WICKELS: 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.
WICKELS
Largest movements
- Tangible fixed assets -€23,161
down €23,161 (-47.5%), from €48,806 to €25,645
of which Plant, machinery and equipment: -€21,780
- Receivables within one year -€17,299
down €17,299 (-68.6%), from €25,200 to €7,901
of which Trade receivables: -€16,554
- Cash +€10,496
up €10,496 (+138.5%), from €7,579 to €18,075
mainly Net result for the year (+€27,753) and Depreciation (+€23,617)
- Deferred charges and accrued income +€1,307
up €1,307 (+132.7%), from €985 to €2,292
- Intangible fixed assets -€1,190
down €1,190 (-76.7%), from €1,551 to €361
- Trade debts -€36,372
down €36,372 (-61.0%), from €59,663 to €23,292
- Profit (loss) carried forward +€27,753
up €27,753 (+32.1%), from -€86,451 to -€58,698
- Current portion of long-term debt -€10,380
down €10,380 (-96.2%), from €10,794 to €414
- Tax, wage and social debts -€6,962
down €6,962 (-44.6%), from €15,620 to €8,657
of which Remuneration and social security: -€6,218
- Other debts -€3,885
down €3,885 (-8.8%), from €43,910 to €40,025
- Staff costs -€23,892
down €23,892 (-32.4%), from €73,800 to €49,908
- Gross operating margin +€11,302
up €11,302 (+12.2%), from €92,539 to €103,841
- Depreciation -€1,182
down €1,182 (-4.8%), from €24,798 to €23,617
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 | €84,120 | €54,274 | -€29,846 | -35.5% |
| Fixed assets | 21/28 | €50,357 | €26,006 | -€24,351 | -48.4% |
| Intangible fixed assets | 21 | €1,551 | €361 | -€1,190 | -76.7% |
| Tangible fixed assets | 22/27 | €48,806 | €25,645 | -€23,161 | -47.5% |
| Plant, machinery and equipment | 23 | €44,067 | €22,287 | -€21,780 | -49.4% |
| Furniture and vehicles | 24 | €1,014 | €78 | -€936 | -92.3% |
| Other tangible fixed assets | 26 | €3,725 | €3,280 | -€445 | -11.9% |
| Current assets | 29/58 | €33,763 | €28,269 | -€5,495 | -16.3% |
| Amounts receivable within one year | 40/41 | €25,200 | €7,901 | -€17,299 | -68.6% |
| Trade receivables | 40 | €23,938 | €7,384 | -€16,554 | -69.2% |
| Other amounts receivable | 41 | €1,262 | €517 | -€745 | -59.0% |
| Cash at bank and in hand | 54/58 | €7,579 | €18,075 | +€10,496 | +138.5% |
| Deferred charges and accrued income | 490/1 | €985 | €2,292 | +€1,307 | +132.7% |
| Total equity and liabilities | 10/49 | €84,120 | €54,274 | -€29,846 | -35.5% |
| Equity | 10/15 | -€84,451 | -€56,698 | +€27,753 | +32.9% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€86,451 | -€58,698 | +€27,753 | +32.1% |
| Amounts payable | 17/49 | €168,571 | €110,972 | -€57,599 | -34.2% |
| Amounts payable after more than one year | 17 | €38,584 | €38,584 | = | 0.0% |
| Financial debts | 170/4 | €38,584 | €38,584 | = | 0.0% |
| Amounts payable within one year | 42/48 | €129,987 | €72,388 | -€57,599 | -44.3% |
| Current portion of amounts payable after more than one year | 42 | €10,794 | €414 | -€10,380 | -96.2% |
| Trade debts | 44 | €59,663 | €23,292 | -€36,372 | -61.0% |
| Suppliers | 440/4 | €59,663 | €23,292 | -€36,372 | -61.0% |
| Taxes, remuneration and social security | 45 | €15,620 | €8,657 | -€6,962 | -44.6% |
| Taxes | 450/3 | €5,613 | €4,869 | -€744 | -13.3% |
| Remuneration and social security | 454/9 | €10,006 | €3,788 | -€6,218 | -62.1% |
| Other amounts payable | 47/48 | €43,910 | €40,025 | -€3,885 | -8.8% |
| Remuneration, social security and pensions | 62 | €73,800 | €49,908 | -€23,892 | -32.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,798 | €23,617 | -€1,182 | -4.8% |
| Other operating charges | 640/8 | €118 | €251 | +€133 | +112.4% |
| Gross operating margin | 9900 | €92,539 | €103,841 | +€11,302 | +12.2% |
| Operating profit (loss) | 9901 | -€6,177 | €30,066 | +€36,243 | |
| Financial income | 75/76B | €4 | €3 | -€2 | -39.3% |
| Recurring financial income | 75 | €4 | €3 | -€2 | -39.3% |
| Financial charges | 65/66B | €1,759 | €2,315 | +€556 | +31.6% |
| Recurring financial charges | 65 | €1,759 | €2,315 | +€556 | +31.6% |
| Profit (loss) for the period before taxes | 9903 | -€7,932 | €27,753 | +€35,685 | |
| Profit (loss) for the period | 9904 | -€7,932 | €27,753 | +€35,685 | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,932 | €27,753 | +€35,685 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.