WICA: 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.
WICA
Largest movements
- Tangible fixed assets +€192,471
up €192,471 (+51.5%), from €373,623 to €566,094
of which Land and buildings: +€177,586
- Receivables within one year +€113,015
up €113,015 (+72.9%), from €154,975 to €267,990
of which Trade receivables: +€107,817
- Deferred charges and accrued income +€69,668
up €69,668 (+631.2%), from €11,037 to €80,705
- Debts after one year +€126,652
up €126,652 (+45.7%), from €277,267 to €403,919
- Reserves +€100,440
up €100,440 (+45.8%), from €219,428 to €319,869
of which Distributable reserves: +€100,440
- Trade debts +€83,202
up €83,202 (+593.0%), from €14,031 to €97,233
- Other debts +€48,490
up €48,490 (+30306306.3%), from €0 to €48,490
- Tax, wage and social debts +€15,300
up €15,300 (+125.3%), from €12,206 to €27,506
of which Taxes: +€15,682
- Gross operating margin +€82,419
up €82,419 (+26.1%), from €315,312 to €397,731
- Taxes +€21,007
up €21,007 (+27.1%), from €77,525 to €98,531
- Depreciation +€7,711
up €7,711 (+37.0%), from €20,864 to €28,575
- Other operating charges -€6,370
down €6,370 (-64.1%), from €9,935 to €3,566
- Financial charges +€4,422
up €4,422 (+32.0%), from €13,807 to €18,229
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 | €576,861 | €957,755 | +€380,895 | +66.0% |
| Fixed assets | 21/28 | €374,123 | €566,594 | +€192,471 | +51.4% |
| Tangible fixed assets | 22/27 | €373,623 | €566,094 | +€192,471 | +51.5% |
| Land and buildings | 22 | €322,040 | €499,627 | +€177,586 | +55.1% |
| Plant, machinery and equipment | 23 | €17,755 | €15,116 | -€2,639 | -14.9% |
| Furniture and vehicles | 24 | €33,828 | €21,352 | -€12,476 | -36.9% |
| Assets under construction and advance payments | 27 | - | €30,000 | +€30,000 | |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €202,738 | €391,162 | +€188,423 | +92.9% |
| Amounts receivable within one year | 40/41 | €154,975 | €267,990 | +€113,015 | +72.9% |
| Trade receivables | 40 | €145,698 | €253,515 | +€107,817 | +74.0% |
| Other amounts receivable | 41 | €9,278 | €14,475 | +€5,198 | +56.0% |
| Cash at bank and in hand | 54/58 | €36,725 | €42,466 | +€5,741 | +15.6% |
| Deferred charges and accrued income | 490/1 | €11,037 | €80,705 | +€69,668 | +631.2% |
| Total equity and liabilities | 10/49 | €576,861 | €957,755 | +€380,895 | +66.0% |
| Equity | 10/15 | €237,978 | €338,419 | +€100,440 | +42.2% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €219,428 | €319,869 | +€100,440 | +45.8% |
| Tax-exempt reserves | 132 | €26,223 | €26,223 | = | 0.0% |
| Distributable reserves | 133 | €193,205 | €293,645 | +€100,440 | +52.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €338,883 | €619,337 | +€280,454 | +82.8% |
| Amounts payable after more than one year | 17 | €277,267 | €403,919 | +€126,652 | +45.7% |
| Financial debts | 170/4 | €277,267 | €403,919 | +€126,652 | +45.7% |
| Amounts payable within one year | 42/48 | €61,500 | €212,411 | +€150,911 | +245.4% |
| Current portion of amounts payable after more than one year | 42 | €35,263 | €39,182 | +€3,919 | +11.1% |
| Financial debts | 43 | €0 | - | = | |
| Other loans | 439 | €0 | - | = | |
| Trade debts | 44 | €14,031 | €97,233 | +€83,202 | +593.0% |
| Suppliers | 440/4 | €14,031 | €97,233 | +€83,202 | +593.0% |
| Taxes, remuneration and social security | 45 | €12,206 | €27,506 | +€15,300 | +125.3% |
| Taxes | 450/3 | €3,957 | €19,639 | +€15,682 | +396.3% |
| Remuneration and social security | 454/9 | €8,249 | €7,867 | -€382 | -4.6% |
| Other amounts payable | 47/48 | €0 | €48,490 | +€48,490 | +30306306.3% |
| Accrued charges and deferred income | 492/3 | €115 | €3,006 | +€2,891 | +2514.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,864 | €28,575 | +€7,711 | +37.0% |
| Other operating charges | 640/8 | €9,935 | €3,566 | -€6,370 | -64.1% |
| Gross operating margin | 9900 | €315,312 | €397,731 | +€82,419 | +26.1% |
| Operating profit (loss) | 9901 | €284,512 | €365,590 | +€81,078 | +28.5% |
| Financial income | 75/76B | €24 | €1,611 | +€1,587 | +6706.9% |
| Recurring financial income | 75 | €24 | €1,611 | +€1,587 | +6706.9% |
| Financial charges | 65/66B | €13,807 | €18,229 | +€4,422 | +32.0% |
| Recurring financial charges | 65 | €13,807 | €18,229 | +€4,422 | +32.0% |
| Profit (loss) for the period before taxes | 9903 | €270,729 | €348,972 | +€78,242 | +28.9% |
| Income taxes | 67/77 | €77,525 | €98,531 | +€21,007 | +27.1% |
| Profit (loss) for the period | 9904 | €193,205 | €250,440 | +€57,236 | +29.6% |
| Profit (loss) for the period to be appropriated | 9905 | €193,205 | €250,440 | +€57,236 | +29.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 August 2024 and 31 August 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.