The Wicked: 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.
The Wicked
Largest movements
- Receivables within one year -€17,814
down €17,814 (-57.4%), from €31,043 to €13,228
- Cash -€11,876
down €11,876 (-16.5%), from €72,031 to €60,155
mainly Contributions, distributions and other (-€47,327) and Other debts (-€34,325)
- Tangible fixed assets -€7,202
down €7,202 (-74.1%), from €9,716 to €2,514
of which Furniture and vehicles: -€5,735
- Current investments +€1,994
new in 2025: €1,994
- Other debts -€34,325
down €34,325 (-94.4%), from €36,371 to €2,046
- Contributions -€18,600
no longer reported in 2025 (was €18,600)
- Reserves +€11,956
up €11,956 (+41.6%), from €28,727 to €40,683
- Trade debts +€10,090
up €10,090 (+480.3%), from €2,101 to €12,191
- Current portion of long-term debt -€8,074
no longer reported in 2025 (was €8,074)
- Gross operating margin +€11,430
up €11,430 (+19.9%), from €57,543 to €68,973
- Taxes +€10,621
up €10,621 (+154.2%), from €6,889 to €17,510
- Depreciation -€1,973
down €1,973 (-19.3%), from €10,249 to €8,276
- Other operating charges +€739
up €739 (+55.8%), from €1,324 to €2,062
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.
Cash bridge derived
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 | €115,320 | €80,425 | -€34,895 | -30.3% |
| Fixed assets | 21/28 | €10,711 | €3,509 | -€7,202 | -67.2% |
| Tangible fixed assets | 22/27 | €9,716 | €2,514 | -€7,202 | -74.1% |
| Plant, machinery and equipment | 23 | €3,122 | €1,655 | -€1,467 | -47.0% |
| Furniture and vehicles | 24 | €6,594 | €859 | -€5,735 | -87.0% |
| Financial fixed assets | 28 | €995 | €995 | = | 0.0% |
| Current assets | 29/58 | €104,609 | €76,916 | -€27,693 | -26.5% |
| Amounts receivable within one year | 40/41 | €31,043 | €13,228 | -€17,814 | -57.4% |
| Trade receivables | 40 | €31,043 | €13,228 | -€17,814 | -57.4% |
| Current investments | 50/53 | - | €1,994 | +€1,994 | |
| Cash at bank and in hand | 54/58 | €72,031 | €60,155 | -€11,876 | -16.5% |
| Deferred charges and accrued income | 490/1 | €1,536 | €1,540 | +€3 | +0.2% |
| Total equity and liabilities | 10/49 | €115,320 | €80,425 | -€34,895 | -30.3% |
| Equity | 10/15 | €47,327 | €40,683 | -€6,644 | -14.0% |
| Contributions | 10/11 | €18,600 | - | -€18,600 | |
| Reserves | 13 | €28,727 | €40,683 | +€11,956 | +41.6% |
| Distributable reserves | 133 | €28,727 | €40,683 | +€11,956 | +41.6% |
| Amounts payable | 17/49 | €67,993 | €39,742 | -€28,251 | -41.6% |
| Amounts payable within one year | 42/48 | €67,993 | €39,742 | -€28,251 | -41.6% |
| Current portion of amounts payable after more than one year | 42 | €8,074 | - | -€8,074 | |
| Financial debts | 43 | €1,009 | €1,612 | +€603 | +59.8% |
| Credit institutions | 430/8 | €1,009 | €1,612 | +€603 | +59.8% |
| Trade debts | 44 | €2,101 | €12,191 | +€10,090 | +480.3% |
| Suppliers | 440/4 | €2,101 | €12,191 | +€10,090 | +480.3% |
| Taxes, remuneration and social security | 45 | €20,438 | €23,892 | +€3,455 | +16.9% |
| Taxes | 450/3 | €20,244 | €23,892 | +€3,648 | +18.0% |
| Remuneration and social security | 454/9 | €194 | - | -€194 | |
| Other amounts payable | 47/48 | €36,371 | €2,046 | -€34,325 | -94.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,249 | €8,276 | -€1,973 | -19.3% |
| Other operating charges | 640/8 | €1,324 | €2,062 | +€739 | +55.8% |
| Non-recurring operating charges | 66A | €1,441 | - | -€1,441 | |
| Gross operating margin | 9900 | €57,543 | €68,973 | +€11,430 | +19.9% |
| Operating profit (loss) | 9901 | €44,529 | €58,635 | +€14,105 | +31.7% |
| Financial income | 75/76B | €12 | €42 | +€30 | +242.4% |
| Recurring financial income | 75 | €12 | €42 | +€30 | +242.4% |
| Financial charges | 65/66B | €868 | €484 | -€384 | -44.2% |
| Recurring financial charges | 65 | €868 | €484 | -€384 | -44.2% |
| Profit (loss) for the period before taxes | 9903 | €43,674 | €58,193 | +€14,519 | +33.2% |
| Income taxes | 67/77 | €6,889 | €17,510 | +€10,621 | +154.2% |
| Profit (loss) for the period | 9904 | €36,785 | €40,683 | +€3,898 | +10.6% |
| Profit (loss) for the period to be appropriated | 9905 | €36,785 | €40,683 | +€3,898 | +10.6% |
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 11 October 2026 via checked.be.