WICALO: 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.
WICALO
Largest movements
- Cash +€112,862
up €112,862 (+622%), from €18,146 to €131,008
mainly Other debts (+€145,473) and Net result for the year (+€55,947)
- Receivables after one year -€30,000
down €30,000 (-6.7%), from €450,000 to €420,000
- Tangible fixed assets -€25,225
down €25,225 (-20.8%), from €121,149 to €95,924
of which Furniture and vehicles: -€21,244
- Receivables within one year -€11,272
down €11,272 (-52.1%), from €21,620 to €10,348
of which Trade receivables: -€18,975
- Other debts +€145,473
up €145,473 (+339%), from €42,949 to €188,422
- Reserves -€124,051
down €124,051 (-19.7%), from €631,140 to €507,089
of which Distributable reserves: -€124,051
- Tax, wage and social debts +€22,194
up €22,194 (+340%), from €6,528 to €28,722
of which Remuneration and social security: +€11,488
- Staff costs +€17,199
up €17,199 (+68.8%), from €24,994 to €42,193
- Financial income -€8,846
down €8,846 (-36.1%), from €24,487 to €15,641
of which Non-recurring financial income: -€9,370
- Financial charges +€4,696
up €4,696 (+50.9%), from €9,234 to €13,930
of which Non-recurring financial charges: +€4,928
- Taxes -€3,050
down €3,050 (-11.3%), from €26,951 to €23,901
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.
Derived cash bridge
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 | €696,668 | €739,186 | +€42,518 | +6.1% |
| Fixed assets | 21/28 | €121,149 | €95,924 | -€25,225 | -20.8% |
| Tangible fixed assets | 22/27 | €121,149 | €95,924 | -€25,225 | -20.8% |
| Land and buildings | 22 | €26,252 | €24,763 | -€1,489 | -5.7% |
| Plant, machinery and equipment | 23 | €22,945 | €20,453 | -€2,492 | -10.9% |
| Furniture and vehicles | 24 | €71,951 | €50,707 | -€21,244 | -29.5% |
| Current assets | 29/58 | €575,520 | €643,262 | +€67,743 | +11.8% |
| Amounts receivable after more than one year | 29 | €450,000 | €420,000 | -€30,000 | -6.7% |
| Other amounts receivable | 291 | €450,000 | €420,000 | -€30,000 | -6.7% |
| Amounts receivable within one year | 40/41 | €21,620 | €10,348 | -€11,272 | -52.1% |
| Trade receivables | 40 | €18,975 | €0 | -€18,975 | -100% |
| Other amounts receivable | 41 | €2,645 | €10,348 | +€7,703 | +291% |
| Current investments | 50/53 | €83,967 | €79,039 | -€4,928 | -5.9% |
| Cash at bank and in hand | 54/58 | €18,146 | €131,008 | +€112,862 | +622% |
| Deferred charges and accrued income | 490/1 | €1,787 | €2,868 | +€1,081 | +60.5% |
| Total equity and liabilities | 10/49 | €696,668 | €739,186 | +€42,518 | +6.1% |
| Equity | 10/15 | €643,540 | €519,489 | -€124,051 | -19.3% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €631,140 | €507,089 | -€124,051 | -19.7% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €629,280 | €505,229 | -€124,051 | -19.7% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €53,128 | €219,697 | +€166,569 | +314% |
| Amounts payable within one year | 42/48 | €53,128 | €219,697 | +€166,569 | +314% |
| Current portion of amounts payable after more than one year | 42 | €1,842 | €1,834 | -€8 | -0.4% |
| Trade debts | 44 | €1,808 | €718 | -€1,090 | -60.3% |
| Suppliers | 440/4 | €1,808 | €718 | -€1,090 | -60.3% |
| Taxes, remuneration and social security | 45 | €6,528 | €28,722 | +€22,194 | +340% |
| Taxes | 450/3 | €0 | €10,706 | +€10,706 | |
| Remuneration and social security | 454/9 | €6,528 | €18,016 | +€11,488 | +176% |
| Other amounts payable | 47/48 | €42,949 | €188,422 | +€145,473 | +339% |
| Remuneration, social security and pensions | 62 | €24,994 | €42,193 | +€17,199 | +68.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,415 | €27,625 | +€1,210 | +4.6% |
| Other operating charges | 640/8 | €1,082 | €610 | -€473 | -43.7% |
| Gross operating margin | 9900 | €149,023 | €148,564 | -€459 | -0.3% |
| Operating profit (loss) | 9901 | €96,532 | €78,138 | -€18,395 | -19.1% |
| Financial income | 75/76B | €24,487 | €15,641 | -€8,846 | -36.1% |
| Recurring financial income | 75 | €6,477 | €7,000 | +€524 | +8.1% |
| Non-recurring financial income | 76B | €18,010 | €8,640 | -€9,370 | -52.0% |
| Financial charges | 65/66B | €9,234 | €13,930 | +€4,696 | +50.9% |
| Recurring financial charges | 65 | €593 | €361 | -€232 | -39.2% |
| Non-recurring financial charges | 66B | €8,640 | €13,569 | +€4,928 | +57.0% |
| Profit (loss) for the period before taxes | 9903 | €111,785 | €79,849 | -€31,937 | -28.6% |
| Income taxes | 67/77 | €26,951 | €23,901 | -€3,050 | -11.3% |
| Profit (loss) for the period | 9904 | €84,834 | €55,947 | -€28,887 | -34.1% |
| Profit (loss) for the period to be appropriated | 9905 | €84,834 | €55,947 | -€28,887 | -34.1% |
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 29 October 2026 via checked.be.