KURT WYCKMAN: what changed
KURT WYCKMAN
Largest movements
- Tangible fixed assets -€13,191
down €13,191 (-4.9%), from €269,161 to €255,970
of which Land and buildings: -€9,348
- Cash +€8,047
up €8,047 (+82.5%), from €9,756 to €17,803
mainly Depreciation (+€13,191) and Net result for the year (+€12,630)
- Deferred charges and accrued income -€2,967
down €2,967 (-28.5%), from €10,411 to €7,443
- Debts after one year -€22,438
down €22,438 (-19.7%), from €114,062 to €91,624
- Reserves +€15,000
up €15,000 (+98.4%), from €15,241 to €30,241
of which Distributable reserves: +€15,000
- Trade debts -€12,206
down €12,206 (-63.1%), from €19,344 to €7,138
- Tax, wage and social debts +€11,420
up €11,420 (+79.8%), from €14,309 to €25,729
- Other debts +€4,865
up €4,865 (+416%), from €1,168 to €6,033
- Gross operating margin +€4,640
up €4,640 (+12.2%), from €37,927 to €42,567
- Other operating charges +€1,944
up €1,944 (+274%), from €710 to €2,654
- Financial charges -€1,804
down €1,804 (-26.5%), from €6,813 to €5,009
- Taxes +€1,625
up €1,625 (+21.7%), from €7,487 to €9,112
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 | €289,328 | €281,217 | -€8,111 | -2.8% |
| Fixed assets | 21/28 | €269,161 | €255,970 | -€13,191 | -4.9% |
| Tangible fixed assets | 22/27 | €269,161 | €255,970 | -€13,191 | -4.9% |
| Land and buildings | 22 | €255,824 | €246,476 | -€9,348 | -3.7% |
| Furniture and vehicles | 24 | €13,337 | €9,494 | -€3,843 | -28.8% |
| Current assets | 29/58 | €20,167 | €25,247 | +€5,080 | +25.2% |
| Cash at bank and in hand | 54/58 | €9,756 | €17,803 | +€8,047 | +82.5% |
| Deferred charges and accrued income | 490/1 | €10,411 | €7,443 | -€2,967 | -28.5% |
| Total equity and liabilities | 10/49 | €289,328 | €281,217 | -€8,111 | -2.8% |
| Equity | 10/15 | €112,625 | €125,255 | +€12,630 | +11.2% |
| Contributions | 10/11 | €93,600 | €93,600 | = | 0.0% |
| Reserves | 13 | €15,241 | €30,241 | +€15,000 | +98.4% |
| Non-distributable reserves | 130/1 | €241 | €241 | = | 0.0% |
| Other | 1319 | €241 | €241 | = | 0.0% |
| Distributable reserves | 133 | €15,000 | €30,000 | +€15,000 | +100% |
| Profit (loss) carried forward | 14 | €3,784 | €1,414 | -€2,370 | -62.6% |
| Amounts payable | 17/49 | €176,703 | €155,962 | -€20,741 | -11.7% |
| Amounts payable after more than one year | 17 | €114,062 | €91,624 | -€22,438 | -19.7% |
| Financial debts | 170/4 | €114,062 | €91,624 | -€22,438 | -19.7% |
| Amounts payable within one year | 42/48 | €57,260 | €61,338 | +€4,079 | +7.1% |
| Current portion of amounts payable after more than one year | 42 | €22,438 | €22,438 | = | 0.0% |
| Trade debts | 44 | €19,344 | €7,138 | -€12,206 | -63.1% |
| Suppliers | 440/4 | €19,344 | €7,138 | -€12,206 | -63.1% |
| Taxes, remuneration and social security | 45 | €14,309 | €25,729 | +€11,420 | +79.8% |
| Taxes | 450/3 | €14,309 | €25,729 | +€11,420 | +79.8% |
| Other amounts payable | 47/48 | €1,168 | €6,033 | +€4,865 | +416% |
| Accrued charges and deferred income | 492/3 | €5,381 | €3,000 | -€2,381 | -44.3% |
| Non-recurring operating income | 76A | €3,757 | - | -€3,757 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,191 | €13,191 | = | 0.0% |
| Other operating charges | 640/8 | €710 | €2,654 | +€1,944 | +274% |
| Gross operating margin | 9900 | €37,927 | €42,567 | +€4,640 | +12.2% |
| Operating profit (loss) | 9901 | €24,026 | €26,722 | +€2,696 | +11.2% |
| Financial income | 75/76B | €35 | €29 | -€6 | -17.9% |
| Recurring financial income | 75 | €35 | €29 | -€6 | -17.9% |
| Financial charges | 65/66B | €6,813 | €5,009 | -€1,804 | -26.5% |
| Recurring financial charges | 65 | €6,813 | €5,009 | -€1,804 | -26.5% |
| Profit (loss) for the period before taxes | 9903 | €17,248 | €21,742 | +€4,494 | +26.1% |
| Income taxes | 67/77 | €7,487 | €9,112 | +€1,625 | +21.7% |
| Profit (loss) for the period | 9904 | €9,761 | €12,630 | +€2,869 | +29.4% |
| Profit (loss) for the period to be appropriated | 9905 | €9,761 | €12,630 | +€2,869 | +29.4% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.