WHICCONS: what changed
Two fiscal 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.
WHICCONS
Largest movements
- Receivables after one year -€70,000
down €70,000 (-100.0%), from €70,000 to €0
- Receivables within one year +€23,953
up €23,953 (+99.1%), from €24,178 to €48,131
of which Other amounts receivable: +€23,511
- Deferred charges and accrued income +€21,858
up €21,858 (+781.1%), from €2,798 to €24,656
- Current investments -€5,282
down €5,282 (-8.3%), from €63,848 to €58,566
- Tangible fixed assets -€3,548
down €3,548 (-34.3%), from €10,341 to €6,792
of which Furniture and vehicles: -€2,810
- Reserves -€32,168
down €32,168 (-18.2%), from €177,116 to €144,948
- Depreciation -€6,406
down €6,406 (-57.6%), from €11,128 to €4,722
- Financial charges +€4,988
up €4,988 (+615.1%), from €811 to €5,799
- Gross operating margin +€4,450
up €4,450 (+6.5%), from €68,838 to €73,288
- Taxes +€4,080
up €4,080 (+24.8%), from €16,422 to €20,503
- Financial income +€3,945
up €3,945 (+132.9%), from €2,969 to €6,914
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 | €203,857 | €171,804 | -€32,053 | -15.7% |
| Fixed assets | 21/28 | €10,341 | €6,792 | -€3,548 | -34.3% |
| Tangible fixed assets | 22/27 | €10,341 | €6,792 | -€3,548 | -34.3% |
| Plant, machinery and equipment | 23 | €4,298 | €3,559 | -€739 | -17.2% |
| Furniture and vehicles | 24 | €6,043 | €3,233 | -€2,810 | -46.5% |
| Current assets | 29/58 | €193,516 | €165,011 | -€28,505 | -14.7% |
| Amounts receivable after more than one year | 29 | €70,000 | €0 | -€70,000 | -100.0% |
| Other amounts receivable | 291 | €70,000 | €0 | -€70,000 | -100.0% |
| Amounts receivable within one year | 40/41 | €24,178 | €48,131 | +€23,953 | +99.1% |
| Trade receivables | 40 | €12,076 | €12,517 | +€442 | +3.7% |
| Other amounts receivable | 41 | €12,102 | €35,613 | +€23,511 | +194.3% |
| Current investments | 50/53 | €63,848 | €58,566 | -€5,282 | -8.3% |
| Cash at bank and in hand | 54/58 | €32,692 | €33,658 | +€967 | +3.0% |
| Deferred charges and accrued income | 490/1 | €2,798 | €24,656 | +€21,858 | +781.1% |
| Total equity and liabilities | 10/49 | €203,857 | €171,804 | -€32,053 | -15.7% |
| Equity | 10/15 | €195,716 | €163,548 | -€32,168 | -16.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €177,116 | €144,948 | -€32,168 | -18.2% |
| Distributable reserves | 133 | €177,116 | €144,948 | -€32,168 | -18.2% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €8,141 | €8,256 | +€115 | +1.4% |
| Amounts payable within one year | 42/48 | €8,141 | €8,256 | +€115 | +1.4% |
| Trade debts | 44 | €2,384 | €640 | -€1,744 | -73.2% |
| Suppliers | 440/4 | €2,384 | €640 | -€1,744 | -73.2% |
| Taxes, remuneration and social security | 45 | €5,757 | €7,616 | +€1,860 | +32.3% |
| Taxes | 450/3 | €5,757 | €7,616 | +€1,860 | +32.3% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,128 | €4,722 | -€6,406 | -57.6% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €68,838 | €73,288 | +€4,450 | +6.5% |
| Operating profit (loss) | 9901 | €57,323 | €68,167 | +€10,844 | +18.9% |
| Financial income | 75/76B | €2,969 | €6,914 | +€3,945 | +132.9% |
| Recurring financial income | 75 | €2,969 | €6,914 | +€3,945 | +132.9% |
| Financial charges | 65/66B | €811 | €5,799 | +€4,988 | +615.1% |
| Recurring financial charges | 65 | €811 | €5,799 | +€4,988 | +615.1% |
| Profit (loss) for the period before taxes | 9903 | €59,481 | €69,282 | +€9,801 | +16.5% |
| Income taxes | 67/77 | €16,422 | €20,503 | +€4,080 | +24.8% |
| Profit (loss) for the period | 9904 | €43,059 | €48,779 | +€5,721 | +13.3% |
| Profit (loss) for the period to be appropriated | 9905 | €43,059 | €48,779 | +€5,721 | +13.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.