixed assets | 26 | - | €2,995 | +€2,995 | |
| Financial fixed assets | 28 | €1,665 | €1,665 | = | 0.0% |
| Current assets | 29/58 | €89,787 | €114,067 | +€24,280 | +27.0% |
| Amounts receivable within one year | 40/41 | €25,547 | €29,310 | +€3,763 | +14.7% |
| Trade receivables | 40 | €16,884 | €18,723 | +€1,840 | +10.9% |
| Other amounts receivable | 41 | €8,664 | €10,587 | +€1,923 | +22.2% |
| Cash at bank and in hand | 54/58 | €58,070 | €81,910 | +€23,840 | +41.1% |
| Deferred charges and accrued income | 490/1 | €6,170 | €2,847 | -€3,323 | -53.9% |
| Total equity and liabilities | 10/49 | €122,387 | €293,203 | +€170,816 | +140% |
| Equity | 10/15 | €117,004 | €156,869 | +€39,865 | +34.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €98,404 | €138,269 | +€39,865 | +40.5% |
| Amounts payable | 17/49 | €5,382 | €136,333 | +€130,951 | +2,433% |
| Amounts payable after more than one year | 17 | - | €101,892 | +€101,892 | |
| Financial debts | 170/4 | - | €101,892 | +€101,892 | |
| Amounts payable within one year | 42/48 | €4,669 | €32,216 | +€27,547 | +590% |
| Current portion of amounts payable after more than one year | 42 | - | €24,130 | +€24,130 | |
| Trade debts | 44 | €3,178 | €5,969 | +€2,791 | +87.8% |
| Suppliers | 440/4 | €3,178 | €5,969 | +€2,791 | +87.8% |
| Taxes, remuneration and social security | 45 | €945 | €924 | -€21 | -2.2% |
| Taxes | 450/3 | €945 | €924 | -€21 | -2.2% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €546 | €1,194 | +€647 | +119% |
| Accrued charges and deferred income | 492/3 | €713 | €2,225 | +€1,512 | +212% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,251 | €25,475 | +€3,224 | +14.5% |
| Other operating charges | 640/8 | €11,357 | €14,286 | +€2,929 | +25.8% |
| Gross operating margin | 9900 | €73,430 | €88,373 | +€14,943 | +20.4% |
| Operating profit (loss) | 9901 | €39,822 | €48,613 | +€8,791 | +22.1% |
| Financial income | 75/76B | €258 | €0 | -€258 | -100.0% |
| Recurring financial income | 75 | €258 | €0 | -€258 | -100.0% |
| Financial charges | 65/66B | €409 | €772 | +€363 | +88.8% |
| Recurring financial charges | 65 | €409 | €772 | +€363 | +88.8% |
| Profit (loss) for the period before taxes | 9903 | €39,671 | €47,841 | +€8,170 | +20.6% |
| Income taxes | 67/77 | €9,203 | €7,976 | -€1,227 | -13.3% |
| Profit (loss) for the period | 9904 | €30,468 | €39,865 | +€9,397 | +30.8% |
| Profit (loss) for the period to be appropriated | 9905 | €30,468 | €39,865 | +€9,397 | +30.8% |
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 24 October 2026 via checked.be.