Roland WICK: 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.
Roland WICK
Largest movements
- Receivables within one year +€49,803
up €49,803 (+35.5%), from €140,428 to €190,231
of which Trade receivables: +€34,048
- Cash -€14,677
down €14,677 (-79.0%), from €18,585 to €3,908
mainly Receivables within one year (-€49,803) and Trade debts (-€12,704)
- Stocks and contracts -€14,280
down €14,280 (-12.9%), from €110,720 to €96,440
of which Contracts in progress: -€12,000
- Tangible fixed assets -€7,831
down €7,831 (-48.9%), from €16,027 to €8,195
of which Leasing and similar rights: -€4,803
- Other debts +€18,353
up €18,353 (+16.2%), from €113,436 to €131,788
- Profit (loss) carried forward +€12,834
up €12,834 (+14.4%), from €89,319 to €102,153
- Trade debts -€12,704
down €12,704 (-39.8%), from €31,887 to €19,183
- Current portion of long-term debt -€5,115
down €5,115 (-100%), from €5,115 to €0
- Gross operating margin +€13,223
up €13,223 (+28.4%), from €46,586 to €59,809
- Staff costs +€9,975
up €9,975 (+30.4%), from €32,785 to €42,760
- Financial income +€3,577
up €3,577 (+78.0%), from €4,585 to €8,162
- Depreciation -€2,804
down €2,804 (-23.7%), from €11,850 to €9,046
- Taxes +€980
up €980 (+612%), from €160 to €1,140
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 | €290,107 | €303,322 | +€13,215 | +4.6% |
| Fixed assets | 21/28 | €16,674 | €8,842 | -€7,831 | -47.0% |
| Tangible fixed assets | 22/27 | €16,027 | €8,195 | -€7,831 | -48.9% |
| Plant, machinery and equipment | 23 | €3,635 | €4,107 | +€472 | +13.0% |
| Furniture and vehicles | 24 | €7,247 | €3,746 | -€3,500 | -48.3% |
| Leasing and similar rights | 25 | €5,145 | €342 | -€4,803 | -93.4% |
| Financial fixed assets | 28 | €647 | €647 | = | 0.0% |
| Current assets | 29/58 | €273,434 | €294,480 | +€21,046 | +7.7% |
| Stocks and contracts in progress | 3 | €110,720 | €96,440 | -€14,280 | -12.9% |
| Stocks | 30/36 | €20,720 | €18,440 | -€2,280 | -11.0% |
| Contracts in progress | 37 | €90,000 | €78,000 | -€12,000 | -13.3% |
| Amounts receivable within one year | 40/41 | €140,428 | €190,231 | +€49,803 | +35.5% |
| Trade receivables | 40 | €127,085 | €161,133 | +€34,048 | +26.8% |
| Other amounts receivable | 41 | €13,343 | €29,098 | +€15,755 | +118% |
| Cash at bank and in hand | 54/58 | €18,585 | €3,908 | -€14,677 | -79.0% |
| Deferred charges and accrued income | 490/1 | €3,701 | €3,901 | +€200 | +5.4% |
| Total equity and liabilities | 10/49 | €290,107 | €303,322 | +€13,215 | +4.6% |
| Equity | 10/15 | €134,379 | €147,213 | +€12,834 | +9.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €38,860 | €38,860 | = | 0.0% |
| Distributable reserves | 133 | €38,860 | €38,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €89,319 | €102,153 | +€12,834 | +14.4% |
| Amounts payable | 17/49 | €155,728 | €156,109 | +€381 | +0.2% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €155,287 | €155,896 | +€609 | +0.4% |
| Current portion of amounts payable after more than one year | 42 | €5,115 | €0 | -€5,115 | -100% |
| Trade debts | 44 | €31,887 | €19,183 | -€12,704 | -39.8% |
| Suppliers | 440/4 | €31,887 | €19,183 | -€12,704 | -39.8% |
| Taxes, remuneration and social security | 45 | €4,850 | €4,925 | +€76 | +1.6% |
| Taxes | 450/3 | €1,620 | €1,603 | -€17 | -1.0% |
| Remuneration and social security | 454/9 | €3,230 | €3,322 | +€92 | +2.9% |
| Other amounts payable | 47/48 | €113,436 | €131,788 | +€18,353 | +16.2% |
| Accrued charges and deferred income | 492/3 | €440 | €212 | -€228 | -51.8% |
| Remuneration, social security and pensions | 62 | €32,785 | €42,760 | +€9,975 | +30.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,850 | €9,046 | -€2,804 | -23.7% |
| Other operating charges | 640/8 | €1,676 | €1,988 | +€312 | +18.6% |
| Gross operating margin | 9900 | €46,586 | €59,809 | +€13,223 | +28.4% |
| Operating profit (loss) | 9901 | €275 | €6,015 | +€5,740 | +2,088% |
| Financial income | 75/76B | €4,585 | €8,162 | +€3,577 | +78.0% |
| Recurring financial income | 75 | €4,585 | €8,162 | +€3,577 | +78.0% |
| Financial charges | 65/66B | €280 | €204 | -€76 | -27.1% |
| Recurring financial charges | 65 | €280 | €204 | -€76 | -27.1% |
| Profit (loss) for the period before taxes | 9903 | €4,581 | €13,974 | +€9,393 | +205% |
| Income taxes | 67/77 | €160 | €1,140 | +€980 | +612% |
| Profit (loss) for the period | 9904 | €4,421 | €12,834 | +€8,413 | +190% |
| Profit (loss) for the period to be appropriated | 9905 | €4,421 | €12,834 | +€8,413 | +190% |
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 21 October 2026 via checked.be.