WICA ASSOCIATES: what changed
WICA ASSOCIATES
Largest movements
- Receivables within one year -€25,014
down €25,014 (-44.3%), from €56,445 to €31,431
of which Other amounts receivable: -€14,872
- Cash +€13,967
new in 2025: €13,967
mainly Receivables within one year (+€25,014) and Depreciation (+€5,158)
- Tangible fixed assets -€5,158
down €5,158 (-21.6%), from €23,838 to €18,680
of which Furniture and vehicles: -€3,748
- Deferred charges and accrued income -€2,178
down €2,178 (-57.3%), from €3,801 to €1,623
- Short-term financial debts -€9,574
no longer reported in 2025 (was €9,574)
- Tax, wage and social debts -€3,839
down €3,839 (-18.7%), from €20,497 to €16,658
of which Remuneration and social security: -€2,800
- Trade debts -€2,644
down €2,644 (-81.5%), from €3,246 to €602
- Profit (loss) carried forward -€2,061
down €2,061 (-7.8%), from €26,458 to €24,397
- Gross operating margin -€12,909
down €12,909 (-69.6%), from €18,537 to €5,628
- Taxes -€2,861
down €2,861 (-77.4%), from €3,698 to €837
- Financial income -€1,484
down €1,484 (-92.3%), from €1,607 to €123
- Depreciation -€481
down €481 (-8.5%), from €5,639 to €5,158
- Financial charges -€410
down €410 (-25.6%), from €1,600 to €1,190
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €84,084 | €65,701 | -€18,383 | -21.9% |
| Fixed assets | 21/28 | €23,838 | €18,680 | -€5,158 | -21.6% |
| Tangible fixed assets | 22/27 | €23,838 | €18,680 | -€5,158 | -21.6% |
| Furniture and vehicles | 24 | €9,276 | €5,528 | -€3,748 | -40.4% |
| Other tangible fixed assets | 26 | €14,562 | €13,152 | -€1,410 | -9.7% |
| Current assets | 29/58 | €60,246 | €47,021 | -€13,225 | -22.0% |
| Amounts receivable within one year | 40/41 | €56,445 | €31,431 | -€25,014 | -44.3% |
| Trade receivables | 40 | €27,445 | €17,303 | -€10,142 | -37.0% |
| Other amounts receivable | 41 | €29,000 | €14,128 | -€14,872 | -51.3% |
| Cash at bank and in hand | 54/58 | - | €13,967 | +€13,967 | |
| Deferred charges and accrued income | 490/1 | €3,801 | €1,623 | -€2,178 | -57.3% |
| Total equity and liabilities | 10/49 | €84,084 | €65,701 | -€18,383 | -21.9% |
| Equity | 10/15 | €50,502 | €48,441 | -€2,061 | -4.1% |
| Contributions | 10/11 | €8,060 | €8,060 | = | 0.0% |
| Reserves | 13 | €15,984 | €15,984 | = | 0.0% |
| Tax-exempt reserves | 132 | €15,984 | €15,984 | = | 0.0% |
| Profit (loss) carried forward | 14 | €26,458 | €24,397 | -€2,061 | -7.8% |
| Amounts payable | 17/49 | €33,582 | €17,260 | -€16,322 | -48.6% |
| Amounts payable within one year | 42/48 | €33,317 | €17,260 | -€16,057 | -48.2% |
| Financial debts | 43 | €9,574 | - | -€9,574 | |
| Other loans | 439 | €9,574 | - | -€9,574 | |
| Trade debts | 44 | €3,246 | €602 | -€2,644 | -81.5% |
| Suppliers | 440/4 | €3,246 | €602 | -€2,644 | -81.5% |
| Taxes, remuneration and social security | 45 | €20,497 | €16,658 | -€3,839 | -18.7% |
| Taxes | 450/3 | €17,697 | €16,658 | -€1,039 | -5.9% |
| Remuneration and social security | 454/9 | €2,800 | - | -€2,800 | |
| Accrued charges and deferred income | 492/3 | €265 | - | -€265 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,639 | €5,158 | -€481 | -8.5% |
| Other operating charges | 640/8 | €573 | €627 | +€54 | +9.4% |
| Gross operating margin | 9900 | €18,537 | €5,628 | -€12,909 | -69.6% |
| Operating profit (loss) | 9901 | €12,325 | -€157 | -€12,482 | |
| Financial income | 75/76B | €1,607 | €123 | -€1,484 | -92.3% |
| Recurring financial income | 75 | €1,607 | €123 | -€1,484 | -92.3% |
| Financial charges | 65/66B | €1,600 | €1,190 | -€410 | -25.6% |
| Recurring financial charges | 65 | €1,600 | €1,190 | -€410 | -25.6% |
| Profit (loss) for the period before taxes | 9903 | €12,332 | -€1,224 | -€13,556 | |
| Income taxes | 67/77 | €3,698 | €837 | -€2,861 | -77.4% |
| Profit (loss) for the period | 9904 | €8,634 | -€2,061 | -€10,695 | |
| Profit (loss) for the period to be appropriated | 9905 | €8,634 | -€2,061 | -€10,695 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.