WICAM: 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.
WICAM
Largest movements
- Cash -€43,498
down €43,498 (-67.2%), from €64,746 to €21,248
mainly Other debts (-€37,187) and Net result for the year (-€17,065)
- Intangible fixed assets -€17,320
down €17,320 (-42.7%), from €40,556 to €23,236
- Receivables within one year +€7,401
up €7,401 (+30.4%), from €24,358 to €31,759
of which Other amounts receivable: +€12,397
- Other debts -€37,187
down €37,187 (-94.0%), from €39,555 to €2,368
- Profit (loss) carried forward -€11,297
down €11,297, from €0 to -€11,297
- Trade debts +€6,254
up €6,254 (+28.8%), from €21,751 to €28,006
- Reserves -€5,769
down €5,769 (-95.0%), from €6,072 to €304
of which Distributable reserves: -€5,769
- Tax, wage and social debts -€4,629
down €4,629 (-100%), from €4,629 to €0
- Gross operating margin -€38,338
down €38,338 (-87.8%), from €43,652 to €5,313
- Taxes -€3,564
down €3,564 (-100%), from €3,564 to €0
- Depreciation +€1,068
up €1,068 (+5.2%), from €20,705 to €21,773
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 | €135,008 | €82,381 | -€52,627 | -39.0% |
| Fixed assets | 21/28 | €45,904 | €29,220 | -€16,684 | -36.3% |
| Intangible fixed assets | 21 | €40,556 | €23,236 | -€17,320 | -42.7% |
| Tangible fixed assets | 22/27 | €5,348 | €5,984 | +€636 | +11.9% |
| Plant, machinery and equipment | 23 | €5,054 | €5,837 | +€783 | +15.5% |
| Furniture and vehicles | 24 | €294 | €147 | -€147 | -49.9% |
| Current assets | 29/58 | €89,104 | €53,161 | -€35,943 | -40.3% |
| Amounts receivable within one year | 40/41 | €24,358 | €31,759 | +€7,401 | +30.4% |
| Trade receivables | 40 | €24,358 | €19,362 | -€4,996 | -20.5% |
| Other amounts receivable | 41 | - | €12,397 | +€12,397 | |
| Cash at bank and in hand | 54/58 | €64,746 | €21,248 | -€43,498 | -67.2% |
| Deferred charges and accrued income | 490/1 | - | €153 | +€153 | |
| Total equity and liabilities | 10/49 | €135,008 | €82,381 | -€52,627 | -39.0% |
| Equity | 10/15 | €69,072 | €52,007 | -€17,065 | -24.7% |
| Contributions | 10/11 | €63,000 | €63,000 | = | 0.0% |
| Capital | 10 | €63,000 | €63,000 | = | 0.0% |
| Issued capital | 100 | €63,000 | €63,000 | = | 0.0% |
| Reserves | 13 | €6,072 | €304 | -€5,769 | -95.0% |
| Non-distributable reserves | 130/1 | €304 | €304 | = | 0.0% |
| Legal reserve | 130 | €304 | €304 | = | 0.0% |
| Distributable reserves | 133 | €5,769 | €0 | -€5,769 | -100% |
| Profit (loss) carried forward | 14 | €0 | -€11,297 | -€11,297 | |
| Amounts payable | 17/49 | €65,936 | €30,374 | -€35,562 | -53.9% |
| Amounts payable within one year | 42/48 | €65,936 | €30,374 | -€35,562 | -53.9% |
| Trade debts | 44 | €21,751 | €28,006 | +€6,254 | +28.8% |
| Suppliers | 440/4 | €21,751 | €28,006 | +€6,254 | +28.8% |
| Taxes, remuneration and social security | 45 | €4,629 | €0 | -€4,629 | -100% |
| Taxes | 450/3 | €4,629 | €0 | -€4,629 | -100% |
| Other amounts payable | 47/48 | €39,555 | €2,368 | -€37,187 | -94.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,705 | €21,773 | +€1,068 | +5.2% |
| Other operating charges | 640/8 | €440 | €446 | +€6 | +1.5% |
| Non-recurring operating charges | 66A | €1,345 | €0 | -€1,345 | -100% |
| Gross operating margin | 9900 | €43,652 | €5,313 | -€38,338 | -87.8% |
| Operating profit (loss) | 9901 | €21,162 | -€16,906 | -€38,068 | |
| Financial income | 75/76B | €34 | €0 | -€34 | -100% |
| Recurring financial income | 75 | €34 | €0 | -€34 | -100% |
| Financial charges | 65/66B | €205 | €159 | -€45 | -22.2% |
| Recurring financial charges | 65 | €205 | €159 | -€45 | -22.2% |
| Profit (loss) for the period before taxes | 9903 | €20,992 | -€17,065 | -€38,057 | |
| Income taxes | 67/77 | €3,564 | €0 | -€3,564 | -100% |
| Profit (loss) for the period | 9904 | €17,428 | -€17,065 | -€34,493 | |
| Profit (loss) for the period to be appropriated | 9905 | €17,428 | -€17,065 | -€34,493 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.