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WIAX: 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.

What changed

WIAX

BE 0508.694.031
NACE 43.211, General electrical installation work
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€54,687
2024 · €56,288-€1,601
Equity
€139,759
2024 · €85,072+€54,687
Cash
€58,769
2024 · €63,327-€4,558
Balance sheet total
€186,025
2024 · €145,872+€40,153

Largest movements

2024 to 2025
Assets
  • Receivables within one year +€49,309

    up €49,309 (+118%), from €41,762 to €91,071

    of which Other amounts receivable: +€51,658

  • Tangible fixed assets -€7,125

    down €7,125 (-18.4%), from €38,707 to €31,582

    of which Furniture and vehicles: -€8,731

  • Cash -€4,558

    down €4,558 (-7.2%), from €63,327 to €58,769

    mainly Receivables within one year (-€49,309) and Debts after one year (-€10,785)

  • Deferred charges and accrued income +€2,527

    up €2,527 (+191%), from €1,326 to €3,853

Equity and liabilities
  • Reserves +€54,687

    up €54,687 (+64.3%), from €85,072 to €139,759

  • Debts after one year -€10,785

    down €10,785 (-43.4%), from €24,846 to €14,061

  • Other debts -€6,254

    no longer reported in 2025 (was €6,254)

Income statement
  • Gross operating margin -€2,392

    down €2,392 (-2.5%), from €94,244 to €91,852

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €56,288
Gross operating margin -€2,392
Depreciation -€51
Other operating charges +€14
Financial income -€34
Financial charges +€502
Taxes +€360
Result 2025 €54,687
raises the resultlowers the result

Derived cash bridge

cash 2024 to 2025

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.

From operations +€10,569
Investment -€5,620
Financing -€9,508
Cash 2024 €63,327
Net result for the year +€54,687
Depreciation +€12,745
Receivables within one year -€49,309
Deferred charges and accrued income -€2,527
Trade debts +€1,609
Tax, wage and social debts +€440
Other debts -€6,254
Accrued charges and deferred income -€820
Investment in fixed assets (net) -€5,620
Debts after one year -€10,785
Current portion of long-term debt +€1,277
Cash 2025 €58,769
brings cash intakes cash out
Every line side by side 41 lines
Line Code 2024 2025 Change %
Total assets 20/58 €145,872 €186,025 +€40,153 +27.5%
Formation expenses 20 €0 €0 =
Fixed assets 21/28 €39,457 €32,332 -€7,125 -18.1%
Tangible fixed assets 22/27 €38,707 €31,582 -€7,125 -18.4%
Plant, machinery and equipment 23 €334 €165 -€169 -50.6%
Furniture and vehicles 24 €38,372 €29,641 -€8,731 -22.8%
Other tangible fixed assets 26 €0 €1,775 +€1,775
Financial fixed assets 28 €750 €750 = 0.0%
Current assets 29/58 €106,415 €153,693 +€47,278 +44.4%
Amounts receivable within one year 40/41 €41,762 €91,071 +€49,309 +118%
Trade receivables 40 €39,785 €37,437 -€2,348 -5.9%
Other amounts receivable 41 €1,976 €53,634 +€51,658 +2,614%
Cash at bank and in hand 54/58 €63,327 €58,769 -€4,558 -7.2%
Deferred charges and accrued income 490/1 €1,326 €3,853 +€2,527 +191%
Total equity and liabilities 10/49 €145,872 €186,025 +€40,153 +27.5%
Equity 10/15 €85,072 €139,759 +€54,687 +64.3%
Reserves 13 €85,072 €139,759 +€54,687 +64.3%
Distributable reserves 133 €85,072 €139,759 +€54,687 +64.3%
Amounts payable 17/49 €60,800 €46,267 -€14,533 -23.9%
Amounts payable after more than one year 17 €24,846 €14,061 -€10,785 -43.4%
Financial debts 170/4 €24,846 €14,061 -€10,785 -43.4%
Amounts payable within one year 42/48 €35,054 €32,125 -€2,929 -8.4%
Current portion of amounts payable after more than one year 42 €10,388 €11,665 +€1,277 +12.3%
Trade debts 44 €2,863 €4,471 +€1,609 +56.2%
Suppliers 440/4 €2,863 €4,471 +€1,609 +56.2%
Taxes, remuneration and social security 45 €15,548 €15,988 +€440 +2.8%
Taxes 450/3 €15,548 €15,988 +€440 +2.8%
Other amounts payable 47/48 €6,254 - -€6,254
Accrued charges and deferred income 492/3 €900 €80 -€820 -91.1%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €12,693 €12,745 +€51 +0.4%
Other operating charges 640/8 €1,067 €1,053 -€14 -1.3%
Gross operating margin 9900 €94,244 €91,852 -€2,392 -2.5%
Operating profit (loss) 9901 €80,484 €78,054 -€2,430 -3.0%
Financial income 75/76B €34 €0 -€34 -100.0%
Recurring financial income 75 €34 €0 -€34 -100.0%
Financial charges 65/66B €1,777 €1,274 -€502 -28.3%
Recurring financial charges 65 €1,777 €1,274 -€502 -28.3%
Profit (loss) for the period before taxes 9903 €78,741 €76,780 -€1,961 -2.5%
Income taxes 67/77 €22,453 €22,093 -€360 -1.6%
Profit (loss) for the period 9904 €56,288 €54,687 -€1,601 -2.8%
Profit (loss) for the period to be appropriated 9905 €56,288 €54,687 -€1,601 -2.8%

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 13 October 2026 via checked.be.